Jiangxi Copper stock secures a three-year supply agreement

Published on 10/08/2026 at 03:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jiangxi Copper stock is tied to a three-year materials and services agreement starting January 1, 2027. First-half revenue reached RMB 307.155 billion, up 19.53 percent.

Jiangxi Copper, CNE1000003K3, Illustration mit AI erstellt.

Jiangxi Copper stock (ISIN CNE1000003K3) represented a market capitalization of HKD 115.4 billion on October 8, 2026, as the company moved toward a three-year supply and services arrangement starting January 1, 2027. The HKEX-listed H shares were trading at HKD 33.40 at 9:37 a.m. HKT, up HKD 0.02 from the prior close.

Three years of group supply

According to Simply Wall St on October 7, 2026, Jiangxi Copper locked in a three-year agreement to supply materials and services to JCC Group from January 2027. The arrangement adds visibility to partner demand, but the company remains exposed to commodity prices and capital requirements across mining and smelting.

A separate September 30 announcement described related agreements running through December 31, 2029, with annual purchasing caps of RMB 17.17399 billion, RMB 17.37849 billion and RMB 17.50851 billion for 2027 through 2029, respectively, according to Futubull.

First-half profit more than doubled

For the six months ended June 30, 2026, operating revenue reached RMB 307.155 billion, up 19.53 percent year over year, while net profit attributable to listed-company shareholders rose 106.77 percent to RMB 8.632 billion, according to Futubull in its September 22, 2026 interim-report summary.

The same report recorded operating cash flow of RMB 5.814 billion, up 102.49 percent, and cathode copper output of 1.2604 million tonnes, up 5.44 percent. It also reported RMB 55.8 million in acquisition transaction costs and a RMB 112 million net loss contribution from SolGold after the acquisition date, keeping the profit comparison tied to a more complex operating picture.

October 28 results checkpoint

Jiangxi Copper's board is scheduled to meet on October 28, 2026, to consider the announcement of results for the nine months ended September 30, 2026, according to Futubull. The date gives investors a defined checkpoint for testing whether the first-half earnings acceleration continued into the third quarter.

Jiangxi Copper stock stays below yearly high

Jiangxi Copper stock was trading at HKD 33.40 on HKEX on October 8, 2026 at 9:37 a.m. HKT. Its 52-week range was HKD 28.70 to HKD 53.75, while volume stood at 1,954,892 shares.