JL Mag Rare-Earth Co., Ltd. announced that based on the share capital of A Shares and H Shares as at the date of the equity registration date which shall be determined in the 2023 Equity Distribution Implementation Announcement deducts the number of shares held in the Company's Designated A Share Repurchase Account, a cash dividend of RMB 2.6 (tax inclusive) for every 10 Shares will be distributed to all shareholders, without any capitalization of capital reserves or bonus shares. During the period from the disclosure date of the profit distribution plan to the equity registration distribution date, if the Company's share capital changes due to the exercise of equity incentive grants, the listing of new shares, and share repurchase, the Company will adjust the total distribution amount in accordance with the principle that the distribution ratio will remain unchanged, i.e. to maintain a cash dividend of RMB 2.6 (tax inclusive) for every 10 shares, and the total cash dividend distribution amount will be changed accordingly.