金诚信矿业管理股份有限公司 2025 年第一次临时股东大会会议资料 2025年2月7日 | 材料目录 1 | | --- | | 会议须知 2 | | 会议议程 3 | | 会议表决办法 5 | | 议案一：关于拟为子公司履约提供担保的议案 7 | | 议案二：关于增补叶平先先生为公司非独立董事的议案 11 | | 议案三：关于投资建设 Lonshi（龙溪）铜矿东区采选工程的议案 13 | | 议案四：关于审议《金诚信矿业管理股份有限公司董事、监事及高级管理人员薪酬及考核管 | | 理办法》的议案 20 | 金诚信矿业管理股份有限公司 2025年第一次临时股东大会会议资料 会议须知 为确保本次股东大会的正常秩序和议事效率，维护投资 者的合法权益，根据有关规定，特制定以下会议须知，请出 席会议的全体人员自觉遵守。 一、本次会议会务处设在公司董事会办公室，负责会议 的组织及相关会务工作； 二、除出席会议的股东或股东代理人、公司董事、监事、 高级管理人员、公司聘请的律师及其他邀请人员外，公司有 权依法拒绝其他人员进入会场； 金诚信矿业管理股份有限公司 2025年第一次临时股东大会 会议资料 三、进入会场后，请将手机 ...

Investment Rating - The report maintains an "Accumulate" rating for the company [6] Core Views - The company is expected to achieve a net profit attributable to shareholders of 1.53 billion to 1.62 billion yuan in 2024, representing a year-on-year increase of approximately 48.37% to 57.09% [1] - The growth in performance is primarily driven by the stable growth of the mining service business and the production ramp-up of the Lonshi copper mine, which has an annual capacity of 40,000 tons [2][3] - The Lonshi copper mine expansion project is projected to generate an average annual profit of 2.12 billion USD, accounting for 114.5% of the company's total profit in 2023 [3] - The report expresses optimism about the upward trend in copper prices in 2025, citing stabilizing demand and a slowdown in global copper concentrate production growth [3] Summary by Sections Performance - The company forecasts a net profit of 1.575 billion yuan for Q4 2024, reflecting a quarter-on-quarter increase of 0.3% and a year-on-year increase of 50% [2] - The mining service business and the Lonshi copper mine's production are key contributors to this growth [2] Capacity - The Lonshi copper mine's total capacity will reach 100,000 tons after expansion, with a 7.5 billion USD investment planned for the eastern section of the mine [2] - The eastern section is expected to reach full production in the fourth year after construction, contributing to a total copper output of approximately 100,000 tons annually [2] Profitability and Valuation - The report adjusts profit forecasts based on LME copper prices for 2024-2026, predicting net profits of 1.57 billion, 2.18 billion, and 2.51 billion yuan respectively [4] - The projected P/E ratios for these years are 16X, 12X, and 10X, indicating a favorable valuation outlook [4]

Investment Rating - The report maintains a "Recommended" rating for the company [5] Core Views - The company is expanding its mining operations with the announcement of the feasibility study for the Lonshi copper mine, which has identified a resource of 1.0395 million tons of copper with an average grade of 3.99% [1][2] - The company expects to achieve an annual copper production of 100,000 tons from the Lonshi mine, with a combined maximum output of 450,000 tons per year from both the eastern and western areas after the eastern area reaches full production [1][2] - The total investment for the eastern area project is estimated at $751 million, with a construction period of 4.5 years and expected to reach full production in the fourth year [2] - The project is projected to generate annual sales revenue of $542 million at a copper price of $9,000 per ton, with a complete cost of $4,949 per metal ton [2] Summary by Sections Company Overview - The company is experiencing robust growth in its mining services segment, with high-margin overseas operations continuously expanding [3] - The resource segment is expected to deliver sustained performance, with the Lonshi mine reaching full production and other projects like the San Matias development and Lubembe copper mine upgrades showing significant potential [3] Financial Forecasts - The company forecasts revenue growth from CNY 7,399 million in 2023 to CNY 14,147 million in 2026, with a compound annual growth rate (CAGR) of 38.2% in 2024 [4][8] - Net profit attributable to shareholders is expected to rise from CNY 1,031 million in 2023 to CNY 2,517 million in 2026, reflecting a strong growth trajectory [4][8] - Earnings per share (EPS) is projected to increase from CNY 1.65 in 2023 to CNY 4.04 in 2026, indicating a favorable outlook for shareholders [4][8] Investment Recommendations - The report suggests a dual-driven growth strategy through mining services and resource development, with significant growth expected in the resource segment [3] - The projected price-to-earnings (PE) ratios for 2024, 2025, and 2026 are 17, 11, and 10 respectively, indicating attractive valuation levels [4][8]

