Datang Tongjin is one of the most active listed companies listed on the Hong Kong Stock Exchange. Datang Tongjin's main business is mining ore in China's “Little Qinling” gold producing area (the sixth largest gold producing region in the world) and investing in a gold mining company listed in Australia. Datang Tongjin and its subsidiaries (the “Group”) have a simple and clear vision, aiming to upgrade Datang Tongjin to become a major medium global gold producer. In order to achieve this ideal, Datang Tongjin adopted three goals and led Datang Tongjinda to achieve its vision, which are as follows: 1. Expanding production capacity: Datang Tongjin will continue to expand production capacity to enhance its profitability and operating cash flow, and will also introduce advanced mining and mineral processing technology to increase productivity and maximize return on investment. 2. Increase gold reserves and resources: By continuing to carry out continuous exploration plans in existing mining areas, Datang Tongjin will focus on discovering high-quality gold resources during recent production to ensure cost-effective and timely drilling, and strive to increase gold reserves and resources and extend the use period of the mining area. 3. Achieving growth through mergers and acquisitions: Datang Tongjin enhances the operating gold assets of its existing mining business through acquisitions and actively explores growth opportunities. The Group is now strategically integrating gold projects in China, Australia and South Africa in the world's top three gold producing regions. Datang Tongjin's main gold mining project at present, the Taizhou Gold Mine, is located in Tongguan County, Shaanxi Province, in the western section of the famous Xiaoqinling Gold and Silver Mining Rich Belt. This area is the second largest gold producing area in China.
No Data