DOCSLIB.ORG

Interim Results Announcement for the Six Months Ended 30 June 2020

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement (Stock Code: 03993) INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2020 INTERIM RESULTS The board of directors (the “Board”) of China Molybdenum Co., Ltd.* (the “Company”) is pleased to announce the unaudited consolidated financial results of the Company and its subsidiaries (collectively, the “Group”) for the six months ended 30 June 2020. This announcement contains the full text of the interim report of the Group for the six months ended 30 June 2020 and the contents were prepared in accordance with the relevant disclosure requirements pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”). The unaudited consolidated financial results of the Group have been reviewed by the audit and risk committee of the Company. This results announcement is also published on the websites of the Company (www.cmoc.com) and the Stock Exchange (www.hkexnews.hk). The interim report of the Company for the six months ended 30 June 2020 will be despatched to shareholders and will also be available at the abovementioned websites in due course. SUMMARY OF 2020 INTERIM REPORT ■ The Company overcame the adverse effects of the pandemic and kept stable operating performance. During the reporting period, the Company recorded an operating revenue of RMB46.744 billion, representing a year- on-year increase of 368.44%, an increase of 8.84% in the second quarter compared with that in the first quarter, and a net profit of RMB1.002 billion, representing a year-on-year increase of 29.56%, an increase of 38.39% in the second quarter compared with that in the first quarter. Among them, net profit attributable to the parent company amounted to RMB1.008 billion, representing a year-on-year increase of 24.73%, an increase of 24.89% in the second quarter compared with that in the first quarter; ■ The net cash flow from operating activities amounted to RMB4.251 billion, representing a year-on-year increase of 90.66%; total EBITDA amounted to RMB3.2 billion; monetary capital balance amounted to approximately RMB18.2 billion; gearing ratio was 58.95%. Despite the impact of the pandemic outbreak, the Company maintained strong cash generating capabilities and a relatively stable financial structure; ■ Focusing on ensuring stable production, the Company facilitates cost reduction and efficiency enhancement with combined measures to enhance its operation. During the reporting period, the Company continued to explore its potential by actively promoting various technological renovation projects. Production and operation cost for each mining business segment of the Company achieved a reduction of more than RMB1,000 million compared with the same period of last year under the same caliber; ■ As the synergy effect between the mining and trading segment gradually took effect, the trading business had a good performance. During the reporting period, utilizing the excellent risk management system together with steady and healthy operation style, IXM effectively countered emergency risk with operational model combining the futures and cash commodities trading, which achieved good performance with a net profit attributable to the parent company of RMB300 million; ■ The Company innovated business model and obtained low-cost long-term funds. As of the reporting date, the Company further increased its capital strength and reduced its financing costs through measures like entering into the Metal Streaming Agreement, which will be helpful to implement our positive capital structure management strategies and provide sufficient liquidity support to the development strategies driven by both endogenous growth and denotative expansion in the future. China Molybdenum Co., Ltd. 1 MAJOR FINANCIAL INDICATORS FOR THE FIRST HALF OF 2020 (I) Major Accounting Data Unit: Yuan Currency: RMB Increase/decrease for the reporting During the period as compared reporting period Same period last with the same Major accounting data (January–June) year period last year (%) Operating revenue 46,743,857,426.26 9,978,669,307.74 368.44 Net profit attributable to shareholders of the listed company 1,007,820,700.18 807,990,808.81 24.73 Net profit after deduction of non-recurring profits or losses attributable to shareholders of the listed company 507,764,801.78 697,558,648.53 -27.21 Net cash flow from operating activities 4,251,397,720.59 2,229,813,554.56 90.66 Increase/decrease at the end of the reporting period as At the end of the At the end of last compared with the reporting period year end of last year (%) Net assets attributable to the shareholders of the listed company 40,732,237,416.38 40,802,774,133.85 -0.17 Total assets 120,671,609,453.13 116,862,226,476.73 3.26 2 2020 INTERIM REPORT (II) Major Financial Indicators Increase/decrease for the reporting During