Financial Projections - The estimated net profit for 2024 is projected to be between 153,000.00 million and 162,000.00 million, representing an increase of 49,877.27 million to 58,877.27 million compared to the previous year, which is a year-on-year growth of 48.37% to 57.09%[2] - The estimated net profit attributable to shareholders after deducting non-recurring gains and losses for 2024 is expected to be between 151,870.00 million and 160,870.00 million, an increase of 49,063.37 million to 58,063.37 million year-on-year, reflecting a growth of 47.72% to 56.48%[3] - The net profit for the year 2023 was 103,122.73 million, and the net profit after deducting non-recurring gains and losses was 102,806.63 million[4] Earnings Per Share - The basic earnings per share for 2023 was 1.71 yuan/share, and the diluted earnings per share was 1.61 yuan/share[4] Performance Drivers - The increase in performance is primarily attributed to the enhancement of production efficiency in various mining projects[5] Forecast Accuracy - There are no significant uncertainties that could affect the accuracy of the performance forecast as of the announcement date[6] - The forecast data is preliminary and subject to final confirmation in the official 2024 annual report[7]

Investment Rating - The investment rating for the company is "Outperform" (maintained) [1]. Core Views - The company plans to invest $750 million in the construction of the Lonshi Copper Mine East Zone, which is expected to reach an annual copper production of 100,000 tons upon completion [7]. - The Lonshi Copper Mine West Zone has already commenced production in Q4 2023, with an annual output of 40,000 tons of copper [7]. - The project is expected to generate an average annual sales revenue of $540 million and a profit of $210 million, with a post-tax internal rate of return of 21.91% [7]. Financial Data and Profit Forecast - Total revenue for 2023 is projected at 7,399 million yuan, with a year-on-year growth rate of 38.2% [5]. - The net profit attributable to the parent company for 2024 is estimated at 1,554 million yuan, reflecting a year-on-year growth of 50.7% [5]. - The company anticipates a gross profit margin of 31.0% for 2024, with a return on equity (ROE) of 18.2% [5]. - The earnings per share (EPS) for 2024 is expected to be 2.49 yuan [5]. Resource Segment Performance - The resource segment reported a nearly threefold increase in gross profit year-on-year for Q1-Q3 2024, with a gross profit margin of 44.2% [7]. - The copper resource rights amount to 2.36 million tons, while the phosphate rock resource rights amount to 18.95 million tons [7]. - The company plans to produce and sell 30,000 tons of phosphate rock and 10,000 tons of copper metal from its various projects in 2024 [7].

Group 1 - The company held its 15th meeting of the 5th Supervisory Board on January 18, 2025, with all three supervisors present, and the meeting complied with relevant laws and regulations [1][2][3] - The Supervisory Board unanimously approved the proposal for the investment in the Lonshi (龙溪) Copper Mine East District mining and selection project, confirming that the investment aligns with legal requirements and does not harm the interests of the company or its shareholders [2][4] Group 2 - The company will hold its first extraordinary general meeting of shareholders on February 7, 2025, with both on-site and online voting options available [7][8] - The meeting will discuss several proposals, including the election of a vice chairman and the appointment of a non-independent director, which have already been approved by the Board of Directors [9][38] Group 3 - The investment project involves the Lonshi (龙溪) Copper Mine East District in the Democratic Republic of the Congo, with a total estimated investment of approximately $751.34 million [48][61] - The project aims to utilize existing facilities from the West District and is expected to enhance the company's resource development capabilities, contributing to its long-term growth strategy [63]

