证券代码：600927 证券简称：永安期货 公告编号：2025-038 永安期货股份有限公司 2025年第一次临时股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 6 月 30 日 (二)股东大会召开的地点：浙江省杭州市新业路 200 号华峰国际商务大厦 2219 会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 277 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 1,244,443,788 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 85.4961 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议由公司董事会召集，黄志明先生主持，采用现场投票和网络投票相 结合的表决方式。会议的召集、召开符合《公司法》及 ...

新浪期货 根据交易所数据，截至6月30日收盘主力合约玻璃2509,涨跌-1.28%,成交量161.21万手，持仓数据显示前20席位呈现净 空，差额头寸为265604手。 玻璃期货全合约总计成交184.28万手，比上一日新增15.58万手。全合约前20席位多头持仓93.58万手，比上一日增加1.86万手。全 合约前20席位空头持仓123.27万手，比上一日增加6.80万手。 根据合并数据显示，多头前三席位为国泰君安，总持仓111659、中信期货，总持仓62441、方正中期，总持仓56377；空头前三席 位为国泰君安，总持仓297395、中信期货，总持仓118178、东证期货，总持仓107709； 主力合约前20席位中，多头增仓前三名分别是：中信建投、持仓45257、增仓5150，平安期货、持仓34648、增仓4146，徽商期 货、持仓42284、增仓3088；多头减仓前三名分别是：国泰君安、持仓88283、减仓-10123，中辉期货、持仓23960、减仓-2893， 东证期货、持仓40289、减仓-2860； 主力合约前20席位中，空头增仓前三名分别是：银河期货、持仓87002、增仓17597，申银万国、持仓5 ...

Price Performance - Latest prices of London Gold, London Silver, London Platinum, London Palladium, WTI Crude Oil, and LME Copper are 3271.75, 35.98, 1392.00, 1089.00, 65.52, and 9893.50 respectively [1] - Price changes of London Gold, London Silver, London Platinum, London Palladium, and LME Copper are -0.04, 0.00, -0.00, 0.24, and 0.02 respectively [2] Trading Data - Latest inventory of COMEX Silver is not provided,上期所白银库存 is 1295.66,黄金ETF持仓 is 954.82,白银ETF持仓 is 14866.19,上金所白银库存 is 1378.88, and the deferred fee payment directions of 上金所黄金 and 上金所白银 are both 1 [2] - Inventory changes of 上期所白银, 黄金ETF持仓 are 24.83 and 1.43 respectively, while changes of COMEX Silver, 白银ETF持仓, 上金所白银 inventory, and deferred fee payment directions are 0.00 [2] Other Data - Latest values of US Dollar Index, Euro to US Dollar, British Pound to US Dollar, US Dollar to Japanese Yen, and US 10 - year TIPS are 97.26, 1.17, 1.37, 144.64, and 2.00 respectively [11] - Changes of some unspecified data are -46.95, -0.61, 84.00, 40.00, 0.28, 132.50 [7]

Price Performance - London Gold's latest price is 3318.25 with no change [2] - London Silver's latest price is 35.77 with no change [2] - London Platinum's latest price is 1304.00 with no change [2] - London Palladium's latest price is 1049.00, down 22.00 [2] - WTI Crude's latest price is 64.92 with no change [2] - LME Copper's latest price is 9761.00, up 35.50 [2] - The latest Dollar Index is 97.70 with no change [2] - The latest Euro to US Dollar exchange rate is 1.17 with no change [2] - The latest British Pound to US Dollar exchange rate is 1.37 with no change [2] - The latest US Dollar to Japanese Yen exchange rate is 145.27 with no change [2] - The latest US 10 - year TIPS is 2.01 with no change [2] Trading Data - COMEX Silver's latest inventory is 15561.77 with no change [3] - SHFE Silver's latest inventory is 1270.83, down 5.97 [3] - Gold ETF's latest holding is 953.39 with no change [3] - Silver ETF's latest holding is 14866.19, down 50.88 [3] - SGE Silver's latest inventory is 1378.88 with no change [3] - SGE Gold's latest deferred fee payment direction is 1 with no change [3] - SGE Silver's latest deferred fee payment direction is 1 with no change [3] Data Source - The data in the report is sourced from Bloomberg, Yong'an Yuandian Information, and Wind [10]

