调研速递|云南铜业接受大成基金等8家机构调研，透露多项关键要点

Group 1 - The core viewpoint of the news is that Yunnan Copper Co., Ltd. has demonstrated strong operational performance in the first half of 2025 despite challenges in raw material supply and low copper market TC prices [2] - The company achieved a revenue of 88.913 billion yuan, a year-on-year increase of 4.27%, and a net profit attributable to shareholders of 1.317 billion yuan, a year-on-year increase of 24.32% [2] - The company is in the process of acquiring a 40% stake in Liangshan Mining, which will enhance its competitive strength and resolve industry competition issues [3] Group 2 - Yunnan Copper emphasizes resource acquisition and mining resource replacement, with a copper resource ore volume of 956 million tons and a metal volume of 3.6137 million tons as of June 30, 2025 [4] - The company has implemented various cost-reduction strategies in response to declining copper smelting TC prices, including smart transformation and increasing urban mining procurement [4] - The company produced 2.8629 million tons of sulfuric acid in the first half of 2025, benefiting from rising sulfuric acid prices in major regions [4]