Xin Lang Cai Jing·2025-12-29 13:45Group 1 - Company Luoyang Molybdenum (603993.SH) is scheduled to release its 2025 annual report on March 28, 2026 [1][6] - For Q4 2025, the expected revenue is projected to be between 181.73 billion to 264.12 billion yuan, with a year-on-year change of -14.7% to 24.0% [2][6] - The expected net profit for Q4 2025 is forecasted to be between 16.26 billion to 20.67 billion yuan, representing a year-on-year growth of 20.2% to 52.8% [2][6] Group 2 - According to Minsheng Securities, Luoyang Molybdenum's production in 2024 is expected to exceed forecasts, with copper and cobalt production increasing significantly by 55% and 106% year-on-year, respectively [4][8] - The company’s production capacity for copper and cobalt has surpassed annual production targets, achieving completion rates of 114.1% and 163.1% [4][8] - The company aims for a copper production target of 800,000 to 1,000,000 tons and cobalt production of 90,000 to 100,000 tons over the next five years [4][9] Group 3 - Guosheng Securities anticipates a significant increase in Luoyang Molybdenum's net profit for 2024, estimating it to reach between 12.8 billion to 14.2 billion yuan, a year-on-year increase of 55.2% to 72.1% [5][9] - The company is expected to see a quarter-on-quarter net profit growth of 58.6% to 107.6% in Q4 2024 [5][9] - The company has signed a cooperation agreement for the Nzilo_II hydropower station to ensure power supply, and projects TFM and KFM are progressing smoothly [10]