Group 1 - The core viewpoint of the news is that Baotai Co., Ltd. experienced a stock price increase of 5.31%, reaching 36.66 yuan per share, with a trading volume of 1.55 billion yuan and a turnover rate of 9.09%, resulting in a total market capitalization of 17.515 billion yuan [1] - Baotai Co., Ltd. is located in Baoji City, Shaanxi Province, and was established on July 21, 1999, with its listing date on April 12, 2002. The company primarily engages in the production, processing, and sales of titanium and titanium alloys [1] - The revenue composition of Baotai Co., Ltd. includes titanium products at 86.74%, other metal products at 8.74%, and other supplementary products at 4.52% [1] Group 2 - From the perspective of the top ten circulating shareholders of Baotai Co., Ltd., a fund under Guotai Fund ranks among the top shareholders. The Guotai Zhongzheng Military Industry ETF (512660) reduced its holdings by 569,300 shares in the third quarter, holding a total of 2.7753 million shares, which accounts for 0.58% of the circulating shares [2] - The Guotai Zhongzheng Military Industry ETF (512660) was established on July 26, 2016, with a latest scale of 14.109 billion yuan. Year-to-date returns are 19.02%, ranking 2592 out of 4197 in its category; the one-year return is 18.32%, ranking 2501 out of 4147; and since inception, the return is 23.98% [2] - The fund manager of Guotai Zhongzheng Military Industry ETF (512660) is Ai Xiaojun, who has a cumulative tenure of 11 years and 344 days, managing total fund assets of 169.029 billion yuan, with the best fund return during his tenure being 274.94% and the worst being -46.54% [2]

据天眼查APP显示，宝鸡钛业股份有限公司成立于1999年07月21日，注册资本47777.7539万人民币。 （数据宝） （文章来源：证券时报网） 数据宝统计，截至11:19，宝钛股份成交额10.22亿元，创2025年3月27日以来新高。最新股价上涨 8.96%，换手率6.23%。上一交易日该股全天成交额为3.31亿元。 ...

Group 1 - The core point of the news is that Baotai Co., Ltd. experienced a stock price increase of 5.24%, reaching 33.96 yuan per share, with a trading volume of 442 million yuan and a turnover rate of 2.76%, resulting in a total market capitalization of 16.225 billion yuan [1] - Baotai Co., Ltd. is located in Baoji City, Shaanxi Province, and was established on July 21, 1999, with its listing date on April 12, 2002. The company primarily engages in the production, processing, and sales of titanium and titanium alloys [1] - The revenue composition of Baotai Co., Ltd. includes titanium products at 86.74%, other metal products at 8.74%, and other supplementary products at 4.52% [1] Group 2 - Among the top ten circulating shareholders of Baotai Co., Ltd., one fund under Huaxia Fund holds a position. The Huaxia CSI 1000 ETF (159845) reduced its holdings by 3,900 shares in the third quarter, now holding 1.558 million shares, which accounts for 0.33% of the circulating shares [2] - The Huaxia CSI 1000 ETF (159845) was established on March 18, 2021, with a latest scale of 45.469 billion yuan. Year-to-date returns are 23.82%, ranking 2081 out of 4197 in its category; the one-year return is 20.07%, ranking 2420 out of 4143; and since inception, the return is 24.58% [2] - The fund manager of Huaxia CSI 1000 ETF (159845) is Zhao Zongting, who has a cumulative tenure of 8 years and 248 days, with a total fund asset scale of 355.865 billion yuan. The best fund return during his tenure is 120.53%, while the worst is -32.63% [2]

Group 1 - The core viewpoint of the news is that Baotai Co., Ltd. experienced a stock price increase of 5.24%, reaching 33.96 yuan per share, with a trading volume of 441 million yuan and a turnover rate of 2.76%, resulting in a total market capitalization of 16.225 billion yuan [1] - Baotai Co., Ltd. is located in Baoji City, Shaanxi Province, and was established on July 21, 1999, with its listing date on April 12, 2002. The company primarily engages in the production, processing, and sales of titanium and titanium alloys [1] - The main business revenue composition of Baotai Co., Ltd. includes titanium products at 86.74%, other metal products at 8.74%, and other supplementary products at 4.52% [1] Group 2 - Among the top ten circulating shareholders of Baotai Co., Ltd., a fund under Penghua Fund ranks first. The National Defense ETF (512670) increased its holdings by 266,700 shares in the third quarter, holding a total of 2.2051 million shares, which accounts for 0.46% of the circulating shares [2] - The National Defense ETF (512670) was established on July 5, 2019, with a latest scale of 6.985 billion yuan. It has achieved a year-to-date return of 17.24%, ranking 2870 out of 4197 in its category, and a one-year return of 17.18%, ranking 2806 out of 4143 [2] - The fund manager of the National Defense ETF (512670) is Chen Long, who has a cumulative tenure of 10 years and 112 days, with the fund's total asset scale at 16.073 billion yuan. The best fund return during his tenure is 189.66%, while the worst is -48.59% [2]

