A 股简称：中国中冶 A 股代码：601618 公告编号：2025-046 一、说明会类型 中国冶金科工股份有限公司 关于召开 2025 年半年度业绩说明会的公告 中国冶金科工股份有限公司（以下简称"中国中冶"、"公司"或"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： 本公司拟于 2025 年 8 月 30 日在上海证券交易所网站（www.sse.com.cn）披露本 公司 2025 年半年度报告。为了便于广大投资者更全面深入地了解本公司 2025 年半年 度业绩和经营情况，本公司拟于业绩披露后召开业绩说明会。 本次说明会通过网络互动方式召开，本公司将针对 2025 年半年度业绩和经营情况 与投资者进行交流，并对投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 （一）会议时间：2025 年 9 月 8 日（星期一）16:00-17:00 三、参加人员 公司董事长，副总裁、总会计师及董事会秘书届时将参加说明会。因工作安排，上 述参加人员如有调整，不再另行通知。 四、投资者参加方式 1 会议时间： ...

中国冶金科工股份有限公司 关于 A 股募集资金 2025 年上半年存放与实际使用情 况的专项报告 一、A股募集资金基本情况 经中国证券监督管理委员会证监许可[2009]863号文件核准，中国冶金科工 股份有限公司（以下简称"公司"或"本公司"）于2009年9月在境内公开发行 人民币普通股（A股）350,000万股，发行价格为每股人民币5.42元，A股募集资 金总额为人民币1,897,000万元，扣除承销保荐费人民币43,631万元，公司实际 共收到上述A股的募集资金人民币1,853,369万元，扣除由公司支付的其他发行费 用共计人民币17,472万元后，A股实际募集资金净额为人民币1,835,897万元。 上述A股募集资金已于2009年9月14日到位，并经利安达会计师事务所有限责任 公司审验出具了《验资报告》（利安达验字[2009]第1035号）。 2012年3月，根据上海证券交易所发布的《关于规范上市公司超募资金使用 与管理有关问题的通知》，本公司对《募集资金管理制度》进行了部分修订，增 加了关于超额募集资金使用和管理的内容，并经本公司第一届董事会第三十三次 会议审议通过。 2013年3月，根据证监会发布的 ...

财务公司是中国五矿集团有限公司（以下简称"中国五 矿"）下属金融机构，于 1992 年经中国人民银行批准设立， 2001 年改制为有限责任公司，是由中国五矿股份有限公司、 五矿资本控股有限公司两方共同出资，接受金融监督部门监 管的非银行金融机构。财务公司的注册资本为人民币 350,000 万元。 注册地址：北京市海淀区三里河路 5 号 A247-A267(单)A226-A236(双)C106 法定代表人：董甦 按照《上海证券交易所上市公司自律监管指引第 5 号— —交易与关联交易》的要求，中国冶金科工股份有限公司（以 下简称"本公司"、"中国中冶"）通过查验五矿集团财务有限 责任公司（以下简称"财务公司"）《金融许可证》《营业执照》 等证件资料，并审阅包括资产负债表、利润表、现金流量表 等在内的财务公司的定期财务报告，对财务公司的经营资质、 业务和风险状况进行了评估，现将有关风险评估情况报告如 下： 一、财务公司基本情况 统一社会信用代码：91110000101710917K 经营范围：企业集团财务公司服务。（依法须经批准的项 目，经相关部门批准后方可开展经营活动，具体经营项目以 相关部门批准文件或许可证件为 ...

A 股简称：中国中冶 A 股代码：601618 公告编号：临 2025-044 中国冶金科工股份有限公司 第三届董事会第七十六次会议决议公告 中国冶金科工股份有限公司（以下简称"中国中冶"、"本公司"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法律责任。 公司第三届董事会第七十六次会议于 2025 年 8 月 29 日在中冶大厦召开。会议应出 席董事七名，实际出席董事七名。会议由陈建光董事长主持。本次会议的召开符合《公 司法》等法律法规及《中国冶金科工股份有限公司章程》的有关规定。 会议审议通过相关议案并形成决议如下： 一、通过《关于中国中冶 2025 年半年度报告的议案》 同意中国中冶 2025 年半年度报告及其摘要、2025 年中期业绩公告（H 股）；同意 在境内外股票上市地根据适用法律法规披露上述报告。 表决结果：七票赞成、零票反对、零票弃权。 本议案已经公司第三届董事会审计委员会 2025 年第七次会议事前认可，同意提交 董事会审议。（表决结果：三票赞成、零票反对、零票弃权。） 有关该报告的具体内容详见本公司另行发布的 ...

