Jiangsu Huachang Chemical Co. Ltd. held its Annual General Meeting of 2022 on 19 May 2023, during which it approved final cash dividend of CNY 3.00000000 (A shares) per 10 shares (tax included) for the year 2022. Record date is 29 May 2023, Ex-date is 30 May 2023, Payment date is 30 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 0.30000000(10% x CNY 3.00000000). Net cash dividend/10 shares after tax: CNY 2.70000000(CNY 3.00000000- CNY 0.30000000).