Financial Performance - The company's operating revenue for the third quarter reached ¥299,298,181.64, representing a year-on-year increase of 20.79%[4] - Net profit attributable to shareholders was ¥32,075,711.17, a decrease of 4.03% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥39,615,495.73, an increase of 11.62% year-on-year[4] - The company reported total operating revenue of ¥1,159,302,585.77 for the current period, up from ¥772,261,624.52 in the previous period, marking an increase of about 50.2%[19] - Net profit for the current period was ¥122,639,246.63, down from ¥149,847,127.42 in the previous period, indicating a decline of about 18%[38] - The total profit for the current period was ¥168,682,832.89, down from ¥187,438,562.74 in the previous period, a decrease of approximately 10%[34] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥6,299,903,491.67, reflecting a growth of 15.21% from the end of the previous year[4] - The company's total liabilities amounted to ¥3,178,381,671.14 as of September 30, 2022, compared to ¥2,468,317,813.20 at the beginning of the year, indicating a rise of about 28.7%[19] - The company's total liabilities increased significantly, with short-term borrowings rising by 201.82% to ¥59,816,905.00[11] - Short-term borrowings rose significantly to ¥59,816,905.00 from ¥19,818,783.33, which is an increase of approximately 201.5%[18] - The company's long-term borrowings surged to ¥716,190,688.18 from ¥170,261,111.11, reflecting a significant increase of about 320.5%[19] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥461,052,560.18, showing an increase of 63.88%[12] - The company reported a net cash flow from operating activities of ¥461,052,560.18, up from ¥281,333,911.23 in the previous period, marking an increase of about 64%[41] - The net cash inflow from investment activities was $44,337,500.00, compared to $373,174.80 in the previous period, indicating a significant increase[44]. - The net cash flow from financing activities was $451,232,658.93, a substantial increase from $141,685,739.88 in the previous period[44]. - The company reported a net cash outflow from investment activities of -$833,645,655.28, an improvement from -$995,754,480.42 in the previous period[44]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,824[59]. - The largest shareholder, Gansu Jianxin Industrial Group, held a 40.99% stake, amounting to 466,139,241 shares[59]. Expenses and Income - The company incurred tax expenses of ¥46,043,586.26, compared to ¥37,591,435.32 in the previous period, which is an increase of approximately 22%[34] - The company’s management expenses rose to ¥173,257,423.13 from ¥104,609,582.86 in the previous period, an increase of approximately 65%[34] - The investment income for the current period was ¥8,587,652.24, up from ¥4,409,440.97 in the previous period, indicating an increase of about 95%[34] - The company incurred a loss from other operating income and expenses of -$10,018,920.51 during the reporting period[51]. Dividend Policy - The company has maintained a stable dividend policy, with payable dividends remaining consistent at ¥19,285,710.00[19] Inventory and Assets - Inventory levels increased to ¥67,828,074.84 from ¥52,240,663.14, representing a growth of about 29.8%[17] - Non-current assets totaled ¥5,816,116,642.67 as of September 30, 2022, compared to ¥5,059,929,859.70 at the start of the year, indicating an increase of approximately 14.9%[18] - Cash and cash equivalents increased by ¥78,639,563.83, a 113.73% rise compared to the previous year[12] - The cash outflow for the acquisition of fixed assets, intangible assets, and other long-term assets was $834,628,155.28, up from $467,297,655.22 in the previous period[44]. Audit Status - The company has not undergone an audit for the third quarter report[45].

