China National Gold Group Corporation (hereinafter referred to as China Gold) is the only central enterprise in China’s gold industry. As a comprehensive large-scale mining enterprise, China Gold has been combining geological exploration, mining, engineering construction, gold smelting, processing and marketing as well as scientific research and development, and become the largest gold mining company in China. Wholly-owned and holding subsidiaries affiliated to China Gold are exclusively located in the core area of China's main mineralization zones, including two listed companies--Zhongjin Gold Co. Ltd. in Shanghai Stock Exchange and China Gold International Resources Corp., which is dual listed on the TSX under the symbol "CGG" and on the HKSE under stock code "2099". With controlled reserves of over 1300 tons of gold, China Gold is now ranking the first place in China's gold mining industry. It runs the national-level enterprise technology center and the only national-level gold research institute and gold design institute for the gold industry. It has reached the international advanced level in the areas of development and utilization of refractory gold resources and gold refining,