CMOC Group Limited — Earnings Release 2024

Jan 22, 2025

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

CMOC

洛阳钼业

洛陽樂川鉬業集團股份有限公司

CMOC Group Limited

(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 03993)

INSIDE INFORMATION POSITIVE PROFIT ALERT

This announcement is made by CMOC Group Limited* (the “Company”, together with its subsidiaries, the “Group”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong).

The board of directors of the Company (the "Board") hereby informs the shareholders and potential investors of the Company that, based on the preliminary estimation by the financial department of the Company, during the period of advance notice for results from 1 January 2024 to 31 December 2024:

1. It is estimated that the net profit attributable to shareholders of the Company for the year of 2024 will be RMB12,800 million to RMB14,200 million, representing an increase of RMB4,550 million to RMB5,950 million, or 55.15% to 72.12% as compared with the same period of last year.

2. It is estimated that the net profit attributable to the shareholders of the Company after deduction of non-recurring loss/profit for the year of 2024 will be RMB12,400 million to RMB13,800 million, representing an increase of RMB6,167 million to RMB7,567 million, or 98.94% to 121.40% as compared with the same period of last year.

The significant increase in the results of the Company for the year of 2024 as compared with the same period of last year is attributable to the significant increase in the output and sales of copper and cobalt products as compared with the same period of last year, which, coupled with the year-on-year increase in the price of copper products and the remarkable results in its measures to reduce costs and increase efficiency, resulted in a year-on-year increase in the Company's profit.

The information contained in this announcement is only based on the preliminary assessment by the Company's management according to the unaudited management accounts of the Group which have not been audited by accounting firms. Detailed financial information of the Company will be disclosed in its 2024 annual report.

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Shareholders and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company.

By Order of the Board
CMOC Group Limited*
Yuan Honglin
Chairman

Luoyang City, Henan Province, the People’s Republic of China,
22 January 2025

As at the date of this announcement, the executive directors of the Company are Mr. Sun Ruiwen and Mr. Li Chaochun; the non-executive directors of the Company are Mr. Yuan Honglin, Mr. Lin Jiuxin and Mr. Jiang Li; and the independent non-executive directors of the Company are Mr. Wang Kaiguo, Ms. Gu Hongyu and Mr. Cheng Gordon.

• For identification purpose only

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