赚超百亿，紫金矿业净利润创单季新高

Core Viewpoint - Zijin Mining reported strong financial results for Q1 2025, with significant increases in revenue and net profit, driven by improved production management and rising metal prices [1][2]. Financial Performance - Zijin Mining achieved operating revenue of 78.928 billion yuan, a year-on-year increase of 5.55% [1] - The net profit attributable to shareholders was 10.167 billion yuan, up 62.39% year-on-year [1] - The net profit after deducting non-recurring items was 9.881 billion yuan, reflecting a 58.76% increase year-on-year, marking a historical high for a single quarter [1] Production and Pricing - Gold production reached 19 tons, a 13% increase year-on-year, while copper production was 288,000 tons, up 9% [1] - The gross margin for gold was 60.86%, an increase of 9.54% year-on-year, and for copper, it was 61.14%, up 3.3% [1] - The price of gold was 641.51 yuan per gram, a 40.07% increase year-on-year, and copper was priced at 62,000 yuan per ton, a 16.69% increase [2] Market Trends - Gold prices surged to a historical high of $3,245.73 per ounce, up over 60% from $1,992.82 per ounce at the beginning of 2024 [2] - Copper prices also rose significantly, driven by potential U.S. tariffs and global supply chain effects, with prices exceeding $10,000 per ton [2] Investment Activity - Abu Dhabi Investment Authority increased its stake in Zijin Mining by 2.2263 million shares, becoming one of the top ten shareholders [2] - Gao Yi Asset Management also increased its holdings in Zijin Mining, adding 9 million shares and 7.6 million shares through two funds [3] - Zijin Mining's stock price has risen over 16% since the beginning of 2025, with a total market capitalization of 468.6 billion yuan as of April 14 [3]