the period as compared reporting period Same period last with the same Major financial indicators (January–June) year period last year (%) Basic earnings per share (RMB/share) 0.047 0.037 27.03 Diluted earnings per share (RMB/share) N/A N/A N/A Basic earnings per share excluded non-recurring profits or losses (RMB/share) 0.024 0.032 -25.00 The Weighted Average Rate of Return on net Increased by 0.49 assets (%) 2.44 1.95 percentage point The Weighted Average Rate of Return on net assets excluded non-recurring profits or Decreased by 0.46 losses (%) 1.23 1.69 percentage point COMPANY PROFILE China Molybdenum Co., Ltd. (hereinafter referred to as “CMOC” or the “Company”, and together with its subsidiaries, the “Group”) is a joint stock company established in the People’s Republic of China (the “PRC” or “China”) on 25 August 2006. The Company was successfully listed on the Main Board of the Stock Exchange of Hong Kong Limited (the “Stock Exchange”) (Stock code: 03993) on 26 April 2007 and the Shanghai Stock Exchange (the “SSE”) (Stock code: 603993) on 9 October 2012. The Company engages in the non-ferrous metal industry, mainly the mining and processing business, which includes mining, beneficiation, smelting and refining of base and rare metals, and mineral trading business. With its main business located over five continents: Asia, Africa, South America, Oceania and Europe, the Company is the largest tungsten producer, the second largest cobalt and niobium producer, one of the top five molybdenum producers and a leading copper producer in the world. It is also the second largest producer of phosphatic fertilizers in Brazil. In terms of trading business, the Company is among the third biggest base metals merchants in the world. The Company ranks 1,463 among the top 2,000 global listed companies by Forbes 2020, 151 among the 2020 Fortune China 500, and 18 among the top 50 Chinese non-ferrous metal companies in terms of operating income in 2019. VISION AND DEVELOPMENT STRATEGY The Company’s vision is to become a respected world-class resource company. Adhering to the operation principle of meritocracy, cost control, continuous improvement, and achievement sharing, the Company is committed to reinforcing and maintaining the current competitiveness of the Company’s business, and strengthening competitive cost advantages of existing business through continuously identifying cost reduction opportunities and improving efficiency; optimizing business development fueled by organic growth of current production capacity and outward investment, based on existing resource endowment, while continuously optimizing the Company’s production capacity structure. Appropriate external investment should be made to expand resources & reserves and growth capacity; continuously managing and optimizing the balance sheet by rationalizing financing structure and reducing capital costs; creating synergies with minerals trading business while ensuring stable domestic and overseas operations; relying on its comprehensive competitive advantages of scale, industrial chain, technology, capital, market and management, and diversified financing platform, the Company is stepping firmly towards its strategic goals. China Molybdenum Co., Ltd. 3 MARKET REVIEW AND OUTLOOK (I) Market Review Price comparison of relevant products of the Company in the first half of 2019 and 2020 Domestic market prices of relevant products of the Company Increase/ decrease on a year-to- Products First half of 2020 First half of 2019 year basis (%) Molybdenum concentrates (RMB/metric Molybdenum tonne unit) 1,538 1,742 -11.71 Ferromolybdenum (RMB0’000/tonne) 10.58 11.77 -10.11 Black tungsten concentrates (RMB/ Tungsten metric tonne unit) 1,287.78 1,446.15 -10.95 APT (RMB0’000/tonne) 12.86 14.63 -12.10 Note: Data from the average prices quoted on the website of Comelan (product standard: 47.5% for molybdenum concentrate, 60% for ferromolybdenum, grade I national standard for black tungsten concentrate, APTGB-0) International market prices of relevant products of the Company Increase/ decrease on a year-to- Products First half of 2020 First half of 2019 year basis (%) Molybdenum Molybdenum oxide (USD/pound) 9.05 11.98 -24.46 Copper Copper cathode (USD/tonne) 5,502 6,164 -10.74 Cobalt Cobalt metal (USD/pound) 15.67 16.50 -5.03 Phosphate MAP (USD/tonne) 312 397 -21.41 Lead Lead concentrate (USD/tonne) 1,763 1,960 -10.05 Zinc Zinc concentrate (USD/tonne) 2,049 2,732 -25.00 Note: the price of molybdenum oxide is the average price quoted on the Metals Week; the prices of copper, lead and zinc is the spot average price on LME (London Metal Exchange); cobalt price is the low range average price of cobalt that reaches MB (British Metal Bulletin) standard grade; phosphate fertilizer price is from Argus Media.
Recommended publications
  • Geneva, Switzerland September 16, 2020 #Commoditiestradingforum

