Fangyuan Co., Ltd. incurred a loss of 0.427 billion yuan last year and plans to terminate projects for the comprehensive utilization of waste Lithium Batteries and other projects.

1. Market analysts state that recently, Electric Vehicle companies have adopted a strategy of price cuts to gain market share, resulting in tremendous pressure on the entire Industry Chain. 2. Fangyuan Co. has indicated that the current focus of the company's product strategy is on ternary Cathode Material and Battery-grade lithium carbonate, aiming to enhance the production capacity utilization rate, improve Operations, and profitability.

cls.cnApr 17 22:19 ET

Nanjing Hanrui Cobalt: Last year's net profit increased by over 40% year-on-year; the 0.02 million tons high ice nickel project has been delayed by 10 months | Interpretations

① Benefiting from the simultaneous increase in the volume and price of Copper products, the company's net profit is expected to grow by 45.85% year-on-year in 2024; ② The production start date for the 0.02 million tons of high ice nickel project has been postponed to March 2026.

cls.cnApr 17 11:13 ET

The humanoid robot marathon will kick off on April 19, with the industry entering a phase of intensive catalysis.

① According to reports, the world's first humanoid robot half marathon will start at 7:30 AM on April 19th in Peking Yizhuang. ② Shanghai Securities pointed out that the Siasun Robot&Automation Industry Chain has entered a stage of "a hundred flowers blooming, a hundred schools of thought contending". Currently, humanoid robots are entering industrial scenarios, which has become a highly certain application trend domestically and globally. The commercialization of humanoid robots is promising, and attention is recommended for domestic component manufacturers that will benefit.

cls.cnApr 14 19:48 ET

Zijin Mining Group: In the first quarter of 2025, performance surged by 63%, with strong gold and copper production driving a profit explosion.

Zijin Mining Group's performance in the first quarter of 2025 surged by 63%, with strong growth in gold and copper production driving profit growth. Core highlights include bright financial performance: revenue reached 78.928 billion yuan, a year-on-year increase of 5.55%, with the net income attributable to shareholders increasing by 62.39% to 10.167 billion yuan. The mining company's gross margin stood at 59.94%. Production significantly improved: gold output rose by 13% year-on-year, and copper output increased by 9%, with major mines continuously releasing capacity. Profitability saw a substantial boost: rising metal prices combined with increased capacity pushed total profit up by 66.37% year-on-year and 32% quarter-on-quarter. Cash flow was abundant: cash from operating activities.

wallstreetcnApr 11 08:44 ET

The outlook for Copper and Gold is optimistic! Although prices are at historic highs, JPMorgan believes that Zijin Mining Group is "not expensive."

JPMorgan believes that Gold has become a key profit driver for the company, contributing 32% of gross profit in fiscal year 2024 (up from 26% in 2023), mainly due to a 28% year-on-year increase in the average selling price. It is expected that Gold production will reach 85 tons in 2025 (a year-on-year increase of 17%), and Copper production will reach 1.15 million tons (a year-on-year increase of 8%).

wallstreetcnMar 26 03:29 ET

Zijin Mining Group Chairman Chen Jinghe discusses acquisition strategy. High-value projects still exist in the Industry despite high positions | Coverage of the Earnings Conference.

① Chen Jinghe believes that, despite the current high running levels in the Industry, there are still projects with good cost performance; ② Chen Jinghe explained the company's merger strategy from four aspects.

cls.cnMar 24 10:08 ET