Group 1 - Jiangxi Copper Company (00358) saw its stock price rise over 9% in early trading, reaching a new high of 44.62 HKD, and is currently trading at 43.78 HKD with a transaction volume of 553 million HKD [1] - Jiangxi Copper announced that its wholly-owned subsidiary, Jiangxi Copper Hong Kong Investment, will acquire all issued and to-be-issued ordinary shares of SolGold plc for a maximum total consideration of up to 764 million GBP, pending shareholder approval and other conditions [1] Group 2 - The National Development and Reform Commission emphasized the need to strengthen the management and optimization of the alumina and copper smelting industries, encouraging mergers and reorganizations among major enterprises in these sectors [2] - Morgan Stanley noted that lower annual copper concentrate processing and refining fees, along with long-term contract concentrate volumes, may lead to a reduction in refined copper production by 2026, which, combined with stable demand, is expected to support copper prices at high levels, benefiting companies like Jiangxi Copper [2]

Group 1 - The non-ferrous metal sector experienced a strong rebound on December 31, with Jiangxi Copper hitting the daily limit up [1] - Zijin Mining rose over 5%, indicating positive market sentiment towards the company [1] - Other companies such as Yunnan Copper, Hunan Silver, and Silver Holdings also saw gains, reflecting a broader trend in the sector [1]

智通财经APP获悉，江西铜业股份(00358)早盘涨超9%，高见44.62港元，再创上市新高。截至发稿，涨 7.57%，报43.78港元，成交额5.53亿港元。 值得注意的是，国家发改委12月26日发表以《大力推动传统产业优化提升》为题的文章，提及强化氧化 铝与铜冶炼产业的管理及优化布局，并鼓励氧化铝及铜冶炼大型骨干企业实施兼并重组。大摩认为，更 低的年度铜精矿加工费/提炼费价格和长期合同精矿量可能意味着2026年精炼铜产量削减。这些因素结 合需求仍较为稳固，应支撑铜价在高位波动，有利于紫金矿业、洛阳钼业、五矿资源以及江西铜业。 消息面上，江西铜业股份宣布，其全资附属江铜香港投资将以全现金收购索尔黄金（SolGold plc）全部 已发行及将要发行之普通股股本，基于公告日期已发行之索尔黄金股份总数及已授出之购股权（惟江铜 香港投资已持有的索尔黄金股份除外）计算，江铜香港投资根据收购事项将可能支付之最高总对价将不 超过7.64亿英镑。收购事项的完成仍须待索尔黄金股东批准，并须满足或豁免其他条件。 ...

Group 1 - Jiangxi Copper (600362) shares rose over 9% in early trading, reaching a new high of 44.62 HKD, and currently trading at 43.78 HKD with a transaction volume of 553 million HKD [1] - Jiangxi Copper's wholly-owned subsidiary, Jiangxi Copper Hong Kong Investment, announced a cash acquisition of all issued and to-be-issued ordinary shares of SolGold plc, with a maximum total consideration of up to 764 million GBP [1] - The completion of the acquisition is subject to approval from SolGold shareholders and must meet or be exempt from other conditions [1] Group 2 - The National Development and Reform Commission published an article emphasizing the optimization and management of the alumina and copper smelting industries, encouraging mergers and reorganizations among major enterprises in these sectors [1] - Morgan Stanley noted that lower annual copper concentrate processing and refining fees, along with long-term contract concentrate volumes, may lead to a reduction in refined copper output by 2026 [1] - These factors, combined with stable demand, are expected to support copper prices at high levels, benefiting companies such as Zijin Mining (601899), Luoyang Molybdenum (603993), Minmetals Resources, and Jiangxi Copper [1]

Core Viewpoint - Jiangxi Copper Co., Ltd. held its 14th meeting of the 10th Board of Directors on December 30, 2025, where several key resolutions were passed, including the appointment of a new vice president and the approval of financial service agreements with related parties [1][10][34]. Group 1: Board Resolutions - The Board approved the appointment of Mr. Wu Jun as the vice president of the company [1][10]. - The Board approved the revision of the "General Manager Work Rules" to align with relevant laws and the company's actual situation [3]. - The Board approved a financial service agreement between Jiangxi Copper Group Finance Co., Ltd. and its controlling shareholder, Jiangxi Copper Group Co., Ltd., which includes provisions for deposits and loans [4][12]. Group 2: Financial Service Agreement - The new financial service agreement is effective from December 30, 2025, to December 29, 2028, allowing Jiangxi Copper Group to conduct deposit and loan transactions with a daily loan balance not exceeding RMB 380 million [14][17]. - The agreement stipulates that the daily loan balance must not exceed the daily deposit balance, ensuring a "net deposit" arrangement [14][17]. - The agreement was approved by the Board with non-related directors voting in favor, and related directors abstaining from the vote [18][29]. Group 3: Financing Lease Agreement - The Board approved a financing lease cooperation framework agreement with Shenzhen Jiang Copper Leasing Co., Ltd., effective from January 1, 2026, to December 31, 2028, with a total annual rental payment not exceeding RMB 190 million [34][35]. - This agreement aims to enhance asset allocation and resource sharing, thereby improving the company's overall efficiency [34][48]. - The past 12 months have seen a total of RMB 35.78 million in financing lease transactions with Shenzhen Leasing [34][47].

Group 1 - The core point of the article is the appointment of Mr. Wu Jun as the Deputy General Manager of Jiangxi Copper Company, effective from December 30, 2025 [1] Group 2 - The decision was made during the 14th meeting of the 10th Board of Directors of Jiangxi Copper Company [1] - The meeting took place on December 30, 2025 [1]

江西铜业（600362）股份(00358)发布公告，公司董事会会议审议通过了《江西铜业股份有限公司关于 聘任吴军先生为公司副总经理的议案》，同意聘任吴军先生为公司副总经理，自2025年12月30日起生 效。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.l0B條 而 作 出。 茲 載 列 江 西 銅 業 股 份 有 限 公 司（「本公司」）在 中 華 人 民 共 和 國（「中 國」）上 海證券交易所網站(www.sse.com.cn)刊 登 之《江 西 銅 業 股 份 有 限 公 司 總 經 理 工 作 細 則》，僅 供 參 閱。 特 此 公 告。 江西銅業股份有限公司 董事會 中 國 江 西 省 南 昌 市，二 零 二 五 年 十 二 月 三 十 日 於本公告日期，本公司執行董事為鄭高清先生、周少兵先生、高建民先生、 梁 青 先 生 及 喻 旻 昕 先 生；及 本 公 司 獨 立 非 執 行 董 事 為 王 豐 先 生、賴 丹 女 士、劉 淑 英 女 士 及 劉 志 宏 先 生。 江西铜业股份有限公司 总经理工作细则 ...

Core Viewpoint - Jiangxi Copper Co., Ltd. has appointed Mr. Wu Jun as the Vice General Manager, effective from December 30, 2025 [1] Group 1 - The board of directors of Jiangxi Copper Co., Ltd. approved the proposal to appoint Mr. Wu Jun [1]

Group 1 - The core point of the article is the appointment of Mr. Wu Jun as the Vice General Manager of Jiangxi Copper Company, effective from December 30, 2025 [1] Group 2 - The decision was made during the 14th meeting of the 10th Board of Directors [1] - The meeting took place on December 30, 2025 [1]