Jiangxi Copper reforms governance, boosts returns with interim dividend

Jiangxi Copper Company's board approved a suite of governance changes and a robust interim dividend of RMB 0.40 per share for the first half of 2025, totaling RMB 1,380,915,054.80. These changes, to be submitted for shareholder approval, align with new company law and market regulations. Key amendments include replacing the supervisory board with an audit committee under the board of directors, and removing distinctions between A and H shares.

The company's operational performance for the first half of 2025 saw a net profit attributable to shareholders of RMB 4,174,546,475. Additionally, Jiangxi Copper is proposing to make provisions for asset impairment, totaling RMB 94.324 million, reflecting a proactive approach to asset valuation and risk management. This includes provisions for inventory, fixed assets, construction in progress, investment properties, other non-current assets, and credit impairment losses.

Furthermore, Jiangxi Copper has committed to a "Quality Improvement and Return Enhancement" action plan for 2025, emphasizing high-quality development, technological innovation, and sustainable growth. The company’s financial services arm, Jiangxi Copper Group Finance Co., Ltd., reported a total asset value of RMB 315.39 million and a net profit of RMB 1.44 million for the first half of 2025, operating within regulatory compliance with all key indicators met.