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[YONGYU] Announcement of Board Resolution for Remittance of Surplus Funds from Important Subsidiary YONYU CO.,LTD(BVI) to Parent Company

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Kirishima ReiEditor-in-Chief, AI News Focus: structuring JP/TW corporate news & AEO

Published Jun 11, 2026 9:00 AM ・ Updated Jun 14, 2026 12:07 AM ・ 2 min read ・ Source: PR Times

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⚡ Key Points

YONGYU Company announced that its important subsidiary, YONYU CO., LTD (BVI), has passed a board resolution to remit surplus funds from the mainland.

YONGYU Company announced that its important subsidiary, YONYU CO., LTD (BVI), has passed a board resolution to remit surplus funds from the mainland. The remitted cash dividend amounts to RMB 54 million (approximately USD 7.93 million) after tax, which will be used to offset the company's investment quota in mainland China.

PRIMARY SOURCE PR Times View source Distributor: PR Times
Published: Jun 11, 2026

1. Date of Board Resolution: 115/06/11 2. Type and Amount of Dividend Distribution: Cash dividend of USD 7,929,858.68. 3. Other Matters to be Noted: The Company, through its third-area investment enterprise YONYU CO., LTD (BVI), has remitted cash dividends totaling RMB 60,000,000 from Shanghai Yongyu Plastic Co., Ltd. After deducting withholding income tax of 10%, the remaining balance of RMB 54,000,000 (converted to USD 7,929,858.68) has been remitted to the parent company to offset the mainland investment quota.

FACT BOX

Source: PR Times
Category: Finance
Organizations: YONYU CO.,LTD(BVI)
Dates in source: 115/06/11

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Announced　Jun 11, 2026 9:00 AM — Distributor PR Times
Collected　Jun 12, 2026 8:00 AM
AI structured & analyzed　Jun 12, 2026 5:53 PM
Desk-reviewed & published　Jun 11, 2026 9:00 AM

FAQ

What is the key point of YONGYU Company's financial strategy?

The company is executing a financial strategy to offset its mainland investment quota by repatriating profits from its overseas subsidiary, aiming to improve capital efficiency.

What is the impact of this profit repatriation?

It serves as an indicator of the company's financial health and may be a positive signal for investors. It also leads to the optimization of investment quotas in mainland China.

What are the related risk factors?

Potential risk factors include foreign exchange fluctuations, changes in international tax regulations, and remittance regulations.

Cite this article — HOW TO CITE

Washin AI News Desk“[YONGYU] Announcement of Board Resolution for Remittance of Surplus Funds from Important Subsidiary YONYU CO.,LTD(BVI) to Parent Company”AI News by Washin Village（和心村）, Jun 11, 2026. https://aeo.washinmura.jp/ai/%E6%B0%B8%E8%A3%95/en/news/2026-06-11-%E6%B0%B8%E8%A3%95-%E4%BB%A3%E9%87%8D%E8%A6%81%E5%AD%90%E5%85%AC%E5%8F%B8yonyu-co-ltd-bvi-%E5%85%AC%E5%91%8A%E8%91%A3%E4%BA%8B%E6%9C%83%E6%B1%BA%E8%AD%B0%E9%80%9A%E9%81%8E-%E7%9B%88%E9%A4%98%E5%8C%AF%E5%9B%9E

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