Announcement • Jun 03
Jinchuan Group International Resources Co. Ltd Proposes Special Dividend for the Year Ended December 31, 2025 Jinchuan Group International Resources Co. Ltd. proposed in the annual general meeting to be held on June 26, 2026, to approve the payment of a special dividend of 0.2 HK cent per share for year ended 31 December 2025. Announcement • Apr 24
Alternative Liquidity Index LP a fund managed by Alternative Liquidity GP LLC completed the acquisition of 0.16% stake in Jinchuan Group International Resources Co. Ltd (SEHK:2362) for HKD 0.21 million. Alternative Liquidity Index LP a fund managed by Alternative Liquidity GP LLC proposed to acquire 5.33% stake in Jinchuan Group International Resources Co. Ltd (SEHK:2362) for HKD 7 million on March 4, 2026. A cash consideration valued at HKD 0.01 per share will be paid by Alternative Liquidity GP LLC. The Offeror will finance the consideration payable under the Partial Offer through its internal resources. As of April 9, 2026, Jinchuan Group International Resources Co. Ltd issued the Response Document to the Qualifying Shareholders in relation to the Partial Offer, including the recommendation from the Independent Board Committee and the advice from the Independent Financial Advises before deciding whether to accept or reject the Partial Offer. Trading in the shares of the Company on the Stock Exchange has been suspended with effect from March 28, 2026 and will remain suspended until further notice.
The expected completion of the transaction is April 23, 2026.
Somerley Capital Limited acted as financial advisor for Alternative Liquidity GP LLC. Altus Capital Limited acted as financial advisor for Jinchuan Group International Resources Co. Ltd. Red Sun Capital Limited has been appointed by Jinchuan Group International Resources with the approval of the Independent Board Committee as the independent financial adviser to advise the Independent Board Committee in respect of the Offer and, in particular, as to whether the Offer is fair and reasonable and as to its acceptance.
Alternative Liquidity Index LP a fund managed by Alternative Liquidity GP LLC completed the acquisition of 0.16% stake in Jinchuan Group International Resources Co. Ltd (SEHK:2362) for HKD 0.21 million on April 23, 2026. Announcement • Apr 01
Jinchuan Group International Resources Co. Ltd, Annual General Meeting, May 26, 2026 Jinchuan Group International Resources Co. Ltd, Annual General Meeting, May 26, 2026. Announcement • Jun 30
Jinchuan Group International Resources Co. Ltd Announces Change of Composition of the Board Committees, Effective 30 June 2025 The board of directors of Jinchuan Group International Resources Co. Ltd. hereby announced that Ms. Han Ruixia has been appointed as a member of the Remuneration and Nomination Committee. The aforementioned change will take effect from 30 June 2025. Following the above changes, the Remuneration and Nomination Committee comprises three independent non-executive Directors (namely Mr. Yen Yuen Ho, Tony, the chairman of the Remuneration and Nomination Committee, Mr. Poon Chiu Kwok and Ms. Han Ruixia) and one executive director (namely Mr. Cheng Yonghong), and has one director of a different gender with effect from 30 June 2025. Announcement • May 06
Jinchuan Group International Resources Co. Ltd, Annual General Meeting, May 28, 2025 Jinchuan Group International Resources Co. Ltd, Annual General Meeting, May 28, 2025, at 15:00 China Standard Time. Location: united conference centre, 10/f, united centre, 95 queensway., Hong Kong Announcement • Apr 14
Jinchuan Group International Resources Co. Ltd has filed a Follow-on Equity Offering in the amount of HKD 395.64 million. Jinchuan Group International Resources Co. Ltd has filed a Follow-on Equity Offering in the amount of HKD 395.64 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 630,000,000
Price\Range: HKD 0.628 Announcement • Mar 26
Jinchuan Group International Resources Co. Ltd has completed a Follow-on Equity Offering in the amount of HKD 388.71 million. Jinchuan Group International Resources Co. Ltd has completed a Follow-on Equity Offering in the amount of HKD 388.71 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 630,000,000
