DGAP-News: Decheng Technology AG

CORPORATE NEWS August 25, 2017

Decheng Technology AG: Successful Annual Meeting

- Payment of a dividend of EUR 0.10 per share decided

- CEO sees Company on the right track

Cologne, August 25, 2017. Decheng Technology AG (ISIN: DE000A1YDDM9; German Securities Identification Number (WKN): A1YDDM; ticker symbol: 333), a Chinese manufacturer of polyurethane resin and additives, sees itself on the right track to achieve the goals set for 201. ZHU Xiaofang, the Company's CEO, made a statement to this effect at today's Annual General Meeting in Frankfurt/Germany.

Increase in revenues, EBIT and gross profit
ZHU gave a positive summary: "Our business model with its focus on sustainable growth has stood the test in fiscal year 2016. With the dividend, shareholders can participate appropriately in the Company's success. We are well-positioned and confident to achieve our goals for 2017."

Dividend of EUR 0.10 per share decided
With a 100% majority, the Annual General Meeting also decided that - as proposed by the Management and Supervisory Boards - a dividend of EUR 0.10 per share would be paid for FY 2016. All proposed resolutions were adopted by a large majority vote.

About Decheng Technology AG
Decheng Technology AG is occupied with the research, development and the production of polyurethane resin and additives that enhance and improve the product features of textiles and leather. The production site is located in Quangang, Quanzhou City, Fujian Province, People's Republic of China. In fiscal year 2016, the Company achieved sales of EUR 75.8 million, an operating result of EUR 25.4 million and employed 119 persons. The shares of Decheng Technology AG are listed in the General Standard Segment of the Frankfurt Stock Exchange Exchange.