Acorn International, Inc. announced that on August 28, 2019, its board of directors declared a cash dividend for the second quarter of 2019 of USD 0.0125 per ordinary share, or approximately USD 0.25 per American depositary share ("ADS"), each of which represents twenty ordinary shares. Record holders of the Company's ordinary shares at the close of business on September 20, 2019 (the " Record Date") will be entitled to receive the cash dividend for the second quarter of 2019. The Company expects Citibank N.A., the depositary bank for Acorn's ADS program, to distribute dividends to ADS holders as of the Record Date on or about September 27, 2019.