Core Viewpoint - The company, Henan Yuguang Gold Lead Group, is undergoing a strategic transformation from traditional non-ferrous metallurgy to high-end lithium battery copper foil production, marking a significant shift towards new materials [1][2]. Group 1: Company Transformation - The copper foil production line at Yuguang Group produces ultra-thin copper foil with a thickness of only 4 micrometers, which is considered a hallmark of the company's transition to high-end materials [1]. - The company has evolved from a traditional smelting factory to a high-end lithium battery copper foil producer and supplier of high-purity metal new materials [1]. - The cleanroom environment in the copper foil production facility is maintained at a cleanliness level of 10,000, highlighting the company's commitment to quality [1]. Group 2: New Materials Development - Yuguang Group has established a new materials industry chain focused on high-purity metals, lead-zinc alloys, new energy materials, and rare metals, with over 260 types of lead-zinc alloy products and an annual output of nearly 300,000 tons [2]. - The company has achieved industry-leading standards with its 7N ultra-pure tellurium and 7N high-purity cadmium, showcasing its technological advancements [2]. - The company aims to accelerate its transformation into a new materials powerhouse, with plans for projects in copper, recycled lead, and a new materials research center, potentially reaching a revenue scale of 100 billion yuan [2].

| 证券代码：600531 | 证券简称：豫光金铅 | 公告编号：临 | 2025-041 | | --- | --- | --- | --- | | 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 可转债转股结果暨股份变动公告 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： ●累计转股情况：截至 2025 年 6 月 30 日，累计有人民币 90,000 元"豫光 转债"转换成河南豫光金铅股份有限公司（以下简称"公司"）股票，占可转 债发行总量的 0.0127%；转股数量为 14,582 股，占可转债转股前公司发行股份 总额的 0.0013%。 ●未转股可转债情况：截至 2025 年 6 月 30 日，尚未转股的"豫光转债" 金额为人民币 709,910,000 元，占可转债发行总量的 99.9873%。 ●本季度转股情况："豫光转债"自 2025 年 2 月 16 日（非交易日顺延） 起开始转股，2025 年 4 月 1 日至 2025 年 6 月 30 日，共有 ...

Group 1 - The metal zinc concept index declined by 0.08%, ranking among the top declines in the concept sector, with major declines seen in companies such as Dazhong Mining, *ST Zhengping, and Shengda Resources [1] - Among the 17 stocks that rose, ST Shengtun, Huayu Mining, and Guocheng Mining had the highest increases of 2.76%, 2.38%, and 2.15% respectively [1] - The metal zinc concept sector experienced a net inflow of 0.36 billion yuan, with 21 stocks seeing net outflows, and 8 stocks with outflows exceeding 10 million yuan [2] Group 2 - The top net outflow was from ST Shengtun, with a net outflow of 48.91 million yuan, followed by Xiyang Co., Baiyin Nonferrous, and Yuguang Gold & Lead with outflows of 29.36 million yuan, 24.32 million yuan, and 18.51 million yuan respectively [2] - The leading stocks for net inflow included Zijin Mining, Shanjin International, and Western Mining, with net inflows of 1.09 billion yuan, 60.22 million yuan, and 25.12 million yuan respectively [2][3] - The trading volume and performance of various companies in the metal zinc sector were highlighted, with ST Shengtun showing a decline of 2.76% and a turnover rate of 3.44% [3]

证券代码：600531 证券简称：豫光金铅 公告编号：临 2025-040 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 豫光金铅股份有限公司 2024 年年度股东大会决议公告》。自公司 2024 年年度利润 分配方案公告披露之日起至权益分派股权登记日，因"豫光转债"转股形成新增 股份，公司实际享有利润分配权利的股份总数增加。公司将按照维持分配总额不 变的原则调整每股分配比例，最终调整后的公司 2024 年度利润分配方案请关注公 司届时披露的相关公告。 （二）本次权益分派方案实施后，公司将根据《河南豫光金铅股份有限公司 向不特定对象发行可转换公司债券募集说明书》中的发行条款及相关规定，对"豫 光转债"当期转股价格进行调整。 重要内容提示： 证券停复牌情况：适用 因实施 2024 年度权益分派,本公司的相关证券停复牌情况如下： | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | | | | | 期间 | | | | 110096 | 豫光转债 | ...

