China Metallurgical Corporation (01618) announced that the company will distribute a cash dividend of RMB 0.72 per 10 shares to H shareholders who are on the company's H shareholder register by August 2, 2024 for the year ending December 31, 2023. The dividend payable to H shareholders will be calculated in RMB according to the formula below and paid in HKD.

Five working days before the annual general meeting of shareholders, the average middle rate of RMB against HKD published daily by the People's Bank of China is 0.911804 (i.e. RMB 0.911804 is equivalent to HKD 1). Therefore, the dividend amount per 10 H shares at the end of the period is HKD 0.78964 (inclusive of tax).