RSM 容诚 实际盈利数与利润预测数的差异情况 专项审核报告 铜陵有色金属集团股份有限公司 中国·北京 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://wc.mof.gov.cn）" 进行 "进行使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http:///acc.mof.gov.cn）" 进行进行 日 录 页码 and and 内 序号 实际盈利数与利润预测数差异情况专项审核报告 > 1-2 1" = " 实际盈利数与利润预测数的差异情况说明 1-5 2 容诚专字[2025]230Z1036 号 容诚会计师事务所(特殊普通合伙) 我们按照《中国注册会计师其他鉴证业务准则第 3101 号 -- 历史财务信息审 计或审阅以外的鉴证业务》的规定计划和实施审核工作,以对铜陵有色管理层编制 的差异情况说明是否不存在重大错报获取合理保证。在审核过程中,我们实施了包 括检查会计记录、重新计算等我们认为必要的程序。我们相信,我们的审核工作为 发表审核意见提供了合理的基础。 我们认为,后附的铜陵有色 2024年度差异情况说明在所有重大方面已经按照 中国证券监督管理委员会《上市公司重大资产重组管 ...

RSM 容诚 关于中铁建铜冠投资有限公司 2024 年度业绩承诺实现情况说明的审核报告 铜陵有色金属集团股份有限公司 容诚专字|2025|230Z1037 号 容诚会计师事务所(特殊普通合伙) 中国 · 北京 地址 报告编码:京25VL 目 录 | 序号 | 内 容 | 页码 | | --- | --- | --- | | | 业绩承诺实现情况说明的审核报告 | 1-2 | | 2 | 业绩承诺实现情况的说明 | 1-4 | 关于中铁建铜冠投资有限公司 2024 年度业绩承诺实现情况说明的审核报告 本审核报告仅供铜陵有色年度报告披露之目的使用,不得用作任何其他目的。 （此页无正文，为铜陵有色容诚专字[2025]230Z1037 号审核报告之签字盖章 页。) th 中国注册会计师: 黄晓奇 中国注册会计师: 毛邦威 中国注册会计师: 卢金海 容诚专字[2025]230Z1037 号 铜陵有色金属集团股份有限公司全体股东: 我们接受委托,审核了后附的铜陵有色金属集团股份有限公司(以下简称铜 陵有色)管理层编制的《关于中铁建铜冠投资有限公司 2024 年度业绩承诺实现 情况的说明》（以下简称业绩承诺实现情况说明）。 ...

RSM 容诚 非经营性资金占用及其他关联资金 往来情况专项说明 铜陵有色金属集团股份有限公司 关于铜陵有色金属集团股份有限公司 非经营性资金占用及其他关联资金往来情况专项说明 容诚专字[2025]230Z0351 号 容诚专字|2025|230Z0351 号 容诚会计师事务所(特殊普通合伙) 中国·北京 " 报告编码:京25GF 铜陵有色金属集团股份有限公司全体股东: 我们接受委托,依据中国注册会计师审计准则审计了铜陵有色金属集团股份 有限公司（以下简称铜陵有色）2024 年 12 月 31 日的合并及母公司资产负债表， 2024 年度的合并及母公司利润表、合并及母公司现金流量表和合并及母公司所有 者权益变动表以及财务报表附注,并于 2025年 4 月 21 日出具了容诚审字 [2025]230Z0578 号的无保留意见审计报告。 根据中国证券监督管理委员会《上市公司监管指引第 8 号——上市公司资金 往来、对外担保的监管要求》的要求及深圳证券交易所《深圳证券交易所上市公司 自律监管指南第 1 号 -- 业务办理》的规定,铜陵有色管理层编制了后附的铜陵 有色金属集团股份有限公司 2024 年度非经营性资金占用 ...

