Core Viewpoint - Zhaojin Mining (01818) has announced a cornerstone investment agreement involving its wholly-owned subsidiary, Spico International Limited, with Zijin International and several financial institutions, indicating a strategic partnership aimed at enhancing growth and long-term shareholder returns [1] Group 1: Investment Details - The cornerstone investment agreement was signed on September 17, 2025, with an expected investment amount of USD 30 million, equivalent to a certain amount in Hong Kong dollars [1] - The agreement involves the subscription of shares by the investor at the offer price as part of an international offering [1] Group 2: Company Background - Zijin International is a subsidiary of Zijin Mining (601899), focusing on gold mining, smelting, and sales, and is a significant player in the global gold mining industry [1] - The cornerstone investment is seen as beneficial for deepening the strategic cooperation between Zhaojin Mining and Zijin Mining, which is expected to support the company's growth [1]
招金矿业拟斥资3000万美元认购紫金国际基石股份