Western Region Gold Co., Ltd., together with its subsidiaries, engages in non-ferrous metal mining, smelting, rolling processing, and beneficiation in China. It offers gold concentrates and related products; electrolytic metal carbide and carbide ingots; plating ores; and copper-plated alloys. The company was founded in 2002 and is headquartered in Ürümqi, China. Western Region Gold Co., Ltd. operates as a subsidiary of Xinjiang NonFerrous Metal Industry (Group) Co.Ltd.
Country
Sector
Themes
Also in
Price· split & dividend adjusted
No price history for this asset yet.
News & notes moving601069.CG
Artificial Intelligence▲
Multiple listed companies disclose half-year reports; Eoptolink Technology net profit surges over 90%
On the evening of August 24, several listed companies on the Shanghai and Shenzhen stock exchanges released positive announcements. Far East Smarter Energy's subsidiary Far East Electric plans to acquire an 80% stake in Huizhou Fudewangwang Industrial Development for 216 million yuan, after which Fudewangwang will be consolidated into its financial statements. Eoptolink Technology disclosed its half-year report, with operating revenue of 20.91 billion yuan in the first half of 2026, up 100.34% year on year, and net profit attributable to shareholders of the listed company of 7.529 billion yuan, up 90.98% year on year. CIG Shanghai's first-half net profit was 328 million yuan, up 171.08% year on year, and it plans to pay a dividend of 0.9 yuan per 10 shares. Chengxin Lithium Group's first-half net profit was 1.012 billion yuan, turning from a loss of 841 million yuan in the same period last year. Silan Microelectronics' first-half net profit was 516 million yuan, up 94.84% year on year. Zhangyuan Tungsten's first-half net profit was 688 million yuan, up 497.38% year on year. Gotion High-tech's first-half net profit was 1.386 billion yuan, up 278.05% year on year. Western Gold's first-half net profit was 547 million yuan, up 315.67% year on year, and it plans to pay a dividend of 0.5 yuan per 10 shares. At its results briefing, DSBJ stated that its 1.6T optical module products have already been supplied to customers.
Precious metals stocks slide intraday; analysts say gold price headwinds may ease marginally, recommend adding on dips
On August 3, the precious metals sector fell 3.03% intraday, with Chifeng Gold, Xiaocheng Technology, Western Gold, Shanjin International, and Zijin Mining broadly lower. A Changjiang Securities research note pointed out that in the first half of 2026, precious metals were weighed down by both the US-Iran conflict and hawkish rate-hike expectations, with gold prices experiencing three liquidity shocks and briefly dipping below $4,000 in late June. Currently, these two major headwinds are easing marginally: geopolitical impacts are moderating, and oil prices and inflation are retreating. Looking ahead to the second half, the People's Bank of China's de-dollarization gold purchases remain intact, and demand support will gradually return. Moreover, rate-hike expectations have reached an extreme, and high interest rates are eroding fiscal sustainability. Once the 10-year US Treasury yield enters the 4% to 5% high range, the relationship between interest rates and gold is likely to shift from negative to positive correlation, meaning rate hikes are not necessarily bearish for gold. Overall, the firm maintains a medium-term bullish view and recommends actively adding positions on pullbacks. A Shanghai Securities research note also noted that against the backdrop of de-dollarization, emerging market central banks may further increase gold reserves, providing long-term demand support for gold prices. In the second half, moderating geopolitical impacts and retreating inflation are expected to ease liquidity constraints, shifting the sector toward fundamentals-driven performance.
