山东玉龙黄金股份有限公司 2024 年第二次临时股东大会会议资料 山东 • 济南 二〇二四年十月 山东玉龙黄金股份有限公司 2024 年第二次临时股东大会会议资料 山东玉龙黄金股份有限公司 2024 年第二次临时股东大会会议资料 目 录 | 2024 年第二次临时股东大会会议议程 | 2 | | --- | --- | | 会议须知 | 3 | | 议案一：关于补选公司非独立董事的议案 | 4 | | 议案二：关于补选公司非职工代表监事的议案 | 6 | 1 二、现场会议地点 中国（山东）自由贸易试验区济南片区经十东路 7000 号汉峪金谷 A4-4 产业金 融大厦 12 层会议室。 三、会议表决方式 本次会议采用的是现场投票和网络投票相结合的方式。 四、会议议程 2024 年第二次临时股东大会会议议程 一、召开时间 现场会议召开时间：2024 年 10 月 31 日下午 14:30 网络投票时间：采用上海证券交易所网络投票系统，通过交易系统投票平台的 投票时间为股东大会召开当日的交易时间段，即 2024 年 10 月 31 日 9:15-9:25， 9:30-11:30，13:00-15:00；通过互联网投 ...

Investment Rating - The report maintains a "Recommended" rating for Yulong Co., Ltd. [2][8] Core Views - Yulong Co., Ltd. has transitioned to a diversified precious metal mining company, focusing on gold mining and new material mining, which enhances its valuation [2][5] - The company's core mine, the Pakingo Gold Mine, has shown continuous resource growth and operational efficiency, indicating strong resource management capabilities [2][5] - The report highlights the significant increase in mineral resources at the Pakingo Gold Mine, with gold metal content rising to 222.3 thousand ounces (69.14 tons) as of June 30, 2024, reflecting a year-on-year increase of 20.2 thousand ounces (6.28 tons) [2][5] Summary by Sections Company Overview - Yulong Co., Ltd. is primarily engaged in the trading of minerals, non-ferrous metals, coal, and chemicals, aiming to become a high-growth international mining company [3] Recent Developments - The company announced a change in industry classification from wholesale to non-ferrous metal mining, which is expected to optimize its valuation [2] - The Pakingo Gold Mine's mineral resource statement shows a total ore volume of 13.491 million tons, an increase of 2.583 million tons year-on-year [2] Financial Performance - The report projects revenues of 22.13 billion, 22.53 billion, and 25.61 billion yuan for 2024, 2025, and 2026, respectively, with corresponding net profits of 5.63 billion, 6.82 billion, and 8.23 billion yuan [8][9] - The earnings per share (EPS) are expected to rise from 0.72 yuan in 2024 to 1.05 yuan in 2026, reflecting the company's growth trajectory [8][10] Growth Potential - The company is expected to benefit from the upward trend in gold production and prices, alongside the expansion of its core mining operations [8] - The Pakingo Gold Mine is projected to achieve gold production of 3.25 tons in 2023, increasing to 3.65 tons by 2025, indicating a growth rate of 14% to 46.7% over the years [7][8] Competitive Advantages - Yulong Co., Ltd. possesses a diversified portfolio that mitigates risks and enhances growth potential, particularly in gold and new material mining [7] - The company has a professional mining operation team and strong management capabilities, which have been validated by the operational success of the Pakingo Gold Mine [7][8]

证券代码：601028 证券简称：玉龙股份 公告编号：2024-042 山东玉龙黄金股份有限公司 关于公司帕金戈金矿增储的公告 山东玉龙黄金股份有限公司（以下简称"公司"）全资子公司 Yuxin Holdings Pty Limited（以下简称"玉鑫控股"）通过 NQM Gold 2 Pty Ltd， 运营位于澳大利亚昆士兰州境内的帕金戈金矿。近年来，玉鑫控股不断加大 对帕金戈金矿勘探增储力度，成立了专业勘探公司 Auspin，推进地质找矿寻 突破，在探矿增储方面取得较大突破。 近日，根据玉鑫控股最新出具的《Annual Mineral Resource Statement》， 截至 2024 年 6 月 30 日，帕金戈金矿区拥有符合 JORC 标准矿石量 1349.1 万 吨，比上年同期增加 258.3 万吨，金金属量 222.3 万盎司（69.14 吨），比上 年同期增加 20.2 万盎司（6.28 吨），平均品位 5.1 克/吨。 公司通过有效的资源管理和探矿增储策略，增强了公司黄金资源储备， 提升了矿山资源价值，强化了公司可持续发展能力。公司将继续加大探矿增 储力度，增强公司核心竞争力。 未来黄金 ...

