Lingbao Gold Group Co., Ltd. (“Lingbao Gold” or the “Company”) and its subsidiaries (collectively, the “Group”) have been listed on the main board of the Hong Kong Stock Exchange Limited (“Stock Exchange”) since January 12, 2006. The Group is a comprehensive gold enterprise in the People's Republic of China (“China”), mainly engaged in gold mining, smelting and refining, and the Group's products are gold, silver, copper products and sulfuric acid. The Group is a standard gold ingot manufacturer approved by the Shanghai Gold Exchange. The Group's mining resources are located in Henan, Xinjiang, Jiangxi, Inner Mongolia, Gansu and the Kyrgyz Republic (“Kyrgyzstan”), respectively, with 35 mining rights and exploration rights, with a total exploration area of 216.51 square kilometers. The total amount of gold reserves was about 137.40 tons (about 4,417,346 ounces) as of December 31, 2023. The gold reserves and resources report is prepared according to China's GB/T17766-2020 “Classification of Solid Mineral Resources/Reserves”, GB/T13908-2020 “General Rules for Geological Exploration of Solid Minerals” and DZ/T0205-2020 “Standard Rock and Gold Mine for Mineral Geological Exploration”. In 2023, the Group produced approximately 22,565 kilograms (about 725,476 ounces) of gold ingots, while basic and diluted earnings per share for the year ended December 31, 2023 were RMB 32.35 cents. The Group's future strategic goal is to continue to work hard to become a leading gold enterprise in China and gradually increase the Group's popularity in the international market. In the future, the Group will concentrate on prospecting and expanding the scale of mine production, and continue to acquire potential gold resources.
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