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Express News | Shandong Yulong Gold: The 3% shares held by Technology are planned for forced liquidation.
Guotou Securities: Hedge against policy uncertainties and inflation risks in the USA, Bullish on the Gold Sector.
The current Gold price has continuously reached new historical highs, and the Bullish drivers are expected to continue.
A-share fluctuation丨Shandong Yulong Gold dropped again by 8%, Shareholder shareholding + litigation arbitration risk.
Gelonghui, February 17 | Shandong Yulong Gold (601028.SH), which fell over 6% last Friday, has declined another 8%, currently priced at 11.48 yuan, with a total market value dropping below 9 billion yuan. In the news, the company recently announced that as the applicant in execution cases, it is involved in a compulsory execution case with Rushan Jinchao Mining Co., Ltd., involving an amount of 0.109 billion yuan. In addition, the company is also facing arbitration cases with Zhuhai Qinao Lianchuang Development Co., Ltd. and Zhuhai Dahengqin Trade Co., Ltd., with the claimed arbitration amount of 0.495 billion yuan. Furthermore, the Shareholder Hainan Houai Technology Co., Ltd. intends to reduce its Shareholding in the company by no more than.
Express News | Summary of Shareholding adjustments on February 13.
Express News | Shandong Yulong Gold: A Shareholder plans to passively reduce their shareholding by no more than 3% of the company's shares.
Shandong Yulong Gold (601028): Great potential for internal and external growth, an undervalued gold potential stock.
The core viewpoint is that the company mainly engages in Gold mining and selection business, while also producing vanadium ore, graphite ore, quartz ore, and other "New Materials" minerals. In the Gold business, there is enormous potential for internal and external growth by assisting in the Operation of the handkerchief Ping Ge gold mine and helping operate the BHP gold mine.