Financial Performance - The company's operating revenue for Q1 2023 was ¥283,630,089.65, a decrease of 17.88% compared to ¥345,365,956.54 in the same period last year[18] - Net profit attributable to shareholders was ¥17,327,388.36, down 59.55% from ¥42,841,727.20 year-on-year[18] - The net cash flow from operating activities was -¥43,674,821.12, representing a decline of 142.23% compared to ¥103,432,305.60 in the previous year[13] - The weighted average return on net assets was 0.61%, down from 1.64% in the same period last year[18] - The basic earnings per share decreased by 60.36% to ¥0.0155 from ¥0.0391 year-on-year[18] - Net profit attributable to the parent company was ¥17,327,388.36, down from ¥42,841,727.20, representing a decrease of 59.62%[33] - Basic earnings per share decreased to ¥0.0155 from ¥0.0391, a decline of 60.49%[33] - Net profit fell by 72.59% to ¥8,376,773.30 from ¥30,555,691.15, largely due to the amortization of employee stock ownership plan expenses[42] Cash and Assets - The total assets at the end of the reporting period were ¥7,884,238,073.87, an increase of 1.64% from ¥7,756,942,510.86 at the end of the previous year[18] - Cash and cash equivalents at the end of the period were ¥123,919,307.99, down from ¥145,773,404.12, a decrease of 14.97%[37] - The company reported a net increase in cash and cash equivalents of -¥21,854,096.13, an improvement of 75.94% compared to -¥90,823,056.50 in the previous year[13] - Total assets increased to ¥7,884,238,073.87 from ¥7,756,942,510.86, reflecting a growth of 1.64%[29] - The total equity of the company is CNY 3,280,920,501.10, compared to CNY 3,226,824,061.56 in the previous period, reflecting a positive trend[61] Liabilities - Total liabilities decreased to ¥3,313,179,000.00 from ¥3,394,000,000.00, a reduction of 2.39%[29] - Short-term borrowings increased to ¥202,746,626.47 from ¥120,028,750.00, reflecting a rise of 68.92% primarily due to increased bank loans[22] - Total liabilities amount to CNY 4,603,317,572.77, showing an increase from CNY 4,530,118,449.30 in the previous period[61] - Non-current liabilities total CNY 2,069,918,910.27, compared to CNY 1,967,953,015.91 in the previous period, indicating growth[61] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,016[13] - The total equity attributable to shareholders of the parent company is CNY 2,917,175,922.07, up from CNY 2,854,128,867.47 in the previous period[61] - The company's undistributed profits stand at CNY 1,128,879,062.20, an increase from CNY 1,111,551,673.84 in the previous period[61] Expenses and Income - Sales expenses decreased by 40.20% to ¥945,325.21 from ¥1,580,801.43 due to the reclassification of shipping costs to operating costs[41] - Management expenses increased by 55.23% to ¥95,111,697.61 from ¥61,269,767.30 primarily due to the amortization of employee stock ownership plan expenses[41] - Investment income surged by 273.85% to ¥7,017,820.72 from ¥1,877,165.78, mainly from the recognition of investment income from Jinxin Mining[41] - Credit impairment losses increased significantly by 820.01% to -¥1,512,486.05 from ¥210,065.69, attributed to increased credit impairment losses on other receivables[41] - Asset impairment losses rose by 169.92% to ¥224,162.67 from ¥83,048.03, primarily due to goodwill impairment losses[41] - Other expenses increased by 36.28% to ¥751,500.00 from ¥551,432.60, mainly due to increased employee compensation[41] Other Financial Metrics - The company received government subsidies amounting to ¥300,435.83 during the reporting period[18] - The company reported a net profit from non-recurring gains and losses of ¥4,426,937.96[18] - The company recorded asset disposal gains of ¥4,637,641.29, resulting from land disposals related to local railway construction[41] - The company reported a current period expected liability of CNY 73,857,380.33, compared to CNY 73,042,109.79 in the previous period[61]

国城矿业股份有限公司 关于举办2022年度业绩说明会的公告 本公司及监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2023年4月25日披露了《2022 年年度报告》，为使广大投资者进一步详细了解公司生产、经营、财务等情况， 公司定于2023年5月12日（星期五）15:00-16:00在全景网举办2022年度业绩说明 会。本次年度业绩说明会将采用网络远程的方式举行，投资者可登陆全景网"投 资者关系互动平台"（http://ir.p5w.net）参与本次年度业绩说明会。 证券代码：000688 证券简称：国城矿业 公告编号：2023-039 国城矿业股份有限公司董事会 2023 年 4 月 24 日 （问题征集专题页面二维码） 特此公告。 出席本次说明会的人员有：公司董事长、总经理吴城先生，副董事长熊为民 先生，独立董事刘云先生，副总经理刘新盘先生，财务总监郭巍女士，董事会秘 书魏峰先生。（如遇特殊情况，出席人员可能进行调整。） 为充分尊重投资者意愿，提升会议交流的有效性，广泛听取投资者的意见和 建议，现就公司2022年度业绩说 ...

