1000.00 1500.00 2000.00 2500.00 3000.00 3500.00 4000.00 4500.00 1月 2月 3月 4月 5月 6月 7月 8月 9月 10月 11月 12月 1月 柳林主焦 2021 2022 2023 2024 2025 500.00 1000.00 1500.00 2000.00 2500.00 3000.00 3500.00 100.00 200.00 300.00 400.00 500.00 600.00 700.00 800.00 600.00 1100.00 1600.00 2100.00 2600.00 3100.00 3600.00 4100.00 4600.00 1月 2月 3月 4月 5月 6月 7月 8月 9月 10月 11月 12月 1月 蒙煤仓单 焦煤日报 2025/10/27 研究中心黑色团队 | | 最新 | 日变化 | 周变化 | 月变化 年变化 | | 最新 | 日变化 | 周变化 | 月变化 | 年变化 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- ...

Core Points - The independent director Feng Xiao will complete her term on October 24, 2025, after serving since October 25, 2019, which is the maximum six-year term allowed by regulations [1][2] - Feng Xiao's departure will result in the number of independent directors on the board falling below one-third of the total board members, and there will be a lack of accounting professionals among the independent directors [1] - The company will ensure that Feng Xiao continues to fulfill her duties as an independent director and in various board committees until a new independent director is elected [1] - Feng Xiao confirmed that there are no disagreements with the board and her departure will not affect the board's operations or the company's normal business [2] - The board expressed gratitude for Feng Xiao's contributions during her tenure [2]

永安期货股份有限公司（以下简称"公司"）独立董事冯晓女士自 2019 年 10 月 25 日起担任公司独立董事，并任公司第四届董事会审计委员会主任委员、 风险与控制委员会委员。根据《中华人民共和国公司法》《上市公司独立董事管 理办法》等有关规定，独立董事连任时间不得超过六年，冯晓女士于 2025 年 10 月 24 日任期满六年。 证券代码：600927 证券简称：永安期货 公告编号：2025-058 永安期货股份有限公司 关于公司独立董事任职期满继续履职的公告 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。 | 姓名 | 离任职务 | 离任时间 | 原定任期 | | 是否继续在上 | 具体职务 | 是否存在 未履行完 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 到期日 | 离任原因 | 市公司及其控 股子公司任职 | （如适用） | 毕的公开 承诺 | | | | 股 东 大 会 | 2025 年 11 | | | | | | | | 补 选 产 生 ...

Core Viewpoint - The diversified financial sector experienced a slight increase of 0.37% on October 23, with Ruida Futures leading the gains. The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index also rose by 0.22% to 13025.45 [1]. Group 1: Market Performance - The diversified financial sector's stocks showed varied performance, with Ruida Futures closing at 23.13, up 6.34%, and Zhejiang Dongfang at 6.31, up 4.30% [1]. - The trading volume for Ruida Futures was 294,400 hands, with a transaction value of 674 million yuan [1]. - Other notable performers included Hongye Futures, which rose by 3.14% to 11.50, and Nanhua Futures, which increased by 2.79% to 21.73 [1]. Group 2: Capital Flow - The diversified financial sector saw a net outflow of 137 million yuan from major funds, while retail investors contributed a net inflow of 152 million yuan [2]. - Major funds showed a significant net inflow in Ruida Futures, amounting to 99.64 million yuan, representing 14.79% of its total trading [3]. - In contrast, Zhejiang Dongfang experienced a net outflow of 18.60 million yuan from major funds, indicating a negative sentiment among institutional investors [3].

Core Viewpoint - The stock of Yong'an Futures (600927) has shown a slight increase in price, but the company's financial performance has significantly declined, indicating potential challenges ahead [1][2]. Financial Performance - As of the latest report, Yong'an Futures has a total market value of 21.848 billion yuan, with a net asset value of 12.859 billion yuan and a net profit of 170 million yuan, all of which are below the industry averages [2]. - The company's main revenue for the first half of 2025 was 5.556 billion yuan, a year-on-year decrease of 54.12%, while the net profit dropped by 44.69% [2]. - The second quarter of 2025 saw a single-quarter main revenue of 3.279 billion yuan, down 57.81% year-on-year, and a net profit of 161 million yuan, down 29.96% [2]. Market Activity - On October 23, 2025, Yong'an Futures closed at 15.01 yuan, with a trading volume of 84,100 hands and a total transaction amount of 125 million yuan [1]. - The net inflow of main funds on that day was 938,100 yuan, accounting for 0.75% of the total transaction amount, while retail investors saw a net outflow of 6.3063 million yuan, representing 5.05% of the total [1]. Institutional Ratings - In the last 90 days, four institutions have provided ratings for Yong'an Futures, with three giving a "buy" rating and one an "increase" rating, while the average target price set by institutions is 19.81 yuan [3].

