Yongxing Special Materials Technology Co.,Ltd announced 2022 final profit distribution plan to be implemented (A shares) Cash dividend/10 shares (tax included): CNY 50.00000000, Bonus issue from capital reserve (share/10 shares): 3.000000. Record date: 20 April 2023, Ex-date: 21 April 2023 and Payment date: 21 April 2023. Listing date of the bonus issues: 21 April 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 5.00000000(10% x CNY 50.00000000), Net cash dividend/10 shares after tax: CNY 45.00000000(CNY 50.00000000- CNY 5.00000000).