Group 1 - Indonesia's government expects nickel ore production quotas for 2026 to be between 250 million tons and 260 million tons, a significant decline from 2025's quotas [1] - The Indonesian government is tightening regulations on nickel mining, including increasing the tax rate on nickel ore from a fixed 10% to a floating range of 14%-19% and implementing stricter controls on new nickel smelting capacity [1] - CITIC Securities predicts that if the 2026 production quotas are implemented, Indonesia's nickel output could drop to 2.6 million to 2.7 million tons, leading to a global nickel supply shortage of 200,000 tons and potentially raising LME nickel prices to $22,000 per ton [1] Group 2 - Liqin Resources has submitted application materials for a proposed A-share issuance to the Shenzhen Stock Exchange and has received an acceptance notice, indicating its involvement in the complete nickel industry chain [2] - Zhongwei New Materials has strategically invested in upstream nickel, phosphorus, and lithium resources globally since 2022, with expectations to self-supply 30,000 tons of metal nickel by 2026, enhancing profits by 20-30 million yuan [2] - Xinjiang Xinxin Mining owns several nickel-copper mines and other mineral resources, indicating its significant presence in the mining sector [2]

Group 1: Nickel Production and Regulation - The Indonesian government expects nickel production quotas for 2026 to be between 250 million tons and 260 million tons, a significant decrease from 2025 [1] - The Indonesian government has adjusted the nickel benchmark tax rate from a fixed 10% to a floating range of 14%-19% [1] - New regulations have been introduced to strictly control the construction of new nickel pyrometallurgical smelting capacities, with penalties for illegal nickel mining reaching up to 6.5 billion Indonesian Rupiah per hectare [1] Group 2: Market Impact and Price Forecast - Citic Securities predicts that if the 2026 nickel production quotas are implemented, Indonesia's nickel output could decline to 2.6 million to 2.7 million tons, leading to a global nickel supply shortage of 200,000 tons and a potential increase in LME nickel prices to $22,000 per ton [1] - Long-term regulatory tightening in Indonesia is expected to slow down nickel production growth, with nickel prices likely to recover from their lows [1] Group 3: Company Developments - Liqin Resources (02245) has submitted application materials for an A-share issuance to the Shenzhen Stock Exchange and has received acceptance notification, indicating its involvement in the complete nickel industry chain [2] - Zhongwei New Materials (02579) has made strategic investments in upstream nickel, phosphorus, and lithium resources globally since 2022, with expectations of producing 30,000 tons of metal nickel by 2026, enhancing profits significantly [2] - Xinjiang Xinxin Mining (03833) owns several nickel-copper mines and other mineral resources, indicating its active role in the nickel mining sector [2]

责任编辑：卢昱君 香港联交所最新资料显示，1月21日，董事会副主席周传有减持新疆新鑫矿业（03833）40万股，每股作 价2.72港元，总金额为108.8万港元。减持后最新持股数目为8690万股，最新持股比例为9.14%。 香港联交所最新资料显示，1月21日，董事会副主席周传有减持新疆新鑫矿业（03833）40万股，每股作 价2.72港元，总金额为108.8万港元。减持后最新持股数目为8690万股，最新持股比例为9.14%。 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 ...

Group 1 - The vice chairman of the board, Zhou Chuan You, reduced his holdings in Xinjiang Xinxin Mining (03833) by 400,000 shares at a price of HKD 2.72 per share, totaling HKD 1.088 million [1] - After the reduction, the latest number of shares held is 86.9 million, representing a holding percentage of 9.14% [1]

智通财经APP获悉，香港联交所最新资料显示，1月21日，董事会副主席周传有减持新疆新鑫矿业 (03833)40万股，每股作价2.72港元，总金额为108.8万港元。减持后最新持股数目为8690万股，最新持 股比例为9.14%。 ...

Group 1 - The vice chairman of the board, Zhou Chuan You, reduced his stake in Xinjiang Xinxin Mining (03833) by 1.35 million shares at a price of HKD 2.75 per share, totaling HKD 3.7125 million [1] - After the reduction, the latest number of shares held by Zhou is 88.65 million, representing a holding percentage of 9.33% [1]

Group 1 - The Hong Kong Stock Exchange reported that on January 16, the Vice Chairman of the Board, Zhou Chuan You, reduced his holdings in Xinjiang Xinxin Mining (03833) by 1.35 million shares at a price of HKD 2.75 per share, totaling HKD 3.7125 million [1] - After the reduction, the latest number of shares held by Zhou is 88.65 million, representing a holding percentage of 9.33% [1]

Group 1 - The core point of the article is that the Vice Chairman of the board, Zhou Chuan You, has reduced his stake in Xinjiang Xinxin Mining (03833) by selling 1.35 million shares at a price of HKD 2.75 per share, totaling HKD 3.7125 million [1] - After the reduction, the latest number of shares held by Zhou is 88.65 million, which represents a holding percentage of 9.33% [1]

Group 1 - Nickel stocks rose in early trading, with Liqin Resources (02245) up 11.22% at HKD 25.78, Zhongwei New Materials (02579) up 9.14% at HKD 39.16, and Xinjiang Xin Mining (03833) up 4.63% at HKD 2.94 [1] - The price of nickel on the London Metal Exchange closed at 18,785, an increase of 6.7%, while the Shanghai nickel futures closed at 148,930, up 5.6% [1] - Indonesia may approve a nickel ore production quota of approximately 260 million tons by 2026, according to local media citing mining officials [1] Group 2 - CITIC Futures anticipates that the theoretical demand for nickel ore in Indonesia will exceed the currently proposed quota of 260 million wet tons by approximately 15% in 2026, as it is a period of concentrated release of new capacity for Indonesian hydrometallurgical (HPAL) projects [1] - If this quota is implemented, it could lead to significant tightening expectations in the market [1]

Group 1 - Nickel industry stocks rose in early trading, with Liqin Resources (02245) up 11.22% to HKD 25.78, Zhongwei New Materials (02579) up 9.14% to HKD 39.16, and Xinjiang Xinxin Mining (03833) up 4.63% to HKD 2.94 [1] - The price of nickel on the London Metal Exchange closed at 18,785, an increase of 6.7%, while the Shanghai nickel futures closed at 148,930, up 5.6% [1] - Indonesia is expected to approve a nickel ore production quota of approximately 260 million tons by 2026, according to local media citing mining officials [1] Group 2 - CITIC Futures anticipates that the theoretical demand for nickel ore in Indonesia will exceed the currently proposed target of 260 million wet tons by approximately 15% in 2026, as it is a period of concentrated release of new capacity for Indonesian hydrometallurgical (HPAL) projects [1] - If this demand projection materializes, it could lead to significant tightening expectations in the market [1]