第 1 頁 共 10 頁 v 1.1.1 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年8月31日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 中國有色礦業有限公司 | | | 呈交日期: | 2025年9月2日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 FF301 II. 已發行股份及/或庫存股份變動 (A). 股份期權（根據發行人的股份期權計劃） 不適用 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01258 | 說明 | | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 3,902,036,000 | | 0 | ...

Group 1: Market Overview - The Hang Seng Index fell by 0.61%, down 157 points, closing at 25,460 points, while the Hang Seng Tech Index dropped by 1.78% [1] - The early trading volume in the Hong Kong stock market reached HKD 183.6 billion [1] Group 2: Banking Sector Performance - Chinese banks showed a significant recovery in performance for the first half of the year, attracting insurance capital inflows amid asset scarcity [1] - Chongqing Rural Commercial Bank rose by 4.15%, Agricultural Bank of China increased by 3.65%, and Postal Savings Bank of China gained 2.50% [1] Group 3: Notable Stock Movements - Haotian International Investment surged over 11% as its subsidiary plans to apply for virtual asset trading services [1] - Yunfeng Financial increased by over 8% following a strategic cooperation agreement with Ant Group and investment in Pharos blockchain [1] - China Nonferrous Mining rose over 4% due to rising copper prices improving mid-term performance [1] - Saint Noble Pharmaceutical-B saw a mid-day increase of over 10%, with a 91% year-on-year reduction in shareholder losses [1] - Hualing Pharmaceutical-B gained 2.67%, achieving its first profit in the first half of the year [1] Group 4: Declining Stocks - Chenming Paper Industry fell over 5% due to ongoing production line maintenance, reporting a loss exceeding CNY 3.8 billion for the first half [2] - ZTE Corporation dropped over 8% as its mid-term gross margin significantly declined, with analysts suggesting market optimism was excessive [2] - JS Global Life fell over 8%, reporting a shareholder loss of USD 5,924.2 million and a decrease in gross margin from third-party sales [3] - New Quality Digital plummeted over 11%, with its stock price halved in three trading days due to forced sale of shares by an executive [4]

Group 1: Hong Kong Stock Market Performance - Midea Group (00300) increased nearly 3% with Q2 revenue of 123.9 billion yuan, a year-on-year increase of 11.0%, and net profit of 13.59 billion yuan, up 15.1%. This marks the company's first interim dividend of 5 yuan per 10 shares (tax included) [2] - Sanofi (02257) saw a midday increase of over 12% as its mid-term shareholder loss narrowed by 91%, with STP705 expected to complete commercialization within the year [2] - Ocean Park (02255) rose nearly 3% in early trading, but reported a 14.2% year-on-year decline in revenue to 686 million yuan, with a loss of approximately 296 million yuan due to decreased visitor numbers and consumer spending [2] Group 2: Company Highlights - InnoCare Pharma (02577) increased over 6% with a sales revenue of 553 million yuan, a year-on-year growth of 43.4%, and a gross margin of 6.8%, marking a significant improvement of 28.4 percentage points [3] - Geekplus (02590) rose over 5%, achieving over 30% year-on-year revenue growth as a leader in global warehouse fulfillment AMR [3] - China Nonferrous Mining (01258) increased over 3.8% due to rising copper prices improving mid-term performance, with ongoing resource expansion and acquisitions [3] Group 3: Other Notable Movements - Hengrui Medicine (01276) rose over 1.5% after receiving drug registration approval for EZH2 inhibitor [3] - Horizon Robotics (09660) fell nearly 1% despite exceeding market expectations in revenue, with Goldman Sachs maintaining a positive outlook on HSD system mass production [3] - BYD Electronics (00285) dropped over 0.5% with a nearly 14% year-on-year increase in net profit, accelerating its layout in AI data centers and robotics [3] - Shandong Gold (01787) fell nearly 2% as it plans to raise approximately 3.9 billion HKD through a discounted placement to repay company debts [3]

Core Viewpoint - China Nonferrous Mining (01258) has seen a stock price increase of over 22% following its interim performance report, with a current rise of 7.31% to HKD 11.75, and a trading volume of HKD 122 million [1] Financial Performance - The company reported a revenue of USD 1.7515 billion and a net profit of USD 371.3 million for the first half of the year, representing a year-on-year growth of 22.5% [1] - Profit attributable to shareholders reached USD 263.3 million, up 20.2% year-on-year, with basic earnings per share approximately USD 0.0675 [1] Operational Highlights - The improvement in performance is primarily attributed to the rise in international copper prices, increased production and sales of copper anodes and cathodes, and higher output from self-owned mines [1] - The company produced approximately 85,200 tons of copper from its own mines in the first half of the year, with a raw material self-sufficiency rate of 46.4% [1] Market Position and Outlook - According to Guosen Securities, the company is a leading global copper producer with extensive operations in Zambia and the Democratic Republic of Congo [1] - The company is expected to benefit from the rising copper prices due to its ongoing copper resource development and acquisitions, with a leading dividend payout ratio and yield in the industry [1]

