Zhaojin Mining Delays Dispatch of Circular on Revised Silver Sales Cap

An update from Zhaojin Mining Industry Co ( (HK:1818) ) is now available.

Zhaojin Mining Industry Company Limited has postponed the dispatch of a shareholder circular relating to a proposed revision of the annual cap under its Framework Agreement for Sales of Silver, as amended by a supplemental agreement. The circular, which will include details of the revised cap, independent board committee and financial adviser opinions, and the notice of an extraordinary general meeting, is now expected to be sent on or before 4 March 2026 instead of 27 February 2026, reflecting the need for additional time to finalize the information for investors.

The delay, while relatively short, slightly extends the timetable for shareholders to review the revised commercial terms governing the company’s silver sales and the associated independent assessments before voting at the extraordinary general meeting. This suggests the company is prioritizing completeness and regulatory compliance in its disclosure process, which may help support informed decision-making and maintain governance standards for stakeholders.

The most recent analyst rating on (HK:1818) stock is a Hold with a HK$36.00 price target. To see the full list of analyst forecasts on Zhaojin Mining Industry Co stock, see the HK:1818 Stock Forecast page.

More about Zhaojin Mining Industry Co

Zhaojin Mining Industry Company Limited is a gold and non-ferrous metals producer incorporated in the People’s Republic of China and listed in Hong Kong. The company is engaged in the exploration, mining, processing, and sales of precious metals, with a focus on serving both domestic and international markets through its diversified mineral resources operations.

Average Trading Volume: 18,817,428

Technical Sentiment Signal: Buy

Current Market Cap: HK$121B

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