Group 1: Market Trends - International gold and silver prices experienced a significant drop, with gold futures falling below $4500 per ounce and silver futures dropping to $72.35 per ounce on February 2 [2] - In January, gold and silver prices surged, reaching historical highs of $5626.80 per ounce and $120.57 per ounce respectively, with monthly increases of approximately 29.89% and 72% [2] - Following the peak, gold and silver prices faced volatility, with gold prices declining by about 20% and silver by 40% over three days, erasing January's gains [2] Group 2: Stock Market Impact - The decline in gold and silver prices negatively impacted the stock market, with the Shanghai Composite Index closing down 2.48% on February 2 [4] - Precious metal stocks were heavily affected, with companies like Xiaocheng Technology (down 18.96%) and others experiencing significant losses, including 29 stocks hitting the daily limit down [4] - In the Hong Kong market, the Hang Seng Index fell by 2.23%, with notable declines in gold-related stocks [4] Group 3: Commodity Valuation Concerns - Citigroup's research indicated that gold valuations have reached extreme levels, with global gold expenditure as a percentage of GDP rising to 0.7%, the highest in 55 years [3] - A potential return to historical gold allocation ratios could lead to a significant price drop, with estimates suggesting a "halving" risk for gold prices [3] - The price of gold jewelry also saw a decline, with prices dropping to 1339 yuan per gram, a decrease of over 100 yuan from the previous day [3] Group 4: Regulatory Adjustments - The Shanghai Gold Exchange announced adjustments to the margin levels and price limits for silver contracts due to high volatility, increasing the margin from 20% to 26% [5] - The adjustments aim to mitigate market risks amid significant price fluctuations in silver [5] Group 5: Future Outlook - Some institutions believe the recent price corrections in gold and silver are temporary, with predictions of strong demand from central banks and expected net inflows into gold ETFs [5] - UBS forecasts a net purchase of 950 tons of gold by global central banks in 2026, indicating a strong appetite for gold reserves [5] - Analysts suggest that the recent price declines can be viewed as a market cooling phase rather than panic selling, which may help to stabilize the market for future growth [5]

2月2日晚，沪市首份年报出炉：芯导科技2025年净利润同比下降4.91%，拟每10股派4.3元。 芯导科技(688230)2025年年度报告显示，公司实现营业收入39,360.75万元，较上年同期增长11.52%；实现利润总额1.14亿元，较上年同期减少4.98%；归 母净利润1.06亿元，较上年同期减少4.91%；扣非净利润6888.64万元，较上年同期增长17.54%。 基本每股收益0.9元。公司拟向全体股东每10股派发现金红利4.3元（含税）。 | | | | | 单位:元 币种:人民币 | | --- | --- | --- | --- | --- | | 主要会计数据 | 2025年 | 2024年 | 本期比上年 同期增减 | 2023年 | | | | | (%) | | | 营业收入 | 393,607,502.95 | 352,941,674.80 | 11.52 | 320,426,744.62 | | 利润总额 | 114,482,387.41 | 120,476,897.93 | -4.98 | 103,368,784.87 | | 归属于上市公司股东的净 利润 | 106.152.9 ...

Group 1 - The company announced the resignation of Li Weifeng from his positions as Chairman, Director, and various committee roles due to work adjustments, with a compensation package not exceeding 1.2 million yuan [1] - The independent director Liu Huaping also resigned from his positions due to work changes, effective immediately [1] - The board of directors appointed Zhou Xinna as the acting Chairman and legal representative until a new Chairman is elected [2] Group 2 - The company projected a net profit of 32 million to 47.5 million yuan for the fiscal year 2025, representing a year-on-year growth of 69.32% to 151.34% [5] - The expected non-recurring gains are estimated to impact net profit by 22.5 million to 33.5 million yuan, primarily due to changes in the fair value of financial assets [5] - The stock price of the company closed at 34.91 yuan per share on February 2, with a total market capitalization of 4.097 billion yuan [6]

锦龙股份表示，王天广的辞职不会导致公司董事会成员低于法定最低人数，其辞职报告自送达公司董事会之日起生效。公司将按照相关规定尽快完成补选 工作。 公开资料显示，广东锦龙发展股份有限公司的主营业务为证券公司业务。公司主要依托中山证券和东莞证券开展证券业务，中山证券和东莞证券的业务范 围涵盖了经纪、投资咨询、财务顾问等。 2025年度，锦龙股份预计经营业绩扭亏为盈，实现归母净利润为1.97亿元至2.86亿元，较2024年重组后2.74亿元的亏损大幅改善；营业总收入预计为8.2亿 元至9.5亿元，2024年重组后为4.78亿元。 2月2日晚间，锦龙股份（000712）发布公告称，公司近日收到公司副董事长王天广的书面辞职报告。王天广因个人原因申请辞去公司第十届董事会董事、 副董事长职务，辞职后将不再担任公司及公司控股子公司任何职务。 公告显示，王天广原定的任职期间至公司第十届董事会任期届满之日止。截至本公告日，王天广未持有公司股份，不存在未履行完毕的公开承诺。 据2024年年报，王天广报告期内从公司获得的税前报酬总额为207.9万元，于2020年6月29日起任公司副董事长，曾任长城证券（002939）股份有限公司副 总 ...

