萬國黃金集團（3939.HK）公告以约1.038亿美元闲置可换股债券募集资金认购摩根大通Mansart隔夜UCITS基金，属常规库务管理

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited
take no responsibility for the contents of this announcement, make no representation as to its
accuracy or completeness and expressly disclaim any liability whatsoever for any loss
howsoever arising from or in reliance upon the whole or any part of the contents of this
announcement.

Wanguo Gold Group Limited
萬國黃金集團有限公司
(Incorporated in the Cayman Islands with limited liability)
(Stock code: 3939)

DISCLOSEABLE TRANSACTION
SUBSCRIPTION OF J.P. MORGAN MANSART
OVERNIGHT FUND
The board (the “Board”) of directors (the “Directors”) of Wanguo Gold Group Limited (the
“Company”) announces that on 4 September 2026, the Company subscribed for the J.P.
Morgan Mansaet Overnight Fund of approximately USD103.8 million (the “JPM
Subscription”).
The key terms of the JPM Subscription are set out in the tables below:
J.P. Morgan Mansart USD ON Fund - USD Share Class A (Acc）
Date of subscription:
4 September 2026
Investment manager:
J.P. Morgan Mansart Management Limited
Principal amount:
USD 103,834,600.00
Terms of product:
Open-ended product
Type of product:
Irish UCITS fund
Investment Objective:
The fund tracks the performance of the benchmark
index net of all fees and expenses
Benchmark index:
Solactive SOFR Daily Total Return Index (BBG:
SOLSOFR Index)
Target Performance:
SOLSOFR+30 p.a.
Investment policy:
The fund enters into one (1) or more swap with one or
more swap counterparties, under which the swap
counterparty or swap counterparties will provide
exposure to the benchmark index.
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The fund shall also invest all, or substantially all, of its
assets in funding investments.
BASIS OF CONSIDERATION
The consideration of JPM Subscription was determined on the basis of commercial terms
negotiated at arm’s length between the Company and the counterparty, having considered (i)
the then available surplus cash of the Company for treasury management purpose; (ii) the
expected investment return and terms of the JPM Subscription; and (iii) the prevailing market
interest rates.
REASONS FOR AND BENEFITS OF THE JPM SUBSCRIPTION
The Irish UCITS funds are of low-risk nature with satisfactory liquidity, and the Subscriptions
are carried out by the Company for treasury management purpose in order to maximize its
return on the cash received from issuance of convertible bonds under general mandate (the
“Issuance of convertible bonds”) (please refer to the announcement date 19 August 2026 for
details). The Group expects that the JPM Subscription will earn a better yield than current
deposits generally offered by commercial banks in the PRC and Hong Kong while at the same
time offer flexibility to the Group in terms of treasury management. The investments would be
closely monitored and conducted in accordance with the Group’s treasury policy. As such, the
Board is of the view that the terms of the JPM Subscription are fair and reasonable, and are on
normal commercial terms and the Subscriptions are in the interests of the Company and the
Shareholders as a whole.
INFORMATION ABOUT THE PARTIES
The Group
The Company is a company incorporated in Cayman Islands with limited liability, whose
shares are listed on the main board of the Stock Exchange of Hong Kong Limited (stock code:
3939) and is an investment holding company whose subsidiaries are principally engaged in the
business of mining, ore processing and sale of concentrates products in the PRC and Solomon
Islands.
J.P. Morgan
J.P. Morgan Mansart Management Limited is part of JP Morgan Chase & Co (NYSE:JPM)
(“JP Morgan”)
JP Morgan is a leading multinational financial institution provides services such as investment
banking, treasury and securities, asset management. private banking, card member, commercial
banking, and home finance. JP Morgan serves business enterprises, institutions, and individuals
worldwide.
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LISTING RULES IMPLICATIONS
As one or more of the applicable percentage ratios (as defined under Rule 14.07 of the Listing
Rules) in respect of the JPM Subscription exceed 5% but less than 25%, the JPM Subscription
constitutes a discloseable transaction of the Company under Chapter 14 of the Listing Rules
and is subject to the reporting and announcement requirements under the Listing Rules.
UTILISATION OF CERTAIN IDLE PROCEEDS RAISED FROM ISSUANCE OF
CONVERTIBLE BONDS FOR TREASURY MANAGEMENT
The net proceeds from the Issuance of Convertible Bonds was approximately HKD 5,439
million (“Issuance Proceeds”). According to the expected timeline for utilisation of the
proceeds from the issuance, the Group anticipates no substantial funding would be used in a
short period of time and a large amount of proceeds from the issuance be left idle.
With a view to enhancing the utilisation and efficiency of its idle Issuance Proceeds, the
Company may apply some of the idle Issuance Proceeds to subscribe for low-risk short-term
wealth management products issued by reputable banks and financial institution, thereby
increasing the overall income of the Company while at the same time ensuring that the planned
usage of the Issuance Proceeds will not be adversely affected or restricted. The Company will
continuously assess the planned usage of the Issuance Proceeds and publish further
announcement(s) in accordance with the requirements of the Listing Rules as and when
appropriate.

