South Mining Group landed on Shenzhen Main Board to further consolidate the foundation for development

2023, Nanchang Mining Machinery Group Co., Ltd. (Hereinafter referred to as "Nankuang Group") was listed on the main board of Shenzhen Stock Exchange. Since its establishment, the main business of Nankuang Group is the research and development, design, production, sales and post-market services of crushing and screening equipment related to sand aggregates and metal mines. It is one of the leading high-end mining equipment suppliers in China. According to

public data, the company issued 51 million shares at a price of 15.38 yuan per share, with a P/E ratio of 34.66 times. The net fund raised is 715 million yuan for the industrialization project of key accessories of high-performance intelligent crusher, the intelligent transformation and construction project of Nanchang Mining Machinery Group Co., Ltd., the construction of comprehensive science and technology building and the construction of intelligent operation and maintenance platform. In terms of

performance, from 2019 to 2021 and from January to June 2022, the operating income of Nankuang Group was 61000 yuan for 39311, 07000 yuan for 49844, 34000 yuan for 72517 and 69000 yuan for 37364, respectively. The net profit attributable to the parent company for the same period was RMB64.7582 million and RMB88.7804 million, and the 10956 was RMB0.94 million and RMB58.9399 million, respectively, with a year-on-year increase of 37.10% and 23.42% in 2020 and 2021, respectively. The company's operating income grew steadily and its profitability continued to increase.