Core Points - The company plans to increase the registered capital of its wholly-owned subsidiary, Yitong International, from 20 million yuan to 50 million yuan to support its operational development [1][2] - The capital increase will be funded by the original shareholders in proportion to their existing shareholdings, with the company’s subsidiary, Zhongyuan Investment, and Ruiyuan Investment each contributing 15 million yuan [1][2] - After the capital increase, the company's ownership stake in Yitong International will remain at 50% [1][2] Related Transactions Overview - The transaction constitutes a related party transaction, although Yitong International is not classified as a related party under the Shanghai Stock Exchange rules due to the involvement of a company executive as a supervisor [2] - The capital increase has been approved by the company's independent directors, audit committee, and board of directors, and does not require shareholder meeting approval [1][2][5] Financial Information of Yitong International - As of December 31, 2024, Yitong International reported total assets of 47.34 million yuan, total liabilities of 19.81 million yuan, and net assets of 27.53 million yuan, with an operating income of 782.34 million yuan and a net profit of 2.77 million yuan for the year [3] - As of March 31, 2025, the company reported total assets of 50.68 million yuan, total liabilities of 20.92 million yuan, and net assets of 29.75 million yuan, with an operating income of 413.44 million yuan and a net profit of 2.22 million yuan for the first quarter [3] Impact on the Company - The capital increase aligns with the company's overall interests and development strategy, and it will not significantly impact the company's financial status, operating results, or ongoing viability [4][5] - The transaction is structured to ensure fairness and does not harm the interests of minority shareholders [4][5]

Summary of Key Points Core Viewpoint - The company has provided a guarantee of 10 million yuan for its subsidiary, Anhui Yitong International Resources Co., Ltd., to support its operational needs and ensure stable business development [1][3]. Group 1: Guarantee Details - The guarantee amount is 10 million yuan, with a total guarantee balance of 154,027.28 million yuan as of June 30, 2025 [1][2]. - The company holds a 50% stake in the subsidiary, and the guarantee is provided without any counter-guarantee [1][3]. - The subsidiary has applied for a financing credit of 40 million yuan, with existing shareholders providing proportional guarantees [1][3]. Group 2: Subsidiary Information - Anhui Yitong International Resources Co., Ltd. is registered with a capital of 20 million yuan and operates in various sectors including mineral resource development and sales [2][3]. - As of March 31, 2025, the subsidiary's total assets were 5,067.55 million yuan, with total liabilities of 2,092.37 million yuan, resulting in a net asset of 2,975.18 million yuan [2][3]. Group 3: Board Approval and Risk Assessment - The guarantee has been approved by the company's board of directors and aligns with the company's overall interests and development strategy [3][4]. - The subsidiary is deemed to have the ability to repay its debts, and the guarantee is considered manageable within the company's risk control framework [3][4].

习近平总书记指出，巡视工作要坚持系统观念、发挥综合监督作用，充分用好已有监督成果和监督力 量，形成工作合力。中国矿产资源集团有限公司（以下简称中国矿产）是全新组建的国有重要骨干企 业，承担着保障矿产资源安全、服务行业高质量发展的重要使命。中国矿产党组准确把握巡视监督和审 计监督职能职责，结合企业工作实际，积极探索"巡审联动"监督有效途径，着力推动监督资源整合、力 量融合、效能聚合。 坚持制度先行，构建联动机制 中国矿产党组树立"全面从严、一严到底"鲜明导向，对标一流建设监督体系，研究制定《纪检监察巡视 监督审计监督贯通协调工作办法》，从制度机制层面明确"四个协同"。 计划协同。每年初制定年度监督计划，统筹安排对相关子企业开展现场监督，巡视和审计同步安排、同 时进驻，并将安全环保、法律风控、保密等其他现场检查项目纳入"巡审联动"监督范围，最大程度减轻 子企业负担，提高监督工作效率。 人员协同。建立巡视、审计"双向进入"机制，审计部负责人担任巡视工作领导小组成员和首轮巡视组组 长，巡视办负责人列席重要审计工作会议，及时掌握监督动态。在集团范围内抽调精干力量，组建巡视 人才库和特邀审计员队伍，建立月度学习和年度培训 ...

