The Board of Directors of FECON Corporation approved to pay for the 2018 dividend in stock:   

-   Record date: August 30, 2019    

-       Purpose: to pay stock dividends.

-   Exercise ratio: 100:5

The one who owns 100 shares at the record date will receive 05 new shares.

-    Plan to deal with fractional shares:

The distributed shares will be rounded down. The fractional shares will be canceled.

For example, if shareholder A owns 1,050 shares at the record date, he will receive: 1,050x5% = 52.5 shares. However, because of rounding down, he will receive only 52 new shares.

Place of payment:

-       Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.

-       Shareholders whose shares have not been deposited: shareholders will receive dividend at FECON Corporation.

Please submit ID card and Shareholder certificates or the legal authorized letters on receipt of dividend.