Financial Performance - The company's operating revenue for Q1 2024 was CNY 149,949,264 thousand, representing a 3.81% increase year-over-year[10] - Net profit attributable to shareholders decreased by 20.56% to CNY 2,678,657 thousand[10] - The basic earnings per share (EPS) was CNY 0.12, down 20.00% compared to the previous year[10] - Net profit for Q1 2024 was CNY 3,144,854, down 28.34% from CNY 4,388,882 in Q1 2023[39] - Operating profit for Q1 2024 decreased to CNY 3,875,664, a decline of 26.78% from CNY 5,301,192 in Q1 2023[38] - Total comprehensive income for Q1 2024 was CNY 3,214,758, a decrease of 25.4% from CNY 4,309,121 in Q1 2023[41] - Net income attributable to shareholders for Q1 2024 was CNY 2,740,760, down 17.3% from CNY 3,313,169 in Q1 2023[41] Assets and Liabilities - Total assets increased by 6.27% to CNY 703,095,119 thousand compared to the end of the previous year[11] - The company's total liabilities increased to CNY 528,049,613 from CNY 493,611,071, marking a rise of 6.97%[35] - Current liabilities rose to CNY 478,417,911, up from CNY 448,818,443 at the end of 2023, indicating a 6.67% increase[35] - Long-term borrowings increased to CNY 37,042,917 from CNY 34,168,791, reflecting an increase of 5.43%[35] - The total equity of shareholders increased to 119,172,924 thousand RMB in 2024 from 115,385,473 thousand RMB in 2023, reflecting a growth of 2.4%[55] Cash Flow - The net cash flow from operating activities was negative at CNY (30,747,367) thousand, not applicable for comparison[10] - Cash inflow from operating activities in Q1 2024 was CNY 116,613,345, a decrease of 9.9% from CNY 129,401,342 in Q1 2023[45] - Net cash flow from operating activities for Q1 2024 was (CNY 30,747,367), compared to (CNY 21,557,680) in Q1 2023, indicating a worsening cash flow situation[45] - Cash inflow from investing activities in Q1 2024 was CNY 197,374, significantly lower than CNY 746,948 in Q1 2023, a decline of 73.6%[47] - Net cash flow from investing activities for Q1 2024 was (CNY 675,735), compared to (CNY 1,345,130) in Q1 2023, showing reduced investment activity[47] - Cash inflow from financing activities in Q1 2024 was CNY 95,423,281, slightly up from CNY 94,871,687 in Q1 2023[47] - Net cash flow from financing activities for Q1 2024 was CNY 36,669,904, compared to CNY 35,749,953 in Q1 2023, indicating stable financing[48] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 336,717[16] - The largest shareholder, China Metallurgical Group Corporation, holds 49.18% of the shares[17] - The company has a significant shareholder, China Metallurgical Group Corporation, holding 10,190,955,300 shares, representing a substantial portion of the total shares[22] - The top ten unrestricted shareholders collectively hold shares amounting to 63,516,600 each from various asset management plans[22] Market and Strategic Initiatives - The company has not disclosed any new product developments or market expansion strategies in this report[10] - The company signed new contracts totaling RMB 316.945 billion in Q1 2024, a decrease of 2.72% compared to the same period last year[28] - The new overseas contract amount reached RMB 18.734 billion, representing a growth of 151% year-on-year[28] - The company is focused on expanding its market presence and enhancing its operational efficiency through strategic initiatives[28] Research and Development - Research and development expenses remained stable at CNY 2,817,852, slightly up from CNY 2,814,669 in Q1 2023[38]

中国冶金科工股份有限公司（以下简称"本公司"）董事会及全体董事保证 本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实 性、准确性和完整性承担法律责任。 本公司 2024 年一季度新签合同额人民币 3,169.5 亿元，同比降低 2.7%，其 中，一季度新签工程合同额人民币 3,068.2 亿元。新签工程承包项目主要经营数 据如下： | 细分行业 | 2024 | 年 1-3 月 | | | --- | --- | --- | --- | | | 新签项目数量 （个） | 新签合同额 （亿元） | 同比增减 | | 冶金工程与运营服务 | 1,313 | 514.7 | 26.6% | | 房屋建筑工程 | 903 | 1,607.7 | 2.6% | | 市政与基础设施工程 | 391 | 417.2 | -29.6% | | 工业制造业及其他工程 | 460 | 528.6 | -8.9% | | 总计 | 3,067 | 3,068.2 | -2.5% | 截至 2024 年 3 月 31 日，本公司无已签订尚未执行的重大项目。 中国冶金科工股份有限公司 2024 年一季度主要经营数 ...

