Core Points - Heng Ren Silk Road Investments LLC has reported strong support from over 100 independent Sinovac shareholders for the immediate payment of a previously declared $19.00 dividend [1] - Sinovac's stock has been halted from trading since 2019, causing shareholders to miss out on significant profits from the COVID-19 vaccine, CoronaVac, which generated billions in sales during the pandemic [2] - The board had previously paid a $55.00 dividend in July 2025 as partial compensation for unpaid dividends during the trading halt [2] - An additional $19.00 dividend was declared on June 17, 2025, aimed at compensating independent shareholders for dividends that were paid to certain affiliates and insiders [3] - Despite the declaration, Sinovac has not provided record and payment dates for the promised dividend, which is unexpected given the board's commitment to pay dividends [4] - Peter Halesworth, founder of Heng Ren, emphasized the need for the board to respect the wishes of independent shareholders and set payment dates for the dividend [5] Company Actions - Heng Ren Silk Road Investments LLC is actively campaigning for the payment of the $19.00 dividend and has organized a webinar for shareholders to discuss voting processes and related issues [6] - An open resolution has been sent to Sinovac's shareholders urging the payment of the special dividend before the upcoming board vote on July 8 [7]
Independent Sinovac Shareholders Express Strong Support for Immediate Dividend Payment