Core Viewpoint - A safety accident occurred at the construction site of Dongsheng Mining, a subsidiary of Shengda Resources, resulting in the death of a rock drill worker. The company has initiated emergency measures and is cooperating with local authorities for investigation and safety improvements [2][4][12]. Summary by Sections Accident Details - On September 11, a rock drill worker from the contractor Zhejiang Zhongye Construction Group was killed due to a roof collapse in a previously supported tunnel. The incident occurred approximately 7 meters from the working face, where a section of rock suddenly fell [4]. - Shengda Resources expressed condolences to the victim's family and emphasized the importance of safety education and hazard identification to prevent future incidents [4]. Company Background - Dongsheng Mining is a secondary subsidiary of Shengda Resources, which indirectly holds shares through Inner Mongolia Yindu Mining. The company has a minority shareholder holding ratio of 30% [9][10]. - Shengda Resources acquired 70% of Dongsheng Mining in 2017 to enhance its resource reserves and profit potential, with the mining area being rich in silver and other metals [11][12]. Financial Performance - In 2024, Shengda Resources reported a revenue of 2.013 billion yuan, a decrease of 10.66% year-on-year, while net profit attributable to shareholders increased by 163.56% to 390 million yuan, primarily due to rising metal prices [15]. - For the first half of 2025, revenue grew by 6.34% to 906 million yuan, but net profit decreased by 3.32% to approximately 70.1 million yuan, attributed to increased taxes and operational challenges [15]. Market Performance - Despite fluctuations in financial performance, Shengda Resources' stock price has surged over 80% this year, closing at 21.63 yuan per share on September 12, with a total market capitalization of 14.9 billion yuan [16].

Group 1 - The company reported a tragic accident involving a worker from its subsidiary, Dongsheng Mining, during construction activities, resulting in a fatality due to a rockfall incident [2][3] - The company has initiated an emergency response plan and is cooperating with local authorities for a thorough investigation of the accident [2][3] - The company expressed condolences to the victim's family and emphasized the importance of safety training and hazard identification to prevent future incidents [3] Group 2 - Dongsheng Mining, which is indirectly held by the company through its subsidiary, has a production capacity of 250,000 tons per year and is currently under construction, not yet operational [4] - The duration of the construction halt will depend on the investigation's progress, but the accident is not expected to significantly impact the company's current operational performance [4] - According to the contract with the construction contractor, all responsibilities and losses related to safety incidents during construction are to be borne by the contractor [4]

Core Viewpoint - A safety accident occurred at the mining site of Dongsheng Mining, a subsidiary of Shengda Resources, leading to a fatality. The company is cooperating with the investigation and has temporarily halted operations at the site [4][5]. Group 1: Accident Details - On September 11, 2025, a roof collapse accident occurred during construction at Dongsheng Mining, resulting in the death of a worker from the contractor Zhejiang Zhongye Construction Group [4][5]. - The accident was caused by a sudden rock fall in a previously supported tunnel, approximately 7 meters from the working face [4][5]. - Dongsheng Mining activated its emergency response plan immediately after the incident, organizing rescue and cleanup efforts while reporting to local emergency management [5]. Group 2: Company Operations and Financials - Shengda Resources specializes in the mining and sales of precious and non-ferrous metals, operating seven subsidiaries, including Dongsheng Mining [7]. - In the first half of 2025, the company achieved a revenue of 906 million yuan, a year-on-year increase of 6.34%, with non-ferrous metal selection revenue rising by 44.24% to 640 million yuan [7]. - The company reported a net profit of 70.1 million yuan, a decrease of 15.03% year-on-year, attributed to increased tax payments and operational challenges in its mining subsidiaries [7]. Group 3: Stock Performance - Shengda Resources' stock has performed strongly, reaching a closing price of 21.63 yuan on September 12, 2025, with a total market capitalization of 14.924 billion yuan [8]. - Since June, the stock price has increased by over 60%, and it has risen more than 80% year-to-date [8].

