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中金:维持金诚信“跑赢行业”评级,目标价57元

CICC maintains Jchx Mining Management as "outperforming the Industry" with a Target Price of 57 yuan.

Breakings ·  Dec 12, 2024 15:27

China International Capital Corporation's research report pointed out that Jchx Mining Management (603979.SH) signed an "Equity Cooperation Agreement" with Australian Terra Mining and its shareholder DAI RUI to purchase 51% of the equity in Australian Terra Mining for 1 Australian Dollar. The transaction price for Terra Mining is low, and Jchx Mining Management will bear the bad debt losses of its receivable trade amounts. The strengths of Terra Mining and Jchx Mining Management in mining services complement each other and are expected to become Jchx Mining Management's platform for international mining service business. Overall, Jchx Mining Management, as a leading integrated operation service provider in the mining sector, has achieved a milestone development with its "mining service + resources" Global Strategy, which highlights its value. Maintaining an outperform rating for the Industry and a Target Price of 57 yuan.

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