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geometrybase 8a0dfd88f0 Make PDF text extraction a standard archive step 
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Changes:
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Next useful context:
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2026-06-15 13:27:41 +00:00

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--- page 1 ---
Hong Kong Exchanges and Clearing Limite d, The Stock Exchange of Hong Kong Limited
(the “ Stock Exchange ”) and Hong Kong Securities Clearing Company Limited
(“HKSCC ”) take no responsibility for the contents of this announcement, make no
representation as to its accuracy or complet eness and expressly disclaim any liability
whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of
the contents of this announcement.
Unless otherwise defined herein, capitaliz ed terms used in this announcement shall have the
same meanings as those defined in the pro spectus dated Friday, September 19, 2025 (the
“Prospectus ”) issued by Zijin Gold Internat ional Company Limited (the “ Company ”).
This announcement is for information purposes only and does not constitute an offer or an
invitation to induce an offer by any person t o acquire, purchase or subscribe for any
securities of the Company. This announcement i s not a prospectus. Potential investors
should read the Prospectus for detailed i nformation about the Company, the Hong Kong
Public Offering and the International Offering described below before deciding whether or
not to invest in the Offer Shares.
This announcement does not constitute an offer t o sell or the solicitation of an offer to buy
nor shall there be any sale of Offer Shares in any jurisdiction in which such offer,
solicitation or sales would be unlawful. This announcement is not for release, publication,
distribution, directly or indirectly, in or int o the United States for sale or solicitation to
purchase or subscribe for securities in the Uni ted States or any other jurisdictions. The
Offer Shares have not been, and will not be, regis tered under the United States Securities
Act of 1933, as amended, supplemented or modified from time to time (the “ U.S. Securities
Act”) or any state securities law of the United States and may not be offered, sold, pledged,
transferred or delivered within the United St ates, except pursuant to an exemption from, or
in a transaction not subject to, the registratio n requirements of the U.S. Securities Act and
state securities laws of the United States. Th e Offer Shares are being offered and sold (1)
to Qualified Institutional Buyers pursuant t o Rule 144A or another available exemption
from registration under the U.S. Securiti es Act and (2) outside of the United States as
offshore transactions in accordance with Re gulation S under the U.S. Securities Act and the
applicable laws of each jurisdiction where thos e offers and sales occur. There will not be and
is not currently intended to be any public offeri ng of securities of the Company in the United
States.
–1–
--- page 2 ---
In connection with the Global Offering, Morgan Stanley Asia Limited, as the stabilizing
manager (the “ Stabilizing Manager ”), its affiliates or any person acting for it and on
behalf of the Underwriters, may over-allocat e Shares or effect transactions with a view to
stabilizing or maintaining the market price of the Shares at a level higher than that which
might otherwise prevail for a limited period a fter the Listing Date. However, there is no
obligation on the Stabilizing Manager (or its a ffiliates or any person acting for it) to
conduct any such stabilizing ac tion, which, if commenced, will be done at the sole and
absolute discretion of the Stabilizing Manage r, its affiliates or any person acting for it and
may be discontinued at any time. Any such stabi lization activity is required to be brought to
an end within 30 days from the last date for lodging of applications under the Hong Kong
Public Offering. Such stabilization action, if co mmenced, may be effected in all jurisdictions
where it is permissible to do so, in each case in compliance with all applicable laws, rules and
regulatory requirements, incl uding the Securities and Futures (Price Stabilizing) Rules
(Chapter 571W of the Laws of Hong Kong), as amended, made under the Securities and
Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
Potential investors should be aware that stab ilizing action cannot be taken to support the
price of the Shares for longer than the stabilisa tion period which begins on the Listing Date,
and is expected to expire on Saturday, Octobe r 25, 2025, the 30th day after the last day for
the lodging of applications under the Hong Kong Pu blic Offering. After this date, no further
stabilizing action may be taken, demand for t he Shares, and therefore the price of the
Shares, could fall.
The Hong Kong Offer Shares will be offered to the public in Hong Kong subject to the terms
and conditions set out in the Prospectus. The Hong Kong Offer Shares will not be offered to
any person who is outside Hong Kong and/or not re sident in Hong Kong. Potential investors
of the Offer Shares should note that the Overall Coordinators (for themselves and on behalf
of the other Hong Kong Underwriters) shal l be entitled to terminate the Hong Kong
Underwriting Agreement with immediate eff ect upon the occurrence of any of the events set
out in “Underwriting — Underwriting Arrangements and Expenses — Hong Kong Public
Offering — Hong Kong Underwriting Agre ement — Grounds for Termination” in the
Prospectus at any time at or prior to 8 : 00 a.m. on the Listing Date.
–2–
--- page 3 ---
ZIJIN GOLD INTERNATIONAL COMPANY LIMITED
紫 金 黃 金 國 際 有 限 公 司
(Incorporated in Hong Kong with limited liability)
GLOBAL OFFERING
Number of Offer Shares under the
Global Offering
: 348,990,700 Shares (subject to the
Over-allotment Option)
Number of Hong Kong Offer Shares : 34,899 ,100 Shares (subject to reallocation)
Number of International Offer Shares : 314,091,600 Shares (including 17,449,600
Reserved Shares under the Preferential
Offering) (subject to reallocation and the
Over-allotment Option)
Offer Price : HK$71.59 per Offer Share, plus brokerage
of 1.0%, SFC transaction levy of
0.0027%, Stock Exchange trading fee of
0.00565% and AFRC transaction levy of
0.00015% (payable in full on application
in Hong Kong dollars and subject to
refund)
Stock code : 2259
Joint Sponsors and Sponsor-Overall C oordinators, Overall Coordinators,
Joint Global Coordinators, Join t Bookrunners, Joint Lead Managers
Joint Bookrunners and Joint Lead Managers
Joint Lead Managers
–3–
--- page 4 ---
ZIJIN GOLD INTERNATIONAL COMPANY LIMITED / 紫金黃金國際有限公司
ANNOUNCEMENT OF ALLOTMENT RESULTS
Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings
as those defined in the prospectus dated 19 September 2025 (the “Prospectus”) issued by Zijin Gold
International Company Limited (the “Company”).
Warning: In view of high concentration of shareholding in a small number of Shareholders,
Shareholders and prospective investors should be aware that the price of the Shares could move
substantially even with a small number of Shares traded and should exercise extreme caution when
dealing in the Shares.
SUMMARY
Company information
Stock code 2259
Stock short name ZIJIN GOLD INTL
Dealings commencement date 30 September 2025*
*see note at the end of the announcement
Price Information
Final Offer Price HK$71.590
Offer Shares and Share Capital
Number of Offer Shares 348,990,700
Number of Offer Shares in Hong Kong Public Offering 34,899,100
Number of Offer Shares in International Offering
(excluding Reserved Shares under the Preferential
Offering)
296,642,000
Number of Reserved Shares in Preferential Offering 17,449,600
Number of issued shares upon Listing (before exercise of
Over-allotment Option)
2,623,990,700
Over-allocation
Number of Offer Shares over-allocated 52,348,600
- International Offer 52,348,600
Such over-allocation may be covered by exercising the Over -allotment Option or by making purchases in
the secondary market at prices that do not exceed the Offer Price or through the stock borrowing
arrangement or a combination of these means. In the event the Over -allotment Option is exercised, an
announcement will be made on the Stock Exchange’s website.
Proceeds
Gross proceeds (Note) HK$24,984.2 million
Less: Estimated listing expenses payable based on Final
Offer Price
HK$ (514.3) million
Net proceeds HK$ 24,469.9 million
Note: Gross proceeds refer to the amount to which the issuer is entitled to receive. For details of the use
of proceeds, please refer to the Prospectus dated 19 September 2025.
--- page 5 ---
ALLOTMENT RESULTS DETAILS
HONG KONG PUBLIC OFFERING
Number of valid applications 350,775
Number of successful applications 198,629
Subscription level 240.74 times
Number of Offer Shares initially available under the Hong Kong
Public Offering
34,899,100
Final number of Offer Shares under the Hong Kong Public
Offering
34,899,100
% of Offer Shares under the Hong Kong Public Offering to the
Global Offering
10.00%
Note: For details of the final allocation of shares to the Hong Kong Public Offering, investors can refer to
www.eipo.com.hk/eIPOAllotment to perform a search by identification number or
www.eipo.com.hk/eIPOAllotment for the full list of allottees.
INTERNATIONAL OFFERING
Number of placees 438
Subscription Level (excluding Reserved Shares under the
Preferential Offering)
20.38 times
Number of Offer Shares initially available under the International
Offering (excluding Reserved Shares under the Preferential
Offering)
296,642,000
Final number of Offer Shares under the International Offering
(excluding Reserved Shares under the Preferential Offering)
(before exercise of the Over-allotment Option)
296,642,000
Final number of Reserved Shares in Preferential Offering 17,449,600
Final number of Offer Shares under the International Offering
(including Reserved Shares under the Preferential Offering)
(before exercise of the Over-allotment Option)
314,091,600
% of Offer Shares under the International Offering to the Global
Offering
90.00%
The Directors confirm that, to the best of their knowledge, information and belief (i) none of the Offer Shares
subscribed by the placees and the public have been financed directly or indirectly by the Company, any of
the Directors, chief executive of the Company, Controlling Shareholders, substantial Shareholders, existing
Shareholders of the Company or any of its subsidiaries or their respective close associates; and (ii) none of
the placees and the public who have purchased the Offer Shares are accustomed to taking instructions from
the Company, any of the Directors, chief executive of the Company, Controlling Shareholders, substantial
Shareholders, existing Shareholders of the Company or any of its subsidiaries or their respective close
associates in relation to the acquisition, disposal, voting or other disposition of Shares registered in
his/her/its name or otherwise held by him/her/it.
Preferential Offering
Number of valid applications 222
Subscription level 22.36 times
--- page 6 ---
Final number of Shares allotted 17,449,600
Reserved Shares available under International Offering 17,449,600
The placees in the International Offering include the following:
Cornerstone Investors
Investor (1)
No. of
Offer
Shares
allocated (2)
% of Offer
Shares
(assuming no
exercise of
the Over-
Allotment
Option))
% of total
issued share
capital after
the
Global
Offering
(assuming no
exercise of
the Over-
Allotment
Option)
% of Offer
Shares
(assuming the
Over-
Allotment
Option is
exercised in
full and new
Shares are
issued)
% of total
issued share
capital after
the
Global
Offering
(assuming the
Over-
Allotment
Option is
exercised in
full and new
Shares are
issued)
Existing
shareholders
or
their close
associates
GIC Private Limited
(“GIC”) 16,327,700 4.68% 0.62%
4.07%
0.61% No
HHLR Advisors,
Ltd. (“HHLRA”) 16,327,700 4.68% 0.62%
4.07%
0.61% No
BlackRock Funds (3) 13,062,200 3.74% 0.50% 3.25% 0.49% No
Schroder Investment
Management
Limited, Schroder
Investment
Management
(Singapore) Ltd and
Schroder Investment
Management (Hong
Kong) Limited
(“Schroders”) 13,062,200 3.74% 0.50%
3.25%
0.49% No
Perseverance Asset
Management
International
(Singapore) Pte. Ltd.
(“Perseverance
Asset
Management”) 5,769,100 1.65% 0.22%
1.44%
0.22% No
Shanghai
Gaoyi Asset
Management
Partnership (Limited
Partnership) (上海高
毅資產管理合夥企
業（有限合夥）)
(“Shanghai Gaoyi”)
and CITIC Securities
International 5,116,000 1.47% 0.19%
1.27%
0.19%
No
--- page 7 ---
Investor (1)
No. of
Offer
Shares
allocated (2)
% of Offer
Shares
(assuming no
exercise of
the Over-
Allotment
Option))
% of total
issued share
capital after
the
Global
Offering
(assuming no
exercise of
the Over-
Allotment
Option)
% of Offer
Shares
(assuming the
Over-
Allotment
Option is
exercised in
full and new
Shares are
issued)
% of total
issued share
capital after
the
Global
Offering
(assuming the
Over-
Allotment
Option is
exercised in
full and new
Shares are
issued)
Existing
shareholders
or
their close
associates
Capital Management
Limited (“CSICM”)
(in connection with
CITICS Back-to-
back TRS and
CITICS Client TRS)
FIL Investment
Management (Hong
Kong) Limited
(“FIL Investment”) 8,708,100 2.50% 0.33%
2.17%
0.33% No
Shanghai
Greenwoods
Asset Management
Co., Ltd (上海景林
資產管理有限公司)
(“Shanghai
Greenwoods”) and
CSICM (in
connection with
CITICS Back-to-
back TRS and
CITICS Client TRS) 5,991,300 1.72% 0.23%
1.49%
0.22% No
Greenwoods Asset
Management Hong
Kong Limited (“HK
Greenwoods”) 2,716,800 0.78% 0.10%
0.68%
0.10% No
Baillie Gifford
Overseas Limited
and Baillie Gifford
& Co (together
“Baillie Gifford”) 6,531,100 1.87% 0.25%
1.63%
0.24% No
Pacific Asset
Management Co.,
Limited (“Pacific
Asset
Management”) and
CPIC Investment
Management (H.K.) 6,531,100 1.87% 0.25%
1.63%
0.24%
No
--- page 8 ---
Investor (1)
No. of
Offer
Shares
allocated (2)
% of Offer
Shares
(assuming no
exercise of
the Over-
Allotment
Option))
% of total
issued share
capital after
the
Global
Offering
(assuming no
exercise of
the Over-
Allotment
Option)
% of Offer
Shares
(assuming the
Over-
Allotment
Option is
exercised in
full and new
Shares are
issued)
% of total
issued share
capital after
the
Global
Offering
(assuming the
Over-
Allotment
Option is
exercised in
full and new
Shares are
issued)
Existing
shareholders
or
their close
associates
Company Limited
(“CPIC (HK)”,
together with Pacific
Asset Management,
“CPIC Investors”)
Taikang Life
Insurance Co., Ltd
(“Taikang Life”) 6,531,100 1.87% 0.25%
1.63%
0.24% No
China Universal
Asset Management
Company Limited
(匯添富基金管理股
份有限公司)
(“CUAM”) and
China Universal
Asset Management
(Hong Kong)
Company Limited
(“China Universal
(HK)”, together with
CUAM, “China
Universal
Investors”) 5,442,500 1.56% 0.21%
1.36%
0.20% No
UBS Asset
Management
(Singapore) Ltd.
(“UBS AM
Singapore”) 5,442,500 1.56% 0.21%
1.36%
0.20% No
GF International
Investment
Management
Limited (“GF
International”) 5,442,500 1.56% 0.21%
1.36%
0.20% No
Dao Yi Capital
Limited (“Dao Yi”) 5,442,500 1.56% 0.21%
1.36%
0.20% No
New Golden Future
Limited 5,442,500 1.56% 0.21%
1.36%
0.20% No
--- page 9 ---
Investor (1)
No. of
Offer
Shares
allocated (2)
% of Offer
Shares
(assuming no
exercise of
the Over-
Allotment
Option))
% of total
issued share
capital after
the
Global
Offering
(assuming no
exercise of
the Over-
Allotment
Option)
% of Offer
Shares
(assuming the
Over-
Allotment
Option is
exercised in
full and new
Shares are
issued)
% of total
issued share
capital after
the
Global
Offering
(assuming the
Over-
Allotment
Option is
exercised in
full and new
Shares are
issued)
Existing
shareholders
or
their close
associates
RBC Global Asset
Management
(Asia) Limited 5,442,500 1.56% 0.21%
1.36%
0.20% No
Invesco Hong Kong
Limited (“IHKL”) 4,354,000 1.25% 0.17%
1.08%
0.16% No
CPE River
Investment Limited
(“CPE River”) 4,354,000 1.25% 0.17%
1.08%
0.16% No
Oaktree Capital
Management, L.P.
(“Oaktree”) 3,265,500 0.94% 0.12%
0.81%
0.12% No
Mirae Asset
Securities Co., Ltd.
(“Mirae Asset
Securities”), Mirae
Asset Global
Investments Co.,
Ltd. (“Mirae Asset
Global
Investments”), and
Mirae Asset
Securities
(HK) Ltd. (“Mirae
Asset Securities
HK”) (together, the
“Mirae Asset
Financial Group”) 3,265,500 0.94% 0.12%
0.81%
0.12% No
Fullgoal Asset
Management (HK)
Limited
(“Fullgoal HK”)
and Fullgoal Fund
Management Co.,
Ltd. (“Fullgoal
Fund”) 3,265,500 0.94% 0.12%
0.81%
0.12% No
IDG Breyer Capital
Fund L.P. (“IDG
Breyer Fund”) 2,177,000 0.62% 0.08%
0.54%
0.08% No
--- page 10 ---
Investor (1)
No. of
Offer
Shares
allocated (2)
% of Offer
Shares
(assuming no
exercise of
the Over-
Allotment
Option))
% of total
issued share
capital after
the
Global
Offering
(assuming no
exercise of
the Over-
Allotment
Option)
% of Offer
Shares
(assuming the
Over-
Allotment
Option is
exercised in
full and new
Shares are
issued)
% of total
issued share
capital after
the
Global
Offering
(assuming the
Over-
Allotment
Option is
exercised in
full and new
Shares are
issued)
Existing
shareholders
or
their close
associates
Arc Avenue Asset
Management Pte.
Ltd. (“Arc Avenue”) 1,088,500 0.31% 0.04%
0.27%
0.04% No
Greater Bay Area
Homeland
Investments Limited
(“GBAHIL”) 3,265,500 0.94% 0.12%
0.81%
0.12% No
Millennium Capital
Management
(Singapore) Pte.
Ltd., and its
affiliated entities
(“Millennium”) 3,265,500 0.94% 0.12%
0.81%
0.12% No
Globe Asia
Investments Limited
(“Globe Asia”) 3,265,500 0.94% 0.12%
0.81%
0.12% No
Sparky International
Company Limited
(“Sparky”) 3,265,500 0.94% 0.12%
0.81%
0.12% No
Total 174,161,400 49.90% 6.64% 43.40% 6.51%
Notes:
1. For further details of the Cornerstone Investors, please refer to the section headed “Cornerstone
Investors” in the Prospectus.
2. Excluding (1) Offer Shares allotted to Cornerstone Investors and/or their close associates with
consent under Chapter 4.15 of the Guide for New Listing Applicants (if any) and (2) Reserved
Shares allotted to Cornerstone Investors under the Preferential Offering (if any).
.
3. BlackRock Funds mean BlackRock Global Funds — World Gold Fund, BlackRock Gold and
General Fund, Global Alpha Opportunities Master Fund Ltd., BLACKROCK STRATEGIC
FUNDS — BlackRock Systematic Asia Pacific Equity Absolute Return Fund, BlackRock
Systematic Total Alpha Master Fund Ltd., BlackRock Systematic China Absolute Return Master
Fund Ltd., Emerging Markets Alpha Master Fund Ltd., Pan Asia Opportunities Master Fund
Ltd., BlackRock Global Equity Market Neutral Fund of BlackRock Funds, BLACKROCK
STRATEGIC FUNDS — BlackRock Systematic Global Equity Absolute Return Fund, and The
32 Capital Master Fund SPC Ltd. and certain separately managed accounts as several and not
joint nor joint and several investors.
