Shandong Gold: Fully-owned subsidiary Laizhou Company needs to make up for a tax payment of 738 million yuan, which is expected to affect the company's attributable net profit by 230 million yuan in the year 2025.

Shandong Gold announced that its wholly-owned subsidiary Shandong Gold Mining Co., Ltd. recently conducted a self-examination based on the risk prompts from the competent tax authorities. After self-examination and multiple discussions with relevant parties, it was determined that the two acts of transferring exploration rights free of charge did not meet the requirements for special tax treatment and should be declared and paid for corporate income tax on a general basis. Laizhou Company needs to pay a supplementary corporate income tax of 508 million yuan, and a late fee of 230 million yuan, totaling 738 million yuan. The above-mentioned matters of supplementary tax payment and late fees are expected to affect the company's attributable net profit in 2025 by 230 million yuan.