CMOC Group Secures Consecutive Recognition as a Top-Tier Managed Company in China

Deep News07-21 19:03

CMOC Group Limited (ASX: CMOC) has once again been honored with the "China Best Managed Companies" award in the eighth edition of the program jointly organized by Deloitte China, the Hong Kong University of Science and Technology Business School, and the Chinese edition of Harvard Business Review.

The BMC (Best Managed Companies) initiative is the sole international award in China dedicated to a comprehensive evaluation of corporate management systems. According to Deloitte China, this year's selection process involved six months of confidential nominations, interviews with entrepreneurs, and expert research. Leveraging the global "Deloitte BMC Excellence in Management Standard" framework and the "CXO Excellence in Management Lab," companies were assessed across four key areas: strategy, capabilities, commitment, and financial strength. Following final review, 80 companies were selected as winners for the eighth China BMC awards, with CMOC Group being one of only 34 enterprises to receive the accolade consecutively.

Deloitte China noted that the 80 winning companies for this cycle reported a total revenue of approximately 4.4 trillion yuan for 2025, with an average operational history of 29 years, average revenue of 55.1 billion yuan, and average net profit of 3.8 billion yuan. Their overall performance surpassed that of the average A-share listed company. Additionally, the average R&D intensity stood at about 3%, with high R&D investment emerging as a key engine supporting profit growth. In the current era where AI is reshaping the global industrial landscape, these companies have proactively built up both technological and managerial capabilities, laying a solid foundation for global operations.

Since last year, CMOC Group has focused on organizational upgrades, anchored in its "Copper-Gold Dual-Pole" strategy, continuously refining management and driving technological innovation in process flows. The company has developed platform-based operational capabilities, establishing a Global Supply Chain Center, a Power Business Division, and a Major Safety Assurance Department, among other initiatives, to enhance management efficiency. Innovation in process technology has been implemented across its global mining operations. At the KFM site, an ore characteristics database and ore blending model were established to reduce acid consumption. Through self-developed active additives, the Catalão chemical plant in Brazil achieved a record high in phosphate fertilizer production. In its Chinese operations, the company has applied AI across mining, processing, and smelting stages, leading to continuous improvements in relevant recovery rate indicators.

In 2025, CMOC Group reported operating revenue of 206.684 billion yuan, maintaining its position above the 200-billion-yuan threshold for the second consecutive year. Its net profit attributable to shareholders reached 20.339 billion yuan, a year-on-year increase of 50.30%, marking the fifth consecutive year of record-breaking results and establishing the company as one of the world's top eight copper producers. For the first half of this year, CMOC Group has sustained its growth trajectory, with estimated net profit attributable to shareholders projected to be between 15.5 and 16.5 billion yuan. This represents an increase of 6.829 to 7.829 billion yuan compared to the same period last year, translating to a year-on-year growth of 78.76% to 90.29%.

Deloitte China stated that the eighth BMC awards send a clear signal: China's leading private enterprises are transitioning from being "Chinese champions" to "world champions." CMOC Group has entered a new phase of high-quality development that emphasizes both scale and capability, synergizing platform-based operations with refined management. The company is committed to building a modern mining platform characterized by robust growth, distinct capabilities, and resilience across cycles. Looking ahead, it will continue to rely on its "622 Model," adhere to the "Copper-Gold Dual-Pole" strategy, solidify its "platform-based capabilities," and strive to become a "world-leading and unique" global mining company.

In addition to the "China Best Managed Companies" award, CMOC Group was recently recognized by New Fortune magazine as one of the "2025 Best Listed Companies." Furthermore, in the "2026 Global Mining Report" released by PwC, CMOC Group ranked 12th globally and third among Chinese enterprises.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment