Shandong Gold

Company profile

Founded in 1996, Shandong Gold Group is a key and major enterprise in Shandong Province and was transformed into a state-owned capital investment company in 2015. Shandong Gold Group has an advantage in the national gold industry in terms of gold output, resources and reserves, economic benefit, technical strength, intelligence, and talent. Shandong Gold Group has successively won the"China Industry Award", "National May 1st Labor Award","National Civilized Unit", "China Charity Award"and many other honors.

As a full member of the World Gold Council, Shandong Gold Group ranked 10th worldwide for gold output among gold producers in 2019 and 2020. Its subsequent inclusion in the 2025 Fortune Global 500 cements the Group's standing as an iconic and influential leader in the global gold industry. The four mines of the Group are listed into "China Top Ten Gold Mines". Moreover, Shandong Gold Group has four mines with cumulative gold production exceeding 100 tonnes each, sixteen mines capable of producing over one tonne of gold, and owns 10 gold mines with mineral resources over 100 tons; it has China’s first underground mine with an annual gold output of more than 10 tonnes; it has also successfully explored four extra-large gold deposits including Xinli, Dongfeng, Nanlv-Xinmu, and Xiling, of which the gold resources in Xiling, the largest single gold deposit in China at world-class level, reach 592 tonnes. By the end of 2024, Shandong Gold Group has 30,000 employees worldwide, with assets of RMB 225.4billion, 3,369 tons of indicated and inferred gold resources，over 2,940 tons of gold mineral resources, and more than RMB one trillion of the total value of various mineral resources.

Three companies were listed by Shandong Gold Group, including Shandong Gold Mining Co., Ltd. (600547. SH, 1787. HK) listed on the main boards of the Shanghai and Hong Kong stock exchanges, Shanjin International Gold Co., Ltd. (000975.SZ) listed on the main board of the Shenzhen Stock Exchange, and Focus Minerals Ltd. (ASX:FML) listed on the Australian Stock Exchange, achieving the capital market participation in Shanghai, Hong Kong, Shenzhen and Australia. Shandong Gold Mining Co., Ltd. has been taken as Sample Stock many times by SSE 50, SSE 180, and CSI 300, and three international indices (Mingsheng MSCI, FTSE Russell, and S&P Dow Jones). It has won China's Most Respected Listed Company by Investors, Exemplary Case of Corporate Governance, Leader in Investor Relations Management (IRM) and ESG Initiatives within the Listed Company Sector. It is currently the vice president company of China Association for Public Companies (CAPCO), and vice president company of the Listed Company Association of Shandong (SDLCA).

In order to grasp the opportunity of the new development stage, implement new development philosophy and integrate into the new development paradigm, Shandong Gold Group keeps focusing on the gold business，optimizing nonferrous metal business, stabilizing the trade of non-ferrous metals and creating its core competitiveness in an all-round way. Collecting new energies for realizing the strategic target of the 14th Five-Year Plan. In the mining field, Shandong Gold Group has led the transformation and upgrading of the industry with the construction of intelligent demonstration mines. It has built a world-class gold mining and reserves base in the northwestern Jiaodong region, Shandong Province. It has also formed a complete industry chain with exploration, mining, processing, refining and deep processing and sales of gold products. Shandong Gold Group has been leading the industry in the key core technologies of gold mining, processing and smelting, such as deep exploration, undersea mining, deep well mining and intelligent mining. Shandong Gold Group has built mineral resource bases in eleven provinces and regions, including Inner Mongolia, Fujian and Hainan for the mining, processing, smelting and trading of metal resources (gold, silver, lead, zinc, copper, iron, etc). To enhance global competitiveness, Shandong Gold Group has also entered such countries as Argentina, Australia, Canada, Ghana and Namibia for mining development and M&A opportunities. Taking Shanghai as the focus, Shandong Gold Group optimizes the industrial layout and accelerates the transformation of development models, while actively promotes the construction of “Financial and Trade Center of the Gold Industry Chain” based in Jinan, and creates a “Non-Standard Gold Trade Distribution Center” and factor market with international influence.Taking Hong Kong as the focus, Shandong Gold Group aims to facilitate the coordination of domestic and international markets, establish channels for cross-border capital flows, and enable a virtuous cycle of funds, resources, and capital. Furthermore, Shandong Gold Group will leverage Hong Kong's unique position as a gateway and bridge between different markets.

In the future, Shandong Gold Group will build close cooperative relationships with domestic and foreign partners to be a world-class enterprise with excellent technology management and sustainable development.