China Huarong Asset Management Co., Ltd. announced that the board of directors proposed to distribute cash dividends for 2017 based on the total share capital of 39,070,208,462 shares of Domestic Shares and H Shares of the company as at December 31, 2017. Shareholders of Domestic Shares and H Shares whose names appeared on register of members as at the record date will be distributed RMB 1.689 (tax inclusive) for every 10 Shares with the total cash dividend distributed amounting to approximately RMB 6.599 billion, representing approximately 30.01% of the net profit attributable to the Shareholders of the Company on a consolidated basis of the Group for 2017. The earliest dividend payout date for 2017 will be May 21, 2018.