Core Viewpoint - The surge in metal prices, particularly gold and silver, is driven by a combination of geopolitical risks, monetary policy expectations, and structural weaknesses in the dollar credit system, leading to significant investment opportunities in the precious metals sector [4][10]. Group 1: Metal Price Movements - On January 26, gold prices surpassed $5100 per ounce, while silver prices reached over $110 per ounce, marking a significant increase in the precious metals market [4][5]. - The A-share market saw the precious metals sector lead with a 7.3% increase, while basic metals also experienced a rise of 2.73% [2][3]. - Analysts predict that the overall strong trend in the precious metals market will continue, although caution is advised due to high volatility [4][10]. Group 2: Company Performance and Earnings - As of January 26, 73% of the 26 listed companies in the non-ferrous metals sector have reported positive earnings forecasts for 2025, largely attributed to rising metal prices [6][8]. - Companies like Zhao Jin Gold and Hunan Gold expect significant profit increases due to higher gold and other metal prices [7][8]. - The acquisition of gold mines by companies such as Luoyang Molybdenum indicates a strategic move to enhance production capabilities amid rising prices [8]. Group 3: Market Dynamics and Future Outlook - The current market dynamics suggest a potential for further price increases in metals, driven by global economic conditions and supply constraints [9][10]. - Analysts recommend a cautious approach to investment, suggesting strategies that include dollar-cost averaging and careful risk management [10][11]. - Regulatory measures may be implemented to curb excessive speculation in the metals market, emphasizing the need for compliance with trading rules [11].

5连板白银有色：公司白银产品的收入占总营业收入的比重较低。2025年上半年，公司营业收入445.59 亿元，销售白银产品收入20.23亿元，占公司营业收入的比重为4.54%； 2连板豫光金铅：近期公司产品白银价格出现较大涨幅，未来白银价格能否继续上涨或维持高位存在不 确定性； 铜陵有色：截至本公告披露日，米拉多铜矿二期工程正式投产的时间尚不确定，预计将对公司2026年的 经营业绩产生一定影响。 （文章来源：第一财经） 1月26日，现货黄金一度突破5100美元/盎司，最高报5111.17美元/盎司；现货白银一度升破110美元/盎 司，最高报110.88美元/盎司，双双创下历史新高。二级市场上，贵金属概念股今日大涨。截至收盘，贵 金属板块大涨7.30%，17只个股全线飘红。盘后，多只概念股发布异动或风险提示公告： ...

（编辑 王雪儿） 证券日报网讯 1月26日，豫光金铅发布公告称，公司股票于2026年1月22日、2026年1月23日、2026年1 月26日连续三个交易日内收盘价格涨幅偏离值累计达到20%，根据《上海证券交易所交易规则》的相关 规定，属于股票交易异常波动的情形。经公司自查并向控股股东河南豫光集团有限公司核实，截至本公 告披露日，公司、控股股东不存在应披露而未披露的重大信息。 ...

继1月25日股价录得涨停板后，1月26日，豫光金铅(600531)再度涨停，报收18.63元/股。进入2026年以 来，该公司股价累计涨幅已近60%。 26日晚间豫光金铅发布股票交易异常波动公告显示，股票于2026年1月22日、2026年1 月23日、2026年1 月26日连续三个交易日内收盘价格涨幅偏离值累计达到20%，根据《上海证券交易所交易规则》的相关 规定，属于股票交易异常波动的情形。经公司自查并向控股股东河南豫光集团有限公司（下称"豫光集 团"）核实，截至本公告披露日，公司不存在应披露而未披露的重大信息。 豫光金铅主要业务为铅锭、阴极铜、黄金、白银等有色金属及贵金属产品的冶炼和销售，主要产品为铅 锭、阴极铜、白银、黄金等，公司是国内铅锭和白银生产领域的龙头企业。 该公司年报显示，近些年来，公司围绕延链补链强链造链，大力推进现代化产业体系建设，加快发展新 质生产力，积极拓展战略新兴产业空间，推动主导产业和服务型制造业深度融合，做大做强冶金机械、 工程总包、有色金属贸易等产业链，加快布局以高纯金属、铅合金、新能源材料、稀贵稀散金属为核心 的"四大"新材料产业链，不断塑造发展新动能、新优势。 26日晚间公 ...

