Lingbao Gold Group Co., Ltd. (“Lingbao Gold” or the “Company”) and its subsidiaries (collectively the “Group”) have been listed on the main board of the Stock Exchange of Hong Kong Limited (the “Stock Exchange”) since January 12, 2006. The Group is a comprehensive gold enterprise in the People's Republic of China (“China”), mainly engaged in gold mining, smelting and refining, and the Group's products are gold, silver, copper products and sulfuric acid. The Group is a standard gold ingot manufacturer approved by the Shanghai Gold Exchange. The Group's mining resources are located in Henan, Xinjiang, Jiangxi, Inner Mongolia and Gansu and the Kyrgyz Republic (“Kyrgyzstan”), respectively, and has 35 mining rights and exploration rights, with a total exploration area of 240.75 square kilometers. The total gold reserves and resources were about 135.079 tons (about 4,342,736 oz) before December 31, 2022. The gold reserves and resources report is prepared according to China's GB/T17766-2020 “Solid Mineral Resources/Reserve Classification”, GB/T13908-2020 “General Regulations for Geological Exploration of Solid Minerals” and DZ/T0205-2020 “Rock and Gold Mine Geological Survey Specification”. In 2022, the Group produced about 24,353 kilograms (about 782,967 oz) of gold ingots, while the basic and diluted earnings per share for the year ended December 31, 2022 were RMB 27.8 per share. The Group's future strategic goal is to continue to work hard to become China's leading gold enterprise and gradually increase the Group's popularity in the international market. In the future, the Group will concentrate on prospecting and expanding the scale of mine production, and continue to acquire potential gold resources.
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