Core Viewpoint - The recent announcement by 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 and growth outlook [1] Company Summary - 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 finalized a feasibility study for the Jinling Gold Mine's expansion project, confirming a plan to increase capacity to 10 million tons per year, enhancing project certainty [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] Industry Summary - According to First Shanghai's research report, the changing global macroeconomic environment and central bank purchases are driving gold prices into an upward trend [1] - The potential for increased production at the Jinling Mine is significant, with expectations of explosive profit growth as production capacity ramps up [1] - The overall profit for the company is projected to reach 1.2 billion HKD this year, with potential profits of 4.5 billion HKD once the Jinling Mine reaches full production, positioning the company as a rare quality gold mining enterprise in the Hong Kong stock market [1]
万国黄金集团涨超5% 黄金量价齐升有望推动利润爆发式增长