2015-08-28 16:00Financial Performance - The company's operating revenue for the first half of 2015 reached ¥38.83 billion, a 61.90% increase compared to ¥23.99 billion in the same period last year[21]. - Net profit attributable to shareholders was ¥1.34 billion, representing a 20.89% increase from ¥1.11 billion in the previous year[21]. - The net cash flow from operating activities was ¥3.85 billion, up 118.33% from ¥1.76 billion in the same period last year[21]. - Basic earnings per share increased to ¥0.062, a rise of 21.57% compared to ¥0.051 in the previous year[22]. - The total assets of the company at the end of the reporting period were ¥77.76 billion, reflecting a 3.46% increase from ¥75.16 billion at the end of the previous year[21]. - The company's net assets attributable to shareholders decreased by 2.01% to ¥27.49 billion from ¥28.06 billion at the end of the previous year[21]. - The weighted average return on equity increased to 4.73%, up 0.75 percentage points from 3.98% in the previous year[23]. - The company reported a total of ¥19.29 million in non-recurring gains and losses during the reporting period[25]. - The total comprehensive income for the first half of 2015 was ¥1.28 billion, down from ¥1.51 billion in the same period of 2014, indicating a decrease of 15%[156]. Production and Operations - Gold production increased by 108.92% to 124,632 kg, compared to 59,656 kg in the same period last year[31]. - Copper production rose by 16.52% to 211,273 tons, up from 181,321 tons year-on-year[32]. - Zinc production grew by 29.95% to 180,979 tons, compared to 139,263 tons in the previous year[34]. - The company achieved a sales revenue of 38.832 billion CNY, a year-on-year increase of 61.90% compared to 23.986 billion CNY in the same period last year[30]. - The company plans to produce 36 tons of mined gold, 150,000 tons of mined copper, and 210,000 tons of lead and zinc in 2015, with a total of 3 million tons of iron concentrate planned[62]. Financial Strategy and Investments - The company plans to raise up to 10 billion yuan through a private placement of A-shares, primarily for overseas project construction and acquisitions[44]. - The company’s total borrowings amounted to 31.261 billion yuan, with short-term borrowings of approximately 16.688 billion yuan[60]. - The company’s investment income for the first half of 2015 was 253.46 million yuan, down from 412.61 million yuan in the same period last year[56]. - The company plans to accelerate international acquisitions, focusing on projects that can significantly enhance company value[64]. - The company has diversified its investment portfolio with multiple banks, including a 500 million RMB investment with 中国银行 yielding 19.51 million RMB[85]. Shareholder and Equity Information - The company distributed a cash dividend of CNY 0.8 per share, totaling CNY 1.73 billion, based on the number of shares after H-share repurchase[105]. - The company has established a three-year dividend return plan for 2015-2017, which was approved at the first extraordinary general meeting of shareholders in 2015[127]. - The total number of shareholders at the end of the reporting period was 1,325,887[134]. - The largest shareholder, Hong Kong Central Clearing Limited, held 5,716,143,479 shares, representing 26.53% of the total shares[136]. - The company reported a basic earnings per share of CNY 0.06 and a net asset value per share of CNY 1.28 for the first half of 2015, with no significant impact from the buyback on these financial metrics[134]. Liabilities and Financial Health - The total liabilities increased to ¥45.20 billion as of June 30, 2015, compared to ¥41.49 billion at the end of 2014, reflecting a growth of 8%[154]. - The total equity attributable to shareholders of the parent company decreased to ¥27.49 billion from ¥28.06 billion at the end of 2014, a decline of 2%[154]. - The company's financial expenses increased to ¥434.56 million, up from ¥249.33 million in the first half of 2014, reflecting a rise of 74%[156]. - The total non-current liabilities decreased to ¥16.13 billion from ¥17.99 billion at the end of 2014, a reduction of 10%[154]. - The company believes it has sufficient operating funds to meet its operational and financial obligations due to ample bank credit lines[199]. Acquisitions and Joint Ventures - The company signed agreements for significant overseas acquisitions, including the purchase of the Porgera gold mine in Papua New Guinea and the Kamoa copper project in the Democratic Republic of Congo[38]. - The company acquired all outstanding shares of its subsidiary Norton Gold Fields at a price of AUD 0.25 per share, totaling approximately AUD 41 million[111]. - The company plans to acquire a 49.5% stake in Kamoa Holding, which holds a 95% interest in the Kamoa Copper Project, for a total consideration of USD 412 million[113]. - The company established a joint venture, Fujian Zijin Cuifufu Jewelry Development Co., Ltd., with a registered capital of RMB 20 million, where Zijin Mining Group Southern Investment Co., Ltd. holds a 51% stake[77]. Compliance and Governance - The company continues to employ Ernst & Young Hua Ming as its auditor for the 2015 fiscal year[126]. - The financial statements comply with the requirements of the accounting standards and provide a true and complete reflection of the company's financial status[200]. - The group operates in mineral resource exploration, gold and copper mining, and related services[196].