Yankuang Energy Group Company Limited at the EGM to be held on 27 October 2023 proposed profit distribution policy of the Company for 2023-2025 as follows: the total cash dividends distributed by the Company in each accounting year shall account for approximately 60% of the Company's net profit (the lower of the after-tax profits of the financial statements under PRC Accounting Standards and International Financial Reporting Standards shall be adopted) for the accounting year after deducting statutory reserves, and the cash dividends per share shall not be less than RMB 0.5.