Radiant: Subsidiary Durff Co., Ltd. Announces Board Resolution for Earnings Remittance
Radiant Opto-Electronics announced that its subsidiary Durff Co., Ltd. will remit 723M RMB in earnings as a cash dividend to its sole investor.
📋 Article Processing Timeline
- 📰 Published: May 18, 2026 at 09:00
- 🔍 Collected: May 19, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 19, 2026 at 08:23 (23 min after Collected)
1. Date of Board Resolution: 2026/05/18
2. Type and Amount of Dividend: Cash dividend of RMB 723,046,078.53
3. Other Matters: The above dividend will be distributed to the sole investor, Profit Shine Investment Limited.
This announcement is made on behalf of the subsidiary in accordance with regulatory requirements for material information disclosure.
2. Type and Amount of Dividend: Cash dividend of RMB 723,046,078.53
3. Other Matters: The above dividend will be distributed to the sole investor, Profit Shine Investment Limited.
This announcement is made on behalf of the subsidiary in accordance with regulatory requirements for material information disclosure.
FAQ
What is the Radiant Opto-Electronics remittance news?
Its subsidiary, Durff Co., Ltd., has decided to remit approximately 723 million RMB in earnings back to the group structure.
Who receives the dividend from Durff Co., Ltd.?
The sole investor, Profit Shine Investment Limited, which is part of the Radiant group.
Is this a common corporate action?
Yes, it is a standard procedure for multinational corporations to centralize profits from overseas subsidiaries for group-level use.