progressiveslots| Kangchen Pharmaceutical (01681.HK): Special dividend declaration will be reviewed on May 24, 2024

Newsletter summary

Kangchen Pharmaceutical plans to hold a board meeting on May 24.ProgressiveslotsTo consider and approve the special dividend, details of which will be announced after the meeting.

Text of news flash

Kangchen Pharmaceutical announced that it would hold a board meeting on May 24, 2024 to consider the special dividend.

Hong Kong stock market ushered in important news, Kangchen Pharmaceutical (01681ProgressiveslotsHK) announced on May 13 that the Board meeting of the Company will be held on Friday, May 24, 2024 to review and approve the declaration of special dividends and related business. Subject to the approval of the board of directors, Kangchen Pharmaceutical will disclose the details of the special dividend through an announcement after the end of the meeting.

The convening of this meeting is undoubtedly a major positive signal for investors, indicating that the company is in good condition and has the ability to distribute profits. Kangchen Pharmaceutical's board meeting indicates that the company may pay special dividends to shareholders, which will undoubtedly further boost market confidence and attract investors' attention.

For the specific content of the board meeting of Kangchen Pharmaceutical, market analysts are generally optimistic. They believe that if Kangchen Pharmaceutical can successfully announce the special dividend, it will be a clear positive signal that the company's performance is sound, with strong profitability and dividend ability. This will help increase investor confidence in Kangchen Pharmaceutical and further push up the company's share price.

In addition, the convening of the meeting of the board of directors of Kangchen Pharmaceutical Industry has also aroused widespread concern in the industry. They believe that the agenda setting of Kangchen Pharmaceutical's board meeting shows that the company attaches great importance to the interests of shareholders and has strong confidence in the future development of the company. This will help to enhance the company's market image and attract more investors' attention and investment.

Generally speaking, the convening of this board meeting of Kangchen Pharmaceutical Co., Ltd. is of great significance to the company and investors. If the meeting goes smoothly, Kangchen Pharmaceutical is expected to get more attention and recognition in the capital market.