Zhaojin Mining Wins Shareholder Approval for Bigger Silver Sales and RMB12 Billion Bond Plan

Zhaojin Mining Industry Co ( (HK:1818) ) has shared an announcement.

Zhaojin Mining Industry Company Limited reported the results of its first extraordinary general meeting of 2026, held in Shandong with a shareholder turnout representing about 70% of its issued share capital. Attendance by eight of eleven directors and the use of an independent scrutineer underscored formal compliance with PRC company law and Hong Kong listing requirements.

Shareholders overwhelmingly approved a revised annual cap under the company’s framework agreement for sales of silver, signalling support for expanded or restructured silver sales arrangements. They also passed a special resolution authorizing the registration and issuance of up to RMB12 billion in super short-term bonds in the PRC, providing the company with additional financing flexibility that could strengthen liquidity and fund ongoing operational or strategic needs.

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 PRC-incorporated gold and precious metals producer listed in Hong Kong. The company operates mining, refining and related businesses from its base in Shandong Province, serving both domestic and international markets for gold, silver and associated mineral products.

Average Trading Volume: 19,926,847

Technical Sentiment Signal: Buy

Current Market Cap: HK$97.77B

For an in-depth examination of 1818 stock, go to TipRanks’ Overview page.