Hong Kong Gold Industry Group (02623) clarifies: The ten-year strategic profit target is only a development vision and does not constitute profit forecast.

date
23:00 05/06/2026
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GMT Eight
Hong Kong Gold Industry Group (02623) issued a statement in response to an article published on the internet on June 3, 2026, which includes the group's strategic development plan for the next 10 years ("Hong Kong Gold Industry Group's Future Ten-Year Development Strategy Plan (2026-2035)").
Hong Kong Gold Industry Group (02623) issued a statement in response to an article published on the internet by 2026 on June 3, which includes the group's strategic development plan for the next 10 years ("Hong Kong Gold Industry Group's Future Ten-Year Development Strategic Plan (2026-2035)"). The board of directors noted that the article mentioned the profit target level that the group intends to achieve in the next ten years as outlined in the development plan. The board of directors hereby clarify that the statements in the development plan are only a long-term vision formulated by management to guide the group's future business development, and are not based on any expected or estimated financial performance of the group for any specific financial period. Therefore, these statements do not constitute "profit forecasts" under the listing rules of the Hong Kong Stock Exchange. In addition, the achievement of the profit target level is subject to various factors beyond the group's control, and therefore, the group cannot guarantee that it will be able to achieve this profit target.