Financial Performance - The company's operating revenue for Q3 2023 reached CNY 13,898,223,457.65, representing a year-on-year increase of 38.95%[4] - Net profit attributable to shareholders for Q3 2023 was CNY 465,400,535.04, a significant increase of 239.59% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 398,296,658.64, reflecting a year-on-year growth of 172.89%[4] - Basic earnings per share for Q3 2023 were CNY 0.08, up 688.11% year-on-year[5] - The net profit attributable to shareholders for the current reporting period was 239.59 million, reflecting an increase compared to the previous year[10] - The diluted earnings per share for the current reporting period reached 688.11, indicating growth from the previous year[10] - Net profit for the first three quarters of 2023 was ¥1,658,400,726.28, a decrease from ¥797,613,486.06 in the same period of 2022, reflecting a significant increase of approximately 108.3%[23] - Basic earnings per share for the first three quarters of 2023 were ¥0.23, compared to ¥0.10 in the same period of 2022, representing a 130% increase[25] - The total comprehensive income for the first three quarters of 2023 was ¥1,659,782,320.77, compared to ¥1,312,689,682.41 in 2022, indicating an increase of approximately 26.4%[25] Assets and Liabilities - The total assets as of the end of Q3 2023 amounted to CNY 130,632,256,652.59, which is a 43.99% increase from the end of the previous year[5] - Total assets at the end of the reporting period increased by 43.99% primarily due to the Yintai Gold acquisition[9] - Current liabilities rose to ¥42.43 billion, compared to ¥34.66 billion in the previous year, reflecting an increase of about 22.5%[20] - Total liabilities reached ¥79.27 billion, compared to ¥54.02 billion, representing a rise of approximately 46.7%[20] - Non-current liabilities totaled ¥36.84 billion, up from ¥19.36 billion, indicating an increase of around 90.5%[20] - The company's equity attributable to shareholders increased to ¥33.93 billion from ¥32.88 billion, showing a growth of about 3.2%[21] - The company's retained earnings stood at ¥13.62 billion, up from ¥12.91 billion, reflecting an increase of approximately 5.5%[21] Cash Flow - The company reported a net cash flow from operating activities of CNY 4,768,203,682.71 for the year-to-date period[5] - Cash flow from operating activities increased by 139.22 million, driven by higher net inflows from business operations[10] - In the first three quarters of 2023, the cash inflow from operating activities totaled ¥61,770,449,196.78, compared to ¥65,701,489,631.13 in the same period of 2022, reflecting a decrease of approximately 6.5%[27] - The net cash flow from operating activities for the first three quarters of 2023 was ¥57,002,245,514.07, down from ¥63,667,461,006.00 in 2022, indicating a decline of about 10.4%[27] - The cash inflow from financing activities in the first three quarters of 2023 reached ¥37,217,272,408.70, compared to ¥27,817,039,935.83 in 2022, marking an increase of approximately 33.8%[29] - The net cash flow from financing activities for the first three quarters of 2023 was ¥15,025,771,926.28, compared to ¥8,408,025,582.54 in 2022, indicating a growth of about 78.5%[29] - The total cash and cash equivalents at the end of the third quarter of 2023 amounted to ¥101,393,063,378.74, compared to ¥4,667,964,630.90 at the end of the same period in 2022[29] Operational Highlights - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency and profitability[3] - The acquisition of Yintai Gold significantly increased trading financial assets by 30.28%[9] - Accounts receivable surged by 295.64% due to increased receivables from sales by subsidiaries[9] - Inventory rose by 112.99% as a result of the Yintai Gold acquisition and increases in subsidiaries[9] - The company's self-produced gold output from the beginning of the year to the reporting period is 29,710.73 kg, representing a year-on-year increase of 1.97%[14] - The purchased gold output is 41,402.65 kg, showing a decrease of 1.27% compared to the same period last year[14] - The small gold bar output is 22,245.39 kg, reflecting a significant increase of 23.85% year-on-year[14] Financial Expenses - The company experienced a 44.77% rise in financial expenses due to increased interest expenses at both headquarters and subsidiaries[10] - The company’s financial expenses for the first three quarters of 2023 were ¥1,117,296,702.52, compared to ¥771,752,125.02 in 2022, indicating an increase of approximately 44.8%[23] - The company’s tax expenses for the first three quarters of 2023 were ¥562,637,680.72, compared to ¥421,325,789.07 in 2022, reflecting an increase of about 33.5%[23] Future Outlook - The company plans to expand its market presence and invest in new technologies to enhance operational efficiency[20] - Future guidance indicates a focus on strategic acquisitions to bolster growth and market share[20]

