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Optimism for Yunnan CopperLtd (SZSE:000878) Has Grown This Past Week, Despite One-year Decline in Earnings
Yunnan Copper (000878.SZ): Market analysts generally expect that there may be downward pressure on subsequent smelting processing fees.
On November 22, Longhu reported that yunnan copper (000878.SZ) stated during an investor relations event that the company uses long-term contracts, spot purchases, and other models for processing fees, where imported copper concentrate is settled using TC/RC terms and involves annual and quarterly negotiations. As one of the largest copper concentrate purchasers in China, the company has maintained good long-term stable cooperative relationships with major suppliers for many years and actively negotiates with copper concentrate suppliers to strive for stability in long-term supply volumes to ensure orderly production. Analysts generally expect that the subsequent smelting processing fees may face downward pressure.
Yunnan Copper Co.,Ltd's (SZSE:000878) Largest Shareholders Are Individual Investors With 42% Ownership, Private Companies Own 39%
yunnan copper (000878.SZ): Subsidiary plans to purchase talent apartments
On November 8, GeLongHui announced that Yunnan Copper (000878.SZ) will purchase commercial housing and supporting parking spaces from its own funds to improve employee lodging conditions, enhance employee happiness, increase talent attraction efforts, support talent planning of the company, provide strong backing for talent to start businesses, and provide strong guarantee for the high-quality development of the enterprise. The company's holding subsidiary, Southeast Copper Industry Co., Ltd. (referred to as Southeast Copper), plans to purchase commercial housing and supporting parking spaces from Ningde Yuntong Real Estate Co., Ltd. (referred to as Ningde Yuntong Real Estate) for talent apartments for self-occupation, with a total price estimated at approximately 211.79 million yuan.
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