证券代码：000603 证券简称：盛达资源 公告编号：2020-048 盛达金属资源股份有限公司 关于参加北京辖区上市公司投资者集体接待日活动的公告 本公司及董事会全体成员保证信息披露的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 为进一步加强与广大投资者的沟通交流，盛达金属资源股份有限公司（下称 "公司"）将参加"2020 年北京辖区上市公司投资者集体接待日"活动，现将有 关事项公告如下： 本次集体接待日活动将采取网络远程的方式举行，投资者可以登录"全景网" 网站（http://rs.p5w.net/html/123119.shtml）或关注微信公众号全景路演天 下，参与本次投资者集体接待日活动，活动时间为 2020 年 9 月 8 日（星期二） 15:00 至 17:00。 届时公司副总裁兼董事会秘书张开彦先生、副总裁兼财务总监黄锦亮先生将 通过网络在线交流形式与投资者就公司治理、发展战略、经营状况、可持续发展 等投资者关注的问题进行沟通，欢迎广大投资者积极参与。 特此公告。 盛达金属资源股份有限公司董事会 二〇二〇年八月二十五日 ...

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 491,928,715.93, a decrease of 57.50% compared to CNY 1,157,346,944.89 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was CNY 19,235,097.27, down 90.94% from CNY 212,248,567.21 year-on-year[22]. - The net profit after deducting non-recurring gains and losses was CNY -35,328,106.93, a decline of 128.33% compared to CNY 124,719,532.54 in the previous year[22]. - The total profit for the period was 29.04 million yuan, down 89.95% year-on-year, while the net profit attributable to shareholders was 19.24 million yuan, a decline of 90.94%[47]. - The company reported a significant increase of 245.12% in other income, totaling ¥867,222.21, mainly from government subsidies[53]. - The company reported a net profit of ¥22,961,278.79 from Inner Mongolia Yindu Mining Co., which contributed over 10% to the overall net profit[73]. - The company reported a total comprehensive income attributable to the parent company of -181,201,599.31, compared to 212,248,567.21 in the previous period, indicating a significant decline[191]. Cash Flow and Assets - The net cash flow from operating activities was CNY -51,625,365.96, an improvement of 33.98% from CNY -78,193,030.69 in the same period last year[22]. - Total assets at the end of the reporting period were CNY 4,109,770,962.44, a decrease of 5.48% from CNY 4,347,903,781.43 at the end of the previous year[22]. - The company's current assets totaled CNY 949,905,723.87, down from CNY 1,104,827,899.74 at the end of 2019, indicating a decrease of about 14.0%[167]. - Cash and cash equivalents decreased significantly from CNY 325,806,033.61 at the end of 2019 to CNY 134,597,776.47, a drop of approximately 58.7%[165]. - Inventory increased to CNY 233,994,023.30 from CNY 183,528,168.05, reflecting a growth of about 27.5%[165]. - Total liabilities rose to CNY 1,705,057,091.09 from CNY 1,685,080,662.14, marking an increase of approximately 1.9%[171]. Operational Insights - The company operates six mining subsidiaries, with a silver resource reserve of nearly 10,000 tons and an annual mining capacity of approximately 2 million tons[38]. - The main mining subsidiary, Yin Du Mining, has a gross profit margin of around 80%, making it one of the highest among listed companies in the industry[38]. - The company plans to increase operational shifts and optimize efficiency to ensure the achievement of annual production targets[39]. - The company has a strong talent and technology advantage, utilizing industry-leading equipment and advanced automation control technology[38]. - The company’s main products include silver ingots, gold, and lead-zinc concentrates, with sales channels primarily targeting smelters and metal processing enterprises[32]. Market and Industry Conditions - Due to the COVID-19 pandemic, the company's production and sales volume in the first half of the year significantly decreased compared to the same period last year[38]. - The company expects a significant recovery in demand as economic activities resume, supported by global liquidity easing and geopolitical tensions[39]. - The company acknowledges risks related to fluctuations in non-ferrous metal prices and industry cyclicality[6]. - The company anticipates significant fluctuations in net profit for the period from January to September 2020 due to industry cyclicality and metal price volatility risks[76]. Strategic Plans and Investments - The company plans to expand and deepen cooperation with key banks and initiate refinancing to maintain a stable capital structure[43]. - The company aims to complete one mining project acquisition within the year, having researched over 20 potential projects[48]. - The company has completed the installation of major equipment for the 35,000-ton per year manganese sulfate project, expected to start trial production in August 2020[48]. - The company plans to develop a scientific sales plan to maximize operational efficiency, taking advantage of favorable trends in silver, gold, lead, and zinc prices[39]. Shareholder and Governance Information - Gansu Shengda Group holds 31.30% of the shares, totaling 215,939,596 shares, with 43,680,140 shares under lock-up[135]. - Zhao Mantang owns 7.35% of the shares, totaling 50,735,300 shares, with 47,500,000 shares pledged[135]. - The total number of shareholders holding more than 5% of the shares is 38,001[134]. - The company has not undergone any changes in controlling shareholders during the reporting period[142]. Risk Management and Compliance - Safety production risks are a concern due to potential natural disasters and equipment failures, prompting the company to enhance safety measures and management practices[76]. - The company has not reported any significant litigation or arbitration matters during the reporting period[87]. - The company is classified as a key pollutant discharge unit by environmental protection authorities[121]. - The total discharge amount of pollutants from Inner Mongolia Jinshan Mining Co., Ltd. is 473,000 tons per year, adhering to the specified environmental standards[121].

Financial Performance - The company's operating revenue for Q1 2020 was ¥140,809,175.41, a decrease of 75.09% compared to ¥565,244,848.65 in the same period last year[9]. - The net profit attributable to shareholders was -¥43,257,761.46, representing a decline of 144.46% from ¥97,289,387.71 year-on-year[9]. - The basic earnings per share were -¥0.0627, down 144.46% from ¥0.1410 in the same period last year[9]. - The net profit for the current period is a loss of ¥46,678,706.24, compared to a net profit of ¥103,400,868.13 in the previous period, reflecting a substantial decline in profitability[65]. - The total comprehensive income for the current period is -¥46,678,706.24, compared to ¥103,400,868.13 in the previous period[68]. - The company reported a net profit of -19,170,527.08, compared to a profit of 25,310,248.44 in the previous period, indicating a significant decline in profitability[72]. Cash Flow - The net cash flow from operating activities was -¥160,850,380.61, an improvement of 28.64% compared to -¥225,409,714.55 in the previous year[9]. - The company reported a significant decrease in cash flow from financing activities, down 144.19% to -¥18,064,629.17 from ¥40,881,975.01, due to no new financing this period[28]. - Cash flow from operating activities showed a net outflow of -160,850,380.61, an improvement from -225,409,714.55 in the prior period[80]. - The financing activities resulted in a net cash outflow of -18,064,629.17, contrasting with a net inflow of 40,881,975.01 in the previous period[82]. - The cash flow from financing activities showed a net outflow of -15,356,629.17 CNY, contrasting with a substantial inflow of 728,041,875.01 CNY in the prior period[86]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,077,598,610.16, a decrease of 6.22% from ¥4,347,903,781.43 at the end of the previous year[9]. - The net assets attributable to shareholders were ¥2,207,871,717.86, down 1.91% from ¥2,250,764,558.48 at the end of the previous year[9]. - Total liabilities decreased from 1,685,080,662.14 to 1,463,789,276.27, a decrease of about 13.1%[47]. - The company's total liabilities amount to ¥1,131,400,128.62, a decrease from ¥1,160,032,078.01 in the previous period[57]. - The owner's equity decreased from 2,662,823,119.29 to 2,613,809,333.89, a decline of approximately 1.8%[50]. Shareholder Information - The top shareholder, Gansu Shengda Group Co., Ltd., holds 31.30% of the shares, totaling 215,939,596 shares[14]. - The total number of ordinary shareholders at the end of the reporting period was 41,296[14]. Government Support - The company received government subsidies amounting to ¥267,147.44 during the reporting period[9]. Changes in Financial Position - The company's cash and cash equivalents decreased by 80.36% to ¥63,994,518.47 from ¥325,806,033.61 due to tax payments and asset acquisitions[25]. - Accounts receivable decreased by 39.35% to ¥27,948,051.92 from ¥46,078,852.53, attributed to collection of receivables[25]. - The company's contract liabilities amounted to ¥185,295,199.12, reflecting a reclassification from advance receipts under new revenue standards[25]. - The fair value change loss was ¥-2,090,343.15, a 152.12% decrease from a gain of ¥4,011,019.32, due to declines in trading financial assets[25]. - The company's prepayments increased by 36.16% to ¥140,982,650.92 from ¥103,540,803.45, mainly due to increased advance payments for orders[25]. Financial Standards and Reporting - The company executed adjustments in its financial statements due to the adoption of new revenue and leasing standards, impacting the classification of contract liabilities[90]. - The first quarter report for 2020 has not been audited[100]. - The company has implemented new revenue and lease standards starting in 2020, with retrospective adjustments to prior comparative data[100]. - The report was presented by the Chairman, Zhu Shengli, on April 27, 2020[101].

