Jihai Gold Group Co., Ltd. (formerly known as "Jihai Resources Group Co., Ltd."; hereinafter referred to as "Jihai" or the "Company") was incorporated in the Cayman Islands on May 21, 2019. Through its wholly owned subsidiary, Majestic Yantai BVI (registered in the British Virgin Islands), the Company established Yantai Zhongjia Mining Co., Ltd. ("Yantai Zhongjia") in Yantai City, Shandong Province, China. Majestic Yantai BVI holds a 75% equity interest in Yantai Zhongjia, while the remaining 25% is owned by Yantai Dahe Dong Ore‑Processing Co., Ltd. ("Yantai Dahe Dong"). The Company's Songjiagou Open‑Pit Mine commenced commercial production in May 2011, and its Songjiagou Underground Mine began commercial operations in September 2019. Committed to achieving long-term sustainable growth, the Company continuously enhances operational efficiency and identifies future growth opportunities. While further developing its existing assets, it actively pursues the acquisition of high‑value mining assets within China to expand its mining and gold‑concentrate processing businesses and increase its gold reserves, thereby reinforcing its leading position in the gold mining and ore‑processing industries in Shandong Province.
20th Floor, Infinitus Plaza, 199 Des Voeux Road Central, Hong Kong
Jihai Gold Group Co., Ltd. (formerly Jihai Resources Group Co., Ltd.) is an investment holding company primarily engaged in the exploration, mining, and processing of gold. The company conducts mining operations using raw materials, equipment, and machinery supplied by its vendors, refining ore into gold concentrate. Its final product is gold ingots produced through the smelting and further processing of this gold concentrate.