Zhejiang Hisoar Pharmaceutical Co., Ltd. Announces 2014 Final Distribution Plan, Payable on May 20, 2015; Announces Board Appointments
May 07, 2015
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Zhejiang Hisoar Pharmaceutical Co., Ltd. announced 2014 final distribution plan to be implemented (A shares) of cash dividend (tax included) of CNY 2.00000000 per 10 shares. The dividend is payable on May 20, 2015 to shareholders on record of May 19, 2015 with ex-date as May 20, 2015. Tax on cash dividend per 10 shares of CNY 0.20000000 (10% x CNY 2.00000000). Net cash dividend per 10 shares after tax of CNY 1.80000000 (CNY 2.00000000 - CNY 0.20000000).
The company also approved the election of Guo Xiaolong and Tian Liming as directors of the company.
ZHEJIANG HISOAR PHARMACEUTICAL CO.,LTD. is a China-based company principally engaged in the manufacture and sale of pharmaceutical materials and dyes. The Company operates through two segments: Pharmaceutical segment and Dye segment. Pharmaceutical segment manufactures and sells Active Pharmaceutical Ingredients (APIs) and preparations, as well as provides customized production and supporting research and development services for international pharmaceutical companies. The Companyâs pharmaceutical products comprise antibiotic series, hypoglycemic series and cardiovascular series. Dye segment is mainly involved in the manufacture and sale of environmentally friendly reactive dyes, dye intermediates and pigment intermediates. The Company distributes its products within domestic market and to overseas markets.