China Gold International Resources Corp. Ltd. · HKEX:2099
China Gold International Resources — H1 2025 Earnings Presentation
20 slides from China Gold International Resources's earnings presentation, Sep 8, 2025
Slide 1: 2025 H1 Result of Operation Report
2025 H1 Result of Operation Report 2025.09.08 Revenue and Profit achieved historical high
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 H1 Financial Indicators 4 2025 H1 Operational Indicators 7 Updated Dividend Policy 8 Market Performance 9 Mining Operations 11 Exploration Process 15 Acquisition Strategy 16
Slide 4: Operational KPIs Aligned with 2025 H1 Targets
Operational KPIs Aligned with 2025 H1 Targets Gold production in the Gold Production (Ounces) first half of 2025 has achieved 56% of annual production guidance Total Gold 52,087 Production 88,200 - 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000 2024 H1 2025 H1 Copper Producti
Slide 5: 2025 H1 Financial Highlights
2025 H1 Financial Highlights Total Revenue $580.36M USD 178% YoY increase Mine Operating $277.05M USD 1444% YoY increase Profit Net Income $202.32M USD Exceeding profit expectations Operating Cash 334.85M USD Significant increase from Flow $88.09 million USD in the same period of 2024 5
Slide 6: Quarterly Profit Soared to All-Time High
Quarterly Profit Soared to All-Time High Revenue and Net Profit (USD Million) 350 50% 307.3 300 293.6 40% 273.1 37.9% • Revenue and Net Profit Grew for 254.6 31.5% 30% 250 Four Consecutive Quarters; Q2 23.3% 20% Net Profit Margin Reached 38% 200 11.0% 10% 148.0 150 • Huatailong Mining has 116.3 0% r
Slide 7: Sustained Growth in Operating Cash Flow & EBITDA
Sustained Growth in Operating Cash Flow & EBITDA Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) ($M USD) $3,000 $2,716 M $328 • H1 2025 EBITDA: $328 M $2,500 $134 $129 $508 USD $2,000 $509 $1,500 $341 • Cumulative EBITDA over $1,000 $171 $194 the past 10 years: $2.72B $500
Slide 8: Healthy Corporate Financial Structure
Healthy Corporate Financial Structure Total Debt Ratio = 36.3% Sustaining a Healthy Balance Sheet Cash, Deposits, and Cash Equivalents: $521M USD Robust Capital Foundation – Well-Positioned for Market Volatility and Growth Opportunities Lower Financial Expenses and Improved Capital Efficiency Financ
Slide 9: Introduction of a New Stable Dividend Policy
Introduction of a New Stable Dividend Policy 7.00% Consistently High Dividend Yield (2021–2024) 2025 Dividend Paid 6.00% 5.00% 4.00% Base Dividend = 3.00% 2.00% $0.05 USD per share 1.00% 0.00% Special Dividend = China Gold B2 Gold Centerra Newmont Northern Gold Fields Lundin Gold Barrick Shangdong K
Slide 10: The company's stock price hits a historic high
The company's stock price hits a historic high P/B = 3.23x TSX：CGG $23.46 CND/Share $133.60 HKD/Share Stock price hits historic high *$23.46 was the intraday high 2099.HKex * HKD 133.60 was the intraday high 10
Slide 11: Share Performance, Investor Profile & Analyst Coverage
Share Performance, Investor Profile & Analyst Coverage Top 10 Institutional investors Company Overview Analyst (as of August 2025) TSX: CGG HKEX: 2099 Firm Target Price Share Price（2025.09.03） $22.50 CAD Huatai Securities C$21.21 Basic Shares Outstanding 396 M First Shanghai Group C$17.67 Market Cap
Slide 12: 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 345 million 12 yuan (
Slide 13: 2025 H1 Production Metrics – Jiama Mine
2025 H1 Production Metrics – Jiama Mine All in Sustaining Cost AISC = US$0.17/lb Jiama Gold（Ounces） Jiama Production Costs（US$/LB） 11,830 6.36 Total production cost Gold Produced(oz) 3.29 42,371 AISC Decrease 5 - 10,000 20,000 30,000 40,000 Total production cost( net by-products ) 0.53 92% 2024 H1
Slide 14: 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 15: 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 16: 2025 H1 Production Targets – Changshanhao
2025 H1 Production Targets – Changshanhao Total Production Cost（US$/Oz） All-in Sustaining Cost (AISC): US$1,233/oz 1,627 Gold Production Cost(Oz) Strip Ratio: 1,619 0.64 Total Cost decrease: 1% 1,550 1,560 1,570 1,580 1,590 1,600 1,610 1,620 1,630 1,640 2024 H1 2025 H1 Gold Output（Ounces） Cash Cost（
Slide 17: 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 18: Mineral Resource Summary Table
Mineral Resource Summary Table 18
Slide 19: 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 20: 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 25.76 0.41 1
China Gold International Resources — H1 2025 Earnings Presentation on 6ix