China Machinery Engineering Corporation announced that at the 2020 annual general meeting, the company approved distribution plan of the Company for the year of 2019, being the proposed distribution of final dividend of RMB 0.1586 per Share (pre-tax) for 4,125,700,000 Shares for the year ended December 31, 2019, which amount to RMB 654,336,020 (pre-tax) in aggregate. The final dividend for H Shares of the Company will be paid in Hong Kong dollar based on the average benchmark exchange rate of Renminbi to Hong Kong dollar during the calendar week immediately prior to June 29, 2020 (i.e. the date of the 2020 AGM) as announced by The People's Bank of China. Such final dividend is expected to be paid on or before September 30, 2020 to those Shareholders whose names appear on the register of members of the Company on July 11, 2020.