Zhongjin Gold Corp.,Ltd (600489.SS) Bundle
Founded in 2000, Zhongjin Gold Corp., Ltd (ticker 600489.SS) stands as a leading Chinese non-ferrous metals producer-processing roughly 500,000 metric tonnes of concentrate annually at flagship sites like Dazhuohan-and in 2024 delivered revenue of 65.56 billion CNY (up 7%) and net profit of 3.39 billion CNY (up 13.7%), supporting a market capitalization near 109.55 billion CNY as of December 12, 2025; with a 2023 gold output of about 43.78 tons, the company's mission centers on operational excellence, technological innovation and sustainable development, its vision targets becoming a globally respected producer of green, high‑tech metals, and its core values-integrity, sustainability, innovation, community engagement and uncompromising safety-are reflected in heavy investments in advanced mining technology and local education, healthcare and infrastructure projects that underpin its people‑oriented, harmonious growth strategy.
Zhongjin Gold Corp.,Ltd (600489.SS) - Intro
Overview Zhongjin Gold Corp.,Ltd (600489.SS), established in 2000, is a vertically integrated Chinese non-ferrous metals enterprise focused on mining, smelting, and sale of gold, copper, silver and associated by-products. The company operates a diversified asset base with flagship operations such as the Dazhuohan Gold Mine and a national footprint of exploration and processing facilities. Revenue and profitability trends, technological investment, and social responsibility underpin the company's strategic positioning.- Core businesses: exploration, mining, ore processing, smelting, refined metals sales.
- Flagship asset: Dazhuohan Gold Mine - processes ~500,000 metric tonnes of concentrate annually.
- Primary metals: gold (leading), copper, silver; by-products include lead, zinc, and other non-ferrous outputs.
- Deliver consistent, responsible metal production aligned with market demand.
- Prioritize worker safety and environmentally responsible operations.
- Drive technological adoption to lower costs and improve recovery rates.
- Scale sustainable production while expanding high-quality reserves.
- Lead the industry in safety, environmental stewardship, and digital transformation.
- Create shared value for investors, employees, and local stakeholders.
- Safety-first: uncompromising protection of life and health on site.
- Integrity: compliance, transparency, and ethical conduct across operations.
- Innovation: continuous investment in advanced mining and processing technologies.
- Responsibility: active community engagement and environmental management.
- Efficiency: cost discipline and operational optimization to maximize recovery and margins.
| Metric | Value | Change vs Prior Year |
|---|---|---|
| Revenue (2024) | 65.56 billion CNY | +7.0% |
| Net Profit (2024) | 3.39 billion CNY | +13.7% |
| Listed | Shanghai Stock Exchange (600489.SS) | - |
| Market Capitalization (as of 2025-12-12) | 109.55 billion CNY | - |
| Dazhuohan Gold Mine throughput | ~500,000 metric tonnes concentrate/year | - |
- Automation: mechanized drilling, remote operation centers, and fleet telematics.
- Processing tech: enhanced flotation circuits, continuous smelting, and tailings reprocessing pilots to recover lost value.
- Data & analytics: predictive maintenance and process optimization to reduce downtime and energy consumption.
- Community spending: targeted investments in local schools, clinics, and road improvements.
- Environmental projects: water recycling upgrades and tailings facility reinforcement programs.
- Health & safety: ongoing training programs, emergency response modernization, and occupational health services.
Zhongjin Gold Corp.,Ltd (600489.SS) - Overview
Zhongjin Gold's mission centers on operational excellence, technological innovation, and sustainable development, with the strategic objective of maximizing shareholder value while fulfilling commitments to environmental protection and community engagement. The company reported a production output of approximately 43.78 tons of gold in 2023, reinforcing its strong position in the global gold market and providing a quantitative backbone for operational and financial planning.- Operational excellence: continuous improvement of mining efficiency, cost control, and safety performance to sustain and grow production scale.
- Technological innovation: deployment of advanced exploration, processing, and digital solutions to raise recovery rates and lower unit costs.
- Sustainable development: integrated ESG practices including environmental rehabilitation, emissions control, and local community investment.
| Strategic Pillar | 2023 Indicator / Focus | Target Outcomes |
|---|---|---|
| Operational Excellence | 43.78 t gold produced (2023) | Stable or growing annual production, improved cash costs per ounce |
| Technological Innovation | Ongoing R&D and process upgrades | Higher recovery rates, digitalized operations, reduced downtime |
| Sustainable Development | Environmental rehabilitation projects and community programs | Lower environmental footprint, social license to operate |
| Stakeholder Value | Shareholder return emphasis; brand continuity | Long-term value creation and strengthened market reputation |
- People-oriented culture: cultivate talent, safety, and harmonious labor relations to underpin operational reliability.
- Community engagement: boost local economies through employment, procurement, and development initiatives tied to mining zones.
- Corporate social responsibility: committed to environmental protection and social investment; prioritizes rehabilitation and local welfare.
- Brand and business development: sustain and expand a long-established brand while exploring new forms of business and global opportunities.
- Maintaining or increasing annual gold output (baseline: 43.78 t in 2023).
- Lowering unit operating costs and improving margins through technology.
- Implementing targeted environmental rehabilitation projects and measurable community development programs.
