Zhaojin Mining Industry Company Limited announced that it has entered into a supplemental agreement with Shandong Zhaojin Gold and Silver Refinery Company Limited (Zhaojin Refinery) to amend the annual cap for the year ending 31 December 2026 under the existing Framework Agreement for Sales of Silver. The company stated that the agreement was made to leverage the long-term stable cooperative relationship between the parties, ensuring silver sales at prices no less favourable than those available in the market and providing stable transaction support. Zhaojin Refinery, a subsidiary of Shandong Zhaojin, is principally engaged in the smelting, acquisition, processing, and sale of gold, silver, and precious metal compounds. The transaction is considered to be on normal commercial terms and in the interests of the company and its shareholders as a whole.

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