中国冶金科工股份有限公司 2025 年半年度报告 公司代码：601618 公司简称：中国中冶 中国冶金科工股份有限公司 METALLURGICAL CORPORATION OF CHINA LTD. 2025 年半年度报告 (股票代码：601618) 1 / 220 中国冶金科工股份有限公司 2025 年半年度报告 重要提示 不适用 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中涉及的未来计划等前瞻性陈述，不构成公司对投资者的实质性承诺，请投资者注意投 资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 公司已在半年度报告中详细描述了公司可能面临的风险，敬请查阅本报告"管理层讨论与分析" 章节关于公司可能面临风险的描述。 十一、 其他 √适用 □不适用 除特别注明外，本报告所有金额币种均为人民币。本报告中任何数据及表格所载的数据之差， 是由于四舍五入计算所致。 2 / 220 目 录 | 第一节 | 释义 4 | | --- ...

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。 2025年中期業績公告 概 要 本公司於2025年6月30日的財務狀況及截至2025年6月30日止六個月期 間 的 經 營 結 果 如 下： 註： 增 減 比 例 採 用 元 版 數 據 計 算。 – 1 – • 營業收入為2,375.33億 元， 較2024年上半年的2,988.42億元減少 613.09億 元（降 幅20.52%）。 • 利潤總額為52.79億 元，較2024年上半年的56.81億元減少4.02億 元（降 幅7.08%）。 • 歸屬上市公司股東淨利潤為30.99億 元，較2024年上半年的41.50億 元減少10.51億 元（降 幅25.31%）。 • 基本每股收益為0.09元，2024年上半年的基本每股收益為0.11元。 • 資產總額於2025年6月30日為8,574.06億元，較2024年12月31日的8,080 ...

Core Viewpoint - The demand for mineral resources in China is increasing due to economic recovery and the rise of emerging markets, particularly in strategic emerging industries such as new energy and new materials, driving the rapid development of the mining engineering construction industry [1][13]. Industry Overview - Mining engineering refers to a series of engineering activities aimed at the exploration, design, extraction, and waste treatment of mineral resources [2]. - The mining engineering construction industry focuses on the development of mineral resources, encompassing exploration, design, construction, and operational phases [2]. Development History - Before the establishment of New China, mining production was nearly paralyzed; post-establishment, mining became a key focus for the state, leading to the development of coal, iron, and other mineral resources [4]. - The industry transitioned from a single public ownership model to a diversified ownership model post-reform, with private capital entering the small and medium mining sectors [4][5]. Market Policies - The Chinese government has issued various policies to regulate mining engineering construction, focusing on resource development, safety production, and environmental protection [7][8]. Industry Chain - The mining engineering construction industry includes suppliers of construction materials (steel, cement, explosives), mining machinery suppliers, geological exploration companies, and mineral resource assessment agencies [9][10]. Current Market Status - The market size of China's mining engineering construction industry is projected to reach 57.39 billion yuan in 2024, with a year-on-year growth of 2.7% [1][13]. - The energy mining sector accounts for approximately 48.5% of the construction, while metal and non-metal mining sectors account for 32.2% and 19.3%, respectively [1][13]. Competitive Landscape - Major state-owned enterprises dominate the mining engineering construction market, leveraging strong financial resources and project management experience [11][14]. - Notable companies include China Railway 17th Bureau Group, China Metallurgical Group, and others, which have secured significant national and large-scale mining projects [11][14]. Future Development Trends - The industry is expected to embrace intelligent technologies across design, construction, and operation, creating a digital closed-loop process [17][18]. - The concept of "zero-waste mining" will drive technological breakthroughs in tailings utilization, while ecological restoration standards will lead to new market opportunities through cross-industry integration [17][18].

