Core Viewpoint - China Uranium Corporation officially listed on the Shenzhen Stock Exchange, becoming the first natural uranium stock in the A-share market, with a significant opening price increase and high trading volume [1][3]. Company Overview - China Uranium is a key subsidiary of China National Nuclear Corporation (CNNC), primarily engaged in the mining, sales, and trade of natural uranium resources, as well as the comprehensive utilization of associated radioactive mineral resources [3][4]. - The company holds 19 mining rights and 6 exploration rights across uranium-rich regions in China, including Xinjiang, Inner Mongolia, Guangdong, and Hunan [3]. Financial Performance - The company reported projected revenues of 10.535 billion yuan, 14.8 billion yuan, and 17.279 billion yuan for the years 2022 to 2024, with net profits of 1.52 billion yuan, 1.51 billion yuan, and 1.71 billion yuan respectively [6][7]. - The compound annual growth rates for revenue and net profit over the last three years were 28.07% and 6.12% respectively [6]. IPO and Future Plans - The IPO proceeds will be directed towards domestic natural uranium operations and the comprehensive utilization of associated radioactive mineral resources, as well as enhancing liquidity [3][4]. - The company aims to strengthen its strategic position as a "nuclear power granary" and enhance its capabilities in supporting national energy security [4][7]. Technological Advancements - China Uranium has developed advanced in-situ leaching technologies for complex sandstone-type uranium ores and has pioneered resource recovery technologies for associated minerals [4]. - The company has achieved rapid production milestones, exemplified by the "National Uranium No. 1" demonstration project, which produced its first uranium product within a year of construction [4].
“天然铀第一股”开门红，中国铀业首日涨超280%