Core Viewpoint - The announcement details the completion of a share buyback plan by the controlling shareholder, Baotou Steel (Group) Co., Ltd., which has increased its stake in China Northern Rare Earth (Group) High-Tech Co., Ltd. to enhance investor confidence and support the company's market value management [1][3]. Group 1: Share Buyback Plan - The buyback plan was announced on March 1, 2025, allowing Baotou Steel to purchase up to 2% of the company's total shares (3,615,065,842 shares) within 12 months, with a minimum investment of RMB 5 billion and a maximum of RMB 10 billion [1][3]. - The funding for the buyback comes from a loan provided by Agricultural Bank of China and Baotou Steel's own funds, with no set price range for the purchases [1][3]. Group 2: Implementation Results - From March 17 to March 31, 2025, Baotou Steel acquired a total of 43,099,222 shares, representing 1.19% of the total share capital, with the total investment amounting to RMB 5 billion [2][4]. - After the completion of the buyback, Baotou Steel's total holdings in the company increased to 1,374,799,791 shares, which is 38.03% of the total share capital [4]. Group 3: Legal Compliance and Verification - Baotou Steel's buyback actions comply with relevant laws and regulations, and the company has not reduced its holdings during the buyback period [4]. - A legal opinion was provided by Inner Mongolia Jianzhong Law Firm regarding the buyback, confirming its adherence to legal standards [4].

内蒙古建中律师事务所 关于包头钢铁（集团）有限责任公司增持 中国北方稀土（集团）高科技股份有限公司 股份相关事项的专项核查意见 致：包头钢铁（集团）有限责任公司 内蒙古建中律师事务所（以下简称："本所"）接受包头钢铁（集团）有限 责任公司（以下简称："增持人"、"包钢集团"）的委托，指派本所律师就增 持人增持中国北方稀土（集团）高科技股份有限公司（以下简称："公司"、"北 方稀土"）股份（以下简称："本次增持"）的相关事宜出具本专项核查意见。 重要声明： （一）本所律师依据《中华人民共和国公司法（2023 修订）》（以下简称： "《公司法》"）、《中华人民共和国证券法（2019 修订）》（以下简称："《证 券法》"）、《上市公司收购管理办法（2020 修正）》（以下简称："《管理 办法》"）及《上海证券交易所上市公司自律监管指引第 8 号——股份变动管理》 （以下简称："《监管指引第 8 号》"）等法律、法规和规范性文件的规定，并 按照律师行业公认的业务标准、道德规范和勤勉尽责精神出具本专项核查意见。 （二）本所律师承诺，本所律师已依据本专项核查意见出具日以前已发生或 存在的事实和我国现行法律、法规和规范性文 ...

证券代码：600111 证券简称：北方稀土 公告编号：2025—018 中国北方稀土（集团）高科技股份有限公司 关于控股股东增持公司股份计划实施完毕 暨增持结果的公告 本公司董事会、全体董事及相关股东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法律责任。 一、增持主体基本情况 重要内容提示： ●中国北方稀土（集团）高科技股份有限公司（以下简称公司） 于 2025 年 3 月 1 日在《中国证券报》《上海证券报》《证券时报》及 上海证券交易所网站发布了《北方稀土关于控股股东以专项贷款和自 有资金增持公司股份计划暨取得专项贷款承诺函的公告》，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）公司〕 自上述公告披露之日起 12 个月内通过上海证券交易所交易系统以集 中竞价方式增持公司 A 股股票。增持股份比例不超过公司总股本 （3,615,065,842 股）的 2%。增持金额不低于人民币 5 亿元（含）、 不超过人民币 10 亿元（含）。资金来源为中国农业银行股份有限公司 包头鹿城支行向包钢（集团）公司提供的银行贷款资金和包钢（集团） 公司自有资 ...

