关于控股股东部分股份解质押的公告 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法律责任。 重要内容提示： 证券代码：600711 证券简称：盛屯矿业 公告编号：2025-076 盛屯矿业集团股份有限公司 公司于近日接到公司控股股东深圳盛屯集团的通知，获悉其将持有的公司股 份进行了解除质押，具体情况如下： | 股东名称 | 深圳盛屯集团有限公司 | | --- | --- | | 本次解质股份（股） | 17,300,000 | | 占其所持股份比例（%） | 3.78 | | 占公司总股本比例（%） | 0.56 | | 解除质押时间 | 2025.12.18 | | 持股数量（股） | 457,494,897 | | 持股比例（%） | 14.8 | | 剩余被质押股份数量（股） | 248,780,000 | | 剩余被质押股份数量占其所持股份比例（%） | 54.38 | | 剩余被质押股份数量占公司总股本比例（%） | 8.05 | 经与公司控股股东确认，本次解除质押的股份后续是否会用于质押尚不确定。 截至本公告日，公司控股股 ...

盛屯矿业公告称，近日，控股股东深圳盛屯集团将持有的1730万股公司股份解质押，占其所持股份的 3.78%，占公司总股本的0.56%，解质押时间为2025年12月18日。截至公告披露日，控股股东、实际控 制人及其一致行动人累计持股5.55亿股，占总股本17.95%；控股股东及其一致行动人累计质押2.68亿 股，占其持股的48.28%，占总股本的8.67%。本次解质后，控股股东剩余被质押股份2.49亿股，占其所 持股份的54.38%。后续是否再质押尚不确定，目前所质押股份无平仓风险。 ...

Investment Rating - The report maintains a "Buy" rating for several companies in the non-ferrous metals sector, including Shandong Gold, Zijin Mining, and others [3][6]. Core Views - The report highlights that the Federal Reserve's interest rate cut and balance sheet expansion are favorable for precious metals, with expectations of further rate cuts in 2026 [1][35]. - For industrial metals, the report notes that copper inventories are increasing in the U.S., while non-U.S. regions face supply tightness, which could lead to a short squeeze [2]. - The aluminum market is supported by positive macroeconomic policies and low inventory levels, leading to a strong price floor [2]. - Nickel prices are expected to remain low due to seasonal demand weakness [2]. - Lithium prices are experiencing fluctuations due to supply disruptions, while cobalt supply is set to increase with the resumption of exports from the Democratic Republic of Congo [2]. Summary by Sections Precious Metals - The Federal Reserve's recent actions are expected to boost liquidity and support precious metal prices [1][35]. - The market anticipates two rate cuts in 2026, which could influence precious metal investments positively [1][35]. Industrial Metals - **Copper**: U.S. copper inventories are rising, while low inventories in non-U.S. regions raise concerns about supply [2]. - **Aluminum**: The aluminum market is experiencing a strong price support due to positive economic data and low inventory levels [2]. - **Nickel**: Nickel prices are projected to remain low as demand enters a seasonal downturn [2]. Energy Metals - **Lithium**: Prices are fluctuating due to supply disruptions, with recent increases in lithium carbonate prices [2]. - **Cobalt**: The resumption of cobalt exports from the Democratic Republic of Congo is expected to stabilize supply and maintain high price levels [2]. Key Companies to Watch - The report suggests monitoring companies such as Shandong Gold, Zijin Mining, and others for potential investment opportunities [1][2][6].

