Core Viewpoint - Jinmoly Co., Ltd. (stock code: 601958) reported a revenue of 6.959 billion yuan in the first half of 2025, representing a year-on-year growth of 5.55%. However, the net profit decreased by 8.45% to 1.38 billion yuan [1]. Financial Performance - The company achieved an operating income of 6.959 billion yuan, which is a 5.55% increase compared to the previous year [1]. - The net profit for the period was 1.38 billion yuan, reflecting a decline of 8.45% year-on-year [1]. - The basic earnings per share also saw a year-on-year decrease due to the decline in net profit attributable to shareholders [1]. Strategic Developments - During the reporting period, the company focused on its development strategy by increasing the reserve of raw materials for high value-added products [1]. - The sales volume in the processing segment experienced a slight decline, which contributed to the overall decrease in total profit and net profit attributable to shareholders [1].

智通财经7月14日电，洛阳钼业(603993.SH)发布2025年半年度业绩预告，预计归属于上市公司股东的净 利润为82亿元到91亿元，同比增加51.37%到67.98%。主要原因是主要产品铜钴价格同比上升，叠加铜 产品产销量增长，带动业绩提升。公司主要产品产量实现增长，其中铜金属产量同比增长约12.68%， 钴金属产量同比增长约13.05%。 洛阳钼业：上半年净利同比预增51.37%-67.98% ...

Meeting Overview - The annual general meeting of shareholders was held on June 24, 2025, at the company's headquarters in Xi'an [2] - The meeting was convened by the board of directors and chaired by the chairman, Yan Ping, using a combination of on-site and online voting methods [2] Attendance - Out of 9 current directors, 8 attended the meeting, with one director absent due to work commitments [3] - Out of 3 current supervisors, 2 attended, with one supervisor absent for the same reason [3] - The board secretary and other senior executives were present, while the deputy general manager was absent due to work commitments [3] Resolutions Passed - The following non-cumulative voting resolutions were approved: - 2024 Annual Board Work Report [4] - 2024 Annual Supervisory Board Work Report [4] - 2024 Annual Report and its Summary [5] - 2024 Financial Settlement and 2025 Financial Budget Report [5] - 2024 Profit Distribution Plan [5] - 2025 Daily Related Transactions Plan [5] - 2025 Investment Plan for Technological Transformation, Safety, Environmental Protection, Digitalization, and Equipment Updates [5] - Appointment of the auditing firm for 2025 [5] - Amendment of the Articles of Association to abolish the Supervisory Board [5] Voting Procedures - The voting process complied with the Company Law and the Articles of Association, ensuring legality and validity [2][7] - The controlling shareholder, Jinduicheng Molybdenum Group Co., Ltd., abstained from voting on the related transaction proposal due to legal requirements [6] Legal Verification - The meeting was witnessed by Beijing Guantao (Xi'an) Law Firm, confirming that the meeting's procedures and voting results were lawful and valid [7] Documentation - The resolutions from the annual general meeting and the legal opinion from the law firm are available for review [8][9]

Core Points - The company announced a cash dividend of 0.255 CNY per share (including tax) for A shares [1][2] - The dividend distribution was approved at the annual shareholders' meeting held on May 30, 2025 [1][2] - The record date for the dividend is June 26, 2025, with the ex-dividend date and payment date both set for June 27, 2025 [1][4] Dividend Distribution Details - The total number of shares eligible for the dividend distribution is 21,499,240,619, with A shares accounting for 17,460,842,176 after excluding 104,930,443 shares held in the buyback account [2][3] - The total cash dividend to be distributed amounts to approximately 5.46 billion CNY, with 4.45 billion CNY allocated to A shares [2][3] - The calculation for the ex-dividend reference price for A shares is based on the formula: (previous closing price - cash dividend) / (1 + change in circulating shares ratio) [2][3] Taxation and Payment Procedures - Individual shareholders and mutual funds will have their tax liabilities calculated based on their holding periods, with a tax rate of 20% for holdings of one month or less and 10% for longer periods [4][5] - Qualified Foreign Institutional Investors (QFIIs) will have a uniform withholding tax rate of 10% applied to their dividends [5] - For investors in Hong Kong's Stock Exchange (including both individuals and corporations), the actual cash dividend after tax will be 0.2295 CNY per share [5][6]

