Zhaojin Mining Wins "The Asset Triple A Corporate Platinum Award 2012"

HONG KONG, Dec. 13, 2012 /PRNewswire/ -- Zhaojin Mining Industry Company Limited ("Zhaojin Mining"or the "Company" and, together with its subsidiaries, the "Group"; stock code: 01818) pleased to announce the Company has been honoured with The Platinum Award 2012 for Excellence in Management and Corporate Governance Awards by The Asset's annual Triple A, demonstrating the outstanding performance in the Group's corporate governance.

A total of 23 companies with outstanding achievements received the "Corporate Platinum Award 2012" awards this year. After being honoured the Gold Award for Social Responsibility and Investor Relations in 2011, this is the third time for the Company to gain recognition by the Asset Triple A regarding its achievements in corporate governance.

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 one of the largest gold mining listed companies in the PRC, the Group is committed to protect Shareholders' and staff's interests and create Shareholders' value. Zhaojin Mining believes that high standard of corporate governance is essential to the success of the Company. The Group has been striving to improve its corporate governance and composition of the Board, and to study advanced model of corporate governance around the globe. Besides General Meeting, Supervisory Committee, The Board and The Management are set in the corporate governance structure, for other various aspects, the Group sets different committees, including Audit Committee, Nomination and Remuneration Committee, Strategic Committee, Geological and Resources Management Committee and Safety and Environmental Protection Committee, etc.

Mr. Lu Dongshang, Chairman of Zhaojin Mining, said, "The receiving of The Asset's 'Corporate Platinum Award 2012' is the recognition by industry to our relentless pursuit of quality corporate governance. The Company will continue to proactively explore and perfect a new corporate governance model of listed companies with an aim to improve its corporate governance and for the sake of our Company's development. The Company will follow the corporate governance model developed by the world's leading corporations as what it has done previously so as to comply the requirements of the regulatory authorities, we will regularly review and enhance the corporate governance procedures and implementations to ensure the sustainable development of the Company."

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 the standard Au9999 and Au9995 gold bullion of the Shanghai Gold Exchange. Zhaojin Mining operates 7 mines in Zhaoyuan City. In addition, Zhaojin Mining also owns various gold mines throughout the northern, northwestern, southwestern areas, etc. of China. With its abundant gold resources, advanced technology and strong experience in gold product management, Zhaojin Mining should lead the Group to establish a leading position in the industry.

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