Core Viewpoint - Xinjiang Xinxin Mining (03833) announced significant changes in its board of directors, including the resignation of the chairman and the appointment of a new chairman and executive director [1] Group 1: Board Changes - Mr. Qi Xin has resigned as chairman, non-executive director, and member of various committees due to personal business commitments [1] - Mr. Chen Yin has been appointed as the new chairman and member of the remuneration and nomination committees, effective from August 2, 2025, until October 13, 2026 [1] - Mr. Chen Yin will also transition from the role of general manager, effective August 2, 2025 [1] Group 2: New Appointments - The board has recommended Mr. Li Jiangping for election as an executive director at the upcoming shareholders' meeting, with a term lasting until October 13, 2026 [1] - The board approved Mr. Chen Yin's transition from executive director to non-executive director, pending shareholder approval, with the same term ending on October 13, 2026 [1]

Xinjiang Xinxin Mining Industry Co., Ltd.* 新疆新鑫礦業股份有限公司 新 疆 新 鑫 礦 業 股 份 有 限 公 司 董 事 會（「董事會」）成 員 與 其 角 色 和 職 能 載 列 如 下： 執 行 董 事： 陳 寅 （主 席） 非 執 行 董 事： 齊新會 周傳有 （副 王立建 胡承業 獨 立 非 執 行 董 事： 胡本源 （於中華人民共和國註冊成立的股份有限公司） （股份代號：3833） 董事名單與其角色和職能 黃 勇 李道偉 職 工 代 表 董 事： 張 麗 董事會下轄設有4個 委 員 會，各 委 員 會 主 席 及 成 員 載 列 如 下： | | | | | 薪酬與 | | | 戰略與可持 續發展(ESG) | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 審核委員會 | | 考核委員會 | 提名委員會 | | 委員會 | | 齊新會 | | | | | | 主 | 席 | | 陳 寅 | | | 成 | 員 | 成 員 | 成 | 員 | | 周傳有 | | | 成 | 員 | | 成 ...

新疆新鑫礦業股份有限公司 （「本公司」） 7. 委員會的責任 並就以上事項向本公司董事會提供建議及意見﹔ 7.1 委員會負責履行包括但不限於以下責任： (a) 就本公司外聘核數師的委任、重新委任及罷免作出考慮及向董事會提供建議，批 准外聘核數師的核數費用及聘用條款、及處理任何有關該核數師辭職或辭退該核 數師的問題； (b) 按適用的標準檢討及監察外聘核數師是否獨立客觀及核數程序是否有效﹔委員會於 核數工作開始前先與核數師討論核數性質及範疇及有關申報責任； (c) 就外聘核數師提供非核數服務制定政策，並予以執行。就此規定而言，「外聘核數 師」包括與負責核數的公司處於同一控制權、所有權或管理權之下的任何機構，或 一個合理知悉所有有關資料的第三方，在合理情況下會斷定該機構屬於該負責核數 的公司的本土或國際業務的一部分的任何機構。委員會應就任何須採取行動或改善 的事項向董事會報告並提出建議﹔ (d) 監察本公司的財務報表以及年度報告及賬目、半年度報告及（若擬刊發）季度報告 的完整性，並審閱報表及報告所載有關財務申報的重大意見。委員會在向董事 會提交有關報表及報告前，特別針對下列事項加以審閱： (i) 會計政策及實務的 ...

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 不就因本公告全部或任何部分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。 Xinjiang Xinxin Mining Industry Co., Ltd.* 新疆新鑫礦業股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：3833） 公 告 董事會審核委員會變更為審計委員會並修訂 其 職 權 範 圍； 再 次 調 整2021年H股 股 票 增 值 權 激 勵 計 劃 激 勵 對 象 名 單、 有效權益數量及行權價格； 獲部分豁免關聯交易； 非 執行董事辭任 及董事會主席、薪酬與考核委員會 及 提 名 委 員 會 委 員 之 變 更； 總經理 之 變 更； 建議委任執行董事及 建議董事調任 董事會審核委員會變更為審計委員會並修訂 其職權範圍 茲 提 述 新 疆 新 鑫 礦 業 股 份 有 限 公 司（「本公司」）日 期 為2025年6月6日 的 2024年股東周年大會通函及日期為2025年6 ...

