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SHE:000408

4 stories mentioning SHE:000408Updated just now

Every FINWIRES story that references SHE:000408, newest first.

Asia

Zangge Mining's H1 Profit Soars 102%; Shares Falls 4%

Zangge Mining's (SHE:000408) net profit attributable to shareholders for the first half soared 102% to 3.64 billion yuan from 1.80 billion yuan in the previous year, according to a Tuesday disclosure on the Shenzhen bourse.Earnings per share rose year on year to 2.32 yuan from 1.15 yuan.Operating revenue jumped 23% to 2.06 billion yuan from 1.68 billion yuan in the previous year.The Chinese mining company proposed to distribute a cash dividend of 10 yuan for every 10 shares, with the total cash dividend amounting to 1.56 billion yuan.The company's shares dropped 4% during the morning shift.

SHE:000408
Asia

Zangge Mining Unit Gets Qinghai Filing Notice for Technical Renovation Project; Shares Down 7%

Zangge Mining (SHE:000408) subsidiary Zangge Lithium has received a government filing notice for a 32-million-yuan technical renovation project at Qarhan Salt Lake in Qinghai, China, according to a Tuesday filing with the Shenzhen bourse.The project will retrofit the existing 10,000-ton lithium carbonate production line with cyclic adsorption technology, adding 2,000 tons per year of battery-grade lithium carbonate capacity without increasing brine consumption or requiring new land.Construction will run until December.Shares of the potassium chloride and lithium carbonate producer were down nearly 7% in recent trade.

SHE:000408
Asia

Zangge Mining Receives 923.4-Million-Yuan Dividend from Tibet Julong Copper; Shares Down 7%

Zangge Mining (SHE:000408) received a cash dividend 923.4 million yuan from 30.78%-owned investee Tibet Julong Copper.This brought cumulative 2026 dividends from Tibet Julong Copper to 2.46 billion yuan, representing 63.92% of the company's 2025 annual net profit, according to a Tuesday filing with the Shenzhen bourse.Zangge Mining said the dividends significantly boost liquidity, strengthen its capacity to fund key projects including the Mamiso Salt Lake lithium-boron mine and Laos potash mine, and support sustainable shareholder returns.Shares of the potassium chloride and lithium carbonate producer were down 7% in recent trade.

SHE:000408
Asia

Zangge Mining's Q1 Profit Soars 111%

Zangge Mining's (SHE:000408) attributable profit surged 111% to 1.57 billion yuan in the first quarter from 747.2 million yuan in the year-ago period, according to a Saturday filing with the Shenzhen bourse.Earnings per share at the potassium chloride and lithium carbonate producer increased 108% to 1 yuan from 0.48 yuan in the prior-year period.Operating income grew 30% year over year to 715.6 million yuan from 552.1 million yuan.Shares increased 2% during the midday break on Monday.

SHE:000408

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