Group 1 - The core viewpoint of the article highlights that China Nonferrous Mining (01258) has seen a stock price increase of over 7%, with a cumulative rise of more than 22% following its interim performance report [1] - The company reported a revenue of $1.7515 billion and a net profit of $371.3 million for the first half of the year, reflecting a year-on-year growth of 22.5% and 20.2% respectively [1] - Earnings attributable to shareholders reached $263.3 million, with basic earnings per share approximately at 6.75 cents [1] Group 2 - The improvement in performance is primarily attributed to the rise in international copper prices, increased production and sales of copper anodes and cathodes, and the growth in output from the company's own mines [1] - The company is recognized as a leading global copper producer, with significant operations in Zambia and the Democratic Republic of Congo [1] - The self-mined copper production totaled approximately 85,200 tons in the first half of the year, with a raw material self-sufficiency rate of 46.4% [1] Group 3 - According to Guosen Securities, the company is expected to benefit from the rising copper prices due to its ongoing copper resource expansion and external acquisitions, which will enhance profit elasticity [1] - The company's dividend payout ratio and yield are noted to be among the highest in the industry, maintaining an "outperform the market" rating [1]

Group 1 - The core viewpoint of the news is that China Nonferrous Mining (01258) experienced a stock price increase of over 7% following the announcement of its mid-year results for 2025, reflecting positive investor sentiment [1] - For the first half of 2025, the company reported revenues of $1.752 billion and a net profit of $371 million, which represents a 22.5% increase compared to the same period in 2024 [1] - The profit attributable to shareholders was $263 million, up 20.2% year-on-year, with basic earnings per share of approximately 6.75 cents, a 17.4% increase from 5.75 cents in 2024 [1] Group 2 - The company produced 111,283 tons of crude copper and anode copper, a decrease of 30.4% year-on-year, while cathode copper production increased by 15.6% to 72,192 tons [1] - The production of cobalt hydroxide was 481 tons, up 1.7%, while sulfuric acid production decreased by 1.9% to 538,433 tons, and liquid sulfur dioxide production saw a significant decline of 85.5% to 1,466 tons [1] - The company also processed 102,708 tons of copper products for external enterprises, marking a substantial increase of 152.9% [1] Group 3 - In the first half of the year, the company enhanced its investor relations efforts, maintaining positive interactions with domestic and international investors, which contributed to its favorable market performance [2] - The company announced its subscription to a stake in the Balkhash copper mine in Kazakhstan, indicating a breakthrough in its external mergers and acquisitions strategy, which is expected to open a new chapter in its development [2]

Group 1 - The core viewpoint of the news is that China Nonferrous Mining (01258) experienced a stock price increase of over 7% following the announcement of its mid-year results for 2025, reflecting positive investor sentiment [1] - For the first half of 2025, the company reported revenues of $1.752 billion and a net profit of $371 million, which represents a year-on-year increase of 22.5% compared to the same period in 2024 [1] - The profit attributable to shareholders was $263 million, up 20.2% from the previous year, with basic earnings per share of approximately 6.75 cents, a 17.4% increase from 5.75 cents in 2024 [1] Group 2 - The company produced a total of 111,283 tons of crude copper and anode copper, a decrease of 30.4% year-on-year, while cathode copper production increased by 15.6% to 72,192 tons [1] - The production of cobalt hydroxide was 481 tons, up 1.7%, while sulfuric acid production decreased by 1.9% to 538,433 tons, and liquid sulfur dioxide production saw a significant decline of 85.5% to 1,466 tons [1] - The company also processed 102,708 tons of copper products for external enterprises, marking a substantial increase of 152.9% [1] Group 3 - In the first half of the year, the company enhanced its investor relations efforts, maintaining positive interactions with both domestic and international investors, which contributed to its favorable market performance [2] - The company announced its subscription to a stake in the Balkhash copper mine in Kazakhstan, indicating a strategic move towards further acquisitions and control, marking a breakthrough in its external expansion efforts [2]

