Neway Valve Co., Ltd. Announces Cash Dividend for 2019, Payable on July 13, 2020
July 05, 2020
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Neway Valve (Suzhou) Co., Ltd. announces cash dividend for 2019 of RMB 4.00 (taxes included) per 10 shares on the basis of 745,369,846 shares after excluding the accumulatively repurchased 4,630,154 shares by the record date disclosed in the announcement on implementation of rights and interests distribution for 2019 from the total issued 750 million shares at the end of 2019. Record date is July 10, 2020, Ex-dividend date is July 13, 2020 and dividend payable date is July 13, 2020.
Neway Valve Suzhou Co Ltd is a China-based company primarily engaged in the production and research and development of industrial valves. The Companyâs main business is to provide customers with industrial valve solutions. The Companyâs main products include ball valves, butterfly valves, gate valves, globe valves, check valves, control valves, nuclear valves, subsea valves, safety valves and other products. The Companyâs products are used in petroleum, natural gas, refining, chemicals, shipbuilding and offshore engineering, power plants, long-distance pipelines, new energy and other industries. The Companyâs other products include actuators, control systems, manifolds, data header and other oil equipment applied to gas and oil industry. The Company conducts its business in the domestic and overseas markets.