2021-07-30 16:00Financial Performance - The company's operating revenue for the first half of 2021 reached CNY 109.86 billion, representing a 32.14% increase compared to CNY 83.14 billion in the same period last year[14]. - Total profit for the first half of 2021 was CNY 11.47 billion, a significant increase of 180.12% from CNY 4.09 billion in the previous year[14]. - Net profit for the first half of 2021 amounted to CNY 8.91 billion, up 188.27% from CNY 3.09 billion year-on-year[14]. - The net profit attributable to shareholders of the listed company was CNY 6.65 billion, reflecting a 174.60% increase from CNY 2.42 billion in the same period last year[14]. - Basic earnings per share increased by 175.79% to RMB 0.262 compared to the same period last year[15]. - The company reported a comprehensive gross profit margin of 14.48%, an increase of 3.5 percentage points year-on-year, primarily due to increased margins from copper and zinc mining[44]. - The company achieved operating revenue of 109.863 billion yuan, a year-on-year increase of 32.14% compared to 83.142 billion yuan in the same period last year[41]. - The company reported a total comprehensive income of RMB 10.39 billion for the first half of 2021, significantly higher than RMB 2.43 billion in the same period of 2020[148]. Assets and Liabilities - The net assets attributable to shareholders of the listed company at the end of the reporting period were CNY 66.89 billion, an 18.30% increase from CNY 56.54 billion at the end of the previous year[14]. - The total assets of the company at the end of the reporting period were CNY 198.66 billion, representing an 8.97% increase from CNY 182.31 billion at the end of the previous year[14]. - The total liabilities stood at RMB 110.24 billion, slightly up from RMB 107.72 billion, marking an increase of about 2.0%[144]. - The company's long-term borrowings increased to RMB 31.59 billion from RMB 29.08 billion, representing a rise of about 8.6%[144]. - The company's total equity attributable to shareholders at the end of June 2021 was RMB 50,309,683,638, compared to RMB 51,185,965,026 at the beginning of the year, reflecting a decrease of approximately 1.7%[150]. Production and Operations - Gold production amounted to 22.02 tons, an increase of 8.78% year-on-year[25]. - Copper production reached 240,600 tons, reflecting a year-on-year growth of 4.30%[25]. - Zinc production increased by 23.46% to 196,400 tons during the reporting period[25]. - The group produced 555,872 tons of copper, a year-on-year increase of 6.52% compared to 521,848 tons in the same period last year[29]. - The overseas projects contributed 53.97% of the total gold production, 42.68% of copper, and 51.90% of zinc during the reporting period[37]. - The company has made significant progress in major project construction, including the commissioning of the world-class Kamoa-Kakula copper mine in the Democratic Republic of Congo[37]. Environmental and Social Responsibility - The company invested CNY 670 million in environmental ecological projects during the reporting period, with CNY 162 million specifically for ecological restoration, representing an increase of 85.6% and 200% year-on-year respectively[78]. - The company has implemented clean energy alternatives, generating 1.45 million kWh of solar power by the end of June, equivalent to a reduction of 419.55 tons of CO2 emissions and replacing 580 tons of standard coal[79]. - The company has initiated a project to train 86 local graduates in collaboration with the local government, aiming to address employment issues in the region[70]. - The company invested approximately 76 million yuan in poverty alleviation and rural revitalization efforts during the reporting period[80]. - Xinjiang Zijin Zinc Industry was recognized as a "National Advanced Collective in Poverty Alleviation," directly providing 168 jobs, accounting for about 40% of the total workforce[80]. Financial Management and Investments - The total borrowings of the group as of June 30, 2021, were ¥72.89 billion, with approximately ¥30.08 billion due within one year[47]. - The company's investment income surged by 2,054.73%, reaching ¥586.94 million compared to ¥27.24 million in the previous year[46]. - The company has committed USD 1.07 billion to the Colombia Continental Gold project, which is expected to increase annual gold production from 7.8 tons to 9.1 tons after the technical upgrade[54]. - The company has pledged shares of Zijin (Americas) Gold Mining for a total loan of USD 568 million (approximately RMB 3.706 billion) as of June 30, 2021[52]. - The company has extended shareholder loans totaling 74.43 million USD to a related company, with specific repayment deadlines set for 2023[85]. Compliance and Governance - The company has not faced any significant risks that would affect the authenticity, accuracy, and completeness of the disclosed interim report[5]. - The company has maintained compliance with all commitments made by its controlling shareholders and has not engaged in any non-operational fund occupation[82]. - The company has not faced any major litigation or arbitration matters during the reporting period[83]. - The company is implementing a global operational management system characterized by efficiency and compliance, enhancing its ESG governance framework[64]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 821,018[101]. - The company has 95,980,600 restricted shares under the incentive plan, which were issued on January 28, 2021[100]. - The top ten shareholders include State Street Bank & Trust Company and BlackRock, Inc., holding 1.44% and 1.37% of the total shares, respectively[105]. - The company has implemented an equity incentive plan, resulting in significant share increases for several directors and executives during the reporting period[107]. Risk Factors - The company faces potential risks from geopolitical tensions and fluctuations in metal prices due to the ongoing global economic uncertainties[58]. - The company is focused on expanding its mining projects in Colombia and Guyana to contribute to new production increments[61].