Financial Performance - Total operating revenue for the current period reached ¥298,885,225.91, an increase of 5.4% compared to ¥283,630,089.65 in the previous period[2] - Net profit for the current period was ¥1,495,307.37, a significant decrease of 82.1% from ¥8,376,773.30 in the previous period[5] - The total comprehensive income attributable to the parent company's owners was ¥3,251,264.45, down from ¥17,331,855.58, reflecting an 81.2% decline[8] - Basic earnings per share decreased to ¥0.0030 from ¥0.0155, a drop of 80.6%[8] - Investment income for the current period was ¥1,729,092.04, down from ¥7,017,820.72, indicating a decline of 75.5%[2] - The net profit attributable to shareholders decreased by 80.80% to CNY 3,327,689.51 from CNY 17,327,388.36 year-on-year[24] - The weighted average return on equity decreased to 0.11% from 0.61% in the previous year[24] - Net profit decreased by 82.15% to ¥1,495,307.37 primarily due to losses from price changes in products sold[29] Cash Flow and Liquidity - Cash inflow from operating activities totaled ¥304,801,948.97, compared to ¥233,910,504.46 in the previous period, marking an increase of 30.3%[9] - The net cash flow from operating activities improved significantly to CNY 41,151,919.42, a turnaround from a negative cash flow of CNY -43,674,821.12 in the previous year, marking a 194.22% increase[24] - The company reported a net cash outflow from investing activities of CNY -64,796,351.97, an improvement from CNY -144,565,759.30 in the previous year[24] - The net cash outflow from financing activities was CNY -49,967,962.58, compared to a net inflow of CNY 166,386,484.29 in the same period last year[24] - The company's cash and cash equivalents decreased from RMB 215,185,302.87 to RMB 141,717,429.91, a decline of about 34.2%[38] Assets and Liabilities - The company's total liabilities and equity reached ¥8,755,633,916.85, a slight increase from ¥8,751,749,112.81[1] - The total assets at the end of Q1 2024 were CNY 8,755,633,916.85, a slight increase of 0.04% from CNY 8,751,749,112.81 at the end of the previous year[24] - Total non-current assets increased from RMB 8,292,707,490.38 to RMB 8,359,220,791.42, reflecting a growth of about 0.8%[44] - Total liabilities decreased from RMB 5,471,301,979.85 to RMB 5,450,780,878.58, a decrease of approximately 0.4%[46] - Short-term borrowings increased from RMB 200,056,940.25 to RMB 270,349,699.94, an increase of approximately 35%[46] - The total equity attributable to the owners of the parent company increased from RMB 2,940,938,363.46 to RMB 2,967,162,357.11, an increase of about 0.9%[46] Operational Metrics - The company experienced a credit impairment loss of ¥377,171.30, compared to a gain of ¥1,512,486.05 in the previous period[5] - Cash and cash equivalents decreased by 34.14% to ¥141,717,429.91 due to repayment of bank and finance lease borrowings[29] - Accounts receivable decreased by 45.76% to ¥21,266,781.69 as a result of recovering payments from the beginning of the year[29] - Inventory increased by 62.75% to ¥151,156,096.17 due to an increase in finished goods at the end of the period[29] - Other income increased by 244.45% to ¥1,237,473.98 due to an increase in government subsidies received[29] - The company reported a 109.79% increase in selling expenses to ¥1,983,207.68 mainly due to increased advertising and employee compensation[29] Shareholder Information - The company’s total number of ordinary shareholders at the end of the reporting period was 20,652[33] - The largest shareholder, Gansu Jianxin Industrial Group, holds 41.71% of the shares[33]