Revenue and Profit - Revenue for Q3 2022 reached ¥432,510,908.91, an increase of 74.56% compared to the same period last year[7] - Net profit attributable to shareholders was ¥32,075,711.17, a decrease of 4.03% year-on-year[7] - Net profit excluding non-recurring items was ¥39,615,495.73, up 11.62% from the previous year[7] - The company reported a 90.15% increase in revenue for the first nine months of 2022, totaling ¥1,468,419,469.36[12] - Total operating revenue for Q3 2022 reached ¥1,468,419,469.36, a significant increase from ¥772,261,624.52 in the same period last year, representing an increase of approximately 90%[30] - Net profit for Q3 2022 was ¥122,639,246.63, down from ¥149,847,127.42 in the same quarter last year, reflecting a decrease of approximately 18%[37] - The net profit attributable to shareholders of the parent company was ¥158,729,977.70, slightly up from ¥154,612,779.98 year-on-year, showing an increase of about 3%[37] - The total comprehensive income for Q3 2022 was ¥120,940,882.80, down from ¥151,238,150.18 in the same quarter last year, reflecting a decrease of about 20%[37] Assets and Liabilities - Total assets increased by 15.21% to ¥6,299,903,491.67 compared to the end of the previous year[7] - Total liabilities increased significantly, with short-term borrowings rising by 201.82% to ¥59,816,905.00[12] - Total liabilities increased to ¥1,254,655,636.40 from ¥1,113,721,933.85 year-to-date[27] - Long-term borrowings rose significantly to ¥716,190,688.18 from ¥170,261,111.11 at the beginning of the year[27] - Total liabilities increased to ¥3,178,381,671.14 as of September 30, 2022, compared to ¥2,468,317,813.20 at the beginning of the year, marking an increase of approximately 29%[30] - Total equity attributable to shareholders of the parent company rose to ¥2,754,990,062.97 from ¥2,597,170,726.15, an increase of about 6%[30] Cash Flow - Cash flow from operating activities for the year-to-date was ¥461,052,560.18, a 63.88% increase[14] - Operating cash inflow for the current period reached ¥1,809,065,200.49, a significant increase from ¥942,074,722.55 in the previous period, reflecting a growth of approximately 92%[41] - The company reported a net increase in cash and cash equivalents of ¥78,639,563.83, contrasting with a significant decrease of ¥572,805,590.79 in the previous period[44] - Cash inflow from financing activities amounted to ¥560,555,824.26, up from ¥160,000,000.00 in the previous period, representing a growth of 250%[44] - The net cash flow from financing activities was ¥451,232,658.93, compared to ¥141,685,739.88 in the previous period, showing an increase of approximately 218%[44] - The company’s cash flow from operating activities netted ¥461,052,560.18, an increase from ¥281,333,911.23 in the previous period, representing a growth of about 64%[41] Shareholder Information - Total number of common shareholders at the end of the reporting period is 17,824, with the top 10 shareholders holding significant stakes[16] - Gansu Jianxin Industrial Group holds 40.99% of shares, while Guocheng Holdings Group holds 27.97%[16] Inventory and Receivables - Accounts receivable decreased to ¥29,068,825.25 from ¥48,724,204.22 year-to-date[21] - Inventory increased to ¥67,828,074.84 from ¥52,240,663.14 year-to-date[24] - The company reported a significant increase in prepayments to ¥30,912,136.16 from ¥13,209,921.28 year-to-date[24] Investment Activities - Investment income for the quarter was ¥8,587,652.24, a 94.76% increase year-on-year[14] - Cash received from other investment activities was ¥44,337,500.00, compared to ¥373,174.80 in the previous period, indicating a substantial increase[44] - Cash paid for the acquisition of fixed assets and other long-term assets was ¥834,628,155.28, up from ¥467,297,655.22 in the previous period, reflecting a growth of approximately 78%[44] - Cash paid for other investment activities was ¥43,355,000.00, significantly lower than ¥350,000,000.00 in the previous period, indicating a reduction in outflows[44]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 1,035,908,560.45, representing a 97.51% increase compared to CNY 524,485,654.26 in the same period last year[30]. - The net profit attributable to shareholders of the listed company was CNY 126,654,266.53, a 4.51% increase from CNY 121,190,792.66 year-on-year[30]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 126,503,098.18, up 14.97% from CNY 110,028,468.62 in the previous year[30]. - The net cash flow from operating activities was CNY 298,868,411.20, reflecting a 20.40% increase compared to CNY 248,228,574.05 in the same period last year[30]. - The total assets at the end of the reporting period were CNY 5,834,994,216.31, a 6.71% increase from CNY 5,468,111,027.98 at the end of the previous year[30]. - The net assets attributable to