Under the impact of sluggish global mining market, domestic nonferrous mining companies universally suffered decline in profit. Zijin Mining Group recently released annual report for 2013, the Company last year fulfilled sales income of 49.772 billion yuan, up by 2.8% on Y-o-Y basis; net profit 2.125 billion yuan,down by 59.22% on Y-o-Y basis.

As the global mining industry entered comprehensive adjustment, and prices of major metal mineral products remained low, the Board of Directors of Zijin Mining Group recently drafted the Company’s third round development strategy. Specifically speaking, in the aspect of main business, the Company clarified sticking to the main business dominated by gold and copper mining while combining other metals’ mining businesses,meanwhile exploring new energy mining businesses such as shale gas; in the aspect of mining finance, the Board of Directors proposed to study the route of combining mining and finance, and at appropriate time initiate and establish commercial bank with synergy effect; in the aspect of M&A, the Company emphasized the point to intensify M&A efforts to acquire mining resources and large mining companies, strive to accomplish successful acquisition of multiple ultra-large mineral deposits. While seeking development in multiple business sectors, it tries to build Zijin Mining Group into a hi-tech and benefitoriented super-large international mining group by 2030.