云南驰宏锌锗股份有限公司 第八届董事会第二十八次会议决议公告 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。 证券代码：600497 证券简称：驰宏锌锗 公告编号：临 2026-002 （二）审议通过《关于审议公司与中铝商业保理有限公司签订保理业务框架 合作协议的议案》（详见公司"临 2026-004"号公告） 一、董事会会议召开情况 1.云南驰宏锌锗股份有限公司（以下简称"公司"）第八届董事会第二十八 次会议的召集和召开符合《公司法》《证券法》《上海证券交易所股票上市规则》 和《公司章程》等有关规定。 2.会议通知于2026年1月22日以电子邮件和专人送达的方式发出。 3.会议于2026年1月28日以通讯方式召开。 4.会议应出席董事10人，实际出席董事10人。 二、董事会会议审议情况 （一）审议通过《关于审议公司与中铝融资租赁有限公司签订融资租赁框架 合作协议的议案》（详见公司"临2026-003"号公告） 表决结果：同意 7 票，反对 0 票，弃权 0 票。 在表决该事项时，关联董事杨美彦先生、明文良先生和姚红海先 ...

驰宏锌锗公告，为进一步改善公司全资子公司呼伦贝尔驰宏的财务状况，满足其未来经营发展的资金需 求，提高其抗风险能力，夯实其盈利基础，结合公司的业务实际和呼伦贝尔驰宏发展规划，公司拟以自 有资金对呼伦贝尔驰宏增资人民币33亿元，主要用于偿还内部借款、补充其流动资金和铅锌冶炼挖潜增 效项目建设。 ...

Group 1 - The core viewpoint of the articles highlights the strong performance of precious metals, particularly gold and silver, driven by geopolitical risks and central bank purchases [1][2] - As of January 28, the spot gold price surpassed $5200 per ounce, with major gold jewelry brands in China quoting prices above 1600 yuan per gram [1] - The global official gold reserves have surpassed U.S. Treasury securities for the first time in 30 years, indicating a shift in reserve asset preferences [1] Group 2 - In the copper market, Zambia's copper production is expected to grow by 8% to 890,346 tons by 2025, although it falls short of the 1 million tons target [2] - The London Metal Exchange copper price fell below $13,000, but long-term demand is supported by investments in AI data centers and China's State Grid [2] - The silver market has seen a year-to-date increase of over 55%, with a single-day jump of 8% on January 27 [2] Group 3 - The Precious Metals ETF (516650) closely tracks a series of sub-indices, selecting 50 large, liquid listed companies from related sectors, with top holdings including Shandong Gold and Zhongjin Gold [2]

锌矿供给端持续收紧，国内冶炼企业节前补库动作带动原料需求上行，亚非拉地区再工业化进程对镀锌 产品刚需增长，相关产业基本面呈现向好态势。上期所对锌期货相关合约调整交易规则，完善市场交易 环境，助力产业平稳运行。 镀锌制品行业：作为锌下游应用核心领域，受益于亚非拉地区制造业与基建复苏，海外镀锌板订单需求 逐步增长，国内镀锌企业出口业务规模有望扩大，带动行业产能利用率提升，同时国内基建项目开工预 期也将支撑国内镀锌产品需求。 有色金属矿采选业：锌矿采选是产业链上游环节，矿端供给紧张态势下，拥有优质锌矿储备的企业原料 自给率优势凸显，能够抵御原料价格波动风险，保障生产稳定性，部分企业通过扩产与技改提升锌精矿 产能，进一步巩固行业地位。 产业链公司 驰宏锌锗：公司主营锌、铅、锗系列产品的采选、冶炼、深加工与销售，拥有丰富的锌矿资源储备，原 料自给率处于行业较高水平，同时布局锌深加工业务，延伸产业链条，产品覆盖多个下游应用领域。 市场对锌的炒作集中在三方面。一是逆全球化背景下，亚非拉国家基建与制造业复苏拉动锌的工业需 求，市场此前对这一需求增量关注度不足；二是锌矿供给端持续偏紧，冶炼费下行印证原料紧张格局， 供需错配预期 ...

南方财经1月26日电，有色金属板块盘初大涨，盛达资源、铜陵有色、国城矿业、豫光金铅盘中创新 高，金徽股份、永杰新材涨停，新威凌涨超15%，白银有色、锌业股份、豪美新材、驰宏锌锗、中色股 份跟涨。 ...

