证券代码：600259 证券简称：广晟有色 公告编号：2025-064 广晟有色金属股份有限公司 关于召开2025年第五次临时股东会的通知 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： 股东会召开日期：2025年12月10日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 一、 召开会议的基本情况 (一) 股东会类型和届次 2025年第五次临时股东会 (二) 股东会召集人：董事会 (三) 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合 的方式 召开地点：广州市番禺区汉溪大道东 386 号广晟万博城 A 塔写字楼 37 楼会 议室 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 12 月 10 日 至2025 年 12 月 10 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过 ...

证券简称：广晟有色 证券代码：600259 公告编号：临 2025-063 广晟有色金属股份有限公司董事会 二○二五年十一月二十五日 1 二、以 9 票同意、0 票反对、0 票弃权，审议通过了《关于全资子 公司申请破产重整的议案》。（详见公告"临 2025-061"） 三、以 9 票同意、0 票反对、0 票弃权，审议通过了《关于召开公 司 2025 年第五次临时股东会的议案》。（详见公告"临 2025-064"） 特此公告。 广晟有色金属股份有限公司 第九届董事会 2025 年第九次会议决议公告 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法 律责任。 广晟有色金属股份有限公司（以下简称"公司"）第九届董事会 2025 年第九次会议于 2025 年 11 月 24 日下午 14:00，在广州市番禺区汉溪大 道东 386 号广晟万博城 A 塔写字楼 37 楼会议室以通讯方式召开。本次 会议通知于 2025 年 11 月 18 日以书面及电子邮件形式发出。本次会议 应出席董事 9 名，实际出席董事 9 名。会议由董事长杨杰先生召集并主 持 ...

Core Viewpoint - The company, Guangsheng Nonferrous Metals Co., Ltd., is changing its name to Zhongxi Nonferrous Metals Co., Ltd. to better align with its focus on the rare earth industry and enhance its brand recognition [1] Company Strategy - The company aims to focus on the upstream and downstream of the rare earth industry while also expanding into strategic rare metals such as tungsten and copper [1] - The name change is intended to improve the company's integration with China Rare Earth Group Co., Ltd. and leverage its advantages in upstream rare earth resources and the Guangdong-Hong Kong-Macao Greater Bay Area [1] Brand and Market Positioning - The new company name and stock abbreviation will help highlight the company's brand advantages and align with its main business and strategic positioning [1] - The changes are expected to enhance the company's reputation and brand effect, thereby strengthening its core functions and competitiveness [1]

Market Overview - The small metals sector increased by 1.03% on November 24, with Huaxi Nonferrous leading the gains [1] - The Shanghai Composite Index closed at 3836.77, up 0.05%, while the Shenzhen Component Index closed at 12585.08, up 0.37% [1] Key Performers - Huaxi Nonferrous (600301) closed at 36.97, up 5.78% with a trading volume of 183,800 shares and a transaction value of 684 million [1] - Other notable performers include: - Dongfang Silver (000962) at 25.81, up 4.03% [1] - Zhongtung High-tech (000657) at 21.66, up 3.19% [1] - Guangsheng Nonferrous (600259) at 55.98, up 3.09% [1] Fund Flow Analysis - The small metals sector experienced a net outflow of 167 million from main funds, while retail investors saw a net inflow of 150 million [2] - Notable fund flows include: - Huaxi Nonferrous with a main fund net inflow of 72.9 million [3] - Anning Co. (002978) with a main fund net inflow of 22.5 million [3] - Dongfang Silver with a main fund net inflow of 13.2 million [3] Trading Volume and Value - The trading volume for Huaxi Nonferrous was 183,800 shares, contributing to a transaction value of 684 million [1] - Zhongtung High-tech had a trading volume of 651,400 shares, with a transaction value of 1.407 billion [1] Sector Performance - The overall performance of the small metals sector reflects a mixed sentiment, with some stocks showing significant gains while others faced declines [2][3] - The sector's dynamics indicate a potential shift in investor interest, particularly towards stocks like Huaxi Nonferrous and Guangsheng Nonferrous [1][2]

