Core Viewpoint - The company has resumed normal production at the Songjiagou underground mine after receiving a safety production license from the Shandong Provincial Emergency Management Department, following a temporary suspension due to the license renewal process [1] Group 1 - The Songjiagou underground mine had temporarily halted major production activities due to the application for the renewal of its safety production license, effective from September 1, 2025 [1] - The safety production license was issued on November 20, 2025, allowing the company to restore normal operations at the mine [1] - The company's board believes that the short duration of the suspension will not significantly impact the group's annual gold production [1]

Core Viewpoint - The company, Jihai Resources (02489.HK), has received a safety production license from the Shandong Provincial Emergency Management Department, allowing it to resume normal production at the Songjiagou underground mine after a temporary halt due to license renewal [1] Group 1 - The Songjiagou underground mine had temporarily ceased major production activities on September 1, 2025, due to the application for the renewal of its safety production license [1] - The safety production license was issued on November 20, 2025, enabling the company to restart operations at the mine [1]

Core Viewpoint - The company has resumed normal production at the Songjiagou underground mine after receiving a safety production license from the Shandong Provincial Emergency Management Department, following a temporary halt due to the license renewal process [1] Group 1 - The Songjiagou underground mine had temporarily stopped major production activities on September 1, 2025, due to the application for the renewal of its safety production license [1] - The company believes that the short duration of the mine's suspension will not have a significant impact on the group's annual gold production [1]

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 就 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 的 任 何 損 失 承 擔 任 何 責 任。 PERSISTENCE RESOURCES GROUP LTD 集海資源集團有限公司 （股份代號：2489） （於開曼群島註冊成立的有限公司） 內幕消息 宋家溝地下礦恢復生產 – 1 – 公 司 董 事 會 認 為，鑒 於 宋 家 溝 地 下 礦 停 產 時 間 相 對 較 短，此 次 停 產 不 會 對 集 團 年 度 黃 金 產 量 產 生 重 大 影 響。 承董事會命 集海資源集團有限公司 主 席、行 政 總 裁 兼 執 行 董 事 邵緒新 香 港，2025年11月21日 於 本 公 告 日 期，董 事 會 由 執 行 董 事 邵 緒 新 博 士 及Mackie James Thomas先 生；非 執 行 董 事 陳 立 北 先 生；及 獨 立 非 執 行 董 事Malaihol ...

Group 1 - Gold stocks experienced a decline today, with Ji Hai Resources down 5.48% at HKD 1.38, Lingbao Gold down 3.34% at HKD 15.61, China Silver Group down 3.03% at HKD 0.64, and Zijin Gold International down 2.2% at HKD 137.6 [2] - The Federal Reserve's October monetary policy meeting minutes revealed significant internal disagreements regarding future interest rate cuts, dampening market expectations for a December rate cut [2] - The U.S. Bureau of Labor Statistics announced the cancellation of the October non-farm payroll report, with the November employment report now scheduled for December 16, which will include estimates for October's employment data [2] Group 2 - Market attention is focused on the upcoming September non-farm payroll report to be released by the U.S. Bureau of Labor Statistics [2] - Despite increased uncertainty regarding a potential December rate cut by the Federal Reserve, precious metals are expected to face short-term pressure, while long-term upward trends remain intact due to improving dollar liquidity and concerns over the Fed's independence [2]