Group 1 - The article provides a list of companies listed on the Hong Kong stock market along with their dividend distribution dates and shareholder meeting dates [1][4][5] - Notable companies mentioned include China Railway, Green Town China, and Budweiser APAC, which are scheduled for dividend payments [4][5] - The document outlines various companies' actions regarding capital increases and dividend distributions, indicating ongoing corporate activities in the market [4][5]

Group 1 - Xinjiang Xinxin Mining (03833) announced the proposal to abolish the supervisory board, transferring its powers to the board's audit committee, to enhance corporate governance and decision-making efficiency [1] - The company will elect a staff representative director, Zhang Li, pending approval of the proposed amendments to the company's articles of association at the upcoming annual general meeting [1] Group 2 - The current auditor, Shinewing Certified Public Accountants, will complete its term at the end of the 2024 annual general meeting, with a proposal to appoint Lixin Certified Public Accountants as the new auditor, subject to shareholder approval [2] - The board approved a change in the chairman of the nomination committee, appointing independent non-executive director Hu Benyuan to replace non-executive director Qi Xinhui, effective from May 9, 2025 [2] - Executive director Chen Yin will take over as the company's authorized representative in Hong Kong, effective from May 9, 2025, until the end of the seventh board's term [2]

Resource and Production - The company reported a total resource volume of 89,536,111 tons for its four nickel-copper mines as of December 31, 2024, with a nickel content of 439,346 tons[8]. - The estimated reserves for the Kalatongke nickel-copper mine are 16,951,168 tons, with a nickel grade of 0.63% and a total nickel content of 106,591 tons[8]. - The company holds a 51% stake in the Xianghe Street and Mujiahe vanadium mines, which have a total resource volume of 26,569,500 tons as of December 31, 2024[9]. - The company has a total estimated metal content of 445,454 tons of copper and 439,346 tons of nickel across its mining operations[8]. - The company produced 10,274 tons of electrolytic nickel in 2024, a 36.7% increase from 2023, and 8,792 tons of cathode copper, a 52.4% increase[17]. - In 2024, the company produced 85,115 tons of nickel-copper mixed concentrate and 44,222 tons of nickel concentrate, generating a total revenue of approximately RMB 2,259.8 million from main business operations[20]. Financial Performance - In 2024, the company achieved operating revenue of approximately RMB 2,281.4 million, an increase of about 11.3% compared to 2023[18]. - The net profit for 2024 was approximately RMB 173.9 million, up from RMB 162.3 million in 2023[18]. - The sales revenue from electrolytic nickel was approximately RMB 1,162.0 million, accounting for 51.4% of the total main business revenue[20]. - The gross profit margin for the main business in 2024 was approximately 24.8%, down about 6.6 percentage points from 31.4% in 2023[37]. - The company’s total assets as of 2024 were approximately RMB 7,723.2 million, a slight decrease from RMB 7,837.6 million in 2023[11]. - The total liabilities for 2024 were approximately RMB 2,138.0 million, down from RMB 2,317.1 million in 2023[11]. Sales and Pricing - The average sales price of electrolytic nickel in 2024 was approximately RMB 117,604 per ton, a decrease of about 17.5% from RMB 142,601 per ton in 2023[17]. - The average sales price of cathode copper rose to approximately RMB 67,326 per ton, an increase of about 11.6% from RMB 60,334 per ton in 2023[17]. - The sales volume of electrolytic nickel in 2024 was approximately 9,998 tons, a growth of about 29.1% compared to 7,747 tons in 2023[33]. - The sales volume of cathode copper in 2024 was approximately 8,939 tons, an increase of about 82.1% from 4,908 tons in 2023[33]. Investments and Future Plans - A total investment of approximately RMB 125.2 million was completed in 2024 for upgrading mining and refining capabilities[21]. - The company plans to invest RMB 129.5 million in 2025 for further improvements in mining and refining processes[26]. - The company plans to produce 12,000 tons of electrolytic nickel in 2025, representing an increase of approximately 9.1% compared to 2024[24]. - The company has successfully acquired several mining companies, significantly increasing its nickel and copper resource reserves