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，並明確表示概不會就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。 Lygend Resources & Technology Co., Ltd. 宁波力勤资源科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2245） 於二零二五年十二月十九日（星期五）舉行的股東特別大會之表決結果 宁波力勤资源科技股份有限公司（「本公司」）已於二零二五年十二月十九日上午十時正 假座中華人民共和國浙江省寧波市鄞州區光華路299弄研發園C10幢10樓舉行股東特別 大會（「股東特別大會」）。股東特別大會乃根據中國公司法及本公司組織章程細則的規定 舉行。 本公司H股過戶登記處香港中央證券登記有限公司及本公司財務總監王凌先生於股東特 別大會上擔任點票的監票人。 本公司全體董事均親自或通過線上電話方式出席股東特別大會。 股東特別大會的表決結果 於二零二五年十二月十九日舉行的本公司股東特別大會上，日期為二零二五年十二月三 日的股東特別大會通告所載的建議決議案均以投票方式表決 ...

Group 1 - The Hang Seng Index rose by 0.65%, gaining 165 points to close at 25,663 points, while the Hang Seng Tech Index increased by 1.14%. The morning trading volume reached 97.5 billion HKD [1] - New listings in the Hong Kong stock market included Zhihui Mining (02546), which surged over 110% upon debut, and Xidi Zhijia (03881), which fell over 8% after its listing [1] - The U.S. Senate passed a revised version of the Biodefense Act as part of the National Defense Authorization Act for fiscal year 2026, leading to a significant rebound in pharmaceutical stocks, with WuXi Biologics (02269) rising over 6% and 3SBio (01530) increasing by 3.7% [1] Group 2 - HAP Pharmaceuticals-B (02142) saw a nearly 7% increase after signing a business development deal worth over 1 billion USD with Bristol-Myers Squibb [2] - China Duty Free Group (601888) (01880) rebounded nearly 7% after winning bids for two major duty-free projects at Shanghai airports, with market attention on the results of the Capital Airport tender [2] - Youjia Innovation (02431) surged over 12% as L3 large-scale deployment approaches, with the company having made forward-looking arrangements for L2+ and L4 [2] - Nine Dragons Paper (02689) rose over 3% as the industry leader announced a series of shutdown plans to support price and inventory levels before the Spring Festival [2] Group 3 - South Manganese (01091) increased by over 9% due to multiple factors driving the continuous rise in electrolytic manganese prices [3] Group 4 - Yangtze Optical Fibre (601869) (06869) rose over 10%, with a cumulative increase of over 30% in the past three days, driven by sustained demand for optical fibers and cables from AI [4] Group 5 - Ganwan (09890) increased by over 5% after issuing zero-coupon convertible bonds at a premium, raising 450 million HKD to enhance its "AI + gaming" strategy [5] Group 6 - Liqin Resources (02245) rose over 9% as Indonesia plans to significantly reduce its nickel ore production targets by 2026 [6] Group 7 - Shenzhou International (02313) fell over 3% as its major client Nike reported a 32% year-on-year decline in net profit for the second fiscal quarter [7]

每经AI快讯，力勤资源(02245.HK)再涨超8%，截至发稿涨8.33%，报18.85港元，成交额5915.67万港 元。 ...

Group 1 - The core viewpoint of the article highlights that Lygend Resources (02245) has seen a significant stock price increase of over 8%, reaching HKD 18.85 with a trading volume of HKD 59.16 million [1] - The Indonesian Nickel Miners Association (APNI) reported a substantial decrease in the nickel ore production target for 2026, set at approximately 250 million tons, down from 379 million tons in 2025 [1] - The APNI Secretary General, Medy Katrin Lengi, explained that the production plan is intentionally set lower than this year to prevent further declines in nickel prices [1] Group 2 - Lygend Resources is recognized as a leading player in the global nickel industry, covering the entire nickel supply chain [1] - The company has evolved from nickel ore trading to a comprehensive industrial operation, encompassing nickel ore trading, smelting production, equipment manufacturing, and sales [1]

Group 1 - The Indonesian government has set a nickel ore production target of approximately 250 million tons for the 2026 work plan and budget, significantly down from the 379 million tons target set for 2025. This reduction aims to prevent further declines in nickel prices [1] - Morgan Stanley's latest report predicts that nickel prices will rebound to $15,500 per ton by 2026, with supply and demand expected to grow in tandem [1] - Lygend Resources Indonesia's total wet process capacity of 120,000 tons has achieved full production, and the first phase of the pyrometallurgical project is in stable production. The second phase, with an annual design capacity of 185,000 tons of nickel iron, is progressing steadily, with all production lines expected to be completed by 2026 [1] Group 2 - Lygend Resources (02245) saw its stock price increase by over 7%, reaching HKD 17.71, with a trading volume of HKD 11.9152 million [2]

