GT GOLD (08299) surged more than 9% again, bringing its cumulative gain for the month to over 60%. At the time of writing, the stock was up 9.21% to HKD 0.83, with a turnover of HKD 72.6157 million.

On the evening of December 12, GT GOLD announced that it had submitted an updated application to the Stock Exchange on the same day, containing all necessary documents/information related to its proposed board transfer, in accordance with the provisions of Chapter 9B of the Main Board Listing Rules.

On the same day, the company also announced the appointment of Wang Dongsheng as Chief Advisor, who will be responsible for overseeing the company's strategic planning, team building, and AI mining development, aiming to strengthen its resource integration, capacity for reserve expansion and production increase, and accelerate technological empowerment.

It has been highlighted that the "Simplified Transfer Mechanism" launched by the HKEX in 2024 has significantly optimized the review process, bringing the day when GT GOLD officially lists on the Main Board increasingly closer.

A successful board transfer would signify that the stability of GT GOLD's business model, the sustainability of its profitability, and the standardization of its corporate governance have gained the recognition of the Stock Exchange, a change that will directly enhance the company's influence and competitiveness within the industry.

Furthermore, the "international recognition" and "brand endorsement" associated with the Main Board will serve as significant advantages for GT GOLD in expanding its business and attracting high-quality clients and partners.