Group 1 - The core viewpoint of the article highlights a significant surge in silver prices, with COMEX silver futures rising over 11% and spot silver increasing by more than 10%, reaching a historical high and a year-to-date increase of 175%, outpacing gold [1] - China Silver Group (00815) saw its stock price increase by over 7%, trading at 0.76 HKD with a transaction volume of 63.01 million HKD [1] - The rise in silver prices is attributed to a return of its financial properties and a surge in industrial demand, along with a rapid mean reversion of the gold-silver ratio [1] Group 2 - Spot silver reached a high of 84 USD per ounce before experiencing a pullback, currently trading at 78.78 USD per ounce [1] - Short-term risks include the potential for profit-taking by investors, which could impact silver prices [1]

Group 1 - The core viewpoint of the article highlights a bullish trend in the non-ferrous metal market, with significant price increases in precious metals and industrial metals [1] Group 2 - As of the report, several non-ferrous stocks opened higher, with China Nonferrous Mining (01258) up 3.18% at HKD 15.27, Minmetals Resources (01208) up 3.11% at HKD 8.94, China Silver Group (00815) up 2.82% at HKD 0.73, Jiangxi Copper (00358) up 1.68% at HKD 37.62, and Zhaojin Mining (01818) up 1.45% at HKD 33.66 [1] - Precious metals have seen remarkable price increases, with spot gold reaching an all-time high of USD 4500 per ounce, a year-to-date increase of over 70%, and spot silver surpassing USD 70 per ounce [1] - The London Metal Exchange (LME) copper price has also broken through USD 12000 per ton for the first time in history [1] Group 3 - The strong price surge in non-ferrous metals is attributed to the unexpected cooling of the US November CPI, leading to market adjustments regarding the Federal Reserve's interest rate cuts in 2026 [1] - Both precious metals like gold, silver, platinum, and palladium, as well as industrial metals such as tin, copper, and aluminum, are showing strong performance [1] - The ongoing geopolitical tensions, global economic slowdown, and rising resource nationalism are contributing to the sustained demand and price increases in non-ferrous metals [1]

China Silver Group Limited 中國白銀集團有限公司 之 第二份經修訂及重訂 的 組織章程大綱及細則 （經於二零二五年十二月二十三日通過及生效的特別決議案採納） – 3 – 5. 除非已取得正式執照，否則本大綱不允許本公司經營須根據開曼群島法律取 得執照之業務。 6. 本公司不可於開曼群島與任何人士、商號或法團進行交易，除促進本公司於開 曼群島以外地區經營之業務者外；但本條款不應被詮釋為禁止本公司於開曼 群島促成及訂立合約以及在開曼群島行使一切對其於開曼群島以外的地區經 營業務所必要的權力。 7. 各股東之責任以該股東所持股份不時未繳付之款額為限。 8. 本公司之股本為50,000,000港元，分為5,000,000,000股每股面值為0.01港元的股 份，而本公司在法律允許之情況下有權贖回或購買其任何股份、增加或削減上 述股本（須受公司法（經修訂）及本公司組織章程細則的條文所規限）且有權發 行其任何部分的原本、贖回或增加股本（無論是否具有任何優先權、特權或特 別權利，或是否受限於任何權利的延後或任何條件或限制），因此，除發行條件 另行明文宣佈外，每次發行之股份（無論是否宣佈為優先股或其 ...

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 全部或任何部份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。 除非另有界定，否則本公告所用詞彙與通函所界定者具有相同涵義。 1 CHINA SILVER GROUP LIMITED 中國白銀集團有限公 司 （於開曼群島註冊成立的有限公司） （股份代號：815） 於2025年12月23日舉行的 股東特別大會的投票結果 茲提述(i)珠峰黃金集團有限公司（「珠峰黃金」）與中國白銀集團有限公司（「本 公司」）於二零二五年十一月十九日刊發的聯合公告；(ii)本公司於二零二五年 十二月五日刊發的通函（「通函」）；及(iii)於二零二五年十二月五日刊發的股東 特別大會（「股東特別大會」）通告（「通告」）。 附註： 4 (a) 由於超過50%票數投票贊成上述第1及第2項決議案，故上述第1及第2項決議案已獲正 式通過為本公司之普通決議案。 (b) 由於超過75%票數投票贊成上述第3項決議案，故上述第3項決議案已獲正式通過為本 公司之特別決議案。 (c) 於股東特別大會當日，已發行 ...