Mining Resources and Exploration - The company's subsidiary, Zhongdu Mining, holds a total of 9.956 million tons of ore, including 32,958 tons of zinc, 41,946 tons of lead, 1,544 tons of copper, 16,227 kilograms of gold, and 147 tons of silver[8] - The company invested 88.4541 million yuan in resource exploration, including 39,495 meters of underground drilling and 22,125.43 meters of tunneling[8] - Jinxin Mining holds 50.759 million tons of lithium ore resources, including 675,390 tons of Li2O resources[17] - Mining license: Jinyin Mining received approval to increase its mining scale to 1 million tons per year[134] Operating Costs and Financial Performance - The operating cost of non-ferrous metal product mining and selection was 721,090,285.77 yuan, accounting for 91.61% of the total operating cost, an increase of 4.76% year-on-year[14] - The total operating cost was 787,157,374.35 yuan, with a year-on-year increase of 3.33%, and the internal offset amount decreased by 5.61%[20] - The company's income tax expense increased by 112.97% year-on-year to 31,685,189.68 yuan, mainly due to the recognition of deferred income tax[22] - The net cash flow from operating activities was 580,671,551.52 yuan, a decrease of 18.04% year-on-year[22] - The net cash flow from investing activities was -617,039,553.70 yuan, an increase of 61.35% year-on-year, mainly due to reduced project construction payments[22] - The net cash flow from financing activities was 105,774,266.41 yuan, a decrease of 87.63% year-on-year, mainly due to the repayment of financial assistance and financing lease loans[22] - The net increase in cash and cash equivalents was 69,406,264.23 yuan, an increase of 311.92% year-on-year, mainly due to reduced project construction payments[22] - The company's operating cash flow decreased by 18.04% year-on-year to 580.67 million yuan, while investment cash flow improved significantly, with a 61.35% reduction in net cash outflow to -617.04 million yuan[75] - The company's cash and cash equivalents increased by 311.92% year-on-year, reaching 69.41 million yuan, a significant improvement from the previous year's decrease of 32.75 million yuan[75] - The company's financing cash flow decreased by 87.63% year-on-year to 105.77 million yuan, primarily due to a 444.34% increase in financing cash outflows[75] - The company's total revenue for 2023 was RMB 11,958.425 million, primarily from the sales of lead and zinc ore products[113] - Profit decline: Net profit after deducting non-recurring gains and losses decreased by 66.04% to RMB 65.05 million[122] - The company's weighted return on equity (ROE) decreased to 2.16% from 6.85% year-on-year, a decline of 68.47%[158] - The net profit margin dropped to 2.48% from 10.05%, a significant decrease of 75.32%[160] - The asset-liability ratio increased to 62.52% from 58.40%, up by 7.05%[160] - The company's total asset turnover rate decreased by 39.13% year-on-year[158] - The inventory turnover days increased significantly by 79.36% to 33.81 days[158] - The company's cash ratio improved to 6.88% from 5.69%, an increase of 20.91%[160] Sales and Production Volumes - Domestic sales decreased by 22.70% to 1,195,842,471.08 RMB compared to the previous year[43] - Sales volume of zinc concentrate increased by 2.77% to 53,549.49 metal tons[45] - Production volume of lead concentrate increased by 8.06% to 9,486.54 metal tons[45] - Inventory of silver concentrate surged by 548.62% to 428.09 metal tons[45] - Sales volume of copper concentrate increased by 38.56% to 1,237.65 metal tons[45] - Production volume of sulfur concentrate decreased by 41.61% to 180,134.73 tons[45] - Inventory of sulfuric acid increased by 222.57% to 2,215.36 tons[45] Subsidiaries and Guarantees - The total approved guarantee amount for subsidiaries during the reporting period was RMB 86,900 million, with actual guarantees issued amounting to RMB 76,253.86 million[111] - The actual guarantee balance for subsidiaries at the end of the reporting period was RMB 178,761.5 million, accounting for 61.46% of the company's net assets[99] - The company provided a guarantee of RMB 110,000 million for its subsidiary Guocheng Resources, with an actual guarantee amount of RMB 92,705.19 million by the end of the reporting period[111] - The company's total approved guarantee amount for subsidiaries at the end of the reporting period was RMB 211,095 million[98] - The company's total actual guarantee amount (A4+B4+C4) accounted for 61.46% of its net assets[99] - The company's subsidiary Guocheng Resources received a guarantee of RMB 110,000 million, with an actual guarantee amount of RMB 92,705.19 million by the end of the reporting period[111] - The company's subsidiary Dong Mining received a guarantee of RMB 5,700 million, with an actual guarantee amount of RMB 4,242.11 million[110] - The company's subsidiary Guocheng Jiahua received a guarantee of RMB 3,000 million, with an actual guarantee amount of RMB 3,000 million[110] - The company's subsidiary Sichuan Herong received a guarantee of RMB 1,000 million, with an actual guarantee amount of RMB 100 million[110] - Guarantees: The total approved guarantee amount at the end of the reporting period was RMB 2.14 billion, with an actual guarantee balance of RMB 1.81 billion[121] Internal Controls and Compliance - The company's subsidiaries have obtained pollution discharge permits and manage them dynamically, ensuring compliance with environmental regulations[34] - The company's internal