Shandong Gold Mining Co.Ltd(600547) 4 April 11 announced the first quarter earnings forecast. According to the preliminary calculation, the net profit attributable to the shareholders of the listed company in the first quarter of 2022 is expected to be about 315 million yuan, an increase of about 644 million yuan compared with the same period of the previous year (after retroactive adjustment), turning losses into profits year-on-year. At the same time, when accepting the investigation of institutional investors, the company said: in 2022, the company will steadily expand outside and inside, and accelerate the integration of resources from three aspects.
Affected by the policy safety inspection and rectification of non coal mines in Shandong Province, the company suffered a loss in the first quarter of 2021. During this period, the company strengthened the guidance of strategic planning, comprehensively strengthened lean management, accelerated resource integration, paid strict attention to safety and environmental protection, and efficiently promoted reform and innovation. Since the second half of last year, with the promotion of resumption of work and production, the company’s gold output has gradually increased and its performance has gradually improved. In the first quarter of 2022, the company successfully achieved a “good start”.
It is understood that the company’s production and operation plan this year is that the gold output is no less than 39.267 tons, while the company’s mineral gold output in 2021 is only 24.781 tons. At present, the overall recovery of the company’s main mines outside China is good, which will support the realization of the company’s business plan. The output of the overseas mine belladro gold mine in Argentina decreased to a certain extent last year due to the epidemic and the construction of heap leaching projects. The output this year is expected to be higher than that in 2021.
According to the plan of “expanding resources”, the company will further improve the output of overseas enterprises and steadily improve the management level of overseas resources in 2026 five years. Specifically, we will promote resource integration from three aspects. First, firmly grasp the strategic opportunity period for the integration of gold resources in Shandong Province, actively participate in the integration of gold resources in Shandong Province, and vigorously promote the construction of major projects; Second, in areas outside the province, relying on the company’s existing mines, carry out project investigation and screening of its surrounding areas and important metallogenic belts, speed up the merger and reorganization of high-quality gold resources projects, and give full play to the synergy of local mines for merger, acquisition and integration; Third, further improve the operation and management level of overseas mining enterprises, pay close attention to prospecting and increasing reserves, and optimize technical transformation measures to ensure the steady increase of overseas mine output.
With regard to the asset injection of the controlling shareholder, the company said that the controlling shareholder Shandong Gold Mining Co.Ltd(600547) Group Co., Ltd. currently has two types of gold assets: one is high-quality gold mining enterprises in production, such as hainanshan gold and Songxian mountain gold, and the other is the mining rights and exploration rights that have not been constructed and put into operation Shandong Gold Mining Co.Ltd(600547) Group continues to sort out and rectify the land, real estate, resources and other problems involved in the above assets, so as to improve the relevant warrants and make them meet the conditions for injection into listed companies. After rectification and improvement, the relevant work of injection into listed companies will be promoted.
According to the information disclosed by the company’s controlling shareholder Shandong Gold Mining Co.Ltd(600547) group, Shandong Gold Mining Co.Ltd(600547) group plans to achieve sales revenue of 200 billion yuan, profit of 8 billion yuan, mineral gold output of 80 tons and resource reserves of more than 3000 tons by 2025, which is the end of the 14th five year plan.
