China Datang Corp. Renewable Power Co. Ltd. Class H (HK:1798) has released an update.
China Datang Corporation Renewable Power Co., Limited has announced a final dividend of RMB 0.07 per share for the year ended December 31, 2023, which will be paid at an exchange rate of RMB 1 to HKD 1.096, amounting to HKD 0.077 per share. The payment is scheduled for August 23, 2024, following shareholder approval on June 28, 2024. Non-resident shareholders will be subject to a withholding tax, with the specific rates dependent on the shareholder’s country of domicile and applicable tax treaties with the PRC.
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