Zhaojin Mining Industry Company Limited Zhaojin Mining Industry Company Limited (HKEX:1818), an investment holding company incorporated in the People's Republic of China (PRC) on 16 April 2004 and headquartered in Zhaoyuan city, Shandong Province, engages in the exploration, mining, processing, smelting, and sale of gold and other metallic products primarily in China with expanding international presence. The company operates through three main segments—Gold Operations, Copper Operations, and Others—producing principal products including standard Au9999 and Au9995 gold bullions under the Zhaojin brand; copper concentrates and cathode copper; as well as sulphur ore processing, ceramic materials, wear-resistant steel balls, and ancillary services such as engineering design, freight transportation, construction, material trading, technical advisory, financial services, and accommodation. Zhaoyuan, known as the "Gold Capital of the PRC" by the China Gold Association, underpins its operations in a resource-rich area accounting for about 10% of China's remaining gold resources, with the company holding 49.50 million ounces of gold mineral resources and 16.64 million ounces of recoverable gold reserves as of late 2024 under JORC standards. Recent developments include a 2022 strategic investment by Zijin Mining Group Co Ltd Zijin Mining Group Co Ltd, which acquired a 20% stake to become the second-largest shareholder, enhancing synergies in gold production and projects like the Haiyu Gold Mine; a successful 2024 takeover bid for ASX-listed Tietto Minerals Ltd valued at A$733 million, expanding overseas gold assets including the Komahun gold mine; and a June 2024 acquisition of a 60% stake in the Kowloon gold mine for CNY 180 million; alongside a November 2025 voluntary announcement of a strategic collaboration memorandum with Ant Digital Technologies for digital advancements. The company maintains subsidiaries, joint ventures, and associates across major PRC gold regions and pursues global resource consolidation to boost reserves, output, and profitability as one of China's top gold producers.