Zijin Mining responds to the acquisition of Chifeng Gold: the logic of further increase in gold prices remains unchanged.
At the performance briefing, the Vice Chairman and President of Zijin Mining, Lin Hongfu, commented on the acquisition of Chifeng Gold by the company, saying, "In the short term, the price of gold may experience drastic fluctuations, but in the medium to long term, issues such as global governance order and excessive issuance of credit currency have not been fundamentally resolved. Based on this judgment, the logic of gold maintaining high prices or further increasing has not changed, which is also an important consideration in our investment and acquisition decisions." Lin Hongfu also emphasized that Zijin will not become a purely investment platform, and the core assets will still be in the hands of Zijin, "Investors can rest assured on this matter."
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