Core Viewpoint - The report from CICC indicates that Zijin Mining's mid-year performance met expectations, with significant revenue and profit growth [1] Financial Performance - Zijin Mining achieved operating revenue of 167.71 billion RMB in the first half of the year, representing a year-on-year increase of 11.5% [1] - The company reported a net profit attributable to shareholders of 23.29 billion RMB, which is a year-on-year increase of 54.41% [1] Future Outlook - CICC forecasts a systematic increase in the company's copper, gold, and lithium production in the future, leading to accelerated performance [1] - The net profit forecasts for the next two years have been raised by 9% and 22%, reaching 45.8 billion RMB and 54.8 billion RMB respectively [1] Ratings and Target Price - CICC maintains a rating of "A-share +1.130" and "H-share outperforming the industry" for Zijin Mining [1] - The target price for H-shares has been increased by 40.1% to 30 HKD, considering the upward adjustment in valuation for the resource sector in both A-shares and H-shares [1]