GuoCheng Mining(SZ:000688) Xin Lang Zheng Quan·2025-09-12 13:12Core Viewpoint - The company held an investor meeting to discuss business progress and future plans, highlighting significant developments in its mining and lithium projects [1][2]. Group 1: Business Developments - The Jin Xin Mining's Daba lithium mine project has passed the expert review by the Ministry of Natural Resources, meeting the key requirements for a mining license of 5 million tons per year [1]. - The construction of the 5,000 tons per day beneficiation plant is nearly complete, with plans for trial operations to begin soon, aiming for an annual production capacity of 1 million tons [1]. - The company is actively pursuing resource expansion within its mining rights and optimizing production processes for its titanium dioxide project to enhance market competitiveness [2]. Group 2: Financial Performance - In the first half of 2025, the company's net profit attributable to shareholders surged by 1,111.34% to 521 million yuan, primarily due to a one-time investment gain from the sale of a 65% stake in Yubang Mining, amounting to 786 million yuan [2]. - The operating cash flow for the first half of the year was negative 341 million yuan, mainly due to significant upfront payments for various projects [2]. Group 3: Future Plans and Investor Engagement - The company is committed to enhancing shareholder value and investment returns by focusing on production and operational improvements [3]. - Ongoing audits, evaluations, and due diligence are being conducted for the restructuring project involving Guocheng Industrial [3].