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Yunnan Chihong Zinc&Germanium (600497.SH): No strategic agreements have been signed with Huawei or Semiconductor Manufacturing International Corporation regarding the development of materials specifically for Gallium Nitride power devices.
On April 11, Gelonghui reported that Yunnan Chihong Zinc&Germanium (600497.SH) stated on the interactive platform that up to now, the company has not signed any relevant strategic agreements with Huawei or Semiconductor Manufacturing International Corporation for the development of Gallium Nitride (GaN) power device materials. Please refer to the announcements published by the company on designated information disclosure media for relevant matters.
Yunnan Chihong Zinc&Germanium (600497.SH): 0.22% of shares have been repurchased in total.
On April 1, Gelonghui reported that Yunnan Chihong Zinc&Germanium (600497.SH) announced that as of March 31, 2025, the company had repurchased a total of 11,148,008 shares, accounting for 0.22% of the company's total share capital. The highest transaction price was 5.67 yuan/share, the lowest was 5.42 yuan/share, and the total amount paid was 61.7762 million yuan (excluding stamp duty, transaction commissions, and other transaction fees).
Yunnan Chihong Zinc&Germanium (600497): Project renovation affects production, maintaining a high dividend payout ratio.
Event: On March 28, 2025, the company released the 2024 annual report, reporting an income of 18.8 billion yuan, a year-on-year decrease of 14.8%; the net income attributable to shareholders was 1.29 billion yuan, a year-on-year decrease of 14.2%;
Yunnan Chihong Zinc&Germanium (600497): The construction of intelligent systems in core mines affects production. A review of scrapped Assets leads to a more streamlined operation. 24 returns to parent company down 14% year-on-year.
In 2024, the company's net income attributable to shareholders decreased by 14% year-on-year. For the whole year of 2024, revenue reached 18.8 billion yuan (-14.80%), and net income attributable to shareholders was 1.29 billion yuan (-14.24%), with adjusted net income attributable to shareholders being 14.
Yunnan Chihong Zinc&Germanium (600497): Rising costs have put pressure on the company's performance in the fourth quarter.
Yunnan Chihong Zinc&Germanium released its annual report, achieving revenue of 18.803 billion yuan in 2024 (year-on-year -14.80%), and a net profit attributable to the parent of 1.293 billion yuan (year-on-year -14.24%), lower than our previous expectations for 2024.
Yunnan Chihong Zinc & Germanium 2024 Profit Down 14%, Revenue Falls 15%