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Shandong Gold Shareholders Approve Competition Undertakings and Group Guarantees at EGM

Story Highlights
  • Shandong Gold shareholders backed measures to further implement undertakings to avoid horizontal competition within the group.
  • Investors approved Shanjin International’s estimated guarantee to its subsidiaries, reinforcing intra-group financial support and governance clarity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shandong Gold Shareholders Approve Competition Undertakings and Group Guarantees at EGM

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An update from Shandong Gold Mining Co., Ltd. Class H ( (HK:1787) ) is now available.

Shandong Gold Mining Co., Ltd. reported that shareholders approved all ordinary resolutions at its fifth extraordinary general meeting of 2025, including measures for Shandong Gold Group and Shandong Gold Non-Ferrous Metal Mine Group to further implement undertakings aimed at avoiding horizontal competition within the group. Investors also backed an estimated guarantee amount to be provided by the company’s controlling subsidiary, Shanjin International, to its own subsidiaries, a step that formalises intra-group financial support, clarifies governance arrangements, and may help reduce related-party competition risks while facilitating funding flexibility for the group’s overseas and downstream operations.

The most recent analyst rating on (HK:1787) stock is a Buy with a HK$47.00 price target. To see the full list of analyst forecasts on Shandong Gold Mining Co., Ltd. Class H stock, see the HK:1787 Stock Forecast page.

More about Shandong Gold Mining Co., Ltd. Class H

Shandong Gold Mining Co., Ltd. is a mainland China-based gold producer engaged in the exploration, mining, and processing of gold and related non-ferrous metals, with its shares listed in both Shanghai and Hong Kong and a substantial base of A-share and H-share investors.

Average Trading Volume: 14,904,266

Technical Sentiment Signal: Buy

Current Market Cap: HK$188.1B

For a thorough assessment of 1787 stock, go to TipRanks’ Stock Analysis page.

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