Group 1 - Fujian local stocks experienced a significant afternoon rally, with companies such as Xiamen Port Authority, Fuzhijng Technology, and Snowman Group hitting the daily limit up [1] - Other stocks that followed the upward trend include Xingyun Co., Pingtan Development, Xiamen Airport, Dongbai Group, and Haixia Innovation [1] Group 2 - Notable stock performances include: - Hengkun New Materials (688727) with a rise of 62.06% and a one-year increase of 314.01% [2] - Snowman Group (002639) up by 21.96% with a one-year increase of 212.82% [2] - Xiamen Port Authority (000905) increased by 14.17% with a one-year rise of 124.92% [2] - Fuzhijng Technology (002222) surged by 63.98% with a one-year increase of 94.47% [2] - Luyan Pharmaceutical (002788) rose by 24.99% with a one-year increase of 213.55% [2] - Shengtun Mining (600711) increased by 17.31% with a one-year rise of 283.81% [2] - Huamao Technology (603306) up by 67.02% with a one-year increase of 107.81% [2] - Aerospace Development (000547) increased by 36.16% with a one-year rise of 383.42% [2] - Xingyun Co. (300648) rose by 55.87% with a one-year increase of 131.73% [2] - ST Green Kang (002868) increased by 39.03% with a one-year rise of 170.48% [2]

Core Viewpoint - The rare earth and precious metals sectors are experiencing significant price increases, driven by supply constraints and strong demand, particularly in the context of China's regulatory measures and global economic conditions [1][2]. Group 1: Market Performance - The National Securities Nonferrous Metals Industry Index (399395) rose by 1.88%, with notable gains in individual stocks such as Rare Earth (600259) up 10.00%, Shengtun Mining (600711) up 9.01%, and Xingye Silver Tin (000426) up 7.57% [1]. - The Nonferrous ETF Fund (159880) increased by 2.01%, marking its fifth consecutive rise, with the latest price reported at 2.13 yuan [1]. Group 2: Supply and Demand Dynamics - On the supply side, domestic rare earth supply regulation is expected to smooth out the issuance of quotas, while overseas supply is projected to continue growing as new projects come online [2]. - Demand for rare earths is anticipated to remain strong, particularly from the electric vehicle sector and robotics, further emphasizing the scarcity of resources and potentially driving prices higher [2]. Group 3: Gold and Silver Market Insights - Global central banks continue to increase their gold holdings, which supports the ongoing bullish trend in gold prices, especially during periods of interest rate cuts [2]. - Silver ETF holdings are expected to rise significantly by 2025, driven by its financial attributes, which will likely contribute to an increase in silver prices [2]. Group 4: Index Composition - As of December 31, 2025, the top ten weighted stocks in the National Securities Nonferrous Metals Industry Index (399395) include Zijin Mining (601899), Luoyang Molybdenum (603993), and Northern Rare Earth (600111), collectively accounting for 51.65% of the index [3].

Group 1 - The core viewpoint of the news highlights a significant upward movement in the nickel sector, with companies like Zhongwei Co., Ltd. experiencing a rise of over 15% [1] - Other companies in the nickel concept, such as Greeenmei, are approaching their daily limit increase, indicating strong market interest and activity [1] - Additional companies like Weiming Environmental Protection, Huayou Cobalt, Hanrui Cobalt, and Shengtun Mining also showed notable gains, reflecting a broader positive trend in the industry [1]

（二）股东会的召集人：公司董事会 （三）会议召开的日期、时间 证券代码：600711 证券简称：盛屯矿业 公告编号：2026-001 盛屯矿业集团股份有限公司 关于召开 2026 年第一次临时股东会提示性公告 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。 盛屯矿业集团股份有限公司（以下简称"公司"）定于 2026 年 1 月 12 日以 现场投票、网络投票相结合方式召开公司 2026 年第一次临时股东会。董事会已 于 2025 年 12 月 26 日在上海证券交易所网站(http：//www.sse.com.cn)披露了 《盛屯矿业集团股份有限公司关于召开 2026 年第一次临时股东会的通知》（公 告编号：2025-079）。根据相关规定，现发布本次股东会的提示性公告，具体内 容如下： 一、召开会议的基本情况 （一）股东会届次：2026 年第一次临时股东会 现场会议时间：2026 年 1 月 12 日 14：30 网络投票时间：2026 年 1 月 12 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为 ...

盛屯矿业集团股份有限公司 2026 年第一次临时股东会资料 股票代码：600711 股票简称：盛屯矿业 盛屯矿业集团股份有限公司 2026 年第一次临时股东会资料 股权登记日期：2026 年 1 月 5 日 会议召开日期：2026 年 1 月 12 日 二〇二六年一月 1 盛屯矿业集团股份有限公司 2026 年第一次临时股东会资料 盛屯矿业集团股份有限公司 2026 年第一次临时股东会会议须知 为了维护广大投资者的合法权益，保证股东在公司股东会上依法行使职权， 确保股东会的正常秩序和议事效率，根据《公司法》、《上市公司股东会规则》 及《公司章程》等有关规定，制定以下会议须知。 2 一、本次股东会采取现场投票和网络投票相结合的方式。公司股东只能选择 现场投票和网络投票中的一种表决方式。如同一股份通过现场和网络投票系统重 复进行表决的，以第一次投票表决结果为准。 二、出席会议人员应当听从公司工作人员安排，共同维护好会议秩序。未经 公司董事会同意，除公司工作人员外的任何人不得以任何方式进行摄像、录音和 拍照。 三、本次会议的出席人员为2026年1月5日下午上海证券交易所交易结束后， 在中国证券登记结算有限责任公司上 ...

