BEIJING URBAN CONSTRUCTION DESIGN & DEVELOPMENT GROUP CO., LIMITED Beijing Urban Construction Design & Development Group Co., Limited at its Annual General Meeting held on 25 May 2023, approved the distribution of cash dividend for 2022 of RMB 0.1898 per Share (tax inclusive). Such dividend is expected to be distributed before 25 August 2023 to Domestic Shareholders and H Shareholders whose names appear on the register of members of the Company on 7 June 2023. Dividend payable to H Shareholders shall be paid in Hong Kong dollars.
The amount to be paid in Hong Kong dollars will be converted based on the average closing exchange rate between RMB and Hong Kong dollars issued by the People's Bank of China for the five business days prior to the date of approving the declaration of dividends at the AGM held on 25 May 2023 (that is HKD 1.00 to RMB 0.897890). As such, the dividend of every H Share of the Company is HKD 0.211384 (tax inclusive).
