Iceberg Cold & Heat Technology Co., Ltd.
Iceberg Cold & Heat Technology Co., Ltd.
Iceberg Cold & Heat Technology Co., Ltd.
Iceberg Cold & Heat Technology Co., Ltd.

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2000 Dividend Distribution Announcement

The 1999 dividend distribution plan of Dalian Refrigeration Co., Ltd. (“the Company”) was approved at the Company’s 1999 Annual General Meeting held on May 23, 2000. The details of the Company’s 1999 dividend distribution are hereby announced as follows:
I. Dividend Distribution Plan
All shareholders will receive a cash dividend of RMB 1 for every 10 shares held (inclusive of tax; after tax deduction, A-share public shareholders will actually receive RMB 0.80 per 10 shares). Dividends for B shares will be converted into Hong Kong dollars for payment. The conversion exchange rate shall be the mid-rate of HKD to RMB published by the People’s Bank of China on the first business day following the date of the resolution passed at the General Meeting of Shareholders (May 24), which is 1.0616. This dividend distribution is calculated based on the total share capital of 350,014,975 shares, and the company’s total share capital will remain unchanged after the dividend is paid.
II. Recipients of Dividends
All shareholders of the Company registered with Shenzhen Securities Registration Co., Ltd. as of 3:00 p.m. on July 20, 2000, following the close of trading on the Shenzhen Stock Exchange (including A-share and B-share shareholders).
III. Record Date and Ex-Dividend Date
The record date for A-share dividend distribution is July 20, 2000; the last trading day for B shares is also July 20, 2000; and the ex-dividend date is July 21, 2000.
IV. Dividend Distribution Method
1. Dividends on A-share public shares were directly credited to shareholders’ fund accounts via their custodian securities firms on July 22, 2000. Dividends on B-share shares were directly credited to shareholders’ fund accounts via their custodian securities firms or custodian banks on July 26, 2000.
2. Dividends on state-owned shares, corporate shares, and shares held by senior management shall be distributed directly by the company.
3. Investors who completed the transfer of custody for “Daling Shares” on July 20 and July 21, 2000 will continue to receive their dividend distributions through their original custodian securities firm. Similarly, investors who completed the transfer of custody for “Daling B” on July 25, 2000 will also continue to receive their dividend distributions through their original custodian securities firm.
V. Consultation Matters
Consulting Agency: Securities Department of Dalian Refrigeration Co., Ltd.
Consultants: Song Wenbao, Qiu Tao
Consultation phone: 0086-411-6654530
 
Hereby announced.
 
 
Board of Directors, Dalian Refrigeration Co., Ltd.
July 10, 2000

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