Essence Fastening Systems (Shanghai) Co., Ltd. at its Annual General Meeting held on 10 May 2023 approved final cash dividend of CNY 2.50000000 per 10 shares (tax included) for 2022. Record date is 22 May 2023, Ex-date is 23 May 2023. Payment date is 23 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 0.25000000(10% x CNY 2.50000000). Net cash dividend/10 shares after tax: CNY 2.25000000(CNY 2.50000000- CNY 0.25000000).