Group 1 - The core breakthrough of the peace agreement involves a shift from territorial deadlock to security guarantees, with key terms revised to focus on practical aspects like ceasefire and prisoner exchanges while postponing core disputes over territory and NATO membership [2][21] - Ukraine has accepted a collective defense commitment similar to NATO's Article 5 from the US and Europe, while excluding direct NATO membership, and the limit on the Ukrainian military size has been increased from 600,000 to 800,000, maintaining defense autonomy [2][21] Group 2 - The US is leading a transactional diplomacy approach, exchanging security guarantees for Ukrainian concessions, particularly targeting the development rights of Ukrainian mineral resources, with 50% of the reconstruction fund's revenue allocated to the US [3][22] - Europe is participating passively, with Germany, France, and the UK proposing a modified peace plan emphasizing that territorial issues should be decided by a national referendum in Ukraine, attempting to weaken US unilateral dominance [3][22] Group 3 - Ukraine's compromise is driven by dual pressures of military and economic exhaustion, with Russia controlling 120,000 square kilometers of Ukrainian territory (20% of the country), highlighting vulnerabilities in Ukraine's defense system [4][24] - The infrastructure in Ukraine has suffered systemic damage, necessitating a comprehensive ceasefire to ensure wartime elections, forcing Ukraine to trade resources for security [5][25] Group 4 - The US has a strategic interest in key minerals, with Ukraine's lithium and titanium reserves ranking among the top globally, and the mineral agreement stipulates that 50% of future mineral revenues will fund the US-led reconstruction efforts to offset military aid costs [6][26] Group 5 - The geopolitical landscape is shifting towards a tripartite balance among the US, Russia, and Europe, with the US prioritizing resource control through security agreements that bind Ukraine's mineral development rights, thereby diminishing Europe's economic influence in Ukraine [7][27] - There is a tacit agreement between the US and Russia, allowing Russia to maintain control over eastern Ukraine in exchange for halting further advances, which reduces US strategic investments [8][28] Group 6 - Europe faces a dilemma of marginalization, losing security discourse power, as Germany and France push for the "Eastern Sentinel" initiative to strengthen eastern defense but cannot prevent direct negotiations between the US and Russia [9][29] - The competition for resources is intensifying, with the EU submitting a mineral cooperation agreement to compete with the US for dominance over Ukrainian lithium and titanium [10][30] Group 7 - Investment opportunities arise from the urgent need for reconstruction in Ukraine's energy and transportation infrastructure, with international engineering firms like China Power Construction (601669) and China Communications Construction (601800) likely to secure contracts [11][31] - The repair of the electrical grid and construction of natural gas pipelines will drive equipment exports from companies like XJ Electric (000400) and Beiken Energy (002828) [12][32] Group 8 - The development of lithium mines in Ukraine will benefit battery manufacturers like CATL (300750) and Huayou Cobalt (603799) as they diversify their supply chains, while titanium processing will attract attention to Baotai Co. (600456) [13][33] - The restoration of the Black Sea grain corridor will benefit agricultural trade, reducing import costs for companies like COFCO Corporation (600737) and Suqian Agricultural Development (601952) [14][34] Group 9 - The peace agreement signals the start of a post-war reconstruction cycle, presenting structural opportunities in infrastructure, minerals, and agriculture, with investors needing to monitor the progress of the agreement and the dynamics of US-European resource competition [20][38]

特此公告。 宝鸡钛业股份有限公司董事会 2025年12月13日 1 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。 公司第八届董事会的任期将于近期届满。鉴于公司新一届董事会换届选举的 相关准备工作尚未完成，为了保持相关工作的连续性，公司董事会的换届选举工 作将延期进行，公司董事会各专门委员会、高级管理人员的任期亦相应顺延。公 司将积极推进董事会的换届工作进程，并及时履行相应的信息披露义务。 在公司董事会换届选举工作完成之前，公司第八届董事会全体成员、高级管 理人员及董事会聘任的其他人员将依照法律法规和《公司章程》的规定继续履行 相应的义务和职责。公司董事会延期换届不会影响公司的正常运营。 证券代码：600456 证券简称：宝钛股份 编号：2025－064 宝鸡钛业股份有限公司 关于董事会延期换届选举的提示性公告 ...