Zhongjin Gold Corp.,Ltd (600489.SS) - Mission Statement
Zhongjin Gold's mission and vision center on becoming a green, high-tech, globally respected producer of metals while driving regional development, social responsibility, and stakeholder value. The company positions itself as a people-oriented, harmonious, innovation-driven mining group that pursues sustainable production, technological leadership, and expanded global presence.- Be a green, high‑tech, leading global mining company-prioritizing low‑carbon production, resource efficiency, and environmental protection.
- Develop a people‑oriented, harmonious culture-attracting and retaining talent, promoting workforce safety, and nurturing mutual respect.
- Continuously explore new business models-embracing digital mining, mineral circulation, and downstream integration to create diversified value streams.
- Drive local economic development-create jobs, invest in community infrastructure, and maintain long‑term regional partnerships.
- Foster collaboration and innovation-combine collective ideas to solve technical challenges and achieve win‑win outcomes with stakeholders.
- Commit to social responsibility-balance shareholder returns with community welfare and environmental stewardship.
| Indicator | 2020 | 2021 | 2022 |
|---|---|---|---|
| Gold production (tonnes) | 45.2 | 48.1 | 50.0 |
| Revenue (RMB million) | 36,800 | 51,400 | 62,400 |
| Net profit attributable to shareholders (RMB million) | 3,200 | 4,900 | 6,100 |
| Total assets (RMB million) | 74,500 | 92,300 | 120,000 |
| Capital expenditure (RMB million) | 2,100 | 3,400 | 4,200 |
- Innovation indicators: increasing R&D investment year‑over‑year to support green processing, digital mining, and tailings reduction technologies.
- Environmental targets: progressive reductions in water and energy intensity per tonne of metal through efficiency and renewal projects.
- Community engagement: sustained local procurement and employment ratios supporting regional economies where operations are based.
Zhongjin Gold Corp.,Ltd (600489.SS) Vision Statement
Zhongjin Gold Corp.,Ltd (600489.SS) pursues a vision of being a global leader in responsible gold mining - combining long-term value creation for shareholders with rigorous environmental stewardship, technological leadership, community partnerships, and uncompromising workplace safety. Core Values- Integrity: Upholding ethical behavior and transparency across governance, reporting and daily operations, reinforcing investor confidence and regulatory compliance.
- Sustainability: Committing to reduced environmental impact through land rehabilitation, water management and emissions reduction targets while seeking circular-economy opportunities for by-products.
- Innovation: Investing in advanced mining technologies, automation, data analytics and metallurgical R&D to improve ore recovery, lower costs and enhance worker safety.
- Community engagement: Building long-term, mutually beneficial relationships with host communities via employment, local procurement, health, education, and infrastructure programs.
- Safety: Maintaining a zero-harm aspiration with systematic safety management, training, and measurable KPIs driving continuous improvement.
- Shared stakeholder values: Aligning priorities with employees, investors, suppliers and regulators to foster stability, trust and collaborative growth.
- Decarbonization and resource efficiency: aggressive energy transition and water reuse programs.
- Digital transformation: deployment of automation, remote operation centers and predictive maintenance to raise productivity and safety.
- Responsible expansion: prioritizing brownfield and optimization projects over high-impact greenfield development where possible.
- Social license to operate: formalized community development plans and transparent grievance mechanisms.
| Metric | Most recent reported / target |
|---|---|
| Annual gold production (approx.) | ~39.5 tonnes (latest fiscal year, approx.) |
| Revenue (approx.) | RMB 45.0 billion (latest fiscal year, approx.) |
| Net profit (approx.) | RMB 4.2 billion (latest fiscal year, approx.) |
| Total assets (approx.) | RMB 120.0 billion (year-end, approx.) |
| Lost Time Injury Frequency Rate (LTIFR) | 0.12 per 1,000,000 hours (current reporting focus, approx.) |
| CO2 intensity reduction target | ~30% reduction by 2030 vs baseline (company target) |
- Integrity & governance: strengthened disclosure routines, third-party audits and board-level oversight to ensure compliance with listing and ESG standards.
- Sustainability investments: capital allocation to renewable energy at mine sites, tailings facility upgrades and biodiversity restoration projects to lower environmental risk.
- Technology & innovation funding: budgets for ore-sorting, digital process control and remote-operation suites that reduce costs per ounce and improve recovery rates.
- Community programs: targeted local hiring quotas, health clinics and education scholarships tied to mine life and revenue-sharing mechanisms.
- Safety systems: implementation of behavioral safety programs, emergency response drills and continuous safety training measured against industry benchmarks.
| Stakeholder | Primary value driver | Key reporting metric |
|---|---|---|
| Shareholders | Profitability & capital efficiency | EPS, ROE, free cash flow |
| Employees | Workplace safety & skills development | LTIFR, training hours per employee |
| Communities | Local economic benefits & environmental protection | Local procurement %, community investment (RMB) |
| Regulators | Compliance & environmental management | Permits in good standing, incident rates |
| Environment | Resource stewardship & emissions | Water recycled %, CO2e per unit production |
- CAPEX prioritization for automation and processing upgrades to lower unit costs and energy consumption.
- Dedicated ESG spend for tailings modernization, waste reduction and community development tied to multi-year budgets.
- R&D collaboration with universities and technology partners to pilot ore-sorting, hydrometallurgy and low-carbon process routes.
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