BOSTON, Dec. 13,
2024 /PRNewswire/ -- The Board of Directors (the
"Board") of The China Fund, Inc. (the "Fund") has declared a
distribution in the amount of $0.1497
per share. The distribution is comprised entirely of ordinary
income. The dividend will be payable on January 10, 2025, to stockholders of record on
December 30, 2024, with an
ex-dividend date of December 30,
2024.
The Fund has a Dividend Reinvestment and Cash Purchase Plan (the
"Plan") in which each stockholder automatically participates,
unless the stockholder instructs Computershare Trust Company, N.A.
(the "Plan Agent"), in writing, to have all distributions, net of
any applicable U.S. withholding tax, paid in cash. If the Fund's
shares are trading at a premium to the net asset value ("NAV") per
share of the Fund on the distribution payment date, the Plan
provides that stockholders will be issued Fund shares valued at
NAV. If the Fund's shares are trading at a discount to the NAV per
share, stockholders will be issued shares of the Fund valued at
market price. Stockholders will not be charged a fee in connection
with the reinvestment of dividends or capital gains distributions.
A stockholder may terminate his or her participation in the Plan by
notifying the Plan Agent in writing at the address below.
Stockholders who have questions regarding the distribution may
contact EQ Fund Solutions, LLC at 1-888-CHN-CALL (246-2255).
The Fund is a closed-end management investment company with the
objective of seeking long-term capital appreciation by investing
primarily in equity securities (i) of companies for which the
principal securities trading market is in the People's Republic of China ("China"), or (ii) of companies for which the
principal securities trading market is outside of China, or constituting direct equity
investments in companies organized outside of China, that in both cases derive at least 50%
of their revenues from goods and services sold or produced, or have
at least 50% of their assets, in China. While the Fund is permitted to invest
in direct equity investments of companies organized in China, it presently holds no such investments.
The Fund's shares are listed on the New York Stock Exchange under
the ticker symbol "CHN." The Fund's investment manager is Matthews
International Capital Management, LLC.
For more information regarding the Fund and the Fund's holdings,
please call 1-888-CHN-CALL (246-2255) or visit the Fund's website
at www.chinafundinc.com.
For more information about the Plan or to terminate your
participation in the Plan, please contact Computershare Trust
Company, N.A. at c/o The China Fund, Inc. at P.O. Box 43078,
Providence, Rhode Island
02940-3078, by telephone at 1-800-426-5523 or via the Internet at
www.computershare.com/investor.
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SOURCE The China Fund, Inc.
