Nanjing ShengHang Shipping Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 1.00000000. Record date: 21 April 2023, Ex-date: 24 April 2023 and Payment date: 24 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: CNY0.10000000(10% x CNY1.00000000), Net cash dividend/10 shares after tax: CNY0.90000000(CNY1.00000000- CNY0.10000000).