Stock Price Drop Doesn't Hinder Profitability! 'Mining Giant' Zijin Mining Earns Over 200 Million Yuan Daily in H1

Zijin Mining released its 2026 semi-annual performance forecast on July 9, expecting a net profit of approximately 39.1 billion yuan for the first half of the year, a year-on-year increase of 68%, and a non-GAAP net profit of approximately 37.9 billion yuan, up 75% year-on-year. In the second quarter, non-GAAP net profit was about 19.4 billion yuan, a sequential increase of 5%. Despite a stock price decline of over 18% due to metal price corrections, the company's fundamentals remain robust, earning over 200 million yuan (approximately $2.6 million) per day.