Financial Performance - The company's operating revenue for 2024 reached ¥145.53 billion, representing a 5.88% increase compared to ¥137.45 billion in 2023[25]. - The net profit attributable to shareholders for 2024 was ¥2.81 billion, a 4.05% increase from ¥2.70 billion in 2023[25]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 43.95% to ¥2.69 billion in 2024 from ¥1.87 billion in 2023[25]. - The total assets at the end of 2024 were ¥80.94 billion, a 3.45% increase from ¥78.25 billion at the end of 2023[25]. - The company's average return on equity for 2024 was 8.54%, slightly down from 8.83% in 2023[25]. - The operating cost for 2024 was approximately ¥135.22 billion, which is a 6.07% increase from ¥127.48 billion in 2023[49]. - Non-trade revenue accounted for 96.63% of total operating revenue in 2024, increasing by 9.58% year-on-year[51]. - The revenue from gold and other by-products increased by 31.17% in 2024, primarily due to a significant rise in gold prices[53]. - The company reported a total revenue of approximately CNY 39.22 billion, with a net profit of CNY 795.21 million for the period[107]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 1.00 RMB per 10 shares (including tax) to all shareholders, with no bonus shares issued[7]. - The company plans to distribute a cash dividend of 0.80 RMB per 10 shares, totaling approximately 1.01 billion RMB, based on a total share capital of 12,667,009,987 shares as of December 31, 2023[173]. - The total cash dividend for the year is expected to be 1.28 billion RMB, representing 45.52% of the net profit attributable to the parent company[178]. - The company has not proposed any stock dividends or capital reserve transfers in its profit distribution plan[173]. Operational Highlights - The company achieved an operating revenue of approximately ¥145.53 billion in 2024, representing a year-on-year increase of 5.88% compared to ¥137.45 billion in 2023[49]. - The production volume included 176.80 thousand tons of cathode copper, 41.58 thousand tons of copper processing materials, and 535.96 thousand tons of sulfuric acid, successfully meeting the annual production targets[49]. - The company invested approximately ¥76.5 million in exploration funds in 2024, resulting in the addition of 60 thousand tons of inferred copper resources[43]. - The company’s cathode copper production capacity exceeds 1.7 million tons annually, making it one of the largest cathode copper producers in China[44]. - The sales volume of cathode copper decreased by 0.64% to 1,757,539 tons, while production increased by 0.67% to 1,768,029 tons[58]. Governance and Compliance - The company has a comprehensive governance structure, including a board of directors and supervisory board[7]. - The company emphasizes the importance of investment risk awareness regarding forward-looking statements in the annual report[7]. - The company maintains independence in personnel, assets, finance, business, and organization from its controlling shareholder[132]. - The company has established an independent finance department for accounting and management, ensuring compliance with accounting standards[133]. - The company has a structured compensation management system for its senior management, ensuring alignment with performance outcomes[158]. Environmental Responsibility - The company has a commitment to social responsibility and environmental considerations as part of its operational strategy[7]. - The company adheres to major environmental protection laws, including the Environmental Protection Law and the Air Pollution Prevention and Control Law, to promote high-quality development[189]. - The company has implemented measures to ensure that all emissions are within the prescribed limits, with no exceedances reported for key pollutants[191]. - The company is committed to establishing a modern environmental governance system to enhance ecological protection efforts[189]. - The company has implemented a new environmental protection chimney system to reduce emissions further, enhancing compliance with environmental standards[195]. Research and Development - The company’s R&D investment reached CNY 4.68 billion, marking a year-on-year increase of 12.38%[123]. - A total of 329 patents were authorized, including 63 invention patents, during the reporting period[123]. - The company is investing 100 million CNY in R&D for new technologies aimed at improving production efficiency[5]. - The number of R&D personnel increased by 2.19% to 2,431 in 2024 from 2,379 in 2023[75]. Market Strategy and Expansion - The company is actively pursuing new strategies for market expansion and product development, particularly in the green technology sector[88]. - The company plans to produce 189.6 thousand tons of cathode copper and 43.05 thousand tons of copper processing materials in 2025[113]. - The company expects domestic demand for copper to remain stable, driven by a GDP growth target of around 5.0% in China for 2025[109]. - The company aims to enhance operational efficiency and cost control in response to declining processing fees for imported copper ore[110]. Leadership and Management Changes - The company received resignation reports from several board members and supervisors due to retirement and job adjustments, including the resignation of Chairman Wang Nongsheng effective May 8, 2024[139]. - The company is undergoing a leadership transition with multiple appointments and resignations, which may impact future strategic initiatives[141]. - The company aims to maintain compliance with legal requirements regarding the minimum number of supervisors following recent resignations[141]. - The company has a focus on enhancing its governance structure through the appointment of qualified individuals to key positions[142].

铜陵有色（000630）公告，2024年营业收入1455.31亿元，同比增长5.88%。归属于上市公司股东的净利 润28.09亿元，同比增长4.05%。公司经本次董事会审议通过的利润分配预案为：以实施权益分派股权登 记日登记的总股本扣减公司回购专用证券账户中的股份为基数，向全体股东每10股派发现金红利1元(含 税)，送红股0股(含税)，不以公积金转增股本。 ...

