Sobute New Materials Co., Ltd Announces Cash Dividend for 2019, Payable on May 26, 2020
May 18, 2020
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Sobute New Materials Co. Ltd. announced that the Company implements the scheme of rights and interests distribution for 2019 as follows: a cash dividend of RMB 0.3 (taxes included) per A share. Record date on May 25, 2020, Ex-dividend date on May 26, 2020 and Cash dividend payable date on May 26, 2020.
Sobute New Materials Co Ltd is a China-based company mainly engaged in the research and development, production and sales of concrete admixtures. The Company's main products are high-performance water reducers, high-efficiency water reducers and functional materials. Its high-performance water reducers are mainly used to prepare high-performance concrete, which is used in nuclear power, bridges, high-speed railways, tunnels, high-rise buildings and other fields. Its high-efficiency water reducers mainly include naphthalene-based water reducers and aliphatic water reducers, which are mainly used to prepare medium and low-strength concrete, and are used in hydropower, municipal and civil construction, prefabricated component and other fields. Its functional materials include functional chemical admixtures, high-performance cement-based materials and transportation materials. The Company also provides related technical services.