Core Viewpoint - ST Shengtun has been penalized by the Xiamen Securities Regulatory Bureau for recognizing revenue improperly, leading to false financial reporting during the period from December 2021 to the first half of 2023 [1][4]. Group 1: Regulatory Actions - The company received an administrative penalty including a warning and a fine of 3 million yuan due to violations of the Securities Law [4]. - Relevant personnel involved in the violations also received warnings and fines [4]. Group 2: Investor Compensation - Investors who purchased ST Shengtun (600711) stock between April 26, 2022, and April 21, 2024, and held the stock at the close on April 21, 2024, are eligible for compensation [2][4]. - The necessary documentation for claims includes original trading statements, copies of investor identification, and confirmation of securities account status from the brokerage [5].

Group 1 - The report highlights that industrial metal prices have shown a significant upward trend, particularly for copper and tin, which are constrained by supply issues. Prices have gradually increased throughout the year, with copper reaching a historical high [14][15][39]. - The overall performance of the non-ferrous metal sector has been impressive, with a year-to-date weighted average increase of 100.46% as of December 11, 2025, outperforming major indices like the Shanghai Composite and CSI 300 [26][33]. - The macroeconomic environment is expected to remain favorable for industrial metals in 2026, with continued liquidity support from the U.S. Federal Reserve's interest rate cuts and domestic policies aimed at boosting demand [39][10]. Group 2 - The report identifies AI and energy storage as significant drivers of marginal demand growth for copper and aluminum, with substantial capital expenditures from major cloud service providers expected to continue [45][58]. - For copper, the demand from AI data centers is projected to add approximately 26.8 thousand tons to total copper demand in 2026, driven by increased infrastructure investments [58][59]. - In the aluminum sector, while demand growth is anticipated, it is expected to be more limited compared to copper, with projected aluminum demand from data centers reaching around 78 thousand tons globally by 2026 [64][66]. Group 3 - The supply side for copper remains constrained due to ongoing production cuts and delays in new mining projects, which are expected to exacerbate structural shortages in the market [42][43]. - The aluminum market is facing a rigid supply ceiling domestically, with limited growth in production capacity and risks of shutdowns due to high electricity costs [43][44]. - The report recommends several companies with strong growth potential in the copper sector, including Shengtun Mining, Zangge Mining, and Zijin Mining, as well as companies in the aluminum sector like China Aluminum and China Hongqiao [11][39].

Group 1 - The company announced the termination of its investment in the nickel project in Indonesia due to changes in market outlook and investment expectations, leading to the dissolution of the joint venture PT.ChengMach Nickel Indonesia [2][3] - The project was initially approved in December 2021, with a production capacity of 40,000 tons of nickel metal, and a 19% stake was sold to Huayou Holding SG Ptd.Ltd. for $190,000 in August 2022 [2] - The board of directors stated that the termination of the investment and the dissolution of the joint venture had unanimous agreement from all parties involved and would not significantly impact the company's financial status or operational results [3] Group 2 - The company has only engaged in preliminary planning and preparation for the project, with no substantial capital investment made to date [3] - The board emphasized a commitment to continuously optimize investment strategies based on market changes and focus on core business development in the future [3]

Group 1 - The market is experiencing a decline in volatility, which may create conditions for a breakthrough of previous highs. However, there may be increased volatility in early January due to profit-taking by investors and potential redemption pressure in the ETF market [1] - The overall profit growth of the market is gradually recovering but lacks elasticity, leading to a focus on thematic assets and investment opportunities under grand narratives [1] - It is suggested to start gradually positioning in various thematic investment opportunities in mid to late January [1] Group 2 - The report recommends a selection of "golden stocks" for January 2026, including companies such as Midea Group, Senqilin, and China Ping An, each with specific investment logic and growth potential [15] - Midea Group is expected to benefit from strong B-end revenue growth and a high dividend payout ratio, while Senqilin is positioned to gain from overseas production capacity and pricing power due to EU tariffs [15] - Sunshine Power is anticipated to see high growth in its energy storage business, driven by demand in North America and new product launches [15] Group 3 - Key financial data for the recommended stocks indicates expected earnings per share (EPS) growth for Midea Group from 5.07 yuan in 2024 to 6.37 yuan in 2026, with a price-to-earnings (PE) ratio decreasing from 16 to 12 [16] - Senqilin's EPS is projected to increase from 2.11 yuan in 2024 to 1.83 yuan in 2026, with a PE ratio expected to drop from 10 to 12 [16] - China Ping An is forecasted to have an EPS growth from 6.95 yuan in 2024 to 9.51 yuan in 2026, with a PE ratio decreasing from 10 to 7 [16]

Group 1 - The energy metals sector increased by 1.84% on December 30, with Shengtu Mining leading the gains [1] - The Shanghai Composite Index closed at 3965.12, unchanged, while the Shenzhen Component Index rose by 0.49% to 13604.07 [1] - Key stocks in the energy metals sector showed varied performance, with Jidian Mining up by 4.72% and Ganfeng Lithium down by 1.79% [2] Group 2 - The main capital flow in the energy metals sector showed a net outflow of 153 million yuan from institutional investors and 158 million yuan from speculative funds, while retail investors had a net inflow of 311 million yuan [2][3] - Specific stock capital flows indicated that Huayou Cobalt had a net inflow of 490 million yuan from main funds, while Shengtu Mining experienced a net outflow of 961.26 million yuan [3] - The overall trading volume and turnover for key stocks in the sector varied, with Yongxing Materials achieving a turnover of 266.68 million yuan and Tianqi Lithium at 3.159 billion yuan [1][2]