2025年11月13日早盘，A股三大指数低开高走，稀有金属板块持续爆发。场内ETF方面，截至10:54，中证稀有金属主题指数(930632)强势上涨5.31%，成分股 天华新能(300390)上涨15.38%，雅化集团(002497)、永兴材料(002756)、盛新锂能(002240)、融捷股份(002192)纷纷10cm涨停。稀有金属ETF基金(561800)上 涨5.21%。 流动性方面，稀有金属ETF基金盘中换手9.11%，成交1757.64万元。拉长时间看，截至11月12日，稀有金属ETF基金近1月日均成交3067.89万元。 | 股票代码 | 股票简称 | 涨跌幅 | 权重 | | --- | --- | --- | --- | | 600111 | 北方稀土 | 3.16% | 11.07% | | 603993 | 洛阳辑业 | 5.04% | 9.89% | | 603799 | 华友钻业 | 7.18% | 8.60% | | 000792 | 盐湖股份 | 7.75% | 6.98% | | 002460 | 赣锋锂业 | 7.10% | 6.12% | | 002466 | 天齐锂业 | ...

每经AI快讯，11月13日，稀土永磁指数盘中上涨2.01%，成分股多数走强，盛新锂能涨停，中钢天源、 盛和资源、厦门钨业、科恒股份涨幅居前。 （文章来源：每日经济新闻） ...

格隆汇11月12日｜国元证券研报指出，盛和资源2025年前三季度实现归母净利润7.88亿元，同比增长 748.07%；2025年Q3实现归母净利润4.11亿元，同比增加154.48%。稀土产品价格上涨，带动业绩高 增。资源布局全球化，提高上游资源保障。公司Tajiri项目资源量达2.68亿吨，年底有望投产；马达加斯 加重砂矿前期推进顺利。锆产品广泛应用于军工与高端制造领域，钛资源具战略价值，整体业务正形成 稀土与锆钛双线协同发展的格局。公司具备完整的稀土产业链，将海外优质资源和国内优质产业相结 合，全球资源布局与长期供给保障,随着产量提升及稀土价格企稳回升，公司业绩有望持续增长。按照 最新股价测算，对应PE估值分别为46.30、43.54和40.30倍，给予公司"增持"的投资评级。 ...

Investment Rating - The report assigns a "Buy" rating to the company [4][7]. Core Insights - The company's revenue for the first three quarters of 2025 reached 10.456 billion yuan, a year-on-year increase of 26.87%, while the net profit attributable to shareholders was 788 million yuan, up 748.07% year-on-year [2][21]. - The significant performance improvement is attributed to the substantial increase in prices of key rare earth products and the company's effective market strategies [2][21]. - The company has completed the acquisition of Peak Company, enhancing its global resource control in the rare earth sector [3][14]. Summary by Sections 1. Global Resource Layout and Upstream Resource Security - The company has a complete rare earth industry chain and is actively acquiring overseas resources, including a 100% stake in Peak Company, which owns the Ngualla rare earth project in Tanzania, expected to start production in 2026 with an annual output of 18,000 tons of rare earth concentrate [3][14]. - The company is also involved in the zircon-titanium business, with projects in Tanzania and Madagascar, aiming to enhance production capacity [3][19]. 2. Performance Recovery Driven by Price Increases - The company experienced a rebound in performance due to rising prices of rare earth products, with a notable increase in sales volume compared to the previous year [2][21]. - The average price of praseodymium and neodymium oxide reached 541,000 yuan per ton as of November 6, 2025, reflecting a 35.93% increase since the beginning of the year [2][21]. 3. Profit Forecast and Valuation - The company is expected to see continued profit growth, with net profits projected at 840 million yuan, 893 million yuan, and 965 million yuan for 2025, 2026, and 2027, respectively [4][6]. - The estimated earnings per share for the same years are 0.48 yuan, 0.51 yuan, and 0.55 yuan, with corresponding P/E ratios of 46.30, 43.54, and 40.30 [4][6].

盛和资源控股股份有限公司 关于为控股子公司提供担保的进展公告 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、完整性承担个别及连带责任。 重要内容提示： 被担保人名称：四川省乐山市科百瑞新材料有限公司（以下简称"科百瑞"） 为盛和资源下属全资孙公司。 本次担保金额及已实际为其提供的担保余额：2025 年 10 月，公司在 2024 年年 度股东大会批准的担保额度范围内为科百瑞提供的融资担保金额为 10,000.00 万元。 截止 2025 年 10 月 31 日，公司及下属控股子公司为科百瑞提供融资担保余额为 23,000.00 万元。 一、担保情况概述 公司第八届董事会第二十次会议及 2024 年年度股东大会先后审议通过了《关于 2025 年度预计担保额度的议案》，根据公司及下属控股子公司 2025 年度生产经营和对 外投资计划的融资需求，同意公司为合并范围内控股子公司提供不超过 450,000 万元 （含之前数）的担保额度，用于办理包括但不限于长、短期贷款、票据、信用证、保 理等融资业务，本次预计提供担保总额占 2024 年经审计净资产的比例为 ...

