The Profitability Of The Non-ferrous Metals Industry Has Significantly Improved, And Related Listed Companies Have Accelerated Their Overseas Expansion.

Since 2024, the non-ferrous metals industry as a whole has demonstrated a favorable development trend characterized by production growth, accelerated investment, and robust import-export activities. Concurrently, fueled by factors such as rapid development of emerging industries driving demand, deepening supply-side reforms, and policy support, the industry's profitability has surged substantially. This can be glimpsed from the recently released 2024 semi-annual reports, with Wind

Information data indicating that as of August 26, a total of 55 listed companies in the non-ferrous metals industry on the A-share market have disclosed their 2024 semi-annual reports, among which 37 companies reported year-on-year growth in net profits, accounting for nearly 70%. In terms of the magnitude of net profit growth, 12 companies saw growth rates exceeding 100%, while another 6 exceeded 50%.

In the first half of 2024, driven by favorable factors such as the country's policies to expand domestic demand and the continuous expansion of non-ferrous metals applications, the industry exhibited a robust development trend. Specifically, on the one hand, the production growth momentum in the non-ferrous metals industry remained stable, with industrial added value of above-scale non-ferrous metals enterprises increasing by 10.8% year-on-year, 4.8 percentage points higher than that of the industrial sector as a whole. On the other hand, fixed asset investment continued to grow with optimized structures, with fixed asset investment in the non-ferrous metals industry increasing by 23.5% year-on-year in the first half, 10.9 percentage points higher than the national average for industrial investment.

As favorable factors for industry development continue to converge, listed companies in the non-ferrous metals industry have achieved steady growth in operating performance, demonstrating strong resilience. When discussing the reasons for this growth, many companies attributed it not only to external factors but also to their proactive efforts, including continuously increasing R&D investment to enhance product quality and technological content, optimizing production management processes to improve production efficiency, and actively expanding market channels to increase market share.

The semi-annual reports of listed companies are not only a "report card" of corporate development but also an important "weathervane" for industry dynamics. Through these reports, one can clearly observe the industry's development trends, competitive landscape, as well as the challenges and opportunities it faces.

In fact, the case of Jinshi Resources is merely a microcosm of China's non-ferrous metals industry actively pursuing overseas expansion. Against this backdrop, relevant enterprises have expressed their intention to further intensify overseas layouts, actively seek high-quality mineral resources to enhance their resource security capabilities. By collaborating with overseas enterprises, they aim to introduce advanced technologies and management experience, thereby improving production efficiency and competitiveness. Additionally, they will strengthen research and development of overseas markets, optimize product structures, and cater to diverse market demands.