Group 1 - The core point of the announcement is that the company plans to enter into a financial service agreement with Zijin Mining Group Finance Co., Ltd. to enhance cash management and financing efficiency [1][2] - The agreement will allow the company to conduct deposit and loan transactions, with a maximum daily deposit balance of RMB 2 billion and a maximum daily loan balance of RMB 1 billion [1][4] - The transaction is classified as a related party transaction as Zijin Finance is a subsidiary of Zijin Mining Group, which is a controlling shareholder of the company [1][3] Group 2 - The financial service agreement is subject to approval by the shareholders' meeting, and related parties will abstain from voting [2][7] - Zijin Finance has a solid business development and good operating conditions, with total assets of RMB 2,062,740.71 million as of March 31, 2025, and net profit of RMB 4,500.16 million for the first quarter of 2025 [3][4] - The company has assessed the risk management of Zijin Finance and found no significant deficiencies, ensuring that the financial services provided will not adversely affect the company's financial status or operational results [5][6] Group 3 - The financial services provided by Zijin Finance include deposit services at rates set by the People's Bank of China, and loan services with rates determined by relevant regulations [4][5] - The agreement will be effective for three years upon approval by the shareholders' meeting [5][6] - Independent directors have expressed their agreement with the transaction, stating that it aligns with the company's operational needs and does not harm the interests of shareholders, particularly minority shareholders [7]

Core Viewpoint - The company has established a risk disposal plan in collaboration with Zijin Mining Group Finance Co., Ltd. to effectively prevent, control, and resolve financial business risks, ensuring the safety of funds [1][2]. Group 1: Risk Management Structure - A risk prevention and disposal leadership group has been formed, led by the company's chairman, with the financial director as the deputy leader, including heads from various departments [1]. - The leadership group is responsible for organizing risk prevention and disposal efforts, with a working group established within the financial planning department to oversee daily management and supervision of the financial company [1][2]. Group 2: Risk Reporting and Emergency Procedures - The company has implemented a financial business risk reporting system to regularly or temporarily report to the board of directors, including risk assessment reports on the financial company's operational qualifications and risk status [4]. - The risk disposal mechanism is to be activated under specific circumstances, such as financial runs, significant social impact events, or operational disruptions due to disasters or security incidents [6]. Group 3: Risk Mitigation Measures - Upon the occurrence of financial risks, the working group must report to the leadership group, which will analyze the situation and escalate it to the board of directors [5]. - The leadership group is tasked with ensuring that the financial company takes proactive measures to mitigate risks, including potentially halting new loans and recovering funds as necessary [6]. Group 4: Post-Incident Management - After a financial risk incident is resolved, the leadership group will enhance supervision of the financial company, requiring it to strengthen its financial capacity and reassess its risk exposure [10]. - A thorough analysis of the causes and consequences of the financial risk incident will be conducted to improve future risk prevention and management strategies [11].

Core Viewpoint - The company has conducted a thorough risk assessment of Zijin Mining Group Finance Co., Ltd., confirming its compliance with regulations and sound financial performance [2][6][7] Group 1: Basic Information of the Financial Company - The financial company is named Zijin Mining Group Finance Co., Ltd., with a registered capital of 1,003.146 million yuan [2] - The ownership structure includes Zijin Mining Group Co., Ltd. holding 96% and Industrial International Trust Co., Ltd. holding 4% [2] Group 2: Risk Management and Internal Control - The financial company has established a robust organizational structure for risk management, including a board of directors and various committees for oversight [3][4] - A comprehensive risk management and assessment system is in place, with specific procedures for identifying, measuring, and managing risks [3][4] Group 3: Operational and Regulatory Indicators - As of December 31, 2024, the financial company reported total assets of 1.776 billion yuan, with operating income of 314 million yuan and net profit of 180 million yuan [5][6] - All regulatory indicators, including a capital adequacy ratio of 15.51% and a liquidity ratio of 42.37%, meet the required standards [6] Group 4: Business Engagement with the Financial Company - As of June 20, 2025, the company has not engaged in any business transactions with the financial company [6] Group 5: Risk Assessment Opinion - The company concludes that the financial company operates within legal frameworks, has a complete risk management system, and maintains good creditworthiness [6][7]

