中广核矿业2025中期报告

中 期 報 告Interim Report2025 Contents Corporate Information DIRECTORS Executive Directors 邱斌（於2025年4月15日獲委任為執行董事兼本公司首席執行官）徐軍梅 Qiu Bin(appointed as ED and chief executive officerof the Company on 15 April 2025)Xu Junmei Non-executive Directors 王先鋒（董事會主席，於2025年4月15日辭任本公司首席執行官並調任非執行董事） Wang Xianfeng(chairman of the Board, resignedas the chief executive officer of the Company andre-designated as NED on 15 April 2025)Sun XuLiu GuanhuaYin Xiong(resigned on 15 April 2025) 孫旭劉冠華殷雄（於2025年4月15日辭任） Independent Non-executive Directors 高培基張蘊濤吳英鵬（於2025年6月30日獲委任）邱先洪（於2025年3月12日辭任）戴麒佳（於2025年3月12日獲委任，並於2025年6月30日辭任） Gao Pei JiZhang YuntaoWu Yingpeng(appointed on 30 June 2025)Qiu Xianhong(resigned on 12 March 2025)Dai Qijia(appointed on 12 March 2025and resigned on 30 June 2025) AUDIT COMMITTEE 張蘊濤（於2025年3月12日調任為主席）孫旭吳英鵬（於2025年6月30日獲委任）邱先洪（於2025年3月12日辭任）戴麒佳（於2025年3月12日獲委任，並於2025年6月30日辭任） Zhang Yuntao(re-designated as chairman on 12 March 2025)Sun XuWu Yingpeng(appointed on 30 June 2025)Qiu Xianhong(resigned on 12 March 2025)Dai Qijia(appointed on 12 March 2025and resigned on 30 June 2025) REMUNERATION COMMITTEE 吳英鵬（於2025年6月30日獲委任為主席）高培基劉冠華張蘊濤邱先洪（於2025年3月12日辭任）戴麒佳（於2025年3月12日獲委任為主席，並於2025年6月30日辭任主席） Wu Yingpeng(appointed as chairman on 30 June 2025)Gao Pei JiLiu GuanhuaZhang YuntaoQiu Xianhong(resigned on 12 March 2025)Dai Qijia(appointed as chairman on 12 March 2025and resigned as chairman on 30 June 2025) Corporate Information NOMINATION COMMITTEE 王先鋒（主席）高培基張蘊濤徐軍梅（於2025年6月30日獲委任）吳英鵬（於2025年6月30日獲委任）邱先洪（於2025年3月12日辭任）戴麒佳（於2025年3月12日獲委任，並於2025年6月30日辭任） Wang Xianfeng(chairman)Gao Pei JiZhang YuntaoXu Junmei(appointed on 30 June 2025)Wu Yingpeng(appointed on 30 June 2025)Qiu Xianhong(resigned on 12 March 2025)Dai Qijia(appointed on 12 March 2025and resigned on 30 June 2025) ENVIRONMENTAL, SOCIAL ANDGOVERNANCE COMMITTEE 徐軍梅（主席）孫旭高培基 Xu Junmei(chairman)Sun XuGao Pei Ji JOINT COMPANY SECRETARIES She DongLai Siu Kuen 佘東黎少娟 AUTHORISED REPRESENTATIVESUNDER THE LISTING RULES 徐軍梅黎少娟 Xu JunmeiLai Siu Kuen REGISTERED OFFICE Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 香港灣仔港灣道26號華潤大廈19樓1903室 Room 1903,19/F, China Resources BuildingNo. 26 Harbour RoadWanchai, Hong Kong Corporate Information www.cgnmc.com CORPORATE WEBSITEwww.cgnmc.com PRINCIPAL BANKERS 中國銀行（香港）有限公司中國工商銀行（亞洲）有限公司 Bank of China (Hong Kong) LimitedIndustrial and Commercial Bank of China (Asia) Limited AUDITOR 香港立信德豪會計師事務所有限公司 BDO Limited CAYMAN ISLANDS PRINCIPAL SHAREREGISTRAR AND TRANSFER OFFICE Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE 卓佳證券登記有限公司香港夏愨道16號遠東金融中心17樓 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt Road, Hong Kong SHARE LISTING 香港聯合交易所有限公司 The Stock Exchange of Hong Kong Limited STOCK CODE 01164 01164 Highlights of Interim Results The Board announces the unaudited consolidated interim results ofthe Group for the six months ended 30 June 2025. 董事會宣佈本集團截至2025年6月30日止六個月未經審核之綜合中期業績。 Business Review and Analysis 2025 ANALYSIS OF THE BUSINESS ENVIRONMENTIN THE FIRST HALF OF 2025 Macroeconomic Environment 2025年6月，世界銀行宣佈解除核電融資禁令，並與國際原子能機構正式建立合作關係，以共同支持全球主要國家，尤其發展中國家核能行業的有序發展。施行長達十幾年的核電融資禁令解除標誌著全球各國，包括曾反對核電開發的西方國家對核電的主流態度已由「保守謹慎」轉為「積極發展」。 In June 2025, the World Bank announced the lifting of the ban onfinancing for nuclear power and officially established partnershipwith the International Atomic Energy Agency to jointly support theorderly development of the nuclear industry of the world’s majorcountries, particularly the developing countries. The lifting of the banon financing for nuclear power that had been in place for more thana decade marked a shift in the mainstream attitude towards nuclearpower among countries across the world, including western countriesthat had previously opposed the development of nuclear power, from“conservative and prudent” to “active and progressive”. 究其原因，主要是當前全球數字經濟的飛速發展極大地提高了各國的用電需求。根據國際能源署預測，至2030年，全球數據中心的電力需求預計將增長一倍以上，人工智能將成為推動用電激增的主要動力。經過技術升級、穩定、安全、高效的核電將是全球各國發展新興產業的重要電力保障。 The primary reason for this is the rapid development of the currentglobal digital economy has significantly increased the electricitydemand in different countries. According to the forecast of theInternational Energy Agency, the electricity demand of data centresacross the world is expected to be more than twice by 2030, withartificial intelligence becoming the main driver behind the surgein the power consumption. Nuclear power, which has undergonetechnological upgrades and become stable, safe, and efficient, will bean important guarantee of electricity for the development of emer