China Fortune Land Development Co., Ltd. announced the implementation of the scheme of profit distribution and capitalization from capital public reserve for 2019 as a cash dividend of RMB 1.5 (taxes included) per A share and 0.3 share capitalized from capital public reserve to all shareholders per share. Record date is July 9, 2020. Ex-right and ex-dividend date is July 10, 2020. Cash dividend payable date is July 10, 2020.