shareholders of the listed company were CNY 2,723,553,775.57, which is a 4.87% increase from CNY 2,597,170,726.15 at the end of the previous year[30]. - Basic earnings per share for the reporting period were CNY 0.1156, up 4.52% from CNY 0.1106 in the same period last year[30]. - Diluted earnings per share were CNY 0.1145, reflecting a 3.53% increase from CNY 0.1106 year-on-year[30]. - The weighted average return on net assets was 4.76%, a slight decrease of 0.12% from 4.88% in the previous year[30]. Operational Highlights - The company operates in a robust industry with China's non-ferrous metal output exceeding 60 million tons, with significant global market shares in zinc, lead, and copper[37]. - The company’s main business includes non-ferrous metal mining and industrial sulfuric acid production, with performance heavily reliant on product sales volume and market prices[39]. - The company aims to enhance resource utilization efficiency and promote green mining practices in line with national development goals[38]. - The company’s sales strategy includes a direct sales model, ensuring over 70% of sulfuric acid sales are secured with stable customers[47]. - The company is focused on expanding its market presence in emerging industries such as new energy and materials, which are expected to drive future growth[38]. - The company’s operational model includes planned procurement and production strategies to optimize costs and maintain stable operations[47]. Investment and Projects - The company is developing a comprehensive utilization project for sulfur-titanium iron resources with an annual production capacity of 200,000 tons of titanium dioxide, which is expected to enhance profitability[51]. - The cumulative actual investment amount for the "National City Resources Sulfur-Titanium Resource Comprehensive Utilization Project" reached RMB 1,068,157,840.41, with a current investment of RMB 297,469,537.21 during the reporting period[73]. - The "Dongkuang Lead-Zinc Sulfur New Mining Plant" project has achieved 90.60% completion, with a total investment of RMB 721,763,543.38[73]. - The company committed a total investment of ¥83,711.79 million for the titanium iron resource recycling project, with an adjusted total investment of the same amount[82]. - During the reporting period, the company invested ¥11,876.16 million in the project, bringing the cumulative investment to ¥81,238.64 million, achieving an investment progress of 97.05%[82]. Environmental and Safety Measures - The company has established a complete safety responsibility system and improved safety management protocols to mitigate production safety risks, emphasizing the importance of ongoing safety checks[95]. - The company plans to strengthen environmental protection investments to comply with increasingly stringent national environmental regulations, which may impact operational costs[94]. - The company has implemented effective pollution control measures, achieving dust collection efficiency of 95% and desulfurization efficiency of 68%[121]. - The company has signed contracts for the regular transportation and disposal of domestic waste, ensuring compliance with environmental standards[124]. - The company has made significant investments in environmental protection technologies, including the installation of online monitoring systems for wastewater[128]. Corporate Governance and Compliance - The company has established a decision-making and operational structure that ensures compliance with various regulations, enhancing transparency and protecting shareholder rights[148]. - The company has committed to avoiding conflicts of interest and ensuring fair treatment of all shareholders in its operations and transactions[155]. - The company has revised its governance documents to align with legal requirements, ensuring effective corporate governance and shareholder protection[146]. - The company has not engaged in any major related party transactions during the reporting period[171]. - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties during the reporting period[169]. Market Risks and Strategic Initiatives - The company reported a significant market risk due to the cyclical nature of the non-ferrous metal industry, which could adversely affect its operating performance[91]. - The company is actively seeking external quality mining acquisition opportunities to mitigate operational risks associated with its main production site[92]. - The company is committed to timely information disclosure regarding the acquisition and related transactions[195]. - The major asset purchase and related transactions have been a focus of the company's board meetings and strategic planning since late 2020[194]. - The company has faced delays in the acquisition process due to external factors, including the pandemic[195].

