Jin Rong Jie·2025-08-15 04:40Group 1 - The core viewpoint of the news is that China Nonferrous Metal Mining Group Co., Ltd. has received an "AAAsti" rating for its second phase of corporate bonds aimed at professional investors, indicating strong creditworthiness [1] - The company is recognized for its rich resource reserves, complete industrial chain, significant scale advantages, and improved profitability and operational cash flow, which support its credit level [1] - However, the rating agency also notes that the company's profitability is susceptible to industry cyclicality and that overseas operations face certain risks, which could impact its overall credit status [1] Group 2 - China Nonferrous Metal Mining Group Co., Ltd. is a large state-owned enterprise directly managed by the State-owned Assets Supervision and Administration Commission, with its origins tracing back to the establishment of China Nonferrous Metal Foreign Engineering Company in 1983 [2] - The company underwent several name changes and structural adjustments, including the establishment of China Nonferrous Metal Construction Group Co., Ltd. in 2005, and it primarily engages in nonferrous metal mining, construction contracting, and related services [2] - In 2024, the company achieved a total operating revenue of 132.368 billion yuan [2]