Core Viewpoint - China Metallurgical Group Corporation (China MCC) is the largest metallurgical construction contractor and metallurgical enterprise service provider globally, with a comprehensive business model covering engineering contracting, resource development, and more [1] Group 1: Business Performance - In Q3 2025, China MCC achieved a revenue of 335.09 billion yuan, ranking first in the industry, significantly surpassing the second-ranked company, Shen Sanda A, which reported 33.02 billion yuan [2] - The main business composition includes engineering contracting at 215.75 billion yuan (90.83%), specialty businesses at 16.87 billion yuan (7.10%), real estate at 4.79 billion yuan (2.02%), and other businesses at 0.12 billion yuan (0.05%) [2] - The net profit for the same period was 5.39 billion yuan, also leading the industry, with the second-ranked company, Yaxiang Integration, reporting only 0.44 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, China MCC's debt-to-asset ratio was 78.71%, an increase from 74.71% year-on-year, and higher than the industry average of 61.18% [3] - The gross profit margin for the same period was 10.00%, up from 9.04% year-on-year, but still below the industry average of 16.47% [3] Group 3: Leadership - The chairman, Chen Jianguang, has a rich background, currently serving as the vice general manager of China Minmetals Corporation and has held various positions in the industry [4] Group 4: Shareholder Information - As of September 30, 2014, the number of A-share shareholders increased by 10.38% to 340,700, while the average number of circulating A-shares held per household decreased by 9.41% to 47,700 [5] - By September 30, 2025, major shareholders included China Securities Finance Corporation with 589 million shares, unchanged, while Hong Kong Central Clearing Limited reduced its holdings by 223 million shares [5] Group 5: Resource Business Outlook - The mineral resource business is becoming a stable and sustainable growth driver, with three operating mines generating 2.82 billion yuan in revenue in H1 2025, contributing 0.55 billion yuan to net profit [6] - Two copper mines with significant resource reserves are expected to enhance company performance as copper prices are anticipated to rise due to a long-term supply-demand gap [6] - The company is projected to maintain net profits of 6.15 billion yuan, 6.66 billion yuan, and 7.27 billion yuan for 2025 to 2027 [6]

Core Viewpoint - China Metallurgical Group Corporation (China MCC) reported a decline in revenue and net profit for the first three quarters of the year, indicating challenges in the current market environment [1] Financial Performance - The company achieved an operating revenue of 335.094 billion yuan, a year-on-year decrease of 18.79% [1] - The net profit attributable to shareholders was 3.97 billion yuan, down 41.88% compared to the previous year [1] - Basic earnings per share stood at 0.13 yuan [1] Contractual Performance - Cumulative new contract value signed by the company for the first three quarters reached 760.67 billion yuan, a decrease of 14.7% year-on-year [1] - New overseas contract value amounted to 66.9 billion yuan, reflecting a year-on-year growth of 10.1% [1]

Core Insights - China Metallurgical Group Corporation (China MCC) reported a revenue of 335.094 billion yuan for the first three quarters, representing a year-on-year decrease of 18.79% [1] - The net profit attributable to shareholders was 3.97 billion yuan, down 41.88% compared to the previous year [1] - Basic earnings per share stood at 0.13 yuan [1] Contractual Performance - The total new contracts signed by the company for the first three quarters reached 760.67 billion yuan, a decrease of 14.7% year-on-year [1] - New overseas contracts amounted to 66.9 billion yuan, showing a growth of 10.1% compared to the same period last year [1]

格隆汇10月30日丨中国中冶(601618.SH)公布2025年第三季度报告，营业收入为975.61亿元，同比下降 14.25%；归属于上市公司股东的净利润为8.71亿元，同比下降67.52%；归属于上市公司股东的扣除非经 常性损益的净利润为7.24亿元，同比下降69.88%。 ...