control defects are classified into three categories: major defects (misstatement ≥ 1.5% of total assets or ≥ 5% of total profit), significant defects (1% ≤ misstatement < 1.5% of total assets or 3% ≤ misstatement < 5% of total profit), and general defects (misstatement < 1% of total assets or < 3% of total profit)[32] - The company completed rectification measures related to trade business and improved internal controls[65] - The company's management is responsible for preparing financial statements in accordance with accounting standards and maintaining necessary internal controls to prevent material misstatements[183] Shareholder and Stock Information - The company's largest shareholder, Gansu Jianxin Industrial Group Co., Ltd., has pledged a total of 215,000 million yuan in stock for financing purposes, with repayment due by March 2, 2025[175] - Gansu Jianxin Industrial Group Co., Ltd. also pledged an additional 85,000 million yuan in stock for financing, with repayment due by April 30, 2025[175] - The controlling shareholder, Guocheng Holding Group Co., Ltd., pledged 250,000 million yuan in stock for a tender offer, with repayment due by April 23, 2025[175] - The company's largest shareholder holds 41.71% of the total shares, amounting to 466,139,241 shares, all of which are pledged[188] - The controlling shareholder holds 28.47% of the total shares, amounting to 318,160,511 shares, with 318,046,900 shares pledged[188] - During the reporting period, the company converted 51,036 shares from convertible bonds, which had a minimal impact on key financial indicators such as basic and diluted earnings per share[184] - The actual controller, Wu Cheng, holds no other controlling stakes in domestic or foreign listed companies over the past 10 years[194] - The company's top 10 shareholders did not engage in any repurchase agreements during the reporting period[192] - The company's largest shareholder and controlling shareholder are under the same actual control, with no known relationships or concerted actions among other shareholders[190] - The controlling shareholder or the largest shareholder and their concerted parties have pledged 80% of their shares[196] Financial Ratios and Credit Ratings - Financial ratios: The current ratio increased by 6.54% to 0.1467, while the debt-to-asset ratio rose by 4.12% to 62.52%[122] - Interest coverage: The interest coverage ratio dropped by 44.49% to 7.35 times[122] - The company's credit rating remained stable at AA, with no changes in the credit rating of its convertible bonds, as confirmed by United Credit Rating Co., Ltd.[94] Investments and Projects - The company invested 3.357 billion yuan in the construction of a lithium salt project with an annual capacity of 200,000 tons[161] - The company established four new subsidiaries in 2023, including Guocheng Lithium with a registered capital of 1 billion yuan and Guocheng Mining (Hong Kong) with a registered capital of 100,000 HKD[80] Convertible Bonds and Share Information - Convertible bonds: During the reporting period, 51,036 shares were converted from the company's convertible bonds[137] - The total number of shares increased by 51,036 due to the conversion of convertible bonds, reaching 1,117,698,861 shares[163] - The total number of ordinary shareholders at the end of the reporting period was 21,398, an increase from 20,652 at the end of the previous month[167] - The top 10 convertible bond holders include China Bank and China Construction Bank, holding 3.13% and 2.60% respectively[152] Audit and Financial Reporting - The company paid 2.03 million RMB in audit fees, including 1.35 million RMB for financial report auditing and 680,000 RMB for internal control auditing[64] - Audit opinion: The company received a standard unqualified audit opinion from Tianjian Certified Public Accountants[125] - The company's annual report is disclosed on the website http://www.cninfo.com.cn and is also available at the company's office in Beijing[35] Goodwill and Impairment - Goodwill impairment: The company's goodwill book value as of December 31, 2023, was RMB 194.23 million, with an impairment provision of RMB 1.15 million, resulting in a net book value of RMB 194.23 million[118] Related Party Transactions - The company renewed its equity trusteeship agreement with related party Guocheng Group, managing six companies for an annual fee of 2 million yuan, effective from April 1, 2023, to March 31, 2024[68] - The company's procurement of non-ferrous metal products from related party Bohai Mining accounted for 29.67% of similar transactions, with a total approved transaction amount of 300 million yuan[66] Share-Based Payments - The company confirmed share-based payment expenses of 44,502,023.90 RMB for employee stock ownership plans[49] Debt and Financing - The company did not issue any non-financial corporate debt financing instruments during the reporting period[200] Customer and Supplier Information - The company's top five customers accounted for a total sales amount of 871,159,513.43 yuan, representing 72.85% of the annual sales total[41] - The company's top five suppliers accounted for 34.57% of total annual procurement, with the largest supplier, Beijing Jielang Consulting Services Co., Ltd., contributing 13.11% of total procurement[72] Business Focus and Changes - The company's main business has undergone multiple changes since its listing, with the latest change in October 2020 focusing on mining and metal-related activities[36]