Group 1 - The controlling shareholder of Shengtun Mining holds approximately 457 million shares, accounting for 14.8% of the total shares [1] - The actual controller, Mr. Yao Xiongjie, holds about 40.3 million shares, representing 1.3% of the total shares [1] - As of the announcement date, the total shares held by the controlling shareholder, actual controller, and their concerted actions amount to approximately 555 million shares, which is 17.95% of the total share capital [1] Group 2 - After the share pledge, the controlling shareholder and their concerted actions have pledged approximately 285 million shares, which is 51.4% of their holdings and 9.23% of the total share capital [1] - For the year 2024, the revenue composition of Shengtun Mining is as follows: energy metals business accounts for 60.98%, basic metals business for 31.29%, metal smelting and comprehensive recovery for 5.14%, and other businesses for 2.58% [1] - The current market capitalization of Shengtun Mining is 41.6 billion yuan [2]

关于控股股东部分股份质押的公告 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法律责任。 重要内容提示： ●盛屯矿业集团股份有限公司（以下简称"公司"或"盛屯矿业"）控股股 东深圳盛屯集团有限公司（以下简称"深圳盛屯集团"）持有公司股份 457,494,897 股，占公司股份总数的 14.80%；公司实际控制人姚雄杰先生持有公 司股份 40,305,000 股，占公司股份总数的 1.30%。 证券代码：600711 证券简称：盛屯矿业 公告编号：2025-075 盛屯矿业集团股份有限公司 ●截至本公告披露日，公司控股股东、实际控制人及其一致行动人累计持有 公司股份数量为 554,799,897 股，占公司总股本比例为 17.95%；本次股份质押 后，公司控股股东及其一致行动人累计质押公司股份数量 285,180,000 股，占其 持有公司股份的比例为 51.40%，占公司总股本的比例为 9.23%。 一、股份被质押 公司于近日获悉控股股东深圳盛屯集团所持有本公司的部分股份被质押，具 体情况如下： | 股东名 | 是否为控 | 本次质押股 ...

Core Viewpoint - Loncor Gold Inc. shareholders have overwhelmingly approved the acquisition by Chengtun Mining Group, with 99.70% of votes in favor at the special meeting [1][3]. Group 1: Acquisition Details - The acquisition requires at least 66 2/3% approval from shareholders present at the meeting, along with a simple majority excluding certain votes as per Multilateral Instrument 61-101 [2]. - The voting results showed 128,180,130 shares (99.70%) approved the acquisition, while 390,031 shares (0.30%) were against it [3]. - Excluding votes that needed to be excluded for minority approval, 98,012,721 shares (99.60%) were in favor [3]. Group 2: Next Steps - The transaction's closing is contingent upon receiving a final order from the Ontario Superior Court of Justice and meeting other conditions outlined in the arrangement agreement dated October 14, 2025 [3]. Group 3: Company Background - Loncor Gold Inc. is focused on gold exploration in the Ngayu Greenstone Gold Belt in the Democratic Republic of the Congo, with significant resources at the Imbo Project [5][6]. - The Adumbi deposit has an indicated mineral resource of 1.88 million ounces of gold, with an inferred resource of 2.09 million ounces [6]. Group 4: Chengtun Mining Overview - Chengtun Mining specializes in developing new energy metal resources, including mining and refining operations focused on copper, cobalt, and nickel, and has identified gold as a strategic area for future development [8].

Core Insights - The energy metals sector experienced a decline of 0.3% on December 11, with Shengtun Mining leading the drop [1] - The Shanghai Composite Index closed at 3873.32, down 0.7%, while the Shenzhen Component Index closed at 13147.39, down 1.27% [1] Stock Performance - The following stocks in the energy metals sector showed notable price changes: - Zangge Mining (000408) closed at 71.99, up 2.83% with a trading volume of 194,200 shares and a turnover of 1.401 billion [1] - Rongjie Co., Ltd. (002192) closed at 49.99, up 0.85% with a trading volume of 215,700 shares and a turnover of 206 million [1] - Tianqi Lithium (002466) closed at 53.10, up 0.40% with a trading volume of 518,400 shares and a turnover of 2.776 billion [1] - Other notable declines include: - Ganfeng Lithium (002460) closed at 62.99, down 0.54% with a turnover of 3.566 billion [1] - Shengxin Lithium Energy (002240) closed at 31.97, down 1.11% with a turnover of 2.03 billion [1] Capital Flow - The energy metals sector saw a net outflow of 377 million from institutional investors, while retail investors experienced a net outflow of 186 million [2] - Conversely, speculative funds recorded a net inflow of 563 million [2] Detailed Capital Flow Analysis - Key stocks and their capital flow include: - Rongjie Co., Ltd. (002192) had a net inflow of 13.514 million from institutional investors, accounting for 12.36% [3] - Tianqi Lithium (002466) saw a net inflow of 91.027 million from institutional investors, but a net outflow of 24.662 million from speculative funds [3] - Zangge Mining (000762) had a net inflow of 26.137 million from institutional investors, but a net outflow of 27.906 million from retail investors [3] - Shengxin Lithium Energy (002240) experienced a net outflow of 3.428 million from institutional investors [3]

