Chifeng Jilong Gold Mining (600988.SH) H shares were listed and began trading on the main board of the Hong Kong Stock Exchange on March 10th.
09/03/2025
GMT Eight
Chifeng Jilong Gold Mining (600988.SH) announcement: The total number of H shares to be globally sold by the company this time is 205,652,000 shares (before the exercise of over-allotment option), of which 20,565,200 shares are to be publicly sold in Hong Kong, accounting for approximately 10.0% of the total global offering (before the exercise of over-allotment option); and 185,086,800 shares are for international offering, accounting for approximately 90.0% of the total global offering (before the exercise of over-allotment option). Based on the selling price of HK$13.72 per H share, and after deduction of related underwriting commissions and other estimated expenses of the global offering, and assuming the over-allotment option is not exercised, the estimated net proceeds from the global offering that the company will receive is approximately HK$2.676 billion.
With approval from the Hong Kong Stock Exchange, the 205,652,000 H shares (before the exercise of over-allotment option) issued by the company this time will be listed and traded on the main board of the Hong Kong Stock Exchange on March 10, 2025. The Chinese abbreviation for the company's H shares is "" and the English abbreviation is "CHIFENG GOLD", with the stock code "6693".