Core Points - China Metallurgical Group Corporation (China MCC) reported a new contract amount of RMB 760.67 billion for the period from January to September 2025, representing a year-on-year decrease of 14.7% [1] - In the third quarter of 2025, the new contract amount was RMB 212.47 billion, showing a slight year-on-year decline of 0.7% [1] - As of September 30, 2025, the company has no major projects signed but not yet executed [1]

Core Viewpoint - China Metallurgical Group Corporation (China MCC) reported a decrease in new contract value for the first three quarters of 2025, indicating a potential slowdown in business activity [1] Summary by Category Contract Performance - The new contract value for the period from January to September 2025 was RMB 760.67 billion, representing a year-on-year decrease of 14.7% [1] - In the third quarter of 2025, the new contract value was RMB 212.47 billion, showing a slight year-on-year decline of 0.7% [1] Project Execution - As of September 30, 2025, the company had no major projects signed but not yet executed, indicating a clean slate in terms of pending contracts [1]

Group 1 - The core point of the article is that China Metallurgical Group Corporation (China Minmetals) reported a decline in new contract value for the first nine months of 2025, amounting to RMB 760.67 billion, which represents a year-on-year decrease of 14.7% [1] - In the third quarter of 2025, the new contract value was RMB 212.47 billion, showing a slight year-on-year decrease of 0.7% [1]

中国冶金科工股份有限公司 股票市场信息披露暂缓与豁免业务实施细则 （经 2025 年 10 月 30 日第三届董事会第七十七次会议修订） 第一章 总则 第一条 为规范中国冶金科工股份有限公司（以下简称 "公司"）股票市场信息披露暂缓与豁免行为，督促公司 相关信息披露义务人依法合规履行信息披露义务，根据 《中华人民共和国证券法》、中国证监会《上市公司信息 披露管理办法》、《上市公司信息披露暂缓与豁免管理规 定》、《香港证券及期货事务监察委员会内幕消息披露指 引》、《上海证券交易所股票上市规则》、《香港联合交 易所有限公司证券上市规则（主板）》等有关规定，结合 公司实际情况，制定本细则。 第二条 本细则属于中国中冶制度体系中的第三层级， 其上一级制度为《中国冶金科工股份有限公司股票市场信 息披露管理办法》。本细则适用于中国中冶及其子公司。 第三条 公司和《中国冶金科工股份有限公司股票市场 信息披露管理办法》第三条规定的所有负有报告义务的单 位和个人（简称"信息披露义务人"）暂缓、豁免披露临 时报告，在定期报告、临时报告中豁免披露境内外上市地 监管机构规定或者要求披露的内容，适用本细则。 第四条 本细则主要控制和防 ...

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 内 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 内 容 而 引 致 的 任何損失承擔任何責任。 METALLURGICAL CORPORATION OF CHINA LTD. * 中國冶金科工股份有限公司 (於中華人民共和國註冊成立的股份有限公司) (股份代號：1618) 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 發 表。 以 下 為 中 國 冶 金 科 工 股 份 有 限 公 司 ( 本 公 司 J 於 二 零 二 五 年 十 月 三 十 日 在 上 海 證 券 交 易 所 網 站 刊 發 的 資 料 全 文 ,僅 供 提 供 信 息 之 用 。 承董事會命 中國冶金科工股份有限公司 常 琦 聯席公司秘書 北京,中國 二零二五年十月三十日 於本 ...

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。 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條而發表。 以下為中國冶金科工股份有限公司（「本公司」）於二零二 五 年 十月三十日 在 上 海 證 券 交 易 所 網 站 刊 發 的 資 料 全 文，僅 供 提 供 信 息 之 用。 於 本 公 告 日 期，本 公 司 董 事 會 包 括 執 行 董 事：陳 建 光 先 生 及 白 小 虎 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：劉力先生、吳 嘉 寧 先 生 及 周 國 萍 女 士。 * 僅供識別 承董事會命 中國冶金科工股份有限公司 常 琦 聯席公司秘書 北 京，中 國 二零二五年 十 月三十日 A 股简称：中国中冶 A 股代码：601618 公告编号：临 2025-051 中 ...