Summary by Moomoo AI
Shandong Gold Mining Co., Ltd. (the “Company”) announced on 28 March 2024 that the Company will change its accounting policy in accordance with the latest revised accounting guidelines of the Ministry of Finance of China and the International Accounting Standards Board. The change mainly concerns the accounting processing of deferred income tax and will take effect from 1 January 2023. The Company acknowledges that this change will not have a material impact on the Company's financial condition, operating results and cash flow, nor will it prejudice the interests of the Company and its shareholders. The changed accounting policies will be able to more objectively and fairly reflect the company's financial condition and operating results. The Executive Directors of the Company are Mr. Liu Qin, Mr. Wang Shuhai and Mr. Tang Qi; Non-Executive Directors are Mr. Li Hang and Ms. Wang Xiaoling; Independent Non-Executive Directors are Mr. Wang Yunmin, Mr. Liu Wai Jing and Ms. Zhao Feng.