证券代码：600531 公司简称：豫光金铅 转债代码：110096 转债简称：豫光转债 河南豫光金铅股份有限公司 向不特定对象发行可转换公司债券 受托管理事务报告 （2024年度） 债券受托管理人 二〇二五年六月 1 重要声明 本报告依据《公司债券发行与交易管理办法》（以下简称"《管理办 法》"）、《河南豫光金铅股份有限公司向不特定对象发行可转换公司债券之 受托管理协议》（以下简称"《受托管理协议》"）、《河南豫光金铅股份有 限公司向不特定对象发行可转换公司债券募集说明书》（以下简称"《募集说 明书》"）、《河南豫光金铅股份有限公司2024年年度报告》等相关公开信 息披露文件、第三方中介机构出具的专业意见等，由本次债券受托管理人国联 民生证券承销保荐有限公司（以下简称"国联民生保荐"）编制。报告涉及的 年度经营情况和财务情况引用自《河南豫光金铅股份有限公司2024年年度报 告》。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相 关事宜做出独立判断，而不应将本报告中的任何内容据以作为国联民生保荐所 作的承诺或声明。在任何情况下，未经国联民生保荐书面许可，不得用作其他 任何用途。 2 | 重要声 ...

Core Viewpoint - Henan Yuguang Gold Lead Group Co., Ltd. has established a comprehensive tax compliance model that integrates digital empowerment and collaborative governance, positioning itself as a leader in the non-ferrous metal smelting industry with nearly 70 years of experience [1][2]. Compliance System and Culture - The company has developed a compliance system that covers the entire business process, including procurement, production, sales, and finance, recognizing tax compliance as a fundamental requirement and a reflection of social responsibility [2]. - A tiered training system has been implemented to enhance tax compliance awareness among employees, combining case studies and simulation exercises to improve practical skills [3]. Resource Utilization and Risk Management - Yuguang Group processes 20% of the nation's waste lead-acid batteries, facing compliance risks in the implementation of the "reverse invoicing" policy [4]. - The company has established a comprehensive management mechanism that includes pre-purchase risk screening, dynamic monitoring during transactions, and post-settlement analysis to mitigate tax risks [4][5]. Digital Empowerment in Tax Management - The company has developed a digital platform that integrates finance, tax, and supply chain management, addressing challenges posed by complex inter-regional operations and diverse accounting practices [6][7]. - A standardized tax data system has been established to ensure data accuracy and consistency, enhancing the quality of tax reporting and risk assessment [7]. Competitive Advantage through Compliance - Continuous A-level tax credit has enabled the company to secure bank loans at lower financing costs, supporting investments in green smelting technology and intelligent transformation [8].

Core Viewpoint - The company, Henan Yuguang Gold Lead Co., Ltd., has maintained its credit ratings for both its corporate and bond issuances, indicating stable financial health and outlook [1][2]. Group 1: Credit Ratings - Previous bond rating was "AA" and corporate rating was also "AA" with a stable outlook [1]. - Current bond rating remains "AA" and corporate rating is "AA" with a stable outlook, showing no change from the previous assessment [2]. Group 2: Rating Agency and Methodology - The credit ratings were conducted by the credit rating agency, United Ratings Co., Ltd., based on a comprehensive analysis of the company's operational status [2]. - The tracking credit rating report is available on the Shanghai Stock Exchange website [2].