Group 1 - The security of critical mineral supply chains has become a forefront area of global geopolitical and economic competition, with major economies seeking to reduce strategic dependencies and enhance self-sufficiency in critical supply chains [1][2] - Since 2017, the United States has initiated a process to rebuild critical mineral supply chains, aiming for independence from geopolitical competitors like China, while the EU emphasizes diversification without fully decoupling from China [1][2][34] - The G7 summit in June 2025 highlighted the collaboration among the US and its allies to address China's export controls on critical minerals, particularly rare earths, and initiated a "Critical Minerals Action Plan" [2][30] Group 2 - Critical minerals are defined as non-fuel minerals essential for economic and industrial development, with supply disruptions posing significant risks to economic and national security [3][4] - The list of critical minerals varies by country, with the US identifying 50 minerals in its 2022 final list, while the EU confirmed 34 critical raw materials in its 2024 legislation [4][6] - The global distribution of critical minerals is highly concentrated, with a few countries holding significant reserves and production, leading to increased strategic importance and resource nationalism [7][10] Group 3 - The US has implemented various legislative measures to enhance domestic resource development and strategic reserves, including the Defense Production Act and multiple key mineral-related acts [24][26] - The US has invested over $439 million since 2020 to support the rare earth supply chain, focusing on developing a complete supply chain from mining to processing [27][30] - The US aims to establish a global supply chain network for critical minerals through partnerships and agreements with resource-rich countries, while also increasing tariffs on imports from China [30][31] Group 4 - The EU's strategy emphasizes reducing reliance on single countries and diversifying supply chains, while still maintaining trade relations with China [34][35] - The EU has introduced the Critical Raw Materials Act to enhance local production capabilities and reduce dependency on third countries, aiming for a significant portion of consumption to be met by domestic sources by 2030 [35][36] - The EU is actively limiting Chinese investments in its critical mineral projects through regulatory measures and environmental standards [37] Group 5 - China is responding to the US and EU strategies by consolidating its critical mineral industry, enhancing domestic exploration and investment, and implementing export controls [38][39] - The country has initiated significant investments in mineral exploration and established strategic reserves to secure its supply chains [39][40] - China is also engaging in global resource diplomacy and infrastructure investments to strengthen its position in critical mineral supply chains [41][42]

Core Viewpoint - The Fourth China-Africa Economic and Trade Expo will be held in Changsha, China, focusing on practical outcomes in China-Africa economic cooperation under the theme "China-Africa Joint Action, Dreaming of Modernization" [1] Trade Growth - In 2024, the trade volume between China and Africa is projected to reach $295.6 billion, marking a 4.8% year-on-year increase and setting a historical record for the fourth consecutive year [1] - China imported $116.8 billion from Africa, a growth of 6.9%, and exported $178.8 billion to Africa, a growth of 3.5%, maintaining its position as Africa's largest trading partner for 16 years [1] Investment Cooperation - China remains one of the main sources of foreign investment in Africa, with an average annual direct investment exceeding $3 billion over the past five years [2] - Private enterprises account for over 70% of Chinese investment in Africa, with significant contributions to infrastructure and social projects [2] Trade Promotion Measures - As of December 1, 2024, China will implement a zero-tariff policy on 100% of products for 33 African countries, enhancing trade relations [3] - China's imports from the least developed African countries reached $21.42 billion, a 15.2% increase year-on-year [3] Emerging Fields of Cooperation - In the digital economy, Chinese companies have built several large data centers in Africa, and 5G technology is widely applied in urban management [4] - China has implemented numerous clean energy projects in Africa, contributing to the region's green and low-carbon development [4] Service System Cooperation - China has established a service fund for deepening economic cooperation with Africa and initiated various projects to enhance trade and investment [5] - Over 120 African brand products have entered the Chinese market through the "African Brand Warehouse" project [5] Multilateral Mechanisms - African countries actively participate in various cooperation platforms, including the Belt and Road Initiative and the China-Africa Cooperation Forum, enhancing bilateral trade and investment [6] - The recent U.S. tariff measures have prompted African nations to diversify their trade relationships, with many looking to deepen economic cooperation with China [6]

