Core Viewpoint - Guizhou Yanfeng Platinum Industry Co., Ltd. (贵研铂业) is enhancing its competitiveness through strategic investments and a focus on high-quality development in the precious metals sector, with a total investment of 384 million yuan in a new industrial catalyst project [1][2]. Investment and Expansion - The company plans to invest 384 million yuan in a precious metal industrial catalyst project in Anning, Yunnan, to increase production capacity and strengthen its competitive position in the market [2]. - Guizhou Yanfeng Platinum has been expanding its asset scale, with total assets reaching 16.942 billion yuan as of March 2025, a year-on-year increase of 19.48% [1][7]. Financial Performance - In 2024, the company achieved a revenue of 47.504 billion yuan, a year-on-year growth of 5.36%, and a net profit of 579 million yuan, up 23.74%, marking the ninth consecutive year of double growth in revenue and profit [4][5]. - The company aims to reach a revenue target of 50 billion yuan in 2025 [7]. Business Segments - The precious metal secondary resource recycling segment showed significant growth in 2024, with platinum group metal recovery increasing by over 20%, gold recovery by over 200%, and silver recovery by over 10% [5]. - The precious metal new materials manufacturing segment also saw breakthroughs, with production of precursor products increasing by over 20% and automotive exhaust purification catalysts by 22% [5]. Research and Development - The company has a strong focus on R&D, with 615 R&D personnel accounting for 30.80% of the total workforce, and R&D expenses exceeding 300 million yuan annually from 2022 to 2024 [6][7]. - In the first quarter of 2025, R&D expenses grew by 12.83% year-on-year to 64.84 million yuan [7]. Strategic Initiatives - Guizhou Yanfeng Platinum is committed to the development of high-end materials and the circular economy, while also deepening its international presence to address challenges from price fluctuations and increased competition in the precious metals industry [7].

Group 1 - The company held its 14th meeting of the 8th Board of Directors on June 11, 2025, where all 8 participating directors voted unanimously on several proposals [1][3][4] - The company approved a donation of 1.56 million yuan to Shangjiang Township in Xianggelila City for various support initiatives [2][3] - The company plans to invest in the construction of a precious metal industrial catalyst project with a total investment of 383.91 million yuan [11][13][15] Group 2 - The company intends to acquire a 25% stake in Guoyan Industrial Catalyst (Yunnan) Co., Ltd. from Lanzhou Xinlian Environmental Technology Co., Ltd., valued at approximately 19.59 million yuan [3][4][9] - The financial audit committee and strategic investment development committee reviewed the proposals before the board meeting, ensuring compliance and protection of minority shareholders' rights [5][6] - The investment in the catalyst project aligns with the company's strategic goals for high-quality development in the precious metals industry [16][17] Group 3 - The company provided a guarantee for its wholly-owned subsidiary, Sino-Platinum Metals (Singapore) Pte. Ltd., with a maximum credit limit of 100 million yuan and 6 million USD [22][24] - The total assets of the Singapore subsidiary were reported at approximately 41.44 million USD, with a net asset of about 22.27 million USD as of December 31, 2024 [26] - The guarantee is deemed necessary and reasonable to support the subsidiary's hedging business and working capital needs [31][32]

云南省贵金属新材料控股集团股份有限公司 贯彻落实"三重一大"决策制度的实施办法 第一章 总 则 第一条 为进一步规范云南省贵金属新材料控股集团股份有限公司（以下简称集 团或公司）决策行为，提高治理管控水平，防范决策风险，保障公司科学发展，根 据《关于进一步推进国有企业贯彻落实"三重一大"决策制度的意见》（中办发 〔2010〕17 号）、《关于进一步推进国有企业贯彻落实"三重一大"决策制度的实 施意见》（云办发〔2010〕28 号）、《关于云南省国有企业在完善公司治理中加强 党的领导的实施意见》（云办发〔2022〕40 号）、《关于印发〈省属企业各治理主体经 营管理事项权责清单（试行）〉的通知》（云国资企管〔2023〕85 号）等文件精神及 《云南省贵金属新材料控股集团股份有限公司章程》，结合集团实际，制定本实施 办法。 第二条 本办法中所指"三重一大"事项是指集团重大决策事项、重要人事任免 事项、重大项目安排事项和大额度资金运作事项。 （一）重大决策事项，是指依照国家法律法规和党内法规，应当由集团股东会、 党委会、董事会和职工代表大会决定的事项。主要包括贯彻执行党和国家的路线方 针政策、法律法规和上级重要决定 ...

