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Shandong Yulong Gold (SHSE:601028) Shareholders Will Want The ROCE Trajectory To Continue
A-share midday review: Shanghai Composite index rose 0.11%, led by the film and television and golden industrial concept stocks. Online car-hailing and Asia Vets concepts remain active.
As of midday close, the Shanghai Composite Index rose 0.11% to 2974.48 points, while the Shenzhen Component Index and Chinext Price Index fell 0.4% and 0.56%, respectively. More than 4200 individual stocks declined.
Shandong Yulong Gold (601028.SH): Subsidiary signs management agreement with Batuo Gold.
On July 12th, Ge Long Hui reported that Shandong Yulong Gold (601028.SH) signed a management agreement with Golden Minerals to fully leverage Yuxin Holdings' professional management and operational advantages in the gold mining industry, enhance its economic efficiency and resource integration capabilities, and assist Golden Minerals in project operation of Batur Gold Mine and its strategic restructuring in the future. According to the agreement, Golden Minerals will pay corresponding management fees and conditional incentive fees each year, with a monthly management fee of 0.25 million Australian dollars. Yuxin Holdings will also have the right to receive additional incentives based on the realization of annual budget net income targets.
Triton Minerals Receives AU$2.6 Million as First Payment for Mozambique Graphite Assets Disposal
Triton Minerals Divesting 70% Stake in Mozambique Graphite Assets for AU$17 Million; Shares Up 9%
Here's Why Shandong Yulong Gold (SHSE:601028) Can Manage Its Debt Responsibly
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