[Zijin Mining Plans to Spin Off Overseas Gold Mine Assets for Listing] Zijin Mining recently announced its plan to restructure its overseas gold mine assets under its wholly-owned subsidiary, Zijin Gold International Limited, and apply for a spin-off listing on the Main Board of the Hong Kong Stock Exchange. This restructuring involves several world-class large-scale gold mines located in South America, Central Asia, Africa, and Oceania. After the spin-off, Zijin Mining and Zijin Gold International will remain independent entities. The spin-off aims to accelerate Zijin Mining's internationalization process, enhance the competitiveness of its gold business segment, broaden channels for international investors, reduce overseas operational risks, and drive the revaluation of asset values by leveraging the upward cycle of gold prices. After the listing, Zijin Gold International will remain a holding subsidiary of Zijin Mining, and the spin-off listing will significantly enhance the overall value of Zijin Mining and its shareholders' value.
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