The board of directors of Zhongyu Energy Holdings Limited has recommended the payment of a special dividend of 5 Hong Kong cents (2020: nil) per ordinary shares for the year ended 31st December, 2021. The special dividend was proposed to commemorate the 20th anniversary of the establishment of the Group. Special dividend are proposed to be paid to shareholders whose names appear on the register of members of the company on 10th June, 2022 and expected to be paid in cash on or about 15th July, 2022.

The payment of dividend shall be subject to the approval of the shareholders at the forthcoming annual general meeting of the company.