Tonze New Energy Technology Co.,Ltd. approved cash dividend/10 shares (tax included) of CNY 2.70000000 for the year 2022. Record date is 11 May 2023. Ex-date is 12 May 2023.

Payment date is 12 May 2023. 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY 0.27000000(10% x CNY 2.70000000).

Net cash dividend/10 shares after tax: CNY 2.43000000(CNY 2.70000000- CNY 0.27000000).