The Second A Shareholder's and H Shareholder's Class Meeting in 2025 会 议 材 料 紫金矿业集团股份有限公司 紫金矿业集团股份有限公司 ? 会议时间：2025 年 6 月 26 日（星期四）上午 9 点。 ? 网络投票时间：2025 年 6 月 26 日，通过交易系统投票平台：9:15－9:25，9:30 －11:30，13:00－15:00；通过互联网投票平台：9:15－15:00。 ? 会议地点：福建省厦门市思明区环岛东路 1811 号中航紫金广场 B 塔 41 层。 ? 会议主持：陈景河。 ? 参会人员：股东及股东代表、董事、监事、高管、中介机构等。 议 程 主持人宣布大会开幕； 董事会秘书宣布参加本次股东会现场会议的股东人数、代表股份总额； 主持人根据公司章程提议表决票清点人； 本次会议逐项审议下列议案： 定的议案 联交所上市的预案》的议案 人合法权益的议案 股东提供保证配额的议案 （议案1-11为特别决议案，其他为普通决议案。） 现场会议议案表决； 统计并宣布现场投票表决结果； 与会代表休息（等待网络投票结果）； 统计并宣布最终表 ...

证 券 研 究 报 告 行业专题报告 全球十五大铜矿企业一季报汇总 海外铜矿企业有两家产量下滑多，增长主要 依靠中资企业 投 资 要 点 本文总结了智利和智利两个大型产铜国2025年1-4月的月度铜矿项目产量情况，以及12家海外大型铜矿企业和3家中资企业2025年一季度铜矿产量。 秘鲁产量恢复增长，智利产量保持增长势头： 智利1-4月铜矿产量175.2万金属吨，同比+3.57%（+6.03万吨），仍然保持了2024年的增长势头。而秘鲁在经历了2024年产量罕见下滑之后，2025年前4个月产量恢 复增长，1-4月秘鲁铜矿产量89.2万金属吨，同比+5.59%，+4.72万吨。智利的铜矿增长主要来自Escondida项目，主要是更高的采矿强度和原矿入选品位。秘鲁的铜 矿产量增长主要来源于Las Bambas和Toromocho两个大型铜矿的产量增长。同时，智利的Collahuasi铜矿因为入选品位下降，以及秘鲁的Antapaccay铜矿因为原矿剥 采比提升等因素产量出现了不同程度的下滑。 十二家海外铜矿企业产量同比下滑： 投资评级： （ ） 报告日期： 推荐 维持 2025年6月20日 ◼ 分析师：傅鸿浩 ◼ S ...

Group 1 - The report highlights that gold prices are significantly influenced by U.S. Treasury yields, particularly the ten-year yield, which typically shows a negative correlation with gold prices. When Treasury yields rise, the opportunity cost of holding gold increases, leading to a decrease in gold prices, and vice versa [1][10][15] - Gold possesses monetary attributes and serves as a reserve currency, exhibiting a substitution effect with the U.S. dollar. Generally, a stronger dollar index attracts funds away from gold, causing gold prices to decline. However, the long-term correlation between the dollar index and gold prices remains strong [1][10][13] Group 2 - Multiple factors are driving the global trend of de-dollarization, including the U.S. government's high deficit and the continuous expansion of national debt, which is projected to exceed $30 trillion by 2025, accounting for over 120% of GDP. This raises concerns about the sustainability of U.S. fiscal policy and undermines confidence in the dollar [2][15][17] - The share of the U.S. in global GDP has been declining, from nearly 40% in 1960 to about 26% in 2023, which weakens the dollar's value support [2][23][26] Group 3 - In the context of de-dollarization, there is an increasing demand for gold from central banks globally. The total global central bank gold reserves are expected to reach 36,250 tons by 2024, reflecting a recovery trend after a slight decline in 2022 [3][31][34] Group 4 - Investment recommendations include companies with advanced technology and resource advantages, specifically Shandong Gold International, Zijin Mining, and Shandong Gold. These companies are well-positioned to benefit from rising gold prices due to their resource-rich portfolios and operational efficiencies [4][36][37][41]

