证券之星消息，2025年5月10日中矿资源（002738）发布公告称公司于2025年5月9日召开业绩说明会。 具体内容如下： 问：会议介绍 答：2025年5月9日，公司在深圳证券交易所"互动易"平台(http//irm.cninfo.com.cn)"云访谈"栏目举行了2024年度业绩说 明会(以下简称"本次说明会")。出席本次说明会的人员有公司董事长兼总裁王平卫先生，董事、副总裁兼董事会秘书 张津伟先生，独立董事易冬女士，财务总监姜延龙先生和保荐代表人曹方义先生。公司在本次说明会上对投资者普遍 关注的问题进行了交流，具体内容如下 二、沟通交流 1、请问贵公司本期财务报告中，盈利表现如何？谢谢。 公司立足战略全局，通过三向发力构建新发展格局一是深化精益管理，通过全价值链成本管控与数字化运营体系升 级，实现降本增效的系统性突破；二是强化资源禀赋优势，依托地勘核心技术能力，重点拓展铜、锗、镓等战略性矿 产资源的一体化布局；三是加速国际化进程，通过构建多金属协同发展矩阵与跨境产能合作新模式，初步完成从细分 领域龙头企业向具有全球资源配置能力的跨国矿业集团转型升级，为参与新一轮全球矿产资源战略竞争筑牢根基。 2024年 ...

证券代码：002738 证券简称：中矿资源 中矿资源集团股份有限公司 投资者关系活动记录表 编号：2025-02 | 投资者 | □特定对象调研 □分析师会议 | | --- | --- | | 关系活 | □媒体采访 █业绩说明会 | | | □新闻发布会 □路演活动 | | 动类别 | □现场参观 □其他 （电话会议） | | 参与单 | | | 位名称 | 通过深圳证券交易所"互动易"平台（http://irm.cninfo.com.cn） | | 及人员 | "云访谈"栏目参与公司 2024 年度业绩说明会的网上投资者 | | 姓名 | | | 时间 | 年 月 日 15：00-17：00 2025 5 9 | | 地点 | 深圳证券交易所"互动易"平台（http://irm.cninfo.com.cn）"云访谈"栏 | | | 目 | | | 董事长、总裁：王平卫 | | 上市公 | 董事、副总裁、董事会秘书：张津伟 | | 司接待 | | | | 独立董事：易冬 | | 人员姓 | 财务总监：姜延龙 | | 名 | 保荐代表人：曹方义 | | | 一、会议介绍 | | 投资者 | 2025 年 5 ...

执业证书号：S0010522080002 邮箱：xuqy@hazq.com 分析师：牛义杰 执业证书号：S0010524050005 邮箱：niuyj@hazq.com 中矿资源（ [Table_StockNameRptType] 002738） 公司点评 铯铷板块盈利高增，锂盐成本下降 | 投资评级：买入（维持） [Table_Rank] | | | --- | --- | | 报告日期： | 2025-05-09 | | [Table_BaseData] 收盘价（元） | 29.49 | | 近 12 个月最高/最低（元） | 42.60/25.21 | | 总股本（百万股） | 721 | | 流通股本（百万股） | 711 | | 流通股比例（%） | 98.58 | | 总市值（亿元） | 213 | | 流通市值（亿元） | 210 | [公司价格与沪深 Table_Chart] 300 走势比较 -38% -22% -6% 10% 26% 5/24 8/24 11/24 2/25 5/25 中矿资源 沪深300 [Table_Author] 分析师：许勇其 ⚫ 自供锂矿优势凸显，生产成本持续下降 ...

