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Changes in Hong Kong stocks | China Jinshi (01380) once rose more than 47% to expand production capacity at the Zhangjiaba mine and actively resume mining operations
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The Zhitong Finance App learned that China Goldstone (01,380) once rose by more than 47%. As of press release, it had risen 30.95% to HK$0.275, with a turnover of HK$362,500.

According to the news, recently, China Jinshi issued an announcement regarding the company's interim report for the six months ended June 30, 2026. The company revealed in the report that limestone mining at the Zhangjiaba mine (a beige marble mine located in Jiangcun, Xiangxiang Town, Jiangyou City, Sichuan Province, China) was temporarily delayed until the mining license was renewed. Since the mining license at the Zhangjiaba mine was successfully renewed on August 10, 2026, the Group has been actively resuming mining operations and advancing a strategic plan to expand production capacity at the Zhangjiaba mine.

To facilitate this expansion, the Group has begun relevant preliminary preparations with the Sichuan Provincial Emergency Management Department, and the relevant application was submitted on October 30, 2026. The Group currently expects to obtain approval for the updated safety facility design by the end of January 2027. After obtaining approval for the design, the Group will commence construction of the 3.5 million ton expansion project, which is expected to take about 3 to 4 months. The board of directors believes that implementing the capacity expansion plan will benefit the long-term development of the Zhangjiaba mine.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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