On August 27, Zijin Mining Group’s Chairman Mr. Jinghe CHEN and President Mr. Fusheng LAN hosted 2018 Zijin interim results announcements respectively in Shanghai and Hong Kong. 

During the events, Chairman CHEN and President LAN reviewed the company’s performance in the first half of 2018, and exchanged thoughts with analysts and institutional investors on the macro-economic environment, trends of metal prices, Zijin’s business performance, key projects development, and overseas merger and acquisition. Meanwhile, they shared the latest five-year strategic development plan which was approved and released by Zijin’s Board of Directors at the 25th anniversary of the founding of the Group last week.

During the first half of 2018, Zijin achieved a well-sound performance in its business operation, thanks partly to the robust sales and price hikes in copper and zinc. Its production volumes of mined gold, mined copper and mined zinc have been leading the industry in China, with its mined copper experiencing a significant jump in production. The Group harvested 49.814 billion RMB in revenue, a 32.75% increase compared to a year ago; its profit reached 2.526 billion RMB, representing a 67.82% rise from a year ago; the net operating cash flow amounted to 4.981 billion RMB, a 50.66% increase from a year ago. Also, the company paid dividends at the end of June, totaling 2.07 billion RMB, for the year of 2017, or 0.09 RMB per share.   

Zijin’s performance has received high attention from analysts, investors. with a currently unpredictable market environment at backdrop, Zijin’s stable performance and persistence in its major business fields have set itself as a model for a quality public company, and definitely enhanced the investors’ confidence.

Vice President Ms. Hongying LIN, Secretary to Board Ms. Qiang LIU, and Company Secretary Mr. Zhangwen FAN also attended the meetings.