Investment Rating - The report maintains a "Positive" outlook on the non-ferrous metals industry [5] Core Viewpoints - The gold-silver ratio has broken through 50, indicating that precious metals are likely to lead industrial metals in accelerating price increases. Recent significant price increases in silver reflect a broader trend of rising physical metal prices as a response to the weakening trust in fiat currency systems [7][12] - The long-term debt cycle is entering its late stage, with rising physical metal prices signaling a loss of confidence in existing fiat currency systems. This trend is expected to continue, with precious metals likely to set new historical price records in 2026 [12] - Zinc is viewed as an overlooked foundational material in the context of de-globalization, with favorable supply-demand dynamics suggesting continued price increases. The report highlights the potential for increased demand from re-industrialization efforts in Asia, Africa, and Latin America [13] - The aluminum sector is expected to benefit from geopolitical concerns, with China's electrolytic aluminum industry poised to enjoy valuation premiums due to its supply chain security and competitive advantages [13] Summary by Sections Precious Metals - The report emphasizes the potential for precious metals to lead industrial metals in price increases, driven by a breakdown in the gold-silver ratio and a late-stage long-term debt cycle [7][12] - Specific investment opportunities include companies like Chifeng Jilong Gold Mining (600988) and others in the precious metals sector [7] Zinc Sector - The report identifies zinc as a critical material in the context of re-industrialization, with supply constraints and increasing demand expected to drive prices higher [13] Aluminum Sector - The report highlights the competitive advantages of China's electrolytic aluminum industry, which is expected to benefit from geopolitical tensions and supply chain security [13] Steel Sector - The steel industry is currently facing weak fundamentals as it approaches the seasonal low period before the Spring Festival, with expectations for policy measures to support the industry [14] - Steel production and consumption metrics indicate a slight increase in iron output but a decrease in rebar demand, reflecting a mixed outlook for the sector [19][26] New Energy Metals - The report notes significant increases in lithium and cobalt prices, with production metrics showing substantial year-on-year growth in lithium carbonate output [37][46] - The demand for new energy vehicles remains strong, with production and sales figures indicating continued growth in the sector [41] Industrial Metals - The report discusses the overall upward trend in industrial metal prices, driven by political policy risks and supply reduction expectations [56] - Specific metrics indicate rising copper production and declining refining fees, suggesting a tightening supply environment [57]

Investment Rating - The report maintains a "Positive" outlook on the non-ferrous metals industry [5] Core Insights - The gold-silver ratio has broken through 50, indicating that precious metals are likely to lead industrial metals in accelerating price increases. Recent significant price increases in silver reflect a broader trend of rising physical metal prices as a response to the weakening trust in fiat currency systems [7][12] - The long-term debt cycle is entering its late stage, with rising physical metal prices signaling a loss of confidence in existing fiat currency systems. This trend is expected to continue into 2026, with precious metals likely to set new historical price records [12] - Zinc is identified as an overlooked material in the context of de-globalization, with favorable supply-demand dynamics suggesting continued price increases. The report highlights the potential for increased demand from re-industrialization efforts in Asia, Africa, and Latin America [13] - The aluminum sector is expected to benefit from geopolitical concerns, with China's electrolytic aluminum industry poised to enjoy valuation premiums due to its supply chain security and competitive advantages [13] Summary by Sections Precious Metals - The report emphasizes the importance of precious metals in preserving wealth amid a declining trust in fiat currencies, recommending active investment in this sector [12] Zinc Sector - The report suggests that zinc, as a fundamental material for de-globalization, will see increased demand driven by infrastructure needs in emerging markets, despite current market skepticism [13] Aluminum Sector - The electrolytic aluminum industry in China is expected to benefit from enhanced supply chain security and competitive advantages, with a positive outlook for profitability and valuation [13] Steel Industry - The steel sector is currently facing weak fundamentals as it approaches the seasonal low around the Spring Festival, with expectations for policy measures to support the industry [14] - Steel production has seen a slight increase, but demand for rebar is weakening, indicating a mixed outlook for the sector [19] New Energy Metals - Lithium and carbonate prices have shown significant increases, with production levels rising sharply, indicating strong demand in the new energy vehicle sector [37][41] - The report notes a substantial increase in the production of lithium carbonate and hydroxide, reflecting the growing demand for electric vehicles [37] Industrial Metals - The report indicates that political risks and supply constraints are contributing to an overall increase in industrial metal prices, with copper production expected to rise despite declining refining fees [56][57]

证券日报网讯1月23日，驰宏锌锗（600497）在互动平台回答投资者提问时表示，截至2026年1月20日， 公司股东总数16.68万户。 ...

证券日报网讯 1月23日，驰宏锌锗（600497）在互动平台回答投资者提问时表示，公司2026年产量规划 尚未披露，可关注2026年3月27日公司将发布的定期报告。公司呼伦贝尔驰宏稀贵金属综合回收项目已 于2025年9月建设完工，2026年1月份投产，驰宏资源综合利用的稀贵金属改造升级项目尚处于前期谋划 阶段；截至目前，金鼎锌业和云铜锌业尚未满足注入上市公司的条件，目前正在加快推进影响注入问题 的解决。 ...

Group 1 - The core point of the article highlights that Yunnan Chihong Zn & Ge Co., Ltd. achieved a transaction volume of 2.597 billion yuan, marking the highest level since July 10, 2023 [2] - The latest stock price increased by 7.91%, with a turnover rate of 5.21% [2] - The previous trading day's total transaction volume for the stock was 1.492 billion yuan [2] Group 2 - Yunnan Chihong Zn & Ge Co., Ltd. was established on July 18, 2000, with a registered capital of 5,040.38 million yuan [2]