JL Mag Announces Final Dividend of RMB 0.22 per Share for FY 2025; Payment Slated for 26 June 2026

Bulletin Express04-28 23:03

JL Mag Rare-Earth Co., Ltd. (JL Mag) released an updated announcement on 28 April 2026 confirming key terms for its FY 2025 final cash dividend.

Dividend Details • Amount: RMB 2.2 per 10 shares (equivalent to RMB 0.22 per share). • Hong Kong currency equivalent: HKD 2.510968 per 10 shares, using the exchange rate of RMB 1 : HKD 1.141349. • Shareholders’ approval date: 28 April 2026.

Timetable • Ex-dividend date (Hong Kong market): 30 April 2026. • Latest time to lodge share transfers: 04 May 2026, 16:30. • Book-closure period: 05 – 08 May 2026. • Record date: 08 May 2026. • Payment date: 26 June 2026.

Withholding Tax Framework • Non-resident enterprise shareholders: 10% withholding. • Non-resident individual shareholders from Hong Kong, Macau or treaty countries with a 10% rate: 10% withholding. • Investors holding H-shares via Shanghai- or Shenzhen-Hong Kong Stock Connect: 20% for individuals and funds; enterprises to self-declare. • Hong Kong investors receiving A-share dividends through Shenzhen-Hong Kong Stock Connect: 10% withholding. • Residency-based treaty reductions below 10% require post-payment applications to mainland tax authorities for refunds.

Convertible Securities Deadline • Holders of JL Mag’s listed convertible bonds (code 05834 JLMAG B3008) must complete conversion by 29 April 2026, 16:30 to qualify for the dividend.

Exchange-Rate Mechanism The HKD payout is calculated on the average RMB/HKD benchmark rate (RMB 0.876156 per HKD1.00) published by the People’s Bank of China during the week preceding the dividend declaration.

Registrar Information Computershare Hong Kong Investor Services Limited will administer the Hong Kong share register at its Wanchai offices.

Board Composition As of the announcement date, the board comprises two executive directors (Cai Baogui, Lyu Feng), three non-executive directors (Hu Zhibin, Li Xinnong, Liang Minhui) and three independent non-executive directors (Zhu Yuhua, Xu Feng, Cao Ying).

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