二、 现场会议召开的日期、时间和地点 河南豫光金铅股份有限公司 2026 年第一次临时股东会 会议文件 河南豫光金铅股份有限公司 2026 年 2 月 9 日 河南豫光金铅股份有限公司 2026 年第一次临时股东会会议文件 河南豫光金铅股份有限公司 2026 年第一次临时股东会会议议程 一、 投票方式：本次股东会采取现场投票和网络投票相结合的方式 召开的日期时间：2026年2月9日 14点30分 会议地点：公司310会议室（河南省济源市荆梁南街1号） 三、网络投票的系统、起止日期和投票时间 股权登记日登记在册的公司股东可通过上海证券交易所股东会网络投票系统行 使表决权。通过交易系统投票平台的投票时间为2026年2月9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2026年2月9 日的9:15-15:00。 四、会议主持人：公司董事长赵金刚先生 五、议程： （一）宣布会议开始，介绍参会股东、股东代表人数和代表股份数； （二）提名并通过本次股东会计票人、监票人名单； （三）审议议案： 1 议案一 关于公司 2026 年度开展商品期货 1、关于公 ...

证券代码：600531 证券简称：豫光金铅 公告编号：临 2026-012 河南豫光金铅股份有限公司 股票交易异常波动公告 ● 公司敬请广大投资者注意二级市场交易风险，理性决策，审慎投资。 一、 股票交易异常波动的具体情况 公司股票于 2026 年 1 月 22 日、2026 年 1 月 23 日、2026 年 1 月 26 日连续 三个交易日内收盘价格涨幅偏离值累计达到 20%，根据《上海证券交易所交易规 则》的相关规定，属于股票交易异常波动的情形。 二、公司关注并核实的相关情况 针对公司股票交易异常波动情况，公司对相关事项进行了核查，并问询了公 司控股股东，现将相关情况说明如下： （一）生产经营情况 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： ● 河南豫光金铅股份有限公司（以下简称"公司"）股票于 2026 年 1 月 22 日、2026 年 1 月 23 日、2026 年 1 月 26 日连续三个交易日内收盘价格涨幅偏 离值累计达到 20%，根据《上海证券交易所交易规则》的相关规定，属于股票交 ...

南财智讯1月26日电，豫光金铅公告，公司股票于2026年1月22日、2026年1月23日、2026年1月26日连续 三个交易日内收盘价格涨幅偏离值累计达到20%，根据《上海证券交易所交易规则》相关规定，属于股 票交易异常波动情形。经公司自查并向控股股东河南豫光集团有限公司核实，截至本公告披露日，公司 生产经营活动正常，市场环境及行业政策未发生重大调整；不存在应披露而未披露的重大信息，包括但 不限于重大资产重组、股份发行、收购、债务重组、业务重组、资产剥离、资产注入、股份回购、股权 激励、破产重整、重大业务合作、引进战略投资者等事项；未发现对公司股票交易价格可能产生重大影 响的媒体报道、市场传闻或热点概念；公司董事、高级管理人员及控股股东在本次异常波动期间不存在 买卖公司股票的情形。 ...

Core Viewpoint - The non-ferrous metal sector is experiencing significant growth, driven by high international gold prices and strong performance from leading companies, making it a focal point for investors in 2026 [1][2]. Group 1: Market Performance - The non-ferrous metal sector has outperformed other sectors, with the MSCI Metals and Mining Index rising nearly 90% since the beginning of 2025, surpassing semiconductor and global banking sectors [2]. - Major companies in the sector, such as Zijin Mining, are expected to report substantial profit increases, with projected net profits for 2025 reaching between 51 billion to 52 billion yuan, reflecting a year-on-year growth of 59% to 62% [2]. Group 2: Fund Inflows and ETF Growth - There has been a remarkable influx of capital into the non-ferrous metal sector, with over 36 billion yuan net inflow into non-gold themed ETFs as of January 22, 2026, pushing the total scale of these ETFs to over 100 billion yuan [3]. - The non-ferrous metal ETF (512400) reached a scale of 40 billion yuan, indicating strong investor interest and positioning in this sector [3]. - Public funds have significantly increased their holdings in the non-ferrous sector, with 15 related fund products reported in a short span from early December 2025 to mid-January 2026, indicating a robust investment trend [3]. Group 3: Geopolitical and Economic Factors - The non-ferrous metal sector is transitioning from traditional cyclical characteristics to a new phase characterized by a combination of safe-haven demand, strategic security, and tight supply-demand balance due to rising geopolitical risks [4]. - The recent surge in gold prices, surpassing 5,000 USD per ounce, and silver prices exceeding 100 USD per ounce, reflects a shift in the global monetary system and increased demand for these metals as safe-haven assets [4][5]. Group 4: Specific Metal Insights - Gold and silver are experiencing a "super cycle" driven by geopolitical conflicts, loss of confidence in the US dollar, and ongoing central bank purchases, making them attractive for investment [5]. - Copper prices are showing resilience due to strong pre-holiday stocking, with supply constraints emerging as copper concentrate treatment charges have dropped to negative values, indicating a tight supply situation [6]. - Aluminum prices are expected to rebound due to low global inventories and strong demand driven by investments in power grids and solar exports, despite slight domestic inventory increases [7]. - The strategic importance of metals like cobalt and lithium is being reaffirmed, with supply concentrated in regions like the Democratic Republic of Congo, highlighting their long-term investment potential [8].

