Recently, cnnc int'l (02302.HK) announced its interim performance. In the first half of 2024, the group recorded a gross profit increase of approximately 851%, to around 6.4 million yuan, achieving a trade of 0.6 million pounds of natural uranium products by facilitating the procurement of uranium. from the Rossing uranium mine.
The group focuses on and will continue to deploy its existing resources in the uranium product business, develop uranium product trading business, and actively seek high-quality uranium resource projects (intending to focus on producing projects) to complement the development of the parent group and leverage the parent group's advantages in the nuclear energy sector.