According to the Minsheng Securities Research Report, the Luoyang Molybdenum Industry's production has fully completed the annual production plan. Looking at the annualization of Q4 production, the company's annual copper production capacity may reach 68-700,000 tons, mainly thanks to the support of two world-class copper mines, TFM and KFM in the Congo. The company has formulated plans and production targets for the next 5 years, and is currently actively promoting production expansion plans. TKM and TFM are expected to continue to expand. Maintain a “Recommended” rating.

According to the Minsheng Securities Research Report, the Luoyang Molybdenum Industry's production has fully completed the annual production plan. Looking at the annualization of Q4 production, the company's annual copper production capacity may reach 68-700,000 tons, mainly thanks to the support of two world-class copper mines, TFM and KFM in the Congo. The company has formulated plans and production targets for the next 5 years, and is currently actively promoting production expansion plans. TKM and TFM are expected to continue to expand. Maintain a “Recommended” rating.