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2020 Third Quarterly Report Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. SHANDONG GOLD MINING CO., LTD. 山東黃金礦業股份有限公司 (a joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 1787) 2020 THIRD QUARTERLY REPORT This announcement is made pursuant to Rules 13.09 and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong). Set out below is the 2020 third quarterly report of Shandong Gold Mining Co., Ltd. (the “Company”) for the nine months ended 30 September 2020. The financial report contained herein is prepared pursuant to China Accounting Standards for Business Enterprises and has not been audited. This announcement is prepared in both Chinese and English languages. In the event of any inconsistency between these two versions, the Chinese version shall prevail. By order of the Board Shandong Gold Mining Co., Ltd. Li Guohong Chairman Jinan, the PRC 28 October 2020 As at the date of this announcement, the executive directors of the Company are Mr. Wang Peiyue, Mr. Li Tao and Mr. Tang Qi; the non-executive directors of the Company are Mr. Li Guohong, Mr. Wang Lijun and Ms. Wang Xiaoling; and the independent non-executive directors of the Company are Mr. Gao Yongtao, Mr. Lu Bin and Ms. Hui Wing. SHANDONG GOLD MINING CO., LTD. 2020 Third Quarterly Report Company Stock Code: 600547 Abbreviation : SD-GOLD SHANDONG GOLD MINING CO., LTD. 2020 Third Quarterly Report – 1 – SHANDONG GOLD MINING CO., LTD. 2020 Third Quarterly Report CONTENT I. Important Notice . 3 II. Company Profile . 3 III. Significant Events . 12 IV. Appendix . 28 – 2 – SHANDONG GOLD MINING CO., LTD. 2020 Third Quarterly Report I. IMPORTANT NOTICE 1.1 The board of directors of the Company (the “Board”), the supervisory committee and the directors, supervisors and senior management of the Company warrant the truthfulness, accuracy and completeness of the contents of this quarterly report, and that it contains no false representation, misleading statements or material omission, and jointly and severally accept the legal responsibility. 1.2 All directors of the Company attended the Board meeting and considered this quarterly report. 1.3 Li Guohong (officer in charge of the Company), Wang Peiyue (officer in charge of the Company’s accounting affairs) and Huang Weimin (officer in charge of the accounting office of the Company, Head of the Company’s accounting department) have warranted the truthfulness, accuracy and completeness of the financial statements in the Quarterly Report. 1.4 This quarterly report of the Company is unaudited. II. COMPANY PROFILE 2.1 Major Financial Data Unit: Yuan Currency: RMB Increase/decrease from the end At the end of this At the end of of last year reporting period last year (%) Total assets 65,286,465,346.89 58,155,572,825.59 12.26 Net assets attributable to owners of the listed company 24,541,533,133.31 23,114,212,472.16 6.18 – 3 – SHANDONG GOLD MINING CO., LTD. 2020 Third Quarterly Report From the From the beginning of beginning of this year to last year to Increase/decrease the end of the the end of from the reporting period the reporting corresponding (January to period of last year period of last year September) (January to September) (%) Net cash flows generated from operating activities 3,298,373,483.47 3,687,757,950.84 –10.56 From the From the beginning of beginning of this year to last year to Increase/decrease the end of the the end of from the reporting period the reporting corresponding (January to period of last year period of September) (January to September) last year (%) Revenue 53,660,975,381.04 64,828,768,040.84 –17.22 Net profit attributable to owners of the listed company 1,843,187,527.48 947,058,712.76 94.62 Net profit attributable to owners of the listed company, net of non-recurring profit or loss 1,839,008,475.87 934,022,660.78 96.89 Weighted average net assets return (%) Increased by 7.72 3.93 379 basis points Basic earnings per share (RMB/share) 0.42 0.22 90.91 Diluted earnings per share (RMB/share) 0.42 0.22 90.91 – 4 – SHANDONG GOLD MINING CO., LTD. 2020 Third Quarterly Report Non-recurring profit or loss items and amount ✓ Applicable □ Not applicable Unit: Yuan Currency: RMB Amount from beginning of this year to the end of the Amount for the reporting period current period (January to Items (July to September) September) Explanation Gains or losses on disposal of non-current assets –2,328,969.75 –5,203,229.46 — Tax refunds, exemptions or reductions from unauthorized approval or non- official approval documents or on a contingent basis — Government grants recognized through current profit or loss (other than