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Wanguo Gold Group Chairman Increases Shareholding, Signaling Confidence in Company’s Growth

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Wanguo Gold Group Chairman Increases Shareholding, Signaling Confidence in Company’s Growth

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Wanguo International Mining Group Ltd. ( (HK:3939) ) has issued an announcement.

Wanguo Gold Group Limited announced that its founder and chairman, Mr. Gao Mingqing, has increased his shareholding in the company by purchasing 1,010,000 ordinary shares through his wholly-owned entity, Victor Soar Investments Limited. This acquisition, which now brings Mr. Gao’s total interest to approximately 25.57% of the company’s issued share capital, reflects his strong confidence in the company’s growth prospects and long-term potential. The company assures that it maintains a sufficient public float of shares, advising shareholders and potential investors to exercise caution when dealing with its securities.

The most recent analyst rating on (HK:3939) stock is a Hold with a HK$30.00 price target. To see the full list of analyst forecasts on Wanguo International Mining Group Ltd. stock, see the HK:3939 Stock Forecast page.

More about Wanguo International Mining Group Ltd.

Wanguo Gold Group Limited is a company incorporated in the Cayman Islands, primarily engaged in the mining industry with a focus on gold production and related activities.

Average Trading Volume: 8,097,769

Technical Sentiment Signal: Buy

Current Market Cap: HK$32.26B

See more data about 3939 stock on TipRanks’ Stock Analysis page.

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