JCHX Mining Management Co Ltd

Jinchengxin released its 2026 interim report, with total operating revenue of 7.641 billion yuan and net profit attributable to the parent company of 1.614 billion yuan. Net cash inflow from operating activities was 1.37 billion yuan, down 20.59% from the same period last year. The company's asset-liability ratio was 46.17%, gross margin was 39.57%, ROE was 13.02%, and diluted earnings per share was 2.59 yuan. The number of shareholders was 26,800, and the top ten shareholders held 50.82% of the total share capital.

JCHX announced that the company has undertaken mining services for Zone 2 of Section 2 of the Phase One project for the deep phosphate mining engineering in the eastern wing of the Yangshui mining area in Kaiyang, owned by Guizhou Kailin Group, and recently signed the contract documents. The contract is divided into two parts, with the signed contract amount for general contracting of construction infrastructure at 202 million yuan, and the signed contract amount for construction infrastructure mining and cutting at 158 million yuan, totaling about 360 million yuan including tax. The contract duration for both is 599 calendar days. This transaction does not constitute a related-party transaction, and the performance of the contract will have a certain impact on the company's results.

JCHX announced that the company and its subsidiaries have recently signed two routine operating contracts. The underground mining contract for the Kamoa-Kakula copper mine in the Democratic Republic of the Congo is valued at approximately 119 million US dollars, with a duration of about 32 months. The shaft and tunnel infrastructure contract for the Baituyingzi tungsten polymetallic mine mining and processing project, signed with CNNC Inner Mongolia Mining Investment Co., Ltd., is valued at 170 million yuan, with a duration of 868 days. The execution of these contracts will have a positive impact on the company's performance, but there are long-term performance risks.

JCHX announced that the company and its subsidiaries have recently signed two routine operating contracts. The underground mining contract for the Kamoa-Kakula copper mine in the Democratic Republic of the Congo has a total price of approximately 119 million US dollars, excluding VAT, with a construction period of about 32 months. The shaft and roadway infrastructure contract for the Baituyingzi tungsten polymetallic mine mining and processing project of CNNC Inner Mongolia Mining Investment Company Limited is valued at 170 million yuan, with a construction period of 868 days. The performance of these contracts will have a positive impact on the company's performance, but there are long-term performance risks.

Fengzhushou's wholly-owned subsidiary, Ya'an Yunsuan, signed a computing power server procurement agreement with Company A, with a total contract value of 3.062 billion yuan including tax. It also signed a computing power service contract with Company B, with a total contract value of 4.608 billion yuan including tax, for a cooperation period from August 5, 2026, to August 4, 2031. If the computing power service project is successfully implemented, the estimated average annual net profit is 60 million to 72 million yuan. In addition, a subsidiary of Dajin Heavy Industry signed a shipbuilding contract worth about 1 billion yuan with a Norwegian shipowner. A subsidiary of Jinka Intelligence signed a smart gas meter contract worth about 890 million yuan. A subsidiary of Jinchengxin signed a mining contract worth about 115 million US dollars.