Guocheng Mining Co.Ltd(000688) 3 the 2021 annual report released on March 7 shows that last year, driven by the sharp year-on-year rise in the sales prices of major products such as zinc and lead, the company achieved an operating revenue of 1.709 billion yuan, a year-on-year increase of 88.36%; The net profit attributable to the parent company was 208 million yuan, a year-on-year increase of 41.03%; The net profit attributable to the parent company after deduction was 214 million yuan, with an increase of 91.09% and earnings per share of 0.19 yuan.
The data show that in 2021, the output of zinc concentrate in China was 4.136 million metal tons, and the output of the company was 45900 metal tons, accounting for 1.11%; The national output of lead concentrate is 1.964 million metal tons, and the company's output is 6500 metal tons, accounting for 0.33%; The national silver output is 11633 tons, and the output of Yubang mining and other subsidiaries of the company is 32 tons, accounting for 0.28%. By the end of the reporting period, the four subsidiaries of the company (DONGSHENGMIAO mining, Jinpeng mining, Zhongdu mining and Yubang mining) had retained resource reserves of about 290 million tons, with lead metal of 1.0228 million tons, zinc metal of 3.3772 million tons, copper metal of 15300 tons, gold metal of 18231 kg, silver metal of 182175 tons, siderite of 2.3649 million tons and limonite of 4.1882 million tons.
It is understood that over the years, the company has adhered to the business strategy of taking resources as the core, and through the development mode of "endogenous + extension", on the one hand, it has constantly practiced its internal skills and strengthened the cost reduction and efficiency increase management of existing mines; On the other hand, expand the international vision and actively seek the layout opportunities of external high-quality resources. During the reporting period, the company successfully completed the acquisition of 65% equity of Yubang mining. Its silver polymetallic ore is the largest silver ore with recorded reserves in China, among which the amount of silver metal ranks first in Asia and seventh in the world, with good development and storage prospects. In addition, the company also actively promotes the injection project of the controlling shareholder's high-quality asset Guocheng industry. Its Dasuji molybdenum mine is a large molybdenum metal deposit in China, with a mining and beneficiation capacity of 5 million tons / year and has reached the production standard. After injection, it will further enhance the company's mineral resource reserve and sustainable development ability.
Looking forward to 2022, Guocheng Mining Co.Ltd(000688) plans to mine 9.355 million tons of lead, zinc, copper, silver and molybdenum raw ore, and plans to produce 56300 tons of lead, zinc and copper, 106 tons of silver, 5945 tons of molybdenum, 177000 tons of sulfur concentrate, 245000 tons of iron sulfide powder, 223200 tons of sulfuric acid, 208500 tons of secondary iron concentrate, and 15000 tons of titanium dioxide; In addition, the company will continue to develop its own trade-related products.
