The golden bull market boosts the surge of concept stocks, Lingbao Gold's year-on-year increase exceeds 5 times.

On September 12, the spot price of gold rose to $3674.27 per ounce, setting a new historical record once again. Since the beginning of this year, with the continuous increase in international gold prices, market sentiment is bullish, and gold concept stocks in the Hong Kong stock market have experienced a strong upward trend, with many stocks seeing significant gains, especially in the gold mining sector. Lingbao Gold led the way with a staggering 529.56% annual increase, reaching a new all-time high in stock price. As a company focused on gold mining resources development, the company's mining resources are located in Henan, Xinjiang, Jiangxi, Inner Mongolia, Gansu, and Kyrgyzstan, with a total mining area of 216.04 square kilometers and 37 mining rights and exploration rights. By the end of 2024, the company's total gold reserve resources were estimated to be approximately 131.81 tons, with a gold production of 5.2 tons.