Core Viewpoint - China Hanking (03788) experienced a significant decline of over 10%, currently trading down 4.71% at HKD 4.05, with a trading volume of HKD 21.336 million [1] Group 1: Strategic Adjustments - China Hanking announced a strategic adjustment to focus human and financial resources on the development and production of the Mt Bundy gold mine project [1] - The company will maintain stable production operations for its iron ore and high-purity iron businesses while terminating the previously planned spin-off listing of its gold business [1] Group 2: Company Rebranding and Leadership - To reflect the increased gold resources and reserves, as well as the strategic goal of becoming a mid-sized gold producer, the company plans to change its name to "Hanking Gold International Limited" [1] - Dr. Qiu Yumin will assume the role of President and CEO to lead the company's transformation [1]
中国罕王重挫逾10% 罕王黄金分拆上市计划终止 公司拟更名“罕王黄金”