研报掘金丨西部证券：维持金诚信“买入”评级，矿服业务业绩确定性增强

Core Viewpoint - The report from Western Securities indicates that Jinchengxin has secured three significant mining contracts, enhancing the certainty of its mining service business performance [1] Group 1: Contract Details - Jinchengxin and its subsidiaries have recently secured three mining contracting agreements with a total estimated value of 1.074 billion yuan [1] - The contracts cover multiple mineral types, including iron ore and lead-zinc, with a duration of 1 to 4 years [1] - Long-term contracts (5.10 billion yuan for Su Bei Bolun and 4.57 billion yuan for Sichuan Xinyuan) account for 9.67 billion yuan, representing 90.0% of the total contract value [1] Group 2: Future Growth Prospects - The future growth of the mining service business is expected to be supported by the recovery of production at the Kakula mine and the gradual ramp-up at the Komakau copper mine [1] - Long-term projects such as the L Mine East Zone, Lubanbi copper mine, and the San Matias project in Colombia are anticipated to contribute additional growth [1] - The company has clear expansion plans in place [1]