Ningxia Baofeng Energy Group Co., Ltd. announced cash dividend of RMB 0.27545 (taxes included) per share to shareholders of shares with sales limit before initial public offering of A shares and a cash dividend of RMB 0.32091 (taxes included) per share to shareholders of floating shares in initial public offering of A shares. Record date is June 3, 2020. Ex-dividend date is June 4, 2020. The dividend will be payable on June 4, 2020.