Core Viewpoint - Chifeng Jilong Gold Mining Company Limited (赤峰黄金) experienced a significant decline in stock price following the release of its half-year report, indicating challenges in production and sales of gold [1] Financial Performance - The company reported a gold production of 6.75 tons in the first half of the year, a decrease of 10.56% compared to the same period in 2024 [1] - Gold sales amounted to 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 attributed the production shortfall to adverse weather conditions affecting the Laos Seiban mine and ongoing upgrades at the domestic Wulong mine [1] Future Outlook - The company aims to recover production in the second half of the year, with a target of 4 tons in the third quarter and 5 tons in the fourth quarter [1] - Long-term goals include a stable annual production increase of 500 to 800 kilograms [1]
赤峰黄金早盘跌超5% 上半年产金量同比减少超10% 公司下调全年产量指引