Xin Hua Wang·2025-09-17 02:01Core Viewpoint - Shandong Gold Mining Co., Ltd. emphasizes its commitment to ensuring national mineral resource security while expanding its operations globally, with a projected gold production of 46.17 tons in 2024 and 24.71 tons in the first half of 2025, maintaining its leading position in China's gold industry [1][21]. Group 1: Business Expansion and Production - Shandong Gold has expanded its operations to various provinces in China and countries like Argentina, Ghana, and Namibia [1]. - The company aims to optimize existing resources and enhance new production capabilities, with domestic mines consistently ranking first in gold output [1]. Group 2: Digital Transformation - The company is undergoing a digital transformation, establishing a unified technology platform called "Shan Jin Cloud" to enhance operational efficiency and reduce costs [8][9]. - A full lifecycle management system for equipment has been implemented, reducing equipment failure rates by 17% and saving millions in maintenance costs annually [10]. Group 3: Technological Innovation - Shandong Gold has prioritized technological innovation, leading to the establishment of 38 national and industry standards and the acquisition of 978 patents since the beginning of the 14th Five-Year Plan [11]. - The company has invested over 8.63 billion yuan in research and development in 2024 alone, focusing on key technological challenges in the gold industry [13]. Group 4: Environmental Sustainability - Shandong Gold has adopted a green mining philosophy, implementing measures such as replacing coal boilers with natural gas and promoting renewable energy sources [16][18]. - The company has established comprehensive waste management systems, ensuring that all production and domestic wastewater is recycled [18]. Group 5: Future Outlook - The company aims to continue enhancing its green mining initiatives and technological innovations to contribute to national mineral resource security and sustainable economic development [21].