股票代码：600549 股票简称：厦门钨业 公告编号：临-2025-055 本次会议同意免去姜涛先生公司第二期员工持股计划管理委员会委员职务， 并选举王爱莲女士为公司第二期员工持股计划管理委员会委员，与原其他 14 名 委员共同组成公司第二期员工持股计划管理委员会。 特此公告。 厦门钨业股份有限公司 董 事 会 第二期员工持股计划第三次持有人会议决议公告 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法律责任。 厦门钨业股份有限公司（以下简称"公司"）第二期员工持股计划第三次持 有人会议于 2025 年 6 月 23 日以现场与通讯相结合方式召开，会前 2025 年 6 月 会议由管理委员会主任洪超额先生主持，出席会议的持有人 139 人，代表份额 开和表决程序符合《厦门钨业股份有限公司第二期员工持股计划（草案）》、《厦 门钨业股份有限公司第二期员工持股计划管理办法》的相关规定。 本次会议以记名投票表决方式审议通过了《关于公司第二期员工持股计划管 理委员会委员变更的议案》。表决结果为：同意 29,920,000 份，占出席会议持 有人所 ...

股票代码：600549 股票简称：厦门钨业 公告编号：临-2025-056 厦门钨业股份有限公司 第三期员工持股计划第二次持有人会议决议公告 本议案尚需提交公司董事会审议。 二、审议通过《关于公司第三期员工持股计划管理委员会委员变更的议案》 本次会议以记名投票表决方式表决通过了《关于公司第三期员工持股计划管 理委员会委员变更的议案》。表决结果为：同意 9,200,000 份，占出席会议持有 1 / 2 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法律责任。 厦门钨业股份有限公司（以下简称"公司"）第三期员工持股计划第二次持 有人会议于 2025 年 6 月 23 日以现场与通讯相结合方式召开，会前 2025 年 6 月 17 日公司第三期员工持股计划管理委员会以电子邮件的方式通知了全体持有人。 会议由管理委员会主任洪超额先生主持，出现会议的持有人 56 人，代表份额 9,400,000 份，占公司第三期员工持股计划总份额的 98.95%。会议的召集、召开 和表决程序符合《厦门钨业股份有限公司第三期员工持股计划（草案）》、《厦 门钨业股 ...

厦门钨业股份有限公司 第二期员工持股计划第三次持有人会议决议公告 股票代码：600549 股票简称：厦门钨业 公告编号：临-2025-055 特此公告。 厦门钨业股份有限公司 董 事 会 2025 年 6 月 24 日 1 / 1 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法律责任。 厦门钨业股份有限公司（以下简称"公司"）第二期员工持股计划第三次持 有人会议于 2025 年 6 月 23 日以现场与通讯相结合方式召开，会前 2025 年 6 月 17 日公司第二期员工持股计划管理委员会以电子邮件的方式通知了全体持有人。 会议由管理委员会主任洪超额先生主持，出席会议的持有人 139 人，代表份额 30,400,000 份，占公司第二期员工持股计划总份额的 98.25%。会议的召集、召 开和表决程序符合《厦门钨业股份有限公司第二期员工持股计划（草案）》、《厦 门钨业股份有限公司第二期员工持股计划管理办法》的相关规定。 本次会议以记名投票表决方式审议通过了《关于公司第二期员工持股计划管 理委员会委员变更的议案》。表决结果为：同意 29, ...

Group 1 - The core viewpoint of the news is that Xiamen Tungsten Co., Ltd. has been recognized for its outstanding performance in sustainable development by being included in the "Sustainable Development Yearbook (China Edition) 2025" and awarded the title of "Best Progress Company" in the metals and mining industry by S&P Global [1][2] - S&P Global's Corporate Sustainability Assessment (CSA) is one of the most influential and recognized sustainability assessment systems globally, evaluating over 1,600 Chinese companies across more than 60 industries in 2024 [1] - Only 160 companies were selected for the yearbook, with only 44 receiving the "Best Progress Company" title, which is awarded to companies that improved their CSA scores by 5% or more compared to the previous year and achieved the largest increase in their industry [1] Group 2 - The recognition from an international authority highlights the significant achievements of Xiamen Tungsten in sustainable development practices over the past year [2] - The company has embedded sustainable development into its core strategy, focusing on environmental protection, social responsibility, and corporate governance, contributing to global climate change mitigation and the achievement of national "dual carbon" goals and UN sustainable development goals [2]

