本文源自：智通财经网 消息面上，据报道，印尼莫罗瓦利镍矿中心发生山体滑坡，导致一名工人遇难，并冲走了数台挖掘机、 推土机和倾卸卡车。方正证券认为，这将对印尼镍产出造成影响，考虑到印尼政府对镍价的力挺态度， 镍价有望在1.8万美元以上运行。 据悉，印尼政府预计镍矿2026年配额为2.5-2.6亿吨，相较于2025年的3.79亿吨降幅超过34%。国信证券 发布研报称，印尼是全球最大的镍矿供应国，同时也有着非常成熟的配额制制度，其有意通过政策的调 整来提高镍矿开发的门槛及成本。该行认为，未来镍价的变化将主要取决于印尼镍矿配额的调整，不完 全排除印尼政府极端收紧镍矿供给的黑天鹅事件。 智通财经获悉，镍业股早盘普涨，截至发稿，力勤资源(02245)涨8.33%，报29.64港元；新疆新鑫矿业 (03833)涨3.42%，报2.72港元；中伟新材(02579)涨3.4%，报38.28港元。 ...

据悉，印尼政府预计镍矿2026年配额为2.5-2.6亿吨，相较于2025年的3.79亿吨降幅超过34%。国信证券 发布研报称，印尼是全球最大的镍矿供应国，同时也有着非常成熟的配额制制度，其有意通过政策的调 整来提高镍矿开发的门槛及成本。该行认为，未来镍价的变化将主要取决于印尼镍矿配额的调整，不完 全排除印尼政府极端收紧镍矿供给的黑天鹅事件。 消息面上，据报道，印尼莫罗瓦利镍矿中心发生山体滑坡，导致一名工人遇难，并冲走了数台挖掘机、 推土机和倾卸卡车。方正证券认为，这将对印尼镍产出造成影响，考虑到印尼政府对镍价的力挺态度， 镍价有望在1.8万美元以上运行。 镍业股早盘普涨，截至发稿，力勤资源(02245)涨8.33%，报29.64港元；新疆新鑫矿业(03833)涨3.42%， 报2.72港元；中伟新材（300919）(02579)涨3.4%，报38.28港元。 ...

据悉，印尼政府预计镍矿2026年配额为2.5-2.6亿吨，相较于2025年的3.79亿吨降幅超过34%。国信证券 发布研报称，印尼是全球最大的镍矿供应国，同时也有着非常成熟的配额制制度，其有意通过政策的调 整来提高镍矿开发的门槛及成本。该行认为，未来镍价的变化将主要取决于印尼镍矿配额的调整，不完 全排除印尼政府极端收紧镍矿供给的黑天鹅事件。 智通财经APP获悉，镍业股早盘普涨，截至发稿，力勤资源(02245)涨8.33%，报29.64港元；新疆新鑫矿 业(03833)涨3.42%，报2.72港元；中伟新材(02579)涨3.4%，报38.28港元。 消息面上，据报道，印尼莫罗瓦利镍矿中心发生山体滑坡，导致一名工人遇难，并冲走了数台挖掘机、 推土机和倾卸卡车。方正证券认为，这将对印尼镍产出造成影响，考虑到印尼政府对镍价的力挺态度， 镍价有望在1.8万美元以上运行。 ...

行业政策影响：2026年2月，据腾讯自选股报道，印度尼西亚要求全球最大镍矿韦达湾削减矿石配额 70%，伦敦金属交易所镍期货同期上涨；中邮证券此前分析指出，若印尼政策导致镍供需缺口，镍价可 能呈现高弹性补涨，这或间接影响以镍业务为主的新疆新鑫矿业。 经济观察网 新疆新鑫矿业（03833.HK）近期A股上市计划持续推进，同时受到行业政策及自身财务表 现波动影响。 公司项目推进 A股上市计划推进：根据百度百科的记载，公司于2025年9月董事会审议批准发行A股并在内地证券交易 所上市，同年10月已在新疆证监局启动IPO辅导备案，辅导机构为申万宏源证券，标志公司可能迎来A 股主板上市进程。此外，公司2025年启动了150万吨采选技改和电解槽环保改造项目，计划通过三年规 划实现产量产值翻倍，这或对未来经营产生影响。 行业政策与环境 业绩经营情况 财务表现波动：公司2025年中期财报显示净利润同比下降约50%，主要因镍价下跌及成本上升；近期股 价在2026年1月至2月出现多次大幅波动，例如1月5日下跌5.26%，2月11日上涨7.66%，但机构评级方面 暂无明确建议。 以上内容基于公开资料整理，不构成投资建议。 ...

公司基本面新疆新鑫矿业旗下全资拥有喀拉通克、黄山东、黄山和香山四座镍铜矿，主营业务与镍价关 联度较高。中邮证券此前分析指出，镍是2024年以来有色金属板块中少数未经历显著上涨的品种，若印 尼政策导致供需缺口，镍价可能具备补涨弹性。 股票近期走势截至2026年2月11日收盘，新疆新鑫矿业股价报2.73港元，单日涨幅10.08%，成交额约 1.65亿港元，显著高于前一交易日水平。同日，A股有色金属板块亦普遍上涨，申万有色金属指数上涨 2.70%，反映市场对金属供应事件的整体反应。 经济观察网 新疆新鑫矿业（03833.HK）股价在2026年2月11日出现显著上涨，主要与镍市场供应收紧的 预期相关。 股价异动原因消息面上，印度尼西亚要求全球最大的镍矿——韦达湾镍矿将矿石开采配额削减70%。这 一供应收缩的预期推动伦敦金属交易所（LME）镍期货当日上涨2.6%，进而提振了市场对镍相关企业 的关注度。 ...

