一、董事会会议召开情况 | 股票代码：600010 | 股票简称：包钢股份 | 编号：（临）2025-043 | | --- | --- | --- | | 债券代码：163705 | 债券简称：20钢联03 | | | 债券代码：175793 | 债券简称：GC钢联01 | | 内蒙古包钢钢联股份有限公司 第七届董事会第三十一次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏， 并对其内容的真实性、准确性和完整性承担个别及连带责任。 内蒙古包钢钢联股份有限公司董事会 内蒙古包钢钢联股份有限公司（以下简称"公司"）第七届董事 会第三十一次会议通知和议案等书面材料于 2025 年 6 月 12 日以专 人及发送电子邮件方式送达各位董事，会议于 2025 年 6 月 18 日以 通讯表决的方式召开。本次会议应参加表决董事 11 人，实际参加表 决董事 11 人。会议的召开符合有关法律、行政法规、部门规章、规 范性文件和《公司章程》的规定。 2025 年 6 月 18 日 资估算 64371.24 万元，该项目为保生产稳定运行项目。 议案表决结果：同意 11 票，弃权 0 ...

Group 1: Liquidity and Performance of Rare Earth ETF - The liquidity of the Rare Earth ETF managed by Jiashi has a turnover rate of 2.9% with a transaction volume of 71.903 million yuan [2] - Over the past week, the average daily transaction volume of the Rare Earth ETF reached 174 million yuan, ranking first among comparable funds [2] - The fund's scale increased by 244 million yuan in the past week, also ranking first among comparable funds [2] - The number of shares increased by 22.2 million in the past week, achieving significant growth and ranking first among comparable funds [2] - In the last five trading days, there were net inflows on four days, totaling 338 million yuan [2] - As of June 17, the net value of the Rare Earth ETF has risen by 34.53% over the past year, ranking 284 out of 2854 in the index stock fund category, placing it in the top 9.95% [2] - The highest monthly return since inception was 41.25%, with the longest consecutive monthly increase being four months and the longest increase percentage being 83.89% [2] Group 2: Key Holdings and Market Dynamics - As of May 30, 2025, the top ten weighted stocks in the China Rare Earth Industry Index accounted for 57.28% of the index, including Northern Rare Earth, China Rare Earth, and others [2] - Recent reports indicate a phased relaxation of rare earth export controls, allowing some rare earth magnetic material companies to obtain export licenses, although controls are not fully lifted [4] - The demand for rare earth materials is expected to remain strong due to sectors like new energy vehicles, home appliances, and wind power, with potential upward pressure from humanoid robots [5] - The market anticipates a reversal in supply and demand dynamics, with rare earths expected to benefit from both profit and valuation increases due to tariff policies exceeding market expectations [5]

Group 1 - Baogang Group successfully completed the supply of 98,000 tons of U71Mn high-speed rails for the Baoyin High-speed Railway project in Inner Mongolia, marking a significant achievement for the company [2][3] - The company has established a comprehensive research and development system for rare earth steel, leveraging the unique properties of rare earth elements to enhance steel performance, resulting in a production capacity of 66 varieties and nearly 300 grades of rare earth steel [5][8] - Baogang's rare earth steel products are widely used in key sectors such as high-speed and heavy-haul railways, new energy wind power, lightweight vehicles, coal mining machinery, and oil extraction, contributing to the company's strong brand value in the steel industry [8] Group 2 - The company has implemented a "Rare Earth +" strategy, focusing on product variety, quality improvement, and brand creation, which has been validated in national major projects [5][8] - Baogang Group's new rare earth welding wire steel products have been successfully supplied to leading domestic welding material companies, showcasing the company's advancements in high-performance welding materials [8] - The brand "Baogang Rare Earth Steel" has consistently ranked among the top 500 Chinese brand values, highlighting its reputation and market recognition in the steel industry [8]

