Zitong Financial App News, Xinjiang Xinxin Mining (03833) released its annual results for the year ended December 31, 2021, with operating income of 2.382 billion yuan (RMB, the same below), an increase of 28.5% over the same period last year; net profit belonging to the company's shareholders was 515.6 million yuan, up 239.6% from the same period last year; basic profit per share is 0.233 yuan.

The increase in the Group's comprehensive net profit this year is mainly due to the increase in the market prices of electrolytic nickel and cathode copper, the increase in the nickel grade of the main mining ores in the main mines, and the carding and optimization of the whole production process of mining, separation and metallurgy. Reduce production costs and various expenses, and adopt the spot and futures point sales marketing method, efforts to improve the sales price of products, improve the economic benefits of the enterprise.