Core Points - The board of directors of Huludao Zinc Industry Co., Ltd. held its 14th meeting of the 11th session on August 29, 2025, where all members confirmed the accuracy and completeness of the disclosed information [2][3] - The meeting approved the proposal to increase the estimated daily related transactions for the year 2025, with all non-related directors voting in favor [2] Summary by Sections Meeting Details - The meeting was convened in compliance with the Company Law, Securities Law, and the company's articles of association, with 9 out of 9 directors present [2] - The meeting was chaired by Chairman Yu Enyuan [2] Resolutions Passed - The board unanimously approved the proposal regarding the increase of estimated daily related transactions for 2025, with a voting result of 3 in favor, 0 against, and 0 abstentions [2] - The proposal was previously reviewed and approved by the independent directors in a special meeting [2]

Company Overview - Zinc Industry Co., Ltd. (SZ 000751) announced the convening of its 14th meeting of the 11th Board of Directors on August 29, 2025, to discuss various documents including the proposal for increasing the estimated daily related transactions for 2025 [1] Financial Performance - For the first half of 2025, the revenue composition of Zinc Industry Co., Ltd. was as follows: non-ferrous metal smelting accounted for 96.97% and non-ferrous metal trading accounted for 3.03% [1]

Core Insights - The overall performance of the lead-zinc industry in the first half of 2025 is positive, with a total revenue of 40.827 billion yuan, a year-on-year increase of 14.12%, and a net profit of 3.265 billion yuan, up 47.46% [1][2] - The demand for lead-zinc products is rising due to increased activity in various sectors, particularly in the power and transportation industries, driven by the popularity of electric vehicles and advancements in AI technology [1][3] Group 1: Revenue and Profit Growth - Over 70% of the 11 listed lead-zinc companies reported both revenue and net profit growth year-on-year, with eight companies achieving this feat [2] - Six companies reported revenue exceeding 1 billion yuan, with Yunnan Chihong Zinc & Germanium and Zhuzhou Smelter Group both surpassing 10 billion yuan, at 10.581 billion yuan and 10.412 billion yuan respectively [2] - Xizang Zhufeng reported the highest revenue growth rate at 53.53% year-on-year [2] Group 2: Net Profit Performance - Seven companies achieved net profits exceeding 100 million yuan, with Chihong Zinc & Germanium, Zhuzhou Smelter Group, and Guocheng Mining leading the industry with net profits of 932 million yuan, 585 million yuan, and 521 million yuan respectively [3] - Guocheng Mining experienced the highest net profit growth rate at 1111.34% year-on-year [3] Group 3: Industry Trends and Developments - The lead-zinc industry is benefiting from a supply-demand imbalance, leading to price increases, while companies are optimizing production processes to reduce costs [3] - Several companies are accelerating the development of overseas mineral resource projects, enhancing their resource security and international market presence [4] - Huayu Mining has made significant progress on its project in Ethiopia, completing necessary approvals and preparations for construction [4] - Xizang Zhufeng is advancing its lithium extraction project in Argentina, focusing on the main engineering construction in the second half of the year [4]

证券代码：000751 证券简称：锌业股份 公告编号：2025-033 葫芦岛锌业股份有限公司 关于增加2025年度日常关联交易预计的公告 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、日常关联交易基本情况 （一）关联交易概述 公司于 2025 年 8 月 29 日召开第十一届董事会第十四次会议，审议通过了《关 于增加 2005 年度日常关联交易预计的议案》，关联董事回避表决，非关联董事 刘燕、张春林、杨文田一致同意上述议案。 经营范围：矿产资源（非煤矿山）开采，发电业务、输电业务、供（配）电 业务（依法须经批准的项目，经相关部门批准后方可开展经营活动，具体经营项 目以审批结果为准）一般项目：选矿，金属矿石销售，金银制品销售，非金属矿 物制品制造，建筑用石加工，建筑材料销售，食品销售（仅销售预包装食品）（除 依法须经批准的项目外，凭营业执照依法自主开展经营活动） 最近一期财务概况：截至 2025 年 7 月 31 日,总资产 70,667 万元、净资产 本次董事会审议通过了 2025 年公司及控股子公司增加日常关联交易金额为 15,000 万元，根据相关 ...

