[ITEQ] Announcement by Important Subsidiary ITEQ International Ltd. on Board Resolution Regarding Profit Distribution Plan
Key facts
- [ITEQ] Announcement by Important Subsidiary ITEQ International Ltd. on Board Resolution Regarding Profit Distribution Plan
- ITEQ International Ltd., a key subsidiary of LAM TONG, announced the board resolution on profit distribution, approving a cash dividend totaling RMB 225,000,000.
- Source: PR Times
- Date: June 22, 2026
Direct answer
ITEQ International Ltd., a key subsidiary of LAM TONG, announced the board resolution on profit distribution, approving a cash dividend totaling RMB 225,000,000.
- Citation
- [ITEQ] Announcement by Important Subsidiary ITEQ International Ltd. on Board Resolution Regarding Profit Distribution Plan (June 22, 2026), PR Times
- Source
- PR Times
- Date
- June 22, 2026
ITEQ International Ltd., a key subsidiary of LAM TONG, announced the board resolution on profit distribution, approving a cash dividend totaling RMB 225,000,000.
📋 Article Processing Timeline
- 📰 Published: June 22, 2026 at 09:00
- 🔍 Collected: June 23, 2026 at 17:00 (32h 0m after Published)
- 🤖 AI Analyzed: June 23, 2026 at 17:34 (33 min after Collected)
1. Date of Board Resolution: 115/06/22
2. Type and Amount of Dividend Distribution: Cash dividend, totaling RMB 225,000,000.
3. Other Matters to be Disclosed: None.
2. Type and Amount of Dividend Distribution: Cash dividend, totaling RMB 225,000,000.
3. Other Matters to be Disclosed: None.
FAQ
When will the dividend from ITEQ International be paid?
The payment date has not been announced, but it typically occurs within 1-2 months after the resolution.
What does this dividend mean for investors?
It signals strong profitability and financial health of the subsidiary, boosting confidence in the parent company.
What is the relationship between Lam Tong and ITEQ?
ITEQ International is a key subsidiary of Lam Tong, responsible for R&D and manufacturing of advanced materials.