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Zangge Mining: Receives 1.539 billion yuan cash dividend from its associated company Julong Copper
Gelonghui March 25|Zangge Mining (000408.SZ) announced that the company received a cash dividend of 1.539 billion yuan from its associate company Tibet Julong Copper Industry Co., Ltd. on March 24. This dividend is based on Julong Copper’s strong performance, achieving revenue of 16.663 billion yuan and net profit of 9.141 billion yuan for the year 2025, with the company receiving dividends based on a 30.78% shareholding ratio. This dividend will enhance the company’s cash flow, provide financial support for operations and investments, and have a positive impact on future performance. The specific accounting treatment will be based on the results of the annual audit.