证券代码：600456 证券简称：宝钛股份 公告编号：2025-065 宝鸡钛业股份有限公司 关于召开2025年第四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： 一、 召开会议的基本情况 网络投票起止时间：自2025 年 12 月 30 日 至2025 年 12 月 30 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 互联网投票平台的投票时间为股东会召开当日的 9:15-15:00。 (六) 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 (一) 股东会类型和届次 2025年第四次临时股东会 召开的日期时间：2025 年 12 月 30 日 11 点 00 分 召开地点：陕西省宝鸡市高新区高新大道 88 号宝钛宾馆七楼会议室 (五) 网络投票的系统、起止日期和投票时间。 股东会召开日期：2025年12月30日 本次股东会采用的网络投票系统：上海证券交易 ...

宝鸡钛业股份有限公司（以下简称"公司"）于 2025 年 12 月 10 日收到上海 证券交易所（以下简称"上交所"）出具的《关于受理宝鸡钛业股份有限公司沪 市主板上市公司发行证券申请的通知》（上证上审（再融资）〔2025〕401 号)。 上交所依据相关规定对公司报送的沪市主板上市公司发行证券的募集说明书及 相关申请文件进行了核对，认为该项申请文件齐备，符合法定形式，决定予以受 理并依法进行审核。 公司本次向不特定对象发行可转换公司债券事项尚需通过上交所审核，并获 得中国证券监督管理委员会（以下简称"中国证监会"）作出同意注册的决定后 方可实施，最终能否通过上交所审核，并获得中国证监会同意注册的决定及其时 间尚存在不确定性。公司将根据该事项的进展情况，严格按照有关法律法规的规 定和要求及时履行信息披露义务，敬请广大投资者注意投资风险。 特此公告。 宝鸡钛业股份有限公司董事会 2025年12月12日 证券代码：600456 证券简称：宝钛股份 编号：2025－063 宝鸡钛业股份有限公司 关于向不特定对象发行可转换公司债券申请 获得上海证券交易所受理的公告 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 ...

股票简称：宝钛股份 股票代码：600456 宝鸡钛业股份有限公司 Baoji Titanium Industry Co.,Ltd. （陕西省宝鸡市高新开发区高新大道 88 号） 向不特定对象发行可转换公司债券 募集说明书 （申报稿） 保荐人（主承销商） （陕西省西安市新城区东新街 319 号 8 幢 10000 室） 二〇二五年十二月 宝鸡钛业股份有限公司 向不特定对象发行可转换公司债券募集说明书 发行人声明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对申请 文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的 盈利能力、投资价值或者对投资者的收益作出实质性判断或保证。任何与之相反 的声明均属虚假不实陈述。 根据《证券法》的规定，证券依法发行后，发行人经营与收益的变化，由发 行人自行负责。投资者自主判断发行人的投资价值，自主作出投资决策，自行承 担证券依法发行后因发行人经营与收益变化或者证券价格变动引致的投资风险。 1 宝鸡钛业股份有限公司 向不特定对象发行可转换公司债券募集说明书 重大事项提示 公司特别提请投资者注意，在作出投资决策之前，务必仔细阅读本募集说明 书正文内容 ...

北京观韬律师事务所 法律意见书 北京观韬律师事务所 关于宝鸡钛业股份有限公司 向不特定对象发行可转换公司债券的 法律意见书 观意字 2025BJ003157 号 北京观韬律师事务所 Guantao Law Firm 北京市西城区金融大街 5 号新盛大厦 B 座 19 层 邮编：100032 电话：86 10 6657 8066 传真：86 10 6657 8016 E-mail: guantao@guantao.com http：//www.guantao.com | | | 北京观韬律师事务所 法律意见书 释 义 在本法律意见书内，除非文义另有所指，下列词语具有下述含义： | 发行人、宝钛股份、 | 指 | 宝鸡钛业股份有限公司 | | --- | --- | --- | | 公司 | | | | 股票、A 股、新股 | 指 | 获准在上海证券交易所上市的以人民币认购和进行交易的、 | | | | 每股面值 1.00 元的记名式人民币普通股股票 | | 本次发行 | 指 | 宝鸡钛业股份有限公司向不特定对象发行可转换公司债券 | | | | 的行为 | | 可转债 | 指 | 可转换公司债券 | | 中国证 ...