China Nan Kuang Group's Dividends Exceed 115 Million Yuan in Three Years, Zimbabwe Gold Mine Focuses on Open-Pit Mining
2026-05-19 13:53
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en.Wedoany.com Reported - Recently, China Nan Kuang Group held its 2025 annual performance briefing via the P5w.net "Investor Relations Interactive Platform." Chairman Li Shunshan, CFO Wen Jinsong, and Board Secretary Miao Yun attended the meeting, engaging in online exchanges regarding investor concerns such as the progress of the Zimbabwe gold mine project, dividend plans, stock price performance, and overseas mining production.

Regarding the exploration and mining plan for the deep ore body of the Brownhill Gold Mine in Zimbabwe, Nan Kuang Group stated that the project is currently primarily focused on the production and operation of the existing open-pit oxide ore. For the exploration, mining plan, and production timeline of the deep ore body, the company stated that "there is no formal plan or progress that can be clearly disclosed at this time," and will make timely announcements if a mature plan is formed and meets information disclosure standards. In terms of investor returns, Nan Kuang Group revealed that cumulative dividends over the past three years amounted to 115.9867 million yuan (including the planned dividend for 2025), accounting for 56.37% of the cumulative net profit attributable to the parent company over the same period. Regarding the dividend payout ratio plan for the next three years, the company stated it will make comprehensive plans based on factors such as operating performance, cash flow conditions, and project development capital needs, and will steadily optimize the cash dividend payout ratio under the premise of sustained abundant cash flow and permissible operating and capital conditions.

Concerning the stock price falling from 30 yuan at the beginning of the year to around 20 yuan, Nan Kuang Group stated it pays high attention to stock price fluctuations and shareholder interests, and understands the pressure faced by investors. Management stated that secondary market stock prices are influenced by multiple external factors such as macroeconomics, industry cycles, and market sentiment, and short-term fluctuations are normal phenomena. The company plans to stabilize its market value through three measures: adhering to the "Three Transformations and One Optimization" operating policy and the "One Body, Two Wings" business strategy to deepen its core business; standardizing corporate governance and internal control operations; and strengthening investor relations management for effective value communication. Nan Kuang Group emphasized that the company's long-term operating fundamentals have solid support, and it believes that as operating results are released, the market value will gradually return to a reasonable range.

In terms of overseas mining production, Nan Kuang Group stated that the Brownhill Gold Mine in Zimbabwe entered normal production status in the second quarter. The local rainy season is concentrated from November to March of the following year (with the heaviest rainfall from January to February). In the first quarter, affected by continuous rainfall, open-pit mining construction, ore heap leaching spraying, and gold leaching efficiency were all constrained, slowing the production pace. Entering the dry season in the second quarter, weather conditions improved, and project production capacity and operational efficiency are steadily recovering. Nan Kuang Group stated it will continue to focus on its core business operations, reward investors with steady performance, and strictly fulfill its information disclosure obligations in a timely manner for relevant major matters in accordance with regulatory rules.

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