    Geneva, Switzerland September 16, 2020 #Commoditiestradingforum

    Geneva, Switzerland #CommoditiesTradingForum www.gtreview.com/CTF September 16, 2020 OVERVIEW Once registered, log-in to GTR Connect to network with fellow delegates, download event materials and more. Building on the success of 2019’s inaugural Geneva event and reflecting increased collaboration and partnership with the Swiss Trading & Shipping Association (STSA), GTR is delighted to announce that its newly expanded Commodities Trading As the world’s leading trade, commodity and export Forum will be taking place at the Intercontinental finance publisher and event organiser,GTR offers sponsors and advertisers unrivalled exposure and Hotel Geneva on September 16, 2020. profiling among their peer and client groups.GTR can offer various appealing options that would strategically Co-hosted and held in partnership with both the STSA and PwC, and effectively help raise the profile of the partner, and reflecting on Switzerland’s role as one for the world’s leading and offer a highly effective platform with which to hubs for commodities from oil and gas to metals and agribusiness showcase its capabilities and mission. products, the conference will provide a comprehensive overview of the global commodities and commodity finance markets. With an extensive mix of industry experts and practitioners set to attend, including corporates and traders, banks, funds Sponsorship opportunities and alternative financiers, insurers and brokers, law firms and Peter Gubbins technology experts, this event will provide an unrivalled forum for Co-founder & CEO networking
  • 中國中車股份有限公司 Crrc Corporation Limited

    中國中車股份有限公司 Crrc Corporation Limited

    THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should 14A.69(4) consult your licensed dealer in securities, bank manager, solicitor, professional accountant or other professional adviser. If you have sold or transferred all your shares in CRRC Corporation Limited (the “Company”), you should at once hand this circular and the enclosed New Proxy Form to the purchaser or the transferee or to the bank, licensed dealer in securities or other agent through whom the sale or transfer was effected for transmission to the purchaser or the transferee. Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no 14A.70(1) 13.52 Note 5 responsibility for the contents of this circular, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this circular. 中國中車股份有限公司 CRRC CORPORATION LIMITED (a joint stock limited company incorporated in the People’s Republic of China with limited liability) 13.28(1) 13.51A (Stock code: 1766) A1B1 (1) PROPOSED ISSUANCE AND PLACING OF NEW A SHARES; (2) CONNECTED TRANSACTION: PROPOSED SUBSCRIPTION OF NEW A SHARES BY CRRC GROUP; AND (3) SUPPLEMENTAL NOTICE OF 2015 ANNUAL GENERAL MEETING Independent Financial Adviser to the Independent Board Committee and the Independent Shareholders A supplemental notice of the AGM of the Company, which will be held as originally scheduled at Empark Grand Hotel, No.
  • The Mineral Industry of China in 2016

