Hanhua Financial Holding Co., Ltd. Approves Final Dividend for the Year Ended February 28, 2015 Payable on June 11, 2015; Appoints Cui Weilan as Director and as Member of the Executive Committee
May 27, 2015 at 08:01 pm IST
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Hanhua Financial Holding Co., Ltd. announced final dividend for the year ended February 28, 2015 will be paid in cash on June 11, 2015 to the shareholders whose names appear on the register of members of the company on June 7, 2015. The 2014 final dividend represents a cash dividend of RMB 1 (inclusive of tax) per 10 shares.
At the AGM, the company approved addition of Director to the first session of the Board. The appointment of Mr. Cui Weilan has become effective as at the date of this announcement. In addition, as at the date of this announcement, Mr. Cui Weilan has also become a member of the Executive Committee of the company. Mr. Cui Weilan will enter into a Director's service agreement with the company. His tenure is the same with that of the other Directors of first session of the Board for a term from the effective date of his appointment to March 12, 2016, and will be subject to retirement by rotation in accordance with the Articles of Association.
Hanhua Financial Holding Co., Ltd. is principally engaged in the provision of diversified and comprehensive financial services to small and medium-size enterprise (SMEs) and microenterprises in China. The Company operates its business through five segments. The Guarantee and Entrusted Loan Business segment is engaged in the provision of guarantee and related consulting services to customers and the small and medium sized enterprises. The SME Lending segment is engaged in the provision of loan and services to the small sized and micro enterprises (SME enterprises) or the owners of SME enterprises. The Factoring Business segment is engaged in the provision of financing services to the small and medium sized enterprises. The Internet Financing Business segment is engaged in the provision of financial intermediary services and assets information services in the internet platforms. The Others segment is engaged in the aggregation of other non-significant business lines.
Hanhua Financial Holding Co., Ltd. Approves Final Dividend for the Year Ended February 28, 2015 Payable on June 11, 2015; Appoints Cui Weilan as Director and as Member of the Executive Committee