Core Viewpoint - The inclusion of the journal "China Molybdenum" in the Chemical Abstracts Service (CAS) database marks a significant milestone for the journal, enhancing its international visibility and expanding the dissemination of its academic achievements [2][3]. Group 1: Journal Recognition - "China Molybdenum" has been officially included in the CAS database, indicating a solid step towards international recognition in the field of chemistry [2]. - CAS is recognized as the world's most authoritative chemical information organization, established in 1907, and is dedicated to collecting and organizing disclosed chemical substance information [2]. Group 2: Contribution and Quality Control - The successful inclusion of "China Molybdenum" is a result of collaborative efforts from various stakeholders, including editorial committee experts, reviewers, and authors dedicated to high-quality research in the molybdenum and related non-ferrous metals fields [3]. - The editorial committee maintains strict academic quality control, ensuring the reliability of the journal's published research [3]. Group 3: Future Directions - The journal aims to continue focusing on the molybdenum and related non-ferrous metals sectors, keeping pace with industry trends and enhancing its academic standards [3]. - "China Molybdenum" is committed to contributing to the high-quality development of the molybdenum industry and striving towards higher international academic goals [3].

Core Viewpoint - The company is set to hold its 2024 Annual General Meeting, where various proposals will be discussed, including the board and supervisory reports, financial results, and future plans for investment and governance [1][2]. Group 1: Board of Directors Report - The company achieved a record high in operational performance despite a decline in molybdenum prices, with a 2.95% increase in molybdenum concentrate production and a 25.73% increase in total sales volume [4][6]. - The total revenue for the year reached 13.571 billion yuan, with a profit of 3.901 billion yuan, completing the annual operational goals [4][6]. - The company has implemented a "four modernization" project management system, investing 369 million yuan in fixed assets, and has made significant progress in resource acquisition and market expansion [4][6]. Group 2: Financial Results and Budget - The company reported total assets of 20.638 billion yuan, a year-on-year increase of 12.82%, and a net asset value of 17.013 billion yuan, up 11.09% [4][6]. - The financial report for 2024 indicates a focus on maintaining revenue growth and cost control, with a target revenue of 13 billion yuan for 2025 [21][22]. - The proposed profit distribution plan for 2024 includes a cash dividend of 4 yuan per 10 shares, totaling approximately 239.85 million yuan [23]. Group 3: Governance and Compliance - The company has strengthened its governance framework, implementing a comprehensive compliance management system and enhancing the decision-making process [6][8]. - The supervisory board has conducted regular meetings to ensure compliance with laws and regulations, maintaining transparency and accountability in financial reporting [16][17]. - The company plans to revise its articles of association to align with new regulatory requirements and improve operational efficiency [26]. Group 4: Future Plans - The company aims to enhance its industrial layout and accelerate transformation, focusing on quality improvement and project implementation [10][11]. - There is a commitment to technological innovation and risk management, with plans to invest in key projects and improve internal controls [12][13]. - The company is also looking to strengthen its market position through strategic resource acquisitions and international trade initiatives [13][14].

Core Viewpoint - Luoyang Molybdenum Group Co., Ltd. plans to cancel repurchased shares and reduce registered capital, following the approval of relevant board meetings [1][2]. Group 1: Share Cancellation and Capital Reduction - The company will cancel 104,930,443 shares from its repurchase account, reducing total share capital from 21,499,240,619 shares to 21,394,310,176 shares [1]. - Registered capital will decrease from 4,299,848,123.8 yuan to 4,278,862,035.2 yuan as a result of the share cancellation [1]. Group 2: Notification to Creditors - The company notifies creditors that they have 30 days from receiving the notice, or 45 days from the announcement date if no notice is received, to claim debts or request guarantees [2]. - Creditors must provide valid debt documents and related evidence to the company to exercise their rights [2].

