In the first half of 2008, the company's production and operation were in good condition, and the molybdenum concentrate produced was equivalent to 7029.97 tons of metallic molybdenum; The sales income is 3.395 billion yuan, the net profit attributable to the owners of the parent company is 65.438+0.745 billion yuan, and the earnings per share is 0.649 yuan/share. Due to the pre-increase in the previously announced performance, the actual performance is basically consistent with market expectations. On the whole, the company's operating conditions in the first half of 2008 were outstanding in the field of non-ferrous metals industry, reflecting the good fundamentals of the current molybdenum industry.
Due to the scarcity of resources, the production profits within the molybdenum industrial chain are highly concentrated in the mining and beneficiation of molybdenum concentrate, while the barriers of roasting, smelting and processing in the downstream industries are not obvious, and the profitability is relatively weak. According to our calculation, in the first half of 2008, the company's self-produced tin concentrate business contributed about 2 billion yuan in gross profit, accounting for about 80% of the company's business, which fully reflected the business model of capital-based enterprises. Having abundant molybdenum concentrate resources is the core competitiveness of the company at present and in the future, and the steady expansion based on self-produced molybdenum concentrate will still be the main internal driving force for the company's performance growth in the future.
The company's total assets exceed 20 billion yuan, which has strong economic development strength and comprehensive competitiveness. The company has nine unincorporated production units and nine wholly-owned and shareholding companies. The annual output of various molybdenum products is about 6.5438+0.3 million tons, and the main production bases are located in hua county, Weinan, Chang 'an, Ruyang, Henan and Zibo, Shandong.
Jin Mo Group is the executive director of International Molybdenum Association and the president of Molybdenum Branch of China Nonferrous Metals Industry Association. It has successively won the National May 1st Labor Award, the National Advanced Enterprise for Comprehensive Utilization of Resources, the National Advanced Enterprise for Environmental Protection, the National Advanced Mining Enterprise for Rational Development and Utilization of Mineral Resources, the National Excellent Enterprise for Corporate Culture Construction, the Shaanxi Quality-benefit Enterprise and the Advanced Enterprise for Safety Production Management, and was awarded the title of "China Molybdenum Capital" by China Mining Association. Jinmo Group has established a technology R&D system with technology center and postdoctoral research center as the main body, and has the only national enterprise technology center in China specializing in research and development of molybdenum and related refractory metals. It has also established long-term cooperation in scientific research and development with many well-known universities and professional research institutes, and hosted the only scientific journal of molybdenum industry in China, China Molybdenum Industry, which has made a lot of important achievements in R&D and industrialization of molybdenum products and led the future development of molybdenum industry in China.
The company mainly produces more than 20 first-class products in three series: molybdenum ingredients, molybdenum chemicals and molybdenum metal products processing, as well as by-products such as sulfur, iron and copper. The products mainly include: molybdenum concentrate, roasted molybdenum concentrate, ammonium molybdate, high-purity molybdenum trioxide, molybdenum disulfide, organic molybdenum, catalyst, molybdenum powder, molybdenum wire, molybdenum rod, molybdenum blank, molybdenum profile, forged molybdenum plate, tungsten electrode, sulfur concentrate, magnetite and copper concentrate.
Gold and Molybdenum Group has the largest open-pit molybdenum mine, molybdenum concentrator and smelter in Asia, and a large number of advanced mining, dressing and metallurgy, hydrometallurgy and finishing equipment. The annual total amount of mining and stripping, ore supply and daily processing capacity rank first in the same industry in China. It has advanced molybdenum chemical and metal processing production lines in the world. The products such as ammonium molybdate, high-purity molybdenum trioxide, high-purity molybdenum disulfide, molybdenum powder, molybdenum bar blank, molybdenum wire and various molybdenum shaped parts have stable quality and large-scale production capacity. The molybdenum industry in China took the lead in using ERP information management platform, and passed the certification of ISO900 1 quality management system, ISO 1400 1 environmental management system and OHSAS 1800 1 occupational health and safety management system. Molybdenum series products are exempt from inspection. Molybdenum concentrate and industrial molybdenum oxide are famous brands in China. Main products such as molybdenum concentrate and ammonium molybdate have been certified by many world-renowned enterprises.
Jinmo Group has a perfect international marketing network, with a holding company in Hong Kong as the external window and business representative offices in the United States, Germany and Japan. We have cultivated a large number of long-term loyal customers and established long-term and stable technical exchanges and trade cooperation relations with a group of Fortune 500 enterprises. Most of its products are sold to Europe, America, Africa, Australia, Japan, South Korea, India and other Asian countries and regions. Molybdenum series products account for about 8% of the world molybdenum market share, and JDC brand enjoys a high reputation in the world molybdenum industry.