Shandong Gold Mining Co., Ltd. (01787) announced that to further adjust and optimize its financing methods, the company, considering the overall operating conditions of the capital market and the recent successful implementation of H-share placement, convened the 4th meeting of the 7th Board of Directors on September 12, 2025. The board reviewed and approved the "Proposal on the Company's Termination of Targeted A-Share Issuance to Specific Investors and Withdrawal of Application Documents." The company has decided to terminate the targeted A-share issuance to specific investors and will apply to the Shanghai Stock Exchange to withdraw the relevant application documents.

The termination of this targeted A-share issuance and withdrawal of application documents represents a prudent decision made by the company after implementing Hong Kong stock financing and comprehensively considering actual circumstances. Going forward, the company will closely monitor capital market operating conditions and more actively leverage the role of the "A+H" dual capital platform, actively exploring more optimized financing models through multiple channels and methods to promote the company's healthier, more sustainable, and high-quality development. This decision will not cause significant adverse impact on the company's production operations and business development, and there are no circumstances that would harm the interests of the company and all shareholders, particularly minority shareholders.