Qingling Motors Co., Ltd. at its annual general meeting held on June 2, 2021, approved the proposal of the payment of final dividend of RMB 0.1 per Share in respect of the year ended December 31, 2020, to holders of H Shares and Domestic Shares as recommended by the Board. The final dividend will be paid to the Shareholders whose names appear on the register of Shareholders of the Company on June 16, 2021. For the purpose of the 2020 Final Dividend, the date of announcement is June 2, 2021. The average mean price of one Hong Kong dollar published daily by the People's Bank of China over a period of one calendar week prior to the declaration of the dividend is RMB 0.82618. Applying that average to the above formula, the dividend for each H Share is HKD 0.121039. Payment date is on or before June 30, 2021.