Core Viewpoint - Luoyang Molybdenum's strong performance in the first half of 2025 is attributed to significant growth in its mining segment, achieving record revenue and profit levels [1][2]. Financial Performance - The company reported a revenue of 94.773 billion yuan and a net profit of 8.671 billion yuan, marking a year-on-year increase of 60.07% [1][2]. - The mining segment's revenue reached a historical high of 39.402 billion yuan, accounting for approximately 42% of total revenue, an increase of 11 and 28 percentage points compared to the same periods in 2024 and 2023, respectively [2]. - Operating costs decreased by 10.96% year-on-year, contributing to improved profitability [3]. - Operating cash flow was 12.009 billion yuan, up 11.40% year-on-year, with a debt-to-asset ratio of 50.15%, down 9.01 percentage points [3]. Product Performance - Copper production reached 353,600 tons, a year-on-year increase of 12.68%, with copper revenue at 25.718 billion yuan, making up about 65% of mining revenue [2]. - Cobalt production was 61,100 tons, with cobalt revenue increasing by 31.94% to 5.728 billion yuan [2]. - Tungsten and molybdenum production also showed positive trends, with tungsten revenue growing by 26.19% to 1.109 billion yuan [2]. Strategic Initiatives - The company is actively expanding its portfolio in renewable energy metals, with significant investments in copper and cobalt [4]. - A recent acquisition of Lumina Gold for 581 million Canadian dollars (approximately 307.6 million yuan) adds a significant gold resource in Ecuador, with a total resource of 1.376 billion tons [4]. - Ongoing projects in the Democratic Republic of Congo aim to increase copper production to 800,000 to 1 million tons [5]. Market Outlook - The company maintains an optimistic outlook for copper prices, citing limited new production capacity and resilient demand from the energy sector [6]. - Cobalt prices are expected to remain high due to export bans and declining market inventories, with sustained demand anticipated [6]. - Tungsten and molybdenum prices are projected to remain stable and resilient, continuing to stay at historically high levels [6].

Core Viewpoint - Luoyang Molybdenum's 2025 semi-annual report shows a decline in revenue but a significant increase in net profit, indicating effective cost control and operational efficiency improvements [1][2]. Financial Performance - The company's revenue for the first half of 2025 was 94.773 billion yuan, a year-on-year decrease of 7.83% [1]. - Net profit attributable to shareholders reached 8.671 billion yuan, marking a 60.07% increase year-on-year, achieving a historical high for the period [1]. - Operating costs decreased by 10.96% year-on-year, contributing to improved profitability [1]. Segment Performance - The mining and processing segment generated revenue of 39.402 billion yuan, up 25.64% year-on-year, with a gross margin of 52.42%, an increase of 5.56 percentage points [2]. - The mineral trading segment reported revenue of 82.332 billion yuan, down 11.44% year-on-year, with a gross margin of 3.78%, a decrease of 1.18 percentage points [2]. - Copper production reached 353,600 tons, a 12.68% increase year-on-year, while cobalt production was 61,100 tons, up 13.05% [2]. Market Conditions - The average price of copper on the London Metal Exchange was $9,431 per ton, a 3.75% increase year-on-year [3]. - Cobalt prices also saw a rise, with the average price for standard-grade cobalt metal increasing to $13.16 per pound, up 7.69% year-on-year [3]. - The company anticipates a stable market for copper products in the second half of the year, influenced by U.S. import tariffs and limited new mining capacity [4]. Strategic Initiatives - The company plans to expand its resource base through acquisitions and aims to enhance operational efficiency in its copper and cobalt segments [5]. - Luoyang Molybdenum has completed the acquisition of Ecuador's Odin Mining (KGHM Gold Mine) and is advancing development plans, marking its entry into the gold sector [3]. - The company is also focusing on increasing copper production capacity in the Democratic Republic of Congo to 800,000 to 1,000,000 tons [5]. Management Changes - Significant personnel changes occurred in the first half of the year, with a new management team being established to enhance internationalization and professionalization [5].