Price\Range: HKD 0.617 Announcement • Mar 15
Jinchuan Group International Resources Co. Ltd has filed a Follow-on Equity Offering in the amount of HKD 388.71 million. Jinchuan Group International Resources Co. Ltd has filed a Follow-on Equity Offering in the amount of HKD 388.71 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 630,000,000
Price\Range: HKD 0.617 Announcement • Mar 14
Jinchuan Group International Resources Co. Ltd to Report Fiscal Year 2024 Results on Mar 26, 2025 Jinchuan Group International Resources Co. Ltd announced that they will report fiscal year 2024 results on Mar 26, 2025 Announcement • Mar 10
Jinchuan Group International Resources Co. Ltd Provides Preliminary Consolidated Earnings Guidance for the Year Ended 31 December 2024 Jinchuan Group International Resources Co. Ltd. provided preliminary consolidated earnings guidance for the year ended 31 December 2024. Based on the preliminary review of the latest unaudited consolidated management accounts of the Group and the current information available to the Board, the Group is expected to record a consolidated loss attributable to the shareholders of the Company of not more than $5 million for the year ended 31 December 2024 (the "Reporting Period") as compared to the consolidated loss attributable to shareholders of the Company of approximately $12 million for the year ended 31 December 2023. Reported Earnings • Sep 29
First half 2024 earnings released: EPS: US$0.001 (vs US$0.001 loss in 1H 2023) First half 2024 results: EPS: US$0.001 (up from US$0.001 loss in 1H 2023). Revenue: US$283.0m (down 14% from 1H 2023). Net income: US$9.24m (up US$21.7m from 1H 2023). Profit margin: 3.3% (up from net loss in 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Announcement • Aug 14
Jinchuan Group International Resources Co. Ltd to Report First Half, 2024 Results on Aug 23, 2024 Jinchuan Group International Resources Co. Ltd announced that they will report first half, 2024 results on Aug 23, 2024 Announcement • Jun 27
Jinchuan Group International Resources Co. Ltd Approves Final Dividend for the Year Ended 31 December 2023 Jinchuan Group International Resources Co. Ltd. at its annual general meeting held on 26 June 2024, approved the payment of a final dividend of 0.2 Hong Kong cent per share for the year ended 31 December 2023. Reported Earnings • May 02
Full year 2023 earnings released: US$0.001 loss per share (vs US$0 in FY 2022) Full year 2023 results: US$0.001 loss per share (further deteriorated from US$0 in FY 2022). Revenue: US$638.9m (down 28% from FY 2022). Net loss: US$11.6m (down US$12.6m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Announcement • May 01
Jinchuan Group International Resources Co. Ltd, Annual General Meeting, Jun 26, 2024 Jinchuan Group International Resources Co. Ltd, Annual General Meeting, Jun 26, 2024. Announcement • Mar 26
Jinchuan Group International Resources Co. Ltd Announces Final Dividend for the Year Ended 31 December 2023, Payable on 31 July 2024 Jinchuan Group International Resources Co. Ltd. announced dividend of HKD 0.002 per share Final Dividend for the Year Ended 31 December 2023. Payment date is 31 July 2024. Reported Earnings • Mar 25
Full year 2023 earnings released: US$0.001 loss per share (vs US$0 in FY 2022) Full year 2023 results: US$0.001 loss per share (further deteriorated from US$0 in FY 2022). Revenue: US$638.9m (down 28% from FY 2022). Net loss: US$11.6m (down US$12.6m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Announcement • Mar 14
Jinchuan Group International Resources Co. Ltd to Report Fiscal Year 2023 Results on Mar 22, 2024 Jinchuan Group International Resources Co. Ltd announced that they will report fiscal year 2023 results on Mar 22, 2024 New Risk • Feb 01
New major risk - Revenue and earnings growth Earnings have declined by 10% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 10% per year over the past 5 years. Reported Earnings • Oct 01
First half 2023 earnings released: US$0.001 loss per share (vs US$0.004 profit in 1H 2022) First half 2023 results: US$0.001 loss per share (down from US$0.004 profit in 1H 2022). Revenue: US$327.1m (down 39% from 1H 2022). Net loss: US$12.5m (down 125% from profit in 1H 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 20
