The board of directors of Huali University Group Limited announced that, at the board meeting held on July 21, 2021, it has resolved to declare the payment of special dividend of RMB 0.0518 per ordinary share which shall be made to the shareholders whose names appear on the register of members of the Company on August 6, 2021. The Company announced that the amount of the Special Dividend payable per ordinary share is HKD 0.0621, based on the exchange rate of HKD 1: RMB 0.8346, being the median exchange rate of Renminbi to Hong Kong Dollar as published by the People's Bank of China prevailing on July 20, 2021. The Special Dividend will be paid in Hong Kong dollar on or around August 30, 2021. The register of members of the Company will be closed from August 5, 2021 to August 6, 2021, both days inclusive, during which period no transfer of the Shares will be registered.