The China Fund, Inc. Announces Results of Special Meeting of Stockholders: Proposal to Liquidate and Dissolve the Fund is Approved

Core Points - The China Fund, Inc. has announced the approval of its liquidation and dissolution plan by stockholders during a special meeting held on October 21, 2025 [1] - The Fund will liquidate its portfolio and distribute cash to stockholders, ceasing normal business activities except for winding up its affairs [2] - The transfer agent will close the books on shares on October 29, 2025, with the last day of trading expected to be the same date [3] Distribution and Tax Implications - The Fund plans to make a primary distribution of liquidation proceeds to stockholders on October 31, 2025, after determining stockholder interests based on holdings as of the Determination Date [3][4] - Liquidation proceeds will equal the Fund's net asset value after settling all charges, taxes, expenses, and liabilities [4] - Liquidation will generally be a taxable event for stockholders, who may realize capital gains or losses based on the difference between distributions received and their adjusted basis in the Fund shares [5][6] Trading and Market Impact - Stockholders can sell their shares in the secondary market until the market close on the Determination Date, but trading will cease thereafter [6] - The Fund's shares will no longer be actively traded post-Determination Date, and there is no assurance of a market for buying or selling shares afterward [6][7]