金融界4月22日消息，A股三大指数收盘涨跌不一，中证中部崛起龙头企业指数 (中部崛起，H30004)报 3118.84点。 数据统计显示，中证中部崛起龙头企业指数近一个月下跌5.23%，近三个月下跌0.87%，年至今下跌 2.17%。 据了解，中证区域龙头企业指数系列选取相应区域各二级行业中规模大、市场占有率高的龙头上市公司 证券作为指数样本，覆盖国内区域经济版图，为关注中国区域经济发展的投资者提供全面参考。该指数 以2004年12月31日为基日，以1000.0点为基点。 从指数持仓来看，中证中部崛起龙头企业指数十大权重分别为：山西汾酒（12.0%）、大秦铁路 （11.52%）、海螺水泥（10.48%）、洛阳钼业（10.02%）、阳光电源（9.99%）、牧原股份 （4.93%）、晶科能源（3.16%）、铜陵有色（2.98%）、华菱钢铁（2.97%）、爱尔眼科（2.74%）。 从中证中部崛起龙头企业指数持仓的市场板块来看，上海证券交易所占比58.40%、深圳证券交易所占 比41.60%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。财务调整因子及权重因子 ...

Investment Rating - The investment rating for the non-ferrous metals industry is "Positive" (maintained) [4] Core Views - Copper prices rebounded after a significant drop, with attention on the ongoing US-China trade dynamics and recession expectations in the US. The weekly performance showed US copper up 3.75%, London copper up 2.97%, and Shanghai copper down 4.6%. The decline in copper prices led to increased downstream activity and accelerated inventory depletion, with copper rod operating rates at 74.76%, up 0.21 percentage points week-on-week. Social inventory of electrolytic copper decreased by 14.80% to 267,200 tons, while Shanghai copper inventory fell by 18.96% to 182,900 tons. Short-term price rebounds may be limited by US recession expectations, with key focus areas being US-China trade developments, US economic and inflation data, and Federal Reserve interest rate expectations. Recommended stocks include Zijin Mining, Luoyang Molybdenum, Jincheng Mining, and Tongling Nonferrous Metals [4] - Aluminum prices fell due to tariff impacts, with signs of weakening demand in the peak season and continued inventory depletion. The alumina market remains oversupplied, with prices dropping 5.12% to 2,870 RMB/ton. The operating capacity of alumina plants decreased by 1.91 million tons to 84.82 million tons/year. Electrolytic aluminum prices fell 3.72% to 19,675 RMB/ton, with profit margins down 15.54% to 3,650 RMB/ton. Overall, the supply side of electrolytic aluminum shows no increase in capacity, leading to a potential shortage this year, which could drive aluminum prices up significantly. Recommended stocks include Hongchuang Holdings, Yun Aluminum, Tianshan Aluminum, Shenhuo Co., and China Aluminum [4] - Lithium prices continued to decline, with carbonate lithium down 3.11% to 71,600 RMB/ton. The supply side remains oversupplied, with inventory increasing by 1.3% to 131,000 tons. Demand growth is hindered by tariff impacts on downstream exports, with expectations for a narrowing of the oversupply throughout the year. Recommended stocks include Yahua Group, Zhongjin Lingnan, Yongxing Materials, and Ganfeng Lithium [4] Summary by Sections 1. Industry Overview - The US March CPI was lower than expected at 2.4%, with initial jobless claims matching expectations at 223,000 [8] 2. Industrial Metals 2.1. Copper - London copper rose 2.97%, while Shanghai copper fell 4.60%. Inventory levels decreased significantly, with Shanghai copper inventory down 18.96% [21][24] 2.2. Aluminum - London aluminum increased by 0.50%, while Shanghai aluminum decreased by 3.72%. The operating profit for aluminum companies fell by 15.54% [33] 2.3. Lead and Zinc - London lead prices fell 0.57%, while Shanghai lead prices decreased by 2.44%. London zinc prices rose 0.34%, but Shanghai zinc prices fell 2.36% [48] 2.4. Tin and Nickel - London tin prices dropped 12.17%, and Shanghai tin prices fell 13.22%. Nickel prices also saw a decline [61] 3. Energy Metals 3.1. Lithium - Lithium carbonate prices fell 3.11% to 71,600 RMB/ton, with continued oversupply in the market [77] 3.2. Cobalt - Overseas MB cobalt prices increased by 0.16% to 15.88 USD/pound, while domestic cobalt prices fell [88]

Group 1 - The company announced the conversion of its convertible bonds "铜陵定02" (bond code: 124024) with a conversion period from March 27, 2024, to September 20, 2029, and a current conversion price of 3.30 CNY per share [1][2] - The company issued a total of 21,460,000 convertible bonds, which were registered on October 23, 2023, with the approval from the China Securities Regulatory Commission [2] - The initial conversion price was set at 3.38 CNY per share, which was adjusted to 3.30 CNY per share due to the company's 2023 annual equity distribution plan [3][4] Group 2 - As of March 31, 2025, the remaining number of convertible bonds "铜陵定02" is 21,419,990, with the remaining amount reflecting the company's capital structure [3][4] - The company has a total share capital of 12,792,920,401 shares, with a cash distribution of 0.792126 CNY per 10 shares to all shareholders [3]