The China Fund, Inc. Announces Special Meeting for Liquidation

Introduction to Special Meeting Plans

The China Fund, Inc. (NYSE: CHN) has exciting news for its stockholders. The Fund is preparing to hold a Special Meeting, and it promises important developments regarding the future of its operations. The meeting is scheduled to take place virtually, allowing stockholders to participate without geographical limitations.

Special Meeting Details

This upcoming Special Meeting is set for a time that aims to accommodate as many stockholders as possible. The Fund’s Board of Directors is encouraging all stockholders to join the discussion about the plan for liquidation and dissolution. During this event, stockholders will vote on a proposal that could significantly impact their investments.

Proxy Statement Information

In advance of the Special Meeting, the Fund has filed a proxy statement with the U.S. Securities and Exchange Commission (SEC). This document contains essential information about the proposed liquidation, including detailed plans on how stockholders will be affected. The proxy statement is expected to reach stockholders of record shortly, ensuring they are informed before making crucial voting decisions.

Understanding the Liquidation Proposal

One of the primary objectives of the Special Meeting is to approve the plan for liquidation and dissolution. In simpler terms, if stockholders give their approval, the Fund will begin the process of selling its assets and distributing the liquidation proceeds to investors. This step aims to bring clarity and finality to the Fund’s financial activities.

Expected Distribution of Proceeds

Upon the successful approval of the liquidation, stockholders can anticipate receiving cash payments that represent their share of the liquidation proceeds. This distribution will occur as soon as feasible after the Special Meeting concludes. The Fund has expressed its commitment to making this process as smooth and efficient as possible.

Importance of the Record Date

It is crucial for stockholders to keep in mind that the record date for participating in the voting process is fixed. This date serves as the cutoff for determining which stockholders are entitled to vote at the Special Meeting. Being aware of this date allows individuals to prepare and ensure their voices are heard.

Reading the Proxy Statement

As the proxy statement will be mailed to stockholders, it is recommended to read it thoroughly upon receipt. This document comprises vital insights, including the risks associated with the liquidation and the rationale behind these decisions. Understanding the contents of the proxy will empower stockholders to make informed choices that align with their financial goals.

Investment Considerations

Like any investment decision, participating in the liquidation process comes with its own risks. Stockholders should evaluate their circumstances carefully and consider seeking advice from financial and tax professionals. Being proactive is essential to making informed choices during this transition.

Conclusion on the Fund's Future

The China Fund, Inc. is taking significant steps as it looks toward the future. By holding a Special Meeting and seeking stockholder input on the liquidation plan, the Fund aims to prioritize transparency and investor interests. This unfolding situation is one to watch closely for anyone invested in the Fund.

Frequently Asked Questions

What is the purpose of the Special Meeting for The China Fund, Inc.?

The Special Meeting is meant for stockholders to vote on a proposed plan of liquidation and dissolution.

When will the Special Meeting take place?

The Special Meeting will be held virtually at a specified time to enable participation from all stockholders.

How will the liquidation proceeds be distributed?

If approved, the liquidation proceeds will be distributed in the form of cash payments to stockholders post-meeting.

Why is the record date significant?

The record date determines which stockholders can vote on the proposal at the Special Meeting.

Where can stockholders find the proxy statement?

The proxy statement will be mailed to stockholders and will also be available on the SEC's website.

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