Implementation of dividend distribution of Zhonghu

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete, without false records, misleading statements or major omissions

the company and all members of the board of directors guarantee that the content of information disclosure is true, accurate and complete, without false records, misleading statements or major omissions

I. The general meeting of shareholders reviewed and approved the profit distribution and capital reserve to increase share capital plan

1. The 2016 annual equity distribution plan of CNNC suvalve Technology Industry Co., Ltd. (hereinafter referred to as "the company") has been reviewed and approved by the company's 21st general meeting (2016 annual meeting) held on April 25, 2017. The profit distribution plan is: Based on the company's total share capital of 383417593 shares at the end of 2016, Distribute a cash dividend of 0.80 yuan (including tax) for every 10 shares to all shareholders, and do not convert the capital reserve into capital stock. The announcement of the resolution of the general meeting of shareholders was published in the securities times and cninfo on April 26, 2017 C such as 2-dimensional 2-sulfide molybdenum om with unique properties

2. The company's total share capital has not changed since the disclosure of the 2016 profit distribution plan to the implementation period

3. The distribution plan implemented this time is consistent with the distribution plan approved by the general meeting of shareholders

4. The implementation of the distribution plan has not been more than two months since it was considered and approved by the general meeting of shareholders

II. The profit distribution plan implemented this time

the company's profit distribution plan for 2016 is: Based on the company's total share capital of 383417593 shares at the end of 2016, Distribute cash dividends of 0.80 yuan to all shareholders for every 10 shares (tax included; after tax deduction, QFII, rqfii and individuals holding restricted shares in the share reform and initial restricted shares and securities investment funds will be paid 0.72 yuan for every 10 shares; dividends and bonus tax of individuals holding non share reform, non initial restricted shares and non tradable shares and securities investment funds will be levied at a differentiated tax rate of 0.80 yuan for every 10 shares, and the tax will be paid according to the actual holding period after the equity registration date according to the transfer of shares by investors; holding non share reform The bonus tax involved in securities investment funds that do not issue restricted shares and unlimited tradable shares is levied at 10% on the fund shares held by investors who invest in our resources and know-how in Hong Kong, and a differentiated tax rate is imposed on the fund shares held by mainland investors a; For other non resident enterprises other than QFII and rqfii, the company has not withheld and paid income tax, and the tax company expects that the new production capacity will be effectively digested and paid by the taxpayer at the place where the income occurs.)

[a note: according to the principle of first in first out, the holding period is calculated by taking the investor's securities account as the unit. If the holding period is less than 1 month (including 1 month), 0.16 yuan of tax will be paid for every 10 shares; if the holding period is more than 1 month to 1 year (including 1 year) 0.08 yuan for every 10 shares; If the shareholding exceeds 1 year, no supplementary tax is required.)

the total share capital of the company before dividend distribution is 383417593 shares, and the total share capital remains unchanged after dividend distribution. A total of 30673407.44 yuan of dividends were distributed this time, and no capital reserve was converted into share capital. The remaining undistributed profits shall be carried forward and distributed in the accounting reporting period of subsequent years

III. dividend distribution date

equity registration date: June 20, 2017

ex dividend date: June 21, 2017

IV. dividend distribution severely restricts sustainable development. The object of this dividend distribution is: as of the afternoon of June 20, 2017, after the closing of Shenzhen Stock Exchange, All shareholders of the company registered with China Securities Depository and Clearing Corporation Limited Shenzhen Branch (hereinafter referred to as "CSDCC Shenzhen Branch")

v. dividend distribution method

1 The cash dividends entrusted by the company to CSDCC Shenzhen Branch will be directly transferred to its capital account through the shareholder custody securities company (or other custody institution) on June 21, 2017

2. The cash dividends of the following A-share shareholders are distributed by the company itself:

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during the application period of equity distribution business (application date: June 12, 2017 to registration date: June 20, 2017), if the cash dividends entrusted to CSDCC Shenzhen branch are insufficient due to the reduction of shares in the securities account of the shareholders, all laws and consequences shall be borne by the company itself

VI. consulting organization

consulting address: the company's secretary room, No. 501 Zhujiang Road, New District, Suzhou, Jiangsu Province

consulting contact: Zhang Qianqian

Consulting:

Fax:

postal code: 215011

VII. Documents for reference

1. Documents confirming the specific schedule of dividends and dividends by Shenzhen Branch of China settlement Corporation

2. Resolutions and announcement of resolutions of the ninth meeting of the sixth board of directors of the company

3. Resolutions of the 21st general meeting of shareholders (2016 annual meeting) and announcement of resolutions

it is hereby announced

board of directors of CNNC suvalve Technology Industry Co., Ltd.

June 15, 2017