I. Hesheng resources
The company subscribed for the new equity of Xi 'an Xijun New Materials Co., Ltd. by way of monetary capital increase, and introduced it as a shareholder in due course according to the wishes of Chinalco Sichuan Rare Earth Co., Ltd. If this transaction can be successfully implemented, it will help to increase the company's production capacity, enrich the company's product structure and enhance the company's market competitiveness. Will continue to be based on the rare earth smelting and separation business, and strive to extend the business to the upstream and downstream ends of the rare earth industrial chain; Expand the business of rare and precious metals in a timely manner. It is estimated that the EPS in 20 15- 17 will be 0.60 yuan, 0.76 yuan and 0.89 yuan respectively.
Second, Guangsheng Nonferrous
As the only legal rare earth miner in Guangdong Province, the company is controlled by Guangdong Guangsheng Asset Management Company (Guangdong shareholding 100%). It owns five tungsten mines, controls Guangdong Province, owns all four rare earth mining licenses, and monopolizes rare earth mineral resources in Guangdong Province. According to the data of margin trading of Guangsheng (600259), on October 5th,/kloc-0, the financing purchase amount was 79,626,600 yuan, the financing repayment amount was 80,329,800 yuan, the financing net repayment amount was 703.2 million yuan, and the current financing balance was 654.38 million yuan. In terms of securities lending, 68 1000 shares were sold, 26,700 shares were repaid, 4 1400 shares were sold, and the current margin was 544,000 shares.
Finally, Xiamen tungsten industry has the largest complete tungsten industrial chain and complete rare earth industrial chain in the world. As a comprehensive leading enterprise that simultaneously promotes the business of tungsten and rare earth strategic resources and related new materials in China, it will still benefit from the long-term development of strategic emerging industries in the medium and long term. The performance of Xiamen tungsten industry is growing rapidly, and it is expected that the semi-annual report will exceed expectations. In 2020, the revenue was 65.438+089 billion yuan, a year-on-year increase of 9%; The net profit attributable to it was 6,654,380,400 yuan, a year-on-year increase of 65,438+035%; The net profit after deduction was 459 million yuan, a year-on-year increase of 337%. ROE 8.2%, leading the industry. Net profit growth in the first quarter exceeded expectations. In the first quarter, the company achieved a total operating income of 6.297 billion, a year-on-year increase of 78%; Realized a net profit attributable to 308 million, a year-on-year increase of 327.50%; The net profit after deducting non-profit was 282 million yuan, a year-on-year increase of 386.93%. From the business point of view, it is mainly divided into three core businesses: non-ferrous metal products such as tungsten and molybdenum (38.72%), rare earth (16.23%) and lithium-ion battery materials (44.47%).