Shengtun Mining said at the 2026 semi-annual results briefing held on September 11 that the debt ratio is high at this stage, mainly due to the phased results brought about by the company's investment in high-quality copper, gold and silver mine resources at home and abroad. Currently, domestic and overseas projects have just completed the resource delivery stage; the company implements dynamic control over capital expenditure, prioritizes debt repayment and mine operations, and flexibly adjusts new investment according to metal prices. In the medium to long term, with the release of production capacity, operating cash flow continues to increase. The company has a clear goal of reducing debt ratio and steadily reducing leverage to a reasonable level for the industry. The company's resource investments have been strictly calculated, and future project cash flow contributions can gradually absorb liabilities.

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