Core Viewpoint - A safety accident occurred at the mining site of Shengda Resources' subsidiary, Dongsheng Mining, leading to a fatality. The company is cooperating with the investigation and has temporarily halted operations at the site [3][4]. Group 1: Accident Details - On September 11, 2025, a roof collapse accident occurred during construction at Dongsheng Mining, resulting in the death of a worker from the contractor Zhejiang Zhongye Construction Group [3]. - The accident was caused by a sudden rock fall in a previously supported tunnel, approximately 7 meters from the work site [3]. - Dongsheng Mining activated its emergency response plan immediately after the incident, organizing rescue and cleanup efforts [3][4]. Group 2: Company Response and Future Actions - The company expressed condolences to the victim's family and is committed to enhancing safety training and inspections to prevent future incidents [4]. - Dongsheng Mining's construction activities will remain suspended until the investigation is complete, but the accident is not expected to significantly impact the timeline for the mine's completion or the company's current financial performance [4]. Group 3: Financial Performance - Shengda Resources reported a revenue of 906 million yuan for the first half of the year, a year-on-year increase of 6.34%, with a notable 44.24% increase in revenue from non-ferrous metal mining [5]. - The company's net profit attributable to shareholders decreased by 15.03% to 70.1 million yuan due to various operational challenges [5]. - The stock price of Shengda Resources has surged over 80% year-to-date, with a recent closing price of 21.63 yuan and a market capitalization of 14.924 billion yuan [6].

Group 1 - The company announced a safety accident at its under-construction mine, resulting in the death of a worker from the contractor Zhejiang Zhongye Construction Group [1][2] - The accident occurred during the construction phase, specifically in a section of the mine where a rockfall happened, leading to immediate emergency response and reporting to local authorities [1][2] - The company expressed condolences to the victim's family and stated that the investigation into the accident's cause is ongoing, with operations temporarily halted [1][2] Group 2 - The company will ensure that its subsidiary, Dongsheng Mining, and all construction units cooperate with the investigation and enhance safety training to prevent future incidents [2] - Dongsheng Mining, which is indirectly held by the company through its subsidiary Inner Mongolia Yindu Mining, is involved in the construction of a mine with an annual production capacity of 250,000 tons [2] - The company reported that the accident is not expected to have a significant impact on its current operating performance or the timeline for the mine's completion [2] Group 3 - The company primarily engages in the mining and sales of precious and non-ferrous metals, operating seven mining subsidiaries, including Yindu Mining and Dongsheng Mining [3] - Yindu Mining is working on integrating mining rights for the Baiyindaba silver polymetallic mine, aiming to obtain a new mining license in the second half of the year [3] - The company reported an operating income of 906 million yuan for the first half of the year, a year-on-year increase of 6.34%, while the net profit decreased by 4.75% [2][3]

Core Viewpoint - The article discusses a safety accident at Shengda Resources' subsidiary, Dongsheng Mining, which has led to a temporary halt in operations and an ongoing investigation into the incident [1][5]. Group 1: Accident Details - On September 12, Shengda Resources announced that a safety accident occurred at its subsidiary Dongsheng Mining during the construction of a mine, resulting in the unfortunate death of a worker [5]. - The accident involved a rockfall incident in a previously supported tunnel, where a worker was struck by falling debris [5]. - Dongsheng Mining has initiated emergency protocols, including rescue operations and reporting to local emergency management [5]. Group 2: Company Response and Impact - Shengda Resources expressed condolences for the deceased and is committed to cooperating with the investigation while enhancing safety training and inspections to prevent future incidents [5]. - The construction of Dongsheng Mining is currently halted, but the company believes that the accident will not significantly impact the timeline for the mine's completion or its current financial performance [7]. - The responsibility for the accident and any associated losses lies with the construction contractor, Zhejiang Zhongye [7]. Group 3: Financial Performance - Shengda Resources reported a revenue of 906 million yuan for the first half of the year, a year-on-year increase of 6.34%, with significant growth in non-ferrous metal mining revenue [7]. - The company’s net profit attributable to shareholders decreased by 15.03% to approximately 70 million yuan, influenced by various operational challenges [8]. - The company holds a diversified portfolio of mining operations, including silver, lead, zinc, and gold, with ongoing projects and production activities [7].