在市场对镍中长期供应格局转向乐观的预期下，力勤资源作为产业链核心参与者，其价值正获得市场的 重新审视与积极定价。 值得注意的是，宏观层面也为整个工业金属板块创造了有利环境。美联储于近期宣布降息25个基点，同 时计划在短期内购入巨额短债。市场普遍预期美联储明年将继续降息。宽松的货币环境无疑提振了以美 元计价的大宗商品吸引力，为包括镍在内的工业金属普涨提供了流动性支持和金融属性利好。 作者|飞鱼 摩根士丹利最新研报预计到2026年，镍价将回升至每吨15500美元，届时供需将同步增长。 资料显示，力勤资源主要从事镍行业，业务涵盖上游镍资源整合、红土镍矿及镍产品贸易、冶炼及生产 镍化合物及镍铁等整个镍产业链，公司拥有湿法镍产能达12万吨，未来或直接受益于行业供需格局改 善、镍价回升的周期。 12月18日，力勤资源(02245.HK)跳空大涨，一度涨超10%，截至发稿，公司涨4.98%，报17.3港元/股， 市值269.2亿港元。 近日印尼镍矿商协会(APNI)表示，印尼政府在2026年工作计划和预算(RKAB)中提出的镍矿石产量目标 约为2.5亿吨，这相较于2025年约3.79亿吨的计划产量目标大幅下调超过三分之一。 ...

每经AI快讯，力勤资源(02245.HK)早盘涨超7%，截至发稿涨7.46%，报17.71港元，成交额1191.52万港 元。 ...

Core Viewpoint - The stock of Lygend Resources (02245) rose over 7% in early trading, reflecting positive market sentiment amid changes in Indonesia's nickel production targets [1] Group 1: Company Performance - Lygend Resources' stock increased by 7.46%, reaching HKD 17.71, with a trading volume of HKD 11.91 million [1] - The company has achieved full production capacity in its 120,000 wet process project in Indonesia, and the first phase of its pyrometallurgical project is in stable production [1] Group 2: Industry Insights - The Indonesian government has set a nickel ore production target of approximately 250 million tons for the 2026 work plan and budget, a significant decrease from the 379 million tons target set for 2025 [1] - The Secretary-General of the Indonesian Nickel Miners Association (APNI) stated that the reduction in production plans aims to prevent further declines in nickel prices [1] - Morgan Stanley's latest report predicts that nickel prices will rebound to USD 15,500 per ton by 2026, with supply and demand expected to grow simultaneously [1] - The second phase of Lygend's pyrometallurgical project, with an annual design capacity of 185,000 tons of nickel iron, is progressing steadily, with all production lines expected to be completed by 2026 [1]

Investment Rating - The industry rating is "Recommended" [3] Core Views - Short-term lithium prices are expected to remain volatile, with a positive outlook on antimony, cobalt, tungsten, and tin due to a reassessment of strategic metal values [1][2][7] - Supply concerns in the nickel market are supported by the lack of new approvals from Indonesia's RKAB, which may lead to price stabilization [1][28] - The cobalt market is expected to see continued price increases due to structural supply tightness, with Congo's export regulations impacting availability [2][5][16] - Antimony prices are anticipated to converge towards higher overseas prices due to export controls and tight domestic supply [6][17] - The lithium market is experiencing a strong demand backdrop, with expectations of continued inventory depletion supporting prices [7][17] - The rare earth market is tightening due to Vietnam's export ban, which is expected to support prices [9][18] - Tin prices are supported by ongoing supply concerns from overseas sources, particularly from Myanmar and Congo [11][20] - Tungsten prices are expected to remain supported due to supply constraints and regulatory controls [12][21] - The uranium market is facing supply tightness, which is likely to support prices amid geopolitical uncertainties [14][22] Summary by Sections Nickel and Cobalt Industry Update - Nickel prices are under pressure due to stable demand but cautious purchasing from smelters, with LME nickel closing at $14,420 per ton, down 2.04% [1][28] - Cobalt prices are expected to rise further, with Congo's export regulations causing supply constraints [2][5][16] Antimony Industry Update - Domestic antimony prices are lower compared to international prices, but supply tightness is expected to support future price increases [6][17] Lithium Industry Update - Lithium carbonate prices have increased, with a strong demand outlook from the electric vehicle sector [7][17] Rare Earth Industry Update - Vietnam's recent export ban on rare earths is expected to tighten global supply and support prices [9][18] Tin Industry Update - Tin prices are supported by supply concerns from Myanmar and Congo, with LME tin prices rising to $41,905 per ton [11][20] Tungsten Industry Update - Tungsten prices are expected to remain high due to supply constraints and regulatory measures [12][21] Uranium Industry Update - The uranium market is facing supply tightness, with prices supported by geopolitical factors and production delays [14][22]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 寧波力勤資源科技股份有限公司 呈交日期: 2025年12月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02245 | 說明 | | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | | 法定/註冊股本 | | | 上月底結存 | | | 550,694,291 | RMB | | | 1 RMB | | | 550,694,291 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | | 0 | | 本月底結存 | | | 550,694,291 | RMB | | | 1 RMB | | | 550,69 ...