Another overseas acquisition success! ZHAOJIN MINING successfully completed the strategic acquisition of the Komahun Gold Mine in West Africa

ZHAOJIN MINING completed the acquisition of 60% equity of West Gold Mining for 180 million yuan, indirectly holding the Kamakong gold mine. The Kamakong gold mine is located in Sierra Leone, Africa, with a good ore-forming geological structure and significant exploration potential. This acquisition is beneficial for ZHAOJIN MINING to expand its presence in the African mining market, achieve economies of scale, and support the construction of the "Belt and Road" initiative between China and Africa. ZHAOJIN MINING is a comprehensive gold producer and gold smelting company, with an operating income of 8.424 billion yuan and a net profit of 838 million yuan in 2023