今日晚间，国内白银龙头企业 盛达资源(000603.SZ)发布公告称，2025年9月11日，公司二级子公司克什克腾旗东晟矿业有限责任公司（简称"东晟矿 业"）矿山建设承包商浙江中冶建设集团有限公司（简称"浙江中冶"）项目部凿岩工在去往作业地点途中，已支护的巷道顶板发生一起顶板冒落事 故。 经初步调查，该起事故系北风井1150中段20线前主运巷道距施工作业面7米左右处，采用5根锚杆支护的巷道右壁顶部局部块状岩石突然脱落， 经过 巷道右侧的1名浙江中冶项目部凿岩工被砸中，经全力抢救后不幸遇难。 事故发生后，东晟矿业立即启动应急预案，开展紧急救援，全力组织抢险、搜救、清理和善后工作，按相关规定与程序向当地应急管理部门报告。 事故具体原因尚待进一步调查，公司将全力配合做好事故调查及后续工作。按照有关规定，东晟矿业井下暂时停工，善后及相关工作正在有序进 行。公司对本次事故遇难人员表示沉痛哀悼，对遇难人员家属表示诚挚慰问。 据东晟矿业与矿山承包方签订的合同,施工期间发生的安全事故的全部责任及损 失等均由承包方承担。 公司将根据本次事故调查处理进展情况及时履行信息披露义务,敬请广大投 资者注意投资风险。 特此公告。 盛达金 ...

Core Viewpoint - The accident at Dongsheng Mining, a subsidiary of Shengda Resources, resulted in the unfortunate death of a worker during construction activities, but it is not expected to significantly impact the company's operational performance or the timeline for the mine's completion [1] Group 1: Accident Details - An accident occurred on September 11, 2025, involving a rock fall in a tunnel supported by five anchor rods, resulting in the death of a Zhejiang Zhongye construction worker [1] - The incident took place approximately 7 meters from the construction site in the main transport tunnel of the North Wind Well [1] Group 2: Company Operations - Dongsheng Mining, which is involved in the construction of a mine, has a production capacity of 250,000 tons per year and is focused on extracting various minerals including silver, lead, zinc, gold, gallium, arsenic, and iron sulfide [1] - The construction work at Dongsheng Mining will be halted pending the investigation into the accident, but it is stated that the accident will not have a major impact on the timeline for the mine's completion or the company's current financial performance [1] Group 3: Liability and Contracts - According to the contract between Dongsheng Mining and the construction contractor, all responsibilities and losses related to safety incidents during the construction period are to be borne by the contractor [1]

Core Viewpoint - Shengda Resources (000603.SZ) reported a fatal accident involving a contractor's worker during mining construction, which is under preliminary investigation and has not significantly impacted the company's operational performance or project timeline [1] Incident Details - The accident occurred on September 11, 2025, when a rockfall incident happened in a tunnel supported by five anchor rods, resulting in the death of a worker from Zhejiang Zhongye Construction Group [1] - The incident took place approximately 7 meters from the construction site in the northern wind well's 1150 middle section [1] Company Operations - Shengda Resources indirectly holds shares in the East Sheng Mining through its subsidiary, Inner Mongolia Yindu Mining Co., Ltd [1] - East Sheng Mining is engaged in the extraction of various minerals, including silver, lead, zinc, gold, gallium, arsenic, and iron sulfide, with an annual production capacity of 250,000 tons [1] - The mining construction is currently ongoing and has not yet commenced production [1] Impact Assessment - The duration of the construction halt will depend on the progress of the accident investigation [1] - The accident is not expected to have a significant impact on the timeline for East Sheng Mining's project completion or on the company's current operational performance [1] - According to the contract with the mining contractor, all responsibilities and losses related to safety incidents during construction are to be borne by the contractor [1]

Core Viewpoint - The accident at Dongsheng Mining, a subsidiary of Shengda Resources, resulted in the tragic death of a worker due to a rockfall incident during construction activities [1][2] Group 1: Accident Details - The accident occurred on September 11, 2025, when a rockfall happened in a previously supported tunnel, approximately 7 meters from the construction site [1] - The incident involved a worker from Zhejiang Zhongye Construction Group who was struck by falling rock and unfortunately succumbed to injuries despite rescue efforts [1] Group 2: Company Response - Dongsheng Mining activated its emergency response plan immediately after the accident, organizing rescue and recovery operations while reporting to local emergency management authorities [2] - The company expressed deep condolences for the deceased and extended sincere sympathies to the victim's family [2] - Operations at Dongsheng Mining have been temporarily halted, and the company is committed to cooperating with investigations and enhancing safety training to prevent future incidents [2] Group 3: Company Background - Dongsheng Mining is involved in the extraction of various minerals, including silver, lead, zinc, gold, gallium, arsenic, and iron sulfide, with an annual production capacity of 250,000 tons [2] - The company is currently engaged in construction work for the mine, which has not yet commenced production [2]