Western Mining announces CNY 1 per share dividend

Western Mining Co., Ltd. has announced the implementation of its 2024 annual equity distribution plan, approved at the shareholder meeting on May 7, 2025. The company will distribute a cash dividend of CNY 1 per share (pre-tax) based on a total share capital of 2,383,000,000 shares, amounting to a total distribution of CNY 2,383,000,000. The record date is set for June 19, 2025, with the ex-date and payment date both scheduled for June 20, 2025. Different tax implications apply based on the type of shareholder, with varying rates for individual investors depending on holding period and specific handling for QFII and Hong Kong Central Clearing Company Limited. The dividend for major shareholders, Western Mining Group and Qinghai Western Mining Asset Management Co., will be distributed by the company directly.