Shandong Gold Mining (01787): Shanjin International Gold plans to increase its investment in Hainan Shengwei by 1.4 billion yuan using its own funds.

22:22 08/12/2025

Shandong Gold (01787) announces that, in order to implement its strategic development plan and seize the policy opportunities of the Hainan Free Trade Port, it will increase its investment in its wholly-owned subsidiary Shandong Gold International's fully-owned subsidiary Hainan Shengwei by RMB 1.4 billion using its own funds. The entire amount will be recorded in capital reserves without increasing its registered capital. After this capital increase, Shandong Gold International will still directly hold 100% equity in Hainan Shengwei, in order to enhance its operating capabilities and promote the project construction of Hainan Shengwei's overseas subsidiary Osino Gold Mining and Exploration (Pty) Ltd.

Shandong Gold Mining (01787) released an announcement to implement strategic development plans, seize opportunities from the Hainan Free Trade Port policy, strengthen the operating capabilities of its holding subsidiary Shanjin International Gold's wholly-owned subsidiary, Hainan Shengwei, and promote the construction project of Hainan Shengwei's overseas subsidiary, Osino Gold Mining and Exploration (Pty) Ltd. Shanjin International Gold plans to increase its investment in Hainan Shengwei by 1.4 billion RMB using its own funds, all of which will be included in the capital reserves without increasing its registered capital. After this capital increase, Shanjin International Gold will still directly hold 100% equity of Hainan Shengwei.

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