Group 1 - The second largest shareholder, Jiyuan Investment Group Co., Ltd., holds 75,152,132 shares, accounting for 6.89% of the total share capital of the company [1] - Jiyuan Investment Group has released and re-pledged part of its shares, with a total of 37,256,000 shares pledged, which is 49.57% of its holdings and 3.42% of the company's total share capital [1] - On September 4, 2025, Jiyuan Investment Group released 10,000,000 shares previously pledged to Guotai Junan Securities Co., Ltd. [1][2] Group 2 - On September 5, 2025, Jiyuan Investment Group re-pledged the same 10,000,000 shares to Guotai Junan Securities Co., Ltd. [2] - The pledged shares are not used as collateral for major asset restructuring performance compensation or other matters [2]

（记者 王晓波） 2024年1至12月份，豫光金铅的营业收入构成为：有色金属占比49.24%，贵金属占比46.1%，其他行业 占比2.45%，化工占比2.02%，其他业务占比0.19%。 截至发稿，豫光金铅市值为108亿元。 每经头条（nbdtoutiao）——"中国真正实现了弯道超车"！从美国回来14年，陈智胜亲历中国创新药大 爆发：以前跨国药企不太信任中国数据，但现在不同了 每经AI快讯，豫光金铅（SH 600531，收盘价：9.87元）9月8日晚间发布公告称，公司于近日接到第二 大股东济源投资集团有限公司通知，获悉投资集团所持有的公司部分股份已办理了解除质押及再质押手 续。 公司第二大股东济源投资集团有限公司持有公司股份约7515万股，占公司总股本的6.89%。本次解除质 押及再质押后，济源投资集团有限公司累计质押公司股份约3726万股，占其持股总数的49.57%，占公 司总股本的3.42%。 ...

| 证券代码：600531 | 证券简称：豫光金铅 | 公告编号：临 2025-079 | | --- | --- | --- | | 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 关于公司第二大股东部分股份解除质押 及再质押的公告 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: 2025 年 9 月 5 日，公司第二大股东投资集团办理了证券质押登记业务，将 其持有的公司 10,000,000 股无限售条件流通股再次质押给国泰海通证券股份有 限公司。本次股份质押情况具体如下： 河南豫光金铅股份有限公司（以下简称"公司"）于近日接到第二大股东济 源投资集团有限公司（以下简称"投资集团"）通知，获悉投资集团所持有的公 司部分股份已办理了解除质押及再质押手续，具体事项如下： 一、股东股份解除质押的具体情况 公司第二大股东投资集团于 2025 年 9 月 4 日将原质押给国泰海通证券股份 有限公司的 10,000,000 股公司股份办理了解除质押手续。具体情况如下： | 股东名 ...

Core Viewpoint - The stock of Yuguang Gold Lead has experienced fluctuations, with a recent decline of 2.10% and a significant net outflow of funds, indicating potential investor concerns amidst a backdrop of overall price increases this year [1][2]. Company Overview - Yuguang Gold Lead Co., Ltd. is located in Jiyuan City, Henan Province, and was established on January 6, 2000, with its stock listed on July 30, 2002. The company specializes in non-ferrous metal smelting, chemical raw material sales, precious metal smelting, and the sale of gold and silver products [2]. - The company's revenue composition includes copper products (27.63%), silver products (25.45%), lead products (21.62%), gold products (20.65%), zinc products (1.71%), antimony products (1.26%), sulfuric acid (0.31%), and other (0.19%) [2]. Financial Performance - As of August 29, 2023, Yuguang Gold Lead reported a total of 54,900 shareholders, a decrease of 9.50% from the previous period, with an average of 19,855 circulating shares per shareholder, an increase of 10.50% [2]. - For the first half of 2025, the company achieved a revenue of 22.441 billion yuan, representing a year-on-year growth of 18.93%, and a net profit attributable to shareholders of 485 million yuan, up 15.12% year-on-year [2]. Dividend Distribution - Since its A-share listing, Yuguang Gold Lead has distributed a total of 1.338 billion yuan in dividends, with 548 million yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 34.1012 million shares (an increase of 6.219 million shares), and Southern CSI 1000 ETF, holding 7.0522 million shares (an increase of 1.3461 million shares). New entrants include招商量化精选股票发起式A and 黄金股ETF, while 万家战略发展产业混合A has exited the top ten list [3].

Market Performance - On September 5, the Henan state-owned enterprise reform sector rose by 2.2%, with Yicheng New Energy leading the gains [1] - The Shanghai Composite Index closed at 3812.51, up 1.24%, while the Shenzhen Component Index closed at 12590.56, up 3.89% [1] Individual Stock Performance - Yicheng New Energy (300080) closed at 4.68, up 9.09%, with a trading volume of 725,100 shares and a transaction value of 326 million yuan [1] - Shenhuo Co. (000933) closed at 19.50, up 4.33%, with a trading volume of 338,400 shares and a transaction value of 649 million yuan [1] - Rongke Technology (300290) closed at 24.83, up 3.80%, with a trading volume of 311,300 shares and a transaction value of 760 million yuan [1] - Other notable stocks include Yuguang Jinchang (600531) and Senyuan Electric (002358), which also saw positive gains [1] Capital Flow Analysis - The Henan state-owned enterprise reform sector experienced a net inflow of 92.47 million yuan from institutional investors, while retail investors saw a net outflow of 111 million yuan [2][3] - Notable net inflows from institutional investors include Shenhuo Co. (434.19 million yuan) and Rongke Technology (404.44 million yuan) [3] - Retail investors showed significant outflows in stocks like An Cai High-Tech (600207) and Yicheng New Energy (300080) [3]