Report Information - Report Title: Coke Daily Report - Report Date: June 27, 2025 - Research Team: Black Team of the Research Center [1] Industry Investment Rating - Not provided in the given content Core Viewpoints - Not provided in the given content Summary of Key Data Coke Prices - The latest prices of different types of coke show various degrees of decline compared to the previous week, month, and year. For example, the price of Shanxi quasi - first wet - quenched coke is 1153.65, with a weekly decrease of 54.61, a monthly decrease of 184.42, and a year - on - year decrease of 40.84% [2]. Production and Utilization Rates - The blast furnace开工率 (operating rate) is 90.79, with a weekly increase of 0.21, a monthly decrease of 0.53, and a year - on - year increase of 1.41%. The iron water daily average output is 242.29, with a weekly increase of 0.11, a monthly increase of 0.38, and a year - on - year increase of 1.19%. The coking capacity utilization rate is 73.42, with a weekly decrease of 0.54, a monthly decrease of 1.76, and a year - on - year increase of 0.12%. The coke daily average output is 53.50, with a weekly decrease of 0.27, a monthly increase of 1.34, and a year - on - year increase of 1.63% [2]. Inventory Data - The coking plant inventory is 73.73, with a weekly decrease of 7.20, a monthly decrease of 4.60, and a year - on - year increase of 100.08%. The port inventory is 200.09, with a weekly decrease of 3.02, a monthly decrease of 17.09, and a year - on - year decrease of 2.55%. The steel mill inventory is 627.75, with a weekly decrease of 6.45, a monthly decrease of 27.18, and a year - on - year increase of 12.62%. The steel mill inventory days are 11.22, with a weekly decrease of 0.20, a monthly decrease of 0.49, and a year - on - year increase of 7.27% [2]. Futures Market Data - The prices of different coke futures contracts (05, 09, 01) show different trends. For example, the price of the 05 contract is 1453.5, with a daily increase of 13.00, a weekly increase of 25.50, a monthly increase of 61.00, and a year - on - year decrease of 36.43%. The basis and spread data of different contracts also show significant changes [2].

证券代码：600927 证券简称：永安期货 公告编号：2025-026 永安期货股份有限公司关于回购股份事项 前十大股东和前十大无限售条件 股东持股情况的公告 | 序号 | 股东名称 | 持股数量（股） | 持股比例（%） | | --- | --- | --- | --- | | 1 | 财通证券股份有限公司 | 439,347,825 | 30.18 | | 2 | 浙江省产业基金有限公司 | 350,000,000 | 24.05 | | 3 | 浙江东方金融控股集团股份有限公司 | 166,427,690 | 11.43 | | 4 | 浙江省金融控股有限公司 | 138,689,727 | 9.53 | | 5 | 浙江省交通投资集团有限公司 | 137,968,127 | 9.48 | | 6 | 物产中大集团股份有限公司 | 27,500,000 | 1.89 | | 7 | 香港中央结算有限公司 | 11,943,279 | 0.82 | | 8 | 中国农业银行股份有限公司－中证 500 | 4,476,211 | 0.31 | | | 交易型开放式指数证券投资基金 | | | | 9 | ...

Group 1: Report Information - Report title: Coke Daily Report [1] - Report date: June 25, 2025 [1] - Research team: Black Team of the Research Center [1] Group 2: Industry Investment Rating - No relevant information provided Group 3: Core Viewpoints - No explicit core viewpoints provided in the given content Group 4: Price and Production Data - **Coke Prices**: - Shanxi quasi - wet quenching coke price is 1153.65, with no daily change, a weekly decrease of 54.61, a monthly decrease of 184.42, and a year - on - year decrease of 40.84% [2] - Hebei quasi - wet quenching coke price is 1375.00, with no daily change, a weekly decrease of 75.00, a monthly decrease of 205.00, and a year - on - year decrease of 35.60% [2] - Shandong quasi - dry quenching coke price is 1330.00, with no daily change, a weekly decrease of 55.00, a monthly decrease of 185.00, and a year - on - year decrease of 38.85% [2] - Jiangsu quasi - dry quenching coke price is 1370.00, with no daily change, a weekly decrease of 55.00, a monthly decrease of 185.00, and a year - on - year decrease of 38.15% [2] - Inner Mongolia secondary coke price is 880.00, with no daily change, a weekly decrease of 50.00, a monthly decrease of 170.00, and a year - on - year decrease of 43.23% [2] - **Production and Utilization**: - Blast furnace operating rate is 90.79, with a weekly increase of 0.21, a monthly decrease of 0.53, and a year - on - year increase of 1.41% [2] - Daily average hot metal output is 242.18, with a weekly increase of 0.57, a monthly decrease of 1.42, and a year - on - year increase of 0.93% [2] - Coking plant capacity utilization rate is 73.96, with a weekly decrease of 0.97, a monthly decrease of 1.27, and a year - on - year increase of 0.53% [2] - Daily average coke output is 53.77, with a weekly increase of 0.11, a monthly increase of 1.89, and a year - on - year increase of 9.00% [2] Group 5: Inventory Data - **Inventory Quantities**: - Coking plant inventory is 80.93, with a weekly decrease of 6.38, a monthly increase of 7.83, and a year - on - year increase of 126.38% [2] - Port inventory is 203.11, with a weekly increase of 0.02, a monthly decrease of 19.99, and a year - on - year decrease of 0.12% [2] - Steel mill inventory is 634.20, with a weekly decrease of 8.64, a monthly decrease of 26.39, and a year - on - year increase of 14.04% [2] - **Inventory Days**: - Steel mill inventory days are 11.42, with a weekly decrease of 0.20, a monthly decrease of 0.47, and a year - on - year increase of 7.94% [2] Group 6: Futures Data - **Futures Prices**: - Futures contract 05 price is 1441.5, with a daily increase of 2.50, a weekly increase of 29.00, a monthly decrease of 8.50, and a year - on - year decrease of 37.39% [2] - Futures contract 09 price is 1367.5, with a daily decrease of 12.00, a weekly decrease of 8.00, a monthly decrease of 31.50, and a year - on - year decrease of 39.03% [2] - Futures contract 01 price is 1411, with a daily decrease of 1.00, a weekly increase of 11.50, a monthly decrease of 9.00, and a year - on - year decrease of 39.34% [2] - **Basis and Spreads**: - 05 basis is - 23.60, with a daily decrease of 2.50, a weekly decrease of 87.72, a monthly decrease of 179.05, and a year - on - year increase of 44.59 [2] - 09 basis is 50.40, with a daily increase of 12.00, a weekly decrease of 50.72, a monthly decrease of 156.05, and a year - on - year increase of 59.09 [2] - 01 basis is 6.90, with a daily increase of 1.00, a weekly decrease of 70.22, a monthly decrease of 178.55, and a year - on - year increase of 98.59 [2] - 5 - 9 spread is - 30.50, with a daily decrease of 3.50, a weekly decrease of 17.50, a monthly decrease of 0.50, and a year - on - year decrease of 54.00 [2] - 9 - 1 spread is 74.00, with a daily increase of 14.50, a weekly increase of 37.00, a monthly increase of 23.00, and a year - on - year increase of 14.50 [2] - 1 - 5 spread is - 43.50, with a daily decrease of 11.00, a weekly decrease of 19.50, a monthly decrease of 22.50, and a year - on - year increase of 39.50 [2]

Report Industry Investment Rating - Not provided in the given content Core Viewpoints - Not provided in the given content Summary by Relevant Catalogs Price - For silicon ferroalloy on June 25, 2025, the latest price of Ningxia 72 silicon ferroalloy natural block was 5100 yuan, with no daily change and a weekly increase of 50 yuan; the main contract price was 5288 yuan, a daily decrease of 28 yuan and a weekly increase of 24 yuan [2]. - The latest price of Tianjin 72 silicon ferroalloy export (in US dollars) was 1020, with no daily change and a weekly decrease of 35 [2]. - For silicon manganese, the latest ex - factory price of Inner Mongolia 6517 was 5500 yuan, with no daily change and a weekly increase of 50 yuan; the main contract price was 5556 yuan, a daily decrease of 54 yuan and a weekly increase of 20 yuan [2]. Supply - The production volume of 136 silicon ferroalloy enterprises in China (monthly) and the production volume of 136 silicon ferroalloy enterprises in China (weekly, with a production capacity share of 95%) are presented from 2021 - 2025 [4]. - The production volume of silicon manganese in China (weekly) is shown from 2021 - 2025 [6]. Demand - The estimated and revised monthly production volume of crude steel in China from 2021 - 2025 is provided, which reflects the demand situation to some extent [4][7]. - The demand volume of silicon manganese in China (in ten thousand tons, according to the Steel Union's data) from 2021 - 2025 is presented [4][7]. Inventory - The inventory of 60 sample silicon ferroalloy enterprises in China (weekly) and the inventory of silicon ferroalloy in Ningxia (weekly) from 2021 - 2025 are shown [5]. - The total number of silicon manganese warehouse receipts (daily), effective forecasts (daily), and the sum of warehouse receipts and effective forecasts (daily) from 2021 - 2025 are presented [7]. Cost and Profit - The electricity prices of ferroalloys in Qinghai, Ningxia, Shaanxi, and Inner Mongolia from 2021 - 2025 are provided, which are important cost factors [5]. - The production cost and profit of silicon ferroalloy in Ningxia and Inner Mongolia from 2021 - 2025 are presented [5]. - The profit of silicon manganese in Inner Mongolia, Guangxi, and other regions from 2021 - 2025 is shown [7].