Core Viewpoint - Luoyang Molybdenum's significant profit growth in the first half of 2025 is attributed to increased production and prices of copper, alongside improved management efficiency and reduced operational costs [2][4]. Financial Performance - The company reported a revenue of 94.773 billion yuan and a net profit of 8.671 billion yuan, marking a year-on-year increase of 60.07%, setting a historical high for the same period [2]. - Mining revenue reached a historical high of 39.402 billion yuan, up 25.64% year-on-year, with copper mining revenue at 25.718 billion yuan, an increase of 28.42% [2]. Production Achievements - The company achieved all production targets for the first half of the year, producing 353,600 tons of copper (up 12.68%) and 61,100 tons of cobalt (up approximately 13.05%) [2]. - Production of molybdenum, tungsten, niobium, and phosphate exceeded 50% of annual targets [2]. Market Conditions - The overall copper price trend was strong in the first half of 2025, with the average copper price on the Shanghai Futures Exchange at approximately 77,400 yuan per ton, a year-on-year increase of 4.1% [3]. - Domestic copper supply remained tight, with copper concentrate processing fees dropping to a record low of negative 45 USD per ton by the end of June [3]. Cost Management and Efficiency - The company achieved a 10.96% reduction in operating costs, with various mining areas optimizing processes and improving recovery rates [4]. - Organizational upgrades were made to create a more international, professional, and youthful management team [4]. Strategic Developments - The acquisition of Ecuador's Odin Mining (KGHM) was completed, enhancing the company's multi-national, multi-mineral, and multi-asset business layout [4]. - The company is progressing towards its goal of producing 800,000 to 1,000,000 tons of copper in the Democratic Republic of the Congo [4].

Core Viewpoint - Luoyang Molybdenum (03993.HK) reported a decline in revenue for the first half of 2025, while net profit showed significant growth, indicating a mixed performance in financial results [1] Financial Performance - The company achieved operating revenue of 94.773 billion yuan, a year-on-year decrease of 7.83% [1] - Net profit attributable to shareholders was 8.671 billion yuan, reflecting a year-on-year increase of 60.07% [1] - The net profit excluding non-recurring gains and losses was 8.724 billion yuan, up 55.08% year-on-year [1] - Basic earnings per share stood at 0.41 yuan [1] Production Achievements - The company met all production targets for the first half of the year, achieving over half of the annual goals [1] - Copper production reached 353,600 tons, representing a year-on-year growth of approximately 12.68% [1] - Cobalt production was 61,100 tons, with a year-on-year increase of about 13.05% [1] - Production of molybdenum, tungsten, niobium, and phosphate fertilizer also exceeded 50% of the annual targets [1]

Core Viewpoint - Luoyang Molybdenum Industry Co., Ltd. reported a decrease in revenue but a significant increase in net profit for the first half of 2025, indicating strong operational performance despite revenue challenges [1] Financial Performance - The company achieved a revenue of 94.773 billion RMB, a year-on-year decrease of 7.83% [1] - The net profit attributable to shareholders was 8.671 billion RMB, reflecting a year-on-year increase of 60.07% [1] - Basic earnings per share were reported at 0.41 RMB [1] Production Achievements - The company met its production targets for all products in the first half of the year, exceeding the halfway mark of its annual goals [1] - Copper production reached 353,600 tons, representing a year-on-year growth of approximately 12.68% [1] - Cobalt production was recorded at 61,100 tons, showing a year-on-year increase of about 13.05% [1] - Production of molybdenum, tungsten, niobium, and phosphate fertilizer also exceeded 50% of the annual targets [1]

