Zhongtiaoshan Group achieved the goal of "surpassing half-year targets" in both production and operation

In H1, guided by Xi Jinping's Thought on Socialism with Chinese Characteristics for a New Era, Zhongtiaoshan Group adhered to the company's overall strategic layout of "123456" and the work system of "3356", actively responded to various internal and external unfavourable factors such as mine shutdowns and production cuts, continuously low TC for copper raw materials, and increasing environmental protection pressures. The group implemented precise measures, pushed forward under pressure, and continuously advanced key tasks, maintaining stable and positive production and operation, successfully achieving the "dual halfway" goal, laying a solid foundation for the full-year target.

In H1, the company is expected to complete 100% of its planned revenue (consolidated); profits are expected to reach 85% of the annual assessment indicators; ore processing is expected to complete 103% of the plan; copper content in concentrate is expected to complete 103% of the plan; copper cathode is expected to complete 100% of the plan, gold ingots are expected to complete 146% of the plan, reaching 54.2% of the annual plan, setting a historical record; silver ingots are expected to complete 125% of the plan, reaching 53.2% of the annual plan; it is expected to produce 53.5% and 51% of the planned copper strip and copper foil respectively. The goal of "half the time, half the task" was steadily achieved, delivering high-quality results with outstanding business performance!

Party Building Leads to Cohesion

Strengthening the "Ballast Stone" for Development

Persisting in leading high-quality development with high-quality party building, deeply integrating the advantages of party building into the entire chain of production and operation. Treating the in-depth implementation of the spirit of the Central Eight Provisions as a major political task, through organizing study sessions and special party classes led by the Party Secretary, guiding party members and cadres to build a strong ideological defense and cultivate a tough working style. Organizing party members and cadres to visit the Shaanxi Yan'an Cadre College for quality and capability enhancement training and specialized training for grassroots party organization secretaries, tracing the red lineage in the revolutionary holy land, drawing spiritual strength, and consolidating the foundation of faith. Leveraging the role of vanguard teams and exemplary posts of party members, in key project construction, major equipment overhauls, and technical breakthroughs, party members and cadres took the lead, fully playing a model leading role, gathering a powerful synergy for entrepreneurship.

Strictly Upholding Safety and Environmental Protection

Weaving a Dense "Protection Net" Against Risks

Deeply studying and implementing the important instructions and comments of General Secretary Xi Jinping on safety production work, firmly adhering to the "1123" safety work approach, embedding the "zero harm" goal throughout the entire process of production and operation, and fortifying the safety line with hardcore measures. Through conducting an annual comprehensive safety inspection covering the entire company, carrying out "carpet-style" checks on key areas and critical links, ensuring that all hidden dangers are identified and thoroughly rectified. Continuously deepening the construction of a safety culture, integrating safety concepts into employees' daily lives, fostering a strong atmosphere where "everyone is a safety officer" permeating every work scenario. Taking the Work Safety Month as an opportunity, the company organized diverse activities such as safety reflection and discussion sessions, safety knowledge competitions, emergency drills, and specialized inspections to comprehensively enhance employees' safety awareness and emergency response capabilities. It improved the work safety responsibility system and promoted the regular implementation of activities including hazard identification and rectification, employee safety training, and warning education. With higher standards and stricter requirements, the company strived to build an inherently safe enterprise and create a new pattern of safe development, safeguarding high-quality development.

Refining Management to Enhance Efficiency

Tapping into Potential for Increased Efficiency

Through the implementation of refined management, the company systematically strengthened its development foundation. By reinforcing standardized operational management and optimizing processes, it laid a solid groundwork for quality and efficiency improvement. All units focused deeply on cost control, starting with optimizing production processes and precise resource allocation, deepening equipment lifecycle management, and mobilizing all employees to participate in cost-saving and efficiency-boosting practices, thereby comprehensively enhancing quality and benefits. Meanwhile, it scientifically advanced the optimal allocation of human resources, precisely matching job requirements to fully unleash talent potential. Strict control over marketing and procurement costs was maintained to comprehensively reduce expenditures and expand profit margins. With budget control as the "baton," the company strictly regulated expenses to ensure every fund was used effectively. Refined management forged the company's core strength in lean operations, injecting lasting momentum into high-quality development.

Innovation-Driven to Strengthen Momentum

Activating the "New Engine" for Development

The company continuously intensified R&D efforts, achieving major breakthroughs in key technological areas such as comprehensive utilization of copper tailings. It advanced new products and technologies including oxygen-free tough copper, C19210 processed foil, special mortar prepared from copper tailings, and soilless agricultural cultivation, positioning itself at the industry's advanced leading level. By deepening exchanges and cooperation with universities, supply chain enterprises, and research institutions, it successfully transformed scientific achievements into practical applications. The company signed a Comprehensive Cooperation Agreement with Huawei, taking solid steps toward leading high-quality development and high-level safety through digital and intelligent transformation. The New Materials Technology Company showcased its core products, including high-precision copper and copper alloy strips and high-performance rolled copper foil, at the 2025 Shanghai Munich Electronics Exhibition. Shunwang Construction Company earned the honorary title of "Innovation Pioneer" for its outstanding breakthroughs in tailings utilization technology. The Shanxi Provincial Key Laboratory of Copper-Based New Materials successfully passed acceptance, not only establishing a "source" for cutting-edge technology R&D but also integrating industry resources with an open attitude, forming a "strong magnetic field" for innovation.

At the halfway point of the mountain, we do not stop; in the middle of the stream, the boat must forge ahead. In H2, Zhongtiaoshan Group will continue to anchor its course toward high-quality development, focusing on the year's "Ten Priorities" work deployment. It will meticulously organize production and operations, actively promote key project construction and major tasks, and with a more spirited attitude, unite efforts to break through waves, accelerating the company's advancement toward high-end, green, and intelligent development, striving to write a new chapter of high-quality development for the year.