Core Viewpoint - The A-share market's futures sector experienced a significant rally, with notable increases in various futures companies [1] Group 1: Market Performance - The futures sector in the A-share market saw a surge, with Ruida Futures hitting the upper limit of its trading range [1] - Nanhua Futures rose over 6%, indicating strong investor interest and market momentum [1] - Other companies such as Hongye Futures and Yong'an Futures also experienced upward movement, reflecting a broader trend in the sector [1]

Report Information - Report Title: Coking Coal Daily Report - Report Date: October 23, 2025 - Research Team: Black Team of the Research Center [1] Industry Investment Rating - Not provided Core Viewpoints - Not provided Summary by Relevant Catalog Price Information - **Domestic Coking Coal**: The latest price of Liulin Main Coking Coal is 1575.00, with no daily change, a weekly increase of 25.00, a monthly increase of 72.00, and an annual decrease of 1.56%. The price of Yuanmei Port Delivery Price is 1095.00, with a daily decrease of 5.00, a weekly increase of 52.00, a monthly increase of 105.00, and an annual decrease of 7.98%. The price of Shaheyi Meng 5 is 1470.00, with a daily and weekly increase of 50.00, a monthly increase of 120.00, and an annual decrease of 13.53%. The price of Anze Main Coking Coal is 1550.00, with no daily change, a weekly increase of 20.00, a monthly increase of 50.00, and an annual decrease of 11.43% [2]. - **Foreign Coking Coal**: The latest price of Peak Downs is 204.50, with no daily change, a weekly increase of 0.50, a monthly increase of 2.50, and an annual decrease of 7.70%. The price of Goonyella is 204.50, with no daily change, a weekly increase of 0.50, a monthly increase of 1.50, and an annual decrease of 7.70% [2]. - **Futures Market**: The latest price of Futures Contract 05 is 1272.00, with a daily increase of 7.00, a weekly increase of 28.00, a monthly decrease of 52.00, and an annual decrease of 9.24%. The price of Futures Contract 09 is 1351.00, with a daily increase of 13.00, a weekly increase of 23.50, a monthly decrease of 20.50, and an annual decrease of 4.69%. The price of Futures Contract 01 is 1197.00, with a daily increase of 4.50, a weekly increase of 35.00, a monthly decrease of 31.50, and an annual decrease of 11.33% [2]. Inventory Information - **Total Inventory**: The total coking coal inventory is 3318.39, with a weekly increase of 24.01, a monthly decrease of 64.08, and an annual decrease of 12.29% [2]. - **Sub - Inventory**: Coal mine inventory is 205.41, with a weekly increase of 9.55, a monthly decrease of 27.38, and an annual decrease of 19.47%. Port inventory is 294.99, with no weekly change, a monthly increase of 23.88, and an annual decrease of 27.62%. Steel mill coking coal inventory is 781.13, with a weekly decrease of 6.93, a monthly decrease of 12.60, and an annual increase of 6.33%. Coking plant coking coal inventory is 959.06, with a weekly decrease of 78.65, a monthly increase of 75.52, and an annual increase of 2.55% [2]. Other Information - **Coking Capacity Utilization**: The coking capacity utilization rate is 74.24, with a weekly decrease of 0.94, a monthly decrease of 1.63, and no annual change [2]. - **Coking Coke Inventory**: The coking coke inventory is 84.72, with a weekly decrease of 0.81, a monthly decrease of 1.31, and an annual decrease of 2.06% [2]. - **Futures Basis and Spread**: The basis of Futures Contract 05 is - 53.84, with a daily decrease of 7.00, a weekly increase of 27.17, a monthly increase of 232.46, and an annual decrease of 57.86%. The basis of Futures Contract 09 is - 132.84, with a daily decrease of 13.00, a weekly increase of 31.67, a monthly increase of 200.96, and an annual increase of 10.09%. The basis of Futures Contract 01 is 21.16, with a daily decrease of 4.50, a weekly increase of 20.17, a monthly increase of 211.96, and an annual decrease of 0.62%. The 5 - 9 spread is - 79.00, with a daily decrease of 6.00, a weekly increase of 4.50, a monthly decrease of 31.50, and an annual increase of 3.94%. The 9 - 1 spread is 154.00, with a daily increase of 8.50, a weekly decrease of 11.50, a monthly increase of 11.00, and an annual increase of 1.28%. The 1 - 5 spread is - 75.00, with a daily decrease of 2.50, a weekly increase of 7.00, a monthly increase of 20.50, and an annual increase of 0.46% [2]

