Core Viewpoint - The company has approved several key resolutions during its board meeting, including production guidance for 2026, investment strategies for idle funds, and financial performance forecasts for 2025, indicating a strong operational outlook and strategic financial management. Group 1: Production and Financial Guidance - The company expects to achieve a net profit attributable to shareholders of between RMB 20 billion and 20.8 billion for 2025, representing an increase of RMB 6.468 billion to 7.268 billion, or a year-on-year growth of 47.80% to 53.71% [27][29] - The expected net profit after deducting non-recurring gains and losses is projected to be between RMB 20.4 billion and 21.2 billion, reflecting an increase of RMB 7.281 billion to 8.081 billion, or a year-on-year growth of 55.50% to 61.60% [27][29] - The significant increase in 2025 performance is attributed to a rise in both volume and price of major products, along with effective cost control [33] Group 2: Investment Strategies - The company plans to use idle funds to purchase structured deposits, with a maximum balance of RMB 20 billion, aiming for higher returns than standard bank deposit rates [5][6] - The company will also invest in high-credit, liquid financial instruments, with a similar maximum investment limit of RMB 20 billion for wealth management or entrusted financial products [10][11] - The board has authorized the management to make decisions regarding these investments within the approved limits, ensuring that daily operational needs and fund safety are prioritized [5][10] Group 3: Risk Management and Financial Stability - The company has approved a plan to engage in futures and derivatives trading to hedge against risks related to commodity prices, exchange rates, and interest rates, with a cap on margin and premium usage not exceeding 30% of the latest audited net profit [39][41] - The trading will be conducted with qualified domestic and international financial institutions, ensuring that the company maintains a robust risk management framework [43][44] - The company has established internal controls and risk assessment measures to monitor and manage potential risks associated with these financial activities [50][51] Group 4: Corporate Governance and Shareholder Engagement - The board has proposed to authorize the distribution of interim and quarterly dividends for 2026, subject to shareholder approval, to enhance operational efficiency [22] - The company has also adjusted the remuneration for independent directors to HKD 500,000 per year, reflecting a commitment to align compensation with industry standards [23] - All resolutions passed during the board meeting require shareholder approval, ensuring transparency and accountability in corporate governance [14][20]

Core Viewpoint - Luoyang Molybdenum Co., Ltd. plans to use no more than 20 billion RMB of its idle funds for wealth management and entrusted wealth management products, pending shareholder approval [1][4]. Group 1: Investment Plan - The company and its wholly-owned and controlling subsidiaries intend to invest in high-security, liquid wealth management or entrusted wealth management products, excluding structured deposits [4]. - The total investment balance for these products shall not exceed 20 billion RMB (or equivalent foreign currency), with the investment period effective from the date of approval at the 2025 annual general meeting until the 2026 annual general meeting [4]. - The board of directors approved this proposal on January 15, 2026, and it will be submitted for shareholder approval [4]. Group 2: Risk and Returns - The wealth management and entrusted wealth management products are considered to have controllable risks, although the returns may experience slight fluctuations that could impact the company's overall wealth management income [4].

Core Viewpoint - Luoyang Molybdenum announced the approval of a proposal to use idle self-owned funds for purchasing wealth management or entrusted financial products, with a maximum investment balance of RMB 20 billion [1] Group 1: Proposal Details - The company and its wholly-owned and controlling subsidiaries plan to invest in high-security, high-liquidity financial products, excluding structured deposits [1] - The investment balance for these financial products must not exceed RMB 20 billion (or equivalent foreign currency) and can be rolled over [1] - The proposal is subject to approval at the company's shareholder meeting, with the effective period from the approval date at the 2025 annual shareholder meeting until the 2026 annual shareholder meeting, not exceeding 12 months [1]

Core Viewpoint - Luoyang Molybdenum Co., Ltd. plans to invest up to RMB 20 billion in high-security, liquid financial products using idle funds, with the investment period spanning from the approval at the 2025 annual shareholders' meeting to the 2026 annual shareholders' meeting [1] Group 1 - The company and its wholly-owned and controlling subsidiaries will selectively purchase financial products [1] - The investment balance will not exceed RMB 20 billion or its equivalent in foreign currency [1] - The investment authorization is valid from the approval date until the next annual shareholders' meeting [1]

Core Viewpoint - Luoyang Molybdenum Co., Ltd. plans to invest up to RMB 20 billion in high-security, liquid financial products using idle funds, with the investment period from the approval of the 2025 annual shareholders' meeting to the 2026 annual shareholders' meeting [1] Group 1 - The company and its wholly-owned and controlling subsidiaries will selectively and gradually purchase financial products [1] - The investment balance will not exceed RMB 20 billion or its equivalent in foreign currency [1] - The validity period for the investment limit is from the approval date of the 2025 annual shareholders' meeting until the 2026 annual shareholders' meeting [1]