Summary by Futu AI
Luoyang Luanchuan Molybdenum Group Co., Ltd. (stock code: 03993), i.e. Luoyang Molding Company, updated its announcement on 7 May 2024 and declared a final dividend for the year ended 31 December 2023. The company will distribute an ordinary dividend of RMB 1.5425 per 10 shares, with shareholder approval on June 7, 2024. At present, details such as the specific exchange rate, net subtraction date, closing time for share transfer registration and dividend distribution date have not been announced. According to the company's 2023 annual report, dividends on H shares of non-resident companies will be deducted 10% of Chinese corporate income tax, while Mainland individual investors who invest in H shares through Shanghai Hongkong will be deducted at a 20% tax rate. The Executive Directors of the Company are Mr. Sun Ruiwen and Mr. Lee Chaochun. Non-Executive Directors are Mr. Yuan Honglin, Mr. Lin Jiu-xin and Mr. Jiang Li, and the Independent Non-Executive Directors are Mr. Wang Yougui, Ms. Yan Yi and Mr. Li Shu-hua.