Jiangxi Copper Co. Ltd. Announces RMB348.75 Million Asset Impairment for H1 2025 Due to Land Use Planning Conflict

Reuters08-28

<a href="https://laohu8.com/S/JIAXF">Jiangxi Copper</a> Co. Ltd. Announces RMB348.75 Million Asset Impairment for H1 2025 Due to Land Use Planning Conflict

Jiangxi Copper Company Limited announced a significant accounting adjustment for the first half of 2025. The company's board approved a provision for impairment on assets totaling RMB348.75 million, due to the Chengmenshan Copper Mine Majiagou tailings pond project not aligning with updated regional land use plans. This includes RMB313.46 million for other non-current assets and RMB35.29 million for construction in progress. The adjustments are made in compliance with the "Accounting Standards for Business Enterprises" to accurately reflect the company's financial position as of June 30, 2025. The decision was confirmed at the board meeting on August 28, 2025, under the chairmanship of Zheng Gaoqing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jiangxi Copper Co. Ltd. published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.

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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2562056462?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-08-28 22:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2562056462","market":"us","top_or_hot":-1,"title":"Jiangxi Copper Co. Ltd. Announces RMB348.75 Million Asset Impairment for H1 2025 Due to Land Use Planning Conflict","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/JIAXF\">Jiangxi Copper</a> Co. Ltd. Announces RMB348.75 Million Asset Impairment for H1 2025 Due to Land Use Planning Conflict\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/600362\">Jiangxi Copper</a> Company Limited announced a significant accounting adjustment for the first half of 2025. The company's board approved a provision for impairment on assets totaling RMB348.75 million, due to the Chengmenshan Copper Mine Majiagou tailings pond project not aligning with updated regional land use plans. This includes RMB313.46 million for other non-current assets and RMB35.29 million for construction in progress. The adjustments are made in compliance with the \"Accounting Standards for Business Enterprises\" to accurately reflect the company's financial position as of June 30, 2025. The decision was confirmed at the board meeting on August 28, 2025, under the chairmanship of Zheng Gaoqing.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jiangxi Copper Co. Ltd. published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jiangxi Copper Co. Ltd. Announces RMB348.75 Million Asset Impairment for H1 2025 Due to Land Use Planning Conflict</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJiangxi Copper Co. Ltd. Announces RMB348.75 Million Asset Impairment for H1 2025 Due to Land Use Planning Conflict\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-28 22:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/JIAXF\">Jiangxi Copper</a> Co. Ltd. Announces RMB348.75 Million Asset Impairment for H1 2025 Due to Land Use Planning Conflict\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/600362\">Jiangxi Copper</a> Company Limited announced a significant accounting adjustment for the first half of 2025. The company's board approved a provision for impairment on assets totaling RMB348.75 million, due to the Chengmenshan Copper Mine Majiagou tailings pond project not aligning with updated regional land use plans. This includes RMB313.46 million for other non-current assets and RMB35.29 million for construction in progress. The adjustments are made in compliance with the \"Accounting Standards for Business Enterprises\" to accurately reflect the company's financial position as of June 30, 2025. The decision was confirmed at the board meeting on August 28, 2025, under the chairmanship of Zheng Gaoqing.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jiangxi Copper Co. Ltd. published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0196","symbol_name":"行业龙头","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250828:nNDLTW0VG:1","article_id":"2562056462","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2562056462","pubTimestamp":1756392257,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Jiangxi Copper Company Limited announced a significant accounting adjustment for the first half of 2025. The company's board approved a provision for impairment on assets totaling RMB348.75 million, due to the Chengmenshan Copper Mine Majiagou tailings pond project not aligning with updated regional land use plans. This includes RMB313.46 million for other non-current assets and RMB35.29 million for construction in progress. The adjustments are made in compliance with the \"Accounting Standards for Business Enterprises\" to accurately reflect the company's financial position as of June 30, 2025. The decision was confirmed at the board meeting on August 28, 2025, under the chairmanship of Zheng Gaoqing.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or le","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"600362":"江西铜业","BK0196":"行业龙头","BK0028":"国家队","BK0201":"可转债","BK0183":"MSCI概念","BK0188":"融资融券","BK0233":"有色加工"},"translate_title":"江西铜业公布2025年上半年因土地利用规划冲突资产减值3.4875亿元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"600362":0.9},"content_text":"Jiangxi Copper Co. Ltd. Announces RMB348.75 Million Asset Impairment for H1 2025 Due to Land Use Planning Conflict\n    \n\nJiangxi Copper Company Limited announced a significant accounting adjustment for the first half of 2025. The company's board approved a provision for impairment on assets totaling RMB348.75 million, due to the Chengmenshan Copper Mine Majiagou tailings pond project not aligning with updated regional land use plans. This includes RMB313.46 million for other non-current assets and RMB35.29 million for construction in progress. The adjustments are made in compliance with the \"Accounting Standards for Business Enterprises\" to accurately reflect the company's financial position as of June 30, 2025. The decision was confirmed at the board meeting on August 28, 2025, under the chairmanship of Zheng Gaoqing.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jiangxi Copper Co. Ltd. published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2562056462","isCrawlerRequest":true}