ZHAOJIN MINING INDUSTRY COMPANY LIMITED* 招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：1818） 海外監管公告 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條而作出。 茲載列招金礦業股份有限公司於 2025 年 1 1 月 1 9 日在中國貨幣網 (www.chinamoney.com.cn)及上海清算所網站(www.shclearing.com.cn)所刊登的 《招金礦業股份有限公司2023年度第四期中期票據（科創票據）（品種一）行使 贖回權的公告》，僅供參考。 特此公告。 承董事會命 招金礦業股份有限公司 姜桂鵬 董事長 中國招遠，2025年11月19日 截至本公告日期，董事會成員包括： 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的內容概不 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 全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 執行董事： 姜桂鵬先生、段磊先生、王立剛先生及王培武先生 非執行董事： 龍翼先生、李廣輝先生及欒文敬先生 獨立非執行董事： ...

Core Viewpoint - Gold stocks are experiencing a significant rise, indicating a positive trend in the gold mining sector [1] Company Performance - China Gold International (02099.HK) increased by 7.05%, reaching HKD 139.7 [1] - Shandong Gold (01787.HK) rose by 6.63%, with a price of HKD 34.4 [1] - Zijin Mining International (02259.HK) saw a 6.34% increase, priced at HKD 140.9 [1] - Zhaojin Mining Industry (01818.HK) grew by 6.01%, trading at HKD 29.3 [1]

Core Viewpoint - Gold stocks are experiencing a significant rise, driven by a stabilization in gold prices after a three-day decline, with key companies showing notable gains in their stock prices [1] Group 1: Company Performance - China Gold International (02099) increased by 7.05%, reaching HKD 139.7 [1] - Shandong Gold (01787) rose by 6.63%, trading at HKD 34.4 [1] - Zijin Mining International (02259) saw a 6.34% increase, priced at HKD 140.9 [1] - Zhaojin Mining Industry (01818) gained 6.01%, with a stock price of HKD 29.3 [1] Group 2: Market Conditions - Gold prices stabilized after a decline, with spot gold nearing USD 4100 per ounce, currently at USD 4087 per ounce, reflecting a daily increase of 0.48% [1] - The "small non-farm" ADP weekly employment data indicated an average weekly decrease of 2500 jobs in the U.S. private sector as of November 1 [1] - Initial jobless claims in the U.S. were reported at 232,000, with continuing claims slightly rising to 1.957 million [1] Group 3: Economic Outlook - The market is anticipating the upcoming U.S. non-farm payroll data [1] - Guotai Junan Securities suggests that in the long-term context of de-dollarization, gold's status as a monetary metal is increasing [1] - The U.S. interest rate cut cycle may lead to a weaker dollar, while central bank gold purchases remain strong, providing medium to long-term support for gold prices [1]

Group 1 - The core viewpoint of the article highlights the rising trend in gold stocks, with notable increases in share prices for companies such as China Gold International, Shandong Gold, Zijin Mining, and Zhaojin Mining [1] - As of the report, gold prices have stabilized after a three-day decline, reaching approximately $4,087 per ounce, reflecting a daily increase of 0.48% [1] - The article mentions the recent employment data from the U.S., indicating a decrease in private sector employment by an average of 2,500 jobs per week, which may influence market sentiment towards gold [1] Group 2 - The article discusses the upcoming U.S. non-farm payroll data release, which is a key focus for the market [1] - It notes that in the context of long-term de-dollarization, gold is increasingly viewed as a monetary metal, with strong support for its price due to ongoing central bank purchases [1] - The report suggests that the U.S. interest rate cut cycle may lead to a weaker dollar, further supporting gold prices in the medium to long term [1]

黄金股午后走强，山东黄金涨超5%，中金黄金、招金矿业涨超4%，赤峰黄金涨超3%。 受盘面影响，黄金股相关ETF涨超2%。 | 代码 | 名称 | 现价 | | 涨跌 涨跌幅 | | --- | --- | --- | --- | --- | | 517520 | 黄金股ETF | 1.919 | 0.060 | 3.23% | | 517400 | 黄金股票ETF | 1.514 | 0.043 | 2.92% | | 159322 | 黄金股票ETF基金 | 1.557 | 0.041 | 2.70% | | 159562 | 黄金股ETF | 2.088 | 0.055 | 2.71% | | 159321 | 黄金股票ETF | 1.465 | 0.038 | 2.66% | | 159315 | 黄金股ETF基金 | 1.567 | 0.037 | 2.42% | 有分析认为，美元信用下滑奠定金价上行基础，而避险情绪的减退、美联储降息存悬念以及获利资金了结，使得金价短期内 持续震荡。考虑到目前短期利空因素已基本体现，金价在持续震荡后有望再度上行。 （文章来源：每日经济新闻） ...