| 证券代码：600531 | 证券简称：豫光金铅 | 公告编号：临 | 2025-039 | | --- | --- | --- | --- | | 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"2025 年跟踪评级结果的公告 本次跟踪评级报告全文详见上海证券交易所网站（www.sse.com.cn）。 特此公告。 河南豫光金铅股份有限公司董事会 2025 年 6 月 27 日 前次债项评级："AA"；主体评级："AA"；评级展望：稳定 本次债项评级："AA"；主体评级："AA"；评级展望：稳定 重要内容提示： 根据《上市公司证券发行注册管理办法》《上海证券交易所股票上市规则》 《公司债券发行与交易管理办法》等有关规定，河南豫光金铅股份有限公司（以 下简称 "公司"）委托信用评级机构联合资信评估股份有限公司（以下简称"联 合资信"）对公司 2024 年发行的"河南豫光金铅股份有限公司向不特定对象发 行可转换公司债券"（以下简称"豫光转债"）进行了跟踪信用评级。 公司前次主体信用等级为"AA","豫光转债"前次债券信用等级为"AA", 评级展望为"稳定" ...

河南豫光金铅股份有限公司 向不特定对象发行可转换公司债券 2025 年跟踪评级报告 www.lhratings.com 1 联合〔2025〕5322 号 联合资信评估股份有限公司通过对河南豫光金铅股份有限公司 主体及其相关债券的信用状况进行跟踪分析和评估，确定维持河南 豫光金铅股份有限公司主体长期信用等级为 AA，维持"豫光转债" 信用等级为 AA，评级展望为稳定。 特此公告 联合资信评估股份有限公司 评级总监： 二〇二五年六月二十五日 声 明 一、本报告是联合资信基于评级方法和评级程序得出的截至发表之日的 独立意见陈述，未受任何机构或个人影响。评级结论及相关分析为联合资信 基于相关信息和资料对评级对象所发表的前瞻性观点，而非对评级对象的事 实陈述或鉴证意见。联合资信有充分理由保证所出具的评级报告遵循了真 实、客观、公正的原则。鉴于信用评级工作特性及受客观条件影响，本报告 在资料信息获取、评级方法与模型、未来事项预测评估等方面存在局限性。 二、本报告系联合资信接受河南豫光金铅股份有限公司（以下简称"该 公司"）委托所出具，除因本次评级事项联合资信与该公司构成评级委托关 系外，联合资信、评级人员与该公司不存在任 ...

Group 1 - The article highlights the implementation of water resource tax incentives aimed at promoting water conservation among industries in China, effective from December 1, 2024, where companies achieving advanced water efficiency will receive a 20% tax reduction [1][3] - Henan Yuguang Zinc Industry Co., Ltd. reported receiving over 58,000 yuan in water resource tax benefits in the first quarter, reinforcing their commitment to increasing water-saving investments [1][2] - The list of taxpayers achieving advanced water efficiency in Henan province includes Henan Yuguang Zinc Industry Co., Ltd., Henan Jinli Jin Zinc Co., Ltd., and Henan Jinma Energy Co., Ltd., marking them as pioneers in water efficiency [1] Group 2 - The Jiyuan tax department has established a "one-on-one" service mechanism for key enterprises, providing tailored support to help them understand and apply for tax benefits related to water conservation [2] - Jiyuan tax authorities collaborate with water resources and finance departments to monitor and analyze enterprise water usage data, ensuring effective implementation of tax incentives [2] - Henan Jinma Energy Co., Ltd. has invested 200 million yuan in wastewater treatment and recycling projects, achieving significant water savings of over 2 million cubic meters annually [3] Group 3 - Henan Yuguang Zinc Industry Co., Ltd. has adopted innovative water-saving practices, reducing water usage to 8.42 m³/t of zinc ingot, significantly below national standards [3] - Henan Jinli Jin Zinc Co., Ltd. has implemented smart water-saving devices for real-time monitoring and precise control of production water usage [3] - The Jiyuan tax department emphasizes that water resource tax incentives are crucial for promoting green development among enterprises, aiming to enhance their water efficiency and contribute to sustainable economic growth [3]