Group 1 - The legal opinion letter is issued by Shanghai Tongli Law Firm regarding the amendment proposal of the Articles of Association of Luoyang Luanchuan Molybdenum Industry Group Co., Ltd. [2][4] - The proposal involves changes to the company's registered capital and the Articles of Association, which have been approved by the company's board and various shareholder meetings [3][4] - The registered capital is revised from RMB 4,299,848,123.8 to RMB 4,278,862,035.2, and the total number of shares is adjusted from 21,499,240,619 to 21,394,310,176 [3][4] Group 2 - The proportion of A-shares is reduced from 81.70% to 81.61%, while the proportion of H-shares increases from 18.30% to 18.39% [3] - The legal opinion confirms that the amendment proposal complies with the relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [4]

Core Viewpoint - The legal opinion letter confirms that the procedures for the shareholder meetings of Luoyang Luanchuan Molybdenum Co., Ltd. are in compliance with relevant laws and regulations, and the voting results are valid and legal [1][10]. Group 1: Meeting Procedures - The company has announced the shareholder meetings for 2024 and 2025, ensuring that all shareholders were notified at least twenty days prior to the meetings [2][3]. - The meetings will be conducted through a combination of on-site and online voting, with specific time slots designated for each voting method [3]. Group 2: Attendance and Voting - A total of 2,891 participants attended the 2024 annual meeting, representing 13,516,493,507 shares, which is 63.18% of the total voting shares [3]. - For the 2025 first A-share meeting, 2,888 participants represented 11,872,268,852 shares [4]. - The 2025 first H-share meeting had 3 participants representing the voting shares [5]. Group 3: Voting Results - The voting for the 2024 annual meeting included several key proposals, all of which were approved, including the annual report and profit distribution plan [6][9]. - The voting results for the 2025 first A-share and H-share meetings also showed that all proposed resolutions were passed, including capital reduction and amendments to the company’s articles of association [8][9]. Group 4: Legal Conclusion - The legal opinion concludes that the convening, attendance, and voting procedures of the shareholder meetings are in accordance with the law and the company's articles of association, affirming the legality of the voting results [10].

Core Viewpoint - Luoyang Shenglong Mining Group Co., Ltd. (hereinafter referred to as "Shenglong Co.") has received acceptance for its main board IPO, with Guotou Securities as the sponsor and Ernst & Young as the accounting firm. The company is a leading large-scale molybdenum enterprise in China, focusing on the comprehensive development and utilization of non-ferrous metal mineral resources, primarily producing, processing, and selling molybdenum-related products [3]. Company Overview - Shenglong Co. holds rich resource reserves, with five large and medium-sized molybdenum mining rights as of the end of 2024, including four mining rights and one exploration right. The company possesses a molybdenum metal amount of 710,500 tons, accounting for approximately 9.10% of the national molybdenum resource reserves [3]. Financial Performance - The total assets of Shenglong Co. are projected to reach 6.89 billion yuan by December 31, 2024, up from 6.04 billion yuan in 2023 and 4.83 billion yuan in 2022. The company's operating income is expected to grow from 1.91 billion yuan in 2022 to 2.86 billion yuan in 2024 [4]. - The net profit attributable to the parent company is forecasted to increase from 344 million yuan in 2022 to 757 million yuan in 2024, with a net profit margin showing a consistent upward trend [4]. Shareholding Structure - Guosheng Group directly holds 411.67 million shares, representing 25.40% of the total share capital. Through its second-largest shareholder, the Nonferrous Group, and the third-largest shareholder, Luoyang Urban Construction, it indirectly controls 617.50 million shares, totaling 38.09% of the total share capital [5][6]. - Guosheng Group collectively controls 1.03 billion shares, accounting for 63.49% of the total share capital, making it the controlling shareholder of Shenglong Co. [6]. Management Team - The chairman of Shenglong Co. is Lu Youxia, who has extensive experience in finance and management within the industry. The financial director and board secretary is Huang Lijuan, a certified public accountant with a strong background in financial management [7][8].