Zhaojin Mining (01818) announced interim results. Profit attributable to shareholders of 1,578 billion yuan increased 9.61% year-on-year

According to the Zhitong Finance App, Zhaojin Mining (01818) announced interim results for the six months ended June 30, 2026. The group obtained revenue of RMB 9.022 billion (same unit), an increase of 29.38% over the previous year; profit attributable to owners of the parent company was 1,578 billion yuan, an increase of 9.61% year on year; profit per share was 0.42 yuan.

Looking back at this period, the domestic mine production safety supervision situation continued to become stricter and tighter, supervision and inspection efforts were fully upgraded, and international gold prices were drastically revised. During the superposition period, two production safety accidents occurred in mines under the Group, and the Group's operations faced multiple pressures. As of June 30, 2026, the mine involved was still in a state of discontinuation. The company's production mine was affected by the accident, production capacity growth stagnated in stages, output scale contracted, and production and operation were under pressure.

Faced with the severe and complex internal and external situation, all employees of the Group made concerted efforts and responded positively, fully implemented various measures for risk prevention and control, correction of shortcomings, stable production and stable operation, and took more measures to hedge against various types of operating pressure. In the first half of the year, the Group's overall production and operation were smooth and orderly, and the fundamentals of operation remained stable.

During this period, the Group continued to increase investment in mineral resource exploration, investing 92 million yuan in geological prospecting, and steadily improving the quality and scale of resource reserves. Drilling in the northern part of the Dayingezhuang mining area discovered thick ore bodies, achieving a major breakthrough in regional prospecting. Prospecting results in target areas such as Jinwang Mining and Jinzhi Mining have been remarkable. During this period, the Group added 28.46 tons of gold metal to prospecting, consolidating the medium- to long-term resource base. In terms of external resource expansion, the Group adheres to the internal and external resource layout strategy, completed the acquisition of prospecting rights in the periphery of Zhaojin Baiyun in China, auctioned to obtain prospecting rights at the Wasunjia in Zhaoyuan City, Shandong Province, and continuously enhanced its resource reserve capacity.