Financial Performance - The company's operating revenue for Q1 2022 was ¥449,852,369.37, representing a 106.63% increase compared to ¥217,706,983.44 in the same period last year[5] - The net profit attributable to shareholders was ¥42,841,727.20, a decrease of 13.64% from ¥49,607,713.34 year-on-year[5] - The net cash flow from operating activities was ¥103,432,305.60, down 38.07% from ¥167,013,958.73 in the previous year[5] - Operating costs for Q1 2022 were ¥406,330,454.95, compared to ¥158,990,846.95 in Q1 2021, indicating an increase of about 155.5%[32] - Net profit for Q1 2022 was ¥30,555,691.15, down from ¥49,607,713.34 in Q1 2021, reflecting a decrease of approximately 38.5%[35] - Basic earnings per share for Q1 2022 were ¥0.0391, a decrease from ¥0.0453 in the same period last year, representing a decline of about 13.8%[38] - Tax expenses for Q1 2022 amounted to ¥14,908,500.38, up from ¥11,114,055.34 in Q1 2021, reflecting an increase of about 34.0%[35] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,517,342,073.66, an increase of 0.90% from ¥5,468,111,027.98 at the end of the previous year[5] - The company's current assets decreased to CNY 333,892,809.02 from CNY 408,181,168.28 at the beginning of the year, reflecting a decline of approximately 18.2%[25] - Cash and cash equivalents decreased significantly from CNY 178,524,581.47 to CNY 87,703,819.86, a drop of about 50.0%[22] - Accounts receivable decreased from CNY 48,724,204.22 to CNY 5,752,862.26, representing a decline of approximately 88.2%[22] - The company's total liabilities increased to CNY 2,487,131,597.68 from CNY 2,468,317,813.20, indicating a rise of about 0.8%[28] - The long-term borrowings increased from CNY 170,261,111.11 to CNY 235,121,699.75, reflecting an increase of approximately 38.2%[28] - The total non-current assets rose to CNY 5,183,449,264.64 from CNY 5,059,929,859.70, an increase of approximately 2.4%[25] - The company's contract liabilities increased from CNY 89,855,715.42 to CNY 109,112,893.12, representing a growth of about 21.4%[28] Cash Flow - The cash flow from financing activities increased by 320.22% to ¥40,699,504.52, mainly due to project construction loans received during the period[12] - Cash inflow from operating activities totaled $566,677,088.51, compared to $346,004,343.74 previously[45] - Cash outflow from operating activities was $463,244,782.91, significantly higher than $178,990,385.01 in the prior period[45] - The net cash flow from investing activities was -$234,954,866.62, improving from -$465,920,332.53 previously[45] - Cash inflow from financing activities was $73,437,151.75, up from $10,000,000.00 previously[45] - The ending balance of cash and cash equivalents was $87,700,782.57, down from $545,001,230.19 previously[45] Other Financial Metrics - The weighted average return on equity decreased to 1.64% from 2.03% in the previous year[5] - The company received government subsidies amounting to ¥178,631.71 during the reporting period[7] - The company reported a decrease in other comprehensive income after tax, which was -¥396,605.26 in Q1 2022 compared to -¥2,146,288.57 in Q1 2021[36] - The total equity attributable to shareholders of the parent company increased to ¥2,639,874,023.41 from ¥2,597,170,726.15 at the beginning of the year, showing a growth of about 1.6%[31] Strategic Developments - The company plans to acquire 100% equity of Inner Mongolia Guocheng Industrial Co., Ltd. through cash payments, as approved in the board meeting on April 24, 2022[21] - The company reported a significant increase in prepayments, which rose by 179.66% to ¥36,942,562.10, attributed to prepayments for trade business[8] - The financial expenses surged by 1919.84% to ¥9,552,381.18, mainly due to increased borrowing interest and the consolidation of Yubang Mining[12] - The company experienced a 38.41% decline in net profit, primarily due to losses from the consolidated Yubang Mining, which was under suspension[12]

