Zhongtiaoshan Group and North Copper Achieved a "Good Start" in the First Quarter

As of March 31, the company's profit reached 23.72% of the annual assessment target, operating income achieved 24.54% of the annual assessment target, mine ore processing volume completed 27.33% of the annual plan, copper content in copper concentrates reached 27.59% of the annual plan, and smelting economic production achieved sustained stability, with cathode copper production completing 25.52% of the annual plan. The production of precious metals hit a record high, with gold ingot production completing 28.33% of the annual plan and silver ingot production achieving 26.17% of the annual plan, successfully realizing a "good start" in the first quarter and making strong progress towards the "half-time, half-task" goal.

The company's various units anchored their quarterly targets and tasks, scientifically organized production scheduling, and adhered to the principles of maximizing resource efficiency, value creation, overall efficiency, and operational efficiency. They focused on target breakthroughs, quality and efficiency improvement, and lean management, achieving good results. Mines seized the favorable opportunity of copper prices, optimized mining plans and production organization based on ore reserves and grade distribution, strengthened mining and processing technology management, improved the "two products and one rate" indicators, enhanced equipment maintenance, ensured continuous and stable operation, strictly controlled mining and processing costs, and maximized mine efficiency: Tongkuangyu Mine adhered to the production organization principle of "balanced stability, safety, and efficiency," completing the quarterly production and operation task target 8 days ahead of schedule; Hujiayu Mining Company actively organized the utilization of low-grade ore from surface accumulated old waste rock. Smelting units combined the procurement of copper raw materials, scientifically formulated ingredients, strengthened whole-process management, benchmarked and compared, continuously strengthened intermediate material management, reduced capital occupation, ensured metal balance, and significantly improved various economic and technical indicators and product quality: Houma Beitong Company conducted technical exchanges with smelters such as Zhongyuan Gold, Chifeng Jintong, and Nanguo Copper, strengthened late-stage furnace management, ensured side-blown furnace operation rate above 99.8% and top-blown furnace operation rate of 100%, achieving stable and continuous production; Yuanqu Smelter steadily improved the production of precious metals, with gold and silver ingot production reaching new highs. New Materials Technology Company increased the proportion of foil processing from 50% to 63%; iron content production efficiency improved by 50%, successfully producing C19210 alloy 0.8mm specification strip samples for customer testing and verification; 0.6mm transformer thin strip products passed tests by three customers, reaching a long-term strategic cooperation with one. North Copper's dedicated railway sulfuric acid tank container was first loaded and dispatched on March 20, marking the company's official entry into the era of "road-rail intermodal transport" for dangerous goods, significantly reducing enterprise logistics costs. Non-copper industries adhered to the profit-centered approach, actively responded to complex market changes, and achieved good production and operation results.

With strong winds and surging tides, thousands of sails compete; striving to be the first is the right time. In the final year of the "14th Five-Year Plan," Zhongtiaoshan Group and North Copper will always adhere to high-quality development as the overall work, shoulder the major mission of leading the high-quality development of Shanxi's copper industry, anchor the "123456" overall strategic layout and "3356" work system, focus on the annual and "14th Five-Year Plan" goals and tasks, use a "brilliant start" to boost "a splendid year," lay a solid foundation for a good start to the "15th Five-Year Plan," and write a new answer sheet for Chinese-style modernization in Zhongtiao with practical results. (Zhongxuan)