Shanghai Laiyifen Co.,Ltd implements the scheme of rights and interests distribution for 2019 with the scheme of differentiated dividend distribution as follows: a cash dividend of RMB 1.00 (tax included) for every 10 shares to all shareholders on the basis of 336,932,022 shares after excluding the 2,135,742 shares not participating in the profit distribution from the total issued 339,067,764 shares on the record date on July 14, 2020. Ex-dividend date is on July 15, 2020. Cash dividend payable date is on July 15, 2020.