China Feihe Limited declared an interim dividend of HKD 0.1375 per Share for the six months ended 30 June 2020 with an aggregate amount of approximately HKD 1,228,334,250 (equaling approximately RMB 1,101,476,800) to shareholders of the Company whose names are listed on the Company's register of members on 3 September 2020. The 2020 Interim Dividend is 40% of net profit for the six months ended 30 June 2020, which is based on (i) dividend policy set out in the Prospectus for distributing 30% of net profit, and (ii) an additional special interim dividend of 10% of net profit for the six months ended 30 June 2020 in RMB denomination being converted into Hong Kong dollar denomination based on the average central parity rate of RMB to Hong Kong dollar as announced by the People's Bank of China for the five business days prior to the date of this announcement. The 2020 Interim Dividend will be declared and paid in Hong Kong dollars, and is expected to be paid on or around 18 September 2020. In order to ascertain Shareholders' entitlement to the proposed 2020 Interim Dividend, the register of members of the Company will be closed from 2 September 2020 to 3 September 2020 (both days inclusive), during which period no transfer of shares will be registered.