China Gold International Resources Corp. Ltd. · HKEX:2099
China Gold International Resources — Q3 2025 Earnings Presentation
21 slides from China Gold International Resources's earnings presentation, Nov 26, 2025
Slide 1: 2025 Q3 Result of Operation Report
2025 Q3 Result of Operation Report 2025.11.26 Consecutive Record-Breaking Quarters
Slide 2: Forward Looking Statement
Forward Looking Statement This statement is made in accordance with the "forward-looking statements" defined under the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. The forward-looking statements and information in this document include, but are not l
Slide 3: Table of Contents
Table of Contents 2025 Q3 Financial Indicators 4 2025 Q3 Operational Indicators 7 Updated Dividend Policy 9 Market Performance 10 Mining Operations 14 Exploration Process 16 Acquisition Strategy 19
Slide 4: Operational KPIs Aligned with 2025 Q3 Targets
Operational KPIs Aligned with 2025 Q3 Targets Gold Production (Ounces) Gold production in YTD Q3 2025 has achieved 82% of annual production guidance 102245 Total Gold Production 129350 0 20000 40000 60000 80000 100000 120000 140000 The first three quarters of 2024 The first three quarters of 2025 Co
Slide 5: 2025 YTD Q3 Financial Highlights
2025 YTD Q3 Financial Highlights Total Revenue 925 M USD 100% YoY increase Mine Operating 474 M USD 633% YoY increase Profit Net Income 345 M USD Exceeding profit expectations Operating Cash 570 M USD Significant increase from Flow 244 million USD in the same period of 2024 5
Slide 6: Quarterly Profit Soared to All-Time High
Quarterly Profit Soared to All-Time High Revenue and Net Profit (USD Million) 400 45% • Revenue and net profit have maintained 345.0 41.2% 40% 350 consecutive growth for five quarters, with 37.8% 307.3 the net profit margin reaching 41% in the 293.6 35% 300 273.1 current quarter. 31.5% 254.6 30% 250
Slide 7: Sustained Growth in Operating Cash Flow & EBITDA
Sustained Growth in Operating Cash Flow & EBITDA Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) ($M USD) $3,500 $2,933 M $545 • The first three quarters of $3,000 $2,500 $134 2025 EBITDA: 545 M USD $508 $129 $2,000 $509 $1,500 $341 $1,000 $171 $194 • Cumulative EBITDA over
Slide 8: Healthy Corporate Financial Structure
Healthy Corporate Financial Structure Total Debt Ratio = 32.6% Sustaining a Healthy Balance Sheet Cash, Deposits, and Cash Equivalents: 612 M USD Robust Capital Foundation – Well-Positioned for Market Volatility and Growth Opportunities Lower Financial Expenses and Improved Capital Efficiency Financ
Slide 9: The company's stock price hits a historic high
The company's stock price hits a historic high P/B = 3.53x TSX：CGG 28.20 CAD/Share 156.60 HKD/Share Oct 9, 2025 Stock price hits historic high *$28.20 was the intraday high 2099.HKex * HKD 106.60 was the intraday high 9
Slide 10: The Company’s Stock Price Trend Chart
The Company’s Stock Price Trend Chart Top 10 shareholding securities firms Trading volume for China Gold International （as of November 17） 180 10000000 No. Brokers Shareholding（%） 9000000 160 1 CHINA SECURITIES DEPOSITORY AND 59,278,925（14.95%） CLEARING(SHENZHEN) 8000000 140 2 CHINA SECURITIES DEPOS
Slide 11: Share Performance, Investor Profile & Analyst Coverage
Share Performance, Investor Profile & Analyst Coverage Company Overview Analyst Top 10 Shareholders (as of Nov 2025) TSX: CGG HKEX: 2099 Firm Target Price Share Price（2025.11.20） 25.06 CAD Huatai Securities 21.21 CAD Basic Shares Outstanding 396 M First Shanghai Group 33.50 CAD Market Cap 9.9 B CAD
Slide 12: Attract further attention from the capital market
Attract further attention from the capital market In October and November 2025, CGG was successively included in two major benchmarks—the Hang Seng China- Affiliated Corporations Index and the MSCI China Index. This milestone signifies international capital markets' high recognition of the company's
Slide 13: Jiama Mine – Production & Operations Overview
Jiama Mine – Production & Operations Overview Daily Processing Capacity New Tailings Storage Facility – Now to 2027：34,000 tonnes/day Progress Update: By 2027: 44,000 tonnes/day, Construction began on March 1, 2025 targeting 50,000 tonnes/day Completed investment support of Goal: Raise mining pe
Slide 14: 2025 YTD Q3 Production Metrics – Jiama Mine
2025 YTD Q3 Production Metrics – Jiama Mine All in Sustaining Cost Jiama Gold(Ounces) Jiama Production Costs（US$/LB) AISC = 0.09 USD/lb 30,776 5.25 Gold Produced(oz) Total production cost 61,218 3.23 AISC Decrease - 10,00020,00030,00040,00050,00060,00070,000 3.34 Total production cost( net by-produc
Slide 15: Strong Potential for Resource Expansion at Jiama
Strong Potential for Resource Expansion at Jiama Exploration Plan: •The periphery of the Jiama mining area plans for 17,448 meters of surface drilling, with a total planned investment of 29.84 million yuan. •Bayi Ranch plans for 9,400 meters of surface drilling and 1,350 cubic meters of trenching, w
Slide 16: CSH Gold Mine: Overview of the Transitional Mining Phase
CSH Gold Mine: Overview of the Transitional Mining Phase • Output during transition phase will moderately decline to facilitate seamless shift from open-pit to underground mining • Feasibility report under Chinese standards has been completed • NI 43-101 compliant feasibility report is currently bei
Slide 17: 2025 YTD Q3 Production Targets – Changshanhao
2025 YTD Q3 Production Targets – Changshanhao Total Production Costs(US$/Oz) All-in Sustaining Cost (AISC): 1,246 USD/oz 1,613 Gold Production Costs(Oz) Strip Ratio: 1,639 0.65 Total Cost Increase: 2% 1,550 1,560 1,570 1,580 1,590 1,600 1,610 1,620 1,630 1,640 1,650 The first three quarters of 2024
Slide 18: M&A Strategy
M&A Strategy Acquisition Target Criteria • Focus on copper-gold and gold assets • Preference for mature assets owned by major shareholders • Located in South America, Central Asia, Australia, Africa, and the Middle East – regions with safe and friendly jurisdictions • High-quality mines that are nea
Slide 19: Mineral Resource Summary Table
Mineral Resource Summary Table 19
Slide 20: Jiama Copper-Gold Polymetallic Mine
Jiama Copper-Gold Polymetallic Mine Resource Value Grade Metal Content Location Ore Cu Mo Pb Zn Cu Mo Au Ag Pb Tibet Autonomous Region Type Au Ag Million Million Thousand Zn (Mt) (%) (%) (g/t) (g/t) (%) (%) Million Oz Million Oz Thousand - China Tonnes Tonnes Tons Tons Measure 92 0.38 0.04 0.07 5.04
Slide 21: Changshanhao Gold Mine
Changshanhao Gold Mine Resource Value Metal Resource Ore Volume Grade Metal Content Location Content Category (Million Tonnes） （g/t） (Million Oz) (Tonnes) Measured 12.54 0.63 7.89 0.25 Open Pit cut-off Indicated 12.00 0.69 8.25 0.27 grade of 0.28g/t Au M+I 24.54 0.66 16.13 0.52 Inferred 2.57 0.41 1.
China Gold International Resources — Q3 2025 Earnings Presentation on 6ix