Performance Overview - In 2024, the company achieved operating revenue of 5.364 billion yuan, a decrease of 10.80%, and a net profit attributable to shareholders of 757 million yuan, down 65.72% [1] - The company plans to distribute a cash dividend of 5.00 yuan for every 10 shares, with a dividend yield of 1.73% as of April 24, 2025 [1] - In Q1 2025, the company reported operating revenue of 1.536 billion yuan, an increase of 36.37% year-on-year but a decrease of 14.38% quarter-on-quarter, with a net profit of 135 million yuan, down 47.38% year-on-year and 36.19% quarter-on-quarter [1] Impact of Lithium Price Decline - The overall revenue decline in 2024 was primarily due to the drop in lithium prices, with the lithium battery raw material development and utilization business generating revenue of 3.129 billion yuan, down 26.25% [2] - The average spot price of lithium carbonate fell by 65.0% year-on-year to 90,510 yuan/ton, with a further decline of approximately 22.6% from the beginning of the year [2] - The company achieved lithium salt sales of 42,649 tons, an increase of 145.01%, with self-owned mines contributing 39,477 tons, up 164% [2] Profitability Trends - In 2024, the company's gross margin and net margin were 32.75% and 14.05%, respectively, with significant declines of 22.06 percentage points and 22.57 percentage points [2] - The gross margin for the lithium battery raw material business dropped by 39.15 percentage points to 18.62%, primarily due to falling lithium prices [2] - The rare light metals resource development business saw a gross margin increase of 13.91 percentage points to 78.29%, attributed to higher product prices [2] Resource Integration and Development - The company has a total of 418,000 tons/year of mining capacity and 66,000 tons/year of battery-grade lithium salt capacity [3] - Plans include completing the construction of a 1 million tons/year lithium mine in Canada by 2025 and a 30,000 tons/year integrated mining and processing facility in Africa by 2026 [3] - The company acquired a 65% stake in the Kitumba copper mine in Zambia, with a design scale of 3.5 million tons/year, and plans to start construction of the smelting project in May 2025 [3] Investment Outlook - As a leading lithium and rare salt producer, the company aims to enhance resource self-sufficiency and reduce production costs through acquisitions and mining [4] - The company is expected to achieve operating revenues of 5.65 billion, 7.24 billion, and 10.84 billion yuan from 2025 to 2027, with year-on-year growth rates of 5.3%, 28.2%, and 49.8% respectively [4] - Projected net profits for the same period are 930 million, 1.25 billion, and 1.95 billion yuan, with growth rates of 23.1%, 34.5%, and 55.7% respectively [4]

多金属业务并行开发，构建中长期业绩增长极。锂业务：继续推进矿冶降本，拟在津巴布韦建设3 万吨 硫酸锂工厂，视市场行情择机动工；铜业务：力争2026 年完成Kitumba 铜矿6 万吨/年一体化建设并达 产达标。锗业务：规划20 万吨多金属综合循环回收项目，对应金属产能33 吨锗，11 吨镓，1.1 万吨 锌，公司预计2025 年完成火法冶炼工艺建设。铯业务：公司把持全球仅存在产铯榴石资源与主要铯铷 盐产能，公司预计2025 年完成津巴布韦Bikita 矿山铯选厂建设，并围绕Tsumeb 冶炼厂打造非洲中南部 多金属综合回收利用中心，布局锗、铯等金属冶炼产能。 投资建议：锂价出清周期或有延长，我们下修此前对公司盈利预测。2025-2027年锂价假设为7.5/8.5/9.5 万元/吨。公司锂盐业务高度一体化，持续降本有望平稳度过出清周期；铷铯业务垄断地位凸显，贡献 稳增现金流；铜矿业务实现突破，矿权禀赋优质具备增储空间；锗镓业务有望快速放量，充分受益于中 美博弈带来的战略金属价值上移。我们预计2025-2027 年公司归母净利为9/14/24 亿元，对应PE 24/15/9 倍，维持"增持"评级。 风险提示：项目 ...

有色金属 2025 年 4 月 28 日 中矿资源（002738.SZ） 铯铷业务再创新高，多金属布局加速推进 推荐（维持） 现价：28.92 元 主要数据 | 行业 | 有色金属 | | --- | --- | | 公司网址 | www.sinomine.cn | | 大股东/持股 | 中色矿业集团有限公司/ 14.13% | | 实际控制人 | 陈海舟等七人 | | 总股本(百万股) | 721 | | 流通 A 股(百万股) | 711 | | 流通 B/H 股(百万股) | | | 总市值（亿元） | 209 | | 流通 A 股市值(亿元) | 206 | | 每股净资产(元) | 17.06 | | 资产负债率(%) | 30.50 | 行情走势图 -30% -20% -10% 0% 10% 20% 30% 2024/04 2024/07 2024/10 2025/01 中矿资源 沪深300 事项： 公司发布 2024 年年报及 2025 年一季度报告，2024 年实现营收 53.64 亿元， yoy-10.8%；实现归母净利润 7.57 亿元，yoy-65.72%；归母扣非净利润 6.03 亿 ...

