China Hanking Holdings Ltd. Announces Strategic Focus on Mt Bundy Gold Project Development, Name Change to Hanking Gold International Limited, and Termination of Hanking Gold Spin-Off Listing Plans

Reuters01-14
China Hanking Holdings Ltd. Announces Strategic Focus on Mt Bundy Gold Project Development, Name Change to Hanking Gold International Limited, and Termination of Hanking Gold Spin-Off Listing Plans

China Hanking Holdings Ltd. has announced a series of strategic actions aimed at strengthening its gold business. The company plans to concentrate resources on the development of the Mt Bundy gold project, while continuing steady production of iron ore and high-purity iron operations in China. Specific future activities include initiating project financing, commencing the selection of an energy supplier and an EPC contractor through tendering processes, and beginning mine camp construction in May 2026. To reflect its increased gold resources and reserves, as well as its strategic goal of becoming a mid-tier gold producer, the company intends to change its name to "Hanking Gold International Limited." Additionally, the company will terminate the previously planned spin-off listing of Hanking Gold, positioning itself as the central platform for its gold business development.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Hanking Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260114-11991260), on January 14, 2026, and is solely responsible for the information contained therein.

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