Shandong Gold Mining (01787) is expected to achieve a net profit attributable to shareholders of approximately 4.6 billion to 4.9 billion in 2025, an increase of 56% to 66% year-on-year.

Shandong Gold Mining (01787) announced that, based on preliminary calculations, the company is expected to achieve a net profit attributable to the owners of the parent company of RMB 4.6 billion to RMB 4.9 billion in 2025, an increase of RMB 1.6 billion to RMB 1.9 billion compared to the same period last year, representing a year-on-year increase of 56% to 66%. It is expected that the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses in 2025 will be RMB 4.8 billion to RMB 5.1 billion, an increase of RMB 1.8 billion to RMB 2.1 billion compared to the same period last year, representing a year-on-year increase of 60% to 71%. In 2025, the company will optimize its production layout, improve production efficiency and resource utilization, and coordinate project construction to achieve synergies. With the additional factor of the rising gold price, profits are expected to increase year-on-year. The company will continue to focus on steady progress and long-term sustainable development while seizing opportunities presented by high gold prices, strengthening its foundation for further development, and accumulating momentum for growth. The company will increase investment in productive projects such as Well and Tunnel Exploitation, continue to strengthen deep and peripheral exploration in mines, and scientifically improve the progress of mine construction projects under development. It will also adjust the marginal grade of mines, fully utilize low-grade ore resources, gradually transition from outsourced mining operations to self-operated, increase investment in intelligence, build a strong workforce, and enhance safety levels. These measures will help drive the company towards more sustainable and healthy long-term development, laying a solid foundation for high-quality development during the "15th Five-Year Plan" period.