Core Viewpoint - Zijin Gold International plans to conduct a global offering of 349 million shares from September 19 to September 24, 2025, with a share price of HKD 71.59, aiming to enhance its position as a leading global gold mining company [1][2]. Group 1: Company Overview - The company is formed by integrating all gold mining operations of Zijin Mining (601899) outside of China, focusing on exploration, mining, processing, smelting, refining, and sales of gold [1]. - It holds interests in eight gold mines located in resource-rich regions such as Central Asia, South America, Oceania, and Africa, controlling and operating seven of these mines [2]. - The company has established a leading position in the global gold mining industry, achieving strong growth through continuous resource development and operational efficiency [2]. Group 2: Financial Performance - As of December 31, 2024, the company ranks ninth globally in gold reserves and eleventh in gold production, with a compound annual growth rate (CAGR) of 21.4% in gold production from 2022 to 2024, outpacing other major companies [2]. - The company's net profit attributable to shareholders has a CAGR of 61.9% during the same period, indicating robust financial performance [2]. Group 3: Capital Raising and Use of Proceeds - The company has entered into cornerstone investment agreements, with cornerstone investors agreeing to subscribe for shares totaling approximately USD 1.6 billion, representing 49.9% of the global offering [3]. - The estimated net proceeds from the global offering are approximately HKD 24.47 billion, with 33.4% allocated for the acquisition of the Raygorodok gold mine in Kazakhstan and 50.1% for upgrades and construction projects at existing mines [3]. - Additionally, 6.5% of the net proceeds will be used for exploration activities across all operational mines, while 10% is earmarked for general corporate purposes [3].
紫金黄金国际9月19日至9月24日招股 预计9月29日上市
Zhi Tong Cai Jing·2025-09-18 23:05