Company Operations and Strategy - The company operates in gold mining, processing, and sales, with a complete industry chain including exploration, design, R&D, mining, and refining[4]. - The company aims to expand its resource base through acquisitions of quality projects in key gold mining regions[5]. - The company is focusing on high-quality development, emphasizing technological innovation, resource exploration, and mergers and acquisitions as key business areas[13]. - The company is committed to increasing its gold reserves and production capacity through strategic exploration and technological advancements[5]. - The company is focused on expanding its resource base through mergers and acquisitions, as well as risk exploration initiatives[48]. Production and Efficiency - The company has a mechanized and automated production model, focusing on increasing gold output and extending the lifespan of mines through resource expansion and efficiency improvements[5]. - The automation control rate of fixed equipment in mining operations has reached over 80%, contributing to improved safety and operational efficiency[8]. - The mechanization and automation levels in the company's mining operations have improved, with some mines achieving over 50% mechanized operation rates and 80% automation control rates[15]. - The company aims to improve production efficiency and resource utilization through innovations in large-scale and intelligent mining operations[49]. Financial Performance - The company reported a total revenue of RMB 27.425 billion for the first half of 2023, a decrease of RMB 2.400 billion, reflecting a decline of 8.05% year-on-year[20]. - The net profit attributable to shareholders for the same period was RMB 855 million, an increase of RMB 323 million, marking a growth of 60% year-on-year[20]. - The group’s revenue decreased by approximately 8.05% to about RMB 27,424.9 million compared to RMB 29,825.1 million in the same period of 2022, primarily due to a reduction in self-produced gold and purchased gold sales volume[25]. - The company reported a profit of RMB 854,582 thousand for the first half of 2023, compared to a profit of RMB 979,834 thousand in the same period of 2022, reflecting a decline of approximately 12.8%[93]. Market Conditions and Competition - The gold industry is experiencing increased competition and opportunities due to geopolitical risks and the rising appeal of gold as a safe-haven asset amid global economic uncertainties[9]. - The company faces intensified competition for premium mineral resources among large mining groups, making it increasingly difficult to acquire high-quality mining rights[48]. Research and Development - The company has established a technology innovation platform with 1 academic workstation and multiple provincial and national R&D platforms, enhancing its R&D capabilities[7]. - The company has increased R&D investment, particularly in deep resource exploration, green mining, and intelligent mining technologies, with significant progress reported in these areas[16]. - In the first half of 2023, the company applied for 186 patents, including 39 invention patents, and received authorization for 58 patents, with 12 being invention patents[22]. Environmental and Safety Practices - The company has entered the national and provincial green mine directories with its 11 operating mines, focusing on sustainable and eco-friendly mining practices[8]. - The company is advancing its "carbon peak and carbon neutrality" goals, promoting clean energy and green low-carbon technology applications[18]. - The company is committed to promoting green mining practices and improving its environmental protection efforts[45]. Acquisitions and Investments - The company completed the acquisition of control over Yintai Gold, holding 641 million shares, which represents 23.099% of Yintai Gold's total share capital, enhancing synergies between the two companies[12]. - The company successfully acquired 20.93% of Yintai Gold's shares on July 20, 2023, completing the restructuring of the board of directors shortly thereafter[21]. - The company completed the acquisition of Gansu Daqiao Gold Mine mining rights for RMB 865.70 million[43]. Financial Management and Liabilities - The company’s asset-liability ratio stood at 62.71%, an increase of 3.04 percentage points compared to the beginning of the year[20]. - The group’s total debt as of June 30, 2023, was approximately RMB 41,082.4 million, up from about RMB 34,803 million on December 31, 2022, resulting in a capital debt ratio of approximately 110.34%[38]. - The company has established a comprehensive risk management system to address various operational risks, including financial and internationalization risks[44][46][47]. Employee and Governance - The employee count as of June 30, 2023, is 16,244, a decrease from 16,993 employees as of December 31, 2022[76]. - The company has ensured that employee compensation and benefits are competitive, reflecting its profitability and market conditions[76]. - The company has complied with all applicable corporate governance codes during the reporting period[79]. Future Outlook - The outlook for gold prices in the second half of the year is optimistic, with expectations of continued upward trends due to geopolitical factors and potential shifts in U.S. monetary policy[10]. - The company remains optimistic about future growth and aims to expand its mineral resources to enhance its revenue base and financial performance[39]. - Future guidance includes potential increases in metal output as new projects come online[60].

