China Gold Group main business indicators 4 years to increase 5 times times

Reporter yesterday from China Gold Group learned that the group in early 2007, the gold resources reserves, total assets, sales revenue, profit four indicators "four years double" strategic goal has been fully exceeded.　　The group will continue its outreach strategy, which will be planned for acquisitions in both domestic and foreign markets, and is currently in contact with several resource projects, one of which has entered a substantive contact phase. According to the deputy general manager of China Gold Group, chief accountant Liu Bing, as of December 31, 2010, the gold resource reserves of China Gold group increased from 275 tons to 1300 tons in 2006, copper resource reserves increased from 1.25 million tons to 8 million tons, and molybdenum resource reserves increased from 200,000 tons to 1.4 million tons, Gold resources are the first in the country, copper, molybdenum ranked fifth and third in the country, the total amount of resources in gold has been more than 2006 years 13 times times. The total assets of the group increased from 8.5 billion yuan in 2006 to 42.2 billion yuan, increasing 5 times times, sales revenue from 2006 to 8.5 billion yuan growth of 6 times to 51.8 billion yuan, the total profit in four years accumulated 3.6 billion yuan to solve historical problems, from 2006 620 million yuan growth of 5.1 times times to 3.2 billion yuan.　　Among them, sales revenue and total profit growth rate in 7 central metallurgical enterprises are ranked first. As China's largest gold production enterprises, as well as China's gold industry's only central enterprises. Over the past four years, China Gold Group has invested 9.55 billion yuan in resources acquisition and surrounding integration, production prospecting and geological Congress war, efficient access to resources, tamping the foundation of Enterprise Development.　　Four years cumulative footage 1.66 million meters, access to total resources: 1163 tons, copper 6.33 million tons, molybdenum 1.24 million tons, lead and zinc 1.25 million tons, silver 6330 tons, the total value of access to resources more than trillion yuan. In four years, gold (600489) resources of the listed companies controlled by China Golden Group increased from 58 tons to 430 tons, the total assets from 2.2 billion yuan to 13.5 billion yuan, the company market value from 5.284 billion yuan to the highest 67 billion yuan. In addition, the group is also actively planning overseas resource strategies to build a capital platform for overseas development. 2008, China Gold Group successfully held the Canadian listed companies Jinshan Mining, in 2010 to Jinshan Company and the main body of Tibet established CICC International (02099. HK) and successfully listed in the Hong Kong Main board, the first mainland China in Canada and Hong Kong, the main board of the dual-listed red-chip mining companies.　　In the light of its funding commitments, CICC will make about 100 million dollars for overseas acquisitions.　　For the market concern of the Chinese gold Group as a whole listing matters, Liu Bing said, the group will use the A-share market listed Companies gold gold integration of domestic prime assets, while using the international capital platform of CICC to rapidly expand overseas resources possession and development. It is noteworthy that over the past four years, China's Gold group has also targeted the existing enterprises, small, partial, scattered and low production, high cost, in accordance with3 tons, 5 tons, 8 tons of standard planning and construction of 18 large-scale gold production base as well as Inner Mongolia Osan, Tibet methyl ma 2 non-ferrous production base. At present, the new or rebuilt the completion of large-scale projects 15, compared with 2006 to increase production capacity: Gold 13.7 tons, copper 40,000 tons, the group daily processing of ore from 20,000 tons to 130,000 tons, new benefits accounted for more than half of the group's total profit.　　To Nemunu, Hubei Sanxin representative of a number of projects to achieve high speed, high quality, starting point of the construction and reconstruction of the target, Osan project also won the National Quality Engineering Award. Liu Bing to reporters that the "Twelve-Five" period is China's Gold group in the double on the basis of large-scale development, to achieve a big leap in the important strategic opportunity period. The group will strive to achieve the total assets and sales revenue double billion, other key indicators at the existing level to double the target.