The board of directors (the "Board of Directors") of Zijin Mining Group Co., Ltd.* (the "Company") announces the unaudited results (the "First Quarterly Report") of the Company and its subsidiaries (collectively the "Group") for the 3 months ended 31 March 2016 (the "reporting period"), which have been prepared in accordance with the People's Republic of China (the "PRC") Accounting Standards for Business Enterprises and the related laws and regulations.
This report is published in both Chinese and English. In the case of any discrepancies, the Chinese version of this report shall prevail over its English version.
In this report, unless otherwise stated, monetary units are denominated in Renminbi ("RMB").
29 April 2016, Fujian, the PRC
* The Company's English name is for identification purpose only
Zijin Mining Group Co., Ltd.* First Quarterly Report 2016
CONTENTS
1. Important Notice……………………………………………………………………………………………….… 4
Company's Major Accounting Data and Changes in Shareholders……………………………………………4 3. Significant Events…………………………………………………………………………………………………9 4. Appendix………………………………………………………………………………………………………….18
Important Notice
The Board of Directors, the supervisory committee, the directors, supervisors and senior management of the Company confirmed that there are no false representations or misleading statements contained in, or material omissions from this quarterly report, and jointly and severally accept responsibility for the truthfulness, accuracy and completeness of the contents contained herein.
All directors attended the Board of Directors meeting and reviewed the quarterly report.
Mr. Chen Jinghe, the person-in-charge of the Company, Ms. Lin Hongying, the person-in-charge of the accounting affairs of the Company, and Mr. Wu Honghui, the head of the accounting department (accounting chief of the Company), hereby warrant that the financial statements contained in this quarterly report are true, accurate and complete.
The first quarterly financial report of the Company was unaudited.
Company's Major Accounting Data and Changes in Shareholders
2.1 Major accounting data
Unit: RMB
As at the end of the reporting period
As at the end of last year
Changes as at the end of the reporting period as compared with the end
of last year (%)
Total assets
92,582,321,470
83,914,033,655
10.33
Net assets attributable to the shareholders of the listed
company
27,226,036,604
27,537,173,972
-1.13
Reporting period
(January - March 2016)
Reporting period (January - March 2015)
Changes as compared with the same period
last year (%)
Net cash flow from
operating activities
442,059,498
1,392,559,072
-68.26
Reporting period (January - March
2016)
Reporting period (January - March 2015)
Changes as compared with the same period
last year (%)
Operating income
19,397,681,539
15,895,832,976
22.03
Net profit attributable to the
shareholders of the listed company
63,760,733
414,977,600
-84.64
Zijin Mining Group Company Ltd. issued this content on 02 May 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 May 2016 10:58:09 UTC.
Original document available at
http://www.zijinmining.com/upload/file/2016/05/02/d1dbd4a2db6c4fe5b7e8fa99d13f626d.pdf
Zijin Mining Group Company Limited is specialized in exploring and mining gold and metal deposits. Net sales are divided by product family as follows:
- gold (45.1%): in particular, gold bars and gold concentrates (319.3 tons produced in 2021);
- copper (24.3%): electrodeposited copper, copper cathode, and copper concentrates (1,205.5 kt produced);
- metal concentrates (3.8%): zinc, tungsten, lead and iron concentrates;
- zinc (2.9%): in particular, zinc bars;
- other (23.9%): sulfuric acid, copper, silver and iron plates, etc.
79% of the net sales are conducted in China.