Investment Rating - The report maintains a "Positive" investment rating for the industry [6] Core Viewpoints - The report highlights that the short-term fluctuations in lithium carbonate do not alter the long-term positive outlook for the lithium industry, with a supply inflection point and a new demand cycle expected by 2026 [4][10] - The report emphasizes the strategic metals like rare earths and tungsten are poised for a value reassessment due to government policies and market dynamics [4] - The report notes that despite short-term volatility in copper and aluminum prices, the long-term trends remain favorable due to macroeconomic factors and supply-demand dynamics [4][10] Summary by Sections Energy Metals & Minor Metals - Lithium is expected to see a supply inflection point and a new demand cycle, with domestic power demand and energy storage needs driving growth. The supply side faces uncertainties, but the long-term outlook remains positive [4] - Strategic metals such as rare earths and tungsten are highlighted for their potential value reassessment, with government policies supporting demand recovery [4] - Tungsten prices are expected to rise due to tight supply and increased demand from downstream sectors [4] Precious Metals - The report indicates that the fluctuations in interest rate expectations are the main drivers for gold price recovery, maintaining a positive outlook for gold investments [4] - The report suggests that gold prices are likely to remain volatile but are not expected to peak in the early stages of a rate cut cycle [4] Industrial Metals - The report notes that copper and aluminum prices have experienced short-term declines due to increased risk aversion, but the long-term outlook remains optimistic due to economic recovery and supply adjustments [4] - The report provides data showing that copper inventories have increased significantly, while aluminum inventories have shown a mixed trend [4][10]

Market Overview - The small metals sector increased by 1.12% on November 20, with Guangsheng Nonferrous leading the gains [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Top Performers - Guangsheng Nonferrous (600259) closed at 56.90, up 6.45% with a trading volume of 302,000 shares and a transaction value of 1.711 billion [1] - Guizhou Research Platinum (600459) closed at 18.20, up 5.02% with a trading volume of 619,300 shares and a transaction value of 1.116 billion [1] - Huaxi Nonferrous (600301) closed at 36.59, up 4.25% with a trading volume of 192,000 shares and a transaction value of 706 million [1] Underperformers - Yunnan Province Industry (002428) closed at 26.52, down 3.88% with a trading volume of 383,300 shares and a transaction value of 1.03 billion [2] - Jintian Titanium Industry (688750) closed at 19.25, down 3.36% with a trading volume of 35,900 shares and a transaction value of 70.72 million [2] - Tin Industry Co. (000960) closed at 24.07, down 1.67% with a trading volume of 289,200 shares and a transaction value of 703 million [2] Capital Flow - The small metals sector saw a net inflow of 630 million from main funds, while retail investors experienced a net outflow of 651 million [2][3] - Main funds showed significant net inflows in Guangsheng Nonferrous (2.00 billion) and North Rare Earth (2.01 billion) [3] Summary of Individual Stocks - Guangsheng Nonferrous had a main fund net inflow of 2.00 billion, with retail investors showing a net outflow of 1.28 billion [3] - North Rare Earth had a main fund net inflow of 2.01 billion, with retail investors showing a net outflow of 1.05 billion [3] - Guizhou Research Platinum had a main fund net inflow of 69.88 million, with retail investors showing a net outflow of 1.21 billion [3]

