Announcement of the BOD's approval of the
Earnings Distribution on behalf of the Company's 100%
owned major subsidiaries

1.Date of the board of directors resolution:2023/08/11
2.Type and monetary amount of dividend distribution:
(1) Sinyi Real Estate(Shanghai) Limited:
    Cash dividend of RMB 15,830,000.
(2) Sinyi Real Estate(Hong Kong)Ltd.：
   Cash dividend of US$ 1,974,000.
(3) Sinyi Development Ltd.(Samoa)：(the parent company
of Sinyi Real Estate(Hong Kong)Ltd.)
   Cash dividend of US$ 1,974,000.
3.Any other matters that need to be specified:none.

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