JIANGXI COPPER (00358) announced its full-year financial results for the fiscal year ended December 31, 2025. The Group reported operating revenue of RMB 544.623 billion, a year-on-year increase of 5.42%. Net profit attributable to shareholders of the listed company was RMB 71.3 billion, rising by 2.41% compared to the previous year. Basic earnings per share were RMB 2.07, and a final dividend of RMB 0.6 per share was declared.
In 2025, the company continued to strengthen its core industries while strategically expanding into emerging sectors, driving high-quality development in its physical industrial operations. Several key projects were successfully completed and commenced operations. These include the upgrade of the copper-molybdenum separation flotation system at the Dexing Copper Mine, the technical renovation and expansion of Jiangtong Guoxing's 260,000-ton cathode copper facility, the comprehensive recovery of gold and polymetallic ores at Hengbang, the capacity expansion of Jiangxi Cable's 500kV ultra-high voltage cross-linked cable production, and the Phase I 30,000-ton technical upgrade and Phase II 150,000-ton cathode copper expansion at Hongyuan. These initiatives have further enlarged the scale of the company's dominant industrial clusters and enhanced their competitiveness.
Concurrently, projects such as East China Lithium Battery Copper Foil, the Shangrao 10,000-ton/year photovoltaic ribbon production line, and high-efficiency permanent magnet motors have gradually ramped up capacity. The company is actively capturing market opportunities in emerging industries including new energy vehicles, semiconductor packaging, and AI computing power, cultivating new profit growth drivers.
Mining and smelting operations fully leveraged the favorable conditions of high copper prices. By adhering to the principle of comprehensive resource utilization—processing both high-grade and low-grade ores to maximize value—key technical and economic indicators, such as molybdenum recovery rate, sulfur recovery rate, and overall copper smelting recovery rate, reached record highs. This has led to continuous improvement in comprehensive resource utilization efficiency.
Processing and marketing units focused on product iteration, management enhancement, and cost reduction to achieve steady profit growth amid intense market competition. Trading and financial units concentrated on supporting core operations, enhancing collaboration across the industrial chain, and improving the ability to coordinate domestic and international resources, thereby providing strong support for the company's production and operational objectives.
The company continues to deepen its "resources-first" strategy, accelerating the expansion of its resource portfolio and strengthening resource security capabilities. In 2025, JIANGXI COPPER collaborated with First Quantum Minerals on resource drilling research in Kazakhstan, aiming for new breakthroughs in resource reserves. The South America office officially commenced operations, and new subsidiaries were established in Saudi Arabia and Kazakhstan, extending the company's overseas presence and broadening channels for international resource acquisition.
Comments