Market Overview - The small metals sector increased by 1.14% on November 19, with Xiyu Co. leading the gains [1] - The Shanghai Composite Index closed at 3946.74, up 0.18%, while the Shenzhen Component Index closed at 13080.09, unchanged [1] Key Performers in Small Metals Sector - Xiyu Co. (000960) closed at 24.48, up 5.88% with a trading volume of 402,900 shares and a transaction value of 964 million yuan [1] - Yunnan Province Industry (002428) closed at 27.59, up 3.64% with a trading volume of 519,500 shares and a transaction value of 1.399 billion yuan [1] - Guangsheng Nonferrous (600259) closed at 53.45, up 3.38% with a trading volume of 92,100 shares and a transaction value of 481 million yuan [1] - China Rare Earth (000831) closed at 48.26, up 2.92% with a trading volume of 369,600 shares and a transaction value of 1.763 billion yuan [1] Fund Flow Analysis - The small metals sector experienced a net outflow of 243 million yuan from institutional investors and 122 million yuan from speculative funds, while retail investors saw a net inflow of 365 million yuan [2][3] - China Rare Earth (000831) had a net inflow of 196 million yuan from institutional investors, while it faced a net outflow of 155 million yuan from retail investors [3] - North Rare Earth (600111) saw a net inflow of 127 million yuan from institutional investors, with a net outflow of 40 million yuan from retail investors [3]

Trading Information Summary - On November 18, Guangsheng Nonferrous (600259) closed at 51.7 yuan, down 1.95%, with a turnover rate of 1.59% and a trading volume of 53,500 shares, amounting to 277 million yuan [1] - On the same day, the net outflow of main funds was 29.0497 million yuan, accounting for 10.5% of the total trading volume; retail funds had a net inflow of 15.381 million yuan, representing 5.56% of the total trading volume [1][3] Company Announcement Summary - Guangsheng Nonferrous held its fourth extraordinary general meeting of shareholders for 2025 on November 17, 2025, with 579 shareholders present, representing 47.772% of the total share capital [1] - The meeting approved three resolutions: purchasing liability insurance for directors and senior management, using reserve funds to cover losses, and reappointing Dahua Certified Public Accountants as the auditing firm for 2025 [1][3] - The legal opinion provided by Guangdong Lianyue Law Firm confirmed the legality and validity of the meeting's convening, attendance, and voting procedures [1]

Group 1 - The board of directors and all directors guarantee that the announcement content does not contain any false records, misleading statements, or major omissions, and they bear legal responsibility for its authenticity, accuracy, and completeness [1] - The shareholder meeting was held on November 17, 2025, at the conference room of Guangsheng Wanbo City, Guangzhou [1] - The meeting was presided over by Chairman Yang Jie, and the convening, holding, and voting methods complied with the Company Law, Articles of Association, and relevant rules [1] Group 2 - The following non-cumulative voting proposals were approved: 1. Proposal for purchasing liability insurance for directors and senior management 2. Proposal for using reserve funds to cover losses 3. Proposal for reappointing Dahua Certified Public Accountants as the company's annual audit institution for 2025 [2] - The proposals were reviewed and approved by the company's ninth board of directors at the eighth meeting in 2025, with details disclosed on October 31, 2025, on the Shanghai Stock Exchange website [3] Group 3 - The legal witness for the shareholder meeting was Guangdong Lianyue Law Firm, with lawyers Lu Limei and Chen Huajian present [4] - The lawyers concluded that the convening, holding procedures, and voting methods of the temporary shareholder meeting complied with the Company Law, Shareholder Meeting Rules, and Articles of Association, and the attendees had valid qualifications [4]

Group 1 - The core viewpoint of the article highlights the gradual realization of value in the entire rare earth industry chain [1] - China's rare earth resources exhibit a "light in the north and heavy in the south" distribution characteristic, with ongoing industry consolidation [4] - Following the establishment of the China Rare Earth Group in 2021, the industry landscape has become clearer [5] Group 2 - In 2024, Guangsheng Nonferrous (600259.SH) will transfer control and officially become a core listed company under the China Rare Earth Group [6] - The company has a long history, originating from the Guangdong Metallurgical Bureau and others in 1953, and was listed through a backdoor listing in 2009, with its business historically relying on low-margin trading [7] - Recent financial data indicates that the company is undergoing a strategic transformation: actively reducing revenue scale while improving profitability [8]