--- page 11 ---
ALLOTTEES WITH WAIVERS / CONSENTS OBTAINED
Investor
Number of
Offer
Shares
Allocated (1)
% of Offer
Shares
(assuming no
exercise of the
Over-
Allotment
Option)
% of total
issued share
capital after
the
Global
Offering
(assuming no
exercise of the
Over-
Allotment
Option)
% of Offer
Shares
(assuming
the Over-
Allotment
Option is
exercised in
full and new
Shares are
issued)
% of total
issued share
capital after
the
Global
Offering
(assuming
the Over-
Allotment
Option is
exercised in
full and new
Shares are
issued) Relationship
Allotees with consent under Chapter 4.15 of the Guide for New Listing Applicants in relation to
allocations of further Shares to Cornerstone Investors and/or their close associates (2)
Schroders 3,265,500
0.936% 0.124% 0.814% 0.122% A Cornerstone
Investor
UBS AM
Singapore 1,737,400
0.498% 0.066% 0.433% 0.065% A Cornerstone
Investor
RBC Global
Asset
Management
(Asia) Limited 44,000
0.013% 0.002% 0.011% 0.002%
A Cornerstone
Investor
IHKL
10,800 0.003% 0.0004% 0.003% 0.0004% A Cornerstone
Investor
Invesco Great
Wall Fund
Management
Co., Ltd
139,600 0.040% 0.005% 0.035% 0.005% Close associate
of IHKL, a
cornerstone
investor
Oaktree
10,800 0.003% 0.0004% 0.003% 0.0004% A Cornerstone
Investor
Mirae Asset
Securities (HK)
Limited, as part
of the Mirae
Asset Financial
Group
10,800 0.003% 0.0004% 0.003% 0.0004%
A Cornerstone
Investor
CPIC Investors
10,800 0.003% 0.0004% 0.003% 0.0004% A Cornerstone
Investor
China Universal
Asset
Management
Company
Limited, as one
of the China
Universal
Investors
10,800 0.003% 0.0004% 0.003% 0.0004%
A Cornerstone
Investor
--- page 12 ---
Investor
Number of
Offer
Shares
Allocated (1)
% of Offer
Shares
(assuming no
exercise of the
Over-
Allotment
Option)
% of total
issued share
capital after
the
Global
Offering
(assuming no
exercise of the
Over-
Allotment
Option)
% of Offer
Shares
(assuming
the Over-
Allotment
Option is
exercised in
full and new
Shares are
issued)
% of total
issued share
capital after
the
Global
Offering
(assuming
the Over-
Allotment
Option is
exercised in
full and new
Shares are
issued) Relationship
Taikang Life
10,800 0.003% 0.0004% 0.003% 0.0004% A Cornerstone
Investor
Fullgoal
(comprising
Fullgoal HK and
Fullgoal Fund)
10,800 0.003% 0.0004% 0.003% 0.0004%
A Cornerstone
Investor
HHLRA
2,721,200 0.780% 0.104% 0.678% 0.102% A Cornerstone
Investor
Arc Avenue
10,800 0.003% 0.0004% 0.003% 0.0004% A Cornerstone
Investor
China Special
Opportunity
Fund SPC-
GOLD SP
2,793,600 0.800% 0.106% 0.696% 0.104%
A Cornerstone
Investor
Gold Virtue
Limited
279,300 0.080% 0.011% 0.070% 0.010% Close associate
of GOLD SP,
on behalf of
whom China
Special
Opportunity
Fund SPC
acted as a
Cornerstone
investor
Strong Media
Limited
1,088,500 0.312% 0.041% 0.271% 0.041% Close associate
of Yunfeng
Investments
Limited, a
cornerstone
investor
BlackRock, Inc.
(as manager of
sub-funds)
3,265,500 0.936% 0.124% 0.814% 0.122%
A Cornerstone
Investor
GIC
1,088,500 0.312% 0.041% 0.271% 0.041% A Cornerstone
Investor
FIL Investment
1,088,500 0.312% 0.041% 0.271% 0.041% A Cornerstone
Investor
--- page 13 ---
Investor
Number of
Offer
Shares
Allocated (1)
% of Offer
Shares
(assuming no
exercise of the
Over-
Allotment
Option)
% of total
issued share
capital after
the
Global
Offering
(assuming no
exercise of the
Over-
Allotment
Option)
% of Offer
Shares
(assuming
the Over-
Allotment
Option is
exercised in
full and new
Shares are
issued)
% of total
issued share
capital after
the
Global
Offering
(assuming
the Over-
Allotment
Option is
exercised in
full and new
Shares are
issued) Relationship
Baillie Gifford
Asia (Hong
Kong) Limited
2,177,000 0.624% 0.083% 0.542% 0.081% Close associate
of Baillie
Gifford, both
cornerstone
investors
Sparky
279,300 0.080% 0.011% 0.070% 0.010% A Cornerstone
Investor
GF International
69,800 0.020% 0.003% 0.017% 0.003% A Cornerstone
Investor
GF Global
Capital Limited
15,514,400 4.446% 0.591% 3.866% 0.580% Close associate
of GF
International, a
cornerstone
investor
GF Securities
Asset
Management
Guangdong
Company
Limited
13,900 0.004% 0.001% 0.003% 0.001%
Close associate
of GF
International, a
cornerstone
investor
Notes:
1. Excluding Reserved Shares allotted under the Preferential Offering (if any).
2. The number of Offer Shares allocated to the relevant investors listed in this subsection only
represents the number of Offer Shares allocated to the investors as placees in the International
Offering. For allocations of Offer Shares to the relevant investo rs as Cornerstone Investors,
please refer to the section headed “Allotment Results Details – Cornerstone Investors” in this
announcement. For details of the consent under Chapter 4.15 of the Guide for New Listing
Applicants in relation to allocations of fu rther Shares to Cornerstone investors and their close
associates, please refer to the section headed “Others/Additional Information – Allocations of
Offer Shares to Cornerstone Investors and/or their close associates with consent under Chapter
4.15 of the Guide for New Listing Applicants” in this announcement.
--- page 14 ---
Investor
Number of
Offer
Shares
Allocated (1)
% of Offer
Shares
(assuming no
exercise of the
Over-
Allotment
Option)
% of total
issued share
capital after
the
Global
Offering
(assuming no
exercise of the
Over-
Allotment
Option)
% of Offer
Shares
(assuming
the Over-
Allotment
Option is
exercised in
full and new
Shares are
issued)
% of total
issued share
capital after
the
Global
Offering
(assuming
the Over-
Allotment
Option is
exercised in
full and new
Shares are
issued) Relationship
Allotees with consent under paragraph 1C(1) Placing Guidelines for Equity Securities (Appendix F1
of the Main Board Listing Rules) (the “Placing Guidelines”) to connected clients (2)
CSICM (in
connection with
Gaoyi OTC
Swaps)
5,116,000 1.466% 0.195% 1.275% 0.191% Connected
client as
cornerstone
investor
CSICM (in
connection with
Greenwoods
OTC Swaps)
5,991,300 1.717% 0.228% 1.493% 0.224% Connected
client as a
cornerstone
investor
CSICM
1,601,600 0.46% 0.061% 0.40% 0.060% Connected
client as a
placee
GF International
5,442,500 1.56% 0.21%
1.36% 0.20% Connected
client as a
cornerstone
investor
GF International
69,800 0.02% 0.003% 0.02% 0.003% Connected
client as a
placee
UBS AM
Singapore 5,442,500 1.56% 0.21%
1.36% 0.20% Connected
client as a
cornerstone
investor
UBS AM
Singapore
1,737,400
0.50%
0.066%
0.43% 0.065% Connected
client as a
placee
CITIC
Securities Asset
Management
Company
Limited
(“CITIC Asset
Management”)
41,900 0.01% 0.002% 0.01% 0.002%
Connected
client
China Asset
Management
(Hong Kong)
32,700 0.01% 0.001% 0.01% 0.001%
Connected
client
--- page 15 ---
Investor
Number of
Offer
Shares
Allocated (1)
% of Offer
Shares
(assuming no
exercise of the
Over-
Allotment
Option)
% of total
issued share
capital after
the
Global
Offering
(assuming no
exercise of the
Over-
Allotment
Option)
% of Offer
Shares
(assuming
the Over-
Allotment
Option is
exercised in
full and new
Shares are
issued)
% of total
issued share
capital after
the
Global
Offering
(assuming
the Over-
Allotment
Option is
exercised in
full and new
Shares are
issued) Relationship
Limited
(“China AMC
HK”)
China Asset
Management
Co., Ltd.
(“China
AMC”)
1,055,800 0.30% 0.040% 0.26% 0.039%
Connected
client
China CITIC
Bank
International
Limited
(“China
CITIC”)
565,900 0.16% 0.022% 0.14% 0.021%
Connected
client
China Southern
Asset
Management
Co., Ltd.
(“China
Southern”)
419,000 0.12% 0.016% 0.10% 0.016%
Connected
client
Huatai Capital
Investment
Limited
(“HTCI”)
329,100 0.09% 0.013% 0.08% 0.012%
Connected
client
CICC Financial
Trading Limited
(“CICC FT”)
21,700 0.006% 0.001% 0.005% 0.001%
Connected
client
Value Partners
Hong Kong
Limited (“Value
Partners”)
41,900 0.01% 0.002% 0.01% 0.002%
Connected
client
--- page 16 ---
Investor
Number of
Offer
Shares
Allocated (1)
% of Offer
Shares
(assuming no
exercise of the
Over-
Allotment
Option)
% of total
issued share
capital after
the
Global
Offering
(assuming no
exercise of the
Over-
Allotment
Option)
% of Offer
Shares
(assuming
the Over-
Allotment
Option is
exercised in
full and new
Shares are
issued)
% of total
issued share
capital after
the
Global
Offering
(assuming
the Over-
Allotment
Option is
exercised in
full and new
Shares are
issued) Relationship
E Fund
Management
Co., Ltd. (“E
Fund
Management”)
3,071,300 0.88% 0.117% 0.77% 0.115%
Connected
client
E Fund
Management
(Hong Kong)
Co., Limited
(“E Fund Hong
Kong”)
194,200 0.06% 0.007% 0.05% 0.007%
Connected
client
GF Securities
Asset
Management
(Guangdong)
Co., Ltd. (“GF
Securities
AM”)
13,900 0.004% 0.001% 0.003% 0.001%
Connected
client
GF Global
Capital Limited
(“GFGC”)
15,514,400 4.45% 0.591% 3.87% 0.580%
Connected
client
ICBC UBS
Asset
Management
Co., Ltd.
(“ICBC UBS”)
41,900 0.01% 0.002% 0.01% 0.002%
Connected
client
Everbright
PGIM Fund
Management
Co., Ltd.
(“Everbright
PGIM”)
69,800 0.02% 0.003% 0.02% 0.003%
Connected
client
--- page 17 ---
Investor
Number of
Offer
Shares
Allocated (1)
% of Offer
Shares
(assuming no
exercise of the
Over-
Allotment
Option)
% of total
issued share
capital after
the
Global
Offering
(assuming no
exercise of the
Over-
Allotment
Option)
% of Offer
Shares
(assuming
the Over-
Allotment
Option is
exercised in
full and new
Shares are
issued)
% of total
issued share
capital after
the
Global
Offering
(assuming
the Over-
Allotment
Option is
exercised in
full and new
Shares are
issued) Relationship
China
Merchants Fund
Management
Company (“CM
Fund”)
1,000 0.0003% 0.00004% 0.0002% 0.00004%
Connected
client
Bosera Asset
Management
(International)
Co., Limited
(“Bosera”)
1,088,500 0.31% 0.041% 0.27% 0.041%
Connected
client
Haitong
International
Asset
Management
(HK) Limited
(“Haitong AM
HK”)
10,000 0.003% 0.0004% 0.002% 0.0004%
Connected
client
Notes:
1. Excluding Reserved Shares allotted under the Preferential Offering (if any).
2. For details of the consent under paragraph 1C(1) of the Placing Guidelines in relation to
allocations to connected clients, please refer to the section headed “OTHERS / ADDITIONAL
INFORMATION - Placing to connected clients with a prior consent under paragr aph 1C(1) of
the Placing Guidelines” in this announcement.
--- page 18 ---
LOCK-UP UNDERTAKINGS
Controlling Shareholders
Name
Number of Shares held
in the Company subject
to lock-up
undertakings upon
Listing
% of shareholding in the
Company subject to
lock-up undertakings
upon Listing (assuming
the Over-allotment
Option is not exercised)
Last day subject to the
lock-up undertakings
Zijin Mining Group Co.,
Ltd (紫金礦業集團股份
有限公司) (“Zijin
Mining”) Note 3
2,275,000,000 86.70% 29 March 2026 (First
Six-Month Period) Note 1
29 September 2026
(Second Six-Month
Period) Note 2
Gold Mountains (H.K.)
International Mining
Company Limited
(“Gold Mountains
(H.K.)”) Note 3
1,729,000,000 65.89% 29 March 2026 (First
Six-Month Period) Note 1
29 September 2026
(Second Six-Month
Period) Note 2
Zijin Mining Group
Northwest Co., Ltd. (紫
金礦業集團西北有限公
司) (“Zijin Northwest”)
Note 3
546,000,000 20.81% 29 March 2026 (First
Six-Month Period) Note 1
29 September 2026
(Second Six-Month
Period) Note 2
In accordance with the relevant Listing Rule and guidance materials, the required lock-up for the First
Six-Month Period ends on 29 March 2026 and for the Second Six-Month Period, on 29 September 2026.
Notes
1. The Controlling Shareholder may dispose of or transfer Shares after the indicated date subject to that the Controlling
Shareholder will not cease to be a Controlling Shareholder.
2. The Controlling Shareholder and Cornerstone Investors will cease to be prohibited from disposing of or transfer ring
Shares after the indicated date.
3. Zijin Mining held the entire equity interests in Gold Mountains (H.K.) and Zijin Northwest. For the purpose of the
Securities and Futures Ordinance , Zijin Mining is deemed to be interested in the Shares beneficially owned by Gold
Mountains (H.K.) and Zijin Northwest.
--- page 19 ---
Cornerstone Investors
Name
Number of Shares held
in the Company subject
to lock-up
undertakings upon
Listing
% of shareholding in the
Company subject to
lock-up undertakings
upon Listing (assuming
the Over-allotment
Option is not exercised)
Last day subject to the
lock-up undertakings
GIC 16,327,700 0.62% 29 March 2026
HHLRA 16,327,700 0.62% 29 March 2026
BlackRock Funds Note 2 13,062,200 0.50% 29 March 2026
Schroders
13,062,200 0.50% 29 March 2026
Perseverance Asset
Management 5,769,100 0.22% 29 March 2026
Shanghai
Gaoyi and CSICM (in
connection with CITICS
Back-to-back TRS and
CITICS Client TRS) 5,116,000 0.19% 29 March 2026
FIL Investment 8,708,100 0.33% 29 March 2026
Shanghai Greenwoods
and CSICM (in
connection with CITICS
Back-to-back TRS and
CITICS Client TRS) 5,991,300 0.23% 29 March 2026
HK Greenwoods 2,716,800 0.10% 29 March 2026
Baillie Gifford 6,531,100 0.25% 29 March 2026
CPIC Investors 6,531,100 0.25% 29 March 2026
Taikang Life 6,531,100 0.25% 29 March 2026
China Universal
Investors 5,442,500 0.21% 29 March 2026
UBS AM Singapore 5,442,500 0.21% 29 March 2026
GF International 5,442,500 0.21% 29 March 2026
Dao Yi 5,442,500 0.21% 29 March 2026
New Golden Future
Limited 5,442,500 0.21% 29 March 2026
RBC Global Asset
Management
(Asia) Limited 5,442,500 0.21% 29 March 2026
IHKL 4,354,000 0.17% 29 March 2026
CPE River 4,354,000 0.17% 29 March 2026
Oaktree 3,265,500 0.12% 29 March 2026
Mirae Asset Financial
Group 3,265,500 0.12% 29 March 2026
Fullgoal HK and
Fullgoal Fund 3,265,500 0.12% 29 March 2026
IDG Breyer Fund 2,177,000 0.08% 29 March 2026
Arc Avenue 1,088,500 0.04% 29 March 2026
GBAHIL 3,265,500 0.12% 29 March 2026
Millennium
3,265,500 0.12% 29 March 2026
--- page 20 ---
Name
Number of Shares held
in the Company subject
to lock-up
undertakings upon
Listing
% of shareholding in the
Company subject to
lock-up undertakings
upon Listing (assuming
the Over-allotment
Option is not exercised)
Last day subject to the
lock-up undertakings
Globe Asia 3,265,500 0.12% 29 March 2026
Sparky 3,265,500 0.12% 29 March 2026
Subtotal 174,161,400 6.64% 29 March 2026
Notes:
1. In accordance with the respective Cornerstone Investment Agreement, the required lock-up ends on
29 March 2026. The Cornerstone Investors will cease to be prohibited from disposing of or
transferring Shares after the indicated date.
2. BlackRock Funds mean BlackRock Global Funds — World Gold Fund, BlackRock Gold and
General Fund, Global Alpha Opportunities Master Fund Ltd., BLACKROCK STRATEGIC
FUNDS — BlackRock Systematic Asia Pacific Equity Absolute Return Fund, BlackRock
Systematic Total Alpha Master Fund Ltd., BlackRock Systematic China Absolute Return Master
Fund Ltd., Emerging Markets Alpha Master Fund Ltd., Pan Asia Opportunities Master Fund Ltd.,
BlackRock Global Equity Market Neutral Fund of BlackRock Funds, BLACKROCK STRATEGIC
FUNDS — BlackRock Systematic Global Equity Absolute Return Fund, and The 32 Capital
Master Fund SPC Ltd. and certain separately managed accounts as several and not joint nor joint
and several investors.