Market Performance - Global markets continued to rise last week, with MSCI Global up by 1.5%, MSCI Developed up by 1.5%, and MSCI Emerging up by 1.3%[3] - The US stock market's earnings expectations for 2025 were revised upward, with the S&P 500 EPS forecast increased from 268 to 269[4] Economic Expectations - Global economic expectations were adjusted upward, with the Citigroup Economic Surprise Index for the US rising due to dovish signals from the Fed[4] - The issuance of new special bonds by local governments reached 2392.7 billion CNY, a year-on-year increase of 76.7%[19] Industry Insights - In the home appliance sector, TCL Electronics reported a total revenue of 54.777 billion HKD for H1 2025, a year-on-year increase of 20.4%[15] - The gaming industry saw a record high of 166 domestic game approvals in August, with a total of 1050 approvals in the first eight months of 2025, significantly higher than the previous year's 850[31] Investment Recommendations - In the home appliance sector, recommended stocks include Stone Technology and Ecovacs for their strong performance and growth potential[14] - For the construction industry, low valuation high-dividend companies such as China State Construction and China Railway Construction are recommended due to their expected benefits from PPP policy catalysts[39]

Market Performance - The professional engineering sector increased by 2.5% on August 25, with Sentai Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3883.56, up 1.51%, while the Shenzhen Component Index closed at 12441.07, up 2.26% [1] Top Gainers - Sentai Co., Ltd. (603098) closed at 14.73, up 10.01% with a trading volume of 327,200 shares and a transaction value of 465 million [1] - Yaxiang Integration (603929) also rose by 10.01% to 38.59, with a transaction value of 261 million [1] - Shenghui Integration (603163) increased by 10.00% to 38.83, with a transaction value of 310 million [1] - Aiman Co., Ltd. (605289) saw an 8.59% rise to 46.37, with a transaction value of 387 million [1] Top Losers - Haibo Vehicle Technology (300517) decreased by 4.63% to 12.35, with a transaction value of 132 million [2] - Honglu Steel Structure (002541) fell by 1.84% to 18.10, with a transaction value of 203 million [2] - Xiangcheng Co., Ltd. (601133) dropped by 1.47% to 13.40, with a transaction value of 284 million [2] Capital Flow - The professional engineering sector experienced a net inflow of 25.08 million from main funds, while retail funds saw a net outflow of 14.98 million [2] - Major stocks like Shenghui Integration (603163) had a net inflow of 91.86 million from main funds, while retail funds showed a net outflow of 38.95 million [3] - Sentai Co., Ltd. (603098) had a net inflow of 43.35 million from main funds, with retail funds experiencing a net outflow of 769,850 [3]

Core Insights - The report highlights significant developments in copper and other mineral projects in Afghanistan and Pakistan, with a focus on the expected operational advancements by 2025 and the historical production achievements in 2024 [1][2][3]. Group 1: Project Developments - The Afghanistan Aynak copper mine is projected to achieve substantial progress by the end of 2025, with a resource increase of 1.28 million tons, raising the total resource to 12.36 million tons [2]. - The Pakistan Saindak copper-gold mine has reached record production levels, with a copper resource estimate of 1.809 million tons by the end of 2024, and a sales volume of 22,760 tons of copper [3]. - The Pakistan Saindak mine achieved an average production rate of 124.6% and generated revenue of 1.74 billion yuan, with a profit of 203 million yuan [3]. Group 2: Market Performance - The LME copper price closed at $9,760 per ton on August 15, reflecting a year-on-year increase of 6.8% [4]. - The nickel and cobalt resources at the Ramu nickel-cobalt mine in Papua New Guinea have increased to 1.842 million tons and 209,000 tons, respectively, with significant production and sales figures reported [4]. - The LME nickel price decreased by 6.9% year-on-year, closing at $15,195 per ton on August 15 [4]. Group 3: Resource Estimates and Financial Performance - The Duddar lead-zinc mine in Pakistan is estimated to have lead resources of 321,100 tons and zinc resources of 642,900 tons by the end of 2024, with expectations for resource doubling by 2025 [5]. - The Duddar mine achieved a production rate of 102.6% in 2024, with revenues of 760 million yuan and a profit of 250 million yuan [5].