Nanxing Machinery Co., Ltd. Announces to Implement Final Cash Distribution Plan for A Shares for 2020, Payable on May 31, 2021
May 26, 2021 at 01:19 am IST
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Nanxing Machinery Co., Ltd. announced 2020 final distribution plan to be implemented. The company announced cash dividend (tax included) of CNY 3.000000 per 10 A Shares for the year 2020. Record date is May 28, 2021; ex-date is May 31, 2021 and payment date is May 31, 2021. Net cash dividend/10 shares after tax was CNY 2.7.
Nanxing Machinery Co., Ltd. is a China-based company principally engaged in the research and development, design, manufacture and sales of complete equipment for manufacturing plate furniture. The Companyâs major products include automatic edge banding machines, numerical controlled panel saws, multi-spindle drilling machines, precise sliding table saws and machining centers. The Companyâs products are primarily used in the plate furniture industry and other fields that process or utilize artificial boards. The fields contain manufacturing of custom furniture, component cabinets, wooden doors and floors, as well as the processing of artificial boards used in construction and decoration, exhibition and production of automobiles and ships. The Company also provides related accessories. The Company distributes its products in domestic market and to overseas markets.
NANXING MACHINERY CO., LTD. 
