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Boasting A 15% Return On Equity, Is Dazhong Mining Co., Ltd. (SZSE:001203) A Top Quality Stock?
Chengdu Leejun Industrial (002651.SZ) signed a cooperation agreement with Dazhong Mining for high-pressure roller mills and the upgrade of existing roller mills.
Chengdu Leejun Industrial (002651.SZ) announced that on December 19, 2024, the company will cooperate with Dazhong Mining Co...
Why Investors Shouldn't Be Surprised By Dazhong Mining Co., Ltd.'s (SZSE:001203) Low P/E
Dazhong Mining (001203.SZ): The company's Self-Driving Cars are still in the research and debugging phase.
On December 12, Gelonghui reported that Dazhong Mining (001203.SZ) stated on the investor interaction platform that the company is independently conducting research and development on Self-Driving Cars technology and is currently working on the intelligent upgrades and modifications of existing vehicles. The company's Self-Driving Cars are still in the research and testing phase, and in the future, through technological innovation and continuous optimization, it aims to enhance system performance and achieve the practical application of Self-Driving Electric Machine technology in underground Electric Machines, promote the company's intelligentization process, reduce operators, and ensure safe production.
Zhongkane Mining (001203.SZ): No benchmarking work has been carried out with Vale SA.
On December 11, Gelonghui reported that Zhong Mining (001203.SZ) stated on the investor interaction platform that the company has not conducted benchmarking work with Vale SA. The company's iron ore is all within the country, located in the plains and is easily accessible. The iron concentrate produced by the company usually has a grade of about 65%, with very low levels of impurities such as sulfur, lead, and zinc, making it a high-quality material and an ideal raw material for producing high-quality Steel.
Second only to "Ning Wang"? The first lithium mine of Zhongjun Mining has "opened" with lithium carbonate equivalent reserves exceeding 3.24 million tons｜Quick read of the announcement.
① Dazhong Mining has released a resource report for the Tongtian Temple mining segment at the Jijiao Mountain mining area, with an equivalent lithium carbonate reserve of approximately 3.2443 million tons; ② According to incomplete statistics by the Financial Association reporter based on public information, the reserves of Dazhong Mining's Jijiao Mountain mining area may be second only to contemporary amperex technology's (300750.SZ) mines among low-grade lithium mica mines.
There Are Reasons To Feel Uneasy About Inner Mongolia Dazhong Mining's (SZSE:001203) Returns On Capital
