Shandong Gold Mining completes H-share placement, raises HK$3.89bn

Shandong Gold Mining Co., Ltd. announced the completion of its H-share placement on September 9, 2025. A total of 136,500,000 new H shares were placed to at least six subscribers at HK$28.58 per share. This placement represents approximately 15.89% of the company's existing H shares and 3.05% of its total shares before the completion. The net proceeds from this placement, after deducting commissions and expenses, amounted to approximately HK$3,892.42m.

The completion of this placement increased the company's total issued shares from 4,473,429,525 to 4,609,929,525. Specifically, total H shares increased from 858,986,178 to 995,486,178, while A shares remained unchanged. Shandong Gold Group and its concert parties did not participate, leading to a passive dilution of their combined shareholding from 45.36% to 44.02%. The company will proceed with the necessary filings as per regulatory requirements.