Financial Performance - The company's operating revenue for 2019 was CNY 2,900,686,684.46, representing a 20.77% increase compared to CNY 2,401,820,094.78 in 2018[23] - The net profit attributable to shareholders of the listed company was CNY 448,436,292.55, an increase of 8.91% from CNY 411,755,333.63 in the previous year[23] - The net profit after deducting non-recurring gains and losses was CNY 376,216,426.51, which is a 23.33% increase from CNY 305,057,764.08 in 2018[23] - The basic earnings per share for 2019 were CNY 0.65, up 8.91% from CNY 0.60 in the previous year[23] - The diluted earnings per share also stood at CNY 0.65, reflecting the same increase of 8.91% from CNY 0.60 in 2018[23] - The company's total revenue for Q1, Q2, Q3, and Q4 of 2019 was approximately ¥565.24 million, ¥592.10 million, ¥799.91 million, and ¥943.43 million respectively, showing a significant increase in the latter half of the year[28] - The net profit attributable to shareholders for the same quarters was ¥97.29 million, ¥114.96 million, ¥128.00 million, and ¥108.18 million, indicating a strong performance in Q3[28] - The company achieved operating revenue of 2,900.69 million yuan, a year-on-year increase of 20.77%[63] - Net profit attributable to shareholders reached 448.44 million yuan, growing by 8.91% compared to the previous year[63] - The company’s operating profit reached 705.40 million yuan, reflecting a year-on-year growth of 13.39%[63] Cash Flow and Investments - The net cash flow from operating activities was CNY 597,693,409.65, showing a decrease of 24.33% compared to CNY 789,897,761.17 in 2018[23] - The total cash inflow from operating activities decreased by 6.77% to CNY 3,144,800,025.78, with net cash flow from operating activities down 24.33% to CNY 597,693,409.65[94] - Investment cash inflow dropped by 41.72% to CNY 206,222,232.49, while investment cash outflow decreased by 29.93% to CNY 697,520,275.86[94] - The net cash flow from investing activities decreased by 23.43% compared to the same period last year, primarily due to reduced cash received from investment activities and the acquisition of DeYun Mining[98] - The total cash inflow from financing activities increased by 243.37% year-on-year, attributed to the disbursement of a loan related to the acquisition of Jinshan Mining[98] - The net cash flow from financing activities decreased by 75.03% compared to the previous year, mainly due to the repayment of bank loans by the subsidiary Jinshan Mining[98] Acquisitions and Expansion - The company completed the acquisition of a 54% stake in Deyun Mining in September 2019, increasing its mining subsidiaries to six[36] - The company has acquired mining rights and exploration rights through its subsidiaries, enhancing its asset base and resource potential[47] - The company acquired 54% of DeYun Mining, increasing silver reserves to nearly 10,000 tons[65] - The establishment of Tianjin Xingsheng Metal Materials Co. and Tianjin Dexin Trading Co. will optimize the company's industrial layout and expand its business in the non-ferrous metal industry chain, improving revenue and market competitiveness[135] Production and Resources - The company has a silver resource reserve of nearly 10,000 tons and an annual mining capacity of approximately 2 million tons, supported by six mining subsidiaries[43] - The Baiyinda Silver Polymetallic Mine, owned by Yindu Mining, maintains a high gross margin of around 80% and has significant metal reserves of silver and zinc[43] - The average silver grade at the Baiyinda Mine is 228.42 grams per ton, while the average lead and zinc grades are 2.13% and 4.48%, respectively[44] - The company has been actively exploring new operational models and strategies, focusing on the integration of primary mineral resources and urban mining resources[75] - The company plans to invest in urban mining, aiming to recycle metals from industrial waste, with a project capable of processing 200,000 tons of hazardous waste annually[68] Market and Industry Trends - The company is focused on diversifying resource reserves in response to market opportunities in new energy metal materials[62] - The non-ferrous metal industry is supported by national policies aimed at optimizing industry layout and promoting mergers and acquisitions, which will benefit the company's long-term development[138] - The company anticipates that positive fiscal policies will boost industrial metal demand in 2020, while global economic uncertainties may sustain or increase precious metal prices[139] Commitments and Governance - The company has confirmed that all commitments made by the controlling shareholders and related parties have been fulfilled as of the