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倚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） 2025年前三季度業績預增公告 本公告由山東黃金礦業股份有限公司（「本公司」，連 同 其 附 屬 公 司「本集團」）根 據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.09條及第13.10B條 以及香港法例第571章證券及期貨條例第XIVA部項下內幕消息條文（定 義 見 上 市 規 則）作 出。 重 要 內 容 提 示： 經 初 步 測 算，本 公 司 預 計2025年1-3季度實現歸屬於母公司所有者的淨利潤為 人民幣38.0億元至人民幣41.0億 元，與 上 年 同 期 相 比 增 加 人 民 幣17.3億元到人民 幣20.3億 元，同 比 ...

Core Viewpoint - Shandong Gold (600547) announced a significant increase in net profit for the first three quarters, projecting a net profit of 3.8 billion to 4.1 billion yuan, representing a year-on-year growth of 83.90% to 98.50% [1] Financial Performance - The company expects net profit for the first three quarters to be between 3.8 billion and 4.1 billion yuan, indicating a substantial increase compared to the previous year [1] - The stock closed at 42.89 yuan, down 1.63%, with a trading volume of 3.942 billion yuan and a turnover rate of 2.47% [1] - Over the past five days, the stock has increased by 9.97% [1] Market Reaction - Statistics show that 77.78% of stocks with a profit forecast increase of over 50% saw their prices rise on the announcement day, with 8 stocks hitting the daily limit up [1] - After the profit forecast announcement, 80.56% of stocks experienced price increases over the following five days [1] Capital Flow - The stock experienced a net outflow of 129 million yuan in principal funds today, while the net inflow over the past five days was approximately 99.97 million yuan [1] - As of October 13, the margin trading balance was 1.909 billion yuan, with a financing balance of 1.899 billion yuan, reflecting a 4.08% increase from the previous trading day and a cumulative increase of 7.38% over the past five days [1]

证券日报网讯 10月14日晚间，山东黄金发布公告称，经初步测算，山东黄金矿业股份有限公司（以下 简称"公司"）预计2025年1-3季度实现归属于母公司所有者的净利润为38.0亿元至41.0亿元，与上年同期 相比增加17.3亿元到20.3亿元，同比增加83.9%到98.5%。 （文章来源：证券日报） ...

Core Viewpoint - The company has significantly improved its operational efficiency and profitability due to strategic adjustments in production layout and a favorable increase in gold prices, leading to a substantial year-on-year profit growth in the first three quarters of 2025 [7]. Group 1: Company Operations - The company's main business includes exploration, mining, selection, and sales of gold and non-ferrous metals, as well as the production and processing of mining equipment and construction materials [7]. - In response to rising gold prices, the company has increased investments in various infrastructure projects and adjusted mining grades to optimize resource utilization [7]. - The company is transitioning from outsourced mining operations to self-operated mining, which is expected to enhance long-term sustainable development [7]. Group 2: Financial Performance - The company's profit growth is attributed to enhanced operational efficiency and resource utilization, alongside a strategic focus on project construction speed [7]. - Historical net profit and non-recurring profit figures indicate a significant increase, with the company achieving a notable year-on-year profit growth rate [8]. - The company has made substantial investments in production equipment and workforce to support its long-term development goals [7].

Core Viewpoint - Shandong Gold (600547.SH) expects a significant increase in net profit for the first three quarters of 2025, driven by optimized production layout and rising gold prices [1] Financial Performance - The company anticipates a net profit attributable to shareholders of between 3.8 billion to 4.1 billion yuan for the first three quarters of 2025, representing an increase of 1.73 billion to 2.03 billion yuan compared to the same period last year [1] - This translates to a year-on-year increase of approximately 83.9% to 98.5% [1] Operational Efficiency - The company has focused on optimizing production layout, enhancing core technology, and improving management efficiency [1] - There has been a significant improvement in operational efficiency, resource utilization, and project construction speed, contributing to the profit increase [1]