The Federal Reserve kept its benchmark interest rate unchanged at 3.50% to 3.75% at its July meeting, marking the fifth consecutive hold this year and in line with broad market expectations. On the news, the precious metals sector rose 3.52% intraday on July 30, with Zhaojin Gold up 9.99%, Chifeng Gold up 5.12%, Western Gold up 4.82%, Huayu Mining up 4.17%, and Sichuan Gold up 3.87%. A research note from Changjiang Securities pointed out that looking ahead to the second half, easing geopolitical impacts, retreating oil prices and inflation, coupled with continued central bank gold purchases for de-dollarization led by China, will gradually restore demand support. It maintains a medium-term bullish view and recommends actively adding positions on pullbacks. A Shanghai Securities research note noted that the allocation value of precious metals is expected to stand out in 2026. In addition, demand for new materials such as solder paste, indium phosphide, and tantalum-niobium materials continues to rise in sub-sectors like optical modules. Industries including AI, semiconductor self-sufficiency, and aerospace are driving structural growth in precious metals-related industrial chains.
Western Gold Subsidiaries Extend Production Resumption After Safety Rectification
Western Gold announced that its wholly owned subsidiaries Baiyuanfeng and Mengxin Tianba have discovered multiple hazards during a special safety self-inspection and decided to extend the originally planned production resumption date. Production will resume after all hazards are eliminated and the rectification passes review and acceptance. Baiyuanfeng had already suspended production for rectification, while Mengxin Tianba has halted underground mining operations for rectification, with its processing plant continuing normal operations.
Over 80% of nonferrous metals firms report positive first-half guidance; Tianqi Lithium leads with nearly 50-fold surge
As of July 23, nearly 90 listed nonferrous metals companies have released their preliminary first-half 2026 earnings forecasts, with over 80% reporting improved results. Tianqi Lithium expects net profit attributable to shareholders to rise by 3,276.35% to 4,934.91%, the highest growth in the sector. Ganfeng Lithium, Tianhua New Energy, and other lithium producers also posted gains ranging from several-fold to dozens of times, mainly driven by a recovery in lithium prices and demand from the new energy sector. Minor metals such as tungsten and germanium performed strongly, with Xianglu Tungsten forecasting growth of up to 3,435.76%, and Yunnan Germanium benefiting from rising demand for high-speed optical modules. The aluminum processing segment faced significant pressure, with Xinbo Aluminum expecting a loss of 46 million to 65 million yuan, a year-on-year decline of 224.7% to 276.21%. Gold companies generally improved, with Zhaojin Gold and Western Gold both more than doubling their earnings.
Multiple Companies on Shanghai and Shenzhen Exchanges Release Earnings Forecasts and Major Announcements
On the evening of July 12, multiple listed companies on the Shanghai and Shenzhen exchanges released important announcements. StarNeto clarified that its satellite communication business is unrelated to the breakthrough in sea recovery technology for the Long March 10B carrier rocket, and that revenue from new businesses such as the low-altitude economy accounts for less than 5%. Zhezhong Co., Ltd. cautioned that there is uncertainty in converting new orders signed in 2026 into revenue, and that revenue from its main business of complete switchgear has continued to decline. Juli Sling was fined 4.5 million yuan by the Hebei Securities Regulatory Bureau for misleading statements on an interactive platform. The controlling shareholder of Western Region Gold, Xinjiang Nonferrous Metals, plans to merge entirely with Xinjiang Geology and Mining Investment Group, with the actual controller remaining unchanged. In terms of earnings, Yuehai Feed's net profit for the first half of the year is expected to increase by 965.92% to 1302.52%, Ningbo Fubon is expected to increase by 416.54% to 519.85%, Shanshan Co., Ltd. is expected to increase by 262% to 334%, Sanyou Chemical is expected to increase by about 129%, Yalian Machinery's flash report shows net profit growth of 60.06%, Shengnuo Bio is expected to increase by 43.23% to 64.79%, and both Rundu Pharma and China Satellite are expected to turn losses into profits year-on-year. In addition, Taikang Life Insurance plans to reduce its stake in Guoke Hengtai by no more than 3%, and Hengtong Co., Ltd. plans to invest in a digital smart industrial park in Indonesia, with a planned investment of no more than 2 billion yuan.
