Movement Alert｜LINGBAO GOLD Rises 5.32% in Regular Trading, New President Appointed Ahead of Interim Results

Market Focus

Aug 24

On August 24, LINGBAO GOLD rose 5.32% in regular trading, trading at HK$26.5/share, with turnover of HK$377 million.

On the news front, LINGBAO GOLD announced on August 21 a management reshuffle, appointing Huang Yuanguang as the new President effective immediately. Huang brings over 20 years of experience in mining and advanced manufacturing. Former President He Chengqun was reassigned to Honorary President while retaining his role as Executive Director. The company stated the move aims to enhance corporate governance and advance its internationalization strategy.

The leadership transition comes just days before the board meeting scheduled for August 26 to review interim results. The company previously issued a positive profit alert, projecting H1 revenue of approximately RMB 79-81 billion and net profit of RMB 9.5-10.5 billion, representing year-over-year growth of 42%-57%. Additionally, its Xinjiang Habahe subsidiary reported gold resource reserves surging from 13.20 tons to 53.94 tons. Within the Gold sector, ZHAOJIN MINING rose 7.52%, SD GOLD gained 3.71%, and ZIJIN GOLD INTL advanced 2.93%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Huang brings over 20 years of experience in mining and advanced manufacturing. Former President He Chengqun was reassigned to Honorary President while retaining his role as Executive Director. The company stated the move aims to enhance corporate governance and advance its internationalization strategy.</p><p>The leadership transition comes just days before the board meeting scheduled for August 26 to review interim results. The company previously issued a positive profit alert, projecting H1 revenue of approximately RMB 79-81 billion and net profit of RMB 9.5-10.5 billion, representing year-over-year growth of 42%-57%. Additionally, its Xinjiang Habahe subsidiary reported gold resource reserves surging from 13.20 tons to 53.94 tons. 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It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03330","symbol_name":"灵宝黄金","start_time":0,"source_url":"","article_id":"1186381015","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1186381015","pubTimestamp":1787538114,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On August 24, LINGBAO GOLD rose 5.32% in regular trading, trading at HK$26.5/share, with turnover of HK$377 million.On the news front, LINGBAO GOLD announced on August 21 a management reshuffle,...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03330":"灵宝黄金"},"translate_title":"走势提醒|灵宝黄金常规交易上涨5.32%，中期业绩公布前任命新总裁","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03330":1},"content_text":"On August 24, LINGBAO GOLD rose 5.32% in regular trading, trading at HK$26.5/share, with turnover of HK$377 million.On the news front, LINGBAO GOLD announced on August 21 a management reshuffle, appointing Huang Yuanguang as the new President effective immediately. Huang brings over 20 years of experience in mining and advanced manufacturing. Former President He Chengqun was reassigned to Honorary President while retaining his role as Executive Director. The company stated the move aims to enhance corporate governance and advance its internationalization strategy.The leadership transition comes just days before the board meeting scheduled for August 26 to review interim results. The company previously issued a positive profit alert, projecting H1 revenue of approximately RMB 79-81 billion and net profit of RMB 9.5-10.5 billion, representing year-over-year growth of 42%-57%. Additionally, its Xinjiang Habahe subsidiary reported gold resource reserves surging from 13.20 tons to 53.94 tons. 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