GDMZH(SH:600382) Zheng Quan Shi Bao Wang·2025-07-14 11:50Group 1 - The core viewpoint of the news is that Guangdong Mingzhu (600382.SH) has reported significant growth in its half-year performance for 2025, with net profit expected to increase by 242.82% to 319.00% year-on-year [1] - The company anticipates a net profit attributable to shareholders of the parent company between 103 million to 126 million yuan, and a net profit excluding non-recurring gains and losses between 106 million to 129 million yuan, reflecting a year-on-year growth of 107.56% to 153.68% [1] - The main driver behind this impressive performance is the dual boost from the expansion project and technological upgrades of its wholly-owned subsidiary, Mingzhu Mining [1] Group 2 - From an industry perspective, the iron ore market has shown a balanced supply-demand situation in the first half of the year, and Mingzhu Mining has capitalized on this opportunity through capacity expansion and technological improvements [2] - The expansion project of Mingzhu Mining is identified as the "core variable" for the anticipated profit increase, laying a solid foundation for continued growth in the second half of the year [2] - The company's performance not only reflects its strategic foresight in industry chain layout but also demonstrates the effectiveness of its strategy to strengthen its core business through subsidiary upgrades [2]