Zhongjin Gold Co., Ltd.

Zhongjin Gold Corporation Limited (Zhongjin Gold) was founded on 23 June 2000 by seven investors, China National Gold Group Corporation (CNGC), CITIC Guo’an Gold Corporation, Henan Yuguang Gold & Lead Group Co., Ltd., Tibet Mining Industry Development Co., Ltd., Shandong Laizhou Gold Group Co., Ltd., Tianjin Tianbao Corporation and Tianjin Baoyin Precious Metals Co., Ltd. It issued 100 million A shares on 30 July 2003 and its shares were listed on Shanghai Stock Exchange on 14 August 2003, under the code 600489. Zhongjin Gold is the first publicity listed gold company in China’s stock market.
Zhongjin Gold consists of eight functional departments, two branch companies, four subsidiary companies and a marketing center. By the end of Sept. 2004, the amount of total assets and net assets of Zhongjin Gold is RMB 1.6 billion and 764 million respectively, The company has a mining and processing capacity of 4425 tons per day, and a smelting capacity of 480 tons per day, with an annual production of refined gold of 30 tons and annual sales revenue of RMB 346 million. Since its foundation, Zhongjin Gold has produced 87 tons of standard gold and achieved profit of RMB 280 million. Total bonus shared with the shareholders accumulated to RMB 80.38 million.

Holding the corporate value of “Sincere is gold”, Zhongjin Gold commits itself to maximizing shareholders’ value and contributing to the society. Aiming at growing faster and stronger, Zhongjin Gold has made outstanding economic and social achievements. It was elected to be “Vice-chairman of China Gold Association”, “Vice Director-general of Council of China Gold News”, “Vice-chairman of Association of Enterprises in Tianjin Free Trade Zone”. It also obtained a lot of honors and certificates over the years, such as ISO-9001, ISO-14001, OHSMS18001, CNAL certifications, “National May 1st Labor Certificate of Merit”, “Ten Excellent Companies of China Mining Industry” “National Advanced Unit for Facility Management”, “Advanced Contribution Company of the Tenth Five-year Plan of Tianjin” “Star Company”, “Top Hundred companies in Tianjin Free Trade Zone ”, and “Credit AAA company of 2004” approved by Industrial and Commercial Bank of China, Tianjin branch and Agricultural Bank of China, Tianjin branch and so on. Moreover, In June 2004, it was chosen as one of SSE180 Indexes companies; In April 2004, as the only gold stock, it was chosen as one of the first samples of “Shanghai Shenzhen 300 Indexes”.

As the first publicly listed gold mining company, Zhongjin Gold will do its best to take the financing advantage on capital market to expand its gold reserves, and by the improvement and innovation of management system, to enhance its core competitive capacity, to realize a leap over development and create the first brand in China’s gold industry.