Can Luoyang Molybdenum Stock be held for a long time?

Yes

1. Whether Luoyang Molybdenum Co., Ltd. can be held for a long time needs to be judged from different aspects such as the company's main products, industry status, future development prospects and the pace of the company's development. On February 1 day, the closing price of Luoyang Molybdenum Co., Ltd. was 7 13 yuan, and the total market value was1540.03 million.

2. The full name of Luoyang Molybdenum Industry is Luoyang Luanchuan Molybdenum Industry Group Co., Ltd., which is mainly engaged in mining, smelting and deep processing of copper, molybdenum, tungsten, cobalt, niobium and phosphorus, and has a relatively complete integrated industrial chain. It is the world's five largest producers of molybdenum and tungsten, the world's second largest producer of cobalt and niobium and the world's leading producer of copper, and the second largest producer of phosphate fertilizer in Brazil.

3. The shareholders of Luoyang Luanchuan Molybdenum Group Co., Ltd. (September 30, 2020) are Shang Hong Industrial Holding Group Co., Ltd. (accounting for 24.69% of the total share capital), Luoyang Mining Group Co., Ltd. (24.68%), HKSCC Nominee Co., Ltd. (16.62%) and China State-owned Enterprise Restructuring Fund Co., Ltd. (2.88).

4. Luoyang Luanchuan Molybdenum Group Co., Ltd. was established on February 22, 20 14, 1999, with its registered place at Huamei Mountain Road, Chengdong New District, Luanchuan County, Luoyang City, Henan Province, and its registered authority is Henan Provincial Market Supervision Administration. It used to be Luoyang Luanchuan Molybdenum Group Co., Ltd. ..

5. The foreign investment of Luoyang Luanchuan Molybdenum Group Co., Ltd. includes Schmoeker (Shanghai) International Trading Co., Ltd., Luoyang Gaoxin Tungsten Molybdenum Material Co., Ltd., Luanchuan Qixing Mining Co., Ltd., Luoyang Molybdenum Group Metal Material Co., Ltd., Luoyang Luanchuan Molybdenum Group Sales Co., Ltd., Luoyang Yuehe Real Estate Co., Ltd. and Luoyang Luanchuan Molybdenum Group Smelting Co., Ltd. ..

1. Luoyang Molybdenum said in the announcement that the company is committed to establishing an effective, three-dimensional and multi-level salary incentive system. At present, the operating units distributed overseas are all from internationally renowned companies, and the salary system and long-term and short-term incentives followed by each operating unit are relatively mature.

2. The company needs to constantly explore and integrate various salary incentive systems and practices, which is a gradual process, including employee stock ownership plan and future equity incentive plan.