Zhaojin Mining Named One of China's Most Promising Companies 2011 and Wins Gold Award for Social Responsibility and Investor Relations by The Asset Triple A

HONG KONG, March 7, 2012 /PRNewswire-Asia/ -- Zhaojin Mining Industry Company Limited ("Zhaojin Mining" or the "Company" and, together with its subsidiaries, the "Group"; HKEx stock code: 01818), has been honoured with China's Most Promising Companies 2011 award and the Gold Award for Social Responsibility and Investor Relations by The Asset's annual Triple A.

A total of 20 companies with outstanding achievements received the "China's Most Promising Companies 2011" awards this year. Other winners included Industrial and Commercial Bank of China, China Telecom and Ping An Insurance (Group) of China. Moreover, this is the second time that Zhaojin Mining was awarded the Gold Award for Social Responsibility and Investor Relations since 2010, which proves that the company's achievement in corporate governance has been recognized.

The Asset Triple A is an annual assessment by a panel of professional investors and analysts based on companies' financial performance, corporate governance, social responsibility, environmental responsibility and investor relations. The panel recognizes and selects outstanding companies in each category of these highly influential awards in the industry. As for corporate governance, the performance indicators include the board of directors, audit & legal committee, remuneration committee, risk management committee, nomination committee and shareholder rights. As for investor relations, it covers the performance in investor relations services and digital communication. 

Zhaojin Mining has always attached importance to investor relations since its listing on the Hong Kong Stock Exchange in 2006. Apart from the regular information disclosure, the company also releases business updates that help investors gain a better understanding of the Company. After each results announcement, Zhaojin Mining's management attends a press conference and a roadshow, having effective communication with investors and hence establishing long-standing relationships with them.  A high degree of transparency and exchange have also been achieved. The practice has been widely recognized by professionals and the market. Fulfilling social responsibility has become an important part of a company's capability as well as competitive strengths in global capital market. It is also a key indicator for assessing a company.  Zhaojin mining is widely recognized for its steady development, contribution to the society and fulfillment of social responsibility.

Mr. Lu Dongshang, Chairman of Zhaojin Mining, said, "We are proud that Zhaojin Mining has won The Asset's China's Most Promising Companies 2011 and Gold Award for Social Responsibility and Investor Relations. The awards are recognition not only to our investment value and corporate governance standard, but also to the management and all staff. Looking ahead, we will continue to leverage our transparent and effective corporate governance and maintain close investor relations in order to strengthen our leading position and corporate image in the market."

The Asset Publishing and Research Ltd. is a renowned financial magazine founded in 1999. It serves the elite community of institutional investors, chairman, CEOs and senior management by leveraging its influence through their multi-media platform. The Asset's annual Triple A honours are the most prestigious in the finance industry due to their rigorous assessment process. The awards recognize institutions and individuals that have made a significant contribution to the development of the finance industry in Asia.

About Zhaojin Mining Industry Company Limited

Zhaojin Mining Industry Company Limited is a leading gold production enterprise in the PRC. The Group is located in Zhaoyuan City in Shandong Province -- the 'Gold Capital' of China, holding 10% of the country's total gold reserves and having the longest history of gold mining in the PRC. The Group is principally engaged in the exploration, mining, ore processing, smelting and sale of gold products, and is the largest gold smelting enterprise in the PRC. The principal products of the Group include standard Au9999 and Au9995 gold bullion. Zhaojin Mining operates 7 mines in Zhaoyuan City. The Group also owns various gold mines throughout the northern, northwestern, southwestern of China. With its abundant gold resources, advanced technology and management, the Group has maintained a leading position in the industry.

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