Financial Performance - Revenue decreased to approximately RMB 27,425 million, a decrease of about 8.05% compared to the same period last year[2]. - Profit for the period was approximately RMB 980 million, an increase of about RMB 403 million compared to the same period last year[2]. - Profit attributable to owners of the company for the period was approximately RMB 855 million, compared to approximately RMB 531 million in the same period last year[2]. - Basic earnings per share attributable to owners of the company was RMB 0.14, compared to RMB 0.09 in the same period last year[2]. - Total comprehensive income for the period was RMB 1,044,041 thousand, compared to RMB 815,406 thousand in the same period last year[5]. - The operating profit for the six months ended June 30, 2023, was RMB 1,398,244 thousand, a decrease from RMB 1,960,931 thousand in the same period of 2022, reflecting a decline of about 28.6%[22]. - The net profit for the six months ended June 30, 2023, was RMB 577,086 thousand, down from RMB 979,834 thousand for the same period in 2022, representing a decrease of approximately 41.0%[22]. - The company reported a total income from gold mining, refining, and investment management segments of RMB 29,825,146 thousand for the six months ended June 30, 2023, compared to RMB 27,424,883 thousand in the previous year, showing an overall growth of about 8.7%[21]. - The income tax expense for the six months ended June 30, 2023, was RMB 347,858 thousand, a decrease from RMB 370,531 thousand in the same period of 2022, indicating a reduction of about 6.1%[23]. - The company’s financing costs for the six months ended June 30, 2023, totaled RMB 510,164 thousand, compared to RMB 702,317 thousand in the same period of 2022, reflecting a decrease of approximately 27.4%[21]. Revenue Sources - For the six months ended June 30, 2023, total revenue from customer contracts was RMB 27,422,136 thousand, a decrease of 8.0% compared to RMB 29,822,707 thousand for the same period in 2022[13]. - Revenue from the sale of gold bars and related products was RMB 27,391,308 thousand, down from RMB 29,698,948 thousand, reflecting a decline of 7.8% year-over-year[15]. - The group’s revenue from futures contract trading and other fees was RMB 30,828 thousand, significantly down from RMB 123,759 thousand in the prior year, marking a decline of 75.1%[15]. - The revenue from external customers for the six months ended June 30, 2023, was RMB 27,424,883 thousand, compared to RMB 25,000,000 thousand for the same period in 2022, indicating a year-over-year increase of approximately 9.7%[21]. Assets and Liabilities - Non-current assets amounted to RMB 78,537,585 thousand as of June 30, 2023, compared to RMB 69,740,840 thousand as of December 31, 2022[6]. - Current liabilities totaled RMB 37,909,397 thousand as of June 30, 2023, compared to RMB 34,689,937 thousand as of December 31, 2022[7]. - Net assets amounted to RMB 37,232,089 thousand as of June 30, 2023, compared to RMB 36,802,168 thousand as of December 31, 2022[7]. - The group reported a current liability exceeding current assets by approximately RMB 16,595,239 thousand as of June 30, 2023, indicating potential liquidity concerns[12]. - The group’s total liabilities amounted to RMB 62.620 billion, up RMB 8.206 billion or 15.08% from the start of the year, resulting in a debt-to-asset ratio of 62.71%, an increase of 3.04 percentage points[55]. Investments and Acquisitions - The group acquired properties, plants, and equipment totaling RMB 456,220,000 during the interim period, a decrease of 36.3% from RMB 716,397,000 in the same period of 2022[27]. - The company has acquired a 20.93% stake in Yintai Gold, completing the share transfer on July 20, 2023, which grants the company control over Yintai Gold[38]. - The company successfully acquired mining rights for the Gansu Daqiao Gold Mine for RMB 865.6956 million on May 24, 2023[63]. - The company