葫芦岛锌业股份有限公司第十一届董事会第十四次会议于 2025 年 8 月 29 日下午在公司四楼会议室以现场方式召开。会议前 3 天，公司董事会秘书办公室 将会议通知送达或传真给董事本人。应到会董事 9 人、实到会董事 9 人，公司高 级管理人员列席会议。会议的召集、召开符合《公司法》《证券法》和《公司章 程》的规定。 关于第十一届董事会第十四次会议决议公告 本公司董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误导性 陈述或重大遗漏。 会议由董事长于恩沅先生主持，会议审议通过如下议案： 葫芦岛锌业股份有限公司 HULUDAO ZINC INDUSTRY CO., LTD. 证券代码：000751 证券简称：锌业股份 公告编号：2025-032 葫芦岛锌业股份有限公司 特此公告。 葫芦岛锌业股份有限公司 2025 年 8 月 29 日 第 1 页 审议通过了《关于增加 2025 年度日常关联交易预计的议案》。 详见同日巨潮资讯网《关于增加 2025 年度日常关联交易预计的公告》。 关联董事回避表决，非关联董事刘燕、张春林、杨文田一致同意上述议案。 表决结果：同意 3 票，反对 0 票，弃权 0 ...

Core Insights - Zinc Industry Co., Ltd. reported a significant increase in total revenue and net profit for the first half of 2025, with total revenue reaching 8.913 billion yuan, up 23.92% year-on-year, and net profit attributable to shareholders at 62.6537 million yuan, up 99.07% year-on-year [1] - The company's accounts receivable increased significantly, with a year-on-year growth of 56.9%, indicating potential liquidity concerns [1] - The gross profit margin slightly decreased to 3.77%, while the net profit margin improved to 0.70%, reflecting better cost management despite lower gross margins [1] Financial Performance - Total revenue for the first half of 2025 was 8.913 billion yuan, compared to 7.193 billion yuan in the same period of 2024, marking a 23.92% increase [1] - Net profit attributable to shareholders rose to 62.6537 million yuan from 31.4729 million yuan, a 99.07% increase [1] - The company's operating cash flow per share turned negative at -0.09 yuan, a decrease of 138.46% year-on-year, indicating cash flow challenges [1][3] Cost and Expense Management - Total selling, administrative, and financial expenses amounted to 198 million yuan, accounting for 2.22% of revenue, down 20.47% year-on-year [1] - The net profit margin improved significantly by 60.63% year-on-year, reaching 0.70% [1] - Research and development expenses saw a drastic reduction of 94.78%, attributed to decreased investment in R&D during the first half of the year [3] Debt and Liquidity - The company’s interest-bearing liabilities increased to 3.491 billion yuan, a rise of 56.34% year-on-year [1] - The cash assets are reported to be healthy, but the cash flow situation raises concerns, with a cash asset to current liabilities ratio of only 30.53% [4] - The accounts receivable to profit ratio reached 1713.73%, indicating potential issues with cash collection [4]

Group 1 - The company did not distribute cash dividends, issue bonus shares, or convert reserves into capital during the reporting period [3] - There were no changes in the controlling shareholder or actual controller during the reporting period [5] - The company has no preferred shareholders or related shareholding information for the reporting period [5] Group 2 - All directors attended the board meeting to review the report [2] - The company does not require retrospective adjustments or restatements of previous accounting data [4] - There are no significant matters reported during the period [5]

Core Viewpoint - Zinc Industry Co., Ltd. reported significant growth in both revenue and net profit for the first half of 2025, indicating strong operational performance and financial health [1] Financial Performance - The company achieved operating revenue of 8.913 billion yuan, representing a year-on-year increase of 23.92% [1] - The net profit attributable to shareholders reached 62.6537 million yuan, showing a remarkable year-on-year growth of 99.07% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 55.3439 million yuan, reflecting a substantial year-on-year increase of 158.48% [1] - Basic earnings per share stood at 0.04 yuan [1]

Core Viewpoint - Zinc Industry Co., Ltd. reported significant growth in its financial performance for the first half of 2025, indicating a strong operational momentum and profitability improvement [1] Financial Performance - The company achieved an operating revenue of 8.913 billion yuan, representing a year-on-year increase of 23.92% [1] - The net profit attributable to shareholders reached 626.537 million yuan, marking a substantial year-on-year growth of 99.07% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 553.439 million yuan, reflecting a remarkable year-on-year increase of 158.48% [1] - Basic earnings per share stood at 0.04 yuan [1]

葫芦岛锌业股份有限公司 2025 年 1-6 月非经营性资金占用及其他关联资金往来情况汇总表 | 单位：万元 | | --- | | 非经营性资金 | | 占用方与上 | 上市公司核 | 2025 年初占 | 2025 年 | 1-6 月占 | 2025 年 1-6 月 | 2025 年 1-6 | 2025 年 6 月 | 占 用 形 成 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 占用 | 资金占用方名称 | 市公司的关 | 算的会计科 | 用资金余额 | | 用累计发生金额 | 占用资金的利 | 月偿还累计 | 末占用资金 | 原因 | 占用性质 | | | | 联关系 | 目 | | (不含利息) | | 息(如有) | 发生金额 | 余额 | | | | 控股股东、实 | | | | | | | | | | | | | 际控制人及其 | | | | | | | | | | | | | 附属企业 | | | | | | | | | | | | | 小计 | — | — | — | | | ...