By Order of the Board
Wanguo Gold Group Limited
Gao Mingqing
Chairman
Hong Kong, 7 September 2026
As at the date of this announcement, the Board comprises Mr. Gao Mingqing (Chairman), Ms. Gao
Jinzhu, Mr. Wang Guobiao, Mr. Wang Lixin as executive Directors; Mr. Wang Renxiang as nonexecutive Director, and Mr. Tsang Wai Hung, Mr. Wong Chi Ming and Mr. Wang Xin as independent
non-executive Directors.

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香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其
準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而
產生或因倚賴該等內容而引致的任何損失承擔任何責任。

Wanguo Gold Group Limited
萬國黃金集團有限公司
(於開曼群島註冊成立之有限公司)
(股份代號: 3939)

須予披露交易
認購摩根大通Mansart隔夜基金
萬國黃金集團有限公司（「本公司」）董事（「董事」）會（「董事會」)宣佈，於2026
年9月4日，本公司認購摩根大通Mansart隔夜基金約103.8百萬美元。（「JPM認購事
項」)
JPM 認購事項的主要條款列於下表。
摩根大通美元隔夜基金 - 美元份額A類（累積型）
認購日期：
2026年9月4日
投資經理：
J.P. Morgan Mansart Management Limited
本金：
103,834,600美元
產品期限：
開放式產品
產品種類：
愛爾蘭UCITS基金
投資目標：
該基金追蹤基準指數的表現，並扣除所有費用及開
基準指數：
目標績效：
投資範圍：

支。
Solactive SOFR 每 日 總 回 報 指 數 （ 彭 博 代 碼 ：
SOLSOFR Index）
SOLSOFR+30 p.a.
該基金與一家或多家互換交易對手訂立一項或多項
互換合約，據此，該互換交易對手將提供針對基準
指數的風險敞口。
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此外，該基金應將其全部或絕大部分資產投資於融
資性投資。
代價基準
JPM 認購事項各自之代價乃根據本公司與對手方按公平原則磋商之商業條款釐定，並
已考慮 (i) 本公司當時可用作庫務管理用途之現金盈餘；(ii) JPM 認購事項之預期投資
回報及條款；及 (iii) 現行市場利率。
JPM 認購事項之理由及裨益
愛爾蘭 UCITS 基金屬低風險性質，並具滿意的流動性，而認購事項乃由本公司為庫務
管理目的而進行，以盡量提高其根據一般授權發行可換股債券(「發行可換股債券」）所
收取的現金回報（詳情請參閱公告日期 2026 年 8 月 19 日）。本集團預期 JPM 認購事
項將賺取較中國及香港商業銀行一般提供的活期存款為高的收益率，同時為本集團的庫
務管理提供靈活性。有關投資將根據本集團的庫務政策密切監察及進行。因此，董事會
認為 JPM 認購事項的條款屬公平合理，並按一般商業條款訂立，而認購事項符合本公
司及股東的整體利益。

有關各方資訊
本集團
本公司為一間於開曼群島註冊成立之有限公司，其股份於香港聯合交易所有限公司主板
上市（股份代號：3939），並為一間投資控股公司，其附屬公司主要於中國及所羅門群
島從事採礦、礦石選礦及銷售精礦產品業務。
摩根大通
J.P. Morgan Mansart Management Limited 隸屬於摩根大通集團（JPMorgan Chase
& Co.，紐交所代碼：JPM）(「摩根大通」)。
摩根大通集團是一家領先的跨國金融機構，提供投資銀行、資金與證券服務、資產管理、
私人銀行、信用卡業務、商業銀行及住房金融等服務。摩根大通爲全球企業、機構及個
人客戶提供服務。

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上市規則的涵義
由於有關JPM認購事項的一個或多個適用百分比率（定義見上市規則第14.07條）超過
5%但少於25%，根據上市規則第14章，JPM 認購事項構成本公司一項須予披露交易，
並須遵守上市規則的申報及公佈規定。
動用部分閒置發行可換股債券所得款項進行庫務管理
根據一般授權發行可換股債券所得款項淨額約為5,439百萬港元（「發行所得款項」）。
根據預期動用發行所得款項的時間表，本集團預期不會在短期內動用大量資金，而發行
所得款項亦會大量閒置。
為提高閒置發行所得款項的使用率及效率，本公司可能將部分閒置發行所得款項用於認
購由信譽良好的銀行及金融機構發行的低風險短期理財產品，從而增加本公司的整體收
入，同時確保發行所得款項的計劃用途不受影響或限制。本公司將持續評估發行所得款
項的計劃用途，並於適當時候根據上市規則的規定另行刊發公告。

承董事會命
萬國黃金集團有限公司

主席
高明清
香港, 二零二六年九月七日
於本通知日期，董事會包括執行董事高明清先生(主席)、高金珠女士、王國標先生、王立新先生
非執行董事王任翔先生；以及獨立非執行董事曾偉雄先生、王志明先生和王昕先生。

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