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SHE:000878

8 stories mentioning SHE:000878Updated 21d ago

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Asia

Yunnan Copper Names Chairman

Yunnan Copper (SHE:000878) appointed Sun Chengyu chairman, according to a Shenzhen bourse filing on Wednesday.Sun stepped down as vice chairman and general manager to take up the role.Sun takes over from Kong Desong, who resigned due to the work adjustments.The Chinese copper company's shares fell 2% during the afternoon trade.

SHE:000878
Asia

Yunnan Copper's H1 Profit Rises 29%, Revenue Climbs 33%

Yunnan Copper's (SHE:000878) net profit attributable to shareholders in the first half rose 29% to 1.90 billion yuan from 1.47 billion yuan a year earlier, according to a Friday disclosure on the Shenzhen bourse.Earnings per share climbed 22% year on year to 0.79 yuan from 0.65 yuan.Operating revenue increased 33% to 111.5 billion yuan from 84 billion yuan in the previous year.The copper company proposed to distribute a cash dividend of 0.40 yuan per 10 shares to shareholders.The company's shares jumped 4% at the close.

SHE:000878
Asia

Yunnan Copper to Deregister Mining Subsidiary Amid Resource Depletion

Yunnan Copper (SHE:000878) will deregister subsidiary Yunnan Xinping Jinhui Mining Development following the depletion of its mineral resources, according to a Friday filing with the Shenzhen bourse.The liquidation will help boost Yunnan Copper's asset structure, lower operating costs, and improve the listed company's operational quality.Xinping Jinhui was established in 2002.

SHE:000878
Treasury

Yunnan Copper to Pay Interest on 500 Million Yuan Sci-Tech Bonds

Yunnan Copper (SHE:000878) will pay interest on its five-year, 500 million-yuan science and technology bonds, according to a Thursday filing with the Shenzhen bourse.The bonds, issued in 2025, will pay interest of 2.2%, equivalent to 11 million yuan.China Everbright Bank (HKG:6818, SHA:601818) and China Merchants Bank (HKG:3968, SHA:600036) are the lead underwriters of this issuance.Shares fell 2% during morning trading on Thursday.

SHE:000878
Asia

Yunnan Copper to Distribute Over Million Yuan in Bond Interest

Yunnan Copper's (SHE:000878) first tranche of its 500 million yuan science and technology innovation bonds will pay interest on July 15, according to a Wednesday filing with the Shanghai bourse.The bonds will pay interest of about 9.4 million yuan.The issuance has a three-year term and will pay interest of 1.88% per annum.

SHE:000878
Asia

Yunnan Copper Raises 500 Million Yuan Via Bond Issue

Yunnan Copper (SHE:000878) raised 500 million yuan via the issue of bonds due May 2029.The three-year bonds hold an interest rate of 1.75%, according to a weekend filing with the Shenzhen bourse.Shanghai Pudong Development Bank served as lead underwriter, while China Everbright Bank was joint lead underwriter:Shares of the copper producer closed 1% higher Monday.

SHE:000878
Asia

Yunnan Copper Subsidiary Pays 512 Million Yuan in Back Taxes; Shares Fall 4%

Yunnan Copper (SHE:000878) subsidiary Chifeng Yunnan Copper paid 512.3 million yuan in back taxes and late fees after its high-tech enterprise qualification was revoked retroactively to 2022.The payment includes 357.0 million yuan in value-added tax benefits, 44.6 million yuan in surcharges and 110.7 million yuan in penalties. No administrative fines were imposed.The payment will reduce Yunnan Copper's 2026 attributable net profit by about 203.4 million yuan.Shares of the copper producer fell 4% in recent trade.

SHE:000878
Asia

Yunnan Copper Q1 Profit Up 8%, Revenue Rises 50%

Yunnan Copper (SHE:000878) posted first-quarter net profit of 675.4 million yuan, up 7.9% from 625.8 million yuan the previous year.Earnings per share climbed to 0.2874 yuan from 0.2769 yuan, according to a Friday filing with the Shenzhen bourse.Operating revenue rose 50% year over year to 53.0 billion yuan from 35.4 billion yuan.Shares of the copper producer rose 2% in recent trade.

SHE:000878

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