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Shengda Resources announced that in the first half of 2026, the company's revenue was 1.152 billion yuan, up 27.08% year on year; net profit was 390 million yuan, up 456.46% year on year. During the reporting period, the company completed a number of acquisitions, including 60% of Yichun Jinshi Mining's shares and 55% of Guangxi Laibin Jinshi Mining's shares; the subsidiary completed a number of prospecting rights and the continuation and integration of mining rights; and the Honglin Mining Caiyuanzi Copper and Gold Mine entered a state of full mining. In addition, the company terminated the issuance of shares to purchase 47% of Honglin Mining's shares and raise supporting capital, and plans to acquire 2.6186% of its shares in cash.
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Shengda Resources announced that in the first half of 2026, the company's revenue was 1.152 billion yuan, up 27.08% year on year; net profit was 390 million yuan, up 456.46% year on year. During the reporting period, the company completed a number of acquisitions, including 60% of Yichun Jinshi Mining's shares and 55% of Guangxi Laibin Jinshi Mining's shares; the subsidiary completed a number of prospecting rights and the continuation and integration of mining rights; and the Honglin Mining Caiyuanzi Copper and Gold Mine entered a state of full mining. In addition, the company terminated the issuance of shares to purchase 47% of Honglin Mining's shares and raise supporting capital, and plans to acquire 2.6186% of its shares in cash.
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