Core Insights - The conference titled "New Integration - Warm City and Baogang" was held in Ordos, focusing on collaborative development of the industrial chain between Ordos and Baogang Group [1] - Over 400 guests from various sectors such as energy, coal, chemicals, infrastructure, equipment manufacturing, industrial parks, and research institutions participated in discussions aimed at providing integrated solutions for downstream customer needs [1] - The collaboration model between Baogang Group and Ordos City is a practical action to implement the high-quality development strategy of the autonomous region's economy, promoting the extension and strengthening of advantageous and characteristic industries [1] Group 1 - The event aimed to explore new paths for industrial chain collaboration and regional economic cooperation [1] - The goal of providing integrated solutions for downstream customer needs reflects the proactive exploration of collaborative development between enterprises and local governments [1] - This initiative is part of the autonomous region's efforts to support various types of enterprises in achieving shared benefits from reform and development [1]

Core Viewpoint - The China Rare Earth Industry Index has shown a recent decline, but it has experienced significant growth year-to-date, indicating a mixed performance in the rare earth sector [1][2]. Group 1: Index Performance - The China Rare Earth Industry Index decreased by 1.08% to 1793.49 points, with a trading volume of 34.123 billion yuan [1]. - Over the past month, the index has increased by 5.22%, by 1.03% over the last three months, and by 14.51% year-to-date [2]. Group 2: Index Composition - The index includes companies involved in rare earth mining, processing, trading, and applications, reflecting the overall performance of listed companies in the rare earth industry [2]. - The top ten weighted companies in the index are: Northern Rare Earth (14.63%), China Rare Earth (6.14%), Wolong Electric Drive (4.72%), Xiamen Tungsten (4.56%), Lingyi Technology (4.4%), Shenghe Resources (4.32%), Greeenmei (4.27%), Baotou Steel (4.2%), China Aluminum (4.2%), and Goldwind Technology (4.14%) [2]. Group 3: Market and Sector Breakdown - The Shanghai Stock Exchange accounts for 51.34% of the index holdings, while the Shenzhen Stock Exchange accounts for 48.66% [2]. - In terms of industry composition, raw materials make up 66.35%, industrial sectors account for 26.72%, and information technology comprises 6.93% [2]. Group 4: Index Adjustment and Fund Tracking - The index samples are adjusted biannually, with changes implemented on the next trading day following the second Friday of June and December, with a sample adjustment limit of 20% [3]. - Public funds tracking the rare earth industry include various ETFs from companies such as Harvest, Huatai-PB, and E Fund [3].

Core Viewpoint - The rare earth permanent magnet sector has shown significant growth, with a 4.90% increase, leading the market in terms of gains, driven by strong performances from several key stocks [1][2]. Group 1: Market Performance - As of June 11, the rare earth permanent magnet concept rose by 4.90%, with 58 stocks increasing in value [1]. - Notable gainers include Zhongke Magnetic Materials, which hit a 20% limit up, and other companies like Huayang New Materials and Beikong Technology also reached their upper limits [1]. - The top performers in the sector included Jiuling Technology, Yingsite, and Xic Magnetic Technology, with increases of 29.89%, 13.28%, and 13.15% respectively [1]. Group 2: Capital Inflow - The rare earth permanent magnet sector attracted a net inflow of 1.774 billion yuan, with 40 stocks receiving capital inflow [2]. - Leading the net inflow was Ningbo Yunsheng, with 295 million yuan, followed by Northern Rare Earth and Guangsheng Nonferrous, with inflows of 285 million yuan and 225 million yuan respectively [2]. - Stocks with the highest net inflow ratios included Huayang New Materials at 47.10%, Ningbo Yunsheng at 20.37%, and Huahong Technology at 19.65% [3]. Group 3: Stock Performance Metrics - Key stocks in the rare earth permanent magnet sector showed significant daily performance metrics, with Ningbo Yunsheng increasing by 9.95% and Huayang New Materials by 10.09% [3][4]. - The turnover rates for these stocks were also notable, with Ningbo Yunsheng at 14.38% and Huayang New Materials at 10.20% [3][4]. - Other stocks like Guangsheng Nonferrous and Baogang Co. also demonstrated solid performance with increases of 4.63% and 3.39% respectively [4].

