Sou Hu Cai Jing·2025-07-28 22:22Group 1 - Shandong Gold Mining Co., Ltd. announced that its subsidiary, Shanjin International Gold Co., Ltd., plans to issue H-shares and apply for listing on the Hong Kong Stock Exchange, marking a significant step in its globalization strategy [1] - The purpose of this move is to deepen global layout, accelerate overseas business expansion, and strengthen its leading position in the gold industry [1] - Shanjin International aims to leverage international capital markets to optimize its capital structure, attract more international investors, diversify its shareholder base, and enhance corporate governance and core competitiveness [1] Group 2 - In 2023, Shanjin International ranked sixth among gold listed companies in China in terms of gold production, with a notable gross profit margin compared to other gold mining enterprises [1] - The company’s total profit and net profit ranked fourth among gold mining listed companies in China, indicating strong operational strength and profitability [1] - For the first half of the current year, Shanjin International expects a net profit attributable to shareholders of between 1.54 billion to 1.64 billion yuan, representing a year-on-year increase of 43.24% to 52.55% [3] - This significant growth is attributed to strict safety production controls, effective cost management, and improved operational efficiency, along with a year-on-year increase in gold prices contributing positively to performance [3]