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Zhongjin Gold Corp.,Ltd. (600489.SH): Chairman Lu Jin resigns.
GeLongHui, August 23rd - Zhongjin Gold Corp.,Ltd. (600489.SH) announced that the board of directors recently received the written resignation report submitted by Mr. Lu Jin, the chairman of the company. Due to personal reasons, Mr. Lu Jin resigned from the positions of chairman of the seventh board of directors, director, chairman of the board's global strategy committee, and committee member. After resigning, Mr. Lu Jin will no longer hold any position in the company. Mr. Lu Jin has no disagreements with the board of directors, and there are no other matters to be brought to the attention of the company's shareholders.
Express News | Zhongjin Gold Says Lu Jin to Resign From Chairman Most Due to Personal Reasons
Zhongjin Gold Corp.,Ltd's (SHSE:600489) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
China Galaxy Securities: Macro expectations and fundamentals weakened, metal prices significantly declined, with clear advantages in gold assets.
The unexpected downturn in US employment and economic data, especially the decline in US employment data, triggered the recession conditions of the "Sam rule", which has intensified the market's expectation of a recession in the US economy. As a result, trade of nonferrous metals commodities has caused a sharp price drop.
Kaiyuan Securities: In the declining trading stage, the winning rate is king. In August, gold is expected to have a leading relative return.
At the beginning of the year, it was believed that gold and copper allocation would be throughout 2024, but in the early stage of interest rate cut in the second half of the year, it may be necessary to choose the direction of recession trade or second inflation trade.
Zhongjin GoldLtd (SHSE:600489) Has A Rock Solid Balance Sheet
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