    The Mineral Industry of China in 2016

    2016 Minerals Yearbook CHINA [ADVANCE RELEASE] U.S. Department of the Interior December 2018 U.S. Geological Survey The Mineral Industry of China By Sean Xun In China, unprecedented economic growth since the late of the country’s total nonagricultural employment. In 2016, 20th century had resulted in large increases in the country’s the total investment in fixed assets (excluding that by rural production of and demand for mineral commodities. These households; see reference at the end of the paragraph for a changes were dominating factors in the development of the detailed definition) was $8.78 trillion, of which $2.72 trillion global mineral industry during the past two decades. In more was invested in the manufacturing sector and $149 billion was recent years, owing to the country’s economic slowdown invested in the mining sector (National Bureau of Statistics of and to stricter environmental regulations in place by the China, 2017b, sec. 3–1, 3–3, 3–6, 4–5, 10–6). Government since late 2012, the mineral industry in China had In 2016, the foreign direct investment (FDI) actually used faced some challenges, such as underutilization of production in China was $126 billion, which was the same as in 2015. capacity, slow demand growth, and low profitability. To In 2016, about 0.08% of the FDI was directed to the mining address these challenges, the Government had implemented sector compared with 0.2% in 2015, and 27% was directed to policies of capacity control (to restrict the addition of new the manufacturing sector compared with 31% in 2015.
  • 2020 Annual Report

    2020 Annual Report

    AUGUST 31, 2020 2020 Annual Report iShares, Inc. • iShares ESG Aware MSCI EM ETF | ESGE | NASDAQ • iShares MSCI Emerging Markets ex China ETF | EMXC | NASDAQ • iShares MSCI Emerging Markets Min Vol Factor ETF | EEMV | Cboe BZX • iShares MSCI Emerging Markets Multifactor ETF | EMGF | Cboe BZX • iShares MSCI Global Min Vol Factor ETF | ACWV | Cboe BZX Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of each Fund’s shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports from your financial intermediary, such as a broker-dealer or bank. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report. You may elect to receive all future reports in paper free of charge. Ifyou hold accounts throughafinancial intermediary, you can follow the instructions included with this disclosure, if applicable, or contact your financial intermediary to request that you continue to receive paper copies ofyour shareholder reports. Please note that not all financial intermediaries may offer this service. Your election to receive reports in paper will apply to all funds held with your financial intermediary. If you already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. You may elect to receive electronic delivery of shareholder reports and other communications by contactingyour financial intermediary. Please note that not all financial intermediaries may offer this service.
  • Section 3: China's Strategic Aims in Africa

    Section 3: China's Strategic Aims in Africa

    SECTION 3: CHINA’S STRATEGIC AIMS IN AFRICA Key Findings • Beijing has long viewed African countries as occupying a cen- tral position in its efforts to increase China’s global influence and revise the international order. Over the last two decades, and especially under General Secretary of the Chinese Com- munist Party (CCP) Xi Jinping’s leadership since 2012, Beijing has launched new initiatives to transform Africa into a testing ground for the export of its governance system of state-led eco- nomic growth under one-party, authoritarian rule. • Beijing uses its influence in Africa to gain preferential access to Africa’s natural resources, open up markets for Chinese exports, and enlist African support for Chinese diplomatic priorities on and beyond the continent. The CCP flexibly tailors its approach to different African countries with the goal of instilling admira- tion and at times emulation of China’s alternative political and governance regime. • China is dependent on Africa for imports of fossil fuels and commodities constituting critical inputs in emerging technology products. Beijing has increased its control of African commodi- ties through strategic direct investment in oil fields, mines, and production facilities, as well as through resource-backed loans that call for in-kind payments of commodities. This control threatens the ability of U.S. companies to access key supplies. • As the top bilateral financier of infrastructure projects across Africa, China plays an important role in addressing the short- age of infrastructure on the continent. China’s financing is opaque and often comes with onerous terms, however, leading to rising concerns of economic exploitation, dependency, and po- litical coercion.
  • Annual Information Form (“AIF”) Means Dundee Precious Metals Inc