Core Viewpoint - The gold stocks have rebounded in early trading, with notable increases in share prices for several companies, despite recent declines in international gold prices due to weakened safe-haven demand and inconsistent expectations regarding U.S. economic data and interest rate cuts [1]. Company Performance - China Gold International (02009) increased by 3.37%, reaching HKD 134.9 - Zijin Mining International (02259) rose by 2.57%, reaching HKD 135.9 - Zhaojin Mining Industry (01818) gained 2.32%, reaching HKD 28.28 - Shandong Gold (01787) increased by 1.8%, reaching HKD 32.84 [1]. Market Analysis - COMEX gold prices recently fell below USD 4000 per ounce, influenced by two main factors: a reduction in safe-haven demand and the lack of important U.S. economic data, leading to mixed investor expectations regarding the labor market and inflation trends [1]. - According to Everbright Securities, the combination of the U.S. entering a rate-cutting cycle and increased global uncertainty has led to a resurgence in gold ETF investment demand. The trend of central banks increasing gold holdings continues amid a backdrop of de-dollarization, supporting a bullish outlook for gold prices [1]. Recommendations - Everbright Securities recommends investing in Zijin Mining and suggests monitoring Chifeng Jilong Gold Mining and Zijin Mining International [1].

Core Viewpoint - Gold stocks experienced a rebound in early trading, with notable increases in share prices for several companies, despite recent declines in international gold prices [1] Group 1: Company Performance - China Gold International (02009) rose by 3.37%, trading at 134.9 HKD [1] - Zijin Mining International (02259) increased by 2.57%, trading at 135.9 HKD [1] - Zhaojin Mining Industry (01818) saw a rise of 2.32%, trading at 28.28 HKD [1] - Shandong Gold (01787) grew by 1.8%, trading at 32.84 HKD [1] Group 2: Market Analysis - COMEX gold prices recently fell below 4000 USD/ounce, influenced by reduced safe-haven demand and inconsistent expectations regarding U.S. labor market and inflation data [1] - Citic Securities' chief economist noted that the decline in gold prices was due to weakened safe-haven support and uncertainty in economic data releases [1] - Everbright Securities reported that the U.S. entering a rate-cutting cycle, combined with increased global uncertainty, has led to a resurgence in gold ETF investment demand [1] - The trend of central banks increasing gold holdings continues under the backdrop of de-dollarization, with a positive outlook for gold prices [1]

Market Performance - On November 18, gold stocks in Hong Kong and A-shares experienced significant declines, with Lingbao Gold (03330.HK) dropping 8.88%, Tongguan Gold (00340.HK) down 5.38%, and Zhaojin Mining (01818.HK) falling 5.08% [2][3] - In A-shares, Zhongjin Gold (600489.SH) fell 3.51%, Zhaojin Gold (000506.SZ) decreased by 3.34%, and Hunan Gold (002155.SZ) dropped 3.1% [2][3] Gold Price Trends - Spot gold prices faced heavy selling pressure, briefly falling below $4000 per ounce for the first time since November 10, marking the fourth consecutive day of decline [4][5] - As of the latest update, spot gold was reported at $4041.62 per ounce [4] Influencing Factors - The decline in gold prices and stocks is primarily attributed to a strengthening US dollar and a cooling expectation for a Federal Reserve rate cut in December [5][6] - Recent comments from regional Federal Reserve presidents opposing further rate cuts have contributed to market sentiment, emphasizing ongoing inflation concerns [6][7] Market Outlook - Short-term adjustments in the gold market are expected to continue, with institutions predicting a return to a price correction phase following previous optimistic expectations [9][10] - Despite recent declines, gold prices remain elevated, with a year-to-date increase of over 53%, supported by factors such as loose monetary policy and geopolitical tensions [11] Industry Recognition - The "Hong Kong 100 Strong" list is set to launch, highlighting the importance of the gold sector in the Hong Kong market, with companies like Zijin Mining (02899.HK) and Lingbao Gold being notable participants [12][13]

Core Viewpoint - International gold prices have declined, leading to a general pressure on gold stocks at the market opening, with notable declines in several companies [1] Group 1: Gold Price Movement - Overnight gold prices faced downward pressure, with New York futures gold closing at $4,074.5 per ounce, reflecting a nearly 0.5% decrease [1] - Spot gold prices fell below $4,010 per ounce, with a decline approaching 2% [1] Group 2: Company Stock Performance - Lingbao Gold (03330) experienced a drop of 3.09% [1] - Zijin Mining International (02259) saw a decrease of 2.94% [1] - Zhaojin Mining Industry (01818) fell by 2.75% [1] - Tongguan Gold (00340) declined by 2.51% [1] - China Gold International (02099) decreased by 2.05% [1]

Core Viewpoint - The decline in gold prices has led to a significant drop in Hong Kong-listed gold stocks, with various companies experiencing losses of over 5% [1] Group 1: Market Impact - Gold prices continue to fall, with spot gold dropping 0.64% to below $4020 per ounce, influenced by diminishing expectations of a rate cut in the U.S. next month [1] - Major gold stocks in Hong Kong, such as Lingbao Gold and Tongguan Gold, have seen declines of over 5% and 4.6% respectively, reflecting the broader market trend [2] Group 2: Industry Trends - A new tax policy on gold has resulted in increased prices at Shenzhen's Shui Bei market, leading to a noticeable decrease in sales volume for gold jewelry stores [1] - Retailers in Shenzhen, such as Wu Zude, report a significant drop in daily sales from three to four hundred grams to less than 200 grams, indicating a slowdown in purchasing activity [1]