SMM: since the beginning of this year, Shaanxi Nonferrous Metals Group has conscientiously implemented General Secretary Xi Jinping's important speech on inspection in Shaanxi, thoroughly implemented General Secretary Xi Jinping's instruction of "gradually forming a new development pattern with domestic and international double cycles promoting each other," and fully implemented the work requirements of the CPC Central Committee, the State Council's decision-making and deployment, the Shaanxi Provincial Party Committee and Provincial Government, and the Shaanxi Provincial State-owned assets Supervision and Administration Commission on the steady economic growth of provincial enterprises. On the one hand, we should strictly grasp the prevention and control of the epidemic situation, on the other hand, we should pay close attention to the resumption of work and production, and on the other hand, we should ensure that the goals, tasks and standards remain unchanged. While doing a good job in epidemic prevention and control and protecting the health and safety of workers, we should take the "action to improve the health and safety of workers" as an opportunity to face challenges and face up to difficulties, make every effort to implement measures to stabilize growth, do our best to ensure the stable operation of production, and achieve sustained, healthy and stable development. From January to September, the output of major products increased steadily, with a total production of 685000 tons of aluminum ingots, an increase of 14.7 percent over the same period last year; 348000 tons of zinc ingots, an increase of 14.5 percent; 733kg of gold (finished gold), an increase of 18 percent over the same period last year; and 16000 tons of titanium, an increase of 6.9 percent over the same period last year. The sales volume of molybdenum products increased by 3.1% compared with the same period last year, and the main production and management indicators of owned enterprises such as Gold and Molybdenum Group, Bao Ti Group, and Yulin New Materials rose against the trend, with gratifying results.
Molybdenum products of Gold Molybdenum Group
Sales rose against the trend compared with the same period last year.
Affected by the epidemic abroad, since the beginning of this year, trade protectionism has risen, the world economy has been in the doldrums, and the global market has shrunk. Gold and Molybdenum Group has stepped up its efforts to develop the domestic market in the molybdenum chemical sector. in the first three quarters, domestic sales increased by 34% compared with the same period last year. In the case of increasing competition in the domestic market, Jin Mo Group continues to optimize furnace charge customers and consolidate its position in the industry. from January to September, the sales volume of furnace charge products is the same as that of the same period last year. In the market development of molybdenum metal products, Jin Mo Group continues to accelerate the pace of high-quality development, and the sales of high-end products-molybdenum targets increased by 59.1% compared with the same period last year. From January to September, sales of molybdenum products as a whole rose 3.1% against the same period last year.
Output value and output of Baotian Group
And achieve greater growth in benefits.
On the basis of the smooth realization of "double more than half" in the first half of the year, Bao Ti Group adopted a more active production and management strategy in the third quarter, through extensive labor competitions, skills competitions, strengthening marketing and other ways, to create a good atmosphere in which everyone strives to be in the first place and is not willing to lag behind, and the production and operation will rise to a new level. By the end of September, the output value, output, productive income and benefits of Baotian Group have all achieved great growth, and it is expected to successfully complete the target task for the whole year. The wide and thick plate company closely revolves around the "three markets", promotes the "three capabilities", takes the "15551" high-quality development action program as the guide, continuously deepens the reform, optimizes the production organization, improves the product quality, strengthens the equipment management, and improves the management efficiency. By the end of September, the output of various products had reached 21332.53 tons, an increase of 15.35 percent over the same period last year, and profits increased by 87.76 percent over the same period last year, achieving the annual profit target three months ahead of schedule.
