YaSheng Group (HERB)

[Petrejus]

I appreciate your patience to explain this to us over and over again, RD, because I know you have done it quite a few times by now. And still I must admit I am having a hard time to get hold of it.

But it makes me very happy to hear that the shares I bought after the record date, May 15, will also qualify for the dividend until FINRA has announced the ex-date. I have good reasons to believe the dividend is coming our way, even if it takes longer than we had hoped for.

The Record Date is what the banks use to determine who is eligible. It matters to the company but not to us. We qualify for the dividend if we hold the stock on the ex-dividend date.

The ex-date is usually one day before the record date which is why you might as well use the record date. However, for dividends > 25% of the stock value, special rules apply. The ex-date is AFTER the record date. Even 1 day AFTER the pay-date as per exchange rules. This is why we have to wait for FINRA who will give us the ex-date. And they haven't announced anything yet. When they give us the ex-date you can still buy (and qualify) until one day before the ex-date.