Examples of China National Gold in a sentence
IMPLICATIONS UNDER THE HONG KONG LISTING RULES As at the Latest Practicable Date, China National Gold held approximately 39.3% of the 396,413,753 issued Shares of the Company through CNGGHK, its wholly-owned subsidiary, and thus is the ultimate controlling shareholder of the Company.
China National Gold is the only enterprise directly supervised by the State Council of the PRC that focuses on the exploration, mining, processing, smelting, refining and sales of gold.
The predecessor of China National Gold was China National Gold Corporation, which was established in 1979 and headquartered in Beijing.
The Group is currently in discussions with various international gold mining corporations including China National Gold Company and Xxxxxxx Gold Corporation to explore potential strategic arrangements.
China National Gold is the controlling shareholder of the Company, holding 39.3% of the issued and outstanding Shares of the Company.
China National Gold is the only enterprise in the gold industry in China that explores, produces and processes gold with a grade of Au99999.
China National Gold holds a 51% interest in China Gold Finance and therefore, China Gold Finance is a connected person of the Company under Xxxxxxx 00X xx xxx Xxxx Xxxx Listing Rules.
The following chart illustrates the relationship between the Company and China National Gold.
Therefore, China National Gold is a connected person of the Company for the purpose of Xxxxxxx 00X xx xxx Xxxx Xxxx Listing Rules.
China National Gold Corporation (‘‘CNGC’’) Xxxxxxxxxxx began negotiations with CNGC in 2005 regarding the expansion of underground mining operations at Bestobe.