Core Viewpoint - Jinwei Mining Co., Ltd. reported a revenue of 792 million yuan for the first half of 2025, marking a 10.5% year-on-year increase, and a net profit of 253 million yuan, up 19.62% year-on-year, while announcing a cash dividend of 2 yuan per 10 shares [1][3] Group 1: Financial Performance - The company achieved a revenue of 792 million yuan in H1 2025, reflecting a 10.5% increase compared to the previous year [1] - The net profit attributable to shareholders reached 253 million yuan, representing a year-on-year growth of 19.62% [1] - The company plans to distribute a total cash dividend of approximately 196 million yuan (including tax) to shareholders [1][3] Group 2: Operational Highlights - Jinwei Mining's main business includes the exploration, mining, processing, and sales of lead, zinc, and silver, with a production capacity of 178,000 tons per year [1] - The increase in revenue is primarily driven by higher production and sales volumes of zinc, with production reaching 33,400 tons and sales at 33,300 tons, marking increases of 8.81% and 9.66% respectively [1] - The company is actively engaged in resource integration, with significant progress in the construction of the Xiejiaogou flotation plant, expected to meet trial production conditions by the end of 2025 [4] Group 3: Strategic Acquisitions - Jinwei Mining announced plans to acquire the remaining 51% stake in Gansu Haosen Mining Co., Ltd. for 380 million yuan, aiming for full control of this key resource platform [1][4] - The acquisition is expected to enhance the company's resource integration and operational efficiency, with significant potential for future resource development [5] - The acquired mining rights are projected to contribute stable profits starting from 2027, with a commitment from the seller to ensure a minimum net profit of 102 million yuan annually for three years post-2027 [5] Group 4: Innovation and Market Position - The company has undertaken 12 research projects in various fields, resulting in the acquisition of one invention patent and two utility model patents, showcasing its commitment to technological innovation [2] - Despite fluctuations in zinc and lead prices, Jinwei Mining has demonstrated resilience and growth, attributed to its strong resource reserves and effective cost management [2]
金徽股份上半年净利润同比增长19.62%