The Annual General Meeting of China Building Materials Co., Ltd. (the “Company”) for the year ended 31 December 2023, has been successfully completed, and the summary results of the meeting vote have been announced. The meeting was chaired by the Executive Director and Mr. Chou Yu, Chairman, with all directors in attendance. The shareholders and agents attending the Annual General Meeting held approximately 65.06% of the voting shares, and the H Class Shareholders and Inward Stock Class Shareholders had an attendance of approximately 35.34% and 100%, respectively. The meeting passed resolutions including Board reports, Board of Supervisors reports, auditor's reports and financial statements, profit distribution plans and final dividend distribution plans. In addition, the Company announced that on 13 May 2024 a final dividend of RMB0.229 per...Show More

The Annual General Meeting of China Building Materials Co., Ltd. (the “Company”) for the year ended 31 December 2023, has been successfully completed, and the summary results of the meeting vote have been announced. The meeting was chaired by the Executive Director and Mr. Chou Yu, Chairman, with all directors in attendance. The shareholders and agents attending the Annual General Meeting held approximately 65.06% of the voting shares, and the H Class Shareholders and Inward Stock Class Shareholders had an attendance of approximately 35.34% and 100%, respectively. The meeting passed resolutions including Board reports, Board of Supervisors reports, auditor's reports and financial statements, profit distribution plans and final dividend distribution plans. In addition, the Company announced that on 13 May 2024 a final dividend of RMB0.229 per share (tax included) will be distributed to shareholders of RMB0.229 per share (tax included), and the H share dividend will be paid in HKD at RMB0.2524 per share (tax included). THE COMPANY ALSO CLARIFIED ITS DIVIDEND POLICY, EMPHASIZING THAT IT WILL MAINTAIN SUFFICIENT CASH RESERVES AND CONSIDER A NUMBER OF FACTORS IN DETERMINING WHETHER TO DECLARE A DIVIDEND. THE MEETING ALSO APPROVED THE AUTHORIZATION OF THE BOARD TO DEAL WITH THE 2024 INTERIM DIVIDEND AND THE APPOINTMENT OF PERSONNEL SUCH AS MR. CHAN SHAOLONG AS A NON-EXECUTIVE DIRECTOR. Dividends will be distributed in accordance with relevant tax laws, withholding 10% corporate income tax for non-resident shareholders, withholding 20% personal income tax for individual H shareholders, and providing information on tax benefits.