Zhejiang Red Dragonfly Footwear Co., Ltd. implements the rights and interests distribution for 2019 with the scheme of differentiated dividend distribution as follows: a cash dividend of RMB 0.18 (tax included) per share on the basis of the 556,772,807 shares after excluding the 19,427,993 repurchased shares in the special repurchase account from the total issued 576,200,800 shares. Record date is June 18, 2020. Ex-dividend date is June 19, 2020. Cash dividend payable date is June 19, 2020.