Financial Performance - The company's operating revenue for Q1 2024 was RMB 149,949,264 thousand, representing a year-on-year increase of 3.81%[4] - The net profit attributable to shareholders of the listed company was RMB 2,678,657 thousand, showing a decrease of 20.56% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 2,668,559 thousand, down 18.75% year-on-year[4] - The basic earnings per share for the period was RMB 0.12, reflecting a decrease of 20.00%[4] - Net profit for Q1 2024 was RMB 3,144,854 thousand, down 28.34% from RMB 4,388,882 thousand in Q1 2023[16] - Total comprehensive income for Q1 2024 was RMB 3,214,758 thousand, a decrease from RMB 4,309,121 thousand in Q1 2023[17] - Basic earnings per share for Q1 2024 were RMB 0.12, down from RMB 0.15 in Q1 2023[17] Assets and Liabilities - The total assets at the end of the reporting period were RMB 703,095,119 thousand, an increase of 6.27% from the end of the previous year[5] - The equity attributable to shareholders of the listed company was RMB 152,125,543 thousand, up 4.57% compared to the end of the previous year[5] - Total assets as of March 31, 2024, included cash and cash equivalents of RMB 2,943,400 thousand, significantly up from RMB 993,899 thousand at the end of 2023[20] - Total liabilities increased to RMB 528.050 billion from RMB 493.611 billion at the end of 2023[15] - The company’s total liabilities increased to CNY 63.67 billion as of March 31, 2024, up from CNY 56.30 billion at the end of 2023, indicating a rise of about 13.4%[23] - Shareholders' equity totaled RMB 175.046 billion, up from RMB 167.991 billion at the end of 2023[15] - Shareholders' equity totaled CNY 119.17 billion, an increase from CNY 115.39 billion at the end of 2023, representing a growth of approximately 3.2%[23] Cash Flow - The net cash flow from operating activities was negative at RMB (30,747,367) thousand, indicating a significant cash outflow[4] - Cash flow from operating activities showed a net outflow of RMB 30,747,367 thousand in Q1 2024, compared to a net outflow of RMB 21,557,680 thousand in Q1 2023[18] - Cash and cash equivalents at the end of Q1 2024 totaled RMB 39,158,146 thousand, down from RMB 46,420,975 thousand at the end of Q1 2023[19] - The company raised RMB 3,994,458 thousand from investment activities in Q1 2024, compared to RMB 18,000,000 thousand in Q1 2023[19] - Cash and cash equivalents at the end of Q1 2024 amounted to CNY 2.92 billion, down from CNY 6.81 billion at the end of Q1 2023[26] Contracts and Shareholders - In Q1 2024, the company signed new contracts totaling RMB 316.945 billion, a decrease of 2.72% compared to the same period last year[11] - The overseas contract amount reached RMB 18.734 billion, representing a growth of 151% year-on-year[11] - The total number of ordinary shareholders at the end of the reporting period was 336,717[7] - The company has not identified any related party relationships among the top shareholders[10] Expenses - Research and development expenses for Q1 2024 were RMB 2,817,852 thousand, slightly up from RMB 2,814,669 thousand in Q1 2023[16] - The company reported a total operating cost of RMB 144,971,343 thousand in Q1 2024, an increase of 4.4% from RMB 138,012,335 thousand in Q1 2023[16] - The company’s financial expenses for Q1 2024 were CNY 244.51 million, compared to CNY 104.73 million in Q1 2023, indicating an increase of about 133.3%[24] Borrowings - Short-term borrowings surged to RMB 57.866 billion, compared to RMB 28.220 billion at the end of 2023[15] - The company reported a significant increase in short-term borrowings, rising to CNY 25.46 billion from CNY 9.73 billion at the end of 2023, reflecting a growth of approximately 161.5%[22]

A 股简称：中国中冶 A 股代码：601618 公告编号：临 2024-019 中国冶金科工股份有限公司 关于高级管理人员辞职的公告 中国冶金科工股份有限公司（以下简称"本公司"或"公司"）董事会及全 体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其 内容的真实性、准确性和完整性承担个别及连带责任。 2024 年 4 月 25 日，本公司董事会接到副总裁刘福明先生的书面辞职报告。 刘福明先生因个人原因，辞去本公司副总裁职务，辞职报告自送达公司董事会之 日起生效。辞职报告载明，刘福明先生在任职期间与本公司管理层无意见分歧。 特此公告。 中国冶金科工股份有限公司董事会 2024 年 4 月 25 日 1 ...