    Annual Information Form (“AIF”) Means Dundee Precious Metals Inc

    Annual Date: March 28, 2019 Information Form 2018 For the Year Ended December 31, 2018 Table of Contents GENERAL INFORMATION ................................................................................................................ 3 GENERAL DEVELOPMENT OF THE BUSINESS .................................................................................. 4 DESCRIPTION OF THE BUSINESS ..................................................................................................... 5 RISK FACTORS ................................................................................................................................ 13 MINING PROPERTIES ..................................................................................................................... 24 CHELOPECH MINE, CHELOPECH, BULGARIA .......................................................................................... 24 KRUMOVGRAD GOLD PROJECT, KRUMOVGRAD, BULGARIA ..................................................................... 36 SMELTER OPERATIONS ................................................................................................................. 48 EXPLORATION ASSETS ................................................................................................................... 51 SERBIA ......................................................................................................................................... 51 CANADA ......................................................................................................................................
  • Delivering the World's Largest Trade Finance Gathering... Digitally

    Delivering the World's Largest Trade Finance Gathering... Digitally

    Delivering the world’s largest trade finance gathering... digitally www.gtreview.com/gtrasia Post-event media kit #GTRAsia INTRODUCTION & CONTACTS GTR Asia 2020, the region’s largest trade finance gathering, took place virtually on September 8-11. Welcoming over 1,300 trade finance representatives over 4 days, this virtual event offered the chance to hear the latest developments from experts on THE most pertinent issues affecting the trade, commodity, treasury and fintech communities. Utilising a mixture of live-streamed and pre- “Great and easy to use platform. recorded content, and fostering a new way of Whilst nothing can replace an in-person conference, you have networking via GTR’s dedicated virtual event done a great job at keeping the industry conversation going.” platform, GTR Asia 2020 Virtual offered a Christoph Woermann, CMO Corporate Bank, Deutsche Bank truly international perspective and a chance to connect with global and local decision makers from around the world. Sponsorship opportunities Speaking opportunities Marketing & media opportunities Ed Virtue Jeff Ando Elisabeth Spry Join the conversation at #GTRAsia Director, Global Sales Director, Content Marketing Manager [email protected] [email protected] [email protected] +44 (0)20 8772 3008 +44 (0)20 8772 3015 +44 (0)20 8772 3006 2 | #GTRAsia www.gtreview.com/gtrasia STATISTICS Social media statistics Attendees by sector in 2020 Company size breakdown in 2020 Corporates & traders 12 % % 9 6 10 15 3 3 SME % Mid 60 75% 1.5 million impressions 12 Banks & financiers 2
  • Acquisition Announcement

    Acquisition Announcement

    ACQUISITION ANNOUNCEMENT See Small. Think Big. NEWS RELEASE Toronto, July 12, 2020 Triple Flag Announces US$550 million Gold and Silver Stream on CMOC’s Northparkes Mine Triple Flag Precious Metals Corp. (“TFPM”) is pleased to announce that its wholly-owned subsidiary, Triple Flag Mining Finance Bermuda Ltd. (“Triple Flag Bermuda” and collectively with TFPM, “Triple Flag”) has entered into a stream agreement with certain subsidiaries of China Molybdenum Co., Ltd. (collectively, “CMOC”), to receive gold and silver deliveries determined by reference to production from the Northparkes copper-gold mine located in New South Wales, Australia. Northparkes is operated by CMOC on behalf of the Northparkes Joint Venture, an unincorporated joint venture between CMOC (80%), SC Mineral Resources Pty Ltd. (6.7%) and Sumitomo Metal Mining Oceania Pty Limited (13.3%) (the latter two collectively, “Sumitomo”) . Triple Flag Bermuda will make an upfront cash payment of US$550 million and on-going payments equal to 10% of the spot gold price and spot silver price at the time of delivery for gold and silver equal to 54.0% of the gold and 80.0% of the silver produced at Northparkes (the “Stream”). “Northparkes will be a new cornerstone asset, with robust cash flows over a very long mine life in a top-tier mining jurisdiction. This is a globally recognized mine with an excellent track record of safety, operations, reserve replacement and community involvement further bolstering and diversifying our portfolio,” commented Shaun Usmar, Founder and CEO of Triple Flag. “Mining at Northparkes commenced in 1993 with a Reserve of 68Mt; 25 years later the mine has created significant value for its owners and their local stakeholders, and stands with a Reserve of 133Mt, a Resource of 483Mt and a long future ahead of it.
  • For Personal Use Only Use Personal For

