China Xinhua Education Group Limited proposed to declare a final dividend of 7.23 HK Cents per ordinary share of the Company for the year ended 31 December 2020, at the annual general meeting to be held on June 18, 2021. The proposed final dividend will be payable to the shareholders whose names appear on the register of members of the Company on 2 July 2021. The transfer books and register of members of the Company will be closed from 29 June 2021 to July 2021 (both days inclusive), during which period no transfer of shares in the Company will be effected. The final dividend will be payable on or around 2 July 2021.