Zhaojin Mining Receives "Golden Bauhinia Awards 2011 -- Listed Company with Highest Investment Value during 12th Five-year Plan Period"

Chairman Lu Dongshang Named Most Influential Leader

HONG KONG, Nov. 24, 2011 /PRNewswire-Asia/ -- Zhaojin Mining Industry Company Limited ("Zhaojin Mining" or the "Company" and, together with its subsidiaries, the "Group"; stock code: 01818), a leading gold production enterprise in China, is pleased to announce that it received the "Golden Bauhinia Awards 2011 -- Listed Company with Highest Investment Value during 12th Five-year Plan Period", whereas Chairman Lu Dongshang was named the most influential leader in the awards in recognition of the capability of the Company and the management.

Mr. Lu Dongshang, Chairman of Zhaojin Mining received the Golden Bauhinia Awards 2011- Most Influential Leader from the former Chief Secretary for Administration, Mr. Henry Y.Y. Tang.

The Golden Bauhinia Awards 2011 was hosted by Ta Kung Pao and co-organized by Hong Kong Chinese Enterprises Association, Hong Kong Securities Association, Securities Association of China and China Enterprise Confederation. The awards aim to give credit to leading public companies as well as brilliant management professionals, encourage the sharing of successful experience in the industry and give global markets a better understanding of quality public companies in China so that these companies are better known with greater influence. Since the event kicked off in mid-May, nearly 100 listed companies from Hong Kong, Shanghai and Shenzhen had competed for a number of corporate and personal honours. The judging panel, formed by professionals and internet voters, was publicly monitored. Comprising Ta Kung Pao, Shenyin Wanguo, China Merchants Securities, Haitong Securities and renowned economists, the awards committee is authoritative, credible and respectable. Honorable guests from the political community and society were invited to the award, which the Secretary for Financial Services and the Treasury Professor, Mr. K.C. Chan gave speech on the ceremony. Chairman Lu Dongshang received the award of being the most influential leader from the former Chief Secretary for Administration, Mr. Henry Y.Y. Tang, while the President Weng Zhanbin received the "Golden Bauhinia Awards 2011 -- Listed Company with Highest Investment Value during 12th Five-year Plan Period" on behalf of the Company.

Mr. Lu Dongshang, Chairman of Zhaojin Mining said, "We have adhered to pure gold production and strived to enhance our competitive strengths, optimize operating management, capitalize on value investment opportunities and generate fruitful returns for shareholders. We are honoured to receive both major corporate and personal titles in the Golden Bauhinia Awards, which shows that we and our management are widely recognized, and that our leading position in China's gold industry is further strengthened. We will continue to take opportunities for value investments, enhance our reputation and position in global markets and generate higher returns for shareholders."

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 6 mines in Zhaoyuan City. The Group also owns various gold mines throughout the northern, northwestern, southwestern, and northeasten parts of China. With its abundant gold resources, advanced technology and management, the Group has maintained a leading position in the industry.

For further information, please contact: