Shandong Gold Mining (01787) plans to repurchase RMB 300 million to RMB 400 million of A-shares.

Shandong Gold Mining (01787) announced that, based on confidence in the company's future development prospects and recognition of the company's value, in order to safeguard the interests of all shareholders, enhance investor confidence, maintain the stability of the company's share price, improve the long-term investment value of the company's shares, and promote the healthy and sustainable development of the company, the company plans to use its own funds and self-raised funds to repurchase part of its A-share shares through centralized bidding transactions. The repurchased shares will be cancelled in accordance with the law and the company's registered capital will be reduced. The total funds for this share repurchase shall be no less than RMB 300 million (inclusive) and no more than RMB 400 million (inclusive), and the repurchase price per share shall not exceed RMB 48.57 (inclusive).