completed the acquisition of control over Yintai Gold, holding 641 million shares, which is 23.099% of Yintai Gold's total share capital[151]. Research and Development - The company reported a significant increase in research and development expenses, totaling RMB 164,918 thousand, compared to RMB 173,467 thousand in the same period last year[4]. - The company has made significant investments in technology, establishing a research and development platform that includes an academic workstation and provincial-level research institutions[42]. - The company applied for 186 patents in the first half of 2023, including 39 invention patents, and received 58 authorized patents[58]. Operational Efficiency and Management - The company has established a comprehensive management system to enhance operational efficiency and reduce costs through lean management practices[41]. - The company is focusing on cost reduction and efficiency improvement, implementing a comprehensive system to enhance management and project oversight[58]. - The company emphasizes high-quality development, focusing on four key business areas: technological development, resource exploration, mergers and acquisitions, and industrial chain extension[48]. Market and Industry Trends - The gold price fluctuated significantly, reaching a high of $2,081 per ounce and closing at $1,919 per ounce, representing a 5.3% increase from the end of the previous year[45]. - The outlook for gold prices in the second half of the year suggests a continued upward trend due to expectations of a shift in U.S. monetary policy and ongoing geopolitical risks[45]. - Domestic gold trading volume increased significantly, with a total transaction volume of approximately 21,300 tons, up 10.55% year-on-year, and a total transaction value of approximately RMB 9.19 trillion, up 21.66% year-on-year[46]. Corporate Governance - The company has adhered to all applicable corporate governance codes during the six-month period ending June 30, 2023[197]. - The audit committee reviewed the interim results for the six months ending June 30, 2023, and confirmed compliance with applicable accounting standards and legal regulations[197]. - The company is committed to enhancing its corporate governance structure in accordance with relevant laws and regulations[197].

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，概不就因本公告 全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責 任。 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） 2023年 第 一 季 度 報 告 13.09 13.10B 本公告乃根據香港聯合交易所有限公司證券上市規則第 條及第 條 571 XIVA 及香港法例第 章證券及期貨條例第 部作出。 2023 3 31 下文載列截至 年 月 日止三個月山東黃金礦業股份有限公司（「本公司」） 2023 的 年第一季度報告。該報告所載的財務報告乃根據中國企業會計準則編 製，且未經審計。 本公告以中英文兩種語言編製。如中英文版本有任何歧義，概以中文版本為 準。 承董事會命 山東黃金礦業股份有限公司 董事長 ...

data / oo.AR / 152658 Shandong Gold AR22 / cover / Shandong Gold AR22 cover.ai 25.5mm (於中華人民共和國註冊成立的股份有限公司) (A joint stock company incorporated in the People's Republic of China with limited liability) A Share Stock Code A股份代號：600547 H Share Stock Code H股份代號：1787 ...

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。 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） 截 至2022年12月31日 止 年 度 的 年 度 業 績 公 告 2022年的年度業績摘要 • 本集團截至2022年12月31日止年度的收入為約人民幣50,305.8百萬元，較 去年同期增加約48.25%； • 本 集 團 截 至2022年12月31日 止 年 度 的 年 內 利 潤 為 約 人 民 幣1,351.5百 萬 元，而去年同期為虧損人民幣229.5百萬元； • 本公司截至2022年12月31日止年度的擁有人應佔年內利潤為約人民幣 1,191.4百萬元，而去年同期為本公司擁有人應佔年內虧損人民幣221.3百 萬元； • 本公司截至2022年12月31日止年度的每股基本盈利為人民幣0.19元，而 ...

2022INTERIM REPORT 中期報告 2022 INTERIM REPORT 中期報告 Stock Code 股份代號 : 1787 (A joint stock company incorporated in the People's Republic of China with limited liability) (於中華人民共和國註冊成立的股份有限公司) 目 錄 | 公司資料 | 2 | | --- | --- | | 管理層討論與分析 | 3 | | 其他資料 | 27 | | 中期簡明合併損益表 | 34 | | 中期簡明合併綜合收益表 | 35 | | 中期簡明合併財務狀況表 | 36 | | 中期簡明合併權益變動表 | 38 | | 中期簡明合併現金流量表 | 40 | | 中期簡明合併財務報表附註 | 42 | | 釋義 | 67 | 公司資料 執行董事 劉欽先生 王樹海先生 湯琦先生 非執行董事 李國紅先生（辭任自2022年6月16日起生效） 李航先生（委任自2022年7月12日起生效） 王立君先生 汪曉玲女士 獨立非執行董事 王運敏先生 劉懷鏡先生 趙峰女士 監事 李小平先生 ...