[Kindong] Announcement of Board Resolution on Dividend Payment for Major Subsidiary Guangjin Co., Ltd.
Kindong announces that its 100% owned subsidiary, Guangjin Co., Ltd., resolved at its board meeting to distribute cash dividends totaling 5,173,152.81 USD.
📋 Article Processing Timeline
- 📰 Published: May 22, 2026 at 09:00
- 🔍 Collected: May 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 24, 2026 at 09:18 (25h 18m after Collected)
1. Date of Board Resolution: May 22, 2026
2. Type and Amount of Dividend: Cash dividends totaling 5,173,152.81 USD.
3. Other information:
Guangjin Co., Ltd. is a 100% owned subsidiary of our company.
2. Type and Amount of Dividend: Cash dividends totaling 5,173,152.81 USD.
3. Other information:
Guangjin Co., Ltd. is a 100% owned subsidiary of our company.
FAQ
What is the dividend amount of Guangjin Co., Ltd.?
The total cash dividend amount is 5,173,152.81 USD.
What is the background of this dividend resolution?
It was decided by the Board of Directors of Guangjin Co., Ltd. as a process of profit distribution to the parent company, Kindong.
What is the industry significance of this news?
It demonstrates a move to optimize capital efficiency across the entire group and maintain a stable management foundation.