Sou Hu Cai Jing·2025-11-10 10:14Core Viewpoint - Shandong Gold Mining Co., Ltd. announced that its wholly-owned subsidiary, Shandong Gold Mining (Laizhou) Co., Ltd., needs to pay approximately 738 million yuan in corporate income tax and late fees due to tax issues related to the transfer of exploration rights [1][3][4]. Group 1 - The Laizhou company conducted a self-examination based on tax risk warnings from tax authorities regarding its subsidiaries, which transferred exploration rights without compensation between 2021 and 2022 [3]. - The tax authorities determined that the transfers did not meet the requirements for special tax treatment and should be reported and taxed under general tax treatment [3][4]. - The total amount due includes approximately 508 million yuan in corporate income tax and about 230 million yuan in late fees, totaling around 738 million yuan [4]. Group 2 - The company stated that the corporate income tax payment will be recorded as deferred tax assets and will not affect the current net profit attributable to the parent company [4]. - The late fees are considered a non-recurring item and are expected to impact the net profit attributable to the parent company by 230 million yuan in 2025 [4].