Group 1 - The core viewpoint of the articles highlights the inventory status analysis of 58 representative industrial metal companies for the first half of 2025, indicating significant changes in inventory scale and turnover efficiency [1][2][5] Group 2 - In terms of inventory scale, most industrial metal companies experienced growth in inventory during the first half of 2025, with Ningbo Fubon showing the highest year-on-year increase of 699.13%, reaching an inventory scale of 177 million [1][2] - The inventory turnover efficiency varied among companies, with Huayu Mining having the lowest turnover days at 194 days, followed by Hongxing Co. at 177 days and Shengda Resources at 137 days [5] Group 3 - From the perspective of inventory as a proportion of total assets, several companies had high inventory ratios in 2024, including Yuguang Gold Lead at 53.57%, Northern Copper at 39.48%, and Zinc Industry Co. at 38.92% [2][3] - The inventory scale and proportion of total assets for key companies in 2024 and 2025 were detailed, showing fluctuations such as a decrease in Baiyin Nonferrous's inventory scale by 5.83% to 15.545 billion, while Huafeng Aluminum's inventory increased by 26.6% to 2.882 billion [3]

Core Viewpoint - The analysis focuses on the inventory status of 58 representative industrial metal companies as of the first half of 2025, highlighting significant changes in inventory scale and turnover efficiency. Group 1: Inventory Scale - In the first half of 2025, most industrial metal companies experienced an increase in inventory scale, with Ningbo Fubon showing the highest growth rate at 1.77 billion yuan, a year-on-year increase of 699.13% [1] - Xinyuan Intelligent Manufacturing also saw a substantial increase in inventory scale, reaching 0.6 billion yuan, which is a year-on-year growth of 122.43% [1] Group 2: Inventory as a Percentage of Total Assets - In 2024, several companies had a high inventory-to-total-assets ratio, with Yuguang Gold Lead at 53.57%, Northern Copper at 39.48%, and Zinc Industry Co. at 38.92% [2][3] - Yuguang Gold Lead's inventory scale was 10.43 billion yuan, reflecting a year-on-year increase of 10.68% [2] - Other notable companies include Yunnan Copper with an inventory scale of 19.98 billion yuan, a year-on-year increase of 16.12%, and Huafeng Aluminum with an inventory scale of 2.88 billion yuan, a year-on-year increase of 26.6% [2][3] Group 3: Inventory Turnover Efficiency - Most companies reported inventory turnover days below 90 days, indicating efficient inventory management [5] - The companies with the lowest inventory turnover efficiency were Huayu Mining, Hongxing Co., and Shengda Resources, with turnover days of 194, 177, and 137 days, respectively [5]

Core Viewpoint - The company, Yuguang Gold Lead (豫光金铅), does not own any silver mines and primarily recovers silver as a byproduct from lead and copper smelting processes, positioning silver as one of its important byproducts [1] Group 1 - The company's silver production capacity ranks among the top in the industry [1] - Recent silver spot prices have reached the highest level since 2014, positively impacting the company's revenue from silver-related business [1] - The increase in silver prices has led to a corresponding rise in the prices of the company's silver products, reflecting market trends [1]

Group 1 - The company will hold a half-year performance briefing on September 16, 2025, from 9:00 to 10:00 AM [2][5] - The briefing will take place at the Shanghai Stock Exchange Roadshow Center and will be conducted in an interactive online format [3][5] - Investors can submit questions from September 9 to September 15, 2025, through the Roadshow Center website or via the company's email [2][4] Group 2 - The purpose of the briefing is to provide a comprehensive understanding of the company's half-year operating results and financial status [2][3] - The company will address common investor concerns during the briefing [3][4] - After the briefing, investors can access the main content and details of the event on the Roadshow Center website [6]

Core Viewpoint - Yuguang Gold Lead's stock price has shown significant growth this year, with a 60.13% increase, indicating strong market performance and investor interest [1][2]. Group 1: Stock Performance - As of September 5, Yuguang Gold Lead's stock price rose by 2.06% to 9.92 CNY per share, with a trading volume of 1.52 billion CNY and a market capitalization of 10.815 billion CNY [1]. - The stock has increased by 10.10% over the last five trading days, 14.95% over the last 20 days, and 30.27% over the last 60 days [1]. Group 2: Financial Performance - For the first half of 2025, Yuguang Gold Lead reported a revenue of 22.441 billion CNY, representing a year-on-year growth of 18.93%, and a net profit attributable to shareholders of 485 million CNY, up 15.12% year-on-year [2]. Group 3: Shareholder Information - As of August 29, the number of shareholders decreased by 9.50% to 54,900, while the average number of circulating shares per person increased by 10.50% to 19,855 shares [2]. - The company has distributed a total of 1.338 billion CNY in dividends since its A-share listing, with 548 million CNY distributed over the last three years [3]. Group 4: Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited is the third-largest circulating shareholder with 34.1012 million shares, an increase of 6.219 million shares from the previous period [3]. - Southern CSI 1000 ETF is the sixth-largest circulating shareholder with 7.0522 million shares, up by 134,610 shares, while new shareholders include招商量化精选股票发起式A and 黄金股ETF [3].