7 stories mentioning SHE:001203Updated just now
Every FINWIRES story that references SHE:001203, newest first.
Inner Mongolia Dazhong Mining (SHE:001203) posted first-half attributable net profit of 322.0 million yuan, down 21% from 405.6 million yuan the previous year.Earnings per share slipped to 0.21 yuan from 0.27 yuan, according to a weekend half-year report on the Shenzhen bourse.Operating revenue decreased 9.9% year over year to 1.78 billion yuan from 1.97 billion yuan.Shares of the miner closed 1% higher Monday.
Inner Mongolia Dazhong Mining (SHE:001203) agreed to sell its Dongwufenzi iron ore concentrator and related surface assets to related party Taixiangxiang Mining for 90.2 million yuan.The decision follows declines in processing volume and capacity utilization as well as higher raw ore processing cost, according to a Monday filing with the Shenzhen bourse.The company also determined it is cheaper to transport ore 16 kilometers to its upgraded Shujigou facility for centralized processing.Shares of the miner were down 2% in recent trade.
Inner Mongolia Dazhong Mining (SHE:001203) subsidiary Jinrisheng Mining secured a new exploration permit for the Zhouyoufang iron mine and surrounding areas in Anhui, China.The permit covers 4.6 square kilometers and is valid until March 2031, according to a Friday filing with the Shenzhen bourse.Shares of the miner rose 1% in recent trade.
Inner Mongolia Dazhong Mining (SHE:001203) bondholders will be able to exercise a put option to redeem or repurchase convertible bonds, according to a Tuesday filing with the Shenzhen bourse.The optional redemption price is set at 101.27 yuan per bond, including interest and tax, with the redemption application set from June 22 to 26.During the redemption application, the company will suspend conversion of convertible bonds.
Dazhong Mining's (SHE:001203) subsidiary, Anhui Jinrisheng Mining, agreed to borrow 250 million yuan from Bank of China's (SHA:601988, HKG:3988) Lu'an branch, according to a Shenzhen bourse filing on Friday.Dazhong Mining serves as the guarantor for the loan.The mining company's available guarantee balance for Jinrisheng Mining reduced to 1.20 billion yuan from 1.45 billion yuan.Dazhong's shares jumped 3% during the midday trade.
Deep Source (HKG:0990) has entered into parallel spodumene ore purchase and processing agreements with Anhui Dazhong New Energy Investment, according to a Friday filing with the Hong Kong bourse.The firm pre-locked the purchase of 150,000 tons of spodumene ore in China for 345 million yuan, though the amount shall be subject to the actual transaction confirmation, Deep Source said.Anhui Dazhong New Energy also agreed to process a similar amount of spodumene ore for the company at a rate of 18 million yuan, Deep Source said.Anhui Dazhong New Energy is a unit of Dazhong Mining (SHE:001203).
Zou Qingli has stepped down as chief financial officer of Dazhong Mining (SHE:001203), according to a Shenzhen Stock Exchange filing on Friday.Zou holds 2,000 shares of the mining company, which accounts for 0.00013% of the company's share capital.Dazhong Mining has yet to name a successor.Shares of the company jumped over 3% in recent trade.