First half 2023 earnings released: US$0.001 loss per share (vs US$0.004 profit in 1H 2022) First half 2023 results: US$0.001 loss per share (down from US$0.004 profit in 1H 2022). Revenue: US$327.1m (down 39% from 1H 2022). Net loss: US$12.5m (down 125% from profit in 1H 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Announcement • Aug 08
Jinchuan Group International Resources Co. Ltd to Report First Half, 2023 Results on Aug 18, 2023 Jinchuan Group International Resources Co. Ltd announced that they will report first half, 2023 results on Aug 18, 2023 Announcement • May 25
Jinchuan Group International Resources Co. Ltd Approves Payment of Final Dividend for the Year Ended 31 December 2022 Jinchuan Group International Resources Co. Ltd. approved the payment of a final dividend of HK 0.2 cent per share for the year ended 31 December 2022 at the Annual General Meeting held on May 24, 2023. Reported Earnings • Mar 25
Full year 2022 earnings released: EPS: US$0 (vs US$0.01 in FY 2021) Full year 2022 results: EPS: US$0 (down from US$0.01 in FY 2021). Revenue: US$881.6m (up 6.0% from FY 2021). Net income: US$1.03m (down 99% from FY 2021). Profit margin: 0.1% (down from 14% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Nov 14
Jinchuan Group International Resources Co. Ltd Provides Unaudited Consolidated Earnings Guidance for the Year Ended 30 December 2022 Jinchuan Group International Resources Co. Ltd. provided unaudited consolidated earnings guidance for the year ended 30 December 2022. The Board would like to inform the shareholders of the Company and potential investors that, based on the preliminary review of the latest unaudited consolidated management accounts of the Group for the nine months ended 30 September 2022 and the information currently available to the Board and assuming there are no significant unexpected changes to the operating environment in the period from the date of this announcement to 31 December 2022, the Group expects to record a decrease in profit attributable to shareholders of the Company for the year ending 31 December 2022 in the range between USD 1 million to USD 10 million, as compared to the profit attributable to shareholders of the Company of approximately USD 120.5 million for the year ended 31 December 2021. Reported Earnings • Aug 20
First half 2022 earnings released: EPS: US$0.004 (vs US$0.005 in 1H 2021) First half 2022 results: EPS: US$0.004 (down from US$0.005 in 1H 2021). Revenue: US$539.4m (up 50% from 1H 2021). Net income: US$49.1m (down 20% from 1H 2021). Profit margin: 9.1% (down from 17% in 1H 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 25%, compared to a 4.8% growth forecast for the Metals and Mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Aug 10
Jinchuan Group International Resources Co. Ltd to Report First Half, 2022 Results on Aug 19, 2022 Jinchuan Group International Resources Co. Ltd announced that they will report first half, 2022 results on Aug 19, 2022 Announcement • Aug 06
Jinchuan Group International Resources Co. Ltd Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022 Jinchuan Group International Resources Co. Ltd. announced that, based on the preliminary review of the latest unaudited consolidated management accounts of the Group and the current information available to the Board, the Group expects to record a decrease in profit attributable to shareholders of the Company for the six months ended 30 June 2022 to approximately $49.5 million, as compared to the profit attributable to shareholders of the Company of approximately $61.1 million for the same period in 2021. Announcement • Jul 21