Core Viewpoint - A nearly decade-long overseas investment cooperation between Shenghe Resources and ETM is approaching a breakdown, as ETM unilaterally announced the termination of their strategic partnership established in 2016 [1][2]. Investment Details - In September 2016, Shenghe Resources and its subsidiary, Leshan Shenghe Rare Earth Co., signed a share subscription agreement with Greenland Minerals and Energy Ltd, agreeing to subscribe for 125 million ordinary shares at AUD 0.037 per share, totaling AUD 4.625 million (approximately CNY 23.59 million) [1]. - Following the completion of the share issuance, Leshan Shenghe held 12.5% of Greenland's total issued shares and obtained a non-executive director seat [1]. Developments and Changes - The investment received approvals from the Australian Foreign Investment Review Board in November 2016 and from Greenland's special shareholders meeting in December 2016, with the transaction completed on December 13, 2016 [2]. - Since the investment, Greenland has undergone multiple rounds of share issuance and has changed its name to Energy Transition Minerals Ltd (ETM) [2]. - As of January 2024, Shenghe exercised its anti-dilution rights to subscribe for an additional 4.367 million shares, holding a total of 129 million shares in ETM, representing approximately 6.5% ownership [2]. Current Situation - ETM recently announced the unilateral termination of the strategic partnership and claimed that Shenghe's "top-up rights" have expired, planning to formally confirm this with the Australian Stock Exchange [2]. - Shenghe does not agree with ETM's position and intends to maintain communication and potentially pursue legal action to protect its rights [2]. Financial Impact - Shenghe has assessed that the situation is not expected to have a significant impact on its operations, with a cumulative investment of CNY 24.34 million in ETM, which is classified as other equity investments [3]. - The fair value of the investment has appreciated, contributing approximately CNY 17.22 million to other comprehensive income as of September 30, 2025 [3]. - ETM's Kvanefjeld rare earth project has not yet obtained mining rights, and the company has not engaged in substantial production activities, which mitigates potential negative impacts on Shenghe's business [3]. Performance Outlook - Shenghe Resources projects a net profit attributable to shareholders for 2025 between CNY 790 million and CNY 910 million, representing a year-on-year growth of 281.28% to 339.20% [3]. - The expected net profit excluding non-recurring items is projected to be between CNY 765 million and CNY 885 million, indicating a year-on-year increase of 285.86% to 346.38% [3]. Market Reaction - On February 2, 2024, Shenghe's stock price fell by 9.91%, closing at CNY 24.35 per share, with a total market capitalization of CNY 42.681 billion [4].

对此，仙乐健康解释称，报告期业绩下滑系非主业一次性因素拖累，核心主业经营保持稳健——此次净 利下滑的核心原因是个人护理业务板块处置带来的1.95亿元资产减值损失，该业务受客户需求下滑、成 本高企等因素影响持续亏损，且与公司营养健康食品主业协同效应有限，公司因此决定剥离该板块。此 外，2025年公司启动战略咨询项目、布局精准营养与宠物营养等新兴赛道产生的前期投入，以及对湖北 怡本荟的投资减值，进一步压缩了利润空间。 值得注意的是，仙乐健康2025年前三季度投资活动现金流净额为-2.94亿元，主要用于购建长期资产 （含泰国生产基地）及减少理财产品赎回；筹资活动现金流净额为-2.14亿元，系偿还借款优化负债结 构所致。 保健品代工龙头企业仙乐健康（300791）日前递表港交所，拟冲刺"A+H"。同步发布的业绩预告显示， 公司预计去年净利润同比"腰斩"。 仙乐健康在1月29日向港交所主板递交上市申请书，中信证券为其独家保荐人。根据招股书，灼识咨询 提供的资料显示，按2024年的收入计算，仙乐健康在全球营养健康食品解决方案市场占据第三大市场份 额、在中国内地营养健康食品解决方案市场排名第一；公司位列全球第二大的软糖及软 ...

