Jiangxi Copper Co., Ltd. (600362) is one of the most potential electrolytic copper enterprises in China, and its mineral resources reserves are in a leading position in the country with good performance. Outstanding resource advantages At present, the company has proven copper reserves of about 1 1 10,000 tons, gold reserves of about 4 million tons, and overseas resource expansion has also made positive progress. Under the background of the expansion of production capacity and the substantial increase of imported raw materials, strengthening the resource reserve and strengthening the potential of its own mines will create favorable conditions for its future profit growth. Previously, the company announced that it planned to issue convertible bonds and use part of the raised funds to acquire Jiangtong Group and related assets such as copper, gold and molybdenum, including related businesses such as copper, gold, molybdenum, selenium, rhenium, tellurium and bismuth, and financial businesses such as commodity financial futures and finance companies, supporting production, copper processing and marketing. This asset acquisition will further expand the company's reserves of copper, gold and other resources, and add resources and businesses such as lead, zinc and molybdenum, laying a good foundation for its future copper-based and diversified operations. At the same time, because Jiangtong Group still has millions of resources such as copper, zinc, molybdenum and gold, and cooperates with Minmetals Group to develop foreign non-ferrous metal resources, it also brings more imagination to the company in the future. Equity incentive ensures sustainable development. Although the company increased its income without increasing profits last year, the future growth of the company is still optimistic by various institutions. Last year, the company's electrolytic copper production capacity expanded by 75%, which led to a substantial increase in imported raw materials, a substantial decrease in the self-sufficiency rate of copper concentrate, an increase in costs and a decrease in the gross profit margin of products. Looking to the future, the improvement of the company's resource reserves and resource self-sufficiency rate can already be expected. Judging from the investment of funds raised by the proposed convertible bonds, the processing business of high value-added products in asset acquisition will further improve the company's industrial chain and stabilize the market risk of pure copper smelting business. While striving to build a world-class mining enterprise, the company has also become the top priority of its work to seek the organic combination of industrial capital and financial capital. It is expected that by buying shares of futures companies and financial companies and participating in commercial banks, it will help them build a benign interactive system between finance and industrial capital and help companies achieve sustainable development. In addition, the equity incentive plan announced by the company will also give its management more motivation to become bigger and stronger. The organization is optimistic about the acquisition prospects. Yuntong suggested gradually lightening positions during the upswing in the past two weeks. In this wave of non-ferrous metal stocks, G Yuntong is the best performing variety in the same sector. Based on the 5 yuan high set by Yunnan Copper in March, 2004, g The areas around 7 yuan of Yunnan Copper are at an absolute high in the medium term. According to the influence of Yunnan Copper's current trend, it can be seen as high as 8 yuan in theory, but it is suggested that you gradually lighten your position in the process of rising.