CHIFENG GOLD(SH:600988) 智通财经网·2025-09-10 01:39Core Viewpoint - Chifeng Jilong Gold Mining Co., Ltd. (06693) experienced a significant decline in stock price, dropping over 5% in early trading and currently down 3.05% to HKD 32.4, with a trading volume of HKD 86.22 million [1] Financial Performance - In the first half of the year, the company's gold production was 6.75 tons, a decrease of 10.56% compared to the same period in 2024 [1] - Gold sales for the same period were 6.76 tons, reflecting a year-on-year decline of 10.91% [1] - In the second quarter, gold production was 3.42 tons, showing a quarter-on-quarter increase of 2.28% [1] Production Guidance - The company revised its full-year production guidance from 16.7 tons down to 16 tons [1] - The CFO explained that production was impacted by seasonal rains at the Laos Seiban mine and ongoing upgrades at the domestic Wulong mine, leading to lower than expected output in the first half [1] - The company aims to recover production in the second half, targeting 4 tons in Q3 and 5 tons in Q4, with a long-term goal of stable annual production growth of 500 to 800 kilograms [1]