NewsFlash / Cobalt & Lithium / Zijin Mining Plans to Spin Off and List Zijin Gold International in Hong Kong
Zijin Mining Plans to Spin Off and List Zijin Gold International in Hong Kong
iconMay 29, 2025 17:36
Source:SMM
[Leading Lithium Miner Plans to Spin Off Subsidiary for Listing in Hong Kong] On May 26, Zijin Mining Group Co., Ltd. (hereinafter referred to as "Zijin Mining") announced that it intends to spin off its holding subsidiary, Zijin Gold International Co., Ltd. (hereinafter referred to as "Zijin Gold International"), for listing on the Main Board of the Hong Kong Stock Exchange. The offering will be conducted through a Hong Kong public offering and international placement. The number of shares to be issued in this spin-off and listing will not exceed 15% of the total share capital of Zijin Gold International after the issuance (before the exercise of the over-allotment option). Prior to the implementation of this spin-off, Zijin Mining intends to restructure and integrate multiple overseas gold mine assets under its control into Zijin Gold International. The relevant restructuring work is currently still in progress.

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