China Conch Venture Holdings Limited announced that pursuant to a resolution passed at the Directors' meeting on 29 March 2021, a final dividend of HKD 0.70 (2019: HKD 0.65) per ordinary share totaling HKD 1,263,325,000, equivalent to approximately RMB 1,063,265,000 (2019: HKD 1,173,088,000, equivalent to approximately RMB 1,055,193,000), was proposed for shareholders' approval. The dividend has not been provided for in the consolidated financial statements for the year ended 31 December 2020. The proposed final dividend is subject to the approval of shareholders at the forthcoming annual general meeting ("AGM"). Final dividend is expected to be paid on 15 July 2021.