Zhi Tong Cai Jing·2026-01-26 03:55Core Viewpoint - China Metallurgical Group Corporation (China MCC) announced a share buyback plan and projected a significant decline in net profit for 2025, indicating potential challenges ahead for the company [1] Group 1: Share Buyback Announcement - China MCC plans to repurchase A-shares worth between 1 billion to 2 billion RMB, with a maximum buyback price of 4.9 RMB per share [1] - In December, China MCC had previously announced a buyback plan of up to 2.5 billion RMB for both A-shares and H-shares [1] - The repurchased shares will be fully canceled, leading to a reduction in the company's registered capital [1] Group 2: 2025 Profit Forecast - China MCC forecasts a net profit attributable to shareholders of 1.3 billion to 1.6 billion RMB for 2025, representing a year-on-year decrease of 76.28% to 80.73% [1] - The company expects a net profit, excluding non-recurring gains and losses, of 400 million to 600 million RMB for 2025, reflecting a year-on-year decline of 88.24% to 92.16% [1]