2018 Year 1 At the end of the month, the China Gold Association released... 2017 In China this year, among the major gold mining enterprises, Shandong Gold Group’s gold production output was... 43.93 Its gold production ranks first among gold-producing enterprises nationwide, with a year-on-year increase. 18.47% For the first time, Shandong Gold Group’s gold production has surpassed that of China Gold Group and significantly outpaced Zijin Mining and Zhaojin Mining.

　　Meanwhile, the total assets of Shandong Gold Group have surpassed the 100 billion yuan mark, reaching... 1058.55 100 million yuan, up year-on-year 23.09% ; Operating revenue and total profit were achieved respectively. 771.61 100 million yuan and 18.39 billion, up year-on-year, respectively 5.43% and 68.01% 。

　　The gold industry has achieved several new milestones this year.

　　A reporter from the China Securities Journal learned through interviews that... 2017 Since the year, Shandong Gold Group has achieved numerous new milestones—from discovering the largest single gold deposit to successfully completing overseas mergers and acquisitions; from each of its two individual mines surpassing 100 tons of annual gold production to the group rising to become the nation’s leading producer in terms of annual output. Among these achievements are several that hold significant importance for the development of China’s gold mining industry.

　　2017 Year 3 In the month, Chen Yumin, Chairman of Shandong Gold Group, announced that Shandong Gold Group had discovered... “ Xiling Gold Mine in the Sanshan Island Mining Area ” , Registered gold metal quantity 382.58 Tonnes; it is expected that after the exploration is completed, gold resource estimates can be submitted. 550 Over tons, potential economic value 1500 100 million yuan, making it the largest single gold mine ever discovered in China. This exploration achievement has also been selected simultaneously. 2017 Top 10 News Stories of China’s Mining and Gold Industries for the Year.

　　6 At the end of the month, the Veladero gold mine—the largest mine in Argentina and the second-largest mine in South America—owned by Barrick Gold Corporation, the world’s largest gold company, will be operational. 50% Equity, funded by Shandong Gold, a listed company controlled by the Group. 9.6 Acquired through a billion-dollar merger and acquisition.

　　11 This month, the Jiaojia Gold Mine and Linglong Gold Mine—subsidiaries of Shandong Gold—each surpassed a cumulative gold production of 100 tons. “ Two hundred tons ” The mine sets a new record for China's gold mining industry.

　　2018 Year 1 This month, Shandong Gold Group once again surpassed China Gold Group, becoming the largest gold-producing enterprise group in China and achieving a new historic breakthrough.

　　Shandong Gold Group is in “ 13th Five-Year Plan ” The plan clearly proposes that by... 2020 Yearly gold production is to exceed 55 Tons, with operating revenues exceeding 100 billion yuan. According to a reporter from China Securities Journal, as the group taps into the potential of acquired mining rights and deepens exploration at existing mines, it is expected to reach its target ahead of schedule. “ 13th Five-Year Plan ” Plan to soon become a leading domestic gold producer and advance toward the goal of ranking among the top ten global gold mining companies in terms of overall strength.

　　Overseas acquisitions by listed companies exceed expectations.

　　According to the introduction, currently, with the exception of the listed company Shandong Gold ( 600547 In addition to the existing gold reserves, Shandong Gold Group also has more than... 1000 Tons of gold reserve resources. A relevant official from the group stated that, once the existing resources have matured, the group will prioritize injecting them into the listed company. Meanwhile, the listed company itself is also actively pursuing overseas acquisitions to expand its resource reserves.

　　As the only publicly listed company in China whose sole business is gold, Shandong Gold... 2017 The year saw the completion of the Veladero gold mine, Argentina’s largest gold mine and South America’s second-largest gold mine. 50% The acquisition of equity will enable the company to increase its annual gold production. 10 Over ten tons—exceeding the annual output of China’s leading gold mine.

　　Recently, a representative from Shandong Gold Group told a reporter from the China Securities Journal that since... 2017 Year 6 Delivery by the end of the month. 2017 By year-end, the Belladore gold mine is expected to boost Shandong Gold’s attributable gold production by half a year’s worth. 6.5 Around a ton, achieving acquisition in the same year, yielding results in the same year, and consolidating the financials in the same year.

　　It is reported that this acquisition, from the initiation of core terms negotiations to its completion, took... 9.6 The $X billion merger and acquisition deal has been closed, taking a duration of... 7 For more than a month, the collaboration on the entire project has been remarkably tight and efficient. Following the completion of the merger and acquisition, the Belladron gold mine is now jointly managed and operated by Shandong Gold and Barrick. During their cooperation, the two parties have achieved a high degree of synergy. Shandong Gold has also integrated the concept of eco-mining into its management processes, in the industrial sector... “ Three wastes ” Control, glacier protection, ecological monitoring, Qing A series of measures have been taken in key areas such as chemical management and water balance, further strengthening environmental protection investments and earning widespread recognition from the Argentine government, local mining communities, and environmental activists. John, Chairman of Barrick Gold Corporation. · Thornton said, “ Shandong Gold is our best partner in China, and Barrick will give priority to Shandong Gold in all future collaborative projects. ”

　　 “ Double gold ” Integration empowers enterprises to accelerate their growth.

　　For gold mining enterprises, rapidly and steadily stepping onto the international mining stage and achieving cross-border mergers and acquisitions of overseas mineral resources requires a robust and well-funded capital chain—a prerequisite for the smooth execution of M&A projects. Shandong Gold Group has established five major business segments, including gold and finance, and approaches and promotes the development of its financial business from the perspective of the group’s strategic growth.

　　The financial holding company affiliated with Shandong Gold Group continuously innovates its investment business models and enhances its industrial synergy capabilities. 2017 The selling price of domestically produced gold this year is higher than the average price on the Shanghai Gold Exchange. 2.85 Yuan / Ke, asset management performance is at a leading level within the industry; private placement notes were issued in Hong Kong. 3 hundreds of millions of U.S. dollars, effectively consolidating an international financial operations platform; the latest classification rating for futures companies is from 2016 of the year BB Level rises to 2017 of the year BBB The company has successfully joined the membership of the Shanghai International Energy Trading Center; the financial company is an internal entity of Shandong Gold. 27 an enterprise provided “ Tailor-made ” financial services in the form of... 2017 Year-to-date disbursement of self-operated loans 53.62 hundreds of millions of yuan; the venture capital firm has adopted a diversified investment strategy across multiple industries, achieving stable investment returns.

　　Shandong Gold Group has also significantly reduced its corporate leverage ratio by collaborating with financial institutions to carry out market-oriented debt-to-equity swaps, effectively strengthening the company’s capital strength, promoting diversification of its equity structure, and simultaneously improving its corporate governance mechanisms.

　　According to the introduction, the group has innovatively proposed using the development of a world-class demonstration mine as a breakthrough for cultivating a globally competitive, first-class enterprise. Specifically, taking the Sanshandao Gold Mine—a key backbone mine—as a pilot project, the group will adhere to a global perspective, an open mindset, and international standards, comprehensively achieving digitalization, networking, intelligentization, and informatization of the mine. This will significantly enhance labor productivity, the comprehensive utilization rate of resources, and the level of ecological mining development, thereby establishing concrete, replicable, and scalable international-standard criteria and comprehensive best practices for mines. As a result, the group’s overall mine construction and international operational capabilities will be comprehensively upgraded.