关于为子公司担保进展的公告 证券简称：贵研铂业 证券代码：600459 公告编号：临 2025-029 云南省贵金属新材料控股集团股份有限公司 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： ●被担保公司名称：Sino-Platinum Metals (Singapore) Pte. Ltd.中文名：贵研金 属（新加坡）有限公司（简称"新加坡公司"） ●本次担保金额及已实际为子公司提供的担保余额：本次公司为全资子公司新加坡公 司提供最高不超过 10,000.00 万人民币和 600.00 万美元银行授信额度担保。截至目前， 累计为子公司提供的实际担保余额为人民币 5,733.83 万元（含本次实际担保额）。 ●本次是否有反担保：新加坡公司为公司全资子公司，本次担保无反担保 ●对外担保逾期的累计数量：公司无逾期对外担保。 云南省贵金属新材料控股集团股份有限公司（以下简称"公司"）第八届董事会第十 二次会议和 2024 年年度股东大会，审议通过了《关于公司为控股子公司银行授信额度提 供担保》的预案，同意公司为 ...

证券简称：贵研铂业 证券代码：600459 公告编号：临 2025－028 云南省贵金属新材料控股集团股份有限公司 关于贵研工业催化剂（云南）有限公司投资建设贵金属工业催化 剂产业化项目的公告 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、准确性和完整性承担个别及连带责任。 重要内容提示： 投资标的名称：贵金属工业催化剂产业化项目 项目总投资：38,391.19万元 一、项目投资概述 1、投资基本情况 为进一步落实贵金属产业高质量发展的战略部署要求，提升贵金属工业催化剂产品 的产能规模，加强业务布局，强化在贵金属工业催化剂领域的竞争力，公司控股子公司 贵研工业催化剂（云南）有限公司（以下简称"贵研工催公司"）拟在云南省昆明市安 宁产业园区草铺化工园区投资建设贵金属工业催化剂产业化项目。项目总投资 38,391.19 万元。 2、董事会审议表决情况 公司第八届董事会第十四次会议审议通过了《关于贵研工业催化剂（云南）有限公 司投资建设贵金属工业催化剂产业化项目的议案》。根据《上海证券交易所股票上市规 则》及《公司章程》等相关规定，本次投资事项无需提交股东大会 ...

云南省贵金属新材料控股集团股份有限公司 第八届监事会第十三次会议决议公告 本公司监事会及全体监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。 云南省贵金属新材料控股集团股份有限公司第八届监事会第十三次会议于 2025 年 6 月 11 日采用通讯表决的方式召开,应参加监事 3 名,实际参加监事 3 名，监事会 主席郑春莉女士主持会议。会议符合《公司法》和《公司章程》的有关规定。 证券简称：贵研铂业 证券代码：600459 公告编号：临 2025－027 会议经以投票表决方式，一致通过以下议（预）案： 一、《关于公司对外捐赠的议案》 云南省贵金属新材料控股集团股份有限公司监事会 2025 年 6 月 12 日 1 二、《关于<公司拟收购兰州新联环保科技有限公司持有的贵研工业催化剂（云南） 有限公司 25%股权价值资产评估报告>的议案》 会议以 3 票同意、0 票反对、0 票弃权，一致通过《关于<公司拟收购兰州新联环 保科技有限公司持有的贵研工业催化剂（云南）有限公司 25%股权价值资产评估报告> 的议案》 特此公告。 会议以 3 票同意、0 ...

证券简称：贵研铂业 证券代码：600459 公告编号：临 2025-026 云南省贵金属新材料控股集团股份有限公司 第八届董事会第十四次会议决议公告 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。 云南省贵金属新材料控股集团股份有限公司（以下简称"本公司"或"公司"）第八 届董事会第十四次会议通知于 2025 年 6 月 5 日以传真和书面形式发出，会议于 2025 年 6 月 11 日以通讯表决方式举行。 公司董事长王建强先生主持会议，应参加表决的董事 8 名，实际参加表决的董事 8 名。会议符合《公司法》和《公司章程》的规定。 3、《关于<公司拟收购兰州新联环保科技有限公司持有的贵研工业催化剂（云南）有 限公司 25%股权价值资产评估报告>的议案》 根据北京亚超资产评估有限公司出具的《云南省贵金属新材料控股集团股份有限公司拟收购兰州 新联环保科技有限公司持有的贵研工业催化剂（云南）有限公司 25%股权价值资产评估报告》（北京亚 超评报字（2025）第 A143 号），公司拟收购的兰州新联环保科技有限公司持有的贵研工业 ...

