China Daye Non-Ferrous Metals Mining (661) investor relations material

Executive summary

• Interim report covers the first half of 2026, with unaudited financials presented in RMB.

• Revenue rose 39.60% year-over-year to RMB40.91 billion for the six months ended 30 June 2026, driven by higher prices for cathode copper, gold, silver, and sulfuric acid.

• Gross profit surged 129.03% year-over-year to RMB1.18 billion, reflecting improved market prices, product mix optimization, and cost reduction initiatives.

• Net profit attributable to shareholders was RMB 458,389,000, reversing a loss in the prior year period.

• The group focused on stabilizing operations, cost control, and risk management amid volatile copper treatment charges and market conditions.

Financial highlights

• Revenue for H1 2026 was RMB 40,911,199,000, up from RMB29.31 billion year-over-year.

• Net profit: RMB458 million, compared to a loss of RMB5.8 million year-over-year.

• Basic earnings per share were RMB 2.47 fen, compared to RMB(0.06) fen year-over-year.

• Total assets as of 30 June 2026 were RMB 19,049,795,000.

• Cash and cash equivalents at period end were RMB 1,940,054,000.

Segment performance

• Mining operations include Tonglvshan, Tongshankou, Fengshan, and Sareke Copper Mines.

• Copper cathode sales were the largest contributor, followed by gold, silver, and sulfuric acid.

• Mining output: 9,251 tonnes of mined copper (down 4.58% YoY), 348,400 tonnes of copper cathode (up 1.53% YoY), 266.48 tonnes of precious metals (down 14.38% YoY), 1,166,500 tonnes of chemical products (down 13.95% YoY), and 126,000 tonnes of iron concentrate (up 15.27% YoY).

• Smelting units exceeded targets for sulfuric acid and copper production.