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An update from Zhaojin Mining Industry Co ( (HK:1818) ) is now available.
Zhaojin Mining Industry Co., Ltd. has announced the renewal of its Gold Concentrates Sales and Purchase Framework Agreements with Shandong Zhaojin, effective from October 10, 2025, to December 31, 2027. These agreements, which involve the sale and purchase of gold concentrates, are classified as continuing connected transactions under the Hong Kong Listing Rules, requiring reporting and annual review but exempt from circular and independent shareholders’ approval. This renewal signifies the continuation of strategic business operations with its controlling shareholder, potentially impacting the company’s market positioning and operational continuity.
The most recent analyst rating on (HK:1818) stock is a Buy with a HK$37.10 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 Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, primarily engaged in the mining industry. The company focuses on the production and sale of gold concentrates, operating within the broader precious metals market.
Average Trading Volume: 14,787,937
Technical Sentiment Signal: Buy
Current Market Cap: HK$121.6B
For a thorough assessment of 1818 stock, go to TipRanks’ Stock Analysis page.