Core Viewpoint - Zijin Mining International (02259) has exercised its overall coordinator's over-allotment option, resulting in the issuance of 52.3486 million shares, which represents approximately 15% of the total shares available for subscription before the exercise of the over-allotment option [1] Group 1 - The over-allotment shares will be issued at a price of HKD 71.59 per share [1] - The purpose of the over-allotment shares is to facilitate the return of 52.3486 million shares borrowed by Morgan Stanley Asia Limited or its affiliates under a stock borrowing agreement [1] - This action is intended to support the settlement of the international offering's over-allocation [1]

Core Viewpoint - Zijin Mining International (02259) has announced that the overall coordinator, representing international underwriters, has fully exercised the over-allotment option as of October 8, 2025, involving a total of 52.3486 million shares, which accounts for approximately 15% of the total shares available for subscription before the exercise of the over-allotment option [1] Summary by Relevant Sections - **Share Issuance** - The over-allotment shares will be issued at a price of HKD 71.59 per share [1] - **Purpose of Over-allotment** - The over-allotment shares will be used to facilitate the return of 52.3486 million shares borrowed by Morgan Stanley Asia Limited or its affiliates under a stock borrowing agreement, to assist in the settlement of the international offering's over-allocation [1]

Core Viewpoint - Zijin Mining International (02259.HK) announced the full exercise of the over-allotment option, involving a total of 52,348,600 shares, which represents approximately 15% of the initially available shares for subscription under the global offering [1] Summary by Sections - **Over-allotment Details** - The overall coordinator, representing the international underwriters, has exercised the over-allotment option on October 8, 2025, for a total of 52,348,600 shares [1] - The over-allotment shares will be issued at a price of HKD 71.59 per share, which is the same as the global offering price [1] - **Purpose of Over-allotment Shares** - The over-allotment shares will be used to facilitate the return of shares borrowed from Morgan Stanley Asia Limited or its affiliates under a borrowing agreement, to support the settlement of the international offering's over-allocation [1]

香港交易及結算所有限公司、香港聯合交易所有限公司（「聯交所」）以及香港中央結 算有限公司（「香港結算」）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，概不對因本公告的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。 除本公告另有界定者外，本公告所用的詞彙與紫金黃金國際有限公司（「本公司」）於 2025年9月19日（星期五）刊發的招股章程（「招股章程」）所界定者具有相同涵義。 本公告僅供參考，並不構成任何人士收購、購買或認購本公司任何證券的要約或誘 使作出要約的邀請。本公告並非招股章程。潛在投資者於決定是否投資發售股份 前，應閱覽招股章程內有關本公司、下文所述香港公開發售及國際發售的詳細資 料。 本公告概不構成要約出售或招攬要約購買發售股份，而在任何作出有關要約、招攬 或出售即屬違法的司法權區內，概不得出售任何發售股份。本公告不會直接或間接 於或向美國發佈、刊發、派發以於美國或任何其他司法權區出售或招攬購買或認購 證券。發售股份不曾亦不會按照1933年美國證券法（經不時修訂、補充或修改）（「美 國證券法」）或美國任何州的證券法進行登記，且不得於美國境內提呈發售 ...

Group 1 - The precious metals sector continues to see significant gains, with notable increases in stock prices for companies such as Chifeng Jilong Gold Mining (up 16.21% to HKD 38.56), China Silver Group (up 12.5% to HKD 0.9), Long Resources (up 9.49% to HKD 8.65), Shandong Gold (up 9.43% to HKD 43.42), and Zijin Mining International (up 4.76% to HKD 154.2) [1][1][1] - As of Wednesday, spot gold has surpassed USD 4000 per ounce, marking a new high with an increase of nearly USD 1400 per ounce this year, representing a rise of over 52% [1][1][1] - Spot silver has also seen a daily increase of 2%, reaching USD 48.77 per ounce [1][1][1] Group 2 - According to a report from JPMorgan, a quarterly increase of USD 10 billion in nominal gold demand could lead to a price increase of approximately 3% per quarter [1][1][1] - A slight shift of funds from the USD 29 trillion U.S. Treasury market to gold could potentially push gold prices above USD 5000 per ounce [1][1][1]

Group 1 - The Hang Seng Index fell by 1.07%, down 287 points, closing at 26,669 points, while the Hang Seng Tech Index decreased by 1.09% [1] - Gold stocks continued their recent upward trend, with New York gold prices surpassing $4,000; Zijin Mining International rose by 5.98%, Chifeng Jilong Gold increased by over 14%, and Shandong Gold gained 7.56% [1] Group 2 - Xinjiang Xin Mining (03833) surged over 19%, with its stock price nearly doubling after returning to A-shares, owning four nickel-copper mines [2] - Jinli Permanent Magnet (06680) rose over 6%, with institutions optimistic about the rare earth sector's valuation and performance [2] - Shanghai Electric (02727) increased by over 4% following a key breakthrough in the compact fusion energy project BEST in Hefei, Anhui [2] - Heyu-B (02256) climbed over 8% to reach a historical high, with the upcoming launch of Pimiatin expected to provide ongoing sales revenue [2] Group 3 - Yiming Anke-B (01541) rose over 7% after submitting an application for the Phase III clinical trial of IMM2510 [3] Group 4 - Botai Carlink (02889) increased over 19%, collaborating with SenseTime to promote AI applications in smart connected vehicles [4] - Changfeng Pharmaceutical (02652) debuted with a high opening of 218.64%, later rising over 180%, focusing on inhalation technology and inhalation drugs [4] Group 5 - China Cosco Shipping Energy Transportation (01138) fell over 3.7%, as OPEC+ production increases were significantly lower than previously reported, raising market concerns about oil transportation demand [5] Group 6 - Cryptocurrency-related stocks experienced significant declines, with Boya Interactive (00434) dropping over 8% as Bitcoin's plunge affected the crypto market [6]