--- page 21 ---
PLACEE CONCENTRATION ANALYSIS
Placees
(1)
Number of Shares
allotted (2)
Allotment as % of
International Offering
(assuming no exercise
of the Over-allotment
Option)
Allotment as % of
International
Offering (assuming
exercise of the
Over-allotment
Option in full)
Allotment as % of
total Offer Shares
(assuming no
exercise of the
Over- allotment
Option)
Allotment as %
of total Offer
Shares (assuming
exercise of the
Over- allotment
Option in full)
Number of
Shares held
upon Listing
(2)
% of total issued
share capital
upon Listing
(assuming no
exercise of the
Over-allotment
Option)
% of total issued
share capital upon
Listing (assuming
exercise of the Over-
allotment Option in
full)
Top 1 19,048,900 6.06% 5.20% 5.46% 4.75% 19,048,900 0.73% 0.71%
Top 5 80,191,900 25.53% 21.88% 22.98% 19.98% 80,191,900 3.06% 3.00%
Top 10 126,805,200 40.37% 34.60% 36.33% 31.60% 126,805,200 4.83% 4.74%
Top 25 213,212,300 67.88% 58.18% 61.09% 53.13% 213,212,300 8.13% 7.97%
Notes
1. Ranking of placees is based on the number of Shares allotted to the placees.
2. Excluding Reserved Shares allotted under the Preferential Offering (if any).
--- page 22 ---
SHAREHOLDER CONCENTRATION ANALYSIS
Shareholders
(1)
Number of
Shares allotted (2)
Allotment
as % of
International
Offering
(assuming no
exercise of the
Over-
allotment
Option)
Allotment
as % of
International
Offering
(assuming
exercise of the
Over-
allotment
Option in
full)
Allotment
as % of total
Offer Shares
(assuming no
exercise of the
Over-
allotment
Option)
Allotment
as % of total
Offer Shares
(assuming
exercise of the
Over-
allotment
Option in
full)
Number of Shares
held upon Listing (2)
% of total
issued share
capital upon
Listing
(assuming no
exercise of the
Over-
allotment
Option)
% of total
issued share
capital upon
Listing
(assuming
exercise of the
Over-
allotment
Option in
full)
Top 1 0 0.00% 0.00% 0.00% 0.00% 2,275,000,000 86.70% 85.00%
Top 5 69,120,500 22.01% 18.86% 19.81% 17.22% 2,344,120,500 89.33% 87.59%
Top 10 118,289,800 37.66% 32.28% 33.89% 29.47% 2,393,289,800 91.21% 89.42%
Top 25 208,858,300 66.50% 57.00% 59.85% 52.04% 2,483,858,300 94.66% 92.81%
Notes
1. Ranking of Shareholders is based on the number of Shares (of all classes) held by the Shareholder upon Listing.
2. Excluding Reserved Shares allotted under the Preferential Offering (if any).
BASIS OF ALLOCATION UNDER THE HONG KONG PUBLIC OFFERING
Subject to the satisfaction of the conditions set out in the Prospectus, valid applications made by
the public will be conditionally allocated on the basis set out below:
NO. OF SHARES APPLIED
FOR
NO. OF VALID
APPLICATIONS
BASIS OF
ALLOTMENT/BALLOT
APPROXIMATE
PERCENTAGE
ALLOTTED OF THE
TOTAL NO. OF SHARES
APPLIED FOR
POOL A
100 90,349 45,175 out of 90,349 to receive 100 Shares 50.00%
200 27,058 13,808 out of 27,058 to receive 100 Shares 25.52%
300 16,041 8,191 out of 16,041 to receive 100 Shares 17.02%
400 10,012 5,117 out of 10,012 to receive 100 Shares 12.78%
500 13,586 6,951 out of 13,586 to receive 100 Shares 10.23%
600 8,669 4,441 out of 8,669 to receive 100 Shares 8.54%
700 4,597 2,359 out of 4,597 to receive 100 Shares 7.33%
800 5,110 2,627 out of 5,110 to receive 100 Shares 6.43%
900 3,195 1,646 out of 3,195 to receive 100 Shares 5.72%
1,000 32,546 16,800 out of 32,546 to receive 100 Shares 5.16%
1,500 10,656 5,517 out of 10,656 to receive 100 Shares 3.45%
2,000 10,255 5,330 out of 10,255 to receive 100 Shares 2.60%
2,500 5,561 2,905 out of 5,561 to receive 100 Shares 2.09%
3,000 6,064 3,186 out of 6,064 to receive 100 Shares 1.75%
3,500 3,565 1,886 out of 3,565 to receive 100 Shares 1.51%
4,000 4,059 2,164 out of 4,059 to receive 100 Shares 1.33%
--- page 23 ---
4,500 2,632 1,416 out of 2,632 to receive 100 Shares 1.20%
5,000 6,623 3,597 out of 6,623 to receive 100 Shares 1.09%
6,000 4,691 2,576 out of 4,691 to receive 100 Shares 0.92%
7,000 3,962 2,203 out of 3,962 to receive 100 Shares 0.79%
8,000 3,352 1,891 out of 3,352 to receive 100 Shares 0.71%
9,000 2,637 1,512 out of 2,637 to receive 100 Shares 0.64%
10,000 18,232 10,643 out of 18,232 to receive 100 Shares 0.58%
20,000 10,033 6,058 out of 10,033 to receive 100 Shares 0.30%
30,000 6,292 3,988 out of 6,292 to receive 100 Shares 0.21%
40,000 4,394 2,961 out of 4,394 to receive 100 Shares 0.17%
50,000 3,813 2,760 out of 3,813 to receive 100 Shares 0.14%
60,000 8,658 6,788 out of 8,658 to receive 100 Shares 0.13%
Total 326,642 Total number of Pool A successful
applicants: 174,496
POOL B
70,000 4,576 400 Shares 0.57%
80,000 1,877
400 Shares plus 31 out of 1,877 to receive
additional 100 Shares 0.50%
90,000 1,397
400 Shares plus 47 out of 1,397 to receive
additional 100 Shares 0.45%
100,000 7,311
400 Shares plus 410 out of 7,311 to receive
additional 100 Shares 0.41%
200,000 3,616 600 Shares 0.30%
300,000 1,704 800 Shares 0.27%
400,000 922 1,000 Shares 0.25%
500,000 1,543 1,200 Shares 0.24%
1,000,000 573 2,300 Shares 0.23%
1,500,000 206 3,300 Shares 0.22%
2,000,000 113 4,100 Shares 0.21%
2,500,000 60 4,800 Shares 0.19%
3,000,000 68 5,400 Shares 0.18%
4,000,000 45 6,800 Shares 0.17%
5,000,000 39 7,900 Shares 0.16%
7,500,000 20 11,100 Shares 0.15%
10,000,000 15 13,800 Shares 0.14%
12,500,000 9 16,000 Shares 0.13%
15,000,000 6 17,700 Shares 0.12%
17,449,500 33 18,800 Shares 0.11%
Total 24,133 Total number of Pool B successful
applicants: 24,133
As of the date of this announcement, the relevant subscription monies previously deposited in the
designated nominee accounts have been remitted back to the accounts of all HKSCC
participants . Investors should contact their relevant brokers for any inquiries.
BASIS OF ALLOCATION UNDER THE PREFERENTIAL OFFERING
Subject to the satisfaction of the conditions set out in the Prospectus, valid applications made by
the Qualified Zijin Mining H Shareholders will be conditionally allocated on the basis set out
below. No preferential treatment was given to any of the Qualified Zijin Mining H Shareholders
--- page 24 ---
in the allocation of the Shares applied for by them under the Preferential Offering and such
allocation of Shares under the Preferential Offering was made in accordance with the allocation
basis described in the Prospectus. All of the 17,449,600 Reserved Shares validly applied for will
be allocated to Qualified Zijin Mining H Shareholders who have applied pursuant to the
Preferential Offering.
NO. OF
SHARES
APPLIED FOR
NO. OF VALID
APPLICATIONS
TOTAL NO.
OF EXCESS
RESERVED
SHARES
APPLIED
FOR
BASIS OF ALLOTMENT /
BALLOT
TOTAL NO.
OF
RESERVED
SHARES
ALLOTTED
APPROXIMATE
PERCENTAGE
OF
ALLOCATION
BASED ON
TOTAL NO. OF
EXCESS
RESERVED
SHARES
APPLIED FOR
IN THIS
CATEGORY
13 to 1,000 50 19,673 Allot Excess Reserved Shares
applied for in full 19,673 100.00%
1,652 to 1,652 1 1,652 80.02% of the Excess Reserved
Shares applied for 1,322 80.02%
2,000 to 5,000 14 49,000 70% of the Excess Reserved
Shares applied for 34,300 70.00%
6,000 to 6,000 1 6,000 58.33% of the Excess Reserved
Shares applied for 3,500 58.33%
7,000 to 9,000 12 91,000 50% of the Excess Reserved
Shares applied for 45,500 50.00%
10,000 to 10,000 14 140,000 45% of the Excess Reserved
Shares applied for 63,000 45.00%
13,000 to 13,000 1 13,000 40% of the Excess Reserved
Shares applied for 5,200 40.00%
15,000 to 15,000 1 15,000 38% of the Excess Reserved
Shares applied for 5,700 38.00%
19,995 to 50,000 64 1,841,883 30% of the Excess Reserved
Shares applied for 552,565 30.00%
60,000 to 100,000 43 3,100,000 25% of the Excess Reserved
Shares applied for 775,000 25.00%
114,000 to
114,000 1 114,000 23% of the Excess Reserved
Shares applied for 26,220 23.00%
140,000 to
140,000 1 140,000 20% of the Excess Reserved
Shares applied for 28,000 20.00%
200,000 to
300,000 10 2,107,000 15% of the Excess Reserved
Shares applied for 316,050 15.00%
375,471,995 to
375,471,995 1 375,471,995
Approximately 2.28% of the
Excess Reserved Shares applied
for (HKSCC Nominees Limited
apply on behalf of the applicants
who apply in CCASS indirectly
through a broker/custodian)
8,565,835 2.28%
214 383,110,203 10,441,865
--- page 25 ---
COMPLIANCE WITH LISTING RULES AND GUIDANCE
The Directors confirm that, except for the Listing Rules that have been waived and/or in respect of
which consent has been obtained, the Company has complied with the Listing Rules and guidance
materials in relation to the placing, allotment and listing of the Company’s Shares.