Gold price rebound lifts nine gold stocks into positive territory this month, Chifeng Gold surges over 20%
Entering July, cooling expectations for Federal Reserve rate hikes have driven a rebound in gold prices, with nine out of ten A-share gold stocks posting gains for the month. As of July 6, Chifeng Gold led with a cumulative rise of 20.06%, while Shanjin International and Western Gold climbed 18.88% and 15.18% respectively. Gold stocks underwent deep corrections in the first half of the year, with seven of the ten names pulling back more than 50% at one point. Shandong Gold suffered the steepest drawdown of 62.05% and led the sector's decline with a 40.35% drop. Chifeng Gold and Shanjin International each issued announcements on abnormal stock trading volatility after their share prices surged, noting that the cumulative deviation exceeded 20% and that semi-annual financial data is still being compiled. Market participants believe that after half a year of adjustment, gold stock valuations have returned to a reasonable range, and the gold price rebound is catalyzing a rotation of funds. However, during the interim reporting window, caution is needed regarding the risk of a second dip if earnings fall short of expectations.
Zhaojin Gold and Chifeng Gold hit daily limit within one minute, securing two consecutive upper limits
On the morning of July 3, the A-share precious metals sector surged. Zhaojin Gold and Chifeng Gold shot up straight after the opening, hitting their daily limit within one minute and both securing two consecutive upper limits. Western Gold, Sichuan Gold, Xiaocheng Technology, and several other stocks also hit their daily limit or rose more than 10%. In terms of news, the US non-farm payrolls for June increased by only 57,000, significantly missing expectations, and the April and May figures were revised down. The May non-farm payrolls were revised from 172,000 to 129,000, and after revisions, the combined April and May job gains were 74,000 lower than previously reported. The weak employment data led traders to scale back bets on Federal Reserve rate hikes, boosting the precious metals sector.
Precious metals and aerospace defence sectors see multiple stocks hit daily limit up, A-share three major indices surge in early trading
In early trading on July 3, the three major A-share indices surged, with the Shanghai Composite up 0.49%, the Shenzhen Component up 0.38%, and the ChiNext Index up 0.41%. The precious metals sector continued its strength, with Zhaojin Gold and Chifeng Gold hitting their second consecutive daily limit up, and Xiaocheng Technology, Western Gold, and Shanjin International among many stocks hitting daily limit up. On the news front, weaker-than-expected US June non-farm payroll data dampened expectations for Federal Reserve rate hikes, and Goldman Sachs' co-head of global commodities research said global central bank demand will continue to drive precious metals prices back up to near 5,000 US dollars per ounce. The aerospace defence sector saw a sudden surge, with Aerospace Development, AECC Aviation Power, and Chengchang Technology among many stocks hitting daily limit up, after Liaoning Province issued the Liaoning Province 15th Five-Year Plan for Marine Economic Development, proposing to accelerate the development of marine aerospace equipment and services industries. In Hong Kong stocks, the Hang Seng Tech Index extended gains, with Kuaishou, BYD Company, and Xiaomi Group leading the advance.
Bosera Resources ETF Surges Over 3% Intraday, Deep Correction Highlights Bottom-Fishing Value in Resources Sector
The Bosera Resources ETF surged 3.00% intraday, with its latest price at 1.96 yuan, while the SSE Natural Resources Index it tracks jumped 2.99%. Among constituents, Western Gold rose 10.02%, Chifeng Gold gained 10.00%, and China Jushi climbed 10.00%. In the first half of 2026, the resources sector underwent a deep correction, with precious metals seeing a maximum drawdown of nearly 30% during the year and silver plunging over 50%, significantly boosting the sector's margin of safety. East Money Securities noted that as countries add resources like copper to critical minerals lists, supply-side rigid constraints combined with demand-side drivers such as energy transition and AI data center construction are likely to reinforce the strategic asset attributes of non-ferrous metals.