FINAL DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 2023 (Updated)

EF001 Disclaimer Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arisen from or in reliance upon the whole or any part of the contents of this announcement.Cash Dividend Announcement for Equity Issuer Issuer name Shenwan Hongyuan Group Co. Ltd.Stock code 06806 Multi-counter stock code and currency Not applicable Other related stock code(s) and Not applicable name(s) Title of announcement FINAL DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 2023 (Updated) Announcement date 28 June 2024 Status Update to previous announcement Reason for the update / change Update to information relating to Hong Kong share register and withholding tax Information relating to the dividend Dividend type Final Dividend nature Ordinary For the financial year end 31 December 2023 Reporting period end for the dividend declared 31 December 2023 Dividend declared RMB 0.56 per 10 share Date of shareholders' approval 28 June 2024 Information relating to Hong Kong share register Default currency and amount in which the dividend will be paid HKD 0.61375 per 10 share Exchange rate RMB 1 : HKD 1.09598 Ex-dividend date 11 July 2024 Latest time to lodge transfer documents for registration with share registrar for 12 July 2024 16:30 determining entitlement to the dividend Book close period From 15 July 2024 to 18 July 2024 Record date 18 July 2024 Payment date 20 August 2024 Computershare Hong Kong Investor Services Limited Shops 1712–1716 17th Floor Share registrar and its address Hopewell Centre 183 Queen’s Road East Wanchai Page 1 of 3 v 1.1.1EF001 Hong Kong Information relating to withholding tax Details of withholding tax (including type of shareholders and applicable tax rate) applied to cash dividends declared are set out in the table below.In addition for individual H Shareholders whose country (region) of domicile is a country (region) which has entered into a tax treaty with the PRC stipulating a tax rate of more than 10% but less than 20% the Company will withhold and pay individual income tax at the effective tax rate stipulated in the relevant tax treaty in the distribution of cash dividend.For dividends received by Mainland corporate investors from investing in the H Shares of the Company via Southbound Trading the Company will not withhold and pay the income tax on their behalf and the Mainland corporate investors shall file the tax returns on their own. Dividends and bonus income of resident enterprises in the PRC obtained as they have continuously held H Shares for 12 months and enterprise income tax will be exempted according to laws.For further details please refer to the annual results announcement for the year ended December 31 2023 of the Company dated 28 March 2024.Type of shareholders Tax rate Other relevant information (if any) Individual - non-resident i.e. registered address outside PRC 10% overseas resident individual shareholders will enjoy relevant tax preference in accordance with tax convention signed by China and the country stated in the residential identity and tax arrangement of Mainland China Details of withholding tax applied to the and Hong Kong (Macau) dividend declared Individual - non-resident i.e. registered address 10% residents of country under the outside PRC convention whose tax rate is less than 10% withholding and remitting obligor can handle application for enjoying relevant convention treatment and excessive tax will be refunded with approval of competent taxation authority Individual - non-resident i.e. registered address residents of country without tax outside PRC 20% convention and other situations Enterprise - non-resident i.e. registered address outside PRC 10% overseas non-resident enterprise Individual - resident i.e. registered address within 20% individual investors in the PRC PRC who invest in H-shares listed on the Hong Kong Stock Exchange via Shenzhen-Hong Kong Stock Connect Securities investment fund 20% securities investment fund in the invest in the H shares of the PRC which invests H-shares Company via the listed on the Hong Kong Stock ShenzhenHong Kong Stock Exchange via the ShenzhenHong Connect Kong Stock Connect Page 2 of 3 v 1.1.1EF001 Information relating to listed warrants / convertible securities issued by the issuer Details of listed warrants / convertible securities issued by the issuer Not applicable Other information Other information Not applicable Directors of the issuer As at the date of this announcement the board of directors of the Company comprises Mr. Liu Jian and Mr. Huang Hao as executive directors; Mr. Ren Xiaotao Mr. Zhang Yigang Mr. Zhu Zhilong Ms. Zhang Ying and Mr. Shao Yalou as non-executive directors; Ms. Yeung Siuman Shirley Mr. Wu Changqi Mr. Chen Hanwen and Mr. Zhao Lei as independent non-executive directors.Page 3 of 3 v 1.1.1