Luoping zinc electricity: loses 178 million yuan in 2025.

Loping Zinc Power disclosed its annual report on April 23, 2025, with an operating income of 1.446 billion yuan, a year-on-year increase of 14.69%; a net loss attributable to the parent company of 178 million yuan, a decrease of 78.8559 million yuan from the same period of the previous year. During the reporting period, due to the expiry of the mining license for the Jinpo Lead-Zinc Mine operated by Derong Mining, there was a long period of production suspension, resulting in a significant decrease in the self-produced zinc concentrate compared to the previous year, which in turn increased the proportion of purchased raw materials. In 2025, the overall supply of zinc concentrate in the market was relatively tight, causing an increase in the purchasing price of zinc concentrate for the company and a significant decrease in the gross profit margin of the company's zinc products; at the same time, losses were incurred due to the settlement of imported raw materials, losses from joint ventures led to a decrease in confirmed investment income, subsidiaries paid additional taxes to Derong Mining, and three subsidiaries were fined for unauthorized mining.