Harbin Electric Company Limited announced the board of directors recommended a final dividend of RMB 0.052 per share (tax inclusive) for the year 2023, representing 20.23% of the Company's earnings per share for the year 2023, for a total dividend of RMB 116,286,352.00. The dividends of H-share shareholders will be paid in HKD at the market exchange rate of RMB against HKD published by the People's Bank of China five days prior to 28 March 2024, that is, RMB 1 is equivalent to HKD 1.1021, and the dividend of H-share shareholders will be HKD 0.0573 per share. The Company will review and approve the 2023 final dividend distribution plan at the 2023 Annual General Meeting of Shareholders to be held on 24 May 2024.

The final dividend for the year of 2023 of the Company will be distributed on 24 July 2024, and the register of members of the Company will be closed from 17 June 2024 to 21 June 2024 (both dates inclusive). Final dividends for the year of 2023 of the Company will be distributed to shareholders whose names appear in the register of members of the Company on 17 June 2024. Ex-dividend date is 13 June 2024.