During 16th -18th February, Zijin held 2016 board meeting in Shanghang County, summarizing the work completed in 2015, and arranging the work in 2016.

In 2015, with the sluggish economy and plunging price of commodity, Zijin’s revenue increased by 26.88% year on year, while the net profit attributable to the parent company fell by 28.01% year on year. Excluding the impairment charges and loss from fair values changes, the net profit of Zijin has some growth compared to 2014.

With the guiding concept of “advance reform, maintain growth and promote development”, Zijin will continuously push on work in 2016. The board meeting announced the production target as follows: mined gold: 42.5 tonnes; mined copper: 155,000 tonnes; mined lead and zinc: 270,000 tonnes.

The plan is based on the current economy and market. The board of directors might adjust the plan in accordance with the future situation.

To achieve the goals, Mr. Chen Jinghe, the Chairman of Zijin, required all subsidiaries to increase output, and new projects are required to start production ASAP. He also emphasized that every subsidiary should bring out its potentials and enhance efficiency by all means, to guarantee the fulfillment of the targets.