reporting period[159] - The commitments made by the controlling shareholders ensure that there are no undisclosed related parties or transactions that could affect the company[172] - The company guarantees the independence of its operations, assets, and finances from the controlling shareholders and related parties[179] - The company has established a performance compensation mechanism for shareholders if profit targets are not met during the commitment period[168] Environmental and Safety Compliance - The company has not violated any environmental protection or safety regulations during its operations, and there have been no safety or environmental pollution incidents[183] - The company has been included in national or regional green mining lists, indicating a commitment to environmental protection and sustainable practices[75]

Financial Performance - The company's operating revenue for 2019 was CNY 2,900,686,684.46, representing a 20.77% increase compared to CNY 2,401,820,094.78 in 2018[23] - The net profit attributable to shareholders of the listed company was CNY 448,436,292.55, an increase of 8.91% from CNY 411,755,333.63 in the previous year[23] - The net profit after deducting non-recurring gains and losses was CNY 376,216,426.51, which is a 23.33% increase from CNY 305,057,764.08 in 2018[23] - The basic earnings per share for 2019 was CNY 0.65, up 8.91% from CNY 0.60 in 2018[23] - Operating profit reached 705.40 million yuan, up 13.39% year-on-year[58] - The company reported non-recurring gains of ¥72.22 million in 2019, down from ¥106.70 million in 2018, primarily due to fluctuations in asset disposal and government subsidies[29] Cash Flow and Assets - The net cash flow from operating activities decreased by 24.33% to CNY 597,693,409.65 from CNY 789,897,761.17 in the previous year[23] - The total assets at the end of 2019 were CNY 4,347,903,781.43, reflecting a 17.23% increase from CNY 3,708,934,437.11 at the end of 2018[23] - The company reported a significant increase in long-term equity investments, which rose to CNY 160,694,613.56, accounting for 3.70% of total assets[90] - The total investment amount for the reporting period was ¥269,171,001.75, a decrease of 79.58% compared to ¥1,318,117,121.54 in the same period last year[95] Mining Operations and Acquisitions - The company completed the acquisition of a 54% stake in Deyun Mining in September 2019, increasing its mining subsidiaries to six[36] - The company holds nearly 10,000 tons of silver resources, with a mining capacity of nearly 2 million tons per year[43] - The company is actively expanding its market presence and enhancing its mining capabilities through strategic acquisitions and operational improvements[36] - The company aims to acquire at least one quality project annually to enhance its mineral resource reserves[60] Revenue Breakdown - The revenue from non-ferrous metal mining accounted for 46.00% of total revenue, while non-ferrous metal trading accounted for 53.99%, with the latter seeing a significant increase of 38.18%[68] - The company’s lead concentrate sales increased by 80.04% year-on-year, reaching approximately ¥737 million, while zinc concentrate sales decreased by 14.12%[68] - The revenue from non-ferrous metal mining and selection reached ¥1,334,372,573.51, with a gross margin of 66.44%, reflecting a year-on-year increase of 5.21% in revenue and a slight increase of 1.69% in gross margin[69] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 1.00 per 10 shares, totaling CNY 68,996,934.60 based on 689,969,346 shares[6] - The cash dividend distribution aligns with the company's mature development stage and significant capital expenditure plans[152] - The company has not made any adjustments to its cash dividend policy during the reporting period, ensuring the protection of minority shareholders' rights[146] Strategic Focus and Future Plans - The company plans to focus on precious metals and new energy materials such as nickel, cobalt, manganese, and lithium to enhance its resource portfolio[134] - The company aims to upgrade its business model to integrate primary mining and urban mining, enhancing its position in the metal resource recycling supply chain[134] - The company plans to broaden financing channels to meet its operational and project funding needs[138] Compliance and Risk Management - The company emphasizes internal control and risk management to ensure sustainable development and protect shareholder interests[65] - The company has committed to strict adherence to securities regulations, ensuring confidentiality regarding the transfer of equity to the listed company[183] - The company guarantees the independence of its operations, ensuring complete separation from its controlling shareholders in personnel, assets, finance, organization, and business aspects[174]

