Zijin Mining Group Co., Ltd. (2899) and Jinkai Investment Holdings Limited have completed the issuance of US$1,500,000,000 zero coupon guaranteed convertible bonds due 2031. According to the announcement, all conditions precedent under the subscription agreement were fulfilled, and the bonds were issued on 5 February 2026.

The net proceeds are approximately US$1,527 million. Zijin Mining intends to allocate around US$1,200 million for capital expenditures tied to the construction of the La Arena Project in Peru, with the remainder designated for working capital and other general corporate purposes. The listing and permission to deal in the bonds on the Vienna MTF of the Vienna Stock Exchange also took effect on 5 February 2026. The company will subsequently complete the corresponding filing procedures with the China Securities Regulatory Commission in accordance with applicable rules.