China Steel Structure Corporation (CSSC) has announced the ex-rights and ex-dividend record date for the stock of its major subsidiary, United Steel Engineering and Construction Corporation (USEC). According to the announcement, the ex-rights and ex-dividend record date is set for February 22, 2022.
The announcement comes as USEC has been performing well in the steel structure construction industry. USEC is a specialized steel structure company that focuses on steel structure building, including warehouses, workshops, and industrial and commercial buildings. The subsidiary is based in Shandong Province in China and has been operating for over ten years.
USEC's success has been attributed to its high-quality products and exceptional customer service. The company has consistently delivered on its promises and has established itself as a reliable and trustworthy partner in the steel structure construction industry.
This announcement of ex-rights and ex-dividend record date is good news for CSSC and its shareholders. The ex-rights and ex-dividend record date marks an exciting opportunity for investors to acquire more shares in USEC at a discounted price. This would also increase the value of their investment portfolio, making them potential beneficiaries of the company's success.
CSSC is known for its strategic investments in high-growth industries, and USEC is no exception. The company has invested heavily in USEC, and the subsidiary has become a critical player in the steel structure construction industry. The announcement of the ex-rights and ex-dividend record date is a testament to CSSC's commitment to long-term growth and value creation for its shareholders.
In conclusion, the announcement of the ex-rights and ex-dividend record date for USEC is excellent news for investors and shareholders of CSSC. This is a significant development that could potentially increase the value of their investment portfolios. CSSC is committed to continuously investing in high-growth industries, and USEC's success in the steel structure construction industry is a testament to this commitment.