智通财经APP讯，洛阳钼业(03993)发布截至2025年6月30日止六个月的中期业绩，营业收入947.73亿元 (人民币，下同)，同比减少7.83%;归母净利润86.71亿元，同比增加60.07%;基本每股收益0.41元。 （原标题：洛阳钼业(03993)发布中期业绩 归母净利润86.71亿元 同比增加60.07%） 公告称，公司各产品产量全部达成上半年度目标，实现时间过半任务超半。其中，产铜35.36万吨，同 比增长约12.68%;产钴6.11万吨，同比增长约13.05%。钼、钨、铌、磷肥等产品产量均超过年度目标的 50%。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 CMOC Group Limited* （於中華人民共和國註冊成立的股份有限公司） （股份代號：03993） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 以下為洛陽欒川鉬業集團股份有限公司（「本公司」）於上海證券交易所網站 (www.sse.com.cn )所發佈《洛陽欒川鉬業集團股份有限公司第七屆董事會第六次會 議決議公告》《洛陽欒川鉬業集團股份有限公司2025年半年度報告摘要》。 承董事會命 洛陽欒川鉬業集團股份有限公司 劉建鋒 股票代码：603993 股票简称：洛阳钼业 编号：2025—045 洛阳栾川钼业集团股份有限公司 第七届董事会第六次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导 性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法 律责任。 洛阳栾川钼业集团股份有限公司（以下简称"本公司"或"公司"） 第七届董 ...

Financial Performance - The company's revenue for the first half of the year was 94.773 billion yuan, a year-on-year decrease of 7.83% [1] - The net profit attributable to shareholders reached 8.671 billion yuan, an increase of 60.07%, marking a historical high [1] - Operating cash flow increased by 11.4% to 12.009 billion yuan, while the debt-to-asset ratio remained at a reasonable level of 50.15% [1] Core Business Progress - Copper production was 353,600 tons, up 12.68%, and cobalt production was 61,100 tons, up 13.05%, with all products exceeding half of their annual targets [2] - Significant improvements in operational efficiency were noted, particularly in the TFM project in the Democratic Republic of Congo, with enhanced governance and optimized processes leading to lower costs [2] Key Drivers of Profitability - The substantial increase in net profit was driven by effective cost control, with operating costs decreasing by 10.96%, surpassing the revenue decline [1] - Continuous optimization of product structure, with copper and cobalt business revenue share increasing, benefiting from long-term demand in the new energy supply chain [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 CMOC Group Limited* （於中國人民共和國註冊成立的股份有限公司） （股份代號：03993） 截至二零二五年六月三十日止六個月的中期業績公告 中期業績 洛陽欒川鉬業集團股份有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司 及其附屬公司（統稱「本集團」）截至二零二五年六月三十日止六個月的未經審核綜 合財務業績。本公告包含本集團截至二零二五年六月三十日止六個月的中期報告 全文，其內容是根據香港聯合交易所有限公司（「聯交所」）證券上市規則的相關披 露要求編製。本公司審計及風險委員會已審閱本集團的未經審核綜合財務業績。 本業績公告於本公司網站( www.cmoc.com )及聯交所網站( www.hkexnews.hk )發 佈。本公司將隨後向股東發送本公司截至二零二五年六月三十日止六個月的中期 報告，並可於其時在上述網站查閱。 1 重要提示 無 六、 前瞻性陳述的風險聲明 一、 本公司 ...

股票代码：603993 股票简称：洛阳钼业 编号：2025—045 洛阳栾川钼业集团股份有限公司 第七届董事会第六次会议决议公告 根据董事会秘书徐辉先生提名，董事会同意聘任卢烨女士为公司 证券事务代表，任期至公司 2026 年年度股东大会召开之日止，简历 附后。 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导 性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法 律责任。 洛阳栾川钼业集团股份有限公司（以下简称"本公司"或"公司" ） 第七届董事会第六次会议通知于 2025 年 8 月 8 日以电子邮件方式发 出，会议于 2025 年 8 月 22 日以现场结合通讯方式召开。会议应参加 董事 8 名，实际参加董事 8 名。公司监事、首席财务官、董事会秘书 和董事会办公室相关工作人员列席了本次会议。本次会议的召集、召 开符合相关法律法规和本公司《公司章程》及有关规定，会议决议合 法、有效。会议由公司董事长刘建锋先生主持，经与会董事充分讨论， 审议通过如下议案： 一、审议通过关于公司《2025年半年度报告》的议案。 该议案已经第七届董事会审计及风险委员会第七次会议审议通 过。董事会同意授权董 ...