Geology and Mineral Resources Group, Gold Group
Showing a momentum of healthy and stable development
The Northwest Nonferrous Geology and Mineral Resources Group and Shaanxi Gold Group pay close attention to the target at the beginning of the year to find the gap, reverse the construction period to catch up with the progress, implement scientific measures and adopt multiple measures at the same time, strive to solve the difficulties, dredge the blocking points, actively cultivate growth points, and extensively solicit ways to stabilize growth. Centering on multiple measures to increase efficiency, research and judgment policies to seize opportunities, strengthen management to improve efficiency, deepen reform and increase power, innovation drive to stimulate vitality, strict control of funds to prevent risks, brand marketing to expand the impact, comprehensive guarantee to promote implementation, assessment rewards and punishments and other 9 aspects to further formulate 39 specific measures. In the first three quarters, in the work of anti-epidemic and resumption of work, flood control and disaster relief, and steady industrial growth, we unswervingly promoted the strategy of "focusing on the main industry, two-wheel drive, multi-industry and leapfrog development", taking "based on the Qinling Mountains and jumping out of the Qinling Mountains" as a measure to seize the first opportunity, fight the front line, ensure supply and grab production, the momentum of industrial transformation is strong, reform and restructuring are promoted in an orderly manner, scientific and technological innovation is bright, and remarkable achievements have been made in green development. Showing a healthy and stable momentum of development. By the end of September, Northwest Nonferrous Geology and Mining Group had achieved a cumulative operating income of 2.46 billion yuan, fulfilling 88.94 percent of the annual target assigned by Shaanxi Nonferrous Metals Group; producing 35490 tons of lead and zinc metals, 98.58 percent of the annual plan; and producing 254.6 kilograms of gold. 77.15% of the annual plan. From January to September, Shaanxi Gold Group achieved a cumulative operating income of 2.828 billion yuan, completed 81% of the annual target task assigned by Shaanxi Nonferrous Metals Group, realized a total profit of 13.41 million yuan, completed 78.9% of the annual target task assigned by Shaanxi Nonferrous Metals Group, and produced a total of 477.92 kg of mineral gold, an increase of 10% over the same period last year, and produced 4800 kg of standard gold, 69% of the annual plan.
New materials in Yulin
Stable operation and improved profitability
Shaanxi Nonferrous Yulin New Materials Group Co., Ltd. is Shaanxi Nonferrous Metals Group in accordance with the requirements of the Shaanxi provincial party committee and provincial government's "large group leadership, large project support, cluster promotion, park bearing". The new materials group is set up around the strategic deployment and investment of "three transformations" in the construction of energy and chemical industry bases in northern Shaanxi, so as to create a circular economy industrial park with supporting upstream and downstream industries and comprehensive utilization of energy and resources. Built a coal, electricity, aluminum and transportation and marketing as one of the complete industrial chain. Since the beginning of this year, Yulin New Materials Group has overcome the impact of the epidemic, made great efforts to do a good job in the continuous and stable operation of production, strive to increase revenue and reduce expenditure, pay close attention to lean management, promote the reform of general control and staffing staff, and improve the internal control system. By the end of September, the operating income was 15.064 billion yuan and the net profit was 1.243 billion yuan.
The two enterprises are pleased to win
The 2020 Aluminum Summit of China is a special honor.
Shaanxi Nonferrous Trading Company overcomes the impact of COVID-19 's epidemic situation and promotes the coordinated development of business in various sectors as a whole, especially in the aluminum plate trade, and the influence of the industry is expanding day by day. At the Aladdin (ALD) 2020 (15th) Aluminium Summit of China, it was awarded the title of "High quality Trader of China Aluminum Industry in 2020" through expert review and joint voting of upstream and downstream customers and suppliers.
Shaanxi Nonferrous Yulin New material Group Co., Ltd. remelts aluminum ingots "YUAL Yu aluminum" with good quality, high color, high up-to-standard rate and good market reputation, and has been awarded "Shaanxi famous Brand products" by the Shaanxi provincial government. at present, the sales market has covered most areas of North China, East China, South China and Central Plains, and the company has become an important part of the aluminum industry in Shaanxi Province and even China. 453900 tons of aluminum ingots were produced by the end of September. In Aladdin (ALD) 2020 (15th) Aluminum Summit of China, won the "2020 China Aluminum Industry most competitive Enterprise Award".
At present, Shaanxi Nonferrous Metals Group has thoroughly studied and implemented the spirit of the Fifth Plenary session of the 19th CPC Central Committee, fully implemented a number of measures to promote ownership enterprises to do a good job of stabilizing growth in 2020, focus on the main business, highlight the main business, generate endogenous power through reform, stimulate vitality with innovation, pay attention to quality, sprint, strive for a good harvest throughout the year, and forge ahead towards the goal of building a world-class enterprise with global influence.
![Platinum Prices Held Up Well Intraday, Spot Discounts Remained Basically Flat, and Overall Trading Was Sluggish [SMM Daily Review]](https://imgqn.smm.cn/usercenter/fNuSg20251217171735.jpg)