YTL(SZ:000960) Chang Jiang Shang Bao·2025-04-16 00:33Core Viewpoint - The rising tin prices have significantly boosted the performance of Xiyeshare Co., which is expected to report a net profit of 470 million to 530 million yuan for Q1 2025, marking a year-on-year increase of 44.06% to 62.45% [1][2] Group 1: Financial Performance - For Q1 2025, Xiyeshare Co. anticipates a net profit of 470 million to 530 million yuan, with a year-on-year growth of 44.06% to 62.45% [2] - The company's non-recurring net profit is projected to be between 464 million and 524 million yuan, reflecting a growth of 52.68% to 72.42% year-on-year [2] - The increase in profit is attributed to the rising prices of key metals such as tin, copper, and zinc, alongside optimized resource allocation and enhanced production capabilities [2][3] Group 2: Market Position and Production - Xiyeshare Co. is recognized as a global leader in tin and indium production, maintaining the largest market share in tin since 2005, with a global market share of 25.03% in 2024 [1][4] - The total production of non-ferrous metals reached 361,000 tons in 2024, with record outputs of tin (84,800 tons), copper (130,300 tons), and zinc (144,000 tons) [1][5] - The company has a significant presence in the tin industry, with a domestic market share of 47.98% and a global market share of 25.03% in 2024 [4] Group 3: Resource Development and Strategic Partnerships - Xiyeshare Co. has established a strategic partnership with the government of Keshiketeng, focusing on enhancing tin resource development [5][6] - The company signed a strategic cooperation framework agreement with Indonesia's PT Timah and Inner Mongolia Xingye Silver Tin Mining Co., aiming for multi-faceted collaboration in resources, business, and technology [6]