Financial Performance - Operating revenue decreased by 23.45% to CNY 799,905,073.09 compared to the same period last year[10] - Net profit attributable to shareholders decreased by 0.72% to CNY 128,003,127.29 compared to the same period last year[10] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 17.06% to CNY 128,569,506.48 compared to the same period last year[10] - Basic earnings per share decreased by 0.75% to CNY 0.1855 compared to the same period last year[10] - Weighted average return on equity decreased by 1.63% to 6.12% compared to the same period last year[10] - Total operating revenue for Q3 2019 was CNY 799,905,073.09, a decrease of approximately 23.5% compared to CNY 1,044,880,893.61 in the same period last year[65] - Net profit for Q3 2019 was CNY 174,192,831.67, slightly up from CNY 170,089,233.79 in the previous year, indicating a growth of approximately 2.0%[68] - The total comprehensive income attributable to the parent company's owners was approximately CNY 408.07 million, compared to CNY 428.06 million in the previous period, reflecting a decrease of about 4.1%[89] Assets and Liabilities - Total assets increased by 12.66% to CNY 4,178,463,346 compared to the end of the previous year[10] - Total liabilities reached CNY 1,751,320,708.70, compared to CNY 1,560,873,819.41 in the previous year, marking an increase of about 12.2%[51] - The company's total assets as of September 30, 2019, were CNY 4,178,463,346.00, up from CNY 3,708,934,437.11, reflecting a growth of approximately 12.7%[54] - Long-term borrowings rose to CNY 738,000,000.00 from CNY 450,000,000.00, indicating an increase of approximately 64%[51] - The company's total liabilities increased to CNY 1,204,171,108.47 from CNY 926,986,924.54, representing an increase of about 29.8%[64] Cash Flow - Cash flow from operating activities for the year-to-date increased by 10.86% to CNY 243,336,189.14 compared to the same period last year[10] - The net cash flow from operating activities was -126,227,241.26, compared to 70,926,912.58 in the previous period, indicating a significant decline in operational cash generation[108] - The cash flow from operating activities was impacted by a total outflow of 428,422,282.28, compared to 347,969,317.91 in the previous period, indicating increased operational costs[108] - The cash flow from tax refunds and other operating activities was 302,195,041.02, down from 418,896,230.49 in the previous period, suggesting reduced operational efficiency[108] Shareholder Equity - Net assets attributable to shareholders increased by 18.69% to CNY 2,156,574,086.25 compared to the end of the previous year[10] - Total equity rose to CNY 2,253,862,226.53 from CNY 2,015,310,595.60, marking an increase of approximately 11.8%[64] - The equity attributable to shareholders increased to CNY 2,156,574,086.25 from CNY 1,816,922,588.25, showing an increase of about 18.7%[54] Investments and Expenses - Financial expenses surged by 129.08% to ¥36,696,468.30, primarily from interest on new acquisition loans[30] - Investment income rose to ¥164,288,000.00 from ¥114,717,708.50, representing an increase of about 43.1%[76] - Management expenses increased to CNY 25.16 million from CNY 16.29 million, reflecting a rise of approximately 54.5%[94] Other Key Metrics - The company had a total of 39,256 shareholders at the end of the reporting period[15] - Cash and cash equivalents decreased by 31.64% to ¥260,730,286.19 due to payments related to the acquisition of Jingshan Mining and tax payments[26] - Trade receivables increased by 193.33% to ¥40,487,707.02, attributed to uncollected revenue from subsidiaries[26] - Inventory increased by 50.08% to ¥222,453,378.75, driven by an increase in finished goods and work-in-progress[26]

Financial Performance - The company's operating revenue for the first half of 2019 was CNY 1,157,346,944.89, representing a 30.88% increase compared to CNY 884,290,856.28 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was CNY 212,248,567.21, a 9.03% increase from CNY 194,678,236.66 in the previous year[22]. - The basic earnings per share increased to CNY 0.3076, up 9.00% from CNY 0.2822 in the previous year[22]. - The company achieved operating revenue of RMB 1,157.35 million, a year-on-year increase of 30.88%[54]. - Net profit attributable to shareholders reached RMB 212.25 million, reflecting a growth of 9.03% compared to the previous year[54]. - The net profit for the first half of 2019 was CNY 233,875,495.10, a decrease of 9.3% from CNY 257,966,687.17 in the previous year[185]. - The net profit attributable to