ZHAOJIN MINING (01818) achieves new breakthroughs in deep sea mining with core technology, and the internal driving force of the gold giant continues to strengthen.

In recent years, driven by the continuous rise in gold prices, the market's attention to the gold sector has significantly increased. However, for mining enterprises involved in it, facing the high gold prices and unexpected market demand, the inflexibility on the supply side determines that industry dividends are not easily obtained. In order for mining enterprises to fully realize the benefits of rising gold prices, they not only need to have high-grade, low-cost quality resources, but also need to have the ability to achieve resource increment and efficient conversion through continuous exploration, in order to transform cyclical market fluctuations into sustainable endogenous growth and enhance long-term competitive advantages. The importance of "resources as king" has been further highlighted, and Zhaojin Mining (01818), a leading company in the gold mining industry, has accelerated its strategic pace in deep ore exploration. The latest news is that its subsidiary Ruihai Mining recently successfully located hidden ore bodies at depths of up to 3000 meters underwater, marking another breakthrough in exploration for Ruihai Mining. As the first offshore gold mine in China, Ruihai Mining has faced a series of industry-specific challenges since its establishment and production. For example, in deep-sea exploration, there are difficulties such as weak ore control information, concealed mineralization laws, and complex coupling of multi-scale elements. Despite the challenges, Zhaojin Mining is still adhering to the core strategy of "integrated development and exploration," continuously breaking through practical bottlenecks with innovation and technical means. A significant move in this regard is the initiation of joint scientific research with Professor Mao Xiancheng and Liu Zhankun's team from Central South University to develop an innovative three-dimensional intelligent prediction technology system based on a spatiotemporal attention mechanism deep neural network. According to Zhaojin Mining, this innovative technology system can accurately capture and express the control ore elements of different scales, types, and spatial positions in high-precision locations under weak information exploration conditions, achieving accurate prediction of hidden ore bodies. With the support of cutting-edge new technology, Zhaojin Mining has successfully delineated favorable ore reserves and three-dimensional exploration targets in depths of up to 3000 meters in the underwater area of Ruihai Mining, using mechanical core drilling and three-level casing to expose the target area, achieving a series of exploration breakthroughs: discovering the hidden L12 ore body at -520 meters (thickness 25.04 meters, average grade 6.59g/t), and the hidden I-4-3 ore body at -1480 meters (thickness 11.60 meters, average grade 4.10g/t, highest grade 20.10g/t). In the context of the challenging situation where new gold supply struggles to match the growth in demand, deep-sea mining provides a feasible and highly potential complementary approach. It is undeniable that, compared to land-based exploration and mining, operations in the complex conditions of the ocean will undoubtedly face greater challenges. As a global leader in the gold mining industry, Zhaojin Mining has taken the initiative to transform the traditional "experience-driven" geological exploration model into an "data + algorithm"-driven intelligent prediction model. In terms of effectiveness, Zhaojin Mining's new technology not only solves the global challenges of large-scale deep-sea exploration, but also achieves a leap from "visible" to "clear" deep-sea detection technology, with multiple technological indicators reaching international leading levels. Therefore, Zhaojin Mining's new breakthrough in exploration achieved through collaborative innovation in production, academia, and research can be seen as a valuable reference for global deep-sea mineral exploration, vividly demonstrating the significant driving role of technological innovation in mineral exploration. From an investment perspective, Zhaojin Mining is currently in a golden development period of accelerated release of high-quality production capacity. The newly discovered hidden ore bodies are expected to provide scientific basis for production and construction optimization at Ruihai Mining, and subsequent exploration deployment, effectively ensuring the stable and continuous supply of mineral resources at the mining site, injecting strong momentum for Zhaojin Mining's high-quality development. As we stand on the verge of 2025, we can expect that with the continuous realization of endogenous growth, Zhaojin Mining will continue to accelerate its growth in the new year.