- CEO
- Xin Gong Ou
- Full Time Employees
- 2,085
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- North Tower Beijing BE China 100020
- IPO Date
- Jun 8, 2000
- Business
- Shanjin International Gold Co., Ltd. Shanjin International Gold Co., Ltd. (000975.SZ) engages in the exploration, mining, processing, and trading of precious and non-ferrous metal ores primarily in China, with expanding overseas operations. The company produces gold (including doré gold and alloy gold containing silver from mines such as Heihe Luoke, Jilin Banmiaozi, Qinghai Dachaidan, and Mangshi Huasheng), lead concentrates (including silver), zinc concentrates (including silver) from its Yulong polymetallic mine, and silver; it also conducts metal trading through Shanghai Shenghong Rongxin, utilizing financial instruments for risk management. Shanjin International Gold Co., Ltd. operates six mining enterprises across regions including Heilongjiang, Jilin, Qinghai, Yunnan, and Inner Mongolia in China, plus the Osino Gold Exploration and Mining (Pty) Ltd. subsidiary in Namibia focused on the Twin Hills gold project, Ondundu, and Eureka exploration areas; founded in 1999 and headquartered in Beijing, it listed on the Shenzhen Stock Exchange in 2000. In recent developments, the company changed its name from Yintai Gold Co., Ltd. in July 2024, completed the acquisition of 100% equity in Osino Resources for approximately 368 million Canadian dollars in August 2024 to mark its first major overseas expansion, received Shandong Gold as its largest shareholder with a 28.89% stake in 2023, and acquired Mangshi Huasheng Gold Mine in 2021 to bolster domestic gold resources. These moves enhance its resource base, with reported reserves of 277.23 tonnes of gold and 7,933 tonnes of silver as of end-2024, annual production of 8.04 tonnes of gold and 196.05 tonnes of silver, and a net profit of 21.73 billion yuan, positioning it as a leading player ranking sixth in gold output and fourth in net profit among China's listed gold producers.