Zijin Mining Announces Key Meetings for 2025 and Subsidiary Spin-Off

Zijin Mining Group Co ( (HK:2899) ) has issued an update.

Zijin Mining Group Co., Ltd. has announced the closure period for the register of H Share members in preparation for its first extraordinary general meeting and the second H Shareholders’ Class Meeting in 2025. These meetings, scheduled for June 26, 2025, will address the proposed spin-off and listing of its subsidiary, Zijin Gold International Company Limited, on the Hong Kong Stock Exchange, as well as the adoption of an Employee Stock Ownership Scheme. The closure period for the register of H Share members is set from June 20 to June 26, 2025, during which no share transfers will be processed. This move is part of Zijin’s strategy to enhance its operational structure and shareholder engagement, potentially impacting its market position and stakeholder interests.

The most recent analyst rating on (HK:2899) stock is a Buy with a HK$19.40 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.

More about Zijin Mining Group Co

Zijin Mining Group Co., Ltd. is a prominent player in the mining industry, focusing primarily on the extraction and production of gold and other minerals. The company is known for its significant market presence and operations that extend internationally, with a strategic focus on expanding its reach in the global mining sector.

Average Trading Volume: 67,493,716

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$503B

See more data about 2899 stock on TipRanks’ Stock Analysis page.