Huan Qiu Wang·2025-06-21 01:53Group 1 - The core point of the news is that Shandong Gold's subsidiary, Shanjin International Gold Co., Ltd., has received board approval to initiate the process of issuing H-shares and listing on the Hong Kong Stock Exchange [1][3] - The purpose of the H-share issuance and listing is to deepen the global strategic layout, accelerate overseas business expansion, and strengthen the company's industry position [3] - Shanjin International has shown strong financial performance, with a projected revenue of 13.585 billion yuan for 2024, representing a year-on-year increase of 67.60%, and a net profit of 2.173 billion yuan, up 52.57% [3] Group 2 - In the first quarter of 2025, Shanjin International continued its high growth trend, achieving a revenue of 4.321 billion yuan, a year-on-year increase of 55.84%, and a net profit of 694 million yuan, up 37.91% [3] - Shanjin International's main business includes precious and non-ferrous metal mining and trading, and it currently operates six mining enterprises [4] - As of June 21, the stock price of Shanjin International was 19.12 yuan per share, with a total market capitalization of approximately 53.091 billion yuan [4]