Zhejiang Resources (600070): Gain Investment Income

Zhejiang fortune Limited by Share Ltd announcements on investment gains

The board of directors and all directors of the company guarantee that there is no false record, misleading statement or major omission in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

I. investment abroad

Zhejiang finun Limited by Share Ltd (hereinafter referred to as "company") invested 10 million yuan in February 1994 to invest in Zhejiang Zhuji Thermal Power Development Co., Ltd. (hereinafter referred to as "Zhuji thermoelectric"), with a shareholding ratio of 13.51%.

Two, investment income

In November 30, 2018, Zhuji thermoelectric held a shareholders' meeting to deliberate the profit distribution plan. According to the allocation plan, the company can receive a dividend of 22 million 899 thousand and 100 yuan. In January 15, 2019, the company received the bonus.

Three, impact on company performance

The dividends received by the company will be included in the investment income of the company's financial statements, affecting the company's pre tax profit of about 22 million 899 thousand and 100 yuan (Unaudited), which has a positive impact on the company's 2018 annual performance.

Four, risk warning

The impact of these matters on the company's performance is not audited. Investors are invited to take note of risks.

Notice hereby.

Board of directors of Zhejiang Limited by Share Ltd

Two January 17th 19