Chairman Luo Tao Presents work report

The Meeting
On January 29 and 30, CNMC, the Holding Company of the CNMCL held the 2015 Work Meeting in Beijing.
On the meeting, Luo Tao, Chairman of the Board, and the General Manager of CNMC, presented a report showing that by the end of 2014, CNMC had achieved significant growth despite the bleak situation.  Compared with the past year, the total assets have increased by 6.61%; the annual total operating revenue has increased by 6.4%, and the gross profit has increased by 5.53%, which enable CNMC to rank 398^th successfully among "Top World 500". CNMC has managed to accomplish and exceed the comprehensive assessment index issued by SASAC, and won a 'sustainable growth' battle. Compared with the early stage of "Eleventh Five-Year-Plan", the total assets, operating income, and non-ferrous metal product output of CNMC in 2014 have grew by 17 times, 41 times and 33 times, which create a new situation of reform and development, highlight the huge development potential and a strong development initiatives. The report proposed the general requirements that CNMC shall accomplish all the work in 2015 under the "new normal".
Vice Chairman, President Tao Xinghu, Director of the Board, Vice President Wang Chunlai, Luo Xingeng, Yang Xinguo, Xie Kaishou, Chief Financial Officer Han Hong, Joint Company Secretary Hu Aibin attended the assembly.