Core Viewpoint - Lingbao Gold has issued a positive profit forecast, expecting a net profit of no less than 380 million yuan in the third quarter of 2025, driven by production optimization, cost reduction measures, and rising gold prices [1] Financial Performance - In the first half of 2025, Lingbao Gold reported total revenue of 7.793 billion yuan and a net profit of 670 million yuan, representing a year-on-year increase of 338.91% [1] - The net profit for the first three quarters of 2025 is projected to exceed 1.05 billion yuan, surpassing the total net profit of 699 million yuan for the entire year of 2024 [1] - Since 2024, Lingbao Gold has experienced rapid growth in revenue and profit, with a focus on quality improvement and cost control as core operational philosophies [1] Cost Control and Efficiency - The company aims to set the gold production cost at approximately 300 yuan per gram in 2025, reflecting effective cost control measures [1] Strategic Development - Lingbao Gold is advancing resource exploration, planning to complete 150,000 meters of drilling and 270,000 meters of exploration pits in 2025 to establish a resource foundation for sustainable development [2] - The company has formed an overseas operational team to explore resource projects in Oceania, Africa, Southeast Asia, and Central Asia, seeking new growth opportunities [2] - Lingbao Gold is actively promoting intelligent transformation and mechanization upgrades to enhance production safety and operational efficiency [2]