Zhongjin Gold reports 14.38 tonnes of added gold: what it means for Zhongjin Gold stock

Published on 10/14/2026 at 01:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half net profit reached CNY 4.357 billion, up 61.67 percent year over year. For Zhongjin Gold stock this means 14.38 tonnes of added gold.

Gold reserves and earnings growth

Zhongjin Gold reported 14.38 tonnes of added gold metal reserves on September 29, 2026.
First-half revenue reached CNY 42.982 billion, up 22.57 percent year over year.
First-half net profit attributable to shareholders rose 61.67 percent to CNY 4.357 billion.
Stockstar reported 10 institutional ratings, including 8 buy ratings and 2 add ratings, with an average target of CNY 35.31.

Zhongjin Gold, CNE000001FM8, Illustration mit AI erstellt.

Zhongjin Gold (ISIN CNE000001FM8) reported 14.38 tonnes of added gold metal reserves in the first half of 2026 at its September 29, 2026 investor meeting, giving Zhongjin Gold stock a concrete resource expansion measure. According to Stockstar, the company also reported progress at its Shaling gold mine, where the tailings facility was substantially built and the processing plant had completed water testing.

Revenue rises with gold prices

The earnings base is substantial. Securities Times reported on August 27, 2026 that revenue reached CNY 42.982 billion in the first half of 2026, up 22.57 percent year over year.

Net profit attributable to shareholders reached CNY 4.357 billion in the same period, an increase of 61.67 percent year over year. Basic earnings per share were CNY 0.90, while weighted average return on equity rose to 13.40 percent, up 4.04 percentage points from the prior-year period, according to Securities Times.

What does exploration mean?

The exploration figure adds an operating dimension to the profit increase. Stockstar reported on September 29, 2026 that Zhongjin Gold invested CNY 139.56 million in geological exploration during the first half, completed 15.84 million meters of drilling and added 14.38 tonnes of gold metal reserves.

The project pipeline also includes the Shaling mine, where construction progress had reached tailings completion and plant water testing by September 29, 2026. The company said its broader strategy combines reserve growth, operating efficiency, safety and environmental work, plus the injection of quality assets, according to Stockstar.

Ratings keep a higher target

Stockstar counted 10 institutional ratings over the 90 days to September 29, 2026: 8 buy ratings and 2 add ratings. The average target was CNY 35.31, a valuation reference that sits alongside the company's reported CNY 4.357 billion first-half profit and its resource additions.

Three milestones shape the year

On July 13, 2026, the company forecast first-half net profit of CNY 4.10 billion to CNY 4.60 billion, representing growth of 52.15 percent to 70.70 percent, according to Securities Times. On August 27, 2026, the reported result showed CNY 4.357 billion of net profit and CNY 42.982 billion of revenue for the first half.

On September 29, 2026, the investor meeting added operational detail: exploration spending reached CNY 139.56 million and cumulative new gold metal reserves reached 14.38 tonnes. The sequence links earnings growth with resource development rather than treating the profit figure as a standalone outcome.

Operations add a second measure

Zhongjin Gold operates in gold and other non-ferrous metals, including exploration, mining, beneficiation and smelting. Simply Wall St reported first-half 2026 net income of CNY 4.36 billion and described the company's business as spanning gold and non-ferrous-metal production.

For investors, the useful distinction is between the 61.67 percent profit increase already reported for the first half of 2026 and the 14.38 tonnes of added gold metal reserves recorded through exploration. Together, the figures show both near-term earnings delivery and a measurable resource-building program.

Company profile and listing

Zhongjin Gold is listed on the Shanghai Stock Exchange under ticker ZHONGJIN and operates in the Basic Materials sector and Gold industry. Its reported 2026 milestones combine CNY 42.982 billion of first-half revenue, CNY 4.357 billion of attributable net profit and 14.38 tonnes of added gold metal reserves.

Market context: Market report Shanghai Composite.