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Shandong Gold Group

Founded Year




Date of IPO


About Shandong Gold Group

Shandong Gold Group (600547.SS) (1787.HK) is a state-owned Chinese gold mining company under the provincial government of Shandong.

Headquarters Location

2000 Shunhua Road

Jinan, Shandong, 250101,


+86 531 67710000

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Latest Shandong Gold Group News

Shandong Gold’s Controller Discovers China’s Largest Gold Mine

May 19, 2023

(Yicai Global) May 19 -- Shandong Gold Mining, one of China’s biggest producers of the precious metal, announced that its controlling shareholder has discovered the country’s largest gold mine. A unit of Shandong Gold Mining’s controller Shandong Gold Group recently found a 580-ton gold mine in the northwestern region of eastern China’s Shandong province, the Shanghai-listed Shandong Gold Mining announced late yesterday. The average grade of gold from the newly-discovered Xiling mine is 4.26 grams per ton, and the potential economic value of the asset is expected to exceed CNY200 billion (USD28.4 billion), according to local media outlet Qilu Evening News. Shandong Gold Group vowed to inject the prospecting rights of the Xiling mine into Shandong Gold Mining at a proper time in the future to avoid direct competition between the parent and its listed subsidiary, the latter noted. The news of the discovery failed to boost Shandong Gold Mining’s shares. The company’s stock [SHA: 600547] closed 1.1 percent down at CNY24.58 (USD3.50). The stock, however, rose more than 3 percent yesterday as the news of the discovery was leaked to the province’s local media before the official announcement by Shandong Gold Mining after hours. Shandong Gold’s mineral gold production reached 38.7 tons last year, accounting for 13.1 percent of China’s total. The firm expects to produce no less than 39.6 tons of gold this year, according to its 2022 earnings report. Editor: Futura Costaglione

Shandong Gold Group Frequently Asked Questions (FAQ)

  • When was Shandong Gold Group founded?

    Shandong Gold Group was founded in 1996.

  • Where is Shandong Gold Group's headquarters?

    Shandong Gold Group's headquarters is located at 2000 Shunhua Road, Jinan.

  • What is Shandong Gold Group's latest funding round?

    Shandong Gold Group's latest funding round is IPO.

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