Movement Alert|ZHAOJIN MINING Rises 3.15% in Regular Trading, Gold Sector Broadly Higher Ahead of Q3 Results

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On October 9, ZHAOJIN MINING rose 3.15% in regular trading, reaching HK$17.66 with turnover of HK$55.76 million. The advance came amid broad strength in gold mining stocks, with sector peers LINGBAO GOLD, SD GOLD, and ZIJIN GOLD INTL all posting gains.

The company is scheduled to hold a board meeting on October 15 to approve its unaudited third-quarter report for the nine months ended September 30, drawing market attention ahead of the release. In the first half, revenue grew 29.38% year over year to 9.02 billion yuan, while adjusted net profit rose 9.61% to 1.58 billion yuan, supported by a gross margin improvement to 48.18%. Operating cash flow strengthened to 4.93 billion yuan from 2.28 billion yuan a year earlier. Recent financing activities include a 1.2 billion yuan technology-innovation renewable corporate bond issuance at a coupon of 1.73% and a 1 billion yuan 240-day super short-term commercial paper issuance at 1.39%.

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