Shengda Resources (000603.SZ): The certified production capacity of Everbright Mining and Jindu Mining is both 0.3 million tons/year, and they are currently operating at full capacity.

On December 26, Gelonghui reported that Shengda Resources (000603.SZ) recently stated in investor relations activities that the certified production capacity of Everbright Mining and Jindu Mining is both 0.3 million tons/year, and currently both are at full production. The certified production capacity of Silver Mining is 0.9 million tons/year, and the mine has been mined for nearly 20 years. As the mining depth decreases and the difficulty increases, the current production capacity of Silver Mining is approximately 0.5-0.6 million tons per year.

Gelonghui FinanceDec 26 21:08

Express News | Lanzhou Banks: Shareholder Shengda Group has lifted the pledge of 5 million shares, accounting for 0.09% of the total share capital.

BreakingsDec 25 22:45

Research Reports Explore Opportunities | Debon Securities: Initiates a 'Buy' rating for Shengda Resources, with significant performance improvement expected in 2024.

On December 11, Gelonghui reported that Debang Securities' Research Reports pointed out that Shengda Resources (000603.SZ) is a leader in Precious Metals. The performance in 2023 was briefly below expectations, but it will significantly improve in 2024. The reason why Gold did not decline due to the increase in Trump's winning odds in October is mainly because the USD M2 growth rate has been continuously rising in the early stages, or it can be said that this is driven by intrinsic value. After the election, Trump's election may have led to an increase in the slope of the USD, which could be one of the driving forces behind the recent decline in Gold prices. However, it is more likely due to profit-taking after Gold prices reached their intrinsic value. In the future, during the interest rate reduction cycle, real interest rates may trend downwards, which would bring positive influence on Gold prices.

Gelonghui FinanceDec 11 15:31 · Ratings

Shengda Resources (000603): A breeze rises from the green rushes, good things happen.

The company is a leader in Precious Metals, and while its performance in 2023 fell short of expectations, it is expected to improve significantly in 2024. In terms of main Business, the company primarily engages in the mining and sales of Nonferrous Metals, with the main products of native mines including Silver ingots (national standard 1#, 2#).

Debang SecuritiesDec 10 20:37

Express News | More than 20 A-share listed companies disclosed the latest announcements on mergers and acquisitions this week. Xidiwei intends to purchase 100% of Chengxinwei's shares and will resume trading tomorrow.

BreakingsNov 17 18:12

Express News | shengda resources: Each subordinate mine is steadily carrying out exploration and storage work, and it is expected to have a fairly significant increase in the next two years.

BreakingsNov 13 22:43