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，並表明概不就因本公告全部或任何部分 內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 China Nonferrous Mining Corporation Limited 中國有色礦業有限公司 （根據公司條例於香港註冊成立的有限公司） （股份代號：01258） 內幕消息 – 中色非洲礦業有限公司東南礦體暫時停產 二. 停產影響及應對措施 本公告乃中國有色礦業有限公司（「本公司」）根據香港聯合交易所有限公司證券上 市規則（「上市規則」）第13.09(2)條及證券及期貨條例第XIVA部項下之內幕消息條 文（定義見上市規則）而作出。 本公司附屬公司中色非洲礦業有限公司（「中色非洲礦業」）的東南礦體井筒內發生 一起物體打擊事件，造成分包商一名中方員工身亡。根據贊比亞礦山安全管理局 及本公司及其附屬公司（「本集團」）安全管理相關規定，中色非洲礦業東南礦體自 2025年6月27日起暫時停產，初步預計停產時間約為90天。在專家組完成現場檢查 評估後，中色非洲礦業將根據當地法規要求制定整改措施，確定最終停產 ...

Core Viewpoint - As of July 18, 160 stocks reached their 52-week highs, with notable performances from China New Economy Investment (00080), Aoyuan Group Equity (02905), and Zhong An Holdings Group (08462) showing high growth rates of 288.89%, 55.28%, and 50.00% respectively [1][2]. Summary by Category 52-Week High Performers - China New Economy Investment (00080) closed at 0.440, with a peak price of 0.700, achieving a growth rate of 288.89% [2]. - Aoyuan Group Equity (02905) closed at 0.218, with a peak price of 0.250, achieving a growth rate of 55.28% [2]. - Zhong An Holdings Group (08462) closed at 0.221, with a peak price of 0.228, achieving a growth rate of 50.00% [2]. - Other notable performers include Hualian International (00969) with a growth rate of 40.13% and Zhongke Bio (01237) with a growth rate of 37.25% [2]. Additional High Performers - Wanma Holdings (06928) closed at 0.550 with a growth rate of 30.43% [2]. - Lepu Biopharma-B (02157) closed at 7.940 with a growth rate of 24.54% [2]. - Other stocks with significant growth include ZhiJianYueDong (06860) at 17.14% and China Jindian Group (08281) at 17.12% [2]. 52-Week Low Performers - The document also lists stocks that reached their 52-week lows, with XI Ernan CO-U (09311) showing a decline of 16.10% [6]. - Other notable declines include XI Ernan CO (07311) at -12.62% and Haotian International Construction Investment (01341) at -5.70% [6].

Group 1 - The core viewpoint of the news is that China Nonferrous Mining Group Co., Ltd. has received an "AAAsti" rating for its upcoming bond issuance, reflecting its strong resource reserves and complete industrial chain [1] - The company has shown improvements in profitability and operational performance, supported by its scale advantages and smooth financing channels [1] - However, the rating agency also noted potential risks related to industry cyclicality and overseas business operations that could impact the company's overall credit status [1] Group 2 - China Nonferrous Mining Group Co., Ltd. is a large state-owned enterprise directly managed by the State-owned Assets Supervision and Administration Commission, with a history dating back to 1983 [2] - The company was established through a series of transformations and asset separations, with its current name adopted in 2005 and a registered capital of 200 million yuan [2] - In 2024, the company achieved a total operating revenue of 132.368 billion yuan [2]

[Annual Report Supplement Announcement](index=1&type=section&id=Annual%20Report%20Supplement%20Announcement) This announcement supplements the annual report by disclosing previously omitted personal compensation information for President Yang Dayong [Purpose and Background of the Announcement](index=1&type=section&id=Purpose%20and%20Background%20of%20the%20Announcement) This announcement supplements the 2024 fiscal year annual report to disclose previously omitted personal compensation details for President Yang Dayong, appointed on December 27, 2023 - This announcement supplements the annual report for the year ended December 31, 2024, to disclose previously omitted personal compensation for President Yang Dayong[3](index=3&type=chunk) - Mr. Yang Dayong was appointed as the company's President on December 27, 2023[3](index=3&type=chunk) [President's Compensation Disclosure](index=1&type=section&id=President%27s%20Compensation%20Disclosure) The announcement details President Yang Dayong's compensation for 2023 and 2024, totaling **$130,000** in 2024, which includes a discretionary performance bonus based on the group's after-tax profit President Yang Dayong's Compensation Details (in thousands of USD) | | Salary and Other Allowances | Discretionary Performance Bonus | Retirement Benefit Scheme Contributions | Total | | :--- | :--- | :--- | :--- | :--- | | **2024** | 77 | 36 | 17 | 130 | | **2023** | 1 | N/A | N/A | 1 | - The discretionary performance bonus is determined as a percentage of the Group's after-tax profit[3](index=3&type=chunk) [Other Information and Disclaimer](index=2&type=section&id=Other%20Information%20and%20Disclaimer) The company confirms the original annual report's content remains unchanged except for the compensation disclosure, advises caution, and lists board members as of July 14, 2025 - The company confirms that, apart from this supplementary disclosure, all other information contained in the annual report remains unchanged[4](index=4&type=chunk) - The announcement lists the board of directors as of the publication date, July 14, 2025[4](index=4&type=chunk)

