Group 1 - The report from Zhongyin International indicates that the nomination of Waller as the new chairman of the Federal Reserve by Trump has led to a significant sell-off in the precious metals market, with gold prices dropping over 21% from a historical high of $5,600 per ounce within two days [1] - The firm maintains that the argument for gold as a true safe-haven asset alternative to dollar-denominated assets remains valid, regardless of who the new Federal Reserve chairman is, and anticipates that the U.S. will likely reduce interest rates by 2026 [1] - Zhongyin International reiterates an "overweight" rating on the Chinese gold industry, forecasting an average gold price of $4,800 per ounce in 2026, which still has potential for upward movement [1] Group 2 - Shandong Gold and Zhaojin Mining remain the firm's top stock picks, with "buy" ratings and target prices set at HKD 52.06 and HKD 44.78, respectively [1]

Group 1 - The controlling shareholder, Shandong Gold Group, issued a non-public exchangeable bond totaling up to 2 billion RMB, which was completed on April 19, 2023, with a term of 3 years [1] - The exchange period for the bond is from October 19, 2023, to April 17, 2026, with adjustments for holidays [1] - On February 4, 2026, Shandong Gold Group notified the company of the bond triggering a redemption clause, with early redemption scheduled for February 11, 2026 [2] Group 2 - Shandong Gold Group plans to increase its shareholding in the company by investing between 500 million RMB and 1 billion RMB over a 12-month period starting from April 9, 2025 [2] - As of October 9, 2025, Shandong Gold Group and its concerted actions held 2,026,125,939 shares, accounting for 43.95% of the total share capital [3] - From October 10, 2025, to February 3, 2026, Shandong Gold Group increased its shareholding by 3,330,000 shares, representing approximately 0.07% of the total share capital [4] Group 3 - The passive reduction in shareholding due to the bond's exchange period resulted in a decrease of 47,611,978 shares for Shandong Gold Group from October 10, 2025, to February 3, 2026 [4] - After the adjustments, Shandong Gold Group directly held 1,575,805,850 shares, which is about 34.18% of the total share capital [4] - The total shareholding of Shandong Gold Group and its concerted actions decreased from 2,026,125,939 shares to 1,981,843,961 shares, reducing the combined holding percentage from 43.95% to 42.99% [5] Group 4 - The changes in shareholding do not trigger a mandatory bid and will not alter the controlling shareholder or actual controller of the company [7] - The company will continue to monitor the implementation of the shareholding increase plan and the exchange situation of the bonds [7]

SHANDONG GOLD MINING CO., LTD. 山東黃金礦業股份有限公司 （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：1787） 海外監管公告 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部分內容而產生或因依賴該等內容而引致之任何損失承擔任何責 任。 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條 作 出。 茲載列山東黃金礦業股份有限公司（「 本公司 」）在 上 海 證 券 交 易 所 網 站 (www.sse.com.cn)刊登之《山 東 黃 金 礦 業 股 份 有 限 公 司 關 於 持 股5%以上股東權益 變動觸及1%刻 度 的 提 示 性 公 告》，僅 供 參 閱。 承董事會命 山東黃金礦業股份有限公司 董事長 韓耀東 中 國 濟 南，2026年2月4日 於本公告日期，本公司執行董事為修國林先生、徐建新先生、湯琦先生和劉延芬 女 士；本 公 司 非 執 行 董 事 ...

