Xinte Energy Co., Ltd. at its board meeting held on March 31, 2021, the board has reviewed and approved to recommend a final cash dividend in the total amount of RMB 120,000,000 (tax inclusive) for the year ended December 31, 2020, payable to shareholders whose names appear on the register of members of the company at the close of business on June 30, 2021. Based on 1,200,000,000 ordinary shares of the company in issue, such final cash dividend would amount to RMB 0.10 per ordinary share (tax inclusive), after appropriations to the statutory surplus reserve according to the relevant regulations. The proposal of distributing final dividend is subject to the approval by shareholders at the annual general meeting to be held on June 16, 2021. Such dividend (if approved) is expected to be paid before August 13, 2021 by the company. The final dividend will be paid by RMB to domestic shareholders and H Share shareholders will be paid by Hong Kong dollars. The actual amount of dividend of H Share to be paid by Hong Kong dollars is calculated basing on the average of the middle rate of RMB against Hong Kong dollars published by the People's Bank of China for five business days preceding the date of approval of the dividend declaration at the AGM.