Tingyi (Cayman Islands) Holding Corp. Proposes Special Final Dividend for the Year Ended 31 December 2023, Payable on 10 July 2024

Tingyi Cayman Islands Holding Corp produces and sells food products and beverages. Products are sold under the Master Kong name. Sales break down by product family as follows: - beverages (58.3%): bottled waters, fruit juices, teas, etc.; - instant noodles (39.5%); - snacks (1.3%); - other (0.9%). At the end of 2018, products were being sold through 28,415 wholesalers and 140,779 retailers, through a network of 369 sales offices and 108 warehouses located in China. More than 99% of sales are in China.