Zijin Gold International publishes prospectus for Hong Kong spin-off

Zijin Gold International Company Limited, a subsidiary of Zijin Mining Group Co., Ltd., has published its prospectus on September 19, 2025, in connection with its proposed spin-off and Global Offering on the Hong Kong Stock Exchange. The prospectus details the Global Offering and other business and financial information. The offer price for Zijin Gold International Shares is set at HK$71.59 per share, exclusive of various fees.

The Global Offering will consist of 348,990,700 Zijin Gold International Shares, assuming the over-allotment option is not exercised, representing approximately 13.30% of shares in issue post-offering. If the over-allotment option is fully exercised, 401,339,300 shares will be offered, representing approximately 15.00%. The market capitalization is expected to be approximately HK$187.9 bn if the over-allotment option is not exercised. Zijin Mining Group will retain approximately 86.70% ownership of Zijin Gold International post-offering.

Qualifying H Shareholders of Zijin Mining Group will be offered an Assured Entitlement of 17,449,600 Reserved Shares in the Preferential Offering, representing 5.0% of the initially available Global Offering shares. The basis for this entitlement is one Reserved Share for every integral multiple of 344 H Shares held on the record date, September 18, 2025. Investors are cautioned that the Overseas Listing may not proceed and should consult professional advisers.