内蒙古建中律师事务所 关于包头钢铁（集团）有限责任公司增持 中国北方稀土（集团）高科技股份有限公司 股份相关事项的专项核查意见 2025 内建中券意字第 006 号 致：包头钢铁（集团）有限责任公司 内蒙古建中律师事务所（以下简称："本所"）接受包头钢铁（集团）有限 责任公司（以下简称："增持人"、"包钢集团"）的委托，指派本所律师就增 持人增持中国北方稀土（集团）高科技股份有限公司（以下简称："公司"、"北 方稀土"）股份（以下简称："本次增持"）的相关事宜出具本专项核查意见。 重要声明： （一）本所律师依据《中华人民共和国公司法（2023 修订）》（以下简称： "《公司法》"）、《中华人民共和国证券法（2019 修订）》（以下简称："《证 券法》"）、《上市公司收购管理办法（2020 修正）》（以下简称："《管理 办法》"）及《上海证券交易所上市公司自律监管指引第 8 号——股份变动管理》 （以下简称："《监管指引第 8 号》"）等法律、法规和规范性文件的规定，并 按照律师行业公认的业务标准、道德规范和勤勉尽责精神出具本专项核查意见。 （二）本所律师承诺，本所律师已依据本专项核查意见出具日以前已发生或 存 ...

Group 1 - The Shanghai Composite Index decreased by 0.46%, while the CSI Mainland Resource Theme Index fell by 0.42%, closing at 3390.97 points with a trading volume of 33.177 billion [1] - The CSI Mainland Resource Theme Index has increased by 7.17% over the past month, 1.59% over the past three months, and 2.24% year-to-date [1] - The index includes various theme indices such as consumption, resources, transportation, banking, and real estate, reflecting the overall performance of significant listed companies in the Shanghai and Shenzhen markets [1] Group 2 - The top ten holdings of the CSI Mainland Resource Theme Index are: Zijin Mining (16.63%), China Shenhua (7.05%), China Petroleum (5.19%), Sinopec (4.66%), Shaanxi Coal and Chemical Industry (4.28%), China Aluminum (3.3%), Northern Rare Earth (3.2%), CNOOC (3.03%), Luoyang Molybdenum (2.99%), and Shandong Gold (2.71%) [1] - The market share of the CSI Mainland Resource Theme Index is 79.00% from the Shanghai Stock Exchange and 21.00% from the Shenzhen Stock Exchange [1] Group 3 - In terms of industry composition, the index sample shows that materials account for 64.98% and energy accounts for 35.02% [2] - The index sample is adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December each year [2] - Temporary adjustments to the index sample occur when the CSI 800 Index undergoes changes, and companies that are delisted or undergo mergers and acquisitions are handled according to maintenance guidelines [2] Group 4 - Public funds tracking the mainland resources include Minsheng Jianyin CSI Mainland Resource C and Minsheng Jianyin CSI Mainland Resource A [3]

金融界3月31日消息，上证指数下跌0.46%，中证资源80指数 (资源80，000801)报3513.07点。 数据统计显示，中证资源80指数近一个月上涨4.52%，近三个月上涨0.09%，年至今上涨0.78%。 从指数持仓来看，中证资源80指数十大权重分别为：紫金矿业（5.88%）、万华化学（4.74%）、中国 神华（4.65%）、中国石油（3.95%）、中国石化（3.55%）、陕西煤业（3.26%）、盐湖股份 （2.67%）、中国铝业（2.51%）、北方稀土（2.43%）、中国海油（2.31%）。 从中证资源80指数持仓的市场板块来看，上海证券交易所占比71.28%、深圳证券交易所占比28.72%。 从中证资源80指数持仓样本的行业来看，原材料占比71.11%、能源占比28.47%、主要消费占比0.42%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。每次调整的样本比例一般不超过10%。权重因子随样本定期调整而调整，调整时间与指数样本 定期调整实施时间相同。在下一个定期调整日前，权重因子一般固定不变。遇临时调整时，当中证800 指数调整样本时，指数 ...

Core Viewpoint - The announcement details the shareholding increase by Baotou Steel (Group) Co., Ltd., the controlling shareholder of Northern Rare Earth (Group) High-Tech Co., Ltd., which is part of a previously disclosed share acquisition plan and does not trigger a mandatory takeover bid [2][4]. Group 1: Shareholding Changes - Baotou Steel (Group) Co., Ltd. increased its shareholding in Northern Rare Earth from 1,331,700,569 shares (36.84% of total shares) to 1,373,724,991 shares (38% of total shares) as of March 28, 2025 [2][4]. - The increase in shareholding was executed through a series of transactions, with a total of 36,150,722 shares acquired between March 18 and March 28, 2025, amounting to approximately 837.81 million yuan [4]. Group 2: Share Acquisition Plan - The share acquisition plan was announced on March 1, 2025, with Baotou Steel intending to invest between 5 billion yuan and 10 billion yuan using a combination of bank loans and its own funds [3]. - The plan aims to enhance investor confidence and support the company's long-term development, with no specific price range set for the share purchases [3]. Group 3: Future Plans - Baotou Steel (Group) Co., Ltd. intends to continue its share acquisition plan in the future, indicating ongoing support for Northern Rare Earth [5]. - The company will adhere to relevant regulations and maintain transparency regarding the implementation of the share acquisition plan [7].

