Zhaojin Mining Group Co., Ltd. announced that it will withhold and pay individual income tax on mid-year dividends for the year 2024 in accordance with Chinese tax laws and relevant regulations. The company will determine the resident status of individual H shareholders on August 9, 2024, and withhold taxes based on the registered address of the shareholders. If the shareholder resides in a country or region with a tax rate lower than 10%, the company will withhold taxes at a rate of 10% and assist in applying for a refund of the overpaid taxes. Shareholders must provide relevant supporting documents before August 2, 2024, for tax authorities to review. In addition, mainland H shareholders who invest through the Shanghai-Hong Kong Stock Connect and the Shenzhen...Show More

Zhaojin Mining Group Co., Ltd. announced that it will withhold and pay individual income tax on mid-year dividends for the year 2024 in accordance with Chinese tax laws and relevant regulations. The company will determine the resident status of individual H shareholders on August 9, 2024, and withhold taxes based on the registered address of the shareholders. If the shareholder resides in a country or region with a tax rate lower than 10%, the company will withhold taxes at a rate of 10% and assist in applying for a refund of the overpaid taxes. Shareholders must provide relevant supporting documents before August 2, 2024, for tax authorities to review. In addition, mainland H shareholders who invest through the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect will be subject to a withholding tax rate of 20%, while corporate investors will need to declare and pay taxes on their own. The company will distribute mid-year dividend checks by regular mail on August 28, 2024. The company reminds investors to act cautiously in trading and emphasizes that it is not responsible for determining the shareholders' identities.