Core Viewpoint - Shandong Gold (600547.SH) is expected to achieve a net profit attributable to shareholders of 3.8 billion to 4.1 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 83.9% to 98.5% [1][2] Group 1: Financial Performance - The company anticipates a net profit increase of 1.73 billion to 2.03 billion yuan compared to the same period last year [1] - The international gold price reached a historical high of 4,170 USD/ounce on the day of the earnings forecast release [1] Group 2: Strategic Initiatives - The company has adjusted mining marginal grades to utilize low-grade ore resources effectively, maximizing the value of the entire mining lifecycle [2] - Transitioning from outsourced mining operations to self-operated models enhances cost control and improves safety management [2] Group 3: Market Position and Future Outlook - The company has established a solid resource barrier through "independent exploration + quality acquisitions" [1] - With ongoing projects and contributions from overseas assets, the company's growth momentum is expected to be further released [2]

(本文来自第一财经) 山东黄金公告，预计2025年1-3季度实现归属于母公司所有者的净利润为38.0亿元至41.0亿元，与上年同 期相比增加17.3亿元到20.3亿元，同比增加83.9%到98.5%。 ...

Core Insights - The company expects a net profit of 3.8 billion to 4.1 billion yuan for the first three quarters of 2025, driven by optimized production layout and increased operational efficiency [1] - The company reported a significant increase in revenue and profit for the first half of 2025, with a 24.01% rise in main revenue and a 102.98% increase in net profit year-on-year [2] Group 1 - The company has enhanced its production efficiency and resource utilization by optimizing its production layout and focusing on core technological advancements [1] - The rise in gold prices has positively impacted the company's profitability, leading to a substantial year-on-year profit increase [1] - The company is investing in various infrastructure projects and adjusting mining grades to maximize resource utilization, responding to government initiatives for sustainable development [1] Group 2 - For the first half of 2025, the company reported main revenue of 56.766 billion yuan and a net profit of 2.808 billion yuan, with significant growth in both metrics compared to the previous year [2] - In Q2 2025, the company achieved a main revenue of 30.83 billion yuan and a net profit of 1.782 billion yuan, reflecting a year-on-year increase of 14.97% and 160.68% respectively [2] - The company's debt ratio stands at 63.11%, with investment losses of 363 million yuan and financial expenses of 914 million yuan, while maintaining a gross profit margin of 17.46% [2]

Core Viewpoint - Shandong Gold expects a net profit of 3.78 billion to 4.08 billion yuan for the first three quarters of 2025, driven by optimized production layout and rising gold prices [1] Group 1: Financial Performance - For the first half of 2025, the company reported a main revenue of 56.766 billion yuan, an increase of 24.01% year-on-year [2] - The net profit attributable to shareholders reached 2.808 billion yuan, up 102.98% year-on-year [2] - The non-recurring net profit was 2.81 billion yuan, reflecting a year-on-year increase of 98.74% [2] - In Q2 2025, the company achieved a single-quarter main revenue of 30.83 billion yuan, a 14.97% increase year-on-year [2] - The single-quarter net profit attributable to shareholders was 1.782 billion yuan, up 160.68% year-on-year [2] - The single-quarter non-recurring net profit was 1.779 billion yuan, reflecting a year-on-year increase of 152.72% [2] Group 2: Operational Strategy - The company has optimized its production layout and enhanced core technology, leading to improved operational efficiency [1] - There is a focus on increasing investment in various infrastructure projects to capitalize on rising gold prices [1] - The company is transitioning from outsourced mining operations to self-operated mining, which is expected to enhance long-term sustainable development [1]

Core Viewpoint - Shandong Gold expects a significant increase in net profit for the first three quarters of 2025, driven by optimized production layout, enhanced core technology, and rising gold prices [1] Financial Performance - The company anticipates a net profit attributable to shareholders of 3.8 billion to 4.1 billion yuan for Q1-Q3 2025, representing an increase of 1.73 billion to 2.03 billion yuan compared to the same period last year, which translates to a year-on-year growth of 83.9% to 98.5% [1] - For the year 2024, the revenue composition is as follows: 44.55% from purchased non-standard gold smelting, 10.03% from other industries, and 0.33% from other businesses [1] Market Position - As of the report date, Shandong Gold has a market capitalization of 197.7 billion yuan [1]