证券代码：600547 证券简称：山东黄金 公告编号：临 2026-002 山东黄金矿业股份有限公司 关于持股 5%以上股东权益变动触及 1%刻度的 提示性公告 一、 信息披露义务人及其一致行动人的基本信息 1.身份类别 | | 控股股东/实际控制人及其一致行动人 | | --- | --- | | 投资者及其一致行动人的身份 | □其他 5%以上大股东及其一致行动人 | | | □合并口径第一大股东及其一致行动人 | | | □其他______________ | 2.信息披露义务人信息 | 信息披露义务人名称 | | 投资者身份 | 统一社会信用代码 | | --- | --- | --- | --- | | |  | 控股股东/实控人 | | | 山东黄金集团有限公 | □ | 控股股东/实控人的一致 |  913700001630961156 | | 司 | 行动人 | | □ 不适用 | | | □ | 其他直接持股股东 | | 重要内容提示： 权益变动方向 比例增加□ 比例减少 权益变动前合计比例 43.95% 权益变动后合计比例 42.99% 本次变动是否违反已作出的承 诺、意向、计划 是 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 山東黃金礦業股份有限公司 呈交日期: 2026年2月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01787 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 995,486,178 | RMB | | 1 | RMB | | 995,486,178 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | 0 | | 本月底結存 | | | 995,486,178 | RMB | | 1 | RMB | | 995,486,178 | | 2. 股份分類 | 普通 ...

Group 1 - The controlling shareholder Shandong Gold Group and its concerted parties have reduced their combined shareholding from 43.95% to 42.99% as of the announcement date [1] - From October 10, 2025, to February 3, 2026, the shareholding of the Gold Group will be passively reduced by 47,611,978 shares due to the conversion of exchangeable bonds [1] - During the same period, the Gold Group increased its holdings by 3,330,000 shares, with an investment amount of 124 million yuan [1] Group 2 - The current increase plan is still being implemented, and there is uncertainty regarding the conversion of exchangeable bonds [1] - The changes in shareholding do not trigger a mandatory tender offer, and the controlling shareholder and actual controller remain unchanged [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 山東黃金礦業股份有限公司 呈交日期: 2026年2月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01787 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 995,486,178 | RMB | | 1 | RMB | | 995,486,178 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | 0 | | 本月底結存 | | | 995,486,178 | RMB | | 1 | RMB | | 995,486,178 | | 2. 股份分類 | 普通 ...

Group 1 - The core viewpoint of the article highlights the performance of the Huabao Nonferrous ETF (159876), which opened with a gain of 2.15% at 1.188 yuan on February 4 [1] - The major holdings of the Huabao Nonferrous ETF include Zijin Mining, which rose by 1.78%, Luoyang Molybdenum by 3.98%, Northern Rare Earth by 0.35%, Huayou Cobalt by 1.70%, China Aluminum by 1.75%, Ganfeng Lithium decreased by 0.29%, Shandong Gold increased by 0.39%, Yun Aluminum by 1.17%, Zhongjin Gold by 0.18%, and Jiangxi Copper by 3.00% [1] - The performance benchmark for the Huabao Nonferrous ETF is the CSI Nonferrous Metals Index return, managed by Huabao Fund Management Co., Ltd. Since its establishment on March 12, 2021, the fund has achieved a return of 132.74%, with a return of 16.91% over the past month [1]

Group 1 - The top three AH premium rates are held by Northeast Electric (00042) at 831.03%, Zhejiang Shibao (01057) at 349.11%, and Sinopec Oilfield Service (01033) at 287.64% [1] - The bottom three AH premium rates are recorded by CATL (03750) at -13.68%, China Merchants Bank (03968) at -2.20%, and WuXi AppTec (02359) at 2.64% [1] - The highest deviation values are seen in Andeli Juice (02218) at 23.04%, Dongpeng Beverage (09980) at 20.81%, and Goldwind Technology (02208) at 14.41% [1] Group 2 - The top ten AH stocks by premium rate include companies like Hongye Futures (03678) at 270.81% and Beijing Mechanical and Electrical (00187) at 255.83% [1] - The bottom ten AH stocks by premium rate include companies like Hengrui Medicine (01276) at 2.75% and Weichai Power (02338) at 7.14% [1] - The top ten AH stocks by deviation value also feature Qingdao Bank (03866) at 13.73% and CanSino Biologics (06185) at 13.21% [1]

四川黄金、招金黄金双双跌停，中金黄金跌超8%，恒邦股份、山东黄金、西部黄金等跟跌；湖南黄金 逆市走强涨超5%。 ...