WANGUO GOLD GP Surges Over 9% Intraday, Forecasts Up to 161% Annual Profit Growth

Deep News11:02

WANGUO GOLD GP (03939) saw its shares surge more than 9% during the trading session. At the time of writing, the stock was up 3.56%, trading at HKD 13.37, with a turnover of HKD 394 million.

The company previously issued an announcement, projecting a profit attributable to company owners of approximately RMB 1.4 billion to RMB 1.5 billion for the 2025 fiscal year, representing a year-on-year increase of about 143% to 161%. Based on the information currently available to the Board, the expected profit increase is primarily due to higher sales volume and rising prices of gold products.

It is noteworthy that Mr. Chen Jingsha has been appointed as Chief Advisor of WANGUO GOLD GP, effective February 2, 2026. Furthermore, the company has established a Strategic Development Committee to provide advice on the development strategy for the Group's existing business and potential future projects. Public information shows that Chen Jingsha is the founder and former Chairman of Zijin Mining Group Co., Ltd.

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