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Yunnan Luoping Zinc&Electricity (002114.SZ): Derong Mining Jinfo Lead-Zinc Mine is out of production.
Gelonghui, December 27 - Yunnan Luoping Zinc&Electricity (002114.SZ) announced that its wholly-owned subsidiary, Puding County Derong Mining Co., Ltd. (referred to as 'Derong Mining'), received a 'Notice of Order to Cease Mining Activities' issued by the Puding County Natural Resources Bureau on December 25, 2024, due to the expiration of the mining license for Derong Mining's Jinpo Lead-Zinc Mine (license number: C5200002012123220128312) on December 25, 2024. In accordance with regulations such as the 'Guizhou Province Mineral Resources Supervision and Inspection Regulations' and the 'Mineral Resources Mining Registration Management Measures', Derong Mining is ordered to cease operations.
Yunnan Luoping Zinc&Electricity (002114.SZ): Wholly-owned subsidiary Fuxin Agriculture received a government subsidy of 5.29 million yuan.
Glory Exchange reported on December 11 that Yunnan Luoping Zinc&Electricity (002114.SZ) announced that its wholly-owned subsidiary, Luoping Fuzinc Agriculture Development Co., Ltd., will receive a specific subsidy of 5,290,000.00 yuan in 2024 (the above data is unaudited and will be subject to the final audit results). The above-mentioned specific subsidy funds account for 2.53% of the audited net income attributable to the shareholders of the listed company for the most recent fiscal year (2023). According to the relevant provisions of "Enterprise Accounting Standard No. 16 - Government Subsidies,” government subsidies related to income shall be directly included in the current profit and loss or deducted from relevant costs and expenses.
There's Reason For Concern Over Yunnan Luoping Zinc&Electricity Co., Ltd.'s (SZSE:002114) Massive 28% Price Jump
Yunnan Luoping Zinc&electricity (002114.SZ): The company's mineral assets consist of zinc concentrate.
Glory Capital announced on November 28 that yunnan luoping zinc&electricity (002114.SZ) stated on the investor interaction platform that the company's minerals are sulfide zinc concentrate.
Yunnan Luoping Zinc&Electricity (002114.SZ): Only produces germanium concentrate, which can be used as an electrolyte material for solid state battery.
Gelonghui November 28th | yunnan luoping zinc&electricity (002114.SZ) stated on the investor interaction platform that the company only produces germanium concentrate, which can be used as an electrolyte material for solid state batteries, providing good ionic conductivity and chemical stability.
Luoping Zinc & Electric: Report for the third quarter of 2024
Yunnan Luoping Zinc&Electricity Co., Ltd.'s (SZSE:002114) 28% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
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