Core Viewpoint - The company plans to invest approximately $751 million in the construction of the Lonshi copper mine's eastern section in the Democratic Republic of the Congo, enhancing its position in the mining industry and expanding its resource development capabilities [1][3]. Group 1: Project Overview - The project will be implemented by the company's wholly-owned subsidiary, Sabwe, and aims to establish a new mining operation in the eastern section of the Lonshi copper mine, which is located in the southeastern part of the Democratic Republic of the Congo [2]. - The eastern section is expected to have a maximum mining scale of 3.5 million tons per year, with a total investment estimated at $751 million, including $604 million for construction [3]. Group 2: Production and Resources - The eastern section has identified a total ore volume of 26.048 million tons, with a copper metal content of 1.04 million tons and an average grade of 3.99% [2]. - Upon reaching full production, the combined annual copper metal output from both the eastern and western sections of the Lonshi mine is projected to be approximately 100,000 tons [2]. Group 3: Financial Implications - The funding structure for the project includes 30% self-financing and 70% bank loans, which may increase the company's financial costs [3]. - The project is expected to positively impact the company's future business development and operational performance, facilitating further expansion into the resource development sector [3].

金诚信矿业管理股份有限公司 董事、监事及高级管理人员薪酬与考核管理办法 第一章 总 则 第一条 为进一步加强金诚信矿业管理股份有限公司（以下简称"公司"）董事、 监事及高级管理人员的薪酬管理，完善激励约束机制，有效地调动董事、监事及高级 管理人员的工作积极性，不断提高公司经营管理水平，促进公司健康、持续、稳定发 展，根据《中华人民共和国公司法》（以下简称《公司法》）、《上市公司治理准则》 《上市公司独立董事管理办法》等有关法律、法规以及《金诚信矿业管理股份有限公 司章程》(以下简称《公司章程》)、《金诚信矿业管理股份有限公司董事会薪酬与考 核委员会议事规则》（以下简称《薪酬与考核委员会议事规则》）等有关规定，制定 本办法。 第二条 本办法适用于公司董事、监事及高级管理人员。高级管理人员指《公司 章程》中规定的高级管理人员，具体包括：公司总裁、副总裁、财务总监、总工程师、 总经济师、董事会秘书。 第三条 公司以市场薪酬水平为参考，根据董事、监事及高级管理人员在公司所 任岗位的任职资格、知识要求、工作强度和法律责任等因素，确定对应的薪酬标准。 遵循以下原则： （一）公开、公平、公正原则。薪酬水平符合公司规模与经营 ...

证券代码：603979 证券简称：金诚信 公告编号：2025-007 转债代码：113615 转债简称：金诚转债 金诚信矿业管理股份有限公司 关于召开 2025 年第一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 (一) 股东大会类型和届次 2025 年第一次临时股东大会 至 2025 年 2 月 7 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 东大会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互 联网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 (六) 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者 的投票，应按照《上海证券交易所上市公司自律监管指引第 1 号 — 规范运 作》等有关规定执行。 召开的日期时间：2025 年 2 月 7 日 14 点 00 分 召开地点：北京市丰台区育仁南路 ...

| 证券代码：603979 | 证券简称：金诚信 | 公告编号：2025-004 | | --- | --- | --- | | 转债代码：113615 | 转债简称：金诚转债 | | 金诚信矿业管理股份有限公司 第五届监事会第十五次会议决议公告 本公司监事会及全体监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个别及连带责任。 二、 监事会会议审议情况 1、审议通过《关于投资建设Lonshi（龙溪）铜矿东区采选工程的议案》， 与会监事一致认为本次投资事项符合有关法律法规、规范性文件及《公司章程》 的规定，相关议案的审议和决策程序合法、有效，未损害公司及其他股东，特别 是中小股东的利益。 表决结果：3票同意，0票反对，0票弃权。 该项议案尚需提交公司股东大会审议。 特此公告。 重要提示：本次监事会所审议议案获得全票通过 一、 监事会会议召开情况 金诚信矿业管理股份有限公司（以下简称"公司"）于 2025 年 1 月 10 日 以书面的形式发出了关于召开第五届监事会第十五次会议的通知及相关资料。本 次会议于 2025 年 1 月 18 日在公司会议室以现场会 ...