Tuesday, 31 May 2011 08:00pm EDT
Yantai Spandex Co., Ltd. announced that that it will use undistributed profits to pay the cash dividend of RMB 7.2 per 10 shares (after tax), and use additional paid-in capital to issue five new shares for every 10 shares to shareholders of record on June 7, 2011. The Company's shares will be traded ex-dividend on June 8, 2011.