NONFEMET(SZ:000060) Zheng Quan Shi Bao Wang·2025-08-29 12:45Core Viewpoint - The company reported a slight increase in revenue and net profit for the first half of 2025, indicating resilience amid challenging market conditions in the non-ferrous metals sector [1]. Group 1: Financial Performance - In the first half of 2025, the company achieved an operating income of 31.089 billion yuan, a year-on-year increase of 1.54% [1]. - The net profit attributable to shareholders was 559 million yuan, reflecting a year-on-year growth of 3.12% [1]. Group 2: Production and Operations - The company faced challenges such as tight supply of lead, zinc, and copper concentrates, and declining processing fees for smelting enterprises, prompting a series of cost-reduction and efficiency-enhancement initiatives [2]. - The production of lead and zinc metal from mining enterprises reached 125,400 tons, with domestic mining enterprises contributing 76,000 tons [2]. - The smelting enterprises produced a total of 447,800 tons of copper, lead, and zinc products, including 240,200 tons of cathode copper and 207,600 tons of lead and zinc products [2]. - Additional production figures included 100,250 tons of industrial sulfuric acid, 16,400 tons of sulfur, 56 tons of silver, 34 kilograms of gold, 8,170 tons of gallium, and 7,840 tons of germanium concentrate [2]. Group 3: Strategic Initiatives - To support long-term stable development, the company plans to issue non-public shares to its controlling shareholder, Guangsheng Holdings Group, to raise up to 1.5 billion yuan, which will be used to supplement working capital and repay bank loans [3]. - The financial support from Guangsheng Holdings Group is expected to help reduce the company's debt-to-asset ratio and alleviate working capital pressures, thereby optimizing its business layout in the lead, zinc, and copper industry [3].