国城矿业股份有限公司 关于召开2023年年度股东大会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述 或重大遗漏。 证券代码：000688 证券简称：国城矿业 公告编号：2024-033 通过深圳证券交易所交易系统进行网络投票的具体时间为2024年5月31日的交 易时间，即9:15-9:25，9:30-11:30和13:00-15:00。 通过深圳证券交易所互联网投票系统（http://wltp.cninfo.com.cn）投票的具体时 间为2024年5月31日9:15-15:00。 5、会议的召开方式：本次会议采用现场表决与网络投票相结合的方式召开。 国城矿业股份有限公司（以下简称"公司"）定于2024年5月31日（星期五） 14:30召开2023年年度股东大会，本次会议采取现场表决与网络投票相结合的方式 召开，现将有关事项通知如下： 一、召开会议的基本情况 1、会议届次：2023年年度股东大会 2、会议召集人：董事会 3、会议召开的合法、合规性：本次年度股东大会会议的召开符合有关法律、 行政法规、部门规章、规范性文件和《公司章程》的有关规定。 4、会议召开的日期、 ...

证券代码：000688 证券简称：国城矿业 公告编号：2024-031 国城矿业股份有限公司 关于会计政策变更的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 国城矿业股份有限公司（以下简称"公司"或"国城矿业"）根据中华人民共和 国财政部（以下简称"财政部"）颁布的《关于印发<企业会计准则解释第 16 号> 的通知》（财会〔2022〕31 号），以下简称"《准则解释第 16 号》"）的要求 变更会计政策。公司于 2024 年 4 月 25 日分别召开第十二届董事会第十六次会 议、第十一届监事会第九次会议，审议通过了《关于会计政策变更的议案》，本 次会计政策变更事项无需提交公司股东大会审议，不会对公司的财务状况、经营 成果和现金流量产生重大不利影响，也不存在损害公司及股东利益的情况。现将 具体情况公告如下： （二）变更前公司采用的会计政策 本次会计政策变更前，公司执行财政部发布的《企业会计准则—基本准则》 和各项具体会计准则、企业会计准则应用指南、企业会计准则解释公告以及其他 相关规定。 （三）变更后公司采用的会计政策 本次会计政策变更后，公司将按照财政 ...

一、2023年度总体工作情况 国城矿业股份有限公司 独立董事2023年度述职报告（刘云） 各位股东及股东代表： 2023年，本人作为国城矿业股份有限公司（以下简称"公司"）独立董事，严 格按照《中华人民共和国公司法》《上市公司独立董事管理办法》《上市公司治 理准则》《深圳证券交易所上市公司自律监管指引第1号——主板上市公司规范 运作》等法律法规以及《公司章程》《独立董事工作制度》等有关规定认真履行 职责，充分发挥独立董事的独立作用，切实维护全体股东尤其是中小股东的合法 权益。现将本人2023年度履职情况作如下报告： 报告期内，本着对全体股东高度负责的原则，本人严格依照有关法律法规独 立客观履行职责，确保公司规范化运作，对公司发展提供建设性的建议和思路， 并对公司董事会审议的重大事项发表了意见。本人在履职过程中未受公司股东、 实际控制人或其他与公司存在利害关系的组织和个人影响的情况，有效维护了公 司及广大中小股东的合法权益。 二、独立董事年度履职概况 （一）报告期内出席公司董事会及股东大会情况 | | | | | 出席董事会情况 | | | | 出席股东大会情况 | | | --- | --- | --- | ...

国城矿业股份有限公司 独立董事提名人声明与承诺 提名人国城矿业股份有限公司董事会现就提名周城雄 国城矿业股份有限公司 12届董事会独立董事候选人发表公 一、被提名人已经通过国城矿业股份有限公司股份有限公司第12届董事会提名委员会或者独立董事专门会议资格审查 证券代码: 000688 证券简称: 国城矿业 开声明。被提名人已书面同意出任国城矿业股份有限公司 12届董事会独立董事候选人（参见该独立董事候选人声明 ）。本次提名是在充分了解被提名人职业、学历、职称、详细的工作经历、全部兼职、有无重大失信等不良记录等情况 后作出的，本提名人认为被提名人符合相关法律、行政法规、部门规章、规范性文件和深圳证券交易所业务规则对独立 董事候选人任职资格及独立性的要求，具体声明并承诺如下事项： √ 是 □ 否 ，提名人与被提名人不存在利害关系或者其他可能影响独立履职情形的密切关系。 √ 是 □ 否 二、被提名人不存在《中华人民共和国公司法》第一百四十六条等规定不得担任公司董事的情形。 √ 是 □ 否 三、被提名人符合中国证监会《上市公司独立董事管理办法》和深圳证券交易所业务规则规定的独立董事任职资格和条 件。 √ 是 □ 否 四 ...

