The Board of China YuHua Education Corporation Limited has resolved to recommend for the approval of the shareholders of the Company at the upcoming annual general meeting of the Company the payment of a final dividend of HKD 0.092 (equivalent to approximately RMB 0.082) per share of the Company (the "Share") totaling HKD 308,379,000 (equivalent to RMB 272,977,000) for the year (the "Proposed Final Dividend") (2019: HKD 0.073) to the Shareholders whose names appear on the register of members of the Company at the close of business on 9 February 2021. Subject to the Shareholders' approval of the Proposed Final Dividend at the forthcoming annual general meeting of the Company, the relevant dividend is expected to be paid on 22 February 2021.