证券代码：601028 证券简称：玉龙股份 公告编号：2024-041 山东玉龙黄金股份有限公司 关于公司所属行业分类变更的公告 | 项目 | 变更前 | | 变更后 | | | --- | --- | --- | --- | --- | | 行业分类 | 行业代码 | 行业大类名称 | 行业代码 | 行业大类名称 | | | F51 | 批发业 | B09 | 有色金属矿采选业 | 特此公告。 山东玉龙黄金股份有限公司董事会 2024 年 10 月 16 日 山东玉龙黄金股份有限公司（以下简称"公司"）于 2011 年 10 月在上 海证券交易所挂牌上市，原主营业务为大宗商品贸易业务，所属行业为批发 业（行业代码 F51）。近年来，公司积极优化产品结构，并以并购黄金矿业为 切入点，贯彻推进"黄金矿产和新能源新材料矿产双轮驱动"发展战略，牢 牢把握新发展阶段，实施转型升级，推动公司高质量可持续发展。经过持续 调整优化，公司业务结构已发生了较大变化，黄金采选业务占比不断提升。 公司 2023 年年度报告显示，黄金采选业务实现营业收入 12.61 亿元，占公司 营业收入的 52%；实现净利润 3.96 亿元，占归 ...

证券代码：601028 证券简称：玉龙股份 公告编号：2024-040 (一) 股东大会类型和届次 2024 年第二次临时股东大会 (二) 股东大会召集人：董事会 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 (四) 现场会议召开的日期、时间和地点 山东玉龙黄金股份有限公司 关于召开 2024 年第二次临时股东大会的通知 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。 重要内容提示： 一、 召开会议的基本情况 召开的日期时间：2024 年 10 月 31 日 14 点 30 分 召开地点：中国（山东）自由贸易试验区济南片区经十东路 7000 号汉峪金 谷 A4-4 产业金融大厦 12 层会议室 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2024 年 10 月 31 日 至 2024 年 10 月 31 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 股东大会召开日期：2024年10月31日 本 ...

证券代码：601028 证券简称：玉龙股份 公告编号：2024-038 山东玉龙黄金股份有限公司 第六届董事会第十九次会议决议公告 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。 一、董事会会议召开情况 （一）本次会议的召集和召开符合《公司法》和《公司章程》的有关规定； （二）公司于 2024 年 10 月 12 日以电子邮件等方式向公司全体董事发出召 开公司第六届董事会第十九次会议的通知； （三）会议于 2024 年 10 月 14 日在公司会议室以通讯方式召开并进行表决； （四）会议应出席董事 7 名，实际出席董事 7 名； （五）会议由董事长牛磊先生主持。 二、董事会会议审议情况 经与会董事充分讨论，会议审议通过了如下议案： （一）《关于补选公司非独立董事的议案》 根据《公司法》《公司章程》《董事会议事规则》等相关规定，经公司股东提 名、董事会提名委员会资格审查，公司拟补选张晓先生担任公司第六届董事会董 事，任期自股东大会审议通过之日起至第六届董事会届满之日止。张晓先生当选 后将接任赖郁尘先生担任的副董事长、董事会战略委 ...

证券代码：601028 证券简称：玉龙股份 公告编号：2024-039 山东玉龙黄金股份有限公司 为完善公司治理结构，保证公司监事会的规范运作，经公司股东提名，公司 于 2024 年 10 月 14 日召开了第六届监事会第十二次会议，审议通过了《关于补选 公司非职工代表监事的议案》，同意提名裴智鑫先生为公司第六届监事会监事候 选人（简历详见附件），选举监事事项尚需提交公司股东大会审议，任期自股东 大会审议通过之日起至第六届监事会任期届满之日止。 特此公告。 关于董事、监事辞职暨补选董事、监事的公告 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。 一、董事、监事辞职情况 山东玉龙黄金股份有限公司（以下简称"公司"）董事会近日收到公司董事、 副董事长赖郁尘先生的书面辞职报告，赖郁尘先生因个人工作安排原因辞去公司 第六届董事会董事、副董事长及战略委员会委员职务，辞职后将不再担任公司任 何职务。赖郁尘先生的辞职不会导致公司董事会人数低于法定最低人数，其辞职 报告自送达公司董事会之日起生效，不影响公司董事会正常运行。 公司监事会近日收到 ...