Financial Performance - The company reported a standard unqualified audit opinion for the 2021 financial report from Tianjian Accounting Firm[4]. - The company's operating revenue for 2021 was ¥1,709,469,529.19, representing an increase of 88.36% compared to 2020[28]. - The net profit attributable to shareholders for 2021 was ¥907,574,758.05, up 41.03% from the previous year[28]. - The net profit after deducting non-recurring gains and losses was ¥213,780,122.57, reflecting a 91.09% increase year-over-year[28]. - The net cash flow from operating activities reached ¥404,217,276.53, a 53.53% increase compared to 2020[28]. - The total assets at the end of 2021 amounted to ¥5,468,111,027.98, a growth of 53.25% from the end of 2020[28]. - The net assets attributable to shareholders were ¥2,597,170,726.15, which is a 7.41% increase from the previous year[28]. - The basic earnings per share for 2021 was ¥0.1894, an increase of 41.03% compared to 2020[28]. - The diluted earnings per share for 2021 was ¥0.1865, reflecting a 38.87% increase year-over-year[28]. - The weighted average return on equity for 2021 was 8.30%, up from 6.49% in 2020[28]. - The company reported a significant increase in cash flow from operations, indicating improved operational efficiency and profitability[28]. Business Operations - The company’s main business has changed since its listing in 1997, initially focusing on wall and floor tiles and later shifting to software development and e-commerce[20]. - The company’s main business remains unchanged, focusing on non-ferrous metal mining, with major products including zinc concentrate, lead concentrate, and industrial sulfuric acid[41]. - The company completed the acquisition of a 65% stake in Yubang Mining, which holds the largest silver mine in China by registered reserves, ranking first in Asia and seventh globally[37]. - The company is actively seeking overseas mineral resource acquisitions to accelerate its internationalization process[36]. - The company aims to enhance its sustainable development capabilities through the injection of high-quality assets from its controlling shareholder, Guocheng Industrial[37]. - The company’s industrial sulfuric acid is widely used across various sectors, including fertilizers, metallurgy, and pharmaceuticals[44]. Production and Sales - In 2021, the company produced 4.59 thousand tons of zinc concentrate, accounting for 1.11% of the national output of 4.136 million tons[40]. - The company’s lead concentrate production was 0.65 thousand tons, representing 0.33% of the national output of 196.4 million tons[40]. - The company’s silver production totaled 32 tons, accounting for 0.28% of the national output of 11,633 tons[40]. - The revenue from the non-ferrous metal mining sector was ¥1,000,699,022.94, accounting for 58.54% of total revenue, with a year-on-year growth of 23.48%[70]. - The trade business revenue skyrocketed by 9701.56% to ¥591,021,929.99, reflecting a significant expansion in this segment[70]. - The sales volume of non-ferrous metal mining reached 696,455.83 tons in 2021, a year-on-year increase of 13.37% compared to 614,315.10 tons in 2020[77]. - The production volume of sulfur and its derivatives increased to 271,780.00 tons in 2021, up 2.69% from 264,668.00 tons in 2020[77]. - The sales volume of sulfur iron powder increased by 22.00% to 311,350.04 tons in 2021 compared to 255,200.39 tons in 2020[77]. Financial Management - The total operating costs amounted to 1,177,858,457.06 CNY in 2021, reflecting a 112.64% increase compared to 553,932,971.72 CNY in 2020[80]. - The main business cost for non-ferrous metal mining was 542,811,370.05 CNY, accounting for 46.08% of total operating costs in 2021[80]. - The company reported a non-operating loss of approximately 6.24 million yuan in 2021, compared to a gain of 35.28 million yuan in 2020[32]. - The company reported a financial expense increase of 738.48% year-on-year to ¥25,577,425.49, mainly due to increased financial costs from the acquisition and bank loan interest[88]. - The income tax expense increased by 49.54% to ¥49,232,085.87, driven by a rise in total profit[69]. Investments