Investment Rating - The report maintains an "Accumulate" rating for the non-ferrous metals industry [2]. Core Views - The report highlights that the "anti-involution" policy is guiding a short-term strength in energy metals, while gold is under pressure due to rising U.S. Treasury yields and a stronger dollar [1]. - The report suggests that despite short-term fluctuations, the long-term bullish trend for gold remains intact due to central bank purchases and fiscal concerns [1]. - Industrial metals are experiencing mixed trends, with copper facing supply disruptions and aluminum entering a potential inventory accumulation phase [1]. Summary by Sections Weekly Data Tracking - The non-ferrous metals sector showed mixed performance this week, with varying price movements across different metals [10]. - The report notes that the overall non-ferrous metals index increased by 1.0%, with energy metals up by 1.0% and industrial metals up by 1.5% [16]. Industrial Metals - **Copper**: Global copper inventory increased slightly to 518,000 tons, with supply disruptions from MMG and Hudbay Minerals affecting logistics [1]. The copper price has seen fluctuations due to macroeconomic factors and demand-side pressures [1]. - **Aluminum**: The report indicates a potential inventory accumulation cycle, with production recovering in some regions while demand remains subdued [1]. Energy Metals - **Lithium**: The report notes a continued strength in lithium prices, driven by supply constraints and robust demand from electric vehicle sales [1]. The price of battery-grade lithium carbonate rose to 64,000 yuan/ton, reflecting a 1.5% increase [26]. - **Metal Silicon**: The report discusses a short-term upward trend in silicon prices due to production cuts and recovery expectations in polysilicon plants [1]. Key Stocks - The report recommends several stocks for investment, including Zijin Mining, Shandong Gold, and Luoyang Molybdenum, all rated as "Buy" [5]. Company Announcements - Zijin Mining announced an asset acquisition of the RG gold mine project, with a valuation of 1.2 billion yuan [34]. - Ganfeng Lithium completed the acquisition of Mali Lithium, enhancing its lithium resource integration strategy [34]. Price and Inventory Changes - The report provides detailed price movements for various metals, indicating that gold prices increased by 4.2% over the week, while copper prices saw a slight decline [21][23]. Market Trends - The report emphasizes the ongoing supply-demand dynamics in the non-ferrous metals market, with particular attention to the impact of macroeconomic indicators on metal prices [1].

Core Insights - The data indicates significant trading volume increases for various companies, suggesting heightened investor interest and potential market movements [1][2][3][4][5] Group 1: Companies with Notable Volume Increases - 阳光能源 (00757) reported a volume ratio of 2.35, indicating strong trading activity [2] - 长城汽车 (02333) had a volume ratio of 2.21, reflecting increased investor engagement [2] - 郑煤机 (00564) showed a volume ratio of 1.92, suggesting a notable rise in trading [2] Group 2: Additional Companies with Increased Trading Activity - 万国数据-SW (09698) recorded a volume ratio of 1.83, indicating significant market interest [2] - 映恩生物-B (09606) had a volume ratio of 1.78, reflecting heightened trading activity [2] - 超盈国际控股 (02111) reported a volume ratio of 1.71, suggesting increased investor focus [2] Group 3: Companies with Moderate Volume Ratios - 中国能源建设 (03996) had a volume ratio of 1.70, indicating a solid level of trading activity [2] - 亚信科技 (01675) reported a volume ratio of 1.60, reflecting moderate investor interest [2] - 金宝通 (00320) showed a volume ratio of 1.53, suggesting a rise in trading volume [2] Group 4: Companies with Lower Volume Ratios - 中国水务 (00855) had a volume ratio of 1.52, indicating stable trading activity [2] - 广汽集团 (02238) reported a volume ratio of 1.52, reflecting consistent investor engagement [2] - 凯莱英 (06821) showed a volume ratio of 1.52, suggesting steady trading interest [2]

