In the first three quarters of 2025, Jinduicheng Molybdenum Co., Ltd.（JDC） achieved revenue of RMB 10.885 billion, increased by 7.80% year-on-year; total profit of RMB 3.006 billion, increased by 3.29% year-on-year; net profit attributable to shareholders of the parent company (NPASP) of RMB 2.283 billion, increased by 4.03% year-on-year; non-recurring profit and loss-adjusted net profit of RMB 2.271 billion, increased by 4.40% year-on-year; basic earnings per share of RMB 0.708, increased by 4.12% year-on-year; total assets at the end of the reporting period of RMB 22.635 billion, increased by 9.68% year-on-year; and shareholders' equity attributable to the parent company of RMB 18.075 billion, increased by 6.25% year-on-year.
During the reporting period, Jinduicheng Molybdenum maintained an overall trend of steady growth in operating quality. Capitalizing on the favorable opportunity of rising molybdenum product prices compared to the previous year, the company implemented a series of measures, including stringent fine management, enhanced production-sales coordination, seizing high product price points, effectively controlling costs, and actively exploring new products and markets, resulting in year-on-year improvements across all operating indicators.
According to CTIA GROUP LTD statistics, from January to September 2025, molybdenum concentrate prices increased by approximately 23.06%, ferromolybdenum prices by approximately 19.31%, molybdenum oxide prices by approximately 22.43%, sodium molybdate prices by approximately 19.51%, ammonium tetramolybdate prices by approximately 19.20%, ammonium heptamolybdate prices by approximately 18.86%, molybdenum powder prices by approximately 17.65%, and molybdenum bar prices by approximately 9.78%.
During the reporting period, Jinduicheng Molybdenum anchored its "Quality, Efficiency, and Volume Doubling Plan" and "Second Entrepreneurship" goals, adhering to a development strategy of "vertical integration and horizontal expansion of the core molybdenum industry, diversified related non-molybdenum industries." The company accelerated the construction of a modern industrial system supported by "traditional renewal, emerging industry growth, and future cultivation," leveraging new industrial projects and growth points to enhance organizational operations, promote the cultivation of new productive forces, and drive high-quality development of the molybdenum industry.
Looking ahead, potential risks for Jinduicheng Molybdenum may include: first, product market price fluctuation risks; second, safety, environmental, and ecological civilization national policy risks; third, interest rate change risks; fourth, exchange rate fluctuation risks; and fifth, investment project risks.