Jinchuan Group International Resources Co. Ltd. Appoints Han Ruixia as Independent Non-Executive Director The board of directors of Jinchuan Group International Resources Co. Ltd. announced that Ms. Han Ruixia ("Ms. Han") has been appointed as an independent non-executive director of the Company with effect from 20 July 2022. Ms. Han, aged 37, obtained her PhD in Economics (Finance), master degree in Economics (Venture Capital) and bachelor degree of Economics (Finance) from Renmin University of China. She is the deputy chief executive officer and executive director of Mason Group Holdings Limited since 16 April 2020, and an independent non-executive director of China Gold International Resources Corp. Ltd. since 25 June 2019. Prior to joining Mason Group Holdings Limited in late 2019, Ms. Han was head of operations and risk of MEC Advisory Limited, which was the sole investment advisor to Can-China Global Resource Fund. Ms. Han's role in MEC Advisory Limited included investment, accounting, finance treasury and investor relationships related matters. Prior to joining MEC Advisory Limited in early 2014, Ms. Han was an investment manager at The Export-Import Bank of China responsible for sourcing, evaluating and negotiating investment opportunities in the banking and direct investment industry. Announcement • May 26
Jinchuan Group International Resources Co. Ltd Approves Final Dividend for the Year Ended 31 December 2021 Jinchuan Group International Resources Co. Ltd. approved the payment of a final dividend of HKD 0.2 cent per share for the year ended 31 December 2021 in its AGM held on May 25, 2022. Announcement • May 08
Jinchuan Group International Resources Co. Ltd Announces That the Group Has Successfully Extracted Its First Batch of Oxide Ore Under Trial Stoping Jinchuan Group International Resources Co. Ltd. announced that the Group has successfully extracted its first batch of oxide ore under trial stoping from the Group's key Musonoi project in the Democratic Republic of Congo. Musonoi copper-cobalt project is one of the key projects of the Group and contained mineral reserves of 606,000 tonnes of copper and 174,000 tonnes of cobalt as at 31 December 2021, and is a "super-large scale" copper-cobalt mine. Construction has progressed smoothly since the start of construction of Musonoi project, in which the construction of the main and critical components are ahead of schedule. Recovery of oxide ore from stoping of upper orebody was completed, and the trial stoping work was successful in recovering oxide ore. In the period from 1 January 2022 to 3 May 2022, the Group has successfully extracted 3,455 tonnes of oxide ore from Musonoi project and the laboratory assay result indicated that the ore samples contained approximately 2% of cobalt. The success of trial stoping at 80 meter level ("mL") and the ongoing recovering of oxide ore from 140mL stoping work symbolise the entrance into another phase of Musonoi project. Construction of infrastructure and production of ore are carried out simultaneously. It offers cashflow for the payment of construction work and can enhance the payback to the Group in a more advanced timeframe. Reported Earnings • May 01
Full year 2021 earnings released: EPS: US$0.01 (vs US$0.002 in FY 2020) Full year 2021 results: EPS: US$0.01 (up from US$0.002 in FY 2020). Revenue: US$831.9m (up 56% from FY 2020). Net income: US$120.1m (up 300% from FY 2020). Profit margin: 14% (up from 5.7% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 36%, compared to a 32% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Chi Kit Yu was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 21
Jinchuan Group International Resources Co. Ltd Announces Executive Changes The board of directors of Jinchuan Group International Resources Co. Ltd. announces that due to the reallocation of work of the ultimate holding company of the Company, Ms. Cai Juan ("Ms. Cai") will resign as the non-executive Director, the chairlady of the Board, the chairlady of the Strategy and Investment Committee of the Company, and a member of each of the Audit Committee, the Risk Management Committee and the Remuneration and Nomination Committee of the Company, with effect from 21 April 2022. The Board announced that Mr. Cheng Yonghong ("Mr. Cheng"), an executive Director, has been appointed as the chairman of the Board with effect from 21 April 2022. Mr. Cheng, aged 52, was appointed as an executive Director with effect from 21 April 2020. He served as the General Manager of Ruashi Mining SAS, a non wholly-owned subsidiary of the Company from April 2015 to March 2020. Since 1 April 2020, Mr. Cheng serves as the Chairman and Chief Executive Officer of Metorex (Proprietary) Limited, and also the Head of the African Region of JCG. Reported Earnings • Mar 31