Group 1 - The company was established in 2011 through the restructuring of four copper enterprises in Zambia and has become a global leader in vertically integrated copper production [1] - The company has expanded its operations from the Chambishi Copper Mine in Zambia to the Democratic Republic of Congo, forming a "Zambia-Congo" dual-core strategic layout [1] - The company aims to become a world-class mining group by accelerating global resource integration and operational upgrades since its listing on the Hong Kong Stock Exchange in 2012 [1] Group 2 - As of the end of 2024, the company's total ore resources amount to 436 million tons, ranking it among the top tier in the global industry [2] - The company plans to enhance exploration investments, completing over 50,000 meters of drilling and a capital expenditure of $169 million in 2024, a significant increase of 23% year-on-year [2] - From 2020 to 2024, the company's self-produced copper metal volume is expected to increase from 99,000 tons to 159,000 tons, a growth of over 60% [2]

Investment Rating - The report provides a "Strong Buy" investment rating for the company, with a current stock price of 7.5 HKD [2][7]. Core Insights - The company has established itself as a leading vertically integrated copper producer globally, with a strategic focus on the "Zambia-Congo" dual-core layout [1][7]. - The company aims to double its copper production from its own mines within the next five years, leveraging its strong resource endowment and ongoing projects [7][41]. - The company reported a significant increase in net profit, reaching 3.99 billion USD in 2024, a 43.5% year-on-year growth, attributed to rising copper prices and enhanced production capacity [18][21]. Summary by Sections Company Overview - The company was established in 2011 through the restructuring of four Zambian copper enterprises and has since become a pioneer in overseas non-ferrous metal mining for Chinese enterprises [1][11]. - The company has a total market capitalization of 28.4 billion HKD and a total share capital of 3,902 million shares [2]. Financial Data and Valuation - The projected total revenue for 2023 is 25.611 billion CNY, with a year-on-year growth of -10% [6]. - The expected net profit for 2025 is 3.115 billion CNY, corresponding to a PE ratio of 8.6 [6][7]. Resource and Production Capacity - The company has a total ore resource of 436 million tons, ranking it among the top in the industry [31]. - The copper production from self-owned mines increased from 99,000 tons in 2020 to 159,000 tons in 2024, marking a growth of over 60% [37][41]. Shareholder Returns - The company plans to distribute approximately 1.67 billion USD in cash dividends for 2024, representing 42% of its total profit, maintaining a consistent dividend payout ratio of around 40% over the past five years [23][26]. Strategic Projects and Future Outlook - The company is actively expanding its resource base through various projects in Zambia and the Democratic Republic of Congo, with significant investments planned for the coming years [27][53]. - The company has initiated several projects, including the Samba copper mine and Mwambashi copper mine, which are expected to contribute significantly to future production capacity [46][49].

China Nonferrous Mining Corporation Limited 中國有色礦業有限公司 「上市規則」指《香港聯合交易所有限公司證券上市規則》（經不時修訂）。 （根據公司條例於香港註冊成立的有限公司） （股份代號：01258） 提名委員會職權範圍 定義 1. 就本職權範圍（「職權範圍」）而言： 「董事會」指本公司之董事會。 「公司秘書」指本公司任一聯席公司秘書。 「董事」指董事會成員。 「本集團」指於有關期間，本公司及其附屬公司；或若文義另有所指， 於本公司成為其現時附屬公司之控股公司前之期間，本公司之現時 附屬公司；或其現時附屬公司或其前身（視乎具體情況）所營運之業務。 「提名委員會」指董事會根據本職權範圍第2條通過之決議而設立之提名委員會。 「高級管理層」指主席、副主席、總裁、行政總裁、常務總裁、副總裁、財務 總監、資訊科技總監、總法律顧問、聯席公司秘書及本公司之任何其他行政 人員而其薪酬待遇或建議薪酬待遇比其他由董事會委任的人員較為優厚；及 其他由本公司的薪酬委員會視為高級管理層的人士。 「股東」指本公司之股東。 提名委員會職權範圍（2025年6月版） 中文版本僅供參考，如有任何歧義 ...

China Nonferrous Mining Corporation Limited 中國有色礦業有限公司 （根據公司條例於香港註冊成立的有限公司） 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，並表明概不就因本公告全部或任何部分 內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 非執行董事 譚耀宇先生 龔亞妮女士 獨立非執行董事 關浣非先生 高光夫先生 孫玉峰先生 1 董事會共有4個委員會。下表提供各委員會的成員資料： （股份代號：01258） 董事名單及其角色與職能 自2025年6月30日起，中國有色礦業有限公司董事會（「董事會」）成員載列如下： 執行董事 肖波先生 （主席） | | 委員會 | 審核 | 提名 | 薪酬 | 合規 | | --- | --- | --- | --- | --- | --- | | 董事 | | 委員會 | 委員會 | 委員會 | 委員會 | | 肖波先生 | | | | M | C | | 譚耀宇先生 | | M | | | | | 龔亞妮女士 | | | M | | | | 關浣非先生 | | M ...