Core Viewpoint - The article highlights the transformation of Jiyuan into a leading green lead-zinc and silver production base in China, emphasizing its innovative approaches to overcome resource limitations and achieve sustainable development [10][31]. Industry Overview - Jiyuan is recognized as the largest green lead-zinc base and silver production base in China, with lead-zinc output accounting for 13% of the national total and mineral silver output exceeding 40% [9][24]. - The non-ferrous metal industry in Jiyuan has a production value of nearly 200 billion yuan, with three companies listed among China's top 500 manufacturing enterprises [9][24]. Technological Innovation - Jiyuan's non-ferrous industry has adopted advanced smelting technologies, such as the liquid high-lead slag direct reduction process, which has significantly reduced energy consumption and pollution [14][21]. - Companies like Yuguang Group and Jinli Group have pioneered new technologies that enhance metal recovery rates and reduce environmental impact, showcasing the region's commitment to innovation [14][21]. Circular Economy - Jiyuan has established a closed-loop lifecycle for its non-ferrous industry, integrating mining, green smelting, and recycling processes to maximize resource utilization [24][23]. - The city has been recognized as a national-level circular economy pilot, focusing on transforming industrial waste into valuable resources [23][24]. Economic Development Strategy - The local government emphasizes the importance of precise positioning and leveraging comparative advantages to drive high-quality development in traditional industries [10][31]. - Jiyuan's strategy includes enhancing the competitiveness of its industrial clusters and addressing challenges such as high raw material costs and environmental regulations [26][28]. Future Directions - Jiyuan aims to further integrate into the national market and enhance its global competitiveness by fostering innovation and collaboration across the non-ferrous metal industry [30][28]. - The city is focusing on building a comprehensive platform for the non-ferrous industry to streamline resources, technology, and talent, thereby promoting sustainable growth [30][29].

| 证券代码：600531 | 证券简称：豫光金铅 | 公告编号：临 | 2025-075 | | --- | --- | --- | --- | | 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 关于提前归还部分用于暂时补充 流动资金的闲置募集资金的公告 截至本公告日，公司已累计归还用于暂时补充流动资金的闲置募集资 金 5,000万元。公司将在规定期限内将剩余暂时补充流动资金的闲置募集资 金 15,000 万元归还至募集资金专用账户，并及时履行信息披露义务。 特此公告。 河南豫光金铅股份有限公司董事会 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。 河南豫光金铅股份有限公司（以下简称"公司"）于 2024年10月29日召开 第九届董事会第十次会议、第九届监事会第五次会议，审议通过了《关于使用部 分闲置募集资金暂时补充流动资金的议案》，同意使用不超过 20,000万元的闲置 募集资金暂时补充流动资金，使用期限自公司董事会审议通过之日起不超过12 个月。具体详见公司于2024年10月 ...

Core Viewpoint - The recent announcement by Yuguang Jinlan to terminate its stock issuance plan has raised concerns about the company's decision-making rigor and transparency [1][2]. Group 1: Company Actions - Yuguang Jinlan's board initially approved a plan to raise up to 400 million yuan for working capital and bank loan repayment, with a share price set at 6.74 yuan, representing a 24% discount from the closing price on August 13 [1]. - The termination of the stock issuance plan occurred just one day after its approval, indicating a lack of thoroughness in the decision-making process [2]. - The company did not provide a detailed explanation for the termination, which has led to skepticism regarding its commitment to shareholder interests [1][2]. Group 2: Market Reaction - Following the announcement of the stock issuance plan, Yuguang Jinlan's share price fell by 3.85%, reflecting the negative sentiment among small investors [1]. - The rapid decision to terminate the plan may erode market trust and negatively impact the company's reputation [2]. Group 3: Financing History - Yuguang Jinlan has a history of frequent financing activities, including a 710 million yuan convertible bond issuance in August 2024, with a significant portion allocated to Yuguang Group [2]. - The company’s repeated attempts to raise funds for working capital within a short timeframe raise questions about the necessity and efficiency of its financing strategies [2]. Group 4: Recommendations - Companies should adopt a rigorous approach when implementing financing plans, ensuring that the necessity and pricing are well-justified to maintain investor confidence [3]. - There is a need to explore mechanisms that allow small investors to participate in financing activities, which could enhance market fairness and transparency [3].

Group 1 - The controlling shareholder, Henan Yuguang Gold Lead Group Co., Ltd., holds convertible bonds worth 210,143,000 yuan, accounting for 29.60% of the total issuance of the company's convertible bonds [2] - After the recent pledge, the total pledged amount of convertible bonds by the controlling shareholder reaches 210,000,000 yuan, which is 99.93% of its holdings and 29.58% of the total issuance [2] - The pledge does not serve as collateral for major asset restructuring or performance compensation [2] Group 2 - As of the announcement date, the controlling shareholder has not engaged in non-operating fund occupation, illegal guarantees, or related party transactions that harm the company's interests [3] - The controlling shareholder has a good credit status and possesses the ability to repay funds, indicating that the pledge risk is within a controllable range [3] - The company will continue to monitor the controlling shareholder's convertible bond pledges and associated risks, fulfilling information disclosure obligations as required [3]

| 证券代码：600531 | 证券简称：豫光金铅 | 公告编号：临 2025-074 | | --- | --- | --- | | 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 关于控股股东可转债质押的公告 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: 公司控股股东河南豫光金铅集团有限责任公司持有公司可转债 210,143,000 元，占公司可转债总发行量的 29.60%，本次质押后累计质押公司可 转债 210,000,000 元，占其所持公司可转债的 99.93%，占公司可转债总发行量 的 29.58%。 河南豫光金铅股份有限公司（以下简称"公司"）近日接到公司控股股东河 南豫光金铅集团有限责任公司（以下简称"豫光集团"）的通知，豫光集团将其 所持有的部分公司可转债办理了质押手续。具体情况如下： 公司将持续关注控股股东的可转债质押及质押风险情况，并按相关规定及时 履行信息披露义务，敬请广大投资者注意投资风险。 特此公告。 河南豫光金铅股份有限公司董事会 一、股东 ...

Group 1 - Baiya Co., Ltd. achieved a net profit of 188 million yuan in the first half of 2025, a year-on-year increase of 4.64% [1] - The company reported an operating income of 1.764 billion yuan, up 15.12% year-on-year [1] - Basic earnings per share were 0.44 yuan [1] Group 2 - Leike Defense reported a net loss of 41.67 million yuan in the first half of 2025, compared to a loss of 66.43 million yuan in the same period last year [2] - The company achieved an operating income of 542 million yuan, a year-on-year increase of 9.77% [2] - Basic earnings per share were -0.03 yuan [2] Group 3 - Jinggong Technology achieved a net profit of 113 million yuan in the first half of 2025, a year-on-year increase of 15.55% [3] - The company reported an operating income of 1.061 billion yuan, up 10.31% year-on-year [3] - Basic earnings per share were 0.22 yuan [3] Group 4 - Yuejian Intelligent reported a net profit of 62.63 million yuan in the first half of 2025, a year-on-year increase of 46.99% [4] - The company achieved an operating income of 651 million yuan, up 13.22% year-on-year [4] - Basic earnings per share were 0.2436 yuan [4] Group 5 - Wanwei High-tech achieved a net profit of 256 million yuan in the first half of 2025, a year-on-year increase of 97.47% [6] - The company reported an operating income of 4.061 billion yuan, up 4.90% year-on-year [6] - Basic earnings per share were 0.122 yuan [6] Group 6 - Keli Equipment achieved a net profit of 82.78 million yuan in the first half of 2025, a year-on-year increase of 4.88% [7] - The company reported an operating income of 318 million yuan, up 12.41% year-on-year [7] - Basic earnings per share were 0.87 yuan [7] Group 7 - Jinwo Co., Ltd. achieved a net profit of 25.47 million yuan in the first half of 2025, a year-on-year increase of 94% [8] - The company reported an operating income of 614 million yuan, up 7.96% year-on-year [8] - Basic earnings per share were 0.21 yuan [8] Group 8 - Longyuan Technology achieved a net profit of 28.28 million yuan in the first half of 2025, a year-on-year increase of 135.6% [10] - The company reported an operating income of 362 million yuan, up 1.48% year-on-year [10] - Basic earnings per share were 0.0548 yuan [10] Group 9 - Guangting Information achieved a net profit of 42.92 million yuan in the first half of 2025, turning from loss to profit [13] - The company reported an operating income of 275 million yuan, up 26.88% year-on-year [13] - Basic earnings per share were 0.4633 yuan [13] Group 10 - Changjiang Materials achieved a net profit of 73.38 million yuan in the first half of 2025, a year-on-year increase of 5.03% [15] - The company reported an operating income of 513 million yuan, up 10.43% year-on-year [15] - Basic earnings per share were 0.5019 yuan [15] Group 11 - Yitong Century reported a net loss of 1.77 million yuan in the first half of 2025, compared to a profit of 35.87 million yuan in the same period last year [17] - The company achieved an operating income of 1.22 billion yuan, down 0.54% year-on-year [17] - Basic earnings per share were -0.0020 yuan [17] Group 12 - China Nuclear Construction signed new contracts worth 90.48 billion yuan in July 2025 [19] - The company achieved a cumulative operating income of 58.229 billion yuan [19] Group 13 - Yinlong Co., Ltd. signed a construction labor subcontracting contract worth 108 million yuan [21] - The contract is for the prefabrication of CRTSIII-type track slabs for a railway project [21] Group 14 - Xinan Century plans to apply for a comprehensive credit limit of no more than 50 million yuan from a bank [23] - The limit will be used for various business purposes including working capital loans [23] Group 15 - New Hongtai reported a net profit of 34.27 million yuan in the first half of 2025, a year-on-year decrease of 8.94% [25] - The company achieved an operating income of 308 million yuan, down 2.45% year-on-year [25] - Basic earnings per share were 0.23 yuan [25] Group 16 - Botong Co., Ltd. achieved a net profit of 13.33 million yuan in the first half of 2025, a year-on-year increase of 42.95% [26] - The company reported an operating income of 149 million yuan, up 5.23% year-on-year [26] - Basic earnings per share were 0.2135 yuan [26] Group 17 - Minfeng Special Paper reported a net profit of 15.07 million yuan in the first half of 2025, a year-on-year decrease of 68.88% [28] - The company achieved an operating income of 601 million yuan, down 23.21% year-on-year [28] - Basic earnings per share were 0.043 yuan [28] Group 18 - Changchun Yidong announced that a shareholder plans to reduce their stake by up to 2.97% [29] - The reduction period is from September 8, 2025, to December 5, 2025 [29] Group 19 - Jiukang Bio received an invention patent certificate for a reagent [30] - The patent involves the application of a specific enzyme in diagnostic reagents [30] Group 20 - Xuelang Environment announced the resignation of its general manager due to personal reasons [31] - The chairman will temporarily take over the general manager's responsibilities [31] Group 21 - Tailin Bio's subsidiary obtained a property certificate for industrial land [32] - The land area is 20,500 square meters with a usage period until July 6, 2075 [32] Group 22 - Changgao Electric New's application for convertible bonds has been accepted by the Shenzhen Stock Exchange [33] Group 23 - Tianyoude Wine plans to use up to 147 million yuan of idle funds for cash management [34] Group 24 - Lingxiao Pump Industry used 5.9 million yuan of idle funds to purchase financial products [36] Group 25 - Mengke Pharmaceutical announced that a shareholder plans to reduce their stake by up to 3% [38] Group 26 - Kexiang Co., Ltd. plans to raise no more than 300 million yuan through a simplified procedure [40] Group 27 - Huagong Technology achieved a net profit of 911 million yuan in the first half of 2025, a year-on-year increase of 44.87% [42] - The company reported an operating income of 7.629 billion yuan, up 44.66% year-on-year [42] - Basic earnings per share were 0.91 yuan [42] Group 28 - Shanghai Jianke achieved a net profit of 23.76 million yuan in the first half of 2025, a year-on-year increase of 48.57% [43] - The company reported an operating income of 1.935 billion yuan, up 0.60% year-on-year [43] - Basic earnings per share were 0.06 yuan [43] Group 29 - Darui Electronics achieved a net profit of 132 million yuan in the first half of 2025, a year-on-year increase of 25.32% [44] - The company reported an operating income of 1.405 billion yuan, up 28.04% year-on-year [44] - Basic earnings per share were 1.00 yuan [44] Group 30 - Dongyangguang achieved a net profit of 613 million yuan in the first half of 2025, a year-on-year increase of 170.57% [45] - The company reported an operating income of 7.124 billion yuan, up 18.48% year-on-year [45] - Basic earnings per share were 0.209 yuan [45] Group 31 - Chongqing Beer reported a net profit of 865 million yuan in the first half of 2025, a year-on-year decrease of 4.03% [49] - The company achieved an operating income of 8.839 billion yuan, down 0.24% year-on-year [49] - Basic earnings per share were 1.79 yuan [49] Group 32 - Chongqing Beer announced that its subsidiary plans to increase capital by 600 million yuan [51] Group 33 - Meixin Technology announced that a shareholder plans to reduce their stake by up to 3% [53] Group 34 - Qipai Technology plans to raise no more than 159 million yuan through a private placement [55] Group 35 - Qipai Technology reported a net loss of 586.69 million yuan in the first half of 2025 [57] - The company achieved an operating income of 326 million yuan, up 4.09% year-on-year [57] - Basic earnings per share were -0.55 yuan [57] Group 36 - Huaying Technology reported a net loss of 476 million yuan in the first half of 2025 [59] - The company achieved an operating income of 721 million yuan, down 16.59% year-on-year [59] - Basic earnings per share were -0.1723 yuan [59] Group 37 - Best reported a net profit of 148 million yuan in the first half of 2025, a year-on-year increase of 3.30% [61] - The company achieved an operating income of 716 million yuan, up 2.73% year-on-year [61] - Basic earnings per share were 0.2966 yuan [61] Group 38 - Changliang Technology reported a net loss of 19.11 million yuan in the first half of 2025 [62] - The company achieved an operating income of 664 million yuan, down 5.64% year-on-year [62] - Basic earnings per share were -0.0236 yuan [62] Group 39 - Shunhao Co., Ltd. plans to use up to 35 million yuan of idle funds for entrusted wealth management [64] Group 40 - Weihede achieved a net profit of 65.97 million yuan in the first half of 2025, a year-on-year increase of 24.69% [66] - The company reported an operating income of 356 million yuan, up 38.37% year-on-year [66] - Basic earnings per share were 0.49 yuan [66] Group 41 - Huafa Co., Ltd. reported a net profit of 172 million yuan in the first half of 2025, a year-on-year decrease of 86.41% [67] - The company achieved an operating income of 38.199 billion yuan, up 53.46% year-on-year [67] - Basic earnings per share were 0.06 yuan [67] Group 42 - Mankun Technology achieved a net profit of 632 million yuan in the first half of 2025, a year-on-year increase of 62.30% [68] - The company reported an operating income of 760 million yuan, up 31.56% year-on-year [68] - Basic earnings per share were 0.43 yuan [68] Group 43 - Kelu Electronics achieved a net profit of 190 million yuan in the first half of 2025, turning from loss to profit [69] - The company reported an operating income of 2.573 billion yuan, up 34.66% year-on-year [69] - Basic earnings per share were 0.1144 yuan [69] Group 44 - Sanrenxing achieved a net profit of 144 million yuan in the first half of 2025, a year-on-year increase of 10.83% [71] - The company reported an operating income of 1.657 billion yuan, down 13.36% year-on-year [71] - Basic earnings per share were 0.68 yuan [71] Group 45 - Xinwei Communication achieved a net profit of 162 million yuan in the first half of 2025, a year-on-year decrease of 20.18% [72] - The company reported an operating income of 3.703 billion yuan, down 1.15% year-on-year [72] - Basic earnings per share were 0.1699 yuan [72] Group 46 - Yifan Pharmaceutical achieved a net profit of 304 million yuan in the first half of 2025, a year-on-year increase of 19.91% [72] - The company reported an operating income of 2.635 billion yuan, up 0.11% year-on-year [72] - Basic earnings per share were 0.25 yuan [72] Group 47 - *ST Chengchang achieved a net profit of 566 million yuan in the first half of 2025, turning from loss to profit [73] - The company reported an operating income of 201 million yuan, up 180.16% year-on-year [73] - Basic earnings per share were 0.2783 yuan [73] Group 48 - Rejing Bio announced that a controlling shareholder plans to reduce their stake by up to 1.08% [74] Group 49 - Jingu Co., Ltd. signed a strategic cooperation framework agreement with Luming Robotics [75]

中国经济网北京8月15日讯豫光金铅（600531）(600531.SH)昨日晚间发布关于终止向特定对象发行股票 并签署终止协议的公告。 本次发行的股票种类为境内上市人民币普通股(A股)，每股面值为人民币1.00元。本次发行的股票将在 上海证券交易所上市交易。本次向特定对象发行股票数量为不超过59,347,181股(含本数)，发行数量不 超过本次发行前公司总股本的30%。 本次向特定对象发行股票募集资金总额不超过40,000万元(含本数)，扣除发行费用后拟全部用于补充流 动资金及偿还银行贷款。 据公司前次募集资金使用情况的专项报告，经中国证监会批复(证监许可〔2024〕887号)核准，公司于 2024年8月12日向不特定对象发行面值总额71,000万元可转换公司债券，期限6年，每张面值为人民币 100元，发行数量710.00万张，募集资金总额为人民币710,000,000.00元。扣除发行费用人民币 13,677,575.47元(不含税)后，募集资金净额为人民币696,322,424.53元。上述募集资金到位情况已经中勤 万信会计师事务所(特殊普通合伙)予以验证，并由其出具《验证报告》(勤信验字〔2024〕第0 ...

Summary of Key Points Core Viewpoint - Multiple shareholders across various companies are planning to reduce their stakes, indicating potential shifts in ownership dynamics within the market [1]. Shareholder Reductions - Zhongzi Technology: Shareholder Yin'an Lingying plans to reduce holdings by up to 3.00% [1] - Boshi Jie: Shareholders Botianyi and Huitianyi intend to reduce a combined total of up to 3% [1] - Rejing Biology: Chairman and General Manager Lin Changqing plans to reduce holdings by up to 1 million shares [1] - Meixin Technology: Shareholder Runkai Investment plans to reduce holdings by up to 3% [1] - Mengke Pharmaceutical: Shareholder Mengke Hong Kong intends to reduce holdings by up to 3% [1] - Xiangyuan New Materials: Multiple shareholders plan to reduce a total of up to 2.924% [1] - Baipusais: Shanghai Baipusais and Shanghai Baipujiale plan to reduce holdings by up to 2.74% [1] - Junshi Biological: Shareholder Shanghai Tanying plans to conduct a block trade to reduce holdings by up to 2% [1] - Hainan Huatie: Shareholder Hu Danfeng plans to reduce holdings by up to 44.2295 million shares [1] - Mailande: Chen Jiangning plans to reduce holdings by up to 259,800 shares [1] - Zhongyan Dadi: Shareholder Yishan plans to reduce holdings by up to 3.00% [1] - Tiandi Digital: Shareholder Li Zhuoya plans to reduce holdings by up to 951,800 shares [1] Other Notable Events - Aerospace Hongtu: There are overdue commercial acceptance bills totaling 16.7754 million yuan [1] - Yuguang Jinchang: The company has terminated the issuance of shares to specific objects and signed a termination agreement [1]

河南豫光金铅股份有限公司 第九届董事会独立董事专门会议 河南豫光金铅股份有限公司（以下简称"公司"）于 2025 年 8 月 14 日以通讯方式 召开第九届董事会独立董事专门会议 2025 年第七次会议。本次会议应到独立董事 3 名， 实到 3 名。本次会议的召集、召开符合《中华人民共和国公司法》（以下简称《公司法》） 和本公司《公司章程》《独立董事工作制度》的规定。经与会独立董事认真审议，基于 独立、客观判断的立场，就相关审议事项形成会议决议如下： 一、审议通过《关于终止公司 2025 年度向特定对象发行股票并签署相关终止协议 的议案》 根据《公司法》《中华人民共和国证券法》《上市公司证券发行注册管理办法》等 相关法律、法规及规范性文件的规定，结合实际情况，为更好地维护公司及全体股东的 利益，经审慎研究，公司决定终止本次向特定对象发行股票事项，并同意与认购对象签 署《附生效条件的股份认购协议之终止协议》。 独立董事认为，公司终止向特定对象发行股票事项并签署终止协议，主要是综合 考虑目前公司实际情况做出的审慎决策，不会对公司的正常经营和持续稳定造成重大影 响，不存在损害公司及全体股东特别是中小股东利益的情形， ...

证券代码：600531 证券简称：豫光金铅 公告编号：临 2025-073 债券代码：110096 债券简称：豫光转债 公司于 2025 年 8 月 14 日召开第九届董事会第二十次会议，审议通过了《关于 终止 2025 年度向特定对象发行股票并签署相关终止协议的议案》，同意公司终止 本次向特定对象发行股票，并与豫光集团签署《终止协议》。豫光集团为公司控股 股东，根据《上海证券交易所股票上市规则》的有关规定，本次发行构成关联交易。 本次董事会涉及的关联董事已履行相应回避表决程序，相关议案由非关联董事表决 通过。本次关联交易不构成《上市公司重大资产重组管理办法》规定的重大资产重 组。 二、终止向特定对象发行股票事项的原因 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司证券发 行注册管理办法》等相关法律、法规及规范性文件的规定，结合公司实际情况，为 更好地维护公司及全体股东的利益，经审慎研究，公司决定终止本次向特定对象发 行股票事项。 河南豫光金铅股份有限公司 关于终止向特定对象发行股票 并签署终止协议的公告 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 ...