Core Viewpoint - Tibet Zhihui Mining Co., Ltd. has submitted an application to list on the Hong Kong Stock Exchange, with Guotai Junan Securities (Hong Kong) and Maysun Capital as joint sponsors [1][3]. Company Overview - Zhihui Mining is a mining company focused on the exploration, mining, production, and sales of zinc, lead, and copper in Tibet, China. It ranks second, third, and fifth in average annual production of zinc, lead, and copper concentrates in Tibet from 2022 to 2024, respectively [3][4]. - The company's mining operations are located in the Nagqu region of Tibet, specifically in the Rongduo Township of Jiali County. The Mengya Mine includes an open-pit mine that has been in commercial operation since 2007 and an underground mining project expected to commence commercial operations in the second half of 2025 [3][4]. Resource and Production Capacity - As of December 31, 2024, the total ore reserves of the open-pit mine are 1,548,000 tons with average grades of 4.89% zinc, 0.65% lead, 0.10% copper, and 9.62 grams per ton of silver. The underground mining project has total ore reserves of 10,626,000 tons with average grades of 4.15% zinc, 2.99% lead, 0.21% copper, and 35.05 grams per ton of silver. Once completed, the Mengya Mine is expected to supply 400,000 tons of ore annually for concentrate production [4][6]. Business Model and Revenue - The company operates a business chain that includes exploration, mining, concentrate production, and sales. Its main products are zinc concentrates, lead concentrates, and copper concentrates. Revenue is generated from sales to metal traders and smelters [6]. - Financial performance shows revenues of approximately RMB 482.35 million, RMB 546.13 million, and RMB 301.43 million for the years 2022, 2023, and 2024, respectively. The profit attributable to owners for the same years was approximately RMB 118.79 million, RMB 154.73 million, and RMB 55.85 million [6][7].
智汇矿业递表港交所主板 锌精矿平均年产量在西藏排名第二
Zhi Tong Cai Jing·2025-04-17 23:08