智通财经APP讯，中国中冶(01618)发布公告，公司于近日收到中信证券股份有限公司《关于更换保荐代 表人的函》。原公司持续督导保荐代表人陈淑绵因工作调整原因，不再负责公司首次公开发行 A 股股 票持续督导的保荐代表人工作，中信证券委派黄慈接替陈淑绵担任公司的保荐代表人，继续履行对公司 的持续督导职责。本次保荐代表人更换后，负责公司持续督导工作的保荐代表人为黄慈和杨斌。根据相 关监管规定，上述保荐机构及保荐代表人将履行与募集资金有关的持续督导义务，直至公司首次公开发 行 A 股股票的募集资金使用完毕。 ...

A 股简称：中国中冶 A 股代码：601618 公告编号：临 2024-018 中国冶金科工股份有限公司 关于变更持续督导保荐代表人的公告 中国冶金科工股份有限公司（以下简称"中国中冶"、"本公司"、"公司"）董 事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对 其内容的真实性、准确性和完整性承担法律责任。 本公司于近日收到中信证券股份有限公司（以下简称"中信证券"）《关于更换保 荐代表人的函》。原公司持续督导保荐代表人陈淑绵女士因工作调整原因，不再负责公 司首次公开发行 A 股股票持续督导的保荐代表人工作，中信证券委派黄慈先生（简历 附后）接替陈淑绵女士担任本公司的保荐代表人，继续履行对公司的持续督导职责。本 次保荐代表人更换后，负责公司持续督导工作的保荐代表人为黄慈先生和杨斌先生。根 据相关监管规定，上述保荐机构及保荐代表人将履行与募集资金有关的持续督导义务， 直至本公司首次公开发行 A 股股票的募集资金使用完毕。 特此公告。 附件：黄慈先生简历 中国冶金科工股份有限公司董事会 2024 年 4 月 18 日 附件： 黄慈先生简历 黄慈先生，中信证券股份有限公司高级副总裁，硕士 ...

