Zijin Mining(SH:601899) 鑫椤锂电·2025-05-29 06:41Core Viewpoint - Zijin Mining Group Co., Ltd. plans to spin off its subsidiary, Zijin Gold International Co., Ltd., for a public listing on the Hong Kong Stock Exchange, aiming to enhance its overseas gold mining operations and maintain a degree of independence from the parent company [2][3]. Group 1: Spin-off Details - The spin-off will involve the issuance of shares not exceeding 15% of the total share capital of Zijin Gold International post-issuance, with the offering comprising both public and international placements [2]. - Prior to the spin-off, Zijin Mining intends to restructure and consolidate several overseas gold mining assets under Zijin Gold International, which is currently in progress [2]. - The spun-off entity will focus on gold exploration, mining, production, and sales in regions such as South America, Central Asia, Africa, and Oceania, leveraging local gold resource advantages [2][3]. Group 2: Business Strategy and Future Plans - Following the spin-off, Zijin Gold International aims to deepen its overseas market presence and continue global gold resource development while maintaining operational independence from Zijin Mining and its other subsidiaries [2]. - Zijin Mining's 2024 report indicates a strategic focus on low-cost operations and optimizing the construction and production schedules of its major lithium projects, with plans to achieve a lithium carbonate equivalent production capacity of 40,000 tons by 2025 [4]. - The company also plans to produce 115,000 tons of copper, 85 tons of gold, 44,000 tons of zinc (lead), 4,000 tons of lithium carbonate equivalent, 450 tons of silver, and 10,000 tons of molybdenum by 2025 [4].