[SMM News] Shandong Gold is suspended for the whole day today. Rumors in the industry are related to mergers and acquisitions.

Publicado: Sep 30, 2020 10:37

SMM9 on March 30: according to the announcement of the Shanghai Stock Exchange, the important matters of Shandong gold were not announced, and trading was suspended for the whole day on September 30. For the sudden suspension of trading, there are investment speculation that foreign gold giants may be introduced, and some investors say that during this period, the company's share price has continued to decline, large funds continue to leave, or smell danger in advance.

According to the HKEx notice, trading will be suspended briefly from 09:00 this morning, pending the publication of an announcement containing inside information on the company in accordance with the Hong Kong Code on Takeovers and mergers. Or related to mergers and acquisitions, the specific reasons need to wait for Shandong Gold to issue a new announcement.

Chen Yumin, party committee secretary and chairman of Shandong Gold Group, said at the Shandong Gold Strategic Development Exchange a few days ago that since the 13th five-year Plan, Shandong Gold has achieved the goal of doubling the average annual income of employees two years ahead of schedule than in 2010. achieve the strategic goal of having a market capitalization of more than 100 billion yuan, exceeding the expected profit target and entering the top 10 in the world one year ahead of schedule. Business performance has increased significantly. In 2019, gold output, operating income, total profits, asset scale and per capita income of employees increased by 33%, 13%, 31%, 47% and 63.7% respectively compared with the end of the 12th five-year Plan, and the amount of gold resources retained reached 1900 tons, which can meet 40 years of production. Looking forward to the 14th five-year Plan, Chen Yumin said that he wanted to ensure that Shandong gold would be rebuilt during the 14th five-year Plan.

Declaração sobre a Fonte de Dados: Com exceção das informações publicamente disponíveis, todos os demais dados são processados pela SMM com base em informações publicamente disponíveis, comunicação de mercado e com base no modelo de base de dados interna da SMM. São apenas para referência e não constituem recomendações para a tomada de decisão.

Para quaisquer perguntas ou para obter mais informações, entre em contato: lemonzhao@smm.cn
Para mais informações sobre como aceder aos nossos relatórios de investigação, entre em contato:service.en@smm.cn
[SMM News] Shandong Gold is suspended for the whole day today. Rumors in the industry are related to mergers and acquisitions. - Shanghai Metals Market (SMM)