the parent company was CNY 212,248,567.21, an increase from CNY 194,678,236.66 in the previous period, representing a growth of approximately 9.6%[188]. - The total comprehensive income attributable to the parent company was CNY 212,248,567.21, compared to CNY 194,678,236.66 in the prior period, indicating a similar growth trend[191]. Cash Flow and Financial Position - The net cash flow from operating activities was negative at CNY -78,193,030.69, a decrease of 123.03% compared to CNY 339,508,614.05 in the same period last year[22]. - The company's cash flow from operating activities was CNY 1,360,110,126.80, down from CNY 1,617,835,384.22 in the previous period, representing a decrease of about 15.9%[199]. - The company reported a net cash inflow from sales of goods and services of CNY 1,259,718,613.04, compared to CNY 1,497,108,983.61 in the previous period, indicating a decline of approximately 15.9%[199]. - The company's total current assets as of June 30, 2019, amounted to ¥1,616,497,360.25, an increase from ¥809,125,366.14 at the end of 2018[165]. - The company's cash and cash equivalents decreased to ¥176,761,350.35 from ¥381,390,430.99 year-over-year[162]. - Total liabilities decreased to ¥1,476,351,288.87 from ¥1,560,873,819.41 year-over-year[170]. Assets and Investments - Total assets at the end of the reporting period were CNY 3,800,172,053.07, reflecting a 2.46% increase from CNY 3,708,934,437.11 at the end of the previous year[22]. - The company's total assets as of June 30, 2019, were ¥3,800,172,053.07, compared to ¥3,708,934,437.11 at the end of 2018[170]. - The company has a silver resource reserve of nearly 10,000 tons and an annual mining capacity of nearly 2 million tons, with a gross margin of around 80% for its main mine, the Baiyinda Silver Polymetallic Mine[40]. - The Baiyinda Silver Polymetallic Mine has a proven ore reserve of 10.42 million tons, with silver metal content of 2,370.64 tons and an average grade of 227.49 grams per ton[43]. - The company completed the acquisition of a 44% stake in Deyun Mining in July 2019, with estimated resources of 5,005,578 tons of ore and 945.97 tons of silver at an average grade of 189 g/t[48]. Operational Efficiency and Technology - The company utilizes advanced mining and processing technologies, including priority flotation processes and strong magnetic separation techniques, to enhance recovery rates[37]. - The company’s mining operations are supported by a professional technical team and industry-leading equipment, ensuring a competitive edge in geological and mining technology[40]. - The company has accumulated rich experience in mining technology, particularly in the separation of difficult-to-process ores, which supports its operational efficiency[48]. - The company is currently upgrading its production system and expanding its processing plant to enhance the extraction and utilization of silver, manganese, and gold[46]. Strategic Initiatives and Future Plans - The company is focused on strategic investments to cultivate new profit growth points and achieve external growth through project investments[49]. - The company is actively seeking quality mining acquisition targets to enhance resource reserves and extend its industrial chain into metal resource recycling[54]. - The company is accelerating the construction of the 35,000-ton manganese sulfate project, expected to complete by year-end, enhancing resource extraction capabilities[54]. - The company has a long-term strategy focused on sustainable growth and potential acquisitions to strengthen its market position[182]. Risks and Challenges - The company faces risks related to fluctuations in non-ferrous metal prices and industry cyclicality[6]. - The company has identified significant risks including industry cyclicality, price volatility of non-ferrous metals, and safety production risks, and will adjust strategies accordingly[80]. - The company has implemented measures to strengthen safety management and reduce production risks[80]. Shareholder and Equity Information - The controlling shareholder, Shengda Group, is a major player in the Gansu private enterprise sector, providing significant resource advantages and financial backing[50]. - Gansu Shengda Group holds 31.30% of the shares, amounting to 215,939,596 shares, with 135,839,596 shares under lock-up[135]. - The total number of shares before the change was 689,969,346, with 32.86% being restricted shares and 67.14% being unrestricted shares[130]. - The company has not conducted any repurchase transactions during the reporting period[139]. - The company repurchased 23,840,000 shares during the reporting period, accounting for 3.46% of the total share capital[143].

