Wiscom System Co., Ltd. Approves Final Cash Dividend for the Year 2018, Payable on May 31, 2019; Announces Board Appointments
May 22, 2019 at 04:33 pm
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Wiscom System Co., Ltd. announced 2018 final distribution plan to be implemented (A shares) as cash dividend (tax included) of CNY 0.80000000 per ten shares. The record date is May 30, 2019, ex-date is May 31, 2019. The payment date is May 31, 2019. The profit distribution proposal for 2018 was approved at its annual general meeting of 2018 held on 21 May 2019.
The company also appointed Guo Wei, Lv Yunsong, and Xu Hongyuan as non-independent directors, appointed Zhang Hongfa & Li Yang as independent directors, and appointed Zang Sheng as Supervisor.
Wiscom System Co., Ltd. is a China-based company, principally engaged in the operation of electric power automation business, information technology (IT) business, electrical engineering design and service business, as well as new energy business. The Company's main products and services consist of power plant electrical automation devices and systems, substation integrated automation devices and systems, intelligent products and services, electric power automation other products, IT services and related products, modular substations, and electric power engineering design and services, among others. The Company operates its business in domestic markets, with Eastern China and Northern China as its major markets.