and production capacity[29]. Corporate Governance - The company has a commitment to high corporate governance standards, adhering to the corporate governance code from January 1, 2024, to December 31, 2024[73]. - The company emphasizes the importance of corporate governance as a fundamental element for protecting shareholder interests[73]. - The board of directors consists of nine members, including one executive director, five non-executive directors, and three independent non-executive directors[76]. - The board has established various committees, including the audit committee, nomination committee, and remuneration and assessment committee, to assist in its duties[82]. - The company has established a robust audit and compliance framework to ensure financial integrity and transparency[66]. Risk Management - The company has implemented a risk management policy that includes a series of processes for assessing and managing risks[120]. - The board believes that the current risk management and internal control systems are effective and adequately cover the company's operational status[119]. - The company faces commodity price risks due to global supply and demand dynamics, which could significantly impact revenue and comprehensive income[45]. Shareholder Relations - The company encourages ongoing communication with shareholders and has established a policy for investor relations and shareholder communication[126]. - The company proposed a final dividend of RMB 0.05 per share for the fiscal year ending December 31, 2024, subject to shareholder approval[138]. - The company has confirmed compliance with relevant laws and regulations, with no significant violations reported during the year[193]. Employee and Board Diversity - The company has a workforce of 1,770 employees, with approximately 81.07% male and 18.93% female employees[97]. - The Nomination Committee is dedicated to maintaining a balanced diversity perspective in the board composition, considering factors such as gender, age, culture, and professional qualifications[94]. - The board's diversity policy includes measurable targets and timelines for achieving gender diversity[95]. Related Party Transactions - The independent non-executive directors have reviewed the related party transactions and confirmed that they are conducted on fair and reasonable terms[191]. - The company has confirmed that all related party transactions are conducted under normal commercial terms and do not exceed the disclosed annual caps[195].

Financial Performance - The operating revenue for the year ended December 31, 2024, was approximately RMB 2,281.4 million, an increase of about 11.3% compared to RMB 2,049.8 million in 2023[5] - The consolidated net profit attributable to shareholders was approximately RMB 185.9 million, reflecting a growth of about 14.3% from RMB 162.7 million in 2023[5] - The gross profit margin decreased to approximately 24.3%, down about 9.6 percentage points from 33.9% in 2023[5] - The basic earnings per share increased to approximately RMB 0.08, up RMB 0.01 from RMB 0.07 in 2023[5] - The company reported a net profit of RMB 173.9 million for continuing operations, compared to RMB 162.3 million in 2023[7] - The company’s consolidated profit for the year 2024 is RMB 215,259,000, an increase from RMB 209,954,000 in 2023, representing a growth of approximately 2.1%[31] - The net profit for 2024 was approximately RMB 173.9 million, up about 7.1% from RMB 162.3 million in 2023[55] - The group reported a comprehensive profit attributable to shareholders of approximately RMB 185.9 million in 2024, an increase of about 14.3% from RMB 162.7 million in 2023[55] Dividends - The board proposed a final dividend of RMB 0.05 per share, consistent with the final dividend amount for 2023[5] - The company plans to distribute a final dividend of RMB 0.05 per share for 2024, consistent with the dividend for 2023[32] - The total proposed final dividend for 2024 amounts to RMB 110,500,000, unchanged from 2023[34] - The company plans to distribute a dividend of approximately RMB 110.5 million, pending approval at the annual general meeting[83] Assets and Liabilities - Total assets as of December 31, 2024, amounted to RMB 7,723.2 million, a decrease from RMB 7,837.6 million in 2023[9] - Total liabilities as of December 31, 2024, were RMB 2,138.0 million, down from RMB 2,317.1 million in 2023[9] - Current assets totaled RMB 2,161.5 million, slightly down from RMB 2,164.0 million in 