Report Summary 1) Report Industry Investment Rating - Not provided in the given content 2) Core View of the Report - Not provided in the given content 3) Summary by Relevant Catalogs Price and Profit - The report provides the spot prices of various steel products (including different types of rebar and hot - rolled, cold - rolled coils) in multiple locations from October 16th to October 22nd, 2025, along with the price changes during this period [1] Basis and Spread - Not provided in the given content Output and Inventory - Not provided in the given content

Group 1: Spot Market - Newman powder price is 778, with a daily change of 2 and a weekly change of 6; its import profit is -26.32 [1] - PB powder price is 781, with a daily change of 4 and a weekly change of 6; its import profit is -22.41 [1] - Mac powder price is 777, with a daily change of 1 and a weekly change of 7; its import profit is 7.00 [1] - Jinbuba powder price is 749, with a daily change of 2 and a weekly change of 4; its import profit is 9.43 [1] - Mainstream mixed powder price is 744, with a daily change of 5 and a weekly change of -1; its import profit is -1.17 [1] - Super special powder price is 705, with a daily change of 3 and a weekly change of 2; its import profit is 6.32 [1] - Carajás powder price is 905, with a daily change of 1 and a weekly change of 2; its import profit is -9.09 [1] - Brazilian blend price is 816, with a daily change of 3 and a weekly change of 6; its import profit is -11.12 [1] - IOC6 price is 782, with a daily change of 4 and a weekly change of 3 [1] - SSFG price is 787, with a daily change of 4 and a weekly change of 3 [1] - Ukrainian concentrate price is 903, with a daily change of 6 and a weekly change of 3 [1] - 61% Indian powder price is 738, with a daily change of 2 and a weekly change of 4 [1] - Karara concentrate price is 903, with a daily change of 6 and a weekly change of 3 [1] - Roy Hill powder price is 768, with a daily change of 4 and a weekly change of 6; its import profit is 4.25 [1] - KUMBA powder price is 840, with a daily change of 4 and a weekly change of 6 [1] - 57% Indian powder price is 638, with a daily change of 3 and a weekly change of 2 [1] - Atlas powder price is 739, with a daily change of 5 and a weekly change of -1 [1] - Tangshan iron concentrate price is 1021, with a daily change of 0 and a weekly change of 8 [1] Group 2: Futures Market - i2601 price is 774.0, with a daily change of 4.5 and a weekly change of -2.5; its monthly spread is -43.0 [1] - i2605 price is 753.0, with a daily change of 3.5 and a weekly change of -1.0; its monthly spread is 21.0 [1] - i2609 price is 731.0, with a daily change of 1.5 and a weekly change of -2.0; its monthly spread is 22.0 [1] - FE01 price is 100.25, with a daily change of 0.10 and a weekly change of -1.25; its monthly spread is -4.06 [1] - FE05 price is 98.24, with a daily change of 0.04 and a weekly change of -0.79; its monthly spread is 2.01 [1] - FE09 price is 96.19, with a daily change of 0.02 and a weekly change of -0.67; its monthly spread is 2.05 [1]

永安期货股份有限公司 2025 年第二次临时股东大会 会议资料 2025 年 10 月 27 日杭州 会议须知 为维护股东的合法权益，确保股东大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》等法律法规和《公司 章程》等规定，现就会议须知通知如下： 一、股东及股东代理人（以下简称"股东"）请提前十五分钟 进入会场，办理登记手续，领取会议资料，由工作人员安排入座。 二、为保证本次大会的严肃性和正常秩序，除出席或列席现 场会议的股东、董事、监事、高级管理人员、公司聘请的律师及 公司董事会认可的人员以外，公司有权依法拒绝其他人士入场。 三、股东参加股东大会，应认真履行其法定权利和义务，尊 重和维护其他股东的合法权益。会议开始后请将手机铃声置于震 动或静音状态，保障大会的正常秩序。 《股东发言登记表》。股东发言应围绕本次大会所审议的议案， 简明扼要，发言时应当先介绍姓名或股东单位，每位发言时间不 超过 3 分钟。由于本次股东大会时间有限，公司不能保证填写《股 东发言登记表》的股东均能在本次股东大会上发言，发言顺序按 照登记时间先后安排。在大会进行表决时，股东不再进行发言。 若股东违反上述规定，大会主持人 ...