证券代码：600111 证券简称：北方稀土 公告编号：2025—017 中国北方稀土（集团）高科技股份有限公司 关于控股股东增持股份权益变动触及 1% 整数倍至 38%的增持计划实施进展公告 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法律责任。 重要内容提示： ●本次权益变动属于中国北方稀土（集团）高科技股份有限公司 控股股东包头钢铁（集团）有限责任公司〔以下简称包钢（集团）公 司〕按照其前期披露的股份增持计划实施增持，不触及要约收购。 ●本次权益变动不会导致公司控股股东及实际控制人发生变化。 2025 年 3 月 28 日，公司收到包钢（集团）公司书面通知，包钢 （集团）公司按照其增持计划自 2025 年 3 月 17 日实施首次增持后， 于近日持续实施了增持。截至 2025 年 3 月 28 日，包钢（集团）公司 持有公司股份比例增至 38%，权益变动触及 1%的整数倍。公告如下： 一、增持主体基本情况 证券代码：600111 证券简称：北方稀土 公告编号：2025—017 发展，包钢（集团）公司拟通过上海证券交易所交易系统以集 ...

Core Viewpoint - Northern Copper Industry has seen a significant increase in stock price, with the non-ferrous metal ETF fund (516650) experiencing over 10 million inflows in the past 10 days [1][3]. Group 1: Market Performance - As of March 24, 2025, the CSI Non-ferrous Metal Industry Theme Index (000811) rose by 1.55%, with Northern Copper Industry hitting the daily limit, Jiangxi Copper up by 5.72%, and Baotai Co. up by 5.13% [3]. - The non-ferrous metal ETF fund (516650) increased by 1.50% [3]. - Over the past two weeks, the non-ferrous metal ETF fund has accumulated a rise of 1.53% and a net subscription of 10.6644 million yuan [3]. Group 2: Fund Characteristics - The management fee for the non-ferrous metal ETF fund is 0.50%, and the custody fee is 0.10%, which are the lowest among comparable funds [3]. - The tracking error for the non-ferrous metal ETF fund over the past month is 0.005%, indicating the highest tracking precision among comparable funds [3]. Group 3: Index Composition - As of February 28, 2025, the top ten weighted stocks in the CSI Non-ferrous Metal Industry Theme Index account for 49.57% of the index, including Zijin Mining, China Aluminum, Northern Rare Earth, and others [4].

Core Viewpoint - The non-ferrous metal industry is experiencing a slight rebound, with several ETFs in this sector showing positive performance despite a general market adjustment in A-shares [1][5]. Group 1: ETF Performance - Multiple non-ferrous metal ETFs recorded gains of over 1.5% in half a day, with the Industrial Non-Ferrous ETF (560860) rising by 1.74% and the Non-Ferrous Metal ETF (512400) achieving a half-day trading volume of 1.45 billion yuan [1][2][10]. - The Industrial Non-Ferrous ETF (560860) has a total scale of 654 million units, with a half-day trading amount of 26.0254 million yuan [5]. - The Non-Ferrous Metal ETF (159871) also saw a half-day increase of 1.71%, with a scale of 97 million units and a trading amount of 7.2124 million yuan [7]. Group 2: Market Dynamics - Since March, the non-ferrous metal industry has shown a continuous rebound, with the Industrial Non-Ferrous ETF (560860) increasing by approximately 10 million units since the beginning of the month [5]. - The overall supply-demand dynamics indicate that domestic policies are stimulating copper demand while limiting new smelting capacity, which supports copper prices [5]. - The approach of the consumption peak season is leading to a recovery in order volumes and operating rates across most sectors, providing strong support for aluminum prices [5]. Group 3: Index Composition - The China Securities Industrial Non-Ferrous Metal Theme Index includes 30 large-cap companies involved in copper, aluminum, lead-zinc, and rare metals, reflecting the overall performance of the sector [5][8]. - The China Securities Non-Ferrous Metal Index selects companies engaged in the mining, smelting, and processing of non-ferrous metals, serving as a benchmark for the sector's performance [8].