Recently, cnnc int'l (02302.HK) announced its mid-year performance. In the first half of 2024, the group recorded a gross profit increase of approximately 851% to about 6.4 million yuan, and facilitated the trade of 0.6 million pounds of natural uranium products through uranium procurement transactions with the Rossing uranium mine.
The group is focused on and will continue to deploy its existing resources in the uranium product business, develop uranium product trading business, and actively seek high-quality uranium resource projects (with a focus on production projects) to complement the development and leverage the advantages of the parent group in the field of nuclear energy.