WANGUO GOLD GP (03939) saw its shares rise more than 7% during the session, reaching a high of HK$17.32 and setting a new record since its listing. As of the time of writing, the stock was up 6.76%, trading at HK$17.05, with a turnover of HK$258 million.

The company previously announced an expectation that its profit attributable to owners for the 2025 fiscal year would be approximately RMB 1.4 billion to RMB 1.5 billion, representing a year-on-year increase of about 143% to 161%. Analysts at Global Fusheng believe the significant projected growth in the company's net profit for 2025 is largely driven by the rising price of gold. The institution also highlighted that the expansion of the Jinling Mine project shows promising prospects. Additionally, the company has entered into a subscription agreement with Jinshan Mining to accelerate the development of the Jinling project, while daily production at the Jinling Mine continues to increase.