← Back

Qinghai Jinrui Mineral Development Co Ltd

600714.CGCNY
16.79+37.1%1Y · CNY

Qinghai Jinrui Mining Development Co., Ltd. produces and sells lithium salt, metallic lithium, and other alloy products in China and internationally. Its offerings include industrial-grade carbonate, metallic acid, aluminum alloys, nitric acid, and hydrogen hydroxide. The company also exports its products. Incorporated in 1996, it is based in Xining, China.

Price · split & dividend adjusted
News & notes moving 600714.CG
China
600714.CG

Jinrui Mining General Manager Zheng Yonglong Resigns; Chairman Ren Xiaokun Temporarily Assumes Duties

Jinrui Mining announced after market close on October 8 that director and general manager Zheng Yonglong has resigned due to a job change. The announcement shows that the board received Zheng Yonglong's written resignation report on September 30, 2026. His original term was set to expire on November 5, 2027. After resigning, he will no longer hold any position in the company or its subsidiaries, and as of the announcement date he did not hold any company shares. Jinrui Mining stated that the resignation takes effect from the date it was delivered to the board, will not cause the number of board members to fall below the statutory minimum, and will not affect the normal operation of the board or the company's daily operations. Zheng Yonglong has completed the handover work. Before the board appoints a new general manager, chairman Ren Xiaokun will temporarily perform the duties of general manager, and the company will complete the by-election and appointment of new directors and the general manager as soon as possible. According to annual report information, over the past five years Zheng Yonglong has served as assistant general manager and deputy general manager of Qinghai Qiaotou Aluminum and Power Company, and as a member of the party committee, director, deputy general manager, chief financial officer, and general manager of Jinrui Mining. His total pre-tax compensation from the company last year was 508,900 yuan.
600714.CG · · Neutral General manager Zheng Yonglong resigns; chairman temporarily assumes duties, with no stated operational or financial impact.
Read original ↗
读创财经·3dRead more →
China
600714.CG▼

Jinrui Mining's net profit falls 53.69% in 2026 interim report

Jinrui Mining released its 2026 interim report, with total operating revenue of 152 million yuan, down 15.79% year on year. Net profit attributable to the parent company was 16.7713 million yuan, down 53.69% year on year. Net cash inflow from operating activities was 26.4308 million yuan, up 56.88% year on year. The company's asset-liability ratio was 8.33%, gross margin was 23.17%, return on equity was 2.18%, and diluted earnings per share was 0.06 yuan. The number of shareholders was 23,700, and the top ten shareholders held 49.18% of the total share capital.
600714.CG · Capital · Negative Net profit fell 53.69% year on year in the interim report.
Read original ↗
Jiemian·44dRead more →
600714.CG▼2

Jinrui Mining expects first-half 2026 net profit to fall 53.69% year-on-year

Jinrui Mining has disclosed its earnings forecast, expecting a net profit attributable to the parent company of 16.7714 million yuan for the first half of 2026, a year-on-year decline of 53.69 percent. Deducted non-recurring net profit is expected to be 16.3651 million yuan, down 55.81 percent year-on-year. The company's main business is the mining and sale of celestite ore, as well as the production and sale of strontium salt series products. The decline in performance is mainly due to a year-on-year drop in production and sales volumes of main products caused by a production halt for maintenance in the first quarter, while intensified industry competition led to a year-on-year fall in prices of major products. Based on the closing price on July 14, Jinrui Mining's current price-to-earnings ratio is approximately 393.26 times, its price-to-book ratio is about 5.81 times, and its price-to-sales ratio is about 14.56 times.
600714.CG · Capital · Negative Net profit forecast to drop 53.69% year-on-year due to lower production and sales volumes and price declines.
Read original ↗
中国证券报·89dRead more →