JCHX released Performance Report of 2023 H1 on August 14, with the revenue amounting to CNY 3279 million（$450 million), a year-on-year increase of 32.3%.
In 2023 H1, the mining service sector continued to develop overseas with stability, with revenue exceeding CNY 1844 million($253 million), up 19.68% year-on-year, during when JCHX subsidiaries scored fruitful achievements, with the installation of the main and service cant frames of the ultra large headgear of main shaft at Musonoi Copper Mine successfully completed by Kingko, the accurate breakthrough between the air intake shaft and 2# air return shaft at JM Mine of Zijin Serbia achieved ahead of schedule by Kinsey, and the underground mining project of Wassa Gold Mine in Ghana contracted by Golden Star (Wassa) Limited, a subsidiary of Chifeng Gold, marking JCHX’s entry into West African market for the first time.
Remarkable progresses were also made in the sector of resources investment. Dikulushi copper project saw steady increase in its output. Lonshi copper project moved to the stage of system perfection and ramp up, with all service works for processing and smelting plant established and operated, the hot commissioning of processing system mostly completed, the construction and installation of roasting & acid accumulator plants finishing up, and separate commissioning of all equipment in copper refinery successfully completed. Meanwhile, the transaction of San Matias Copper & Gold & Silver Mine was closed.
