Zijin Mining Group Company Limited: Stock price up 21.11% in total in latest 3 trading days, with no significant undisclosed information

NBD AI Bulletin -- Zijin Mining Group Company Limited (SH 601899, closing price: 14.63 yuan) announced on February 22 announced that the Company's share prices increased cumulatively by more than 20% in the latest three trading days on February 18, 2021, February 19, 2021 and February 22, 2021. It's been confirmed that as of the date of the announcement, the Company and its controlling shareholder don't have any major information what should be but not disclosed, including but not limited to major asset restructuring, share issuance, acquisition, debt restructuring, business restructuring, divestiture, asset injection, share repurchase, equity incentive, bankruptcy reorganization, major business cooperation, the introduction of strategic investors and other major matters.

According to the 2019 annual report, Zijin Mining Group Company Limited mainly engages in processing, smelting and trading of gold, others, copper-smelting, gold-mining and copper-concentrating, accounting for 59.39%, 28.3%, 15.36%, 8.55%, 6.88% of revenue, respectively.

The chairman of Zijin Mining Group Limited is Chen Jinghe, 63 years old, with a bachelor's degree in geology from Fuzhou University, EMBA of Xiamen University, professor-level senior engineer. The president of the Company is Zou Laichang, 52 years old, graduated from Fujian Forestry Vocational & Technical College, majoring in Chemical Processing of Forest Products, MBA of Xiamen University, senior engineer. 

(By Gao Han)

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