Group 1 - The report by the China-Australia Chamber of Commerce highlights the strong attractiveness of the Chinese market for Australian companies, particularly in resource industries, agricultural enterprises, and green supply chains [1] - Nearly 70% of foreign companies surveyed consider China as one of the top three global investment destinations for the next three years, with over 75% of foreign companies in China achieving profitability in 2024, a significant increase from 58% in 2023 [2] - The report indicates a strategic adjustment in China-Australia economic cooperation, moving towards a more mature phase with emerging sectors like clean energy technology and biomedicine becoming new growth engines [2] Group 2 - Investment in clean energy, renewable energy, and electric vehicle battery manufacturing from China is aligned with Australia's Future Made in Australia initiative, which aims to enhance key industry sovereignty [3] - Systemic risks affecting future operations and investments include increasing geopolitical uncertainty, rising trade protectionism, and the fragmentation of global supply chains [3] - Companies are not withdrawing from China but are actively adjusting strategies and deepening local partnerships to prepare for a more competitive and complex environment [3]

Core Viewpoint - The article discusses the regulations and calculations related to mining rights and the revenue generated from the sale of mineral products, emphasizing the importance of accurate reporting and compliance with local tax laws [4][6]. Summary by Sections Mining Rights and Revenue - The article outlines the types of mining rights, including exploration rights and mining rights, and the annual revenue generated from these rights [4]. - It specifies that the revenue from mining rights is derived from the sale of mineral products, excluding value-added tax [4]. Calculation of Sales Revenue - The sales revenue from mineral products is defined as the total income received by the mining rights holder from the sale of mineral products to buyers [4]. - The article details the calculation methods for sales revenue, including actual sales and deemed sales, and the importance of using market prices for reporting [4]. Pricing and Reporting - The pricing of mineral products is based on fair market transaction prices, and if there is no actual sales price, the mining rights holder should refer to local or neighboring regions' prices for similar products [4]. - For specific minerals like geothermal and mineral water, the sales revenue is determined based on actual extraction amounts and approved prices [4]. Conversion Factors - The article mentions that if the sold mineral products do not align with the tax assessment objects, the mining rights holder must convert the actual sales revenue into the corresponding sales revenue for the specified assessment objects using conversion factors [4].

中矿资源集团股份有限公司 证券代码：002738 证券简称：中矿资源 公告编号：2025-029 号 中矿资源集团股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 表决情况：同意 9 票，反对 0 票，弃权 0 票。 《中矿资源集团股份有限公司商品期货期权和衍生品套期保值业务管理制 度》与本决议同日刊登于巨潮资讯网（http://www.cninfo.com.cn）。 公司铜矿产资源板块业务顺利推进，产能正在逐渐释放，为降低铜商品市场 价格波动给公司带来的经营风险，公司拟利用金融工具的套期保值功能，对生产 的产品风险敞口择机开展商品期货期权和衍生品套期保值业务，有效降低产品市 场价格波动风险，保障稳健经营。 中矿资源集团股份有限公司 一、董事会会议召开情况 中矿资源集团股份有限公司（以下简称"公司"或"本公司"）第六届董事 会第十七次会议于 2025 年 5 月 19 日以通讯表决的方式召开，会议通知于 2025 年 5 月 16 日通过邮件及书面形式发出。本次会议应参加表决董事 9 名，实际参 加表决董事 9 名。本次会议由公司董事长王平卫先生主 ...

Core Viewpoint - The Ministry of Commerce has initiated a special action to combat the smuggling and illegal export of strategic minerals, emphasizing the importance of export control for national security and development interests [1][2]. Group 1: Background and Rationale - The special action is a response to the discovery of collusion between foreign entities and domestic illegal actors attempting to evade export control measures through smuggling [1]. - The initiative aims to curb the trend of smuggling and ensure that strategic minerals do not flow out illegally, which is critical for maintaining national security [1]. Group 2: Action Plan and Coordination - A meeting was held in Shenzhen on May 9, where the Ministry of Commerce, along with other departments such as the Ministry of Public Security, Ministry of State Security, General Administration of Customs, and State Post Bureau, outlined their roles in the special action [1]. - The departments are required to enhance law enforcement collaboration, intensify efforts to combat smuggling, and create a high-pressure environment to prevent illegal outflow of strategic minerals [1][2]. Group 3: Enforcement Measures - Immediate actions include addressing recent illegal activities in the strategic mineral sector, such as false reporting, concealed smuggling, and transshipment through third countries [2]. - There will be a cross-departmental investigation and case discussions to strengthen port inspections and enforcement actions against smuggling networks [2].