Core Viewpoint - The announcement from the WanGuo Gold Group regarding the significant increase in gold resources at the Jinling Gold Mine and the completion of the feasibility study for the mine's expansion has positively impacted the company's stock price, reflecting strong market confidence in its growth potential [1] Group 1: Company Developments - WanGuo Gold Group's stock rose over 5%, currently trading at 31.7 HKD with a transaction volume of 107 million HKD [1] - The strategic shareholder, Zijin Mining, has completed the feasibility study for the Jinling Gold Mine expansion project, confirming a plan to increase capacity to 10 million tons per year, which enhances the certainty of project advancement [1] - The verified gold resource at the Jinling Mine has increased from 734 million ounces (equivalent to 228 tons) to 367 tons, representing a 61% increase [1] Group 2: Market Outlook - According to previous research by First Shanghai, the changing global macroeconomic environment and central bank purchases are driving gold prices into an upward trend, indicating significant potential for increased production at the Jinling Mine [1] - As production capacity ramps up, both volume and price increases are expected to lead to explosive profit growth, with the company's overall profit projected to reach 1.2 billion HKD this year [1] - Once the Jinling Mine reaches full production, the company's total profit is anticipated to reach 4.5 billion HKD, positioning it as a rare high-quality gold mining enterprise in the Hong Kong stock market [1]
港股异动 | 万国黄金集团(03939)涨超5% 黄金量价齐升有望推动利润爆发式增长