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05/10/2022 | Press release | Distributed by Public on 05/10/2022 01:56

Announcement of the resolution by the BOD to distribute dividends, on behalf of major subsidiary Kunshan Yuansong Electronics Technology Co., Ltd.

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Provided by: GLOBAL BRANDS MANUFACTURE LTD.
SEQ_NO 1 Date of announcement 2022/05/10 Time of announcement 15:51:01
Subject 
 Announcement of the resolution by the BOD
to distribute dividends, on behalf of major subsidiary
Kunshan Yuansong Electronics Technology Co., Ltd.
Date of events 2022/05/10 To which item it meets paragraph 14
Statement 
1.Date of the board of directors resolution:2022/05/10
2.Type and monetary amount of dividend distribution:
 Cash Dividends RMB102,173,399.
3.Any other matters that need to be specified:
The cash dividends will be distributed to Dynamic Skyline Ltd.
following the organizational structure at an equivalent USD
amount after paying necessary taxes.