China Fund Stockholders Approve Liquidation, Dissolution Plan

China Fund, Inc. (NYSE:CHN) announced that its stockholders approved the liquidation and dissolution of the Fund during a special meeting held on October 21, 2025.

Pursuant to the Plan of Liquidation and Dissolution, the Fund will liquidate its portfolio to prepare for cash distributions to stockholders. Upon commencing portfolio liquidation, the Fund will cease its stated investment objective and normal business activities, except for winding up its affairs, paying liabilities, and distributing remaining assets. The Fund plans to close its books at the close of business on October 29, 2025, which is also expected to be the last day of secondary market trading for its shares. Trading on the New York Stock Exchange is expected to cease prior to the opening of business on October 30, 2025. The primary distribution of liquidation proceeds to stockholders is anticipated on October 31, 2025. The liquidation will generally constitute a taxable event for stockholders subject to U.S. federal income tax.