Summary by Futu AI
China Foreign Shipping updated on May 17, 2024 its announcement of its final dividend for the year ended December 31, 2023, announcing that an ordinary dividend of RMB 0.145 per share will be distributed. The dividend is scheduled for 22 July 2024 and shareholders must register with the Hong Kong Account Registry by 7 June 2024 in order to qualify for dividends. The company updated the exchange rate to 1 RMB against 1.0841 HKD. In addition, under Chinese law, the company will deduct 10% income tax on non-resident corporate shareholders and non-personal resident shareholders and 20% income tax on individual resident shareholders with registered addresses in the Mainland of China. Board members include Wang Xiufeng (Chairman) and others.