Group 1 - The A-share small metal sector experienced an initial rise, with Haotong Technology and Xingye Silver Tin both increasing by over 6% [1] - Other companies such as Guiyan Platinum Industry, Xianglu Tungsten Industry, Guangsheng Nonferrous, Yian Technology, and Zhangyuan Tungsten Industry also saw gains [1]

Overview - The silver powder and silver paste industry in China is experiencing rapid growth due to the development of downstream industries such as photovoltaics and electronic information. In 2024, silver powder production is expected to reach 13,465.8 tons, and silver paste production is projected to be 22,028.9 tons. The demand for silver powder is estimated at 16,445.3 tons, while silver paste demand is expected to be 22,037.1 tons. The market size for silver powder is projected to be 49.32 billion yuan, and for silver paste, it is expected to reach 122.13 billion yuan. The "dual carbon" goals are anticipated to further boost market demand in the photovoltaic sector [1][12]. Market Policies - The Chinese government has implemented various policies to support the development of the new energy industry, which indirectly benefits the silver powder and silver paste market. Key policies include guidelines for promoting photovoltaic power generation, managing land use, and enhancing renewable energy consumption. These initiatives create a broader market space for silver powder and silver paste in the photovoltaic sector [5][7]. Industry Chain - The silver powder and silver paste industry consists of an upstream segment that includes silver mining, silver recycling, and the production of glass oxides and organic solvents. The midstream involves the manufacturing of silver powder and silver paste, while the downstream applications primarily focus on photovoltaics and electronic information sectors, with photovoltaics being the most significant market for silver powder and paste [8][10]. Development Status - The silver powder and silver paste industry is in a golden period of rapid development, driven by the booming photovoltaic and electronic information sectors. In 2024, the silver powder market size is expected to reach 49.32 billion yuan, and the silver paste market size is projected to be 122.13 billion yuan. The growth in the clean energy sector is expected to further enhance the demand for silver powder and paste [12][14]. Competitive Landscape - The domestic market for silver powder and silver paste has historically been dominated by foreign companies, but local firms are increasingly breaking this monopoly through enhanced R&D and improved product quality. Key players in the industry include Suzhou Guder, Dike, Boqian New Materials, and others, primarily located in Jiangsu, Zhejiang, and Guangdong provinces. The trend indicates a growing market share for domestic products in the global market [16][18]. Industry Representative Companies - Dike Electronic Materials Co., Ltd. has become a leading supplier of photovoltaic metallization paste, significantly contributing to the domestic market's growth. In 2024, the company's revenue is expected to reach 15.35 billion yuan, with photovoltaic conductive silver paste accounting for 83.81% of its total revenue [18]. - Suzhou Guder Electronic Co., Ltd. is recognized as a pioneer in the domestic production of photovoltaic cell conductive paste, with a comprehensive product range. The company's revenue in 2024 is projected to be 5.638 billion yuan, with its new energy materials business contributing 4.609 billion yuan [20]. Development Trends - The silver powder and silver paste industry is expected to see continuous technological innovation, focusing on developing new high-efficiency conductive materials and techniques. There will be an emphasis on green production and circular economy practices, with companies increasing investments in environmentally friendly materials and processes to reduce pollution and enhance resource recycling [22].

Group 1 - The company has approved the repurchase and cancellation of 487,920 restricted shares due to 14 original incentive recipients no longer qualifying for the incentive plan [2] - The repurchase will reduce the company's registered capital from 760,295,046 yuan to 759,807,126 yuan and total shares from 760,295,046 to 759,807,126 [2] - The repurchase funds will come from the company's own funds [2] Group 2 - The company is notifying creditors that they have 45 days from the announcement date to request debt repayment or guarantees [3] - Creditors must submit written requests along with relevant documentation according to the Company Law and other regulations [3] - The deadline for creditors to submit claims is within 45 days starting from May 16, 2025 [3]