证券代码：601028 证券简称：玉龙股份 公告编号：2024-037 山东玉龙黄金股份有限公司 关于召开 2024 年半年度业绩说明会的公告 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。 重要内容提示： 投资者可于 2024 年 09 月 10 日（星期二）至 09 月 18 日（星期三）16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 zqb@yulonggold.com 进行提问。公司将在说明会上对投资者普遍关注的问题进 行回答。 山东玉龙黄金股份有限公司（以下简称"公司"）已于 2024 年 08 月 30 日发 布公司 2024 年半年度报告，为便于广大投资者更全面深入地了解公司 2024 年半 年度经营成果、财务状况，公司计划于 2024 年 09 月 19 日下午 14:00-15:00 举 行 2024 年半年度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 董事长：牛磊先生 独立董事：王建平先生 总经理：李振川先生 副总经理（财务负责人）：刘锋玉先生 本次投资者说明会 ...

Investment Rating - The report maintains a "Buy" rating for Yulong Co., Ltd. (601028.SH) [2][4] Core Views - The company benefits from rising gold prices, with significant growth in gold net profit by 42.63% year-on-year in 2024H1 [3][4] - The company reported a revenue of 880 million yuan in 2024H1, a year-on-year increase of 3.71%, primarily driven by a 17.62% growth in mining operations, despite a 64.22% decline in trading revenue due to planned reductions in bulk trading [3] - The company’s gold mining operations, particularly the Pakingo gold mine, achieved a production of approximately 49,200 ounces (1.53 tons) in 2024H1 [3][4] Financial Performance - In 2024H1, the company achieved a net profit attributable to shareholders of 240 million yuan, a decrease of 7.18% year-on-year, while the net profit excluding non-recurring items was 250 million yuan, down 4.81% year-on-year [3] - The company’s Q2 2024 single-quarter revenue reached 500 million yuan, reflecting a year-on-year increase of 10.56% and a quarter-on-quarter increase of 31.76% [3] - The average selling price of gold for the company in 2024H1 was 516 yuan per gram, up 15.9% compared to the average selling price for the entire year of 2023 [3] Resource Expansion - The Pakingo gold mine has shown significant resource expansion, with gold metal reserves increasing by 315,000 ounces (9.80 tons) year-on-year as of June 30, 2023 [4] - The company has also discovered new vanadium ore bodies, with the total V2O5 metal resource increasing from 499,900 tons to 651,500 tons [4] Earnings Forecast - The company is expected to benefit from rising gold prices and increased production from graphite, silicon, and vanadium mines, with projected revenues of 2.2 billion yuan in 2024, 1.7 billion yuan in 2025, and 2.2 billion yuan in 2026 [4] - The forecasted net profits for 2024, 2025, and 2026 are 600 million yuan, 620 million yuan, and 840 million yuan, respectively, with year-on-year growth rates of 33.9%, 3.9%, and 34.9% [4]

