ZRC(SZ:000506) 2 1 Shi Ji Jing Ji Bao Dao·2025-07-02 11:59Group 1 - The core asset of Zhongrun Resources is the Vatukoula Gold Mine, which has undergone significant changes since its integration into the Zhaojin Group, leading to a remarkable recovery in stock performance [1][3] - After experiencing a drastic decline in stock price, Zhongrun Resources saw a turnaround due to changes in control, rising gold prices, and the removal of delisting risks, with stock price reaching a new high of 10.14 CNY per share, marking a 1039% increase over the past year [1][4][6] - The company has been able to alleviate liquidity risks and restore operational capabilities with the support of its new major shareholder, Zhaojin Ruining, which has provided loans and facilitated asset transfers [5][6] Group 2 - The Vatukoula Gold Mine has faced operational challenges due to aging equipment and infrastructure, impacting production efficiency and overall performance [7] - Zhongrun Resources is currently planning significant technical upgrades to improve mining operations, with an estimated investment of 500 to 600 million CNY, which is expected to enhance production in the coming year [7] - The integration with Zhaojin Group opens up opportunities for asset optimization and potential business restructuring, as the group has a diverse portfolio in the mining sector [8][9]