目 录 | | | | | | 内部控制审计报告 天健审〔2024〕8-201 号 国城矿业股份有限公司全体股东： 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求，我 们审计了国城矿业股份有限公司（以下简称国城矿业公司）2023 年 12 月 21 日 的财务报告内部控制的有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》《企业内部控制应用指引》以及《企业内部 控制评价指引》的规定，建立健全和有效实施内部控制，并评价其有效性是国城 矿业公司董事会的责任。 二、注册会计师的责任 我们的责任是在实施审计工作的基础上，对财务报告内部控制的有效性发表 审计意见，并对注意到的非财务报告内部控制的重大缺陷进行披露。 三、内部控制的固有局限性 内部控制具有固有局限性，存在不能防止和发现错报的可能性。此外，由于 情况的变化可能导致内部控制变得不恰当，或对控制政策和程序遵循的程度降低， 根据内部控制审计结果推测未来内部控制的有效性具有一定风险。 中国·杭州 中国注册会计师： 二〇二四年四月二十五日 第 2 页 共 7 页 仅为国城矿业股份有限公司 2023 年度内部控制审计报告后附之目的而提供 文 ...

国城矿业股份有限公司 证券代码：000688 证券简称：国城矿业 公告编号：2024-027 关于2023年度利润分配预案的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 国城矿业股份有限公司（以下简称"公司"）于 2024 年 4 月 25 日分别召开 第十二届董事会第十六次会议、第十一届监事会第九次会议，审议通过了《关 于 2023 年度利润分配预案的议案》，本议案尚需提交公司 2023 年年度股东大 会审议。现将相关事项公告如下： 一、利润分配预案基本情况 经天健会计师事务所（特殊普通合伙）审计，公司 2023 年度母公司实现净 利润 29,148,734.59 元，提取法定盈余公积金 2,914,873.46 元，加上年初未分配 利润 1,431,330,080.66 元，减去 2023 年度利润分配的 39,117,664.01 元，2023 年 度母公司累计可供股东分配利润 1,418,446,277.78 元；公司 2023 年度合并报表 实现归母净利润 62,714,397.11 元，提取法定盈余公积金 2,914,873.46 元，加上 ...

证券代码：000688 证券简称：国城矿业 公告编号：2024-029 国城矿业股份有限公司 关于独立董事辞职暨补选独立董事的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、独立董事连续任职期限届满辞职情况 国城矿业股份有限公司（以下简称"公司"）董事会于近日收到独立董事刘 云先生提交的书面辞职报告。刘云先生因在公司任期即将届满六年，申请辞去公 司第十二届董事会独立董事、董事会审计委员会主任委员、董事会提名委员会委 员、董事会薪酬与考核委员职务。辞职后刘云先生将不再担任公司任何职务。 根据《公司法》《上市公司独立董事管理办法》《深圳证券交易所股票上市 规则》《自律监管指引第1号——主板上市公司规范运作》及《公司章程》等相 关规定，刘云先生辞职将导致公司独立董事人数少于董事会成员的三分之一且独 立董事中欠缺会计专业人士，因此辞职申请将在公司股东大会选举产生新任独立 董事后生效。在此之前，刘云先生仍将继续履行其作为独立董事及各董事会专门 委员会的相关职责。 截至本公告披露日，刘云先生未直接或间接持有公司股份，不存在应当履行 而未履行的承诺事项，其在担任公 ...

经核查，独立董事刘云先生、唐学锋先生、冀志斌先生、王志强先生的任职 经历以及签署的相关自查文件，上述人员未在公司担任除独立董事以外的任何职 务，也未在公司主要股东公司担任任何职务，与公司以及实际控制人、主要股东 之间不存在直接或间接利害关系，或其他可能妨碍其进行独立客观判断的关系。 因此，公司独立董事的独立性情况符合《上市公司独立董事管理办法》《深圳证 券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等法律法规 中对独立董事独立性的相关要求。 国城矿业股份有限公司董事会 2024 年 4 月 26 日 国城矿业股份有限公司 董事会关于独立董事独立性自查情况的专项意见 根据《上市公司独立董事管理办法》《深圳证券交易所股票上市规则》《深圳 证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等要求， 国城矿业股份有限公司（以下简称"公司"）董事会，就公司 2023 年度独立董事 刘云先生、唐学锋先生、冀志斌先生、王志强先生的独立性情况进行评估并出具 如下专项意见： ...