（文章来源：证券日报） 证券日报网讯 12月23日，云南铜业在互动平台回答投资者提问时表示，面对外部市场的周期波动与挑 战，公司"苦练内功、深挖潜能"，通过极致的内部管控与战略优化，持续夯实竞争力。财务管理方面， 公司推行"铁血降本"，实施全流程成本精细化管理，如推行"四四降本法"，从生产运营、市场营销、财 务资金、组织管理等多个维度降本增效。经营提升方面，公司优化利润结构，积极培育新的效益增长 点，如着力提升黄金、白银、硫酸及其他稀散金属等副产品的产量与价值贡献；布局再生铜资源的回收 利用。此外，公司持续夯实资源基础，支撑长期价值，通过内部勘探增储和依托控股股东支持，积极推 动优质矿山资源的整合，稳步提升资源自给率。未来，公司将持续通过对标行业先进，学习借鉴优秀管 理实践，动态优化财务管理与运营体系。 ...

Core Viewpoint - The company is focused on enhancing its profitability through continuous optimization of its business structure, particularly in its core smelting operations which yield higher profit margins from by-products like rare metals [1] Group 1 - The smelting business is identified as the company's core profit-generating segment [1] - Rare metals, as by-products of complex gold concentrates, contribute to higher profit margins, increasing the company's profit elasticity [1] - The company is actively implementing measures to improve its gross profit margin [1]

Core Insights - The article discusses significant financial metrics and performance indicators of a company, highlighting its revenue and profit margins [1] Financial Performance - The company reported a revenue of 70.00 billion, indicating a substantial growth compared to previous periods [1] - The profit margin stands at 44.85%, showcasing the company's efficiency in converting revenue into profit [1] Market Position - The company maintains a strong market presence, which is reflected in its financial results and operational strategies [1] - The competitive landscape is addressed, emphasizing the company's ability to outperform its peers [1]

Core Insights - The rapid evolution of industrial transformation necessitates the development of new materials as a foundational element, with a pressing need for higher success rates and shorter conversion cycles from laboratory to industrialization [1] - The demand for pilot testing platforms in new materials is increasing, yet the current supply is insufficient, primarily relying on government support without a robust service ecosystem [1][3] - The ultimate value of pilot testing platforms lies in reshaping the industrial innovation ecosystem rather than short-term profitability, emphasizing the need for self-sustaining models [3] Group 1: Pilot Testing Platforms - The pilot testing platform in Dongguan for new materials and intelligent manufacturing significantly enhances the efficiency of new material R&D verification through a comprehensive range of specialized equipment [2] - The platform serves as an accelerator and shield for innovative technologies, ensuring successful transition from small-scale trials to production lines [2] - As of May 2025, the Guangdong micro-nano processing and device preparation pilot platform has serviced nearly 370 units across 20 provinces, with a total service amount exceeding 240 million yuan and indirectly driving an output value of 6 billion yuan [3] Group 2: Self-Sustaining Development - The construction of pilot testing platforms often relies on government funding, but there is a push for these platforms to develop self-sustaining capabilities to better support industrial upgrades [3][4] - The collaborative model of pilot platforms, such as the one in Foshan, combines theoretical research with practical application, enhancing the commercialization of technologies [4][5] - The "New Materials Pilot Testing Platform Construction Guide (2024-2027)" aims to establish around 300 local pilot platforms and cultivate about 20 high-level platforms to support technology commercialization [6] Group 3: Challenges and Recommendations - There is a significant shortage of professionals skilled in both technology development and market operations, which hampers the market-oriented operation of pilot platforms [6] - To alleviate concerns about technology leakage, pilot platforms need to implement measures for technical and personnel isolation between different clients [6] - Recommendations include providing subsidies for companies purchasing pilot testing services to encourage low-cost trials and enhance awareness of pilot services [6]