Investment Rating - The report maintains a "Buy" rating for the company, with a target price based on expected earnings growth and market conditions [6]. Core Views - The company's performance has been negatively impacted by falling lithium prices, but its cesium and rubidium business provides a profit cushion [2][4]. - The company is expected to navigate the lithium price clearing cycle through cost reduction strategies and maintain stable cash flow from its monopolistic position in the cesium and rubidium market [4]. Financial Performance Summary - In 2024, the company achieved revenue of 5.4 billion yuan, a year-on-year decrease of 11%, with a gross margin of 33% [1]. - The net profit attributable to shareholders was 757 million yuan, down 66% year-on-year, with a net profit margin of 14% [1]. - Quarterly revenue for 2024 was 1.13 billion, 1.30 billion, 1.15 billion, and 1.79 billion yuan, with Q4 showing significant growth of 78% year-on-year and 56% quarter-on-quarter [1]. - For Q1 2025, revenue was 1.54 billion yuan, reflecting a 36% increase year-on-year but a 14% decrease quarter-on-quarter [1]. Profit Structure Summary - The company's gross profit for 2024 was 1.76 billion yuan, a decrease of 47% year-on-year, with lithium salt contributing 600 million yuan (33%), cesium and rubidium business contributing 1.1 billion yuan (62%), and trading business contributing 120 million yuan (7%) [2]. - The average selling price of lithium salt was 83,000 yuan per ton, a 70% decrease year-on-year, which was the main reason for the decline in lithium salt performance [2]. - The company managed to reduce its operating cost per ton from 103,000 yuan to 60,000 yuan through various cost-cutting measures [2]. Business Development Summary - The company is pursuing multi-metal business development, including plans to build a 30,000-ton lithium sulfate plant in Zimbabwe and aims to complete the Kitumba copper mine's integrated construction by 2026 [3]. - The cesium business is expected to see continued growth due to the company's monopolistic position, with plans to complete the cesium selection plant in Zimbabwe by 2025 [3]. Earnings Forecast Summary - The report revises the earnings forecast for the company, projecting net profits of 882 million yuan, 1.43 billion yuan, and 2.41 billion yuan for 2025, 2026, and 2027 respectively [4]. - The projected price assumptions for lithium are 75,000 yuan, 85,000 yuan, and 95,000 yuan per ton for 2025-2027 [4].

资料显示，百杰瑞成立于2008年，公司专注于研发、生产和销售多品种锂盐、铯盐、铷盐等稀有碱金属产品。公司计划到2025年实现一个总 部中心，三大生产基地，进入锂盐全球制造商第一梯队。其中一个总部中心：公司管理总部，三大生产基地分别是：荆门高端锂盐生产基地、 宜都高端锂盐生产基地、武汉化工区工程技术基地。 （ 来源： 九派通、海融网） | 往 | 期 回 顾 | | | --- | --- | --- | | 01 | ｜ 一周锂电新闻汇总 | | | 02 | ｜ | 1-2月电池装机量TOP10配套主机厂分析 | | 03 | ｜ | 56亿元！邦普循环四代磷酸铁锂项目开工 | | 04 | ｜ | 2025起点轻型动力及两轮车换电大会7月10-11日无锡 | | | 举办 | | are 全球领导 的电子 2 2 2 台 服 务 内 容 FT 品牌服务 研究咨询 资本服务 政府服务 品牌 论坛 研究 数据 融资 Ibo 规划 招商 宣传 报告 调研 咨询 报告 服务 展会 服务 雷 销 会员 品牌 旋滑 豐拔 国专 政府 投资 定位 顾问 顾问 合作咨询 邱先生 189 3802 3176 2 12 2 ...