Ann: Chairman's Address to Shareholders, page-38

I think the process needs to be

1) The directors get the independent consultants report making recommendations on how
a) the cash can be transferred from the Chinese bank account to the AUD bank account
b) how a dividend can be paid to comply with the Chinese laws.
c) any tax implications in both China and Australia

2) The Directors then pass a resolution to pay a dividend.

Jiameng Zhang benefits as he is a significant shareholder... I am not sure why he doesn't want a dividend to be paid unless there is a tax issue for him?