The Board of Tianli International Holdings Limited recommends the payment of a final dividend of RMB 2.29 cents (2021: Nil)(equivalent to HK 2.49 cents, according to the central parity rate of Renminbi to Hong Kong dollars as announced by the People's Bank of China on 22 November 2022, i.e. RMB 0.91859 equivalent to HKD 1.00) (Eight months ended 31 August 2021: Nil) per share of the Company for the year ended 31 August 2022 to be paid on 15 February 2023 to the Shareholders whose names appear on the register of members of the Company on 10 January 2023, representing a dividend payout of approximately RMB 49.33 million (equivalent to approximately HKD 53.70 million) and dividend payout ratio of 50% for the year ended 31 August 2022 (Eight months ended 31 August 2021: Nil). The recommendation of payment of the final dividend is subject to the shareholders' approval at the forthcoming AGM of the Company.