Xin Lang Cai Jing·2026-02-12 12:12Group 1: Company Performance - The company plans to hold a board meeting on March 26, 2026, to review and approve the annual performance announcement for the year ending December 31, 2025, and to propose a final dividend if applicable [2][6] Group 2: Project Advancement - The company continues to layout resource projects through overseas acquisitions and collaborations. The full acquisition of the Cascabel copper-gold project from SolGold and partnerships in the Ainak copper mine and North Peru mining projects are expected to progress, potentially increasing self-produced copper output and resource reserves. The company adheres to a "resource-first" strategy, which is anticipated to enhance long-term resource security [3][7] Group 3: Industry Policies and Environment - The China Nonferrous Metals Industry Association has stated that it will solidly advance the governance of copper smelting capacity, having already halted over 2 million tons of copper smelting projects. This policy may optimize the industry supply-demand structure and provide potential support for leading enterprises. The association will continue to cooperate with relevant departments to strictly control new capacity [4][8]