Financial Performance - The company's operating revenue for the first half of 2024 was approximately ¥881.40 million, a decrease of 3.71% compared to ¥915.32 million in the same period last year[11]. - The net profit attributable to shareholders for the first half of 2024 was approximately ¥238.40 million, down 7.18% from ¥256.83 million in the previous year[11]. - The net cash flow from operating activities was negative at approximately ¥1.87 billion, compared to a positive cash flow of ¥87.06 million in the same period last year[11]. - The total assets at the end of the reporting period were approximately ¥9.74 billion, a decrease of 1.90% from ¥9.93 billion at the end of the previous year[11]. - The net assets attributable to shareholders increased by 5.02% to approximately ¥3.41 billion from ¥3.25 billion at the end of the previous year[11]. - Basic earnings per share for the first half of 2024 were ¥0.3065, a decrease of 6.55% from ¥0.3280 in the same period last year[12]. - The weighted average return on net assets decreased by 1.69 percentage points to 7.12% from 8.81% in the previous year[12]. - The company achieved operating revenue of CNY 881.40 million, a decrease of 3.71% year-on-year[20]. - The net profit attributable to shareholders was CNY 238.40 million, reflecting a significant increase of 42.63% compared to the previous year[19]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion in the first half of 2024, representing a 20% year-over-year growth[40]. Business Operations - The company has not disclosed any new product developments or technological advancements in this report[3]. - There are no significant mergers or acquisitions reported during the first half of 2024[3]. - The company has highlighted potential risks in its management discussion and analysis section, urging investors to pay attention to investment risks[2]. - The company disposed of its bulk commodity business, resulting in revenue of 88.02 million RMB, a significant decline of 64.22% year-on-year[15]. - The company is focusing on integrating resources for its bulk commodity trade business, with no new procurement contracts signed during the reporting period[15]. - The company is actively pursuing external resource acquisitions and integration to enhance its resource reserves and competitive advantage[18]. - The company plans to accelerate external mergers and acquisitions to expand its key mineral resources[19]. - The company plans to accelerate the disposal of bulk trade business and focus on more profitable mining operations[30]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2025[44]. Mining and Resource Management - The company's gold precious metal mining business achieved revenue of 789.12 million RMB, a year-on-year increase of 17.62%, and a net profit of 323.22 million RMB, up 42.63%[15]. - The Pakingo gold mine has a resource amount of 10.908 million tons and a gold metal quantity of 202.1 thousand ounces (approximately 62.86 tons) as of June 30, 2023[15]. - The Pakingo gold mine produced approximately 49.2 thousand ounces (about 1.53 tons) of gold in the first half of 2024[15]. - The company continues to optimize production processes at the Pakingo gold mine to improve recovery rates and efficiency[15]. - The company discovered a new ore body at the Shaanxi Loufangou Vanadium Mine, increasing the total vanadium resource from 499,900 tons to 651,500 tons[19]. Financial Position and Cash Flow - Cash and cash equivalents at the end of the reporting period amounted to ¥415,500,789.89, a decrease of 65.66% compared to the previous year, primarily due to a reduction in bulk trade[23]. - Accounts receivable at the end of the reporting period reached ¥3,618,200,472.57, an increase of 41.89% year-over-year, attributed to an increase in accounts receivable from bulk trade[23]. - Prepayments at the end of the reporting period totaled ¥3,657,834,321.70, reflecting a 49.45% increase from the previous year, driven by higher procurement payments in bulk trade[23]. - Other current assets increased significantly by 364.52% to ¥92,346,095.99, due to an increase in reclassified taxes[23]. - The company’s cash flow from operating activities showed a significant negative change, with a net outflow of CNY 1.87 billion[20]. - The company reported a significant drop in trading financial assets, which fell to RMB 1.7 million from RMB 7.8 million, a decrease of approximately 78%[53]. - The company reported a net cash outflow from operating activities of CNY -1,503,974,313.89, compared to a positive cash inflow of CNY 33,018,252.91 in the first half of 2023[70]. Shareholder and Equity Information - The total amount of guarantees provided by the company, including those to subsidiaries, is 195,000,000 RMB, which accounts for 5.71% of the company's net assets[47]. - The company provided guarantees totaling 50,000,000 RMB to subsidiaries during the reporting period[47]. - As of the end of the reporting period, the total number of common shareholders is 35,411[48]. - The largest shareholder, Jinan High-tech Holding Group Co., Ltd., holds 230,070,000 shares, representing 29.38% of the total shares[49]. - Hainan Houai Technology Co., Ltd. holds 134,828,458 shares, accounting for 17.22% of the total shares, with 26,571,858 shares frozen[49]. - The company has not disclosed any significant related party transactions or guarantees during the reporting period[46]. Risk Management and Compliance - The company faces macroeconomic volatility risks that could adversely affect operations due to commodity price fluctuations[30]. - The company emphasizes ESG principles to enhance safety and environmental management in mining operations[31]. - The company has committed to avoiding any business that competes with its main operations during its existence, ensuring no conflict of interest arises with its listed business[35]. - The company has pledged to strictly adhere to relevant laws and regulations while exercising shareholder rights, ensuring independence in assets, finance, personnel, and operations[37]. Future Outlook - The company provided a positive outlook for the second half of 2024, projecting a revenue growth of 25%[42]. - New product launches are expected to contribute an additional 300 million in revenue by the end of the year[43]. - Research and development investments increased by 30%, focusing on innovative technologies and product enhancements[40]. Subsidiary Performance - Shanghai Juku, a wholly-owned subsidiary, reported total assets of approximately CNY 3.85 billion and a net loss of CNY 33.40 million[29]. - Jiangsu Houneng, another wholly-owned subsidiary, had total assets of CNY 68.09 million and a net loss of CNY 82,086[29]. - Hong Kong Yulong, a wholly-owned subsidiary, reported total assets of approximately HKD 725 million and a net loss of HKD 347,321[29]. - Zhejiang Fengjing, a holding subsidiary, had total assets of CNY 173.86 million and a net loss of CNY 222,097[29]. - NQM Company, a wholly-owned subsidiary, reported total assets of approximately AUD 2.40 billion and a net profit of AUD 323.22 million[29].