Core Insights - The energy metals sector increased by 1.26% on December 10, with Shengxin Lithium leading the gains [1] - The Shanghai Composite Index closed at 3900.5, down 0.23%, while the Shenzhen Component Index closed at 13316.42, up 0.29% [1] Energy Metals Sector Performance - Shengxin Lithium (002240) closed at 32.33, up 5.97%, with a trading volume of 766,800 shares and a transaction value of 2.453 billion [1] - Other notable performers include: - Zangge Mining (000408) at 70.01, up 2.96%, with a transaction value of 1.015 billion [1] - BQ New Materials (605376) at 55.11, up 2.15%, with a transaction value of 574 million [1] - Yongxing Materials (002756) at 46.51, up 1.57%, with a transaction value of 664 million [1] - Ganfeng Lithium (002460) at 63.33, up 1.33%, with a transaction value of 3.694 billion [1] Capital Flow Analysis - The energy metals sector saw a net inflow of 456 million from main funds, while retail investors experienced a net outflow of 688 million [2] - Speculative funds contributed a net inflow of 232 million [2]

Core Viewpoint - The international copper prices have reached historical highs due to increasing concerns over global supply shortages, although a recent pullback was observed on December 9 [1][2]. Supply and Demand Dynamics - The core factor driving the rise in copper prices is the sustained tightness in supply, with several mining companies lowering their mid-term production forecasts and a significant number of cancellation requests for LME warehouse receipts [3]. - Demand for copper is steadily increasing in sectors such as electric vehicles, power grid construction, and AI data centers, contributing to a robust demand outlook [3]. Market Performance - Following a surge in copper prices since November 28, related A-share concept stocks have shown strong performance, with companies like Shengton Mining and Jiangxi Copper seeing cumulative increases of 17.36% and 13.96%, respectively [2]. - On December 9, copper futures on the LME fell over 1%, with the main contract on the Shanghai Futures Exchange dropping 1.46%, reflecting a broader market reaction [2]. Long-term Outlook - Institutions maintain an optimistic long-term outlook for copper prices, with expectations of new highs by 2026 driven by factors such as the ongoing U.S. interest rate cycle and geopolitical stability [4]. - The International Copper Study Group (ICSG) anticipates a supply gap of 150,000 tons by 2026 due to limited new copper mining capacity, further supporting price increases [4]. Structural Supply Concerns - While short-term supply is expected to meet demand, there are concerns about potential structural shortages in the long term, driven by economic recovery and growth in emerging industries [5]. - The overall market sentiment is cautious, with indications of profit-taking among investors, suggesting a need for careful position management [5].

Core Points - The company, Shengtun Mining, announced that as of the disclosure date, the total external guarantees provided by the company and its controlling subsidiaries amounted to 736,279.03 million yuan, which represents 47.58% of the company's most recent audited net assets [2] - Among the total guarantees, 17,204.00 million yuan was provided to associated companies, while 719,075.03 million yuan was provided to controlling subsidiaries, accounting for 46.47% of the company's most recent audited net assets [2] - The company reported that there are no overdue external guarantees [2]