Jinhui Co., Ltd. (603132.SH) issued an announcement. The company plans to change the investment direction of some of the fund-raising projects. The original project “...
According to the Zhitong Finance App, Jinhui Co., Ltd. (603132.SH) announced that the company plans to change some of the fund-raising projects. The original project “Huixian Guojiagou Lead-Zinc Mine Green Mine Upgrading and Renovation Project” will be changed to the implementation of the “Jiangluo Mining Area Lead-Zinc Mine (3 million tons/year) beneficiation project”, with a construction investment of 2,322 billion yuan.
The overall construction idea of the project is to build two 5000t/d beneficiation plants at the original site of the Xiejiagou flotation plant and the Minghao mining beneficiation plant. Before construction, the Minghao Mining Processing Plant and the supporting Taojiagou Tailings Depot were used for production. At the same time, construction of the Xiejiagou Selection Plant and Wangjiagou Tailings Depot was initiated. After the Wangjiagou Mine Reservoir (1.5 million tons/year) was completed and put into operation simultaneously, the Minghao Mining Plant (1.5 million tons/year) and the Weizigou Tailings Depot were built, ultimately achieving the production capacity target of 3 million tons/year in the Jiangluo mining area.
According to the announcement, after delivery, the project operation is expected to achieve operating income of 1,908 million yuan/year, taxable and additional 77.6467 million yuan/year, total profit of 354 million yuan/year, income tax of 53.1359 million yuan/year, and profit after tax of 301 million yuan/year. The internal rate of return on project investment is 14.55% (after income tax), and the payback period is 7.12 years (after income tax, including infrastructure period).