Financial Performance - The net profit attributable to shareholders for Metallurgical Corporation of China Ltd. in 2023 was RMB 8,670,405 thousand, with undistributed profits amounting to RMB 5,973,377 thousand[1]. - The proposed cash dividend is RMB 0.72 per 10 shares, totaling RMB 1,492,101 thousand, which represents 17.21% of the net profit attributable to shareholders, an increase of 0.47 percentage points from the previous year[1]. - The remaining undistributed profits of RMB 4,481,276 thousand will be used for business development and future distributions[1]. - In 2023, the company achieved a revenue of 633.87 billion yuan and a total profit of 13.765 billion yuan, with a net profit attributable to shareholders of 8.670 billion yuan[13]. - The net profit attributable to shareholders decreased by 15.63% to RMB 8.67 billion in 2023, down from RMB 10.28 billion in 2022[31]. - The net profit after deducting non-recurring gains and losses was RMB 7.55 billion, reflecting a 21.90% decline compared to RMB 9.67 billion in the previous year[31]. - The net cash flow from operating activities significantly dropped by 67.54% to RMB 5.89 billion, compared to RMB 18.15 billion in 2022[31]. - The total comprehensive income attributable to shareholders of the parent company for 2023 was 8,696,981 thousand RMB, down 25.4% from 11,665,520 thousand RMB in 2022[39]. - The basic and diluted earnings per share for 2023 were both 0.33 RMB, compared to 0.45 RMB in 2022, reflecting a decline of 26.67%[39]. - The company's operating revenue for 2023 was CNY 633.87 billion, an increase of CNY 41.20 billion (6.95%) compared to CNY 592.67 billion in 2022[34]. Business Growth and Contracts - The new contract value signed during the year reached 1,424.779 billion yuan, reflecting strong business growth[13]. - The company achieved a new contract amount of CNY 1,424.779 billion, representing a year-on-year increase of 6.04%, with overseas contracts reaching CNY 63.384 billion, up 43.72% year-on-year, marking a historical high[48]. - The company signed new contracts worth CNY 1,424.78 billion, an increase of CNY 81.21 billion (6.04%) from CNY 1,343.57 billion in 2022[34]. - The company has a strong pipeline of projects, with several contracts exceeding 1 billion RMB, indicating robust future revenue potential[74][75]. - The company successfully signed contracts for major projects in key economic regions, including the Yangtze River Delta and the Guangdong-Hong Kong-Macao Greater Bay Area, enhancing its competitive strength in these areas[72]. Innovation and Technology - The company has over 51,000 valid patents, indicating significant advancements in technology and innovation[15]. - The company is committed to advancing its "181 Plan" and key non-steel R&D projects to foster innovation and sustainability[15]. - The company has established 28 national-level R&D platforms and has published 72 international standards and 643 national standards[20]. - The company has successfully completed its annual work tasks and achieved expected goals through a three-year action plan for basic management improvement, enhancing nine major business systems[49]. - The company has made significant progress in digital transformation, establishing a digital control platform covering 16 business departments, enhancing governance efficiency[50]. Market Strategy and Expansion - The company plans to enhance its market presence through strategic projects in key economic zones and the Belt and Road Initiative[14]. - The company is actively expanding its overseas market presence, with significant breakthroughs in projects in Bangladesh and Indonesia, reinforcing its leading position in the global nickel ore smelting sector[67]. - The company is focusing on high-quality markets, clients, and projects, while optimizing its business structure[48]. - The company aims to enhance its capabilities in providing new products, technical services, and comprehensive solutions for the transformation and upgrading of traditional industries[176]. - The company is committed to leveraging favorable economic conditions to capture market opportunities and ensure stable growth while managing risks[176]. Environmental and Social Responsibility - The company is committed to environmental protection and safety management, enhancing its ecological practices and safety protocols to mitigate risks associated with production activities[192]. - The total amount of donations made by the company during the reporting period was approximately CNY 4.1477 million, including charitable contributions to various regions and disaster relief funds[200]. - The company is actively pursuing green and low-carbon development opportunities in the ecological environment sector, aiming to become a leader in the industry[95]. - The company has made significant progress in green and low-carbon technology investments, aligning with the dual carbon policy to promote sustainable development in the steel industry[52]. - The company has established a hydrogen-based direct reduction continuous test platform, successfully completing hot-state trial operations, furthering its commitment to low-carbon technology[51]. Risk Management - The company faces risks from macroeconomic fluctuations, industry policies, and changes in material prices that could impact financial performance[112][113][117]. - The company is committed to addressing macroeconomic risks by closely monitoring economic policies and industry trends[184]. - International operations are subject to various risks, including political and economic factors, prompting the company to implement safety plans and risk assessments for overseas projects[191]. - The company has implemented risk control measures for derivative investments, including market risk analysis and liquidity risk management[169]. - The company will strengthen its strategies for managing commodity price risks by enhancing research on market trends and adjusting procurement and sales strategies accordingly[190]. Future Outlook - The outlook for 2024 includes a commitment to complete annual goals and promote further transformation and upgrading of the company[16]. - The company plans to achieve an operating revenue of CNY 660 billion in 2024, representing a 4.13% increase from 2023[183]. - The new contract signing target for 2024 is set at CNY 1,500 billion, which is a 5.28% increase compared to 2023[183]. - The company aims to enhance its core competitiveness by focusing on five key capabilities: strong value creation, strong market competitiveness, strong innovation drive, strong resource allocation, and strong cultural soft power[179]. - The company will strengthen its management and operational capabilities to achieve sustainable and rapid development in 2024[182].

