Group 1: Resource and Mining Operations - The company prioritizes resource strategy, aiming to build a globally competitive non-ferrous metal industry chain, with significant holdings in major lead-zinc-silver mines in Asia [1] - As of the end of 2024, the company holds metal resources of 7.13 million tons of zinc, 3.66 million tons of lead, 143,000 tons of copper, 6,607 tons of silver, 90 tons of gold, 92,400 tons of nickel, 717 tons of gallium, 240 tons of germanium, and 16,500 tons of tungsten [1] Group 2: New Materials Sector - The company has entered the high-end new materials sector through internal innovation and external acquisitions, focusing on advanced materials such as high-performance powder materials and energy storage materials [2] - In 2023, the company acquired a leading domestic enterprise in thermal bimetals, rapidly entering the high-end composite metal materials market [2] Group 3: Future Development Strategy - The company adopts a "one body, two wings" strategy, focusing on mastering rich metal resources and developing deep processing industries for various metals and new materials [3] - The strategy emphasizes both external and internal development, aiming to enhance industrial chain layout and optimize product structure for high-quality growth [3] Group 4: Financial Performance (H1 2025) - In the first half of 2025, the company achieved a revenue of 31.089 billion yuan, a year-on-year increase of 1.54%, and a net profit of 559 million yuan, up 3.12% [4] - The company produced 125,400 tons of lead-zinc metal from its mining operations and 447,800 tons of copper-lead-zinc products from its smelting operations during the same period [4]

Group 1: Company Performance - In the first half of 2025, the company achieved an operating income of 31.089 billion yuan, a year-on-year increase of 1.54% [1] - The net profit attributable to shareholders was 559 million yuan, reflecting a year-on-year growth of 3.12% [1] - The company produced 125,400 tons of refined lead and zinc metals, with domestic mines contributing 76,000 tons [1] Group 2: Stock Issuance and Financial Strategy - The company plans to issue A-shares to raise no more than 1.5 billion yuan, aimed at supplementing working capital and repaying bank loans [2] - The funding from the controlling shareholder, Guangsheng Holdings Group, is expected to help reduce the asset-liability ratio and alleviate financial pressure [2] - The issuance is pending approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission, with uncertain timelines for approval [2] Group 3: Resource and Exploration Activities - The company prioritizes resource strategy, aiming to build a globally competitive non-ferrous metal industry chain [3] - As of the end of 2024, the company holds metal resources of 7.13 million tons of zinc, 3.66 million tons of lead, and 1.43 million tons of copper [3] - The company has successfully acquired several mining rights in Guangdong Province, enhancing its resource development capabilities [3] Group 4: New Materials Sector - The company has entered the high-end new materials sector through innovation and acquisitions, focusing on advanced materials [4] - Its subsidiary, Zhongjin Technology, specializes in high-performance powder materials and has received multiple national awards [4] - In 2023, the company acquired a leading domestic enterprise in the thermal bimetal sector, furthering its capabilities in composite metal materials [5]

Group 1 - The construction of key projects in Haizhou District, Lianyungang City is progressing rapidly, with 117 municipal key projects completing an investment of 8.53 billion yuan, achieving 45.2% of the annual plan, exceeding the schedule by 3.5 percentage points [1] - Three new roads in Haizhou District are nearing completion, with a total progress of 95%, and are expected to be open for traffic by the end of the month, alleviating long-standing traffic issues for local residents [1] - The Starry Lake No. 1 Plaza, a provincial key cultural tourism project, has completed the main construction of a 12,000 square meter commercial center, with 10 main buildings successfully topped off [2] Group 2 - Haizhou District is actively increasing project investment and commencement, with 67 new municipal key industrial projects starting construction from January to May, including high-performance powder materials and the first phase of the Lianyungang "Belt and Road" logistics intelligence valley [2] - The district is focused on achieving its targets with a sense of urgency, implementing a project lifecycle management approach, and providing comprehensive support services to ensure smooth project construction [2]