Core Viewpoint - The liquefied petroleum gas (LPG) futures market shows a significant increase in trading volume and a shift towards net short positions among the top 20 holders as of June 24, 2025, indicating a bearish sentiment in the market [1][2]. Trading Data Summary - As of June 24, 2025, the main contract for LPG (2508) experienced a price change of -5.98% with a trading volume of 176,300 contracts and a total open interest showing a net short position of 1,439 contracts among the top 20 holders [1]. - The total trading volume for all LPG contracts reached 271,600 contracts, an increase of 58,100 contracts from the previous day [1]. - Among the top 20 holders, long positions totaled 98,200 contracts, an increase of 6,427 contracts, while short positions totaled 101,200 contracts, an increase of 10,100 contracts [1]. Position Changes - The top three long positions were held by: - CITIC Futures with a total holding of 19,436 contracts, an increase of 1,339 contracts - Guotai Junan with a total holding of 12,750 contracts, an increase of 1,012 contracts - Dongzheng Futures with a total holding of 11,666 contracts, an increase of 737 contracts [1][3]. - The top three short positions were held by: - Guotai Junan with a total holding of 14,874 contracts, an increase of 1,488 contracts - CITIC Futures with a total holding of 13,714 contracts, an increase of 589 contracts - Dongzheng Futures with a total holding of 10,416 contracts, an increase of 239 contracts [1][4]. Market Sentiment - The increase in short positions among major players suggests a bearish outlook on the LPG market, as indicated by the significant rise in both long and short positions among the top 20 holders [1][3].

Core Viewpoint - In the second quarter, the silicon iron market experienced weak price performance primarily due to a downward shift in cost dynamics, with prices dropping from 6000 CNY/ton to approximately 5300 CNY/ton as electricity costs decreased and demand remained weak [1][4]. Supply and Demand Analysis - From June to July, the silicon iron supply side showed a mix of production resumption and maintenance, while downstream demand was weak due to the off-season, leading to a slight weakening of the supply-demand balance [1][4]. - The demand from downstream steel mills remains resilient in the short term, but non-steel demand has shown signs of fatigue, particularly with magnesium production facing profit declines, resulting in maintenance at magnesium plants in Shaanxi and Xinjiang [4]. Cost Dynamics - The mid-term electricity prices are expected to show a stable but slight downward trend, with risks of narrow declines in the cost side [2][3]. - The price of Shanxi lump coal has decreased from 655 CNY/ton to 600 CNY/ton, contributing to the downward shift in silicon iron costs [3]. - The electricity price adjustment in the Ningxia region, which saw a reduction of 0.02 to 0.06 CNY/kWh, significantly impacted silicon iron costs, with expectations of a potential cost reduction of 80 CNY/ton based on projected electricity price declines [3]. Market Outlook - The overall supply pressure may slightly increase due to the resumption of production in the Ningxia region, while some factories in other regions may undergo short-term maintenance due to profit pressures [4]. - The silicon iron market is expected to face a weakening supply-demand balance, with inventory depletion rates likely slowing down [4]. - Despite potential short-term rebounds in silicon iron prices, the combination of weakening supply-demand dynamics and declining costs suggests a bearish outlook for the market [4].