and Acquisitions - The company invested ¥6,234.46 million in exploration activities in 2021, with significant expenditures on drilling and sampling[56]. - The company acquired a 65% stake in Chifeng Yubang Mining Co., Ltd. on March 12, 2021, and established Ningbo Chengming Ruixiang Technology Co., Ltd. with a 100% stake on November 10, 2021[84]. - The total investment amount for the reporting period was 681,908,694.38 CNY, representing a 158.26% increase compared to 264,037,897.70 CNY in the previous year[106]. - The company has completed the acquisition of 65% equity in Chifeng Yubang Mining Co., Ltd.[109]. Strategic Planning - The company plans to mine a total of 9.355 million tons of lead, zinc, copper, silver, and molybdenum ore in 2022, with a target production of 56,300 tons of lead, zinc, and copper combined, 106 tons of silver, and 5,945 tons of molybdenum[131]. - The company aims to ensure safety production and management through comprehensive safety measures and regular inspections[132]. - The company plans to temporarily use up to RMB 150 million of idle raised funds for working capital, with a usage period not exceeding 6 months[119]. - The company plans to invest all unused raised funds into the comprehensive utilization project of titanium iron resources[122]. - The company will adjust production targets based on market conditions and operational performance, indicating a flexible approach to business management[131]. Corporate Governance - The company has held six shareholder meetings during the reporting period, ensuring compliance with legal requirements and protecting shareholder rights[153]. - The board of directors consists of 9 members, including 3 independent directors, and held 17 meetings during the reporting period[155]. - The supervisory board has 3 members, including 1 employee representative, and convened 9 meetings during the reporting period[158]. - The company respects and protects the legitimate rights and interests of all stakeholders, including shareholders, employees, creditors, and customers[160]. - The company maintains independence from its controlling shareholder, ensuring autonomous operations across various business aspects[154]. Management and Leadership - The company experienced a change in leadership with the resignation of the chairman, Mr. Wu Jianyuan, on May 25, 2021, due to personal reasons[176]. - The company appointed Mr. Wu Cheng as the new chairman on June 10, 2021, following the election at the shareholders' meeting[176]. - The current management team includes experienced professionals with backgrounds in finance, law, and engineering, enhancing the company's strategic capabilities[180][181][182][185][190]. - The company has seen significant leadership continuity, with key executives holding positions for several years, indicating stability in management[180][181][182][185][190]. - The financial management team is led by a certified public accountant and includes professionals with extensive experience in investment banking and corporate finance[181][190]. Compliance and Regulatory Matters - The company received a warning letter from the Chongqing Securities Regulatory Bureau regarding its actual controller on August 19, 2021[194]. - The company and related parties received a public reprimand from the Shenzhen Stock Exchange on October 29, 2021[195]. - The company has not reported any recent penalties from securities regulatory agencies for its current or past management team, indicating compliance with regulatory standards[193].

证券代码：000688 证券简称：国城矿业 公告编号：2021-112 国城矿业股份有限公司 关于参加重庆辖区2021年投资者网上集体 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内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 为进一步做好投资者关系管理工作，加强与广大投资者的互动交流，国城矿 业股份有限公司（以下简称"公司"）将参加由重庆上市公司协会联合深圳市全 景网络有限公司举办的"重庆辖区2021年投资者网上集体接待日活动"（以下简称 "本次活动"）。本次活动将于2021年11月25日（星期四）15：00-17：00举行，投 资者可登陆全景·路演天下（http://rs.p5w.net）进入本公司互动平台参与交流。 届时，公司总经理李伍波先生、副总经理兼总工程师张峰先生、财务总监郭 巍女士、董事会秘书魏峰先生将通过网络在线交流形式与投资者进行"一对多" 形式的在线交流，回答投资者关心的问题。欢迎广大投资者积极参与。 特此公告。 国城矿业股份有限公司董事会 2021年11月19日 ...

