Shandong Gold Mining Co., Ltd. (the “Company”) issued the 2024 Tracking Rating Report on May 28, 2024. The report was produced by China Integrity International Credit Rating Limited (ZHCM International) and published on the Shanghai Stock Exchange website. The report shows that Shandong Gold's core credit rating remains at AAA and is expected to be stable, and its issuance of “Lukin KY01,” “Lukin KY02” and “24 Lukin K1” bonds is also rated AAA. The rating results reflect the advantages of Shandong Gold in terms of its rich gold reserves, significant economies of scale, continued production growth and smooth financing channels. At the same time, China China is also concerned about the impact on its business and overall credit situation of factors such as gold price volatility...Show More

Shandong Gold Mining Co., Ltd. (the “Company”) issued the 2024 Tracking Rating Report on May 28, 2024. The report was produced by China Integrity International Credit Rating Limited (ZHCM International) and published on the Shanghai Stock Exchange website. The report shows that Shandong Gold's core credit rating remains at AAA and is expected to be stable, and its issuance of “Lukin KY01,” “Lukin KY02” and “24 Lukin K1” bonds is also rated AAA. The rating results reflect the advantages of Shandong Gold in terms of its rich gold reserves, significant economies of scale, continued production growth and smooth financing channels. At the same time, China China is also concerned about the impact on its business and overall credit situation of factors such as gold price volatility, corporate capital expenditure and external acquisitions that increase the size of its debt. The report mentions that Shandong Gold Group Limited is the holding shareholder of the company and provides the company with greater support in the areas of gold resource injection, asset integration, etc. In addition, the report includes financial data and operating situation of the company, as well as comparative analysis with its peers.