Wanguo Gold Group Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

SEHK:3939 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
03 Nov 25	BuyHK$29,634,210	Mingqing Gao	Individual	1,010,000	HK$29.34
10 Oct 25	BuyHK$1,972,880	Guobiao Wang	Individual	52,000	HK$37.94
09 Oct 25	BuyHK$1,044,680	Guobiao Wang	Individual	26,000	HK$40.18
03 Sep 25	BuyHK$732,374,943	Mingqing Gao	Individual	22,500,000	HK$32.55
26 Aug 25	BuyHK$8,924,671	Mingqing Gao	Individual	300,000	HK$29.75
26 Aug 25	SellHK$222,322,520	Zijin Mining Group Company Limited	Company	7,500,000	HK$29.64
25 Aug 25	BuyHK$12,909,079	Jinzhu Gao	Individual	420,000	HK$30.74
25 Aug 25	SellHK$732,375,053	Mingqing Gao	Individual	22,500,000	HK$32.55
22 Aug 25	BuyHK$5,965,240	Mingqing Gao	Individual	200,000	HK$29.83
21 Aug 25	SellHK$75,129,511	Zijin Mining Group Company Limited	Company	2,310,000	HK$32.52
16 Apr 25	SellHK$181,521,989	Guangping He	Individual	9,812,000	HK$18.50
10 Apr 25	SellHK$116,925,990	Guangping He	Individual	8,334,000	HK$14.03

Insider Trading Volume

Insider Buying: 3939 insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 3939?
Owner Type	Number of Shares	Ownership Percentage
Institutions	39,714,739	3.59%
General Public	263,954,475	23.9%
Public Companies	324,564,000	29.3%
Individual Insiders	478,093,986	43.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 76.14% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
25.6%	Mingqing Gao	282,910,000	HK$9.3b	0.54%	no data
15.6%	Shandong Humon Smelting Co., Ltd.	172,814,000	HK$5.7b	0%	no data
13.7%	Zijin Mining Group Company Limited	151,750,000	HK$5.0b	-17.5%	no data
12.8%	Jinzhu Gao	141,097,000	HK$4.6b	0.3%	no data
4.88%	Guangping He	54,008,986	HK$1.8b	-25.2%	no data
1.05%	Van Eck Associates Corporation	11,564,632	HK$379.3m	1.91%	0.03%
0.84%	The Vanguard Group, Inc.	9,322,000	HK$305.8m	0%	no data
0.76%	Mirae Asset Global Investments Co., Ltd.	8,416,583	HK$276.1m	58%	0.03%
0.36%	BlackRock, Inc.	3,930,000	HK$128.9m	23.4%	no data
0.24%	Dimensional Fund Advisors LP	2,653,862	HK$87.0m	3.63%	no data
0.099%	Gold Mountains Asset Management Ltd.	1,100,000	HK$36.1m	-82.9%	100.0%
0.063%	Invesco Capital Management LLC	702,000	HK$23.0m	0%	no data
0.041%	ETFS Management (AUS) Limited	452,725	HK$14.8m	-4.32%	0.06%
0.04%	BNY Asset Management	448,000	HK$14.7m	13.1%	no data
0.023%	First Trust Advisors LP	255,238	HK$8.4m	38.7%	no data
0.02%	State Street Global Advisors, Inc.	220,000	HK$7.2m	-30.4%	no data
0.017%	Victory Capital Management Inc.	186,650	HK$6.1m	0%	no data
0.017%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	186,000	HK$6.1m	0%	no data
0.012%	Geode Capital Management, LLC	129,992	HK$4.3m	20.4%	no data
0.009%	Mackenzie Financial Corporation	100,000	HK$3.3m	0%	no data
0.007%	Guobiao Wang	78,000	HK$2.6m	0%	no data
0.0027%	Hwabao WP Fund Management Co., Ltd	30,000	HK$983.4k	0%	no data
0.00072%	Northern Trust Global Investments	8,000	HK$261.3k	0%	no data
0.00054%	Goldman Sachs Asset Management, L.P.	6,000	HK$196.0k	0%	no data
0.00017%	ICBC Credit Suisse Asset Management (International) Company Limited	1,919	HK$61.7k	-4.05%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/15 14:27
End of Day Share Price	2025/11/14 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Wanguo Gold Group Limited is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Chong Ao	Citic Securities Co., Ltd.
Mengluan Liu	Guosen Securities Co., Ltd.
Chunli Zhan	Guotai Junan International Holdings Limited