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Zijin Mining Group Co ( (HK:2899) ) has provided an announcement.
Zijin Mining Group Co., Ltd. has announced the completion of a non-trade transfer of 64.316 million A Shares to its Employee Stock Ownership Scheme for 2025, representing 0.24% of the company’s total share capital. This move is part of a broader strategy to align employee interests with company performance, with a 60-month duration and a 24-month lock-up period for the shares. The initiative is expected to enhance employee engagement and potentially improve overall company performance, while the company commits to ongoing monitoring and timely information disclosure.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$31.00 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, primarily focusing on the extraction and production of gold, copper, and other mineral resources. The company is known for its extensive operations in China and its strategic market positioning aimed at expanding its influence in the global mining sector.
Average Trading Volume: 53,356,143
Technical Sentiment Signal: Buy
Current Market Cap: HK$738.1B
For a thorough assessment of 2899 stock, go to TipRanks’ Stock Analysis page.