Zhaojin Mining Co., Ltd. announced the financial performance and operational details for the first half of 2024 ending on June 30. The report indicates that the company's first-half revenue reached 808.56556 billion RMB, with a net profit of 94.56706 billion RMB. As of the first half of the year, Zhaojin Mining's total assets were 5317.09309 billion RMB, total liabilities were 1549.12321 billion RMB, and shareholder equity was 2448.78435 billion RMB. In terms of operations, the company is currently executing a mining construction project with a total investment of 76.32 billion RMB, of which 40.3 billion RMB has already been invested. Zhaojin Mining continues to invest in mining projects and infrastructure construction, with no significant unresolved administrative penalties in the past three years or the current period...Show More

Zhaojin Mining Co., Ltd. announced the financial performance and operational details for the first half of 2024 ending on June 30. The report indicates that the company's first-half revenue reached 808.56556 billion RMB, with a net profit of 94.56706 billion RMB. As of the first half of the year, Zhaojin Mining's total assets were 5317.09309 billion RMB, total liabilities were 1549.12321 billion RMB, and shareholder equity was 2448.78435 billion RMB. In terms of operations, the company is currently executing a mining construction project with a total investment of 76.32 billion RMB, of which 40.3 billion RMB has already been invested. Zhaojin Mining continues to invest in mining projects and infrastructure construction, with no significant unresolved administrative penalties in the past three years or the current period that would adversely affect the issuance. Restricted assets of the company include 536,767,864 RMB in monetary funds and other current assets restricted due to eco-friendly guarantees, bill payment guarantees, and reserve requirements by the People's Bank of China. Additionally, the company has no significant off-balance sheet guarantee obligations that would impact the current issuance. Zhaojin Mining maintains an AAA credit rating with a stable outlook. The raised funds will be used to repay interest-bearing debts.