Group 1 - The "Two Rare Earth Bases" construction has achieved significant results, with Baotou's rare earth industry output exceeding 100 billion yuan, a 63.3% increase from 2022 [1][3] - The raw material supply capacity has been enhanced, with the Baiyun Obo mine included in the national mineral exploration initiative and the completion of a 100,000-ton green smelting upgrade project [3] - Baotou has established the largest rare earth new materials base in China, with 10 out of the top 15 magnetic material companies now located there [3] Group 2 - The rare earth permanent magnet motor industry park has seen 22 companies settle in less than a year, marking a significant step towards becoming a global leader in rare earth applications [3] - The establishment of innovation platforms has led to the creation of 13 national-level rare earth innovation platforms and the cultivation of 55 national high-tech enterprises, doubling the numbers from 2022 [3][5] - Baotou aims to achieve a rare earth industry output of 130 billion yuan this year, leveraging technological innovation and policy support to strengthen the industry [4][5]

Core Viewpoint - Baosteel Co., Ltd. (600010) has shown a slight increase in stock price, closing at 1.75 yuan as of June 6, 2025, reflecting a 0.57% rise from the previous week, with a total market capitalization of 79.255 billion yuan [1]. Shareholder Changes - As of May 31, 2025, the number of shareholders for Baosteel Co., Ltd. is 695,400, which is a decrease of 16,100 from April 10, 2025, representing a reduction of 2.27%. The average number of shares held per shareholder increased from 63,600 to 65,100, with an average holding value of 113,300 yuan [1][3]. Company Announcements - Baosteel Co., Ltd. has announced its plan for share repurchase, approved on April 17 and May 22, 2025. The company intends to repurchase shares using its own funds and a special loan for a total amount not less than 100 million yuan and not exceeding 200 million yuan, with a maximum repurchase price of 2.73 yuan per share. As of May 31, 2025, no shares have been repurchased yet [1].

| 股票代码：600010 | 股票简称：包钢股份 | 编号：（临）2025-042 | | --- | --- | --- | | 债券代码：163705 | 债券简称：20钢联03 | | | 债券代码：175793 | 债券简称：GC钢联01 | | 内蒙古包钢钢联股份有限公司股份质押公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： ● 2025 年 6 月 5 日，内蒙古包钢钢联股份有限公司（以下简称 "公司"）控股股东包头钢铁（集团）有限责任公司（以下简称"包 钢集团"）作为出质人，将持有的 78,000.00 万股包钢股份无限售流 通股质押给中信银行股份有限公司包头分行，用于为包钢集团融资提 供担保。截至 2025 年 6 月 5 日，包钢集团持有公司无限售流通股 1,117,497.15 万股，限售流通股 1,390,782.11 万股，持股总数量 2,508,279.26 万股，占公司总股本的 55.38%。本次质押后，包钢集 团共质押公司股票 709,398.88 万股，占其持有总额 ...

Group 1 - The Shanghai Composite Index opened high and fluctuated, with the CSI 300 Metals and Mining Index reported at 2405.31 points [1] - The CSI 300 Metals and Mining Index has increased by 2.29% in the past month, 3.98% in the past three months, and 9.43% year-to-date [1] - The CSI 300 Index is categorized into 10 primary industries, 26 secondary industries, over 70 tertiary industries, and more than 100 quaternary industries [1] Group 2 - The top ten holdings in the CSI 300 Metals and Mining Index are Zijin Mining (31.27%), Northern Rare Earth (6.45%), Baosteel (6.2%), Shandong Gold (5.8%), China Aluminum (5.62%), Luoyang Molybdenum (5.48%), Huayou Cobalt (4.91%), Zhongjin Gold (4.35%), Baogang Group (4.22%), and Ganfeng Lithium (3.75%) [1] - The market share of the CSI 300 Metals and Mining Index is 82.35% from the Shanghai Stock Exchange and 17.65% from the Shenzhen Stock Exchange [2] - The industry composition of the CSI 300 Metals and Mining Index includes precious metals (44.94%), industrial metals (21.54%), rare metals (19.00%), steel (11.62%), and other non-metal materials (2.90%) [2] Group 3 - The index samples are adjusted every six months, specifically on the second Friday of June and December, with temporary adjustments made under special circumstances [2] - When a sample is delisted, it is removed from the index, and any corporate actions such as acquisitions, mergers, or splits are handled according to maintenance guidelines [2] - Adjustments to the CSI 300 industry index samples occur in conjunction with changes to the CSI 300 Index samples [2]