China Gold International Resources Reports 2026 First Quarter Results - Record High Quarterly Net Profit Exceeds USD 200 Million for the First Time

(TheNewswire)

VANCOUVER, May 14, 2026 -TheNewswire – China Gold International Resources Corp.Ltd. (TSX: CGG; HKEX:2099) (“China Gold InternationalResources” orthe “Company”) reportsfinancial and operational results for the threemonths ended March 31, 2026(“Q1”,“first quarter” or “firstquarter of 2026”). Thisnews release should be read in conjunction with the Company’sFinancial Statements, Notes to the Financial Statements andManagement’s Discussion and Analysis.(“MD&A”).

For detailed information, please read the Company’sFinancial Statements and MD&A which are available on SEDAR’swebsite at www.sedar.com, The Stock Exchange of Hong Kong Limited’swebsite at www.hkex.com.hk, the Company's website atwww.chinagoldintl.com, or call the Company at +1-604-609-0598 andemail to info@chinagoldintl.com.

2026 FIRST QUARTERFINANCIAL,PRODUCTION AND OPERATION HIGHLIGHTS

•        Revenue increased by 66% to US$453.2million from US$273.1 million for the same period in 2025.

•        Mine operating earnings of US$292.8million, increased byUS$175.1 million from mine operating earnings of US$117.7 million for the same period in2025.        

•        Net profit of US$236.4 million increasedby US$150.4 million from US$86.0 million for the same period in2025, marking the first time in theCompany's history that quarterly net profit has exceeded US$200million.

•        Cash flow fromoperation of US$268.7 million, increased fromUS$143.5 million for the same period in 2025.

•        Total gold production decreased by 22% to 34,820 ounces from 44,797 ounces for the same period in2025.

•        Total copper production was 37.5 millionpounds (approximately 17,030 tonnes) a slight increase from 37.3million pounds (approximately 16,911 tonnes) for the same period in2025.

The Company's Chairman and CEO, Mr. Chenguang Hou,commented, “The Companymaintained a positive growth trajectory in the first quarter,achieving a record-high quarterly net profit in its history.Benefiting from elevated metal prices and stable operations, wedelivered robust revenue growth and profitability. This provides uswith a solid foundation for executing our strategy for the full year.The Company will remain focused on enhancing operational efficiencyand creating long-term value for our shareholders.”

AboutChina Gold International Resources

China Gold International Resources is a gold and basemetal mining company incorporated in BC, Canada and operates twomines, the Chang Shan HaoGold Mine in Inner Mongolia, China and the Jiama Copper-GoldPolymetallic Mine in Tibet, China. TheCompany’s objective is to build shareholder value through growingproduction at its current mining operations, expanding its resourcebase, and acquiring and developing new projects internationally. TheCompany is listed on the Toronto Stock Exchange (TSX: CGG) and the Main Board of TheStock Exchange of Hong Kong Limited (HKEX: 2099).

For further information on the Company, please refer toSEDAR’s website at www.sedar.com, The Stock Exchange of Hong KongLimited’s website at www.hkex.com.hk, the Company's website atwww.chinagoldintl.com, or call the Company at +1-604-609-0598 andemail to info@chinagoldintl.com.

Cautionary NoteAbout Forward-Looking Statements

Certain information regarding ChinaGold International Resources contained herein may constituteforward-looking statements within the meaning of applicable securitieslaws. Forward-looking statements may include estimates, plans,expectations, opinions, forecasts, projections, guidance or otherstatements that are not statements of fact. Although China GoldInternational Resources believes that the expectations reflected insuch forward-looking statements are reasonable, it can give noassurance that such expectations will prove to have been correct.China Gold International Resources cautions that actual performancewill be affected by a number of factors, most of which are beyond itscontrol, and that future events and results may vary substantiallyfrom what China Gold International Resources currently foresees.Factors that could cause actual results to differ materially fromthose in forward-looking statements include market prices,exploitation and exploration results, continued availability ofcapital and financing and general economic, market or businessconditions. The forward-looking statements are expressly qualified intheir entirety by this cautionary statement. The information containedherein is stated as of the current date and subject to change afterthat date.

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