NFC(SZ:000758)2025-05-19 09:28Group 1: Company Overview - China Nonferrous Metal Construction Co., Ltd. was established in 1983 and listed on the Shenzhen Stock Exchange in 1997, evolving from a foreign engineering contracting company to a comprehensive international enterprise in nonferrous metal resource development [2][3] - The company operates in two main sectors: nonferrous metal resource development (48.11% of revenue) and international engineering contracting (48.23% of revenue) [3] Group 2: Financial Performance - In 2024, the company achieved a revenue of CNY 8.918 billion and a net profit attributable to shareholders of CNY 402 million, representing a year-on-year growth of 12.03% [2][3] - The engineering contracting business generated CNY 4.301 billion in revenue, a 7.39% increase compared to the previous year, with new contracts totaling CNY 16.488 billion [3] Group 3: Resource Development Strategy - The company plans to enhance its resource base through mergers and acquisitions, and by developing resource bases in Northwest China (Qinghai, Inner Mongolia) and abroad in Central Asia (Kazakhstan) and Southeast Asia (Indonesia) [3] - The company aims to actively pursue resource development opportunities along the "Belt and Road" initiative, focusing on medium to large-scale projects with service life exceeding 15 years [3] Group 4: Research and Development - In 2024, R&D expenditure reached CNY 47.9093 million, a 24.31% increase year-on-year, with a compound annual growth rate of 24.58% over the past three years [3] - The company has developed proprietary technologies and achieved advanced levels in the international nonferrous metal industry, including innovations in pump technology and new purification techniques [3] Group 5: Market Value Management - The company emphasizes market value management, integrating it into strategic planning and establishing clear objectives and responsibilities [3] - The annual profit distribution plan for 2024 has been approved, with ongoing discussions on effective measures to enhance operational performance and return value to investors [3]