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Jilin Province Chuncheng Heating Announces Dividend and Board Changes

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Jilin Province Chuncheng Heating Announces Dividend and Board Changes

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Jilin Province Chuncheng Heating Company Limited Class H ( (HK:1853) ) has provided an update.

Jilin Province Chuncheng Heating Company Limited announced several key updates following its 2024 Annual General Meeting. The company declared a final ordinary dividend of RMB 0.065 per share for the financial year ending December 31, 2024, with the payment date set for July 18, 2025. The dividend will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.0833672788. The announcement also detailed changes in the board of directors and the election of new board committee members. The company provided information on withholding tax rates applicable to different categories of shareholders, which could impact the net dividend received by investors. These updates are crucial for stakeholders as they reflect the company’s financial health and governance changes, potentially influencing investor confidence and market positioning.

More about Jilin Province Chuncheng Heating Company Limited Class H

Jilin Province Chuncheng Heating Company Limited operates in the heating industry, providing heating services primarily in the Jilin Province. The company focuses on delivering reliable and efficient heating solutions to residential and commercial customers within its market area.

Average Trading Volume: 123,500

Technical Sentiment Signal: Sell

Current Market Cap: HK$681.4M

For detailed information about 1853 stock, go to TipRanks’ Stock Analysis page.

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