Full year 2021 earnings released: EPS: US$0.01 (vs US$0.002 in FY 2020) Full year 2021 results: EPS: US$0.01 (up from US$0.002 in FY 2020). Revenue: US$831.9m (up 56% from FY 2020). Net income: US$120.1m (up 300% from FY 2020). Profit margin: 14% (up from 5.7% in FY 2020). The increase in margin was driven by higher revenue. Production and reserves: Copper Production: 61,260 t (38,580 t in FY 2020) Number of mines: 2 (2 in FY 2020) Over the next year, revenue is forecast to grow 42%, compared to a 30% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Mar 29
Jinchuan Group International Resources Co. Ltd Announces Ordinary Final Cash Dividend for the Year Ended December 31, 2021, Payable on 29 June 2022 Jinchuan Group International Resources Co. Ltd. announced ordinary final cash dividend of HKD 0.02 per share for the year ended December 31, 2021. Ex-dividend date is 01 June 2022. Record date is 06 June 2022. Payment date is 29 June 2022. Announcement • Feb 19
Jinchuan Group International Resources Co. Ltd Announces Director Changes, Effective from 19 February 2022 The board of directors of Jinchuan Group International Resources Co. Ltd. announced that due to the reallocation of work of the ultimate holding company of the Jinchuan Group Co., Ltd, Mr. Zhang Youda will resign as the non-executive Director, chairman of the Board, the chairman of the Strategy and Investment Committee of the Company, and member of the Audit Committee, the Risk Management Committee and the Remuneration and Nomination Committee of the Company, with effect from 19 February 2022. The Board announced that Ms. Cai Juan has been appointed as the chairlady of the Board and as the non-executive Director with effect from 19 February 2022. Ms. Cai has 32 years of working experience, and is the chief financial officer of JCG since June 2020. Ms. Cai has been appointed as the chairlady of the Strategy and Investment Committee of the Company, and a member of the Audit Committee, the Risk Management Committee and the Remuneration and Nomination Committee of the Company. The changes with take effect from 19 February 2022. Reported Earnings • Oct 01
First half 2021 earnings released: EPS US$0.005 (vs US$0.002 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$360.4m (up 68% from 1H 2020). Net income: US$61.1m (up US$89.2m from 1H 2020). Profit margin: 17% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Jun 05
Jinchuan Group International Resources Co. Ltd Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2021 Jinchuan Group International Resources Co. Ltd. provided consolidated earnings guidance for the six months ending June 30, 2021. For the period, the group has recorded a profit attributable to the shareholders of the company of approximately USD 44.8 million (unaudited) for the four months ended April 30, 2021. In the absence of any significant downward adjustment to commodity prices, the group is expects to record a profit attributable to the shareholders of the company for the six months ending June 30, 2021 as compared to the unaudited loss attributable to shareholders of the company of approximately USD 28.3 million a year ago. Announcement • Apr 29
Jinchuan Group International Resources Co. Ltd. Proposes Final Dividend for the Year Ended 31 December 2020 Jinchuan Group International Resources Co. Ltd. proposed the payment of a final dividend of 0.1 HK cent per share for the year ended 31 December 2020, at the Annual General Meeting to be held on 18 June 2021. Reported Earnings • Sep 27
First half earnings released Over the last 12 months the company has reported total losses of US$23.8m, with earnings decreasing by US$33.8m from the prior year. Total revenue was US$889.1m over the last 12 months, down 32% from the prior year. Announcement • Aug 04
Jinchuan Group International Resources Co. Ltd to Report First Half, 2020 Results on Aug 21, 2020 Jinchuan Group International Resources Co. Ltd announced that they will report first half, 2020 results on Aug 21, 2020 
