[XinTec] Announcement of Dividend Resolution by the Board of Directors of Major Subsidiary, Guang Jin Co., Ltd.
Guang Jin Co., Ltd., a subsidiary of XinTec, has resolved to distribute a cash dividend of 10,969,242.24 USD.
📋 Article Processing Timeline
- 📰 Published: May 29, 2026 at 09:00
- 🔍 Collected: May 30, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 18:13 (34h 13m after Collected)
1. Date of Board of Directors resolution: 2026/05/29
2. Type and amount of dividend: Cash dividend totaling 10,969,242.24 USD.
3. Other information: Guang Jin Co., Ltd. is a 100% owned subsidiary of the Company.
2. Type and amount of dividend: Cash dividend totaling 10,969,242.24 USD.
3. Other information: Guang Jin Co., Ltd. is a 100% owned subsidiary of the Company.
FAQ
What does this mean for XinTec shareholders?
The dividend distribution from the subsidiary improves the parent company's cash position, potentially supporting future dividend payouts to shareholders.