    For Personal Use Only Use Personal For

    ASX Announcement ASX: SUP 1st October 2019 superiorlake.com.au Clarification of newspaper report Superior Lake Resources Limited (ASX: SUP) (“Superior Lake” or the “Company”) wishes to clarify a report in the edition of The West Australian newspaper published on Saturday 28 September 2019. As announced by the Company on 5 July 2019 (see ASX announcement “Update on status of BFS, financing process and offtake”) the Company has received non-binding indicative proposals relating to offtake for its Superior Lake Zinc Project. The Company confirms that proposals have been received from the parties named in the above-mentioned newspaper report, Glencore, Trafigura and IXM. While the Company continues to hold discussions with these parties, there is no agreement, no formal offer has been received and there has been no material change since the announcement of 5 July 2019. Offtake and smelter overview – North America There are currently four operating zinc smelters in Norther America. These include: CEZinc smelter in Salaberry-de-Valleyfield, Canada owned by Glencore; Flin Flon smelter in Manitoba, Canada owned by HudBay Minerals; Trail smelter in British Columbia, Canada owned by Teck Resources; and Clarksville in Tennessee, USA owned by Nyrstar. Image 1: Location of North American smelters, rail and port terminals For personal use only Superior Lake Resources Limited Emerald House 1202 Hay Street T: +61 8 6117 0479 ACN 139 522 553 West Perth WA, 6005 Page 1 The majority of supply for these smelters is provided by North American zinc operations. Leading independent commodity expert, CRU, recently highlighted that North American zinc in concentrate production has been almost flat since the end of 2014, rising only 1.9% over the period to 1.76 Mt in 2018.
  • Annual-Report-Hk-En-3073.Pdf

    Annual-Report-Hk-En-3073.Pdf

    SPDR® FTSE® Greater China ETF A Sub-Fund of the SPDR® ETFs Stock Code: 3073 Website: www.spdrs.com.hk/etf/fund/fund_detail_3073_EN.html Annual Report 2020 1st October 2019 to 30th September 2020 SPDR® FTSE® Greater China ETF A Sub-Fund of the SPDR® ETFs Stock Code: 3073 Website: www.spdrs.com.hk/etf/fund/fund_detail_3073_EN.html Annual Report 2020 Contents Page Statement by the Manager 2 Report of the Trustee 3 Independent Auditor’s Report to the unitholders of SPDR® FTSE® Greater China ETF (a sub-fund of the SPDR® ETFs) (the “Sub-Fund”) 4 Statement of Financial Position 9 Statement of Comprehensive Income 10 Statement of Changes in Equity 11 Statement of Cash Flows 12 Notes to the Financial Statements 13 Investment Portfolio (Unaudited) 39 Statement of Movements in Portfolio Holdings (Unaudited) 67 Performance Record (Unaudited) 68 Administration and Management 69 1 SPDR® FTSE® Greater China ETF A Sub-Fund of the SPDR® ETFs Annual Report 2020 STATEMENT BY THE MANAGER Manager’s Responsibilities The Manager of SPDR® FTSE® Greater China ETF (the “Sub-Fund”) is required by the Code on Unit Trusts and Mutual Funds issued by the Securities and Futures Commission of Hong Kong (the “SFC Code”) and the Trust Deed dated 27th July 2010, as amended and restated by the second supplemental trust deed dated 30th December 2019 (the “Trust Deed”), to prepare financial statements for each annual accounting period which give a true and fair view of the financial position of the Sub-Fund at the end of that period and of the transactions for the period then ended.
  • Victory Fund Holdings Victory Vif Sophus

