2018-07-30 16:00Financial Performance - The company expects a net profit attributable to shareholders for the first half of 2018 to increase by 2.265 billion to 2.465 billion CNY, representing a year-on-year increase of 271.21% to 295.16%[3] - The net profit attributable to shareholders, excluding non-recurring gains and losses, is expected to increase by 1.970 billion to 2.170 billion CNY, a year-on-year increase of 169.96% to 187.21%[3] - The estimated net profit range for the first half of 2018 is projected to be between 3.100 billion and 3.300 billion CNY[3] - The net profit for the same period last year was 835.14 million CNY, and the net profit excluding non-recurring gains and losses was 1.159 billion CNY[10] - The earnings per share for the same period last year was 0.05 CNY[11] Factors Influencing Performance - The significant increase in performance is primarily due to the substantial rise in average market prices for key metal products such as cobalt, copper, molybdenum, and tungsten compared to the same period last year[5] - The company completed a non-public offering of A-shares in July 2017, raising 18 billion CNY, which has led to reduced interest expenses and increased interest income and investment returns compared to the previous year[5] - The company has included the 24% minority stake in the Congo (DRC) copper-cobalt mine project in its consolidated financial statements since April 20, 2017, resulting in an extended period of income recognition from this stake compared to the previous year[5] Forecast and Confirmation - The company confirms that there are no uncertainties affecting the accuracy of this performance forecast[13] - The forecast data is preliminary and subject to final confirmation in the official semi-annual report[14]