NFC(SZ:000758)2025-06-11 09:52Group 1: Company Overview - China Nonferrous Metal Construction Co., Ltd. has a strong competitive edge in international engineering contracting within the nonferrous metals sector, leveraging project development and management experience, brand advantages, and resource integration capabilities [2] - The company focuses on complex mining projects, emphasizing energy conservation, environmental protection, and digital/automation technology advancements [2] Group 2: Project Distribution and Performance - The company has established a significant presence in regions such as Kazakhstan, Congo (DRC), India, Indonesia, and Vietnam, undertaking key projects in nonferrous metals, oil and petrochemicals, and mining [2] - As of 2024, the company reported a revenue of RMB 43.01 billion from engineering contracting, reflecting a year-on-year increase of 7.39% [2] - The ENR international contractor ranking improved from 168th to 114th [2] Group 3: Order Backlog and Future Prospects - The total amount of unfinished contracts is approximately RMB 361.5 billion, indicating a robust project reserve that secures future revenue [2] - In 2024, the new contract amount reached RMB 164.88 billion, a year-on-year increase of 103.71% [2] Group 4: Resource Development - The company holds mining rights for five mines and three exploration rights, with total metal resources including 225.62 thousand tons of zinc and 132.03 thousand tons of lead [3] - The average zinc grade at the Aobao Zinc Mine is 30.86%, while the average lead grade is 0.49% [3] - Future resource development strategies include mergers and acquisitions, resource exploration, and enhancing strategic collaboration [3]