Yankuang Energy Confirms Special Dividend Payout

Yankuang Energy Group Company Limited Class H (HK:1171) has released an update.

Yankuang Energy Group Company Limited has announced a special dividend of RMB 0.19 per share for the year ended December 31, 2023, payable on July 30, 2024. The dividend will be distributed to shareholders after applying a 10% withholding tax for non-resident enterprise and individual shareholders, and a 20% tax for resident individual investors in PRC using the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connects. The announcement includes updates on the exchange rate and withholding tax information.

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