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 不對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。 王 震 董事會會議通告 中 國 冶 金 科 工 股 份 有 限 公 司（「本公司」）董 事 會（「董事會」）謹 此 宣 佈，董 事 會 會 議 將 於 二 零 二 四 年 四 月 二 十 九 日（星 期 一）舉 行，藉 以（其 中 包 括） 考慮及批准本公司及其附屬公司截至二零二四年三月三十一日止三個 月 之 第 一 季 度 業 績 及 其 發 佈。 承董事會命 中國冶金科工股份有限公司 聯席公司秘書 北 京，中 國 二零二四年四月十七日 於 本 公 告 日 期，董 事 會 包 括 執 行 董 事：陳 建 光 先 生；非 執 行 董 事：郎 加 先 生 及 閆 愛 中 先 生（職 工 代 表 董 事）；以 及 獨 立 非 執 行 董 事：周 紀 昌 先 生、 劉 力 先 生 及 吳 嘉 寧 先 生。 * 僅供識別 ...

A 股简称：中国中冶 A 股代码：601618 公告编号：临 2024-017 特此公告。 中国冶金科工股份有限公司董事会 2024 年 4 月 15 日 本公司 2024 年 1-3 月新签合同额人民币 3,169.5 亿元，较上年同期降低 2.7%，其中新签海外合同额人民币 187.3 亿元，较上年同期增长 151.3%。 3 月份，本公司部分新签单笔合同额在人民币 10 亿元以上的重大工程承包 合同如下： 以上数据为阶段性数据，仅供投资者参考，最终数据以定期报告披露数据为 准。 中国冶金科工股份有限公司 2024 年 1-3 月新签合同情况简报 中国冶金科工股份有限公司（以下简称"本公司"）董事会及全体董事保证 本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实 性、准确性和完整性承担法律责任。 1 单位：人民币亿元 序号 合同签订主体 项目（合同）名称 合同金额 1 中国十七冶集团有限公司 宿州市埇桥区城东片区开发项目一包 59.7 2 中国一冶集团有限公司 郑州市中原高铁港数字展贸城项目工程总承 包（EPC）合同 33.5 3 中国二十二冶集团有限公司 唐山市青年社区及双创大街合 ...

Investment Rating - The report assigns an "Overweight" rating to the company [1] Core Views - The company's 2023 revenue increased by 7% to RMB 6339 billion, but net profit declined by 15.6% due to impairment losses [6] - Operating cash flow decreased by 68% in 2023, with accounts receivable increasing by 39% and impairment losses totaling RMB 8.95 billion [6] - The company plans to achieve a 4.1% revenue growth in 2024, with new contract signings expected to increase by 5.3% [6] - The mineral resources business shows promising potential, with significant reserves and production capacities in nickel, cobalt, copper, lead, and zinc [6] Financial Summary - Revenue growth rates from 2020 to 2026E are projected as follows: 18.2%, 25.1%, 18.4%, 7.0%, 6.6%, 5.2%, and 3.7% [4] - Gross profit increased from RMB 45.429 billion in 2020 to RMB 72.713 billion in 2026E [4] - Net profit growth rates from 2020 to 2026E are projected as follows: 19.1%, 6.5%, 22.7%, -15.6%, 8.1%, 6.9%, and 6.1% [4] - PE ratios from 2020 to 2026E are projected as follows: 4.53, 3.45, 2.81, 3.33, 3.08, 2.89, and 2.72 [4] Market Data - The current stock price is HKD 1.51 [1] - The 52-week price range is HKD 1.35 to HKD 2.46 [2] - The current market capitalization is HKD 31.293 billion [2] Business Segments - Engineering contracting accounted for RMB 5855 billion in revenue, a 9% increase [6] - Resource development revenue decreased by 23% to RMB 68 billion [6] - Specialized business revenue increased by 0.2% to RMB 320 billion [6] - Comprehensive real estate revenue decreased by 27% to RMB 165 billion [6] Operational Highlights - New contract signings in 2023 increased by 6% to RMB 14248 billion, with overseas contracts reaching a record high of RMB 634 billion, a 44% increase [6] - The company has significant mineral reserves, including 1.26 million tons of nickel and 140,000 tons of cobalt in the Ramu Nickel-Cobalt Mine, and 1.84 million tons of copper in the Saindak Copper-Gold Mine [6] - The company is actively advancing the development of the Siadiq Copper Mine with 3.78 million tons of copper reserves and the Aynak Copper Mine with 11.08 million tons of copper reserves [6] Future Outlook - The company plans to achieve a revenue of RMB 6600 billion in 2024, a 4.1% increase [6] - New contract signings are expected to reach RMB 1.5 trillion in 2024, a 5.3% increase [6]