Silverman Mining's capacity release Inner Mongolia Xingye Silver&Tin Mining achieves its best annual performance in 2024 | Interpretations

① Benefiting from the rise in Nonferrous Metals prices and the release of Block Orders capacity from Yinchun Silver Mining; ② The net profit of Yinchun Silver & Tin is expected to increase by 40% to 70% in 2024, achieving the best annual performance since its listing.

cls.cnJan 20 09:42 ET

The planned total investment amount is 5.5 billion yuan. Jchx Mining Management Longxi Copper Mine announces a plan to double production | Quick read announcement.

① The Longxi Copper Mine, acquired by Jchx Mining Management four years ago, may see a doubling in production; ② An investment of 5.5 billion yuan is made to develop the East Mining Area; ③ After reaching full capacity in the East Mining Area, the total output of the mine is expected to reach 0.1 million tons per year.

cls.cnJan 19 09:13 ET

Is the restructuring the peak? Guangzhou Grandbuy's performance continues to decline as Bank of China Investment continuously makes "precise" Shareholding reductions | Quick read announcement.

① In the past 11 trading days, Guangzhou Grandbuy has hit the limit up six times, while China Merchants Investment has continuously and "precisely" reduced its shareholding by nearly 3% since January 3. ② After achieving peak performance through asset restructuring in 2021, Guangzhou Grandbuy has shown poor performance in recent years, and the major shareholders' successive reductions may have other considerations.

cls.cnJan 16 10:47 ET

Leading mining company is making acquisitions! Zangge Mining is planning a change in control, and Zijin Mining Group intends to take the lead | Summary of the announcement.

Zangge Mining announced a significant notice, planning to transfer 24.72% of its shares, directly indicating a change of control, with the buyer being the mining giant Zijin Mining Group. It is worth noting that in recent years, Zangge Mining and Zijin Mining Group have made considerable moves in the expansion of lithium resources. The change of ownership of Zangge Mining to Zijin Mining Group is just one of several acquisition cases by the latter; looking at 2024 alone, Zijin Mining Group has already undertaken four large-scale acquisitions.

cls.cnJan 9 11:06 ET

The final chapter of the litigation battle between the two state-owned enterprises in Nanjing: Soho Holly Corporation's compensation is determined, with profits expected to decrease by over 30 million in 2024.|Quick read announcement.

① The judgment of the second instance (final judgment) of the lawsuit between Soho Holly Corporation and Nanjing Business & Tourism Corp., Ltd. is to reject the appeal and uphold the original ruling, with the former paying the latter 22.122 million yuan in goods payment and penalty; ② Both parties are state-owned enterprises and located relatively close to each other, but the litigation dispute has been prolonged, originating from a contract fraud committed by Soho Holly Corporation employees; ③ Soho Holly Corporation stated that this matter will impact the company's profit and loss for the year 2024, with the estimated amount being approximately 30.17 million yuan.

cls.cnJan 6 08:52 ET

The two major Block Orders in the Democratic Republic of the Congo have increased production, CMOC Group Limited's 2024 Copper and Cobalt output both increased by over fifty percent year-on-year | Quick Announcement.

① Benefiting from the capacity expansion and increased production of the two major Block Orders mines in the Democratic Republic of the Congo, CMOC Group Limited's main mineral product output achieved overall growth last year; ② Among these, the increases in Copper and Cobalt products were particularly notable, with year-on-year growth rates exceeding fifty percent.

cls.cnJan 6 08:41 ET