Summary by Moomoo AI
PURPLE GOLD MINING GROUP CO., LTD. ANNOUNCED THAT IT WILL DEDUCT CORPORATE INCOME TAX ON THE 2023 FINAL DIVIDEND. The dividend will be distributed to shareholders on the Register of Shareholders of Listed H after the record date of 29 May 2024 and a dividend cheque is planned to be sent on 28 June. Under Chinese law, the company will deduct 10% corporate income tax for non-resident shareholders. If resident shareholders do not wish to receive tax deductions, they must submit supporting documents by May 22. In addition, Mainland individual investors in the Mainland through Hongkong Express and Hong Kong Express will deduct personal income tax at a rate of 20%, while Mainland corporate investors will be required to declare the tax on their own. The specific arrangement for the dividend will be implemented after approval at the Annual General Meeting and will be distributed in the form of RMB. The Company reminds investors to exercise caution when trading and to handle tax matters strictly according to tax regulations.