Group 1 - The core viewpoint of the news is that silver prices have surged, breaking the $68 per ounce mark, reaching a historical high, with a cumulative increase of nearly 130% since late August [1] - Guotai Junan Futures believes that silver is becoming a high-quality asset for allocation, predicting an even more impressive market in 2026 [1] - The long-term allocation direction and logic for precious metals remain unchanged, supported by a loose monetary background [1] Group 2 - The current situation of silver's spot market has become a norm, with high elasticity in performance when risk sentiment improves marginally [1] - The logic of improving macro liquidity overseas is currently more favorable than economic demand, suggesting that commodity allocation should focus on assets less tied to economic fundamentals, with silver being a prime example [1] - China Silver Group (00815) has seen its stock price increase by over 5%, currently trading at 0.73 HKD with a trading volume of 772.27 million HKD [2]

Group 1 - The core viewpoint of the article highlights the significant rise in gold stocks, with Lingbao Gold (03330) increasing by 6.71% to HKD 18.92, China Gold International (02099) up by 6.2% to HKD 161, China Silver Group (00815) rising by 5.8% to HKD 0.73, and Zhaojin Mining (01818) gaining 4.93% to HKD 31.94 [2] - On December 22, spot gold prices surged over 1%, breaking the USD 4,382 per ounce mark, setting a new historical high [2] - Goldman Sachs believes that emerging market central banks will continue to buy gold to diversify reserve risks amid geopolitical tensions and the "AI and national power competition" macro backdrop, which, along with the cyclical support from the Federal Reserve's interest rate cuts, drives gold prices upward [2] Group 2 - CITIC Construction Investment released a report indicating that the VIX for silver is at a historical high, warning of potential pullback risks after overbought conditions [2] - GF Futures noted in their latest precious metals weekly report that the recent significant rise in silver has caused the gold-silver ratio to drop to a new four-year low [2]

Group 1 - Non-ferrous metal stocks have shown strong performance, with notable increases in share prices for companies such as Chalco International (+11.39%), Jaxin International Resources (+13.17%), and China Gold International (+7.26%) [1] - On December 22, precious metals experienced significant price increases, with spot gold reaching a new high of $4,400 per ounce and spot silver surpassing $68 per ounce [1] - Industrial metals also saw record price surges, with LME copper prices nearing $12,000 per ton, indicating a bullish trend in the basic metals market [1] Group 2 - Citic Securities highlighted that the U.S. is siphoning off non-U.S. regional inventories, leading to supply tightness for silver and copper, which are continuously hitting historical price records [2] - Tin, facing ongoing supply threats, has also reached new highs this year, while aluminum prices are attempting to explore higher price levels [2] - Dongfang Securities anticipates that as commodity prices continue to reach new highs, market expectations for mid-term price increases in gold, copper, aluminum, and iron will strengthen, suggesting investment opportunities in these sectors [2]

Group 1 - Gold stocks are experiencing significant gains, with Lingbao Gold rising by 6.71% to HKD 18.92, China Gold International up by 6.2% to HKD 161, China Silver Group increasing by 5.8% to HKD 0.73, and Zhaojin Mining up by 4.93% to HKD 31.94 [1] - On December 22, spot gold prices surged over 1%, surpassing USD 4,382 per ounce, setting a new historical high [1] - Goldman Sachs believes that emerging market central banks will continue to buy gold to diversify reserve risks amid geopolitical tensions and the "AI and national power competition," which, along with cyclical support from the Federal Reserve's interest rate cuts, drives gold prices upward [1] Group 2 - CITIC Construction released a report indicating that the VIX for silver is at a historical high, warning of potential correction risks after overbought conditions [1] - GF Futures noted in their latest precious metals weekly report that the recent significant rise in silver has caused the gold-silver ratio to drop to a new four-year low [1]

每经AI快讯，港股黄金股涨幅居前。截至发稿，灵宝黄金(03330.HK)涨6.71%，报18.92港元；中国黄金 国际(02099.HK)涨6.2%，报161港元；中国白银集团（00815)涨5.8%，报0.73港元；招金矿业(01818.HK) 涨4.93%，报31.94港元。 （文章来源：每日经济新闻） ...

Group 1 - Gold stocks are experiencing significant gains, with Lingbao Gold rising by 6.71% to HKD 18.92, China Gold International up by 6.2% to HKD 161, China Silver Group increasing by 5.8% to HKD 0.73, and Zhaojin Mining up by 4.93% to HKD 31.94 [1] - On December 22, spot gold prices surged over 1%, surpassing USD 4,382 per ounce, setting a new historical high [1] - Goldman Sachs believes that emerging market central banks will continue to buy gold to diversify reserve risks amid geopolitical tensions and the "AI and national power competition," creating a structural demand for gold [1] Group 2 - CITIC Construction released a report indicating that the VIX for silver is at a historical high, warning of potential correction risks after overbought conditions [1] - GF Futures noted in their latest precious metals weekly report that the recent significant rise in silver has caused the gold-silver ratio to drop to a new four-year low [1]