证券代码：000603 证券简称：盛达矿业 公告编号：2019-033 盛达矿业股份有限公司 关于参加北京辖区深市上市公司投资者集体接待日活动 的公告 本公司及董事会全体成员保证信息披露的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 为进一步加强与广大投资者的沟通交流，盛达矿业股份有限公司 （下称"公司"）将参加由北京上市公司协会、深圳市全景网络有限 公司共同举办的"2019 年北京辖区深市上市公司投资者集体接待日" 活动，现将有关事项公告如下： 本次活动将在深圳市全景网络有限公司提供的网上平台采取网络 远程的方式举行，活动时间为 2019 年 7 月 18 日（星期四）15:00 至 17:00 。 投 资 者 可 登 录 " 全 景 路 演 天 下 " 参 与 本 次 互 动 交 流 （http://rs.p5w.net/html/103630.shtml），或扫描二维码方式登录 参与。 届时公司副总裁兼董事会秘书张开彦先生、副总裁兼财务总监黄 锦亮先生将通过网络在线交流形式与投资者就公司治理、发展战略、 1 经营状况、融资计划和可持续发展等投资者关注的问题进行沟通。 欢迎广大投资者积极参与。 ...

Financial Performance - The company's operating revenue for Q1 2019 was ¥565,244,848.65, representing an increase of 89.93% compared to the same period last year, which was ¥170,073,291.89[10] - The net profit attributable to shareholders for Q1 2019 was ¥97,289,387.71, a year-on-year increase of 9.57% from ¥67,158,937.64[10] - The basic earnings per share for Q1 2019 was ¥0.1410, up 9.56% from ¥0.10 in the same period last year[10] - Operating revenue increased by 89.93% year-on-year, driven by higher revenues from non-ferrous metal mining and trading[27] - Operating costs grew by 164.37% year-on-year, resulting from increased costs in non-ferrous metal mining and trading[27] - The company reported a net increase in cash and cash equivalents of -209,837,483.60, compared to an increase of 123,426,605.88 in the previous period[86] - The total profit for the period is 25,310,248.44, compared to a loss of 3,604,877.84 in the previous period, indicating a significant recovery[76] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,538,834,299.21, a decrease of 4.59% from ¥3,708,934,437.11 at the end of the previous year[10] - Total current assets increased to ¥1,338,666,395.83 as of March 31, 2019, compared to ¥809,125,366.14 at December 31, 2018, reflecting a growth of approximately 65.1%[48] - Total liabilities decreased to ¥1,310,023,051.29 from ¥1,560,873,819.41, a decline of approximately 16.0%[51] - The company’s total liabilities included short-term borrowings of 200,000,000.00 CNY and long-term borrowings of 450,000,000.00 CNY[100] - The total assets amounted to 3,708,934,437.11 CNY, with total liabilities at 1,560,873,819.41 CNY, resulting in total equity of 2,148,060,617.70 CNY[100] Cash Flow - The net cash flow from operating activities for Q1 2019 was -¥225,409,714.55, showing a significant decline compared to -¥142,031,409.05 in the same period last year[10] - Cash received from sales of goods and services is 364,405,551.59, down from 493,780,842.44 in the previous period, showing a decrease of approximately 26.1%[80] - The cash flow from investment activities is -25,309,744.06, an improvement from -88,121,141.45 in the previous period, indicating better investment management[86] - The company received 39,000,000.00 in cash from investment recoveries, compared to 20,000,000.00 in the previous period, showing a 95% increase[86] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,746[14] - The largest shareholder, Gansu Shengda Group, held 31.30% of the shares, totaling 215,939,596 shares[14] - The company's equity attributable to shareholders increased to ¥1,914,279,693.03 from ¥1,816,922,588.25, reflecting a growth of about 5.4%[54] Other Financial Metrics - The weighted average return on equity for Q1 2019 was 5.21%, an increase from 2.72% in the same period last year[10] - The company reported non-recurring gains and losses amounting to ¥4,119,845.87 during the reporting period[12] - The company incurred financial expenses of ¥10,218,157.88, significantly higher than ¥144,261.89 in the previous period, reflecting a substantial increase[72] - The company’s retained earnings increased to ¥761,151,094.24 from ¥735,840,845.80 in the previous period, showing a growth of approximately 3.4%[64] Changes and Expectations - The company expects significant changes in net profit compared to the same period last year, but specific forecasts are not provided[32] - The company adopted new financial instrument standards starting January 1, 2019, affecting the presentation of financial statements[104] - The first quarter report for 2019 was not audited[107]

