


Core Viewpoint - Zijin Mining (601899/02899) plans to spin off its subsidiary, Zijin Gold International Co., Ltd., for a listing on the main board of the Hong Kong Stock Exchange [1] Group 1: IPO Details - Zijin Gold International has published its prospectus on the Hong Kong Stock Exchange website on September 19, 2025, with a plan to globally offer 349 million shares, accounting for approximately 13.30% of the total issued shares post-offering [1] - The overall underwriters have the option to exercise an over-allotment option, requesting up to 52.35 million additional shares at the offering price, which could increase the total shares issued to 401 million, representing a significant portion of the offering [1] - The offering price is set at HKD 71.59 per share, with the public offering in Hong Kong starting on September 19, 2025, and expected to end on September 24, 2025, with new shares anticipated to commence trading on September 29, 2025 [1] Group 2: Financial Performance - For the first half of 2025, Zijin Mining reported revenue of CNY 167.71 billion and a net profit attributable to shareholders of CNY 23.29 billion [1]