Core Viewpoint - The company has decided to exercise its early redemption rights for the "Yuguang Convertible Bonds" due to meeting the necessary conditions, which will impact its capital structure and financial position positively in the long term [1][2]. Redemption Announcement - The company announced the early redemption of "Yuguang Convertible Bonds" at a price of 100.1060 yuan per bond, which includes accrued interest [2][3]. - The redemption date is set for December 18, 2025, with the total amount to be redeemed being 1,817,924.96 yuan, covering 18,160 bonds [3][7]. Redemption Details - The total number of bonds to be redeemed is 1,816,000 yuan (18,160 bonds), and the payment date for the redemption amount is December 19, 2025 [3][4]. - The bonds will be delisted on December 19, 2025, following the redemption [4]. Impact on Company - The total amount of the redemption is relatively small and will not significantly affect the company's cash flow [8]. - After the redemption, the company's total share capital will increase to 1,209,262,698 shares, which may dilute earnings per share in the short term but is expected to strengthen the company's capital structure and reduce the debt-to-asset ratio in the long run [8]. Conversion Status - As of December 18, 2025, the remaining balance of "Yuguang Convertible Bonds" is 1,816,000 yuan, which represents 0.26% of the total issuance [4]. - A total of 708,184,000 yuan of "Yuguang Convertible Bonds" has been converted into 119,020,064 shares, accounting for 10.92% of the company's total shares before conversion [4].

Summary of Key Points Core Viewpoint - The announcement from Yuguang Gold Lead regarding the redemption of "Yuguang Convertible Bonds" indicates a planned financial maneuver that will affect the company's capital structure and investor returns [2]. Group 1: Redemption Details - The redemption registration date for the "Yuguang Convertible Bonds" is set for December 18, 2025 [2]. - The redemption price is established at 100.1060 yuan per bond [2]. - The total number of bonds to be redeemed is 18,160, resulting in a total payout amount of 1,817,924.96 yuan, which includes the current interest [2].

证券日报网讯12月19日，豫光金铅（600531）在互动平台回答投资者提问时表示，公司在冶炼环节会产 出海绵钯副产品，该产品由公司销售部门统一负责销售，旗下豫光金店不开展此项产品的对外零售业 务。 ...

证券日报网讯 12月19日，豫光金铅（600531）在互动平台回答投资者提问时表示，公司属于有色金属 冶炼行业，黄金、白银为铅铜冶炼过程中的综合回收副产品，外购原材料采购价格按产成品市场价格扣 减加工费确定，产品盈利水平随金属市场价格及加工费波动动态调整；为平抑贵金属价格波动对经营业 绩的潜在影响、保障公司稳健运营，公司开展适度套期保值业务，核心目的是防范价格波动风险、实现 经营收益稳定，后续公司也将持续优化套期保值策略，提升风险管理水平。 ...

| 证券代码：600531 | 证券简称：豫光金铅 | 公告编号：临 2025-116 | | --- | --- | --- | | 债券代码：110096 | 债券简称：豫光转债 | | 河南豫光金铅股份有限公司 关于"豫光转债"赎回结果暨股份变动的公告 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： 一、本次可转债赎回公告情况 （一）赎回条件的成就情况 河南豫光金铅股份有限公司（以下简称"公司"）股票自 2025 年 10 月 27 日至 2025 年 11 月 14 日，已在连续三十个交易日内有十五个交易日的收盘价不 低于"豫光转债"当期转股价格 5.95 元/股的 130%，即不低于 7.74 元/股，已满 足"豫光转债"的赎回条件。 （二）本次赎回事项公告披露情况 公司于 2025 年 11 月 14 日召开第九届董事会第二十五次会议，审议通过了 《关于提前赎回"豫光转债"的议案》，决定行使公司"豫光转债"的提前赎回 权，对赎回登记日登记在册的"豫光转债"按照债券面值加当期应计利息的价格 全部 ...

Core Viewpoint - The company announced the redemption of "Yuguang Convertible Bonds" totaling 18,160 bonds, with a total redemption amount of 1.8179 million yuan, including interest for the current period [1] Group 1 - The redemption payment date is set for December 19, 2025, on which date the "Yuguang Convertible Bonds" will be officially delisted [1] - As of the redemption registration date, a total of 708 million yuan of "Yuguang Convertible Bonds" have been converted into the company's A-share common stock, with a total conversion quantity of 119 million shares [1] - The total redemption amount is relatively small and will not have a significant impact on the company's cash flow [1]

