Core Insights - As of August 22, 2025, 1526 A-share listed companies have disclosed their semi-annual reports, with 921 companies reporting a year-on-year net profit growth, accounting for approximately 60.35% [1][3] Group 1: Company Performance - Among the 1526 companies, 761 reported a net profit growth exceeding 10%, 501 exceeded 30%, 359 exceeded 50%, 210 exceeded 100%, and 66 exceeded 300% [3] - Notable companies with significant net profit growth include Shumai Video, Xinda Co., Zhimingda, Rongzhi Rixin, Shijia Photon, and Suotong Development [3] - Shumai Video achieved approximately 267 million yuan in revenue, a year-on-year increase of 24.7%, and a net profit of approximately 16.7 million yuan, a staggering increase of 2747.64% [3] - 567 companies reported net profits exceeding 100 million yuan, 180 exceeded 500 million yuan, 88 exceeded 1 billion yuan, 19 exceeded 5 billion yuan, and 8 exceeded 10 billion yuan [3] - Leading companies by net profit include China Mobile, Kweichow Moutai, CATL, China Telecom, Sinopec, Industrial Fulian, Muyuan Foods, Huaneng International, and Luoyang Molybdenum [3][4] Group 2: Industry Performance - Industries showing strong performance include electronics, transportation, agriculture, automotive, machinery, non-ferrous metals, home appliances, and social services [5] - Within the electronics sector, companies in consumer electronics and semiconductors performed exceptionally well [5] - In the agriculture sector, companies involved in breeding and animal health showed significant performance improvements [5] - Muyuan Foods reported revenue of 764.63 billion yuan, a year-on-year increase of 34.46%, and a net profit of 10.79 billion yuan, a remarkable increase of 952.92% [5] Group 3: Dividend Announcements - As of August 22, 2025, 265 A-share listed companies have announced their mid-term dividend plans [2][6] - Among these, 188 companies plan to distribute cash dividends exceeding 1 yuan per 10 shares (including tax), 77 companies exceeding 3 yuan, 38 exceeding 5 yuan, and 15 exceeding 10 yuan [6][7] - Notable companies with high cash dividends include Jibite, Ninebot, Shuoshi Biology, China Mobile, Dongpeng Beverage, Siwei Liekong, Dong'a Ejiao, and Aimeike [6] - Jibite reported revenue of 2.518 billion yuan, a year-on-year increase of 28.49%, and a net profit of 645 million yuan, a year-on-year increase of 24.50%, proposing a cash dividend of 66 yuan per 10 shares (including tax) [6] - Among the 265 companies, 111 plan to distribute dividends exceeding 100 million yuan, 77 exceeding 200 million yuan, and 37 exceeding 500 million yuan [7]

Core Viewpoint - Luoyang Molybdenum's strong performance in the first half of 2025 is attributed to significant growth in its mining segment, achieving record revenue and profit levels [1][2]. Financial Performance - The company reported a revenue of 94.773 billion yuan and a net profit of 8.671 billion yuan, marking a year-on-year increase of 60.07% [1][2]. - The mining segment's revenue reached a historical high of 39.402 billion yuan, accounting for approximately 42% of total revenue, an increase of 11 and 28 percentage points compared to the same periods in 2024 and 2023, respectively [2]. - Operating costs decreased by 10.96% year-on-year, contributing to improved profitability [3]. - Operating cash flow was 12.009 billion yuan, up 11.40% year-on-year, with a debt-to-asset ratio of 50.15%, down 9.01 percentage points [3]. Product Performance - Copper production reached 353,600 tons, a year-on-year increase of 12.68%, with copper revenue at 25.718 billion yuan, making up about 65% of mining revenue [2]. - Cobalt production was 61,100 tons, with cobalt revenue increasing by 31.94% to 5.728 billion yuan [2]. - Tungsten and molybdenum production also showed positive trends, with tungsten revenue growing by 26.19% to 1.109 billion yuan [2]. Strategic Initiatives - The company is actively expanding its portfolio in renewable energy metals, with significant investments in copper and cobalt [4]. - A recent acquisition of Lumina Gold for 581 million Canadian dollars (approximately 307.6 million yuan) adds a significant gold resource in Ecuador, with a total resource of 1.376 billion tons [4]. - Ongoing projects in the Democratic Republic of Congo aim to increase copper production to 800,000 to 1 million tons [5]. Market Outlook - The company maintains an optimistic outlook for copper prices, citing limited new production capacity and resilient demand from the energy sector [6]. - Cobalt prices are expected to remain high due to export bans and declining market inventories, with sustained demand anticipated [6]. - Tungsten and molybdenum prices are projected to remain stable and resilient, continuing to stay at historically high levels [6].

