Summary by Moomoo AI
China Suntien held its annual shareholders' meeting for 2023 on June 7, 2024, and passed multiple proposals including the distribution of final dividends. The meeting was held in Shijiazhuang City, Hebei Province, China, with shareholders and their representative holding 60.841570% of voting shares. Resolutions of the meeting included amending the company's articles of association, issuing RMB 3 billion perpetual medium-term notes, adopting the 2023 financial report and profit distribution plan, among others. China Suntien will distribute dividends for 2023 on July 31, 2024, at a rate of RMB 2.14 per 10 shares (including tax) and will be paid in Hong Kong dollars, calculated according to the average benchmark exchange rate announced by the People's Bank of China. The dividends of H-share shareholders will be subject to a withholding tax rate of 10% for corporate income tax, while the tax rate for individual shareholders may differ based on the tax agreement. The shareholder register will be suspended from June 14 to 19, 2024, to determine the list of shareholders entitled to receive dividends.