Shanghai Construction Group Hits Second Consecutive Trading Limit Amid Gold Mine Reserve Rumors: "No Related Information Disclosed Recently"

Deep News09-15

Recent market rumors suggest that the Koka gold mine owned by Zara Mining, a subsidiary of Shanghai Construction Group Co.,Ltd., has significantly increased its resource reserves compared to previously reported figures.

On September 15, Shanghai Construction Group Co.,Ltd.'s stock price hit the daily trading limit again, marking the second consecutive trading halt following the volume-driven limit up on September 12.

Recent market speculation indicates that the Koka gold mine resource reserves owned by Zara Mining, a subsidiary of Shanghai Construction Group Co.,Ltd., have substantially increased compared to the original reported reserves.

Regarding this matter, when contacted about whether the subsidiary's gold mine resource reserves have recently increased, the securities department of Shanghai Construction Group Co.,Ltd. stated that investors should refer to official company announcements, and that the company has not recently disclosed any announcements regarding its subsidiary's gold mine resources.

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