国城矿业股份有限公司 2021 年第三季度报告 □ 是 √ 否 1 证券代码：000688 证券简称：国城矿业 公告编号：2021-103 国城矿业股份有限公司 2021 年第三季度报告 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。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告 中财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | --- | |------------------------------------------------------|------------------|-------------------------|--------------------------|- ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 524,485,654.26, representing a 39.01% increase compared to CNY 377,309,506.44 in the same period last year[26]. - The net profit attributable to shareholders of the listed company reached CNY 121,190,792.66, a significant increase of 146.74% from CNY 49,116,420.04 in the previous year[26]. - The net profit after deducting non-recurring gains and losses was CNY 110,028,468.62, up 267.76% from CNY 29,918,685.84 year-on-year[26]. - The net cash flow from operating activities was CNY 248,228,574.05, an increase of 219.17% compared to CNY 77,772,615.98 in the same period last year[26]. - The basic earnings per share were CNY 0.1106, reflecting a 146.88% increase from CNY 0.0448 in the previous year[26]. - The total profit for the reporting period was 148.26 million yuan, up 146.24% year-on-year[49]. - The company reported a 130.20% increase in income tax expenses, amounting to CNY 25,537,279.03, due to a significant rise in net profit[62]. Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 5,158,435,523.04, a 44.57% increase from CNY 3,568,207,483.75 at the end of the previous year[26]. - The net assets attributable to shareholders of the listed company were CNY 2,536,281,302.73, showing a 4.89% increase from CNY 2,417,997,101.24 at the end of the previous year[26]. - The company's cash and cash equivalents decreased by 13.95% to CNY 486,483,518.22, primarily due to payments for equity transfers and project expenditures[70]. - The company's total liabilities increased, with short-term borrowings reported at CNY 10,012,833.00[70]. Production and Sales - The company mined a total of 1.26 million tons of various ores during the reporting period[49]. - The company processed a total of 1.30 million tons of various ores[49]. - The sales volume of various metal concentrates reached 24,273.68 tons[49]. - The sales volume of zinc concentrate decreased by 1.94% to 20,690.38 tons, while lead concentrate sales fell by 25.47% to 2,892.50 tons[50]. - The company achieved a production scale of over one million tons of lead-zinc ore annually, enhancing its competitive position in the industry[56]. Acquisitions and Investments - The company completed the acquisition of a 65% stake in Yubang Mining, which owns the largest silver mine in China by reserves[44]. - The company completed the acquisition of 65% equity in Chifeng Yubang Mining Co., Ltd., with a total investment of CNY 979,690,000[78]. - The company invested CNY 15,028,328.83 in the construction of a new lead-zinc-sulfur mining plant, with a cumulative investment of CNY 647,958,338.85, achieving 81.33% of the planned progress[79]. - The company reported a total investment of CNY 196,445,208.82 in the comprehensive utilization project of sulfur and titanium resources, with a cumulative investment of CNY 452,062,591.45, achieving 15.15% of the planned progress[81]. Environmental and Safety Compliance - The company reported a total pollutant discharge of 3,274.97 kg for particulate matter, with a maximum concentration of 42.3 mg/m3, well below the standard limit of 80 mg/m3[114]. - The company has established a complete safety responsibility system and is conducting regular safety inspections to mitigate potential safety production risks[97]. - The company plans to enhance environmental protection investments to comply with increasingly stringent national regulations, which may increase operational costs[94]. - The company is focused on compliance with environmental regulations, with no reported administrative penalties for environmental issues during the reporting period[135]. Shareholder Information - The company has a total of 10,000,000 shares held by Chongqing Fuling State-owned Assets Investment and Operation Group Co., Ltd.[194]. - The company’s major shareholders include Gansu Jianxin Industrial Group Co., Ltd. with a 40.99% stake and Guocheng Holdings Group Co., Ltd. with a 32.99% stake[191]. - The total number of shares before the recent changes was 1,137,299,314, with a total of 6,760 shares added during the reporting period[185]. - The company’s total number of shareholders at the end of the reporting period was 34,676[191]. Corporate Governance - The company has revised its governance documents to enhance corporate governance and ensure equal access to information for all shareholders[135]. - The company has committed to maintaining independence in its management, ensuring that key executives do not hold positions in related parties[144]. - The company has established a transparent communication strategy with investors through various channels, including performance briefings and direct communication[135]. - The company has made commitments to avoid conflicts of interest and ensure fair treatment in related transactions[144].