Market Overview - The market is experiencing a unique situation where indices are rising, but individual stock sentiment has been lukewarm, indicating a clear cooling of market enthusiasm [1] - Despite maintaining trading volumes above 2 trillion yuan for over 20 consecutive trading days, there are signs of main funds reducing their holdings in broad-based ETFs, suggesting a cautious approach to the current market [1] Precious Metals Sector - The recent surge in the precious metals sector is driven by three core factors: enhanced financial attributes, industrial demand resonance, and supportive funding conditions, alongside geopolitical and policy cycle benefits [1] - Gold and silver have distinct upward trends, with gold's appeal as a "super-sovereign credit asset" becoming more pronounced as global central banks continue to increase their gold reserves [1] - The global central bank gold reserve ratio is projected to rise to 25.94% by January 2026, with China increasing its gold holdings for 14 consecutive months [1] Economic Indicators - Major economies are showing signs of weak recovery, compounded by trade tensions between the US and Europe, which further enhance the safe-haven value of precious metals [3] - The price of gold has surpassed $5,000 per ounce for the first time, with silver futures also experiencing significant gains, reflecting a broader trend of rising commodity prices [3][5] Sector Performance - The rare metals, gold concepts, and insurance sectors are performing strongly, while sectors like sports, aerospace equipment, and military industries are lagging [3] - The solar photovoltaic sector is also seeing substantial gains, with companies like Mingyang Smart Energy and others reaching their daily price limits [3] Index Movements - The Shanghai Composite Index opened high but faced volatility, indicating a mixed performance in individual stocks despite overall index gains [5] - The ChiNext Index showed weakness, with many small and medium-sized stocks struggling, reflecting a challenging environment for growth in this segment [5]

Market Overview - As of January 26, A-shares showed mixed performance with the Shanghai Composite Index up by 0.12%, while the Shenzhen Component Index and the ChiNext Index fell by 0.74% and 0.86% respectively [1] - The trading volume in the Shanghai and Shenzhen markets reached 22,631 billion yuan, an increase of 3,495 billion yuan compared to the previous day [1] Gold and Precious Metals - International gold prices have surpassed $5,000 per ounce for the first time, leading to a surge in precious metals and non-ferrous resource stocks [2][4] - The price of spot gold increased by 1.87%, reaching a new historical high of $5,081 per ounce, with a monthly increase of over $730 [3] - Spot silver also saw a significant rise, exceeding $108 per ounce, with a monthly increase of over 50% [3] Companies in Precious Metals - Companies such as China Gold, Yuguang Gold Lead, and Silver Nonferrous Metals have experienced consecutive trading days of price increases, with China Gold rising by 9.98% [2][4] - The financial attributes of gold are being driven by factors such as real interest rates, the US dollar index, and geopolitical situations, with gold's foreign exchange reserve ratio increasing to 25.94% as of January 2026 [4] Space Photovoltaics - The space photovoltaic sector is gaining momentum, with companies like Mingyang Smart Energy experiencing a three-day consecutive price increase [5][6] - Elon Musk announced plans for SpaceX and Tesla to build a total of 200GW of photovoltaic capacity in the US over the next three years, which is expected to boost the sector [6] Influenza Vaccine Sector - The influenza vaccine sector is seeing strong performance, with companies like Zhijiang Biological and others hitting their price limits [7][8] - The rise is attributed to recent reports of Nipah virus infections in India, which have heightened demand for vaccines [8]