Core Viewpoint - China Nonferrous Mining Co., Ltd. reported a strong financial performance for the first half of 2025, with significant increases in net profit and earnings per share, despite challenges in production volumes and external market conditions [1][6]. Financial Performance - The company achieved revenues of $1.752 billion and a net profit of $371 million, representing a year-on-year increase of 22.5% [1] - Profit attributable to shareholders was $263 million, up 20.2% from the previous year [1] - Basic earnings per share for shareholders were approximately 6.75 cents, a 17.4% increase from 5.75 cents in 2024 [1] Production Metrics - Total production of crude copper and anode copper was 111,283 tons, a decrease of 30.4% year-on-year [1] - Cathode copper production increased by 15.6% to 72,192 tons [1] - Cobalt hydroxide production was 481 tons, up 1.7% year-on-year [1] - Sulfuric acid production decreased by 1.9% to 538,433 tons [1] - Liquid sulfur dioxide production saw a significant decline of 85.5% to 1,466 tons [1] - The company processed 102,708 tons of copper products for external enterprises, a substantial increase of 152.9% [1] Project Development - Major ongoing projects are progressing well, with geological surveys and engineering investigations completed for key mining operations [2] - The company is on track to complete various construction and environmental assessments for its projects by the end of 2025 [2][3][4][5] - The Luanshya new mine project is a key focus for sustainable development, with significant progress in water drainage and infrastructure work [3] Market Environment and Strategic Initiatives - The company faced challenges from external factors such as fluctuating copper prices due to U.S. tariff policies and instability in the Democratic Republic of Congo [6][7] - Despite these challenges, the company maintained strong operational performance and achieved record economic indicators [7] - The company has strengthened investor relations and announced a strategic acquisition of a stake in the Balkhash copper mine in Kazakhstan, marking a breakthrough in its expansion efforts [7]

Financial Performance - In the first half of 2025, the company achieved revenue of $1.752 billion and a net profit of $371 million, representing a year-on-year increase of 22.5% compared to the same period in 2024 [1] - The profit attributable to shareholders was $263 million, up 20.2% year-on-year, with basic earnings per share of approximately 6.75 cents, an increase of about 17.4% from 5.75 cents in 2024 [1] Production Metrics - From January to June 2025, the company produced 111,283 tons of crude copper and anode copper, a decrease of 30.4% year-on-year; however, cathode copper production increased by 15.6% to 72,192 tons [1] - Cobalt hydroxide production reached 481 tons, up 1.7% year-on-year, while sulfuric acid production was 538,433 tons, down 1.9% [1] - The company processed 102,708 tons of copper products for external enterprises, marking a significant increase of 152.9% [1] Project Development - Major ongoing projects are progressing well, with geological surveys and engineering investigations completed for the slope road of the non-ferrous Africa mining project [2] - The company is on track to complete the construction of the main western selection plant renovation project by the end of September 2025 [2] - The new copper smelting project in Luanshya is a key focus for sustainable and high-quality development, with significant progress in water drainage work [3] Environmental and Operational Challenges - The company faced increased external uncertainties, including fluctuating international copper prices due to U.S. tariff policies and domestic instability in the Democratic Republic of Congo [6] - Despite these challenges, the company maintained strong production performance, achieving historical highs in key economic indicators [7] Strategic Initiatives - The company has strengthened investor relations and maintained a high dividend payout ratio to reward shareholders, which has positively impacted its market performance [7] - In June, the company announced the acquisition of a stake in the Balkhash copper mine in Kazakhstan, marking a breakthrough in its external acquisition strategy [7]

Financial Performance - In the first half of 2025, the company achieved revenue of $1.752 billion and a net profit of $371 million, representing a year-on-year increase of 22.5% compared to 2024 [1] - The profit attributable to shareholders was $263 million, up 20.2% from the same period in 2024 [1] - Basic earnings per share for shareholders were approximately 6.75 cents, an increase of about 17.4% from 5.75 cents in 2024 [1] Production Metrics - From January to June 2025, the company produced 111,283 tons of crude copper and anode copper, a decrease of 30.4% year-on-year [1] - The production of cathode copper was 72,192 tons, reflecting a year-on-year increase of 15.6% [1] - Cobalt hydroxide production was 481 tons, up 1.7% year-on-year, while sulfuric acid production was 538,433 tons, down 1.9% [1] - The company processed 102,708 tons of copper products for external enterprises, a significant increase of 152.9% [1] Project Development - Major ongoing projects are progressing smoothly, with geological surveys and engineering investigations completed for the slope road project [2] - The company plans to complete the construction of the slope road by the end of Q3 2028, depending on the route adjustments [2] - The main and auxiliary well curtain grouting water control project is advancing, with significant reductions in water inflow [2] Environmental and Infrastructure Projects - The company has completed procurement and construction for several environmental and infrastructure projects, including a new oxygen system and environmental governance for smelting [3] - The Luanshya copper smelting project is operational, with ongoing construction for related facilities [4] Strategic Initiatives - The company is actively pursuing external acquisitions, including a stake in the Kazakhstan Balkhash copper mine, marking a breakthrough in its expansion strategy [7] - The management emphasizes maintaining production stability, profitability, and a focus on safety, environmental compliance, and sustainable development for the remainder of 2025 [7]