The Board of Shougang Concord Century Holdings Limited has recommended the payment of a final dividend of 1.5 HK cents per fully paid ordinary share (2019: 1 HK cents), with total amount of approximately HKD 28,485,000 for the year ended 31 December 2020, payable to shareholders whose names appear on the register of members of the Company at the close of business on 21 June 2021. The final dividend is subject to the shareholders' approval at the forthcoming annual general meeting. The final dividend proposed after 31 December 2020 has not been recognises as a liability as at 31 December 2020. Subject to Shareholders' approval of the proposed final dividend at the Company's annual general meeting to be held on 7 June 2021, the final dividend is expected to be paid on or about 9 July 2021.