2023[8] - The company’s cash and cash equivalents were RMB 533.8 million, a decrease from RMB 553.8 million in 2023[8] - The company’s net current assets as of December 31, 2024, were RMB 652,507 thousand, down from RMB 979,049 thousand in 2023[48] - The total assets as of December 31, 2024, were RMB 7,723,225 thousand, a decrease from RMB 7,837,578 thousand in 2023[48] - The company’s long-term payable for mineral resource rights was RMB 331,077 thousand as of December 31, 2024, down from RMB 365,909 thousand in 2023[45] Revenue and Sales - The main business income from electrolytic nickel was RMB 1,161,909 thousand in 2024, slightly down from RMB 1,171,991 thousand in 2023, while cathode copper revenue increased significantly to RMB 601,838 thousand from RMB 296,104 thousand[15] - The total operating revenue for the year ended December 31, 2024, was RMB 2,281,399 thousand, an increase from RMB 2,049,837 thousand in 2023, representing a growth of approximately 11.3%[15] - The total revenue from the main business in 2024 was RMB 2,259.8 million, an increase of 11.5% compared to RMB 2,027.6 million in 2023[61] - The sales volume of cathode copper in 2024 was approximately 8,939 tons, an increase of about 82.1% compared to 4,908 tons in 2023[54] - The sales volume of copper concentrate in 2024 is approximately 10,001 tons, an increase of about 29.8% from 7,703 tons in 2023[64] Costs and Expenses - The total operating costs rose to RMB 1,726,646 thousand in 2024 from RMB 1,354,798 thousand in 2023, reflecting an increase of approximately 27.5%[15] - Selling expenses in 2024 increased by approximately 74.3% to RMB 17.6 million from RMB 10.1 million in 2023, mainly due to increased transportation costs for products sold to distant locations[66] - Financial expenses in 2024 decreased to RMB 38.8 million from RMB 49.7 million in 2023, a reduction of about RMB 10.9 million, primarily due to adjustments in financing scale and costs[68] - Interest expenses decreased to RMB 23,705 thousand in 2024 from RMB 37,498 thousand in 2023, a reduction of approximately 36.8%[25] - The company incurred a total of RMB 48,254 thousand in taxes for the year ended December 31, 2024, compared to RMB 43,082 thousand in 2023, representing an increase of about 11.5%[16] Production and Operations - The company produced 10,274 tons of electrolytic nickel in 2024, representing a 36.7% increase compared to 2023, and produced 8,792 tons of cathode copper, a 52.4% increase from the previous year[53] - The domestic electrolytic nickel production in 2024 was estimated at 378,000 tons, a growth of approximately 62.9% compared to 2023[52] - The company aims to maintain stable production levels for its main products, ensuring balanced operations across mining, selection, smelting, and refining processes[87] - The company plans to produce 12,000 tons of electrolytic nickel in 2025, representing an increase of approximately 9.1% compared to the production plan for 2024[88] - The company plans to maintain a stable production level of 9,900 tons of cathode copper in 2025, consistent with the production plan for 2024[88] Customer Concentration - The company’s three largest customers contributed 26%, 21%, and 12% to total revenue in 2024, compared to 36%, 14%, and 10% in 2023, indicating a shift in customer concentration[14] Governance and Compliance - The company has adhered to all corporate governance codes during the reporting period, ensuring the protection of shareholder interests[90] - The board of directors includes both executive and non-executive members, ensuring diverse governance[98] Future Outlook - The company expects an increase in domestic consumption of electrolytic nickel and cathode copper in 2025, driven by the transition to high-quality development in the Chinese economy[87] - The company plans to enhance safety production facilities and environmental protection measures in response to rising raw material prices and regulatory requirements[53]

Xinjiang Xinxin Mining Industry Co., Ltd.* 新疆 新 鑫 礦 業 股 份 有 限 公 司 (於中華人民共和國註冊成立的股份有限公司) 股份代號 : 3833 20 ct 赞度用 Xinjiang Xinxin Mining Industry Co., Ltd * 新 疆 新 鑫 礦 業 股 份 有 限 公 司 目錄 19 僱員及福利 公司資料 2 4 公司業績 5 資源量和儲量 7 管理層討論與分析 15 董事權益 17 股本及股息 20 企業管治 | --- | --- | |-------|----------------------------------| | | | | | | | 21 | 合併及公司資產負債表（未經審計） | | 24 | 合併及公司利潤表（未經審計） | | 26 | 合併及公司現金流量表（未經審計） | | 28 | 合併股東權益變動表（未經審計） | | 29 | 公司股東權益變動表（未經審計） | | 30 | 財務報表附註（未經審計） | | 196 | 財務報表補充資料（未經審計） | 新疆新鑫礦業股份有限公司 1 公司資料 ...

