股价年涨幅逼近1000％ 中润资源“buff”叠满 曾让人眼馋的核心金矿技改仍在规划中

Core Viewpoint - Zhongrun Resources Investment Co., Ltd. has undergone significant transformations, including divesting from real estate, focusing on gold mining, and changing its controlling shareholder to a state-owned enterprise, resulting in a dramatic increase in stock price from 0.89 yuan to 10.81 yuan per share within a year, marking a 970.3% increase [2][4][5] Group 1: Company Transformation - The company has successfully divested from its real estate business, which previously accounted for 58.11% of its total revenue in 2021, and shifted its focus to mining [4][6] - In October 2024, a state-owned enterprise, Shandong Zhaojin Ruining Mining Co., Ltd., acquired a 20% stake in Zhongrun Resources, changing its actual controller to state-owned assets [4][6] - The company plans to change its name to Zhaojin International Gold Co., Ltd. and its stock abbreviation to Zhaojin Gold, reflecting its new focus on gold [6] Group 2: Financial Performance - Despite the stock price surge, the company still faces challenges in turning around its operating losses, with a reported revenue of 3.33 billion yuan in 2024 but a net loss of 1.27 billion yuan [5][8] - The company reported a revenue of 978.6 million yuan in the first quarter of 2025, showing a year-on-year growth of 95.79%, but still incurred a net loss of 310.47 million yuan [8] Group 3: Mining Operations - Zhongrun Resources' core asset, the Vatukoula Gold Mine in Fiji, has over 100 tons of gold resources, with current mining capacity at 750 tons per day and plans to upgrade to 2000 tons per day [2][9] - The company is investing 500 to 600 million yuan in technical upgrades for the Vatukoula Gold Mine, with expectations to resolve immediate operational issues by the end of this year [9][10] - The mine's current recovery rate is approximately 80%, with plans to enhance processing capabilities significantly [10] Group 4: Market Outlook - The company remains optimistic about gold prices, which have risen to over 3300 USD per ounce, providing a favorable environment for growth [6][11] - Zhongrun Resources is currently under significant institutional interest, indicating a positive market perception following its transformation [9]