Zijin Mining Announces Dividend Tax Withholding Plan

Zijin Mining Group Co (HK:2899) has released an update.

Zijin Mining Group Co., Ltd. has announced that it will be withholding and paying personal income tax on behalf of its H Shareholders for the 2024 interim dividend, in accordance with relevant tax treaties and Chinese tax laws. Tax rates will vary based on the shareholder’s country of domicile, with provisions in place for those eligible for preferential tax treatment to claim refunds. Shareholders must provide the necessary documents by the specified deadline to benefit from these arrangements, while dividend cheques are scheduled to be mailed by the end of August 2024.

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