Guangdong Jingyi Metal (002295.SZ): Signed a major contract for the purchase of cathode copper.
Jingyi Co., Ltd. (002295.SZ) announced that the company and its subsidiaries within the scope of consolidated financial statements (collectively referred to as "subsidiaries") will sign a "Copper Purchase and Sale Framework Agreement" with Foshan Nanhai Minyixing Trading Co., Ltd. ("Minyixing") and Tongling Nonferrous Metals Group Shanghai International Trade Co., Ltd. ("Tongling Nonferrous") in 2026, agreeing that the company and its subsidiaries will procure cathode copper from Minyixing and Tongling Nonferrous. The effective period of the above contracts is from January 1, 2026, to December 31, 2026.
Guangdong Jingyi Metal (002295.SZ) announced that the company and its subsidiaries (collectively referred to as "subsidiaries") will respectively enter into a "Copper Purchase and Sale Framework Agreement" with Foshan Nanhai Minyixing Trading Co., Ltd. ("Minyixing") and Tongling Nonferrous Metals Group Shanghai International Trade Co., Ltd. ("Tongling Nonferrous Metals Group") in 2026. The agreement stipulates that the company and its subsidiaries will purchase cathode copper from Minyixing and Tongling Nonferrous Metals Group, with the validity period of the contracts running from January 1, 2026, to December 31, 2026.
From January 1, 2026, to August 30, 2026, the total amount of daily operational purchases (excluding tax) between the company and its subsidiaries and Minyixing reached 1.197 billion yuan, accounting for over 50% of the audited total assets of the company for the fiscal year 2025. The total amount of daily operational purchases (excluding tax) with Tongling Nonferrous Metals Group reached 989 million yuan, nearing 50% of the audited total assets of the company for the fiscal year 2025.
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