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Hong Kong Gold Industry signs RMB 25.1 million automation control system contract for ilmenite mine plant upgrade

PUBT·08/18/2026 12:50:12
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Hong Kong Gold Industry signs RMB 25.1 million automation control system contract for ilmenite mine plant upgrade
  • Hong Kong Gold Industry Group disclosed previously unannounced procurement contracts tied to its Zhuge Shangyu ilmenite mine processing plant upgrade.
  • Largest single deal: automation control system contract dated Sept. 17, 2025, valued at about RMB 25.1 million, tax-exclusive.
  • Other disclosed procurement spending includes RMB 17.3 million for power cables, RMB 10.9 million for silo works, RMB 10.4 million for power distribution equipment.
  • It also reported three land-use rights acquisitions in 2025 totaling about RMB 74.4 million, with all consideration paid.
  • Exchange-required aggregation lifted Procurement Contract 1(F) and the land-use deals into “major transaction” classification under Hong Kong listing rules.


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. Hong Kong Gold Industry Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260818-12289262), on August 18, 2026, and is solely responsible for the information contained therein.