Qilian International Holding Group Ltd (Nasdaq: QLI), a China-based pharmaceutical and chemical products manufacturer, announced on Thursday a special one-time cash dividend of USD0.05 per ordinary share.

"Despite the impacts of COVID-19 on us in our last fiscal year, the company maintained decent operating results and healthy cash flow," said Zhanchang Xin, CEO. "We expect better financial results as China announced a rollback of its anti-COVID measures."

The special dividend will be paid on or around 6 March 2023 to shareholders of record at 28 February 2023.