Black Peony (Group) Co., Ltd. announced a cash dividend of RMB 2.31 (tax included) for every 10 shares on the basis of 1,014,971,426 shares after excluding the 32,123,599 shares in the special securities account for repurchase from the total issued 1,047,095,025 shares on the record date of profit distribution for 2019. Cash dividend payable date is July 9, 2020, Record date is July 8, 2020 and Ex-dividend date is July 9, 2020.