State Taxation Administration: Personal income tax withheld and paid by securities institutions on behalf of individuals in the first half of the year has all been deposited in the location where the listed companies are located.

According to the State Administration of Taxation, in the first half of this year, more than 3,500 securities institutions involved in tax-related businesses have cumulatively declared and paid personal income tax exceeding 10 billion yuan on behalf of others. The tax payments have all been transferred to the locations of the listed companies, effectively preventing the unreasonable cross-regional transfer of tax sources.