Group 1: Hong Kong Stock Market Highlights - Jinli Permanent Magnet (06680) rose over 5%, with institutions optimistic about valuation and performance in the rare earth sector [1] - Heyu-B (02256) increased by more than 7%, as the upcoming launch of Pimiatin is expected to provide continuous sales revenue [1] - Sa Sa International (00178) saw a rise of over 6%, with a 8.4% year-on-year increase in revenue for the second fiscal quarter [1] - Gold stocks continued their recent upward trend, with Chifeng Jilong Gold Mining (06693) up over 14% and Zijin Mining International (02259) up over 7% [1] - Xinjiang Xin Mining (03833) surged over 17%, with the company announcing a near doubling of stock price after its return to A-shares [1] Group 2: U.S. Stock Market Highlights - AMD (AMD.US) rose 3.83% after announcing a 6 GW computing power agreement with OpenAI for future AI infrastructure [3] - Trilogy Metals (TMQ.US) skyrocketed 211% following the U.S. government's announcement to acquire a 10% stake in the company [3] - AppLovin (APP.US) increased by 7.64%, amid reports of an SEC investigation regarding its advertising practices [3] - Ford Motor Company (F.US) fell 6.14% due to a significant fire at a key production facility, expected to halt operations until next year [4] - Soluna Holdings (SLNH.US) surged 12.78%, reporting an increase in mining capacity from 526 PH/s in August to 658 PH/s in September [4]

Core Viewpoint - The recent surge in gold stocks is attributed to increased investor demand for gold as a safe haven amid ongoing geopolitical tensions and expectations of multiple interest rate cuts by the Federal Reserve, leading to record high international gold prices [1] Group 1: Gold Stock Performance - Chifeng Jilong Gold Mining (06693) rose by 6.57%, reaching HKD 35.36 - Zijin Mining International (02259) increased by 3.8%, reaching HKD 152.8 - Shandong Gold Mining (01787) saw a rise of 2.97%, reaching HKD 40.86 - Tongguan Gold (00340) grew by 2.31%, reaching HKD 3.1 [1] Group 2: Market Influences - The ongoing "shutdown" crisis of the U.S. federal government is contributing to market uncertainty - There is an increasing expectation for multiple interest rate cuts by the Federal Reserve - Continued geopolitical conflicts in various regions are driving investors to seek gold as a safe investment [1] Group 3: Gold Price Milestone - On Tuesday, gold futures on the New York Commodity Exchange briefly surpassed USD 4000 per ounce - This marks the first time in history that New York gold futures have crossed this threshold [1]

Core Viewpoint - The recent surge in gold stocks is driven by increased investor demand for gold as a safe-haven asset due to ongoing geopolitical tensions and expectations of multiple interest rate cuts by the Federal Reserve, leading to record-high international gold prices [1] Company Performance - Chifeng Jilong Gold Mining (06693) rose by 6.57%, trading at 35.36 HKD - Zijin Mining Group (02259) increased by 3.8%, trading at 152.8 HKD - Shandong Gold Mining (01787) saw a rise of 2.97%, trading at 40.86 HKD - Tongguan Gold (00340) grew by 2.31%, trading at 3.1 HKD [1] Market Conditions - The ongoing "shutdown" crisis of the U.S. federal government and heightened expectations for multiple interest rate cuts by the Federal Reserve are influencing market dynamics - Continuous geopolitical conflicts in various regions are prompting investors to increase their gold holdings for risk mitigation [1] Gold Price Milestone - On Tuesday, the price of gold futures on the New York Commodity Exchange briefly surpassed 4000 USD per ounce, marking the first time in history that this threshold has been crossed [1]

Group 1 - The Hang Seng Index opened down 0.21%, while the Hang Seng Tech Index fell by 0.11%. Gold stocks showed strong performance, with Zijin Mining International rising over 2%, while tech stocks mostly opened lower, with Alibaba down 1.33% [1] - Zheshang International's report indicates that the Hong Kong stock market has shown an upward trend for five consecutive months, although the overall fundamentals remain weak. The funding environment is improving, and policies are reinforcing economic stability, leading to a strong short-term bullish sentiment [1] - The report from CMB International highlights that the Hong Kong stock market continued its upward trend in September, supported by the resumption of US-China negotiations and expectations of overseas interest rate cuts. The external environment remains favorable, with market expectations for progress in bilateral relations increasing [1] Group 2 - The market is expected to enter a "quiet season" due to the impact of the National Day and Mid-Autumn Festival holidays, along with uncertainties surrounding the US government's short-term financing plan, which may amplify overseas disturbances [1] - There are still divergences in market expectations regarding the timing and extent of potential interest rate cuts by the Federal Reserve, which may lead to market fluctuations in the short term [1] - The report suggests a cautious optimism for the mid-term market outlook, with a focus on sectors that are relatively prosperous and benefit from policy support, such as automotive, new consumption, innovative pharmaceuticals, and technology [1]