Zijin Mining stock falls 4.46 percent after AI fund move

Published on 09/24/2026 at 14:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zijin Mining stock reported CNY 194.18 billion in H1 2026 revenue, up 15.8 percent year over year. Q2 net profit reached CNY 19.09 billion as the stock stood 33.2 percent below its yearly high.

Zijin Mining stock, metals and mining, AI investment, earnings growth, Shanghai Stock Exchange, Illustration mit AI erstellt.

Zijin Mining stock (ISIN CNE100000B24) closed at CNY 30.01 on the Shanghai Stock Exchange on September 24, 2026, down 4.46 percent from the prior session. The decline came as the metals group balanced strong first-half earnings against a new technology investment that broadens its capital allocation.

AI fund adds a new angle

After the market close on September 16, Zijin Mining committed CNY 1 billion to an AI and embodied intelligence venture fund, according to ChemNet. The subscription represented 20.41 percent of the fund's total subscribed capital, which was stated at CNY 4.9 billion.

The fund has a seven-year term from its first close, with a possible two-year extension. It will not be included in Zijin Mining's consolidated financial statements, making the transaction a strategic investment rather than an immediate addition to operating revenue.

Profit growth sets the benchmark

Zijin Mining's first-half 2026 revenue rose 15.8 percent year over year to CNY 194.18 billion, while net profit attributable to shareholders increased 68.2 percent to CNY 39.17 billion, according to Futunn. The gap between revenue and profit growth shows how metal prices and margins amplified the earnings result.

In Q2 2026, revenue reached CNY 95.68 billion, up 7.8 percent year over year but down 2.9 percent from Q1. Net profit attributable to shareholders was CNY 19.09 billion, up 45.5 percent year over year and down 4.9 percent quarter over quarter. The quarterly comparison makes operating momentum more important than the headline half-year increase.

Stock stays below yearly high

The September 24 closing price of CNY 30.01 was CNY 14.93 below the 52-week high of CNY 44.94 and 23.0 percent above the 52-week low of CNY 24.42. The price therefore sits 33.2 percent below the upper end of its yearly range, while the daily loss points to a weaker session despite the latest profit figures.

Zijin's shares trade on the Hong Kong Stock Exchange and the Shanghai Stock Exchange, according to Zijin Mining. For the primary Shanghai listing, the CNY 30.01 closing price and the CNY 797,975,919,079 market capitalization provide the relevant reference for September 24, 2026.