The Directors confirm that, to the best of their knowledge, the consideration paid by the placees or
the public (as the case may be) directly or indirectly for each Offer Share subscribed for or purchased
by them was the same as the Offer Price in addition to any brokerage, AFRC transaction levy, SFC
transaction levy and trading fee payable.
OTHERS / ADDITIONAL INFORMATION
Allocations of Offer Shares to Cornerstone Investors and/or their close associates with consent
under Chapter 4.15 of the Guide for New Listing Applicants
The Company has applied to, and the Stock Exchange has granted, a consent under Chapter 4.15 of
the Guide for New Listing Applicants to permit the Company to allocate further Offer Shares in the
International Offering to Cornerstone Investors and/or their close associates as placees, subject to the
following conditions:
(a) the final offering size of the Global Offering (excluding any additional Shares which may be
issued upon exercise of the Over -allotment Option) will be of a total value of at least HK$1
billion as required by paragraph 18(i) of Chapter 4.15 of the Guide for New Listing Applicants;
(b) each Director, chief executive and controlling shareholder of the Company has confirmed that
no securities have been allocated to them or their respective close associates under the Size -
based Exemption as required by paragraph 18(iii) of Chapter 4.15 of the Guide for New Listing
Applicants;
(c) the Company will comply with the public float requirement under Rule 8.08(1) of the Listing
Rules; and
(d) details of the allocation to Cornerstone Investors and/or their close associates will be disclosed
in this announcement. Such allocations of Offer Shares are in compliance with all the
conditions under the consent granted by the Stock Exchange. For details of the allocations of
Offer Shares to the Cornerstone Investors and/or their clo se associates, please refer to the
section headed “Allotment Results Details –Allotees with Waivers/Consents Obtained” in this
announcement.
Placing to connected clients with a prior consent under paragraph 1C(1) of the Placing
Guidelines
The Company has applied to the Stock Exchange for, and the Stock Exchange has granted, consent
under paragraph 1C(1) of the Placing Guidelines to permit CSICM (in connection with the Gaoyi OTC
Swaps and Greenwoods OTC Swaps), GF International and UBS AM Singapore to participate in the
Global Offering as connected clients as part of their cornerstone investments. For details of the consent
--- page 26 ---
granted, please refer to the section headed “Allotment Results Details – International Offering –
Cornerstone Investors” in this announcement.
Under the International Offering, certain Offer Shares were placed to connected clients of their
connected distributors pursuant to the Placing Guidelines.
The Company has applied to the Stock Exchange for, and the Stock Exchange has granted, a consent
under paragraph 1C(1) of the Placing Guidelines to permit the Company to allocate such Offer Shares
in the International Offering to the connected clients. The allocation of Offer Shares to such connected
clients is in compliance with all the conditions under the consent granted by the Stock Exchange.
Details of the placement to connected clients are set out below:
--- page 27 ---
No. Connected
Distributor
Connected
Client
Relationship Whether the
connected
clients will
hold the
beneficial
interests of
the Offer
Shares on a
non-
discretionary
basis or
discretionary
basis for
independent
third parties
Number of
Offer Shares
to be
allocated to
the
Connected
Client as a
placee under
the
International
Offering
(excluding
Reserved
Shares
allotted
under the
Preferential
Offering (if
any))
Approximate
percentage of
total number
of Offer
Shares under
the Global
Offering
(assuming no
exercise of
the Over-
allotment
Option)
Approximate
percentage of
total issued
share capital
immediately
following the
Global
Offering
(assuming no
exercise of
the Over-
allotment
Option)
Approximate
percentage of
total number
of Offer
Shares under
the Global
Offering
(assuming no
exercise of
the Over-
allotment
Option)
Approximate
percentage of
total issued
share capital
immediately
following the
Global
Offering
(assuming no
exercise of
the Over-
allotment
Option)
1 CLSA Limited
(“CLSA”)
CITIC Asset
Management
(1)
CITIC Asset
Management
is a member
of the same
group of
companies as
CLSA.
Discretionary
basis
41,900 0.01% 0.002% 0.01% 0.002%
2 China AMC
HK (2)
China AMC
HK is a
member of the
same group of
companies as
CLSA.
Discretionary
basis
32,700 0.01% 0.001% 0.001% 0.001%
3 China AMC (3) China AMC is
a member of
the same
group of
companies as
CLSA.
Discretionary
basis
1,055,800 0.30% 0.040% 0.26% 0.039%
--- page 28 ---
4 China CITIC
(4)
China CITIC
is a member
of the same
group of
companies as
CLSA.
Non-
discretionary
basis
565,900 0.16% 0.022% 0.14% 0.021%
5 CSICM (5) CSICM is a
member of the
same group of
companies as
CLSA.
Non-
discretionary
basis
1,601,600 0.46% 0.061% 0.40% 0.060%
6 Huatai
Financial
Holdings
(Hong Kong)
Limited
(“HTFH”)
China
Southern (6)
China
Southern is a
member of the
same group of
companies as
HTFH.
Discretionary
basis
419,000 0.12% 0.016% 0.10% 0.016%
7 HTCI (7)
HTCI is a
member of the
same group of
companies as
HTFH.
Non-
discretionary
basis
329,100 0.09% 0.013% 0.08% 0.012%
8 China
International
Capital
Corporation
Hong Kong
Securities
Limited
(“CICCHKS”)
CICC FT (8) CICC FT is a
member of the
same group of
companies as
CICCHKS.
Non-
discretionary
basis
21,700 0.006% 0.001% 0.005% 0.001%
9 GF Securities
(Hong Kong)
Brokerage
Limited (“GF
Securities
(Hong Kong)
Brokerage”)
GF
International
(9)
GF
International
is a member
of the same
group of
companies as
GF Securities
(Hong Kong)
Brokerage.
Discretionary
basis
69,800 0.02% 0.003% 0.02% 0.003%
--- page 29 ---
10 Value Partners
(10)
Value Partners
is a member
of the same
group of
companies as
GF Securities
(Hong Kong)
Brokerage.
Discretionary
basis
41,900 0.01% 0.002% 0.01% 0.002%
11 E Fund
Management
(11)
E Fund
Management
is a member
of the same
group of
companies as
GF Securities
(Hong Kong)
Brokerage.
Discretionary
basis
3,071,300 0.88% 0.117% 0.77% 0.115%
12 E Fund Hong
Kong (12)
E Fund Hong
Kong is a
member of the
same group of
companies as
GF Securities
(Hong Kong)
Brokerage.
Discretionary
basis
194,200 0.06% 0.007% 0.05% 0.007%
13 GF Securities
AM (13)
GF Securities
AM is a
member of the
same group of
companies as
GF Securities
(Hong Kong)
Brokerage.
Discretionary
basis
13,900 0.004% 0.001% 0.003% 0.001%
14 GFGC (14) GFGC is a
member of the
same group of
companies as
Non-
discretionary
basis
15,514,400 4.45% 0.591% 3.87% 0.58%
--- page 30 ---
GF Securities
(Hong Kong)
Brokerage.
15 UBS AG Hong
Kong Branch
(“UBS AG
HK”)
UBS AG
Singapore
Branch (“UBS
AG
Singapore”)
UBS AM
Singapore (15)
UBS AM
Singapore is a
member of the
same group of
companies as
UBS AG HK
and UBS AG
Singapore.
Discretionary
basis
1,737,400
0.50%
0.066%
0.43% 0.065%
16 ICBC UBS (16) ICBC UBS is
held as to 20%
by UBS AG,
and is
therefore a
member of the
same group of
companies as
UBS AG HK
and UBS AG
Singapore.
Discretionary
basis
41,900 0.01% 0.002% 0.01% 0.002%
17 Everbright
Securities
Investment
Services (HK)
Limited
(“Everbright
Securities”)
Everbright
PGIM (17)
Everbright
PGIM is a
member of the
same group of
companies as
Everbright
Securities.
Discretionary
basis
69,800 0.02% 0.003% 0.02% 0.003%
18 CMB
International
Capital
Corporation
Limited
(“CMBI
Capital”)
CM Fund (18)
CM Fund is a
member of the
same group of
companies as
CMBI Capital.
Discretionary
basis
1,000 0.0003% 0.00004% 0.0002% 0.00004%
19 Bosera (19)
Bosera is a
member of the
same group of
Discretionary
basis
1,088,500 0.31% 0.041% 0.27% 0.041%
--- page 31 ---
companies as
CMBI Capital.
20 Haitong
International
Securities
Group Limited
(“Haitong
International”)
Haitong AM
HK (20)
Haitong AM
HK is a
member of the
same group of
companies as
Haitong
International.
Discretionary
basis
10,000 0.003% 0.0004% 0.002% 0.0004%
Notes
1. CITIC Asset Management will hold the Offer Shares in its capacity as the discretionary fund manager managing the funds on beh alf
of their underlying clients, each of which is, to the best knowledge of CITIC Asset Management, an independent third party of the
Company, its subsidiaries, its substantial shareholders, CITIC Asset Management, CLSA and the companies which are members of
the same group of CLSA .
2. China AMC HK will hold the Offer Shares in its capacity as the discretionary fund manager managing on behalf of its underlying clients,
each of which is, to the best knowledge of China AMC HK, an independent third party of the Company, its subsidiaries, its substantial
shareholders, China AMC HK, CLSA and the companies which are members of the same group of CLSA.