Financial Performance - The company recorded consolidated operating revenue of RMB 1,065.3 million for the six months ended June 30, 2024, representing a 39.5% increase compared to RMB 763.7 million for the same period last year[5]. - The net profit attributable to shareholders was RMB 145.9 million, a decrease of 14.4% from RMB 170.4 million in the same period last year[5]. - Basic earnings per share attributable to shareholders decreased to RMB 0.066, down from RMB 0.077 in the previous year, a decline of RMB 0.011 per share[5]. - The board does not recommend the distribution of an interim dividend for 2024[5]. - The company recorded a revenue of approximately RMB 1,065.3 million, an increase of about 39.5% compared to RMB 763.7 million in the same period last year[10]. - The net profit for the period was approximately RMB 134.0 million, a decrease of about 21.3% from RMB 170.3 million year-on-year[10]. - The total revenue from main business reached RMB 1,054,384 thousand, a significant increase from RMB 756,431 thousand in the previous year[16]. - The sales volume of electrolytic nickel was 4,378 tons, with a revenue of RMB 531,526 thousand, accounting for 50.4% of total revenue[16]. - The revenue from cathode copper increased by approximately 137.5% to RMB 209,000 thousand, with a sales volume of 3,008 tons[18]. - The gross profit margin for main business was approximately 30.2%, a decrease of about 17.1 percentage points compared to the previous year[18]. Production and Sales - The production of electrolytic nickel reached 4,757 tons, a significant increase of approximately 211.3% from 1,528 tons in the previous year[10]. - The sales of electrolytic nickel were 4,378 tons, up about 35.3% from 3,236 tons year-on-year[10]. - The average selling price of electrolytic nickel (excluding tax) was approximately RMB 124,230 per ton, a decrease of about 29.7% from RMB 176,697 per ton in the previous year[10]. - The average price of electrolytic nickel on the London Metal Exchange was USD 17,750 per ton, down approximately 26.2% from USD 24,045 per ton in the same period last year[9]. - The average price of cathode copper on the Shanghai Futures Exchange was RMB 74,539 per ton, an increase of about 9.8% from RMB 67,862 per ton year-on-year[9]. Assets and Liabilities - As of June 30, 2024, the total assets of the company amounted to RMB 7,763,389,129.03, a decrease of 0.94% from RMB 7,837,578,222.31 as of December 31, 2023[54]. - The company's current assets totaled RMB 2,201,763,304.37, an increase of 1.5% compared to RMB 2,164,018,052.13 at the end of 2023[54]. - The total liabilities decreased to RMB 2,212,520,305.88, down 4.5% from RMB 2,317,069,810.85 at the end of 2023[55]. - The company's inventory decreased to RMB 1,159,756,174.46, a decline of 9.7% from RMB 1,284,579,340.20 as of December 31, 2023[54]. - The company's long-term borrowings decreased to RMB 414,500,000.00, down from RMB 563,700,000.00 as of December 31, 2023[55]. Cash Flow - The company's net cash inflow from operating activities was approximately RMB 166.9 million, an increase of RMB 94.5 million from the previous year[22]. - The net cash flow from operating activities for the six months ended June 30, 2024, was RMB 166,868,964.18, a significant increase from RMB 72,410,717.61 for the same period in 2023, representing a growth of 130.5%[59]. - Total cash inflow from operating activities reached RMB 849,840,024.40, compared to RMB 551,515,195.06 in the previous year, indicating a year-over-year increase of 54.1%[59]. - The company reported a total cash outflow from operating activities of RMB 682,971,060.22, up from RMB 479,104,477.45 in the prior year, reflecting a rise of 42.5%[59]. - Cash and cash equivalents at the end of the period stood at RMB 635,278,496.45, a decrease from RMB 708,669,372.28 as of June 30, 