Tongling Nonferrous Metals Group Co., Ltd. Class ASZSE: 000630

Tongling Nonferrous Metals Group: Revenue up 18.69%, net profit down 14.02%, with strong project and R&D progress

· Issued by Tongling Nonferrous Metals Group Co., Ltd. Class A

Revenue grew 18.69% to ¥172.73 billion, but net profit fell 14.02% to ¥2.42 billion due to higher taxes and margin pressure. Major projects advanced, R&D investment increased, and high-end copper foil exports achieved. Outlook focuses on safety, cost control, and high-end product growth.

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