3. China AMC will hold the Offer Shares in its capacity as the discretionary fund manager managing funds on behalf of its underl ying
clients, each of which is, to the best knowledge of China AMC, an independent third party of the Company, its subsidiaries, its substantial
shareholders, China AMC, CLSA and the companies which are members of the same group of CLSA.
4. China CITIC will hold the Offer Shares in its capacity as a broker managing on behalf of its underlying clients on a non -discretionary
basis, each of which is , to best knowledge of China CITIC, an independent third party of the Company, its subsidiaries, its substantial
shareholders, China CITIC, CLSA and the companies which are members of the same group of CLSA.
5. CSICM and CITIC Securities Company Limited will enter into a series of cross border OTC swap transactions (the “ OTC Swaps”)
with the investment managers, who act for and on behalf of certain ultimate clients (collectively, the “ CSICM Ultimate Clients”),
pursuant to which CSICM will hold the Offer Shares to be subscribed for and on behalf of the investment managers on a non -
discretionary basis to hedge the OTC Swaps while the economic risks and returns of the underlying Offer Shares are passed to the
CSICM Ultimate Clients, subject to customary fees and commissions. CSICM will not take part in any economic returns or bear any
economic losses in relation to the Offer Shares. The OTC Swaps will be fully funded by the CSICM Ultimate Clients.
--- page 32 ---
Each of the investment managers and their ultimate beneficial owner is independent from each of the Company, its subsidiaries ,
substantial shareholders, CSICM, CLSA and the companies which are members of the same group of CLSA.
6. China Southern will hold the Offer Shares in its capacity as the discretionary fund manager managing the funds whose investor s are, to
the best of China Southern’s knowledge, independent third parties of the Company, its subsidiaries, its substantial shareholders, China
Southern, HTFH and the companies which are members of the same group of HTFH.
7. PRC investors are currently not permitted under applicable PRC laws to participate directly in initial public offerings (“ IPOs”) in Hong
Kong. However, PRC investors are permitted to invest in products issued by appropriate domestic securities firms licensed to undertake
cross-border derivatives trading activities. In connection with such products, the licensed domestic securitie s firms, through their Hong
Kong affiliates, may participate in Hong Kong IPOs either as placees or cornerstone investors (the “Cross-border Derivatives Trading
Regime”).
Huatai Securities Co., Ltd. (“ Huatai Securities”), the shares of which are listed on both the Shanghai Stock Exchange (stock code:
601688) and the Stock Exchange (stock code: 6886), is one of the domestic securities firms licensed to undertake cross-border derivatives
trading activities. Huatai Securit ies entered into an ISDA agreement (the “ ISDA Agreement ”) with its indirectly wholly -owned
subsidiary, HTCI, to set out the principal terms of any future total return swap between Huatai Securities and HTCI.
HTFH is one of the Joint Bookrunners in connection with the Global Offering. Pursuant to the ISDA Agreement, HTCI, which inte nds
to participate in the Global Offering as a placee, will hold the Offer Shares on a non -discretionary basis as the single underl ying holder
under a back-to-back total return swap (the “ Back-to-back TRS”) to be entered by HTCI in connection with a Client TRS (as defined
below) placed by and fully funded (i.e. with no financing provided by HTCI) by the Huatai Ultimate Clients (as defined below), by which,
HTCI will pass the full economic exposure of the Offer Shares to the Huatai Ultimate Clients, which in effect, HTCI will hold the
beneficial interest of the Offer Shares on behalf of the Huatai Ultimate Clients. HTFH, one of the Join t Bookrunners of the Global
Offering, and HTCI are indirectly wholly -owned subsidiaries of Huatai Securities. Accordingly, HTCI is considered as a “connected
client” of HTFH pursuant to paragraph 13(7) of the Placing Guidelines.
Pursuant to the Cross -border Derivatives Trading Regime, the onshore investors (the “ Huatai Ultimate Clients ”) cannot directly
subscribe for the Offer Shares but may invest in derivative products issued by domestic securities firms licenced to undertak e cross-
border derivatives trading activities, such as Huatai Securities, with the Offer Shares as the underlyin g assets. Instead of directly
subscribing for the Offer Shares, the Huatai Ultimate Clients will place a total return swap order (the “Client TRS”) with Huatai Securities
in connection with the Company’s IPO and Huatai Securities will place a Back -to-back TRS order to HTCI on the terms of the ISDA
Agreement. In order to hedge its exposure under the Back -to-back TRS, HTCI participates in the Company’s IPO and subscribes the
--- page 33 ---
Offer Shares through placing order with HTFH during the International Offering.
To the best of knowledge of HTCI and after making all reasonable enquiries, each of the Huatai Ultimate Clients is an independent third
party of the Company, its subsidiaries, its substantial shareholders, HTCI, HTFH and the companies which are members of the same
group of HTFH.
The purpose of HTCI to subscribe for the Offer Shares is for hedging the Back -to-back TRS in connection with the Client TRS order
placed by the Huatai Ultimate Clients. Pursuant to the terms of the contracts of the Back -to-back TRS and the Client TRS, duri ng the
tenor of the Back-to-back TRS and the Client TRS, all economic returns of the Offer Shares will be passed to the Huatai Ultimate Clients
through the Back-to-back TRS and the Client TRS and all economic loss shall be borne by the Huatai Ultimate Clie nts. HTCI will not
take any economic return or bear any economic loss in relation to the Offer Shares.
Investment in the Back-to-back TRS and the Client TRS is similar to the investment in a qualified domestic institutional investor fund
(“QDII”) in the way that the Huatai Ultimate Clients would reap all the economic benefits of the underlying Offer Shares, except th at a
QDII fund would pass through the exchange rate exposure on both the notional value of the investment and the profit and loss of the
investment. In contrast, the profit and loss of the Back -to-back TRS and the Client TRS factor into account t he fluctuation in RMB
exchange rate upon termination of the Client TRS by converting the profit and loss using the current exchange rate at the tim e of
termination. As such, the Huatai Ultimate Clients would bear the exchange rate exposure of the profit and loss on settlement date.
The Huatai Ultimate Clients may exercise an early termination right to terminate the Client TRS at any time from the issue da te of the
Client TRS which should be on or after the date on which the Offer Shares are listed on the Stock Exchange. Upon the termination upon
maturity or early termination of the Client TRS by the Huatai Ultimate Clients, HTCI will dispose the Offer Shares on the sec ondary
market and the Huatai Ultimate Clients will receive a final termination amount of the Back -to-back TRS which sh ould have taken into
account all the economic returns or economic loss in relation to the Offer Shares. If upon the maturity of the Client TRS, th e Huatai
Ultimate Clients intend to extend the investment period, subject to further agreement between Huatai Securities and the relevant Huatai
Ultimate Clients, the term of the Client TRS could be extended by way of a new issuance or a tenor extension. Accordingly, Hu atai
Securities will extend the term of the Back-to-back TRS by way of a new issuance or a tenor extension.
It is proposed that HTCI will hold the legal title and the voting right of the Offer Shares by itself, and pass through the economic exposure
to the Huatai Ultimate Clients, each being an onshore client who places a Client TRS order with Huatai Securities in connection with the
IPO of the Company. Due to its internal policy, HTCI will not exercise the voting right of the Offer Shares during the tenor of the Back-
to-back TRS.
During the life of the Client TRS and Back-to-back TRS, HTCI may continue to hold the Offer Shares in its custodian account, or to hold
--- page 34 ---
some or all of the Offer Shares in a prime brokerage account for stock borrowing purposes (as further described below).
As permitted under the contractual arrangement with the Huatai Ultimate Clients, HTCI will lend out its holding of underlying Offer
Shares in the form of stock borrowing loans consistent with market practice to lower its finance costs, provided that HTCI has the ability
to call back the Offer Shares on loan at any time in order to satisfy its obligations under the Back -to-back TRS to ensure the economic
interests to be passed to the Huatai Ultimate Clients will remain unchanged.
8. A privately-offered securities investment fund established under the laws of the PRC (the “ Privately-Offered Securities Investment
Fund” or the “ CICC FT Ultimate Client ”), will enter into a cash -settled total return swap transaction with China International
Capital Corporation Limited (“ CICCL”) referencing the Offer Shares. CICCL will pass through the economic return/loss of the
relevant Offer Shares to the Privately -Offered Securities Investment Fund (the “ CICC FT TRS 1”). CICCL will simultaneously enter
into a series of back -to-back cash -settled total return swap transactions with CICC FT, whereas CICC FT will pass through the
economic return/loss of the relevant Offer Shares to CICCL (together with the CICC FT TRS 1, the “ CICC FT OTC Swaps ”); and
CICC FT will subscribe for the relevant Offer Shares. During the terms of the above transactions, all economic loss shall be borne
by the CICC FT Ultimate Client through the CICC FT OTC Swaps, and neither CICC FT or CICCL will take part in any econ omic
return or b ear any economic loss in relation to the price of the relevant Offer Shares. The CICC FT OTC Swaps are linked to the
Offer Shares and the CICC FT Ultimate Client may request CICC FT to redeem it at its own discretions, upon which CICC FT shal l
dispose of t he Offer Shares and settle CICC FT OTC Swaps in cash in accordance with the terms and conditions of the CICC FT
OTC Swaps. Despite that CICC FT will hold the title of the relevant Offer Shares by itself, it will not exercise the voting r ight in
respect of the relevant Offer Shares during the terms of the transactions above according to its internal policy. To the best of CICC
FT’s knowledge having made all reasonable inquiries, each of the CICC FT Ultimate Client and its ultimate beneficial owner is an
independent third party of the Company, its subsidiaries, its Substantial Shareholders, CICC FT, CICCL, CIC CHKS and the
companies which are members of the same group of companies as CICCHKS.
