手握8座金矿，张一鸣、王兴的这位老乡又敲钟！首日大涨68%，市值超3000亿！他从76人小企业做起，成“中国金王”

Core Viewpoint - Zijin Mining International has successfully completed its IPO in Hong Kong, raising approximately HKD 25 billion, making it the second-largest IPO in Hong Kong this year after CATL, with a market capitalization exceeding HKD 310 billion [1][12]. Group 1: Financial Performance - The company reported a projected gold production of 1.3 million ounces (approximately 40.4 tons) for 2024, ranking 11th globally [12]. - The revenue for 2024 is expected to reach USD 2.99 billion, with gold revenue accounting for 94.9% of total revenue [12]. - The compound annual growth rate (CAGR) for gold production from 2022 to 2024 is projected at 21.4%, positioning the company as a "growth pioneer" among the top fifteen gold mining companies globally [12][15]. Group 2: Resource and Cost Management - As of the end of 2024, the company's gold reserves are estimated at 27.5 million ounces (856 tons), ranking 9th in the global gold industry [15]. - The average acquisition cost from 2019 to 2024 is approximately USD 61.3 per ounce, significantly lower than the industry average of USD 92.9 per ounce [15]. - The average all-in sustaining cost (AISC) for 2024 is projected to be USD 1,458 per ounce, ranking 6th lowest among the top fifteen gold mining companies [15]. Group 3: Market Context and Future Outlook - The gold market has seen significant price increases, with gold prices reaching historical highs, and projections suggest prices could rise to USD 4,000 to USD 4,500 per ounce by 2026 [16]. - The company is strategically positioned to benefit from the ongoing "gold IPO boom" in Hong Kong, with several other gold-related companies also successfully listing [15][16]. - The acquisition of the Raygorodok gold mine in Kazakhstan is expected to further enhance the company's profitability and production capacity [16]. Group 4: Key Investors and Support - Zijin Mining International has attracted a strong cornerstone investor lineup, including GIC, Hillhouse, BlackRock, and others, with total subscriptions amounting to approximately HKD 12.4 billion [3].