2023[60]. Investments and Expenditures - Capital expenditures for the six months ended June 30, 2024, totaled RMB 80.0 million, with 65.3% allocated to the Kalatongke mining operations[33]. - The group plans to invest approximately RMB 31.2 million to enhance mining and processing capabilities at Kalatongke, and RMB 80.0 million at the Fukang smelting plant for refining capacity improvements[34]. - The investment income for the period was approximately RMB 11.4 million, compared to an investment loss of RMB 16.4 million in the previous year[21]. Shareholder Information - As of June 30, 2024, the company's director, Zhou Chuan You, holds 480,924,000 shares, representing 15.65% of the total share capital[37]. - The major shareholder, Xinjiang Nonferrous Metals Industry (Group) Co., Ltd., holds 885,204,000 shares, representing 40.06% of the total share capital[43]. - The total issued share capital is 2,210,000,000 shares, with 1,259,420,000 domestic shares (56.99%) and 950,580,000 H-shares (43.01%)[42]. Governance and Compliance - The company is committed to complying with the corporate governance code and has adhered to all relevant provisions during the reporting period[48]. - The board consists of nine members, with an attendance rate of 85% at three meetings held during the period[49]. - The supervisory board, comprising five members, held three meetings with an attendance rate of 87%[50]. - The company has adopted a standard code for securities trading, which has been followed by all directors and senior management during the reporting period[51]. Risk Management - The group is exposed to commodity price fluctuations, which may significantly impact revenue and comprehensive income[25]. - The group faces foreign exchange risks as all transactions are conducted in RMB, which may affect operating performance[26]. - The company continues to focus on improving its internal controls and risk assessment as part of its governance strategy[52]. Accounting Policies - The financial report covers the six-month period ending June 30, 2024, with amounts presented in Renminbi (RMB)[72]. - Significant provisions for bad debts are recognized when the amount exceeds 1 million RMB and accounts for over 10% of total bad debt provisions[72]. - The accounting treatment for mergers under common control measures the net assets at book value, with adjustments made to capital reserves or retained earnings as necessary[74]. - For mergers not under common control, the acquisition cost and identifiable net assets are measured at fair value on the purchase date, with any excess recognized as goodwill[75]. - The group recognizes expected credit losses based on the probability-weighted present value of cash flow differences for financial assets measured at amortized cost and those measured at fair value through other comprehensive income[83]. Taxation - The corporate income tax rate for Xinjiang New Xin Mining Co., Ltd. is 15%[149]. - The corporate income tax rate for Xinjiang Monxi Mining Co., Ltd. is 20%[151]. - The corporate income tax rate for Beijing Xinding Shunze High-Tech Co., Ltd. is 25%[151]. - The value-added tax (VAT) rates applicable to the group's main product sales are 13% and 9%[152]. - The resource tax for Karatongke Mining is 4% on the sales amount of taxable products[153]. Inventory Management - The total inventory as of June 30, 2024, was RMB 1,187,604,378.84, with a provision for inventory impairment of RMB 27,848,204.38[197]. - The inventory breakdown included raw materials valued at RMB 105,053,831.65, work in progress at RMB 253,869,002.21, semi-finished products at RMB 389,146,789.09, and finished goods at RMB 439,534,755.89[197]. - The total provision for inventory impairment increased by RMB 10,802,597.63 during the period, with the total provision as of June 30, 2024, being RMB 27,848,204.38[198].