Market Overview - The Hong Kong stock market opened high but experienced a decline, with the Hang Seng Index closing at 25,835.57 points, up 0.02% or 4.92 points, and a total turnover of HKD 245.136 billion [1] - The Hang Seng China Enterprises Index fell by 0.08% to 9,143.34 points, while the Hang Seng Tech Index decreased by 0.58% to 5,574.59 points [1] Sector Performance - Citic Securities predicts a rebound in the Hong Kong stock market by 2026, driven by a recovery in fundamentals and significant valuation discounts. They recommend focusing on five long-term sectors: technology, healthcare, resource products benefiting from inflation and de-dollarization, essential consumer goods, and sectors benefiting from RMB appreciation [1] - Blue-chip stocks showed mixed results, with Link REIT leading the decline, down 6.42% to HKD 38.8, while Techtronic Industries rose 5.36% to HKD 88.5 [2] Real Estate Sector - The real estate sector is highlighted as crucial for household asset allocation in China, with policies aimed at stabilizing housing prices to support economic circulation. High-quality residential properties are expected to see growth due to favorable policy changes [4] - Major real estate stocks like Sunac China and Vanke saw significant gains, with Sunac up 6.02% to HKD 1.41 [3] Technology Sector - Nvidia reported strong Q3 earnings, with revenue of USD 57 billion, a 62% year-on-year increase, and a net profit of USD 31.9 billion, up 65%. The data center business reached a record revenue of USD 51.2 billion, reflecting the ongoing AI trend [5] - Nvidia-related stocks were active, with companies like GigaDevice and Hongteng Precision seeing gains [4] Lithium Sector - Lithium stocks experienced volatility, with Tianqi Lithium and Ganfeng Lithium both closing down nearly 2%. Despite a strong demand outlook, market sentiment remains cautious due to high prices and supply concerns [6] Gold Sector - Gold stocks faced declines, with companies like Jinhai Resources and Lingbao Gold dropping over 2% [6] Notable Company Performances - Kingsoft saw a significant drop of 7.03% after reporting a 17% decline in revenue for Q3 [8] - CATL faced pressure, down 5.66%, as a large portion of its H-share IPO lock-up period ended [9] - WanGuo Data reported a 10.2% increase in net revenue for Q3, leading to a rise of 6.21% in its stock price [10] - Kingsoft Cloud's stock rose by 4.87% after reporting a 31.4% increase in total revenue for Q3 [11]

Group 1 - Gold stocks experienced a decline, with notable drops including Jihai Resources down 5.48% to HKD 1.38, Lingbao Gold down 3.34% to HKD 15.61, China Silver Group down 3.03% to HKD 0.64, and Zijin Mining International down 2.2% to HKD 137.6 [1] - The Federal Reserve's October monetary policy meeting minutes revealed significant internal disagreements regarding future interest rate cuts, cooling market expectations for a December rate cut [1] - The U.S. Bureau of Labor Statistics announced the cancellation of the October non-farm payroll report, with the November employment report now scheduled for December 16, which will include estimates for October's employment data [1] Group 2 - Market attention is focused on the upcoming September non-farm payroll report, with expectations that even if the Fed's rate cut becomes more variable in December, precious metals may face short-term pressure [1] - The end of the U.S. government shutdown is expected to improve dollar liquidity, while long-term interest rates in major global economies remain high, leading to concerns about the Fed's independence and maintaining the long-term upward logic for precious metals [1]

Core Viewpoint - The company proposes to change its English name from "Persistence Resources Group Ltd" to "Persistence Gold Group Ltd" and its Chinese name from "集海资源集团有限公司" to "集海黄金集团有限公司" [1] Group 1 - The name change reflects a strategic shift towards a focus on gold resources [1] - The board of directors has made this recommendation, indicating a potential rebranding effort [1] - The new names emphasize the company's commitment to the gold sector [1]

Core Viewpoint - The company intends to change its English name from "Persistence Resources Group Ltd" to "Persistence Gold Group Ltd" and its Chinese name from "集海资源集团有限公司" to "集海黄金集团有限公司" [1] Company Name Change - The proposed name change reflects a strategic shift towards a focus on gold resources [1]

Core Viewpoint - The company is changing its English name from "Persistence Resources Group Ltd" to "Persistence Gold Group Ltd" and its Chinese name from "集海资源集团有限公司" to "集海黄金集团有限公司" [1] Company Name Change - The English name change reflects a shift in focus towards gold-related activities [1] - The Chinese name change aligns with the new English name, emphasizing the company's commitment to the gold sector [1]