每经记者｜王佳飞 每经编辑｜魏官红 8月22日晚间，洛阳钼业（603993.SH，股价11.11元，市值2376.91亿元）发布了2025年半年度报告。报 告期内，公司营业收入947.73亿元，同比下降7.83%；归属于上市公司股东的净利润86.71亿元，同比增 长60.07%，创同期历史新高。 洛阳钼业相关工作人员向《每日经济新闻》记者表示："公司降本增效成果显著，营业成本同比下降 10.96%。分矿区看，TFM和KFM（均为位于刚果（金）境内的铜钴矿区）优化工艺流程，开展数智化 微创新等；中国区优化药剂研究等，钼、钨选矿回收率提升，钼铁成本下降。" 主要产品市场价格的上涨为公司利润增长提供了有力支撑。上半年，伦敦金属交易所现货铜均价为9431 美元/吨，同比上涨3.75%；Fastmarkets（金属与大宗商品价格评估机构）标准级钴金属低幅价格升至平 均13.16美元/磅，同比上涨7.69%，氢氧化钴中间品折价系数则同比飙升至69.1%；钼、铌价格则基本保 持稳定。 此外，洛阳钼业上半年完成厄瓜多尔奥丁矿业（凯歌豪斯金矿）收购并快速推进开发工作，意味着洛阳 钼业进入了黄金领域。据了解，凯歌豪斯金矿计划20 ...

Core Viewpoint - Luoyang Molybdenum's significant profit growth in the first half of 2025 is attributed to increased production and prices of copper, alongside improved management efficiency and reduced operational costs [2][4]. Financial Performance - The company reported a revenue of 94.773 billion yuan and a net profit of 8.671 billion yuan, marking a year-on-year increase of 60.07%, setting a historical high for the same period [2]. - Mining revenue reached a historical high of 39.402 billion yuan, up 25.64% year-on-year, with copper mining revenue at 25.718 billion yuan, an increase of 28.42% [2]. Production Achievements - The company achieved all production targets for the first half of the year, producing 353,600 tons of copper (up 12.68%) and 61,100 tons of cobalt (up approximately 13.05%) [2]. - Production of molybdenum, tungsten, niobium, and phosphate exceeded 50% of annual targets [2]. Market Conditions - The overall copper price trend was strong in the first half of 2025, with the average copper price on the Shanghai Futures Exchange at approximately 77,400 yuan per ton, a year-on-year increase of 4.1% [3]. - Domestic copper supply remained tight, with copper concentrate processing fees dropping to a record low of negative 45 USD per ton by the end of June [3]. Cost Management and Efficiency - The company achieved a 10.96% reduction in operating costs, with various mining areas optimizing processes and improving recovery rates [4]. - Organizational upgrades were made to create a more international, professional, and youthful management team [4]. Strategic Developments - The acquisition of Ecuador's Odin Mining (KGHM) was completed, enhancing the company's multi-national, multi-mineral, and multi-asset business layout [4]. - The company is progressing towards its goal of producing 800,000 to 1,000,000 tons of copper in the Democratic Republic of the Congo [4].

Core Viewpoint - Luoyang Molybdenum Co., Ltd. reported a record high net profit of 8.671 billion yuan for the first half of 2025, marking a 60.07% increase year-on-year, driven by strong performance in the mining sector [2] Group 1: Financial Performance - The company achieved a total operating revenue of 94.773 billion yuan in the first half of 2025 [2] - The mining segment generated a historical high revenue of 39.402 billion yuan, accounting for approximately 42% of total revenue, an increase of 11 and 28 percentage points compared to the same periods in 2024 and 2023, respectively [4] - Operating costs decreased by 10.96% year-on-year, contributing to improved profitability [7] Group 2: Production and Revenue Breakdown - Copper production reached 353,600 tons, a year-on-year increase of 12.68%, with copper mining revenue at 25.718 billion yuan, representing about 65% of mining revenue [4] - Cobalt production was 61,100 tons, with cobalt mining revenue of 5.728 billion yuan, up 31.94% year-on-year [7] - Tungsten and molybdenum production also showed positive trends, with tungsten mining revenue increasing by 26.19% to 1.109 billion yuan [7] Group 3: Strategic Developments - The company upgraded its organizational structure to build a more international, professional, and youthful management team, enhancing cost control measures [8] - The acquisition of Ecuador's Odin Mining (KGHM) has been completed, with plans for production by 2029 [8] - Ongoing expansion of copper production capacity in the Democratic Republic of Congo aims for an output of 800,000 to 1,000,000 tons [8] Group 4: Future Outlook - The company anticipates limited new production capacity in the mining sector but expects resilient demand to support prices for copper, molybdenum, and tungsten [8]

