NFC(000758) 证券时报网·2025-02-25 01:38Core Viewpoint - China Nonferrous Metal Construction Co., Ltd. (中色股份) is committed to high-quality development and deepening reforms as a fundamental driving force for enhancing corporate quality, efficiency, and effectiveness, aiming for higher levels of growth [2][4]. Group 1: Business Development and Contracts - In February 2025, the company signed a total contract worth approximately 57.24 million USD for the Vietnam Duong Electric Aluminum Project, marking a significant order in the Vietnamese market [2]. - The company has achieved a historical high in new contract signing, with a total of 16.49 billion RMB in new contracts signed in 2024, representing a year-on-year increase of 103.71% [4]. - As of the end of 2024, the company has approximately 59.6 billion RMB in uncompleted project contracts [4]. Group 2: Innovation and Technology - The company emphasizes innovation as a key driver for high-quality development, focusing on upgrading traditional industries and developing new industries, with significant investments in technology [3]. - Subsidiaries such as China Nonferrous White Mine and China Nonferrous Pump Industry have been recognized as "high-tech enterprises," with the latter also being approved as a "specialized, refined, and innovative" enterprise in Liaoning Province [3]. - The company is actively engaged in technological breakthroughs for resource development, particularly in challenging mining conditions, and has made advancements in smart mining and domestic product replacements [3]. Group 3: State-Owned Enterprise Reform - The company is implementing state-owned enterprise reform measures to enhance its core functions and competitiveness, focusing on improving innovation and value creation capabilities [4][5]. - In response to national policies, the company has accelerated the disposal of inefficient assets and is actively working on maximizing the value of state-owned assets, including the transfer of a 41.56% stake in China Southern Rare Earth [5]. - The company continues to hold a 23.81% stake in the newly renamed China Southern Rare Earth (Xinfeng) Co., Ltd., positioning itself to benefit from upcoming reforms in the rare earth industry [5]. Group 4: International Cooperation and Project Management - The company is enhancing its resource integration capabilities and optimizing project management through deep collaboration across the entire industry chain [6]. - The successful completion of the Indonesia Oman Copper Smelting Project's trial operation marks a significant milestone for the company, receiving positive feedback from the local government and stakeholders [6]. - The company is fostering innovation in business models and actively promoting technological, institutional, and management innovations, including the establishment of employee innovation studios to enhance skill development [6].