紫金矿业在全球拥有超30座大型、超大型矿产资源开发基地。截图自紫金矿业2024年年报 本报记者 梁宝欣 深圳报道 近日，紫金矿业（601899.SH/02899.HK）披露旗下刚果（金）"卡莫阿-卡库拉铜矿"暂停部分井下作业事项的进 展。 卡莫阿铜业为紫金矿业合营公司，2024年度卡莫阿-卡库拉铜矿对紫金矿业归母净利润的贡献17.2亿元人民币，约 占公司2024年度归母净利润的5.37%。据了解，事件发生后，卡莫阿铜业迅速成立抢险工作机构，并聘请国际知 名专业机构及专家，对矿山情况开展研究、评估和指导。 根据紫金矿业6月13日的公告，因井下深部抽水设施损毁，地下水位急剧上升，导致卡库拉矿段东区大面积被淹。 "卡莫阿铜业迅速调集抽水设施进行抢险，目前卡库拉矿段已实现井下涌水量和抽水量的动态平衡，地下水位控制 在标高1110米（北部斜坡道口以下299米）；卡库拉矿段西区的北侧和南侧因位于标高1110米以上，已逐步重启井 下采矿作业。"紫金矿业称。 卡莫阿铜业正紧急采购和安装大功率水泵和永久性抽水系统，在整个卡库拉矿段进行全面排水作业，预计将于 2025年8月开始下抽排水。 经初步评估，受本次淹井事件影响，卡莫阿- ...

证券代码：000408 简称：藏格矿业 | | □特定对象调研 □分析师会议 | | --- | --- | | 投资者关 | □媒体采访 ■业绩说明会 | | 系活动类 | □新闻发布会 □路演活动 | | 别 | □现场参观 | | | □其他（电话会议） | | 参与单位 | 参加 2025 年青海辖区上市公司投资者集体接待日暨 2024 年度业 | | 名称及人 | 绩说明会的投资者 | | 员姓名 | | | 时间 | 2025 年 6 月 18 日 15：00-17：00 | | 地点 | 公司通过全景网"投资者关系互动平台"（https://ir. | | | p5w.net）采用网络远程的方式召开业绩说明会 | | 上市公司 | 财务总监 张立平 | | 接待人员 | 董事会秘书 李瑞雪 | | 姓名 | 证券事务代表 陈 哲 | | | 投关负责人 陈牧迪 | | | 1、听说现在矿产价格忽高忽低，咱们卖货的时候有没有啥 | | | 办法尽量卖个好价钱？ | | 投资者关 | 答：尊敬的投资者您好，公司产品价格受行业供需影响，虽 | | | 然无法掌控销售价格，但公司有望通过降本增效，控制产 ...

Group 1 - The Dachen CSI A50 ETF (159595) has experienced a decline of 0.25% on June 18, with a latest net value of 1.14 yuan, marking a continuous drop for five trading days and a cumulative decline of 1.05% over the period [1] - The Dachen CSI A50 ETF was established in March 2024, with a fund size of 6.249 billion yuan and a cumulative return of 13.50% since inception [1] - As of the end of 2024, institutional investors hold 5.928 billion shares of the Dachen CSI A50 ETF, accounting for 92.56% of the total shares, while individual investors hold 477 million shares, representing 7.44% of the total [1] Group 2 - The current fund manager, Mr. Li Shao, has a master's degree in economics and joined Dachen Fund Management Co., Ltd. in May 2015, currently serving as the director of the futures investment department [2] - The current fund manager, Ms. Liu Miao, holds an MBA from Peking University and has been with Dachen Fund Management Co., Ltd. since May 2011, serving in various roles including fund manager and director assistant [2] Group 3 - As of March 31, 2025, the top ten holdings of the Dachen CSI A50 ETF account for a total of 53.99%, with significant positions in Kweichow Moutai (10.25%), CATL (8.13%), China Ping An (6.75%), and others [3]

2025 年第一次临时股东会 2025 年第二次 A 股类别股东会 2025 年第二次 H 股类别股东会 2025 First Extraordinary General Meeting The Second A Shareholder's and H Shareholder's Class Meeting in 2025 会 议 材 料 紫金矿业集团股份有限公司 2025 年 6 月 26 日 紫金矿业集团股份有限公司 2025 年第一次临时股东会议程 议 程 本次会议逐项审议下列议案： 1.关于分拆所属子公司紫金黄金国际有限公司至香港联交所上市符合相关法律、法规规 定的议案 2.关于分拆所属子公司紫金黄金国际有限公司在香港联交所上市方案的议案 3.关于《紫金矿业集团股份有限公司关于分拆所属子公司紫金黄金国际有限公司至香港 联交所上市的预案》的议案 9.关于本次分拆履行法定程序的完备性、合规性及提交法律文件有效性的说明的议案 会议时间：2025 年 6 月 26 日（星期四）上午 9 点。 网络投票时间：2025 年 6 月 26 日，通过交易系统投票平台：9:15－9:25，9:30 －11:30，13: ...