Financial Performance - The company's operating revenue for 2018 was CNY 2,401,820,094.78, representing an increase of 80.03% compared to CNY 1,096,020,555.50 in 2017[23] - The net profit attributable to shareholders of the listed company was CNY 411,755,333.63, up 27.52% from CNY 283,143,763.79 in the previous year[23] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 305,057,764.08, reflecting a growth of 17.95% compared to CNY 258,641,840.05 in 2017[23] - Basic earnings per share for 2018 were CNY 0.60, representing a 27.66% increase from CNY 0.47 in 2017[26] - The weighted average return on net assets was 25.56%, up from 10.65% in the previous year, indicating improved profitability[26] - The company reported a net profit of 411,755,333.63 yuan in 2018, with no cash dividends distributed, resulting in a 0.00% dividend payout ratio[148][151] Cash Flow and Investments - Cash generated from operating activities reached CNY 789,897,761.17, a significant increase of 370.10% from CNY 524,124,867.39 in the previous year[23] - Operating cash inflow totaled ¥3,373,282,543.35, reflecting a 51.57% increase compared to the previous year[93] - The net cash flow from operating activities surged by 370.10% to ¥789,897,761.17, driven by increased cash receipts from sales[94] - Investment cash inflow increased by 129.72% to ¥353,862,990.44, attributed to reduced cash receipts from investment recoveries[94] - The total investment amount for the reporting period reached ¥1,318,117,121.54, a significant increase of 525% compared to ¥199,700,000.00 in the same period last year[102] Assets and Liabilities - Total assets at the end of 2018 amounted to CNY 3,708,934,437.11, a decrease of 12.10% from CNY 4,219,268,871.07 at the end of 2017[26] - The net assets attributable to shareholders of the listed company were CNY 1,816,922,588.25, down 31.50% from CNY 2,652,569,884.28 in 2017[26] - The company's asset-liability ratio remains below the industry average, indicating strong financing capabilities despite a slight increase post-acquisition of Jinshan Mining[55] Subsidiaries and Acquisitions - The company completed the acquisition of Jinshan Mining, increasing its subsidiaries to five, which enhances its operational capacity in the mining sector[39] - The acquisition of 67% of Jinshan Mining significantly increased the company's resource reserves, with Jinshan holding the largest independent silver mine in China, containing 3,546.07 tons of silver metal[51] - The company has included new subsidiaries in its consolidation scope, including Beijing Shengda Cultural Tourism Co., Ltd. and Inner Mongolia Jinshan Mining Co., Ltd.[85] Production and Operations - The company has a mining capacity of nearly 2 million tons per year across its five subsidiaries, with the main mine, Yindu Mining, maintaining a gross margin of approximately 80%[46] - The company reported a gross margin exceeding 60% in non-ferrous metal mining due to high ore grades and low extraction costs, supported by the full operation of a 300,000-ton processing plant[54] - The company is currently developing a manganese sulfate production line, which will utilize manganese-silver mixed concentrates as raw materials, targeting the agricultural sector[41] Market and Sales - Silver sales accounted for nearly 50% of the company's total sales, becoming a significant revenue source[63] - The revenue from non-ferrous metal mining reached ¥1,268,273,819.13, representing a year-on-year increase of 26.10%[75] - The revenue from non-ferrous metal trading was ¥1,133,361,681.31, with a significant year-on-year increase of 245.43%[75] Risk Management - The company has acknowledged potential risks related to price fluctuations and industry cyclicality in its future outlook[5] - The company is exposed to cyclical risks in the industry and will adjust production and sales strategies to mitigate these risks[137] - The company will strengthen safety measures and invest in safety equipment to prevent production risks associated with natural disasters and human errors[137] Strategic Plans - The company plans to expand its market presence by leveraging its subsidiaries to provide comprehensive services in metal trading, risk management, and supply chain finance[39] - The company plans to implement a development strategy focusing on "native mineral resources + urban mining resources" to become a leading metal resource provider[132] - The company aims to enter the metal resource recycling industry, focusing on the recovery of nickel, cobalt, and lithium resources[133] Compliance and Governance - The company has not made any adjustments to its cash dividend policy during the reporting period, ensuring compliance with its articles of association[145][146] - The company has committed to maintaining the integrity and legality of the assets involved in the major asset restructuring transaction[167] - The company has obtained all necessary approvals and licenses for its operations, ensuring compliance with Chinese laws[167]