The board of directors of Heng Tai Consumables Group Limited announced that it has approved and adopted a dividend policy with effect from 1 January 2019 (the Dividend Policy). The Dividend Policy allows the shareholders of the company (the Shareholders) to share the profits of the company whilst retaining adequate reserves for the Group's future growth. According to the Dividend Policy, in addition to the final dividends, the Company may declare interim dividends or special dividends from time to time. According to the Dividend Policy, the Board shall consider the following factors before proposing and declaring dividends: (i) the Group's actual and expected financial performance; (ii) the Group's financial conditions and liquidity position; (iii) the Group's expected working capital requirements, capital expenditure requirements and future expansion plans; (iv) retained earnings and distributable reserves of the Company and each of the members of the Group; (v) the general economic conditions and other internal or external factors that may have an impact on the business or financial performance and position of the Group; and (vi) any other factors that the Board deems relevant. The declaration and payment of dividends by the company is also subject to any restrictions under the laws of the Cayman Islands, the memorandum and articles of association of the company and any applicable laws, rules and regulations. The Dividend Policy will be reviewed from time to time by the Board and there can be no assurance that dividends will be paid in any particular amount for any given period.