Core Viewpoint - Jinchengxin (603979.SH) is solidifying its sustainable development in the mining sector by issuing convertible bonds to raise up to 2 billion yuan for investment in various projects, including the Zambia Luban Copper Mine [1][2] Group 1: Financial Performance - From 2022 to 2024, the company's net profit is projected to increase from 611 million yuan to 1.584 billion yuan, representing a growth of 159.25% [1][5] - For the first half of 2025, the company expects a net profit of 1.07 billion to 1.12 billion yuan, with a year-on-year increase of 74.62% to 82.78% [1][6] - Revenue is anticipated to grow from 5.355 billion yuan in 2022 to 9.942 billion yuan in 2024, marking an increase of 85.66% [5] Group 2: Investment and Projects - The company plans to allocate 800 million yuan for the Zambia Luban Copper Mine project, which has a designed capacity of 2.5 million tons per year but has not yet reached production [2] - The project is expected to yield a post-tax internal rate of return of 17.36% and a payback period of 7.4 years [2] - Jinchengxin has expanded its resource projects to five across four countries, focusing on copper, silver, gold, and phosphate mining [3] Group 3: Market Expansion - Jinchengxin has been active in overseas markets for over 20 years, with foreign revenue reaching 7.038 billion yuan in 2024, accounting for 70.78% of total revenue [1][4] - The company has made significant investments in projects such as the Congo (DRC) Lonshi Copper Mine and the Alacran copper-gold-silver mine in Colombia [4]

证券代码：920019 证券简称：铜冠矿建 公告编号：2025-037 铜陵有色金属集团铜冠矿山建设股份有限公司 □媒体采访 □现场参观 □新闻发布会 □分析师会议 □路演活动 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 投资者关系活动类别 □特定对象调研 √业绩说明会 □其他 二、 投资者关系活动情况 活动时间：2025 年 5 月 16 日 活动地点：中证网中证路演中心（https://www.cs.com.cn/roadshow） 上市公司接待人员：公司董事、总经理王卫生先生，副总经理、财务总监姚 俊杰先生，副总经理、董事会秘书刘国泽先生，公司保荐代表人许刚先生 三、 投资者关系活动主要内容 公司管理层对公司基本情况以及 2024 年度经营业绩进行了介绍并就投资者 关心的问题开展交流，主要问题及回复概要如下： 问题 1：请问贵公司本期盈利水平如何？ 参会单位及人员：通过网络方式参加公司 2024 年年度报告业绩说明会的投 资者 回复：本期实现营业收入 13.95 亿 ...

Core Viewpoint - Jinchengxin (603979.SH) is intensifying its overseas mining layout by acquiring a 5% stake in Colombia's CMH company and investing $231 million in the Alacran copper-gold-silver mine project [2][3][5]. Group 1: Acquisition and Investment - The company plans to acquire an additional 5% stake in CMH for $10 million, with potential additional payments of $4.4 million or $15.4 million, aiming to gain control over the San Matias project, which includes the Alacran mine [3][4]. - Jinchengxin will invest approximately $231 million in the construction of the Alacran open-pit mining project, contingent upon completing the acquisition of CMH [3][4]. Group 2: Business Performance - Jinchengxin has shown consistent growth in revenue and net profit from 2017 to 2024, with revenue increasing from 2.44 billion yuan in 2017 to 9.94 billion yuan in 2024, a growth of approximately 307% [6][7]. - The net profit also saw significant growth, rising from 205 million yuan in 2017 to 1.584 billion yuan in 2024, an increase of over 600% [6][7]. - In Q1 2025, the company reported revenue of 2.811 billion yuan, a year-on-year increase of 42.49%, and a net profit of 422 million yuan, up 54.10% [7]. Group 3: Resource Development and R&D - The company has expanded its resource projects to five across four countries, focusing on copper, silver, gold, and phosphate production [5][6]. - Jinchengxin's resource sales revenue reached 3.209 billion yuan in 2024, a staggering increase of 412.85% year-on-year, contributing to 32.28% of total revenue [8]. - The company has invested 450 million yuan in R&D over the past five years, maintaining a leading position in geological exploration technology [8][9].