可靠股份（301009）持续已久的"内斗"仍未平息！2月2日盘后，A股纸尿裤厂商可靠股份公告显示，在1月30日召开的公司第五届董事会第十六次(临时)会 议上，针对公司两个拟关联交易议案，公司现任董事长兼总经理金利伟的前妻、董事鲍佳女士再次接连投出反对票，而上市公司也做出了回应，双方上演 了"攻防战"。 反对1：与侨治公司拟发生关联交易议案 公告显示，可靠股份董事会审议通过《关于公司2026年度与侨治公司拟发生关联交易的议案》，同意公司控股子公司杭州可芯美登材料科技有限公司基于 日常经营和业务发展需要，承租公司关联方杭州侨治投资有限公司房屋所形成的2026年度日常关联交易金额预计不超过168万元。 董事鲍佳女士对该项议案投反对票，其反对理由为：侨治公司是实控人董事长金利伟个人名下公司，金利伟存在公开承诺"本人将尽量避免与发行人之间 产生关联交易事项，对于不可避免的关联业务往来或交易，将按照公平、公允和等价有偿的原则进行，交易价格将按照市场公认的合理价格确定"。 鲍佳表示，该关联租赁不属于承诺所述不可避免的关联交易；议案问询过程中，公司拒不提供详细的公允性比价过程及员工宿舍租赁明细；公司注册地厂 房办公楼存在多年 ...

据港交所1月30日披露，上海鑫谊麟禾科技股份有限公司(以下简称"鑫谊麟禾科技")向港交所主板递交 上市申请，华泰国际为其独家保荐人。这家成立于2013年的工业用品供应链企业，凭借"数字平台+自 主制造"的双轮模式迅速扩张，但公司在营收高速增长的同时，正面临持续亏损、流动性紧张及债务高 企等多重挑战。 据招股书，鑫谊麟禾科技成立于2013年，是中国一家结合数字交易平台与MRO产品自主制造能力的综 合工业集团。凭借端到端的专有数字基础设施及全国性的仓储、配送、维护及维修网络，该公司连接上 游供应商及下游客户，以提升MRO供应链中的交易及整体流通效率。 根据灼识咨询数据，按商品交易总额计，公司是中国前五大线上MRO采购服务提供商及第二大线上次 终端MRO采购服务提供商。 股权结构方面，公司董事会主席及总经理高瑒先生及其控制的多个实体构成单一最大股东集团，合计控 制约30%的投票权。这种集中股权结构可能导致公司决策过度依赖单一股东意志，影响其他股东利益。 更令人担忧的是公司的流动性状况。截至2025年9月30日，公司流动资产净值已从2023年末的15.84亿元 转为负值，达到-34.65亿元；流动比率从2023年的5 ...

继2024年交出"上市20年来首亏"成绩单后，双鹭药业（002038）去年业绩预计延续亏损并呈现亏损扩大的态势。 据2025年三季报，双鹭药业前三季度归母净利润1.41亿元，同比增幅达943.10%，主要系报告期内公司持有的首药控股、星昊医药等交易性金融资产公允 价值变动收益同比增加所致。具体而言，2024年1月~9月公司确认公允价值变动损失1.22亿元，而2025年同期则实现公允价值变动收益 1.28亿元，同比增 长达204.93%。但这种收益本质上是非经常性的，无法形成稳定盈利能力。 | | | | | | 早化: 月元 | | --- | --- | --- | --- | --- | --- | | 项目 | 本报告期 | | | | 上年同期 | | 归属于上市公司股 东的净利润 | | -29,000 | 2 | -20,000 | -7. 406. 57 | | | 比上年同期下降 | 291. 54% | N | 170. 03% | | | 扣除非经常性损益 后的净利润 | | -7.000 | ~ | -4. 000 | 8. 233. 70 | | | 比上年同期下降 | 185. 02 ...

↓↓↓ 日前，国家金融监督管理总局赣州监管分局披露的行政处罚信息公开表显示，江西会昌农村商业银行股份有限公司被罚95万元。 公开表显示，因违规发放贷款、贷款资金被挪用、贷款资金流入限制性领域，国家金融监督管理总局赣州监管分局对江西会昌农村商业银行股份有限公司 罚款95万元，对郭守炝、何丹给予警告并处罚款共计12万元，对刘仁杰、池松青、文炳相给予警告。 | 序 | 当事人名 | 主要违法违规行为 | 行政处罚内容 | 作出决定机关 | | --- | --- | --- | --- | --- | | 특 | 称 | | | | | 1 | 江西会昌 农村商业 银行股份 | 违规发放贷款、贷款 | 对江西会昌农村商业 银行股份有限公司罚 款95万元，对郭守 | 国家金融监督 | | | | 资金被挪用、贷款资 | 炮、何丹给予警告并 | 管理总局赣州 | | | 有限公司 | | | | | | | 金流入限制性领域 | 处罚款共计12万元,对 | 监管分局 | | | 及相关责 | | | | | | 任人 | | 刘仁杰、池松青、文 | | | | | | 炳相给予警告。 | | 公开资料显示，江西会昌农村 ...