- The report focuses on monitoring the capital behavior of the rare earth industry, emphasizing its strategic importance in high-end manufacturing, new energy, and defense technology[2][10] - The CSI Rare Earth Industry Index (930598.CSI), composed of 42 A-share listed companies involved in the rare earth industry, has risen by 18.06% in 2025 and 10.09% since April 7, 2025[2][12][13] - Public fund holdings in the rare earth sector are at their lowest level since 2018, based on real-time calculations using public market information such as fund net value, disclosed holdings, and research activities[3][17] - ETF holdings in the rare earth sector are at a historical high, accounting for 3.8% of the sector's market value as of Q1 2025, reflecting the growing trend of index investment in the A-share market[3][19][20] - Margin financing in the rare earth sector has remained stable in 2025, while short selling levels are relatively low, indicating a positive market outlook among investors[3][22][24] - Institutional research activities have been most frequent for companies like Wolong Electric, JL MAG Rare-Earth, and Shenghe Resources in 2025[3][25][27] - Key stocks such as Guangsheng Nonferrous, China Rare Earth, and Keheng Co. have garnered the highest attention from influential users on the Xueqiu platform, highlighting their market interest[3][28][30] - Major funds have shown significant net inflows into stocks like Lingyi iTech, Guangsheng Nonferrous, and Aluminum Corporation of China since June 1, 2025, based on large and ultra-large order data[3][30][31] - Stocks such as Yingluohua, Keheng Co., and Jiuling Technology have frequently appeared on the Dragon and Tiger List since June 1, 2025, indicating active trading by major market players[3][32][33] - High-frequency shareholder data reveals that companies like Wolong Electric, Huahong Technology, and Yunlu Co. have experienced the highest increases in shareholder numbers, which may signal potential risks for subsequent stock price movements[3][35][36]

证券代码：600549 证券简称：厦门钨业 公告编号：临-2025-054 厦门钨业股份有限公司 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法律责任。 重要内容提示： ? 每股分配比例 A 股每股现金红利0.42元 ? 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 28 日的2024年年度股东大会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 本次利润分配以方案实施前的公司总股本1,587,585,826股为基数，每股派发现金红利 ，共计派发现金红利666,786,046.92元。 三、 相关日期 | 股份类别 | 股权登记日 | | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/26 | － | 2025/6/27 | 2025/6/27 ...

证券代码：600549 证券简称：厦门钨业 公告编号：临-2025-054 厦门钨业股份有限公司 2024年年度权益分派实施公告 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法律责任。 重要内容提示： 每股分配比例 A 股每股现金红利0.42元 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/26 | － | 2025/6/27 | 2025/6/27 | 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 28 日的2024年年度股东大会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3. 分配方案： 本次利润分配以方案实施前的公司总股本1,587,585,826股为基数，每股派发现金红利 0.42元（含税），共计派发 ...

Investment Rating - The report maintains a "Market Weight" rating for the non-ferrous metals industry, indicating that the industry is expected to perform in line with the market index within the next six months [56]. Core Views - The non-ferrous metals industry has shown resilience, with a 1.95% increase over the past two weeks, outperforming the CSI 300 index by 2.83 percentage points, ranking 4th among 31 industries [2][13]. - Precious metals have seen a significant rise, with a 39.57% increase year-to-date, driven by factors such as central bank purchases and heightened investment demand [19][51]. - The report highlights the structural advantages of China's rare earth industry, emphasizing its leading position in production and refining technology, which is expected to play a crucial role in global resource competition [52][53]. Summary by Sections Market Review - As of June 19, 2025, the non-ferrous metals industry has increased by 1.95% over the last two weeks, 4.55% for the month, and 13.03% year-to-date, outperforming the CSI 300 index in all time frames [2][13][19]. - The sub-sectors include precious metals up by 4.05%, energy metals up by 3.22%, industrial metals up by 2.03%, and small metals down by 0.97% [18][19]. Industry News - The Federal Reserve has maintained the benchmark interest rate at 4.25%-4.50%, which is expected to exert slight pressure on gold prices in the short term, but long-term factors such as increased central bank purchases and investment demand are likely to support gold prices [51][40]. - The Ministry of Commerce has accelerated the review of rare earth export licenses, reflecting a growing focus on the rare earth industry due to changes in tariff policies and emerging demand [52][42]. Company Announcements - Companies such as Xiamen Tungsten and China Rare Earth have announced significant projects aimed at enhancing production capacity and market position, indicating a proactive approach to industry growth [45][54]. - Zijin Mining has adjusted its copper production guidance due to operational challenges, which may impact its profitability in the short term [49][50]. Price Analysis - As of June 19, 2025, LME prices for key industrial metals are as follows: copper at $9,619.50/ton, aluminum at $2,525.50/ton, and nickel at $15,040/ton [25]. - Precious metals prices include COMEX gold at $3,386.40/oz and silver at $36.76/oz, with slight fluctuations noted since early June [34][51].