Core Viewpoint - Yuguang Jin Lead announced that investors holding convertible bonds can either continue trading in the secondary market within the specified time or convert at a price of 5.95 yuan per share, otherwise they will face forced redemption at a face value of 100 yuan per bond plus accrued interest, which totals 100.1060 yuan [1] Group 1 - The company has halted trading of "Yuguang Convertible Bonds" and has advised holders to pay attention to the deadline for conversion [1] - Investors may face significant losses if forced redemption occurs [1]

证券代码：600531 证券简称：豫光金铅 公告编号：临 2025-115 债券代码：110096 债券简称：豫光转债 河南豫光金铅股份有限公司 关于实施"豫光转债"赎回暨摘牌的 最后一次提示性公告 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： 自 2025 年 12 月 16 日起，"豫光转债"停止交易。 最后转股日：2025 年 12 月 18 日 截至 2025 年 12 月 17 日收市后，距离 2025 年 12 月 18 日（"豫光转债"最 后转股日）仅剩 1 个交易日，2025 年 12 月 18 日为"豫光转债"最后一个转股 日。 本次提前赎回完成后，豫光转债将自 2025 年 12 月 19 日起在上海证券 交易所摘牌。 投资者所持可转债除在规定时限内通过二级市场继续交易或按照 5.95 元的转股价格进行转股外，仅能选择以 100 元/张的票面价格加当期应计利息（即 100.1060 元）被强制赎回。若被强制赎回，可能面临较大投资损失。 "豫光转债"已停止交易，公司提醒"豫光转债"持有 ...

Group 1: Employment Data - The U.S. non-farm employment increased by 64,000 in November, surpassing the market expectation of 50,000, but manufacturing employment has dropped to its lowest level since March 2022 [1] - The unemployment rate unexpectedly rose to 4.6%, the highest since September 2021, although this increase coincided with a rise in the labor participation rate [1] - Non-farm employment saw a significant decrease of 105,000 in October, with August and September also revised down by a total of 33,000 [1] Group 2: Wage Growth - The average hourly wage in November grew by 3.5% year-on-year, marking the lowest growth rate since May 2021, indicating a slowdown in real wage growth [1] Group 3: Market Reactions - Despite the overall weak data, there remains a divergence in market expectations regarding the Federal Reserve's interest rate cut path, leading to increased short-term volatility in gold prices [1] - The long-term appeal of gold as a safe-haven asset and its anti-inflation value continues to attract capital [1] Group 4: Gold Price Forecast - Goldman Sachs predicts that gold prices will reach $4,900 per ounce by the end of 2026, driven by increased holdings from households or institutional investors seeking to diversify risk amid high macroeconomic uncertainty [2] Group 5: Gold Industry Index Performance - As of December 17, 2025, the CSI Hong Kong-Shenzhen Gold Industry Stock Index (931238) rose by 2.87%, with constituent stocks such as Shandong Gold and Jiangxi Copper seeing significant gains [2] - The gold stock ETF fund saw a turnover of 7.16% during the trading session, with a transaction volume of 7.3346 million [2] Group 6: Top Holdings in Gold Industry Index - The top ten weighted stocks in the CSI Hong Kong-Shenzhen Gold Industry Stock Index account for 68.26% of the index, including companies like Zijin Mining and Shandong Gold [3]

Core Viewpoint - The company announces the redemption and delisting of its convertible bonds, "豫光转债," effective December 19, 2025, following the fulfillment of specific redemption conditions [4][16]. Group 1: Redemption Details - "豫光转债" will stop trading from December 16, 2025, with the last conversion date set for December 18, 2025 [2][15]. - The redemption price is set at 100.1060 CNY per bond, which includes accrued interest [9][10]. - The redemption will be executed for all bonds registered by the close of trading on December 18, 2025, with the redemption funds distributed on December 19, 2025 [6][14]. Group 2: Conversion and Trading Conditions - The company’s stock price has met the condition for early redemption, with at least 15 trading days out of 30 having a closing price above 7.74 CNY, which is 130% of the conversion price of 5.95 CNY [5][8]. - As of December 15, 2025, a total of 689,183,000 CNY of "豫光转债" has been converted into 115,826,744 shares, representing 10.62% of the total shares before conversion [20][22]. - The remaining unconverted bonds amount to 20,817,000 CNY, which is 2.93% of the total issuance [20][22]. Group 3: Tax Implications - Individual investors are subject to a 20% tax on interest income from the bonds, resulting in a net redemption amount of 100.0848 CNY per bond after tax [10][11]. - For qualified foreign institutional investors, the redemption amount will be distributed without tax deductions [11]. Group 4: Communication and Contact - The company will provide further announcements regarding the redemption process and its implications for investors [12][13]. - Investors can contact the board secretary's office for inquiries at the provided phone number [18].