Core Viewpoint - Zijin Mining International Co., Ltd. (02259.HK) was listed on the Hong Kong Stock Exchange, closing at HKD 120.60, a rise of 68.46% from its initial offering price of HKD 71.590 [1][3]. Group 1: Share Offering Details - The total number of shares offered was 348,990,700, with 34,899,100 shares available for public offering in Hong Kong and 314,091,600 shares for international offering [1][2]. - The final offering price was HKD 71.590, resulting in total proceeds of HKD 24,984.2 million, with net proceeds amounting to HKD 24,469.9 million after deducting estimated listing expenses of HKD 514.3 million [3][4]. Group 2: Use of Proceeds - Approximately 33.4% of the net proceeds is expected to be used for settling the acquisition cost of the Raygorodok gold mine in Kazakhstan [4]. - About 50.1% of the net proceeds is planned for upgrading and construction projects at existing mines over the next five years to enhance production capacity [4]. - Approximately 6.5% is allocated for exploration activities over the next five years to fully realize the company's growth potential, while around 10% is designated for general corporate purposes [4]. Group 3: Company Overview and Financial Performance - Zijin Mining International is a leading global gold mining company formed by integrating all gold mines of Zijin Mining outside of China, focusing on exploration, mining, processing, refining, and sales of gold [5]. - The company's revenues for 2022, 2023, and 2024 are projected to be USD 1,818.0 million, USD 2,262.4 million, and USD 2,989.9 million, respectively, with net profits of USD 290.3 million, USD 322.2 million, and USD 620.6 million for the same years [5][6]. - The company reported cash flows from operating activities of USD 714.7 million, USD 924.9 million, and USD 876.5 million for the years 2022, 2023, and 2024, respectively [7].
紫金黄金国际港股上市首日涨68% 募资净额245亿港元