Cathay Gold successfully obtained the second round of US$30 million financing from the Hong Kong

Cathay Gold successfully obtained the second round of US$30 million financing from the Hong Kong Investment Funds Association to accelerate the industry-finance integration strategy

On August 10, 2024, Cathay Gold announced that it had successfully obtained the second round of financing provided by the Hong Kong Investment Funds Association (HKIFA), with a total amount of US$30 million. This move marks an important step for Cathay Gold in promoting its industrial and financial integration strategy and lays a solid foundation for the company's future innovative development.

Strengthen capital strength and accelerate business expansion

This financing not only greatly enhances Cathay Gold's capital strength, but also provides important support for the company's business expansion in the global market. With this fund, Cathay Gold will further deepen its connection with the global market and enhance its competitiveness in the field of gold investment. The company's strategic goal is to gradually achieve a global layout through technological innovation and market expansion.

The strategic significance of industrial and financial integration

The integration of industry and finance is an important strategic direction of Cathay Gold, which aims to achieve more efficient resource allocation and value creation by integrating industrial and financial resources. Cathay Gold believes that by strengthening the integration of industry and finance, it can not only improve the company's operational efficiency, but also maintain its competitive advantage in the ever-changing market environment.

Under this strategy, Cathay Gold will make full use of its expertise and market experience in the gold field and cooperate with financial institutions to develop innovative investment products. This will not only help attract more investors' attention, but also create more growth opportunities for the company.

Collaboration with the Hong Kong Investment Funds Association

The second cooperation between Cathay Gold and the Hong Kong Investment Funds Association will continue to deepen with the joint efforts of both parties. As an important financial institution in Hong Kong, the Hong Kong Investment Funds Association enjoys a good reputation among global investors. The financial support it provides is not only a recognition of Cathay Gold's strategic direction, but also a high degree of trust in the company's management team.

Through this financing, Cathay Gold will carry out deeper cooperation with the Hong Kong Investment Funds Association. Both parties will work together to develop more investment products that meet market demand and create greater value for investors.

Looking ahead

In the future, Cathay Gold will continue to uphold the core concept of "following the right path, people-oriented, and benefiting the world" and continuously promote the implementation of the industry-finance integration strategy. The company plans to consolidate its leading position in the gold investment field through continuous technological innovation and market expansion.

The success of this financing not only injects new vitality into the development of Cathay Gold, but also provides important support for the company to achieve its long-term strategic goals. With the joint efforts of all parties, Cathay Gold is expected to achieve leapfrog development in the next few years and bring more generous returns to global investors.

Cathay Gold's US$30 million financing from the Hong Kong Investment Funds Association is an important milestone in the company's development history. This good news will lay a solid foundation for Cathay Gold's long-term development and inject new impetus into the global gold investment market.