Group 1: Liquidity and Performance of Rare Metal ETF - The rare metal ETF had an intraday turnover of 1.2%, with a transaction value of 10.24 million yuan [3] - Over the past year, the average daily transaction value of the rare metal ETF was 36.11 million yuan, ranking first among comparable funds [3] - The net asset value of the rare metal ETF increased by 13.41% over the past year [3] - The highest monthly return since inception was 24.02%, with the longest consecutive monthly increase being 3 months and an average monthly return of 7.60% [3] Group 2: Growth and Valuation of Rare Metal ETF - The rare metal ETF's scale grew by 5.45 million yuan over the past year, also ranking first among comparable funds [3] - The latest financing buy-in amount reached 1.70 million yuan, with a financing balance of 25.74 million yuan [3] - The valuation of the index tracked by the ETF is at a historical low, with a price-to-book ratio (PB) of 2.21, lower than 84.84% of the time over the past five years, indicating strong valuation attractiveness [3] Group 3: Export Controls and Market Dynamics - Since 2023, China has implemented export controls on various rare metals, leading to significant price increases for most of these metals [4] - The demand for rare earth materials in domestic sectors such as new energy vehicles and air conditioning is expected to grow at rates of 37% and 19%, respectively, by 2025 [4] - The domestic rare earth market may be entering a destocking phase, with overseas price increases likely to drive domestic prices up [4] Group 4: Top Holdings in Rare Metal Index - The top ten weighted stocks in the rare metal index include Salt Lake Co., Northern Rare Earth, and others, accounting for 54.9% of the index [4] - The individual weightings of these stocks vary, with Salt Lake Co. at 9.04% and Northern Rare Earth at 8.25% [6]

Group 1: Liquidity and Performance of Rare Earth ETF - The liquidity of the Rare Earth ETF managed by Jiashi has a turnover rate of 2.74%, with a transaction volume of 66.81 million yuan [2] - Over the past week, the average daily transaction volume of the Rare Earth ETF reached 122 million yuan, ranking first among comparable funds [2] - In the last two weeks, the Rare Earth ETF's scale increased by 568 million yuan, achieving significant growth and ranking first in new scale among comparable funds [2] - The ETF's shares increased by 39.5 million in the past week, indicating substantial growth [2] - In the last five trading days, there were net inflows on three days, totaling 115 million yuan [2] - As of June 18, the net value of the Rare Earth ETF has risen by 30.55% over the past year, ranking 376 out of 2857 in the index stock fund category, placing it in the top 13.16% [2] - Since its inception, the ETF has recorded a highest monthly return of 41.25%, with the longest consecutive monthly gains being four months and a maximum cumulative increase of 83.89% [2] Group 2: Key Holdings and Market Dynamics - As of May 30, the top ten weighted stocks in the China Rare Earth Industry Index account for 57.28% of the index, including Northern Rare Earth, China Rare Earth, Wolong Electric Drive, and others [2] - The Ministry of Commerce announced on June 19 that it will expedite the review of rare earth export license applications, emphasizing the importance of maintaining global supply chain stability [4] - Recent reports suggest that domestic export licenses are being gradually issued, and rising prices abroad are expected to be transmitted to the domestic market [5] - The domestic rare earth prices are currently at a cyclical low, with expectations for a continued upward adjustment in price levels [5] - Investors can consider the Rare Earth ETF Jiashi linked fund (011036) to capitalize on investment opportunities in the rare earth sector [5]