Core Viewpoint - Xinjiang Xinxin Mining (03833) experienced a significant increase in stock price, rising by 7.66% to HKD 2.67, with a trading volume of HKD 13.37 million [1] Group 1: Market Dynamics - The London Metal Exchange nickel futures rose by 2.6% [1] - Indonesia has mandated a 70% reduction in ore quotas from the Weda Bay nickel mine, the largest nickel mine globally [1] Group 2: Industry Analysis - China Postal Securities noted that nickel is one of the few non-participants in the 2024 year-to-date bull market for non-ferrous metals [1] - The firm believes that if Indonesian policies create a supply-demand gap, there could be a potential for significant price rebound [1] Group 3: Company Overview - Xinjiang Xinxin Mining fully owns four nickel-copper mines: Kalatongke, Huangshandong, Huangshan, and Xiangshan [1]

Group 1 - Xinjiang Xinxin Mining (03833) saw a significant increase in stock price, rising by 7.66% to HKD 2.67, with a trading volume of HKD 13.37 million [1] - The London Metal Exchange nickel futures rose by 2.6%, indicating a positive trend in the nickel market [1] - Indonesia has mandated a 70% reduction in ore quotas from the Weda Bay nickel mine, the largest nickel mine globally, which could impact supply dynamics [1] Group 2 - China Postal Securities noted that nickel is one of the few metals absent from the ongoing bull market in non-ferrous metals for 2024, suggesting potential for price recovery [1] - The firm believes that if Indonesian policies create a supply-demand gap, there could be a significant rebound in nickel prices [1] - Xinjiang Xinxin Mining fully owns four nickel-copper mines: Kalatongke, Huangshandong, Huangshan, and Xiangshan, positioning the company favorably in the nickel market [1]

FF301 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: 2026年1月31日 狀態: 新提交 本月底法定/註冊股本總額： RMB 552,500,000 第 1 頁 共 10 頁 v 1.2.0 FF301 致：香港交易及結算所有限公司 公司名稱: 新疆新鑫礦業股份有限公司 呈交日期: 2026年2月3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) | 03833 | 說明 | H股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 950,580,000 | RMB | | 0.25 | RMB | | 237,645,000 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | ...

Group 1 - Nickel industry stocks are experiencing significant gains, with Xinjiang Xinxin Mining up 7.89%, Zhongwei New Materials up 4.4%, and Likun Resources up 2.77% [1] - CITIC Securities reports that Indonesia's nickel production quota for 2026 is expected to be 250-260 million tons, a substantial decrease from 2025, potentially leading to a global nickel supply shortage of 200,000 tons and an increase in LME nickel prices to $22,000 per ton [1] - The regulatory environment in Indonesia is becoming stricter, which is likely to slow down the growth rate of nickel production and support a gradual recovery in nickel prices from their current lows [1] Group 2 - Likun Resources has established a complete industrial chain covering nickel trading, smelting production, equipment manufacturing, and sales [1] - Zhongwei New Materials has made strategic investments in upstream nickel, phosphorus, and lithium resources globally since 2022, acquiring nickel laterite mines in Indonesia, lithium salt lakes in Argentina, and phosphorus mines in Guizhou [1] - Xinjiang Xinxin Mining fully owns four nickel-copper mines and two vanadium mines, along with a fluorite mine [1]

Group 1 - Nickel industry stocks have shown significant gains, with Xinjiang Xinxin Mining (03833) up 7.89% to HKD 3.01, Zhongwei New Materials (300919) (02579) up 4.4% to HKD 39.88, and Likun Resources (02245) up 2.77% to HKD 27.5 [1] - CITIC Securities reports that the Indonesian government is expected to set the annual nickel ore production quota for 2026 at 250-260 million tons, a substantial decrease from the 2025 quota [1] - If the 2026 production quota is implemented, Indonesia's nickel output is projected to decline to 2.6-2.7 million tons, leading to a global nickel supply shortage of 200,000 tons and a potential increase in LME nickel prices to USD 22,000 per ton [1] - The regulatory environment for the mining industry in Indonesia is becoming increasingly stringent, which is expected to slow down the growth rate of nickel production and gradually improve nickel prices from the bottom [1] Group 2 - Likun Resources has established a complete industrial chain covering nickel ore trading, smelting production, equipment manufacturing, and sales [1] - Zhongwei New Materials has made strategic investments in upstream nickel, phosphorus, lithium, and other mineral resources globally since 2022, acquiring resources such as Indonesian laterite nickel ore, Argentine lithium salt lakes, and Guizhou phosphorus mines [1] - Xinjiang Xinxin Mining fully owns four nickel-copper mines: Kalatongke, Huangshandong, Huangshan, and Xiangshan, as well as two vanadium mines: Xianghejie and Mujiahe, and the Kalchaer fluorite mine [1]