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The latest update is out from Chifeng Jilong Gold Mining Co., Ltd. Class H ( (HK:6693) ).
Chifeng Jilong Gold Mining Co., Ltd. has announced the unified adoption and disclosure of its financial statements prepared in accordance with the China Accounting Standards for Business Enterprises (CASBE). This move aims to improve work efficiency, reduce compliance costs, and align financial information disclosure between the Shanghai and Hong Kong stock exchanges. The company believes that adopting CASBE will not materially affect its financial position or operations compared to the International Financial Reporting Standards (IFRS). A reconciliation table will be provided to illustrate differences between CASBE and IFRS for stakeholders.
More about Chifeng Jilong Gold Mining Co., Ltd. Class H
Chifeng Jilong Gold Mining Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily engaged in gold mining. The company is listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange, focusing on the extraction and production of gold and related products.
YTD Price Performance: 10.35%
Average Trading Volume: 14,574,742
Current Market Cap: HK$37.44B
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