NFC(SZ:000758)2025-06-18 09:24Group 1: Business Operations - The company has a broad geographical distribution of engineering projects, focusing on key markets in Kazakhstan, Congo (DRC), India, Indonesia, Vietnam, and surrounding countries [2] - In 2024, the company's engineering contracting business revenue reached 16.49 billion CNY, a year-on-year increase of 43.01% [2] - The company is strategically focusing on overseas engineering markets and resource acquisitions to enhance competitiveness [2] Group 2: Project Highlights - Significant projects include a copper smelting plant in Kazakhstan valued at over 1.4 billion USD and an Indonesian copper smelting project worth 429 million USD [2] - The company has established a strong client base through high-quality project management and execution capabilities [2] Group 3: Rare Earth Business - The company holds a 23.81% stake in Zhongxi Southern Rare Earth (Xinfeng) Co., Ltd., which specializes in rare earth metal smelting and geological exploration [3] - In 2024, the company signed new contracts worth 7.39 billion CNY, further solidifying its market position in Central Asia and Southeast Asia [2] Group 4: Value Management and Future Strategy - The company emphasizes value creation and technology innovation, integrating value management into strategic planning [3] - The group plans to increase its shareholding in the company by approximately 2% in 2025, reflecting confidence in future growth [3] - The company aims to enhance its core competitiveness by developing a comprehensive EPC engineering contracting platform and expanding into other precious metal resources [3]