grants which are closely related to the Company’s normal operation of business that are in accordance with the national policies and conferred on the standard quota or fixed amounts basis) 2,131,703.69 13,845,808.26 — Payment for use of state funds received from non-financial institutions recorded in current profits and losses — Gains from the difference between the investment costs of acquisition of subsidiaries, associates and joint ventures and share of the net fair value of the identifiable assets of the investee through investment — Gains or losses from exchange translation of non-monetary asset — Gains or losses from entrusting the investments or management of assets — – 5 – SHANDONG GOLD MINING CO., LTD. 2020 Third Quarterly Report Amount from beginning of this year to the end of the Amount for the reporting period current period (January to Items (July to September) September) Explanation Impairment of assets for force majeure such as natural calamities — Gains or losses from debt restructuring — Restructuring expenses, such as the compensation for employee relocation and integration cost — Gains or losses from transactions with obvious unfair transaction price in excess of fair values — Current net gains or losses of the subsidiaries from merger under the common control from the beginning of the period to the merger date — Profit or loss arising from contingencies not related to the Company’s normal business — Except for effective hedging business related to the normal business of the Company, profit or loss from fair value changes in held-for-trading financial assets, derivative financial assets, held-for-trading financial liabilities, derivative financial liabilities and investment income from disposal of held-for-trading financial assets, derivative financial assets, held-for- trading financial liabilities, derivative financial liabilities and other debt investments — Reversal of the impairment for receivables and contract assets subject to individual impairment test — – 6 – SHANDONG GOLD MINING CO., LTD. 2020 Third Quarterly Report Amount from beginning of this year to the end of the Amount for the reporting period current period (January to Items (July to September) September) Explanation Profit or loss from entrusted loans — Profit or loss from fair value changes in investment property measured at fair value subsequently — Impacts of one-off adjustment of the current profit or loss in accordance with requirements of tax and accounting laws and regulations on the current profit and loss — Custodian income from entrusted management — Other non-operating income and expenses other than the aforesaid items 3,123,176.59 –3,731,045.78 — Other items of gains or losses subject to the definition of non-recurring gains or losses — Amount of effect on non-controlling interest (after tax) 907,252.35 225,663.94 — Amount of effect on income tax –132,336.47 –958,145.35 — Total 3,700,826.41 4,179,051.61 — – 7 – SHANDONG GOLD MINING CO., LTD. 2020 Third Quarterly Report 2.2 Total number of shareholders, shareholding of top ten shareholders and top ten holders of tradable shares (or shareholders not subject to trading moratorium) as at the end of the reporting period Unit: Share Total number of shareholders 236,061 Shareholding of top ten shareholders Number of shares held Number of as at shares held Name of the end of subject Pledged or locked up shareholders reporting to trading Shares Nature of (full name) period Ratio (%) moratorium status Number shareholder Shandong Gold 1,671,709,197 38.52 91,599,502 Pledged 509,600,000 State-owned Group Co., Ltd. legal person (山東黃金集團 有限公司) Shandong Gold 194,872,049 4.49 116,923,230 Nil State-owned Geological Mine legal person Exploration Co., Ltd. (山東黃金 地質礦產勘查 有限公司) Shandong Gold 140,986,999 3.25 140,986,999 Nil State-owned Non-ferrous legal person Metal Mine Group Co., Ltd. (山東黃金 有色礦業集團 有限公司) China Securities 108,834,879 2.51 Nil Unknown Finance Corporation Limited (中國 証券金融股份 有限公司) Hong Kong Securities 699,503,419 16.12 Nil Overseas legal Clearing Company Limited person (H shares) – 8 – SHANDONG GOLD MINING CO., LTD. 2020 Third Quarterly Report Shareholding of top ten shareholders Number of shares held Number of as at shares held Name of the end of subject Pledged or locked up shareholders reporting to trading Shares Nature of (full name) period Ratio (%) moratorium status Number shareholder Hong Kong Securities 77,948,878 1.80 Nil Overseas legal Clearing Company Limited person (A shares) Qianhai Kaiyuan 51,487,008 1.19 Nil Unknown Fund – SPD Bank – Qianhai Kaiyuan Private Placement No.
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