Core Insights - The importance of non-ferrous metals is highlighted by two significant announcements: the inclusion of copper, silver, and uranium in the U.S. critical minerals list and China's commitment to optimizing export control processes for rare earths and other dual-use items [1][2]. Group 1: U.S. Critical Minerals List - The U.S. Geological Survey released the 2025 critical minerals list, which includes ten newly added minerals such as boron, copper, lead, metallurgical coal, phosphates, potassium salts, rhenium, silicon, silver, and uranium [1]. - Minerals on this list will receive government funding support and expedited approval processes, emphasizing their strategic importance in the current international context [1]. Group 2: China's Export Control Measures - China's Ministry of Commerce stated that items like rare earths have dual-use properties and will be permitted for compliant applications, aiming to enhance communication and cooperation with other countries [1]. - The focus is on ensuring the stability and security of global supply chains while promoting compliant trade practices [1]. Group 3: Market Dynamics and Investment Opportunities - The non-ferrous metals sector is expected to benefit from "resource nationalism," which exacerbates supply-demand conflicts as resource-rich countries tighten controls, leading to increased development costs and potential price surges for strategic metals like copper [1]. - The anticipated start of a new macroeconomic cycle, indicated by narrowing declines in the Producer Price Index (PPI), suggests that industrial and minor metals may become core investment targets in the upcoming market [1]. Group 4: Performance of Non-Ferrous Metals Sector - The non-ferrous metals sector has seen a significant increase of 74.68%, leading the industry, supported by strong fundamentals [2]. - Among the 60 stocks in the leading non-ferrous metals ETF (159876), 56 companies reported profits, with 44 showing year-on-year net profit growth, including notable increases from companies like Chuangjiang New Material and Guocheng Mining [2]. Group 5: Investment Strategy - Direct investment in the non-ferrous metals sector allows investors to benefit from both the safe-haven value of precious metals and the growth potential of industrial metals in high-demand sectors like renewable energy and aerospace [2]. - The non-ferrous metals ETF (159876) provides a diversified approach, tracking a range of metals including copper, aluminum, gold, rare earths, and lithium, which helps mitigate risks associated with investing in single metal sectors [3].

证券代码：600392 证券简称：盛和资源 公告编号：临 2025-062 盛和资源控股股份有限公司 关于 2025 年第三季度业绩说明会召开情况的公告 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、完整性承担个别及连带责任。 盛和资源控股股份有限公司（以下简称"公司"）于 2025 年 10 月 30 日在《中 国证券报》《上海证券报》《证券时报》《证券日报》及上海证券交易所网站披露 了《盛和资源控股股份有限公司关于召开 2025 年第三季度业绩说明会的公告》（公 告编号：临 2025-058）。2025 年 11 月 6 日 11:00 时至 12:00 时，公司在上海证券 交易所上证路演中心（网址：http://roadshow.sseinfo.com/）以网络文字互动形 式召开了公司 2025 年第三季度业绩说明会。现将本次业绩说明会的有关事项公告 如下： 一、本次业绩说明会召开情况 2025 年 11 月 6 日，公司总经理黄平先生、副总经理兼董事会秘书郭晓雷先生、 副总经理兼财务总监李抗先生、独立董事周玮先生出席了本次说明会。公司针对 ...

盛和资源公告称，2025年11月6日公司召开第三季度业绩说明会。2025年第3季度公司实现营收42.77亿 元，同比增长52.59%；1-3季度营收104.56亿元，同比增长26.87%。公司下属坦桑尼亚Fungoni重砂项目 产量稳步攀升，计划年底完成15万吨/年产能建设；Tajiri重砂项目正推进生产线建设。此外，公司9月已 完成对澳大利亚匹克公司收购，后续将适时公告项目进展。 ...

Core Insights - The company has a sufficient order backlog and is operating at a high capacity utilization rate [1] - Following the suspension of export controls related to rare earths, prices for major rare earth products have shown a fluctuating upward trend [1] Group 1 - The company's general manager, Huang Ping, highlighted the strong order backlog during the Q3 2025 earnings presentation [1] - The current capacity utilization rate of the company is at a high level, indicating robust operational efficiency [1] Group 2 - The market trend indicates that after the pause in export controls on rare earths, there has been a noticeable increase in the prices of key rare earth products [1]

（QFII）和沪股通投资者按10%的税率代扣所得税，扣税后每股实际发放现金红利0.045元。其他机构 投资者的股息红利所得税由其自行缴纳。 最新公告列表 《盛和资源控股股份有限公司2025年中期权益分派实施公告》 截至2025年11月5日收盘，盛和资源（600392）报收于22.13元，较前一交易日下跌1.69%，最新总市值 为387.9亿元。该股当日开盘22.0元，最高22.3元，最低21.88元，成交额达10.13亿元，换手率为2.62%。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 公司近日发布《2025年中期权益分派实施公告》。本次利润分配方案已于2025年9月15日经第三次临时 股东大会审议通过，以公司总股本1,752,826,570股为基数，向全体股东每股派发现金红利0.05元（含 税），合计派发现金红利87,641,328.50元。股权登记日为2025年11月12日，除权（息）日与现金红利发 放日均为2025年11月13日。A股无限售流通股的现金红利由中国证券登记结算有限责任公司上海分公司 通过资金清算系统代为派发 ...