SJI(SZ:000975) Zhi Tong Cai Jing·2026-01-09 12:42Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued supplementary material requirements for 10 companies, including Shanjin International, which is preparing for an overseas listing on the Hong Kong Stock Exchange. The company is required to provide detailed information regarding its shareholders, project approvals, and safety production incidents [1][2]. Group 1: Company Information - Shanjin International (000975) is one of China's leading gold producers, engaged in the exploration, mining, and trading of gold, silver, lead, and zinc [2][3]. - The company ranks sixth among Chinese gold producers in terms of gold output and fourth in terms of gold reserves [3]. - As of June 30, 2025, Shanjin International's gold resources reached 284.6 tons, nearly doubling from 146.7 tons as of December 31, 2023 [3]. Group 2: Financial Performance - For the fiscal year ending December 31, 2024, Shanjin International's all-in sustaining cost for gold was $683.5 per ounce, placing it in the top 10% of the global gold mining cost curve, compared to the global average of $1,438.1 per ounce [3]. Group 3: Regulatory Requirements - The CSRC has requested Shanjin International to clarify the basic information of its shareholders and the relationships among them, as well as to confirm whether there will be any changes in control post-listing [1][2]. - The company must also provide updates on the approval status of its fundraising projects both domestically and internationally [2]. - Additionally, Shanjin International is required to assess whether it falls under "high energy consumption" or "high emission" industries and to provide relevant evidence for its existing and planned projects [2].