    Victory Fund Holdings Victory Vif Sophus

    VICTORY FUND HOLDINGS As of June 30, 2021 VICTORY VIF SOPHUS EMERGING MARKETS MATURITY TRADED MARKET TRADED MARKET SECURITY DESCRIPTION DATE VALUE (BASE) VALUE (BASE) % ALIBABA GROUP HOLDING LTD ADR 1,972,532.44 4.25% BAIDU, INC. ADR 501,186.20 1.08% CEMEX DA - ADR 425,787.60 0.92% BANCO DE CREDITO E INVERSIONES 42.24 0.00% BANCO DE CHILE 222,461.14 0.48% CONTROLADORA VUELA CIA-ADR 252,035.20 0.54% VALE SA 519,202.93 1.12% GRUPO FINANCIERO BANORTE SAB DE CV 53,844.63 0.12% ALSEA SAB DE CV 191,300.90 0.41% PETROBRAS DISTRIBUIDORA SA 280,040.22 0.60% HDFC BANK, LTD. ADR 295,770.40 0.64% INFOSYS TECHNOLOGIES ADR 917,463.43 1.98% JD.COM INC 462,259.52 1.00% MYTILINEOS HOLDINGS SA 231,598.89 0.50% ASM PACIFIC TECHNOLOGY LIMITED 289,896.61 0.63% WALSIN TECHNOLOGY CORP 358,898.56 0.77% HINDUSTAN PETROLEUM CORP LTD 420,901.59 0.91% LIC HOUSING FINANCE LTD 347,677.95 0.75% TATA STEEL LTD 279,822.18 0.60% NMDC LTD 371,024.87 0.80% DB INSURANCE CO LTD 248,435.54 0.54% CJ CORP 218,169.43 0.47% CHINA AIRLINES LTD 237,394.11 0.51% NANYA TECHNOLOGY CORP 437,286.77 0.94% LG UPLUS CORP 400,318.87 0.86% INBODY CO LTD 147,250.34 0.32% EVERGREEN MARINE CORP TAIWAN LTD 550,999.17 1.19% FORMOSA PLASTICS CORP 266,092.71 0.57% FOSCHINI GROUP LTD/THE 78,224.61 0.17% SIAM COMMERCIAL BANK P-NVDR 302,348.74 0.65% MEDIATEK INC 586,318.72 1.26% SAMSUNG SECURITIES CO LTD 272,600.80 0.59% DR.
  • This Document Is Important and Requires Your Immediate Attention Financial Report and Budget Report Proposed Distribution Of

    This Document Is Important and Requires Your Immediate Attention Financial Report and Budget Report Proposed Distribution Of

    THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are in any doubt about this circular or as to the action to be taken, you should consult your stockbroker or other registered dealer in securities, bank manager, solicitor, professional accountant or other professional adviser. If you have sold or transferred all your shares in China Molybdenum Co., Ltd.*, you should at once hand this circular to the purchaser or transferee or to the bank, stockbroker or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee. The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this circular, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss however arising from or in reliance upon the whole or any part of the contents of this circular. (Stock Code: 03993) FINANCIAL REPORT AND BUDGET REPORT PROPOSED DISTRIBUTION OF FINAL DIVIDEND PROPOSED SUBSCRIPTIONS OF STRUCTURED DEPOSIT WITH INTERNAL IDLE FUNDS PROPOSED PURCHASE OF WEALTH MANAGEMENT PRODUCTS WITH INTERNAL IDLE FUNDS PROPOSED PROVISION OF FINANCIAL GUARANTEE TO WHOLLY-OWNED SUBSIDIARIES PROPOSED GENERAL MANDATE FOR ISSUE OF SHARES PROPOSED GENERAL MANDATE FOR REPURCHASE OF H SHARES VERY SUBSTANTIAL ACQUISITION OF THE TARGET COMPANY WHICH HOLDS IXM AND NOTICE OF THE ANNUAL GENERAL MEETING NOTICE OF THE 2019 SECOND CLASS MEETING OF H SHAREHOLDERS A letter from the Board is set out on pages 1 to 44 of this circular. Notice convening the AGM to be held at the International Conference Room of Mudu-Lee Royal International Hotel at No.