Xiamen Tungsten: Net profit for the first half of 2025 was 972 million yuan, a year-on-year decrease of 4.41%.

Xiamen Tungsten Industry released its interim performance report, with operating income of 19.178 billion yuan in the first half of 2025, a year-on-year increase of 11.75%; net profit of 972 million yuan, a year-on-year decrease of 4.41%. The main reason for the decrease in total profit year-on-year is that in the same period last year, the company completed the disposal of equity in Chengdu Tengwangge Real Estate and Chengdu Tengwangge Property, as well as the disposal of the separation of Gold Long Rare Earth Refining business, resulting in a confirmation of investment income of 192 million yuan, which is not present in this period. During the reporting period, the tax on tungsten concentrate resources of Luoyang Yulu, a subsidiary mining company, for comprehensive recovery of tailings resources was 63 million yuan. Excluding the above effects, the company's total profit increased by 3.58% year-on-year, and net profit increased by 7.70%.