Core Viewpoint - Luoyang Molybdenum (03993.HK) reported a decline in revenue for the first half of 2025, while net profit showed significant growth, indicating a mixed performance in financial results [1] Financial Performance - The company achieved operating revenue of 94.773 billion yuan, a year-on-year decrease of 7.83% [1] - Net profit attributable to shareholders was 8.671 billion yuan, reflecting a year-on-year increase of 60.07% [1] - The net profit excluding non-recurring gains and losses was 8.724 billion yuan, up 55.08% year-on-year [1] - Basic earnings per share stood at 0.41 yuan [1] Production Achievements - The company met all production targets for the first half of the year, achieving over half of the annual goals [1] - Copper production reached 353,600 tons, representing a year-on-year growth of approximately 12.68% [1] - Cobalt production was 61,100 tons, with a year-on-year increase of about 13.05% [1] - Production of molybdenum, tungsten, niobium, and phosphate fertilizer also exceeded 50% of the annual targets [1]

Core Viewpoint - Luoyang Molybdenum Industry Co., Ltd. reported a decrease in revenue but a significant increase in net profit for the first half of 2025, indicating strong operational performance despite revenue challenges [1] Financial Performance - The company achieved a revenue of 94.773 billion RMB, a year-on-year decrease of 7.83% [1] - The net profit attributable to shareholders was 8.671 billion RMB, reflecting a year-on-year increase of 60.07% [1] - Basic earnings per share were reported at 0.41 RMB [1] Production Achievements - The company met its production targets for all products in the first half of the year, exceeding the halfway mark of its annual goals [1] - Copper production reached 353,600 tons, representing a year-on-year growth of approximately 12.68% [1] - Cobalt production was recorded at 61,100 tons, showing a year-on-year increase of about 13.05% [1] - Production of molybdenum, tungsten, niobium, and phosphate fertilizer also exceeded 50% of the annual targets [1]

智通财经APP讯，洛阳钼业(03993)发布截至2025年6月30日止六个月的中期业绩，营业收入947.73亿元 (人民币，下同)，同比减少7.83%;归母净利润86.71亿元，同比增加60.07%;基本每股收益0.41元。 （原标题：洛阳钼业(03993)发布中期业绩 归母净利润86.71亿元 同比增加60.07%） 公告称，公司各产品产量全部达成上半年度目标，实现时间过半任务超半。其中，产铜35.36万吨，同 比增长约12.68%;产钴6.11万吨，同比增长约13.05%。钼、钨、铌、磷肥等产品产量均超过年度目标的 50%。 ...

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。 CMOC Group Limited* （於中華人民共和國註冊成立的股份有限公司） （股份代號：03993） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 以下為洛陽欒川鉬業集團股份有限公司（「本公司」）於上海證券交易所網站 (www.sse.com.cn )所發佈《洛陽欒川鉬業集團股份有限公司第七屆董事會第六次會 議決議公告》《洛陽欒川鉬業集團股份有限公司2025年半年度報告摘要》。 承董事會命 洛陽欒川鉬業集團股份有限公司 劉建鋒 股票代码：603993 股票简称：洛阳钼业 编号：2025—045 洛阳栾川钼业集团股份有限公司 第七届董事会第六次会议决议公告 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。 洛阳栾川钼业集团股份有限公司（以下简称"本公司"或"公司"） 第七届董 ...

Financial Performance - The company's revenue for the first half of the year was 94.773 billion yuan, a year-on-year decrease of 7.83% [1] - The net profit attributable to shareholders reached 8.671 billion yuan, an increase of 60.07%, marking a historical high [1] - Operating cash flow increased by 11.4% to 12.009 billion yuan, while the debt-to-asset ratio remained at a reasonable level of 50.15% [1] Core Business Progress - Copper production was 353,600 tons, up 12.68%, and cobalt production was 61,100 tons, up 13.05%, with all products exceeding half of their annual targets [2] - Significant improvements in operational efficiency were noted, particularly in the TFM project in the Democratic Republic of Congo, with enhanced governance and optimized processes leading to lower costs [2] Key Drivers of Profitability - The substantial increase in net profit was driven by effective cost control, with operating costs decreasing by 10.96%, surpassing the revenue decline [1] - Continuous optimization of product structure, with copper and cobalt business revenue share increasing, benefiting from long-term demand in the new energy supply chain [1]