9. GF International will hold the Offer Shares in its capacity as the discretionary manager managing the following accounts and funds
on behalf of their underlying clients, each of which, to the best of GF International’s knowledge, is an independent third pa rty of the
Company, its subsidiaries, its substantial shareholders, GF International, GF Securities (Hong Kong) Brokerage and the compan ies
which are members of the same group of GF Securities (Hong Kong) Brokerage .
10. Value Partners will hold the Offer Shares in its capacity as the discretionary fund manager managing SFC -authorized and non -SFC-
authorized collective investment schemes on behalf its underlying clients, each of which, to the best of Value Partners’ knowledge, is an
independent third party of the Company, its subsidiaries, its substantial shareholders, Value Partners, GF Securities (Hong Kong)
Brokerage and the companies which are members of the same group of GF Securities (Hong Kong) Brokerage.
--- page 35 ---
11. E Fund Management will hold the Offer Shares in its capacity as the discretionary fund manager managing the funds on behalf o f its
investors, each of which is an independent third party of the Company, its subsidiaries, its substantial shareholders, E Fund Management,
GF Securities (Hong Kong) Brokerage and the companies which are members of the same group of GF Securities (Hong Kong)
Brokerage to the best knowledge and belief and after due enquiry of E Fund Management.
12. E Fund Hong Kong will hold the Offer Shares in its capacity as the discretionary fund manager managing SFC authorized collective
schemes on behalf of their investors, each of which is an independent third party of the Company, its subsidiaries, its substantial
shareholders, E Fund Hong Kong, GF Securities (Hong Kong) Brokerage and the companies which are members of the same group of
GF Securities (Hong Kong) Brokerage.
13. GF Securities AM will hold the Offer Shares in its capacity as the discretionary fund manager managing the account on behalf of its
underlying investor, which is an is an independent third party of the Company, its subsidiaries, its substantial shareholders, GF Securities
AM, GF Securities (Hong Kong) Brokerage and the companies which are members of the same group of GF Securities (Hong Kong)
Brokerage to the best knowledge and belief of GF Securities AM.
14. GFGC entered into a series of cross border delta -one OTC swap transactions (the “ OTC Swaps”) with each of the ultimate clients (the
“GFGC Ultimate Clients”), pursuant to which GFGC will hold the Offer Shares on a non-discretionary basis to hedge the OTC Swaps
while the economic risks and returns of the underlying Offer Shares are passed to the GFGC Ultimate Clients, and the OTC Swap s are
fully funded by the GFGC Ultimate Clients. To the best knowledge of GFGC, each of the GFGC Ultimate Clients and its respective
investment manager is an independent third party of the Company, its subsidiaries, its substantial shareholders, GFGC, GF Securities
(Hong Kong) Brokerage and the companies which are members of the same group of GF Securities (Hong Kong) Brokerage and no
proprietary money is used for the placing.
15. UBS AM Singapore will hold the Offer Shares in its capacity as the discretionary fund manager managing the funds on behalf of their
investors, each of which is an independent third party of the Company, its subsidiaries, its substantial shareholders, UBS AM Singapore,
UBS AG HK, UBS AG Singapore and the companies which are members of the same group of UBS AG HK and UBS AG Singapore to
the best knowledge and belief of UBS AM Singapore.
16. ICBC UBS will hold the Offer Shares in its capacity as the discretionary fund manager managing the funds on behalf of their i nvestors,
each of which is an independent third party of the Company, its subsidiaries, its substantial shareholders, ICBC UBS, UBS AG Hong
Kong, UBS AG Singapore and the companies which are members of the same group of UBS AG.
17. Everbright PGIM will hold the Offer Shares in its capacity as the discretionary fund manager managing of on behalf of their investors,
--- page 36 ---
each of which is an independent third party of the Company, its subsidiaries, its substantial shareholders, Everbright PGIM, Everbright
Securities and the companies which are members of the same group of Everbright Securities to the best knowledge and belief of Everbright
PGIM.
18. CM Fund will hold the Offer Shares in its capacity as the discretionary fund manager managing a mutual fund on behalf of their investors,
most of which are independent third parties of the Company, its subsidiaries, its substantial shareholders, CM Fund, CMBI Capital and
the companies which are members of the same group of CMBI Capital with the sole exception of CM Fund's self-owned capital with less
than 5% holdings in the fund.
19. Bosera will hold the Offer Shares in its capacity as the discretionary fund manager managing the funds on behalf of their investors, each
of which is an independent third party of the Company, its subsidiaries, its substantial shareholders, Bosera, CMBI Capital and the
companies which are members of the same group of CMBI Capital to the best knowledge and belief of Bosera.
20. Haitong AM HK will hold the Offer Shares in its capacity as the discretionary fund manager managing a fund on behalf of their investors,
each of which is an independent third party of the Company, its subsidiaries, its substantial shareholders, Haitong AM HK, Haitong
International and the companies which are members of the same group of Haitong International.
--- page 37 ---
DISCLAIMERS
Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the “Stock
Exchange”) and Hong Kong Securities Clearing Company Limited (“HKSCC”) take no
responsibility for the contents of this announcement, make no representation as to its accuracy or
completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from
or in reliance upon the whole or any part of the contents of this announcement.
This announcement is not for release, publication, distribution, directly or indirectly, in or into the
United States (including its territories and possessions, any state of the United States and the
District of Columbia). This announcement does not const itute or form a part of any offer or
solicitation to purchase or subscribe for securities in the United States. The securities mentioned
herein have not been, and will not be, registered under the United States Securities Act of 1933, as
amended (the “U.S. Securities Act”). The securities may not be offered or sold in the United States
except pursuant to an exemption from the registration requirements of the U.S. Securities Act and in
compliance with any applicable state securities laws, or outside the Unit ed States unless in
compliance with Regulation S under the U.S. Securities Act. There will be no public offer of
securities in the United States.
The Offer Shares are being offered and sold (1) solely to qualified institutional buyers as defined in Rule
144A under the U.S. Securities Act pursuant to an exemption from registration under the U.S. Securities
Act and (2) outside the United States in off shore transactions in reliance on Regulation S under the U.S.
Securities Act.
This announcement is for information purposes only and does not constitute an invitation or offer to
acquire, purchase or subscribe for securities. This announcement is not a prospectus. Potential
investors should read the Prospectus dated 19 September 2025 issued by Zijin Gold International
Company Limited for detailed information about the Global Offering described herein before
deciding whether or not to invest in the Shares thereby being offered.
*Potential investors of the Offer Shares should note that the Joint Global Coordinators (for
themselves and on behalf of the Hong Kong Underwriters) shall be entitled to terminate their
obligations under the Hong Kong Underwriting Agreement with immediate effect upon the
occurrence of any of the events set out in the section headed “Underwriting ” in the Prospectus at
any time prior to 8:00 a.m. (Hong Kong time) on the Listing Date (which is currently expected to
be on 30 September 2025).
PUBLIC FLOAT AND FREE FLOAT
Immediately following the completion of the Global Offering (before any exercise of the Over -
allotment Option), based on the Offer Price of HK$71.59 per share:
(1) 348,990,700 Shares, representing approximately 13.30% of the issued share capital of the
Company will be held in the public hands, which is higher than the prescribed percentage of
Shares required to be held in public hands of 1 0% under Rule 8.08(1) of the Listing Rules ,
satisfying the public float requirement under Rule 8.08(1) of the Listing Rules; and
(2) the Company satisfies the free float requirement pursuant to Rule 8.08A of the Listing Rules.
The Directors confirm that, immediately following the completion of the Global Offering (before any
exercise of the Over -allotment Option) (i) no placee will, individually, be placed more than 10% of
the enlarged issued share capital of the Company immediately after the Global Offering; (ii) there will
not be any new substantial Shareholder (as defined in the Listing Rules) immediately after the Global
--- page 38 ---
Offering; the three largest public shareholders of the Company do not hold more than 50% of the
Shares in public hands at the time of the Listing in compliance with Rules 8.08(3) and 8.24 of the
Listing Rules; and (iv) there will be at least 300 Shareholders at the time of the Listing in compliance
with Rule 8.08(2) of the Listing Rules.
COMMENCEMENT OF DEALINGS
Share certificates will only become valid at 8:00 a.m. on Tuesday, 30 September 2025, provided that
(i) the Global Offering has become unconditional in all respects at or before that time, and (ii) the right
of termination as described in the section headed “Underwriting” in the Prospectus has not been
exercised. Investors who trade Shares prior to the receipt of Share certificates or the Share certificates
becoming valid evidence of title do so entirely at their own risk.
Assuming that the Hong Kong Public Offering becomes unconditional at or before 8:00 a.m. in Hong
Kong on Tuesday, 30 September 2025, it is expected that dealings in the Shares on the Stock Exchange
will commence at 9:00 a.m. on Tuesday, 30 September 2025. The Shares will be traded in board lots
of 100 Shares each and the stock code of the Shares will be 2259.
By order of the Board
ZIJIN GOLD INTERNATIONAL COMPANY LIMITED
Guo Xian Jian
Chief Executive Officer and Executive Director
Hong Kong, September 29, 2025
As at the date of this announcement, the Board comprises: (i) Mr. Guo Xian Jian, Mr. Huang Zhihua
and Mr. Yiu Kai as executive directors; (ii) Mr. Lin Hongfu, Mr. Wang Chun and Mr. Jian Ximing as
non-executive directors; and (iii) Mr. Xie Shaobo, Mr. Chan Hon and Ms. Hui Lai Kwan as
proposed independent non-executive directors.
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