The Zhitong Finance App learned that Wanguo Gold Group (03939) rose nearly 5% in early trading. As of press release, it rose 4.99% to HK$13.68, with a turnover of HK$112 million.

According to the news, on September 16, the crushing system of the Jinling Gold Mine Immersion Plant was officially launched and tested with complete success. This is another key milestone in project construction following the peak of installation of core main equipment in the first half of the year. It marks that the Jinling Gold Mine 15 million tons/year production expansion project has officially entered the process system commissioning stage, and the overall construction progress continues to exceed expectations.

China Merchants Securities previously released a research report stating that the company owns the Jinling Gold Production Mine in Solomon Islands, with excellent project resource endowments. The production capacity of the Jinling Mine flotation plant is being expanded from 3.5 million tons/year to 13.5 million tons/year, and the increase in production expansion is outstanding. At the same time, Zijin Mining became one of the main shareholders of the company through a wholly-owned subsidiary. The cooperation between the two parties helps share experiences and supports the Jinling project in overseas mining technology and mine operations.

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