Core Points - Inner Mongolia First Machinery Group Co., Ltd. announced a cash dividend of RMB 0.07 per share for the fiscal year 2024, totaling approximately RMB 119.13 million [1][2][3] - The dividend distribution was approved at the annual shareholders' meeting held on May 16, 2025 [1] - The record date for the dividend is July 10, 2025, with the payment date set for July 11, 2025 [1] Dividend Distribution Details - The cash dividend will be distributed to all shareholders registered with China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on the record date [1] - The total number of shares used for the dividend calculation is 1,701,794,667 [1] - The company will not implement a differentiated dividend distribution plan [1] Taxation Information - For individual shareholders holding shares for less than one month, a tax rate of 20% will apply; for those holding between one month and one year, a tax rate of 10% will apply; and for those holding shares for over one year, no personal income tax will be levied on dividend income [1][2][3] - The actual cash dividend received by individual shareholders after tax will be RMB 0.063 per share [2][3]

Core Viewpoint - The steel industry is experiencing a significant price increase due to production cuts driven by environmental regulations and government policies aimed at eliminating outdated capacity. This has led to a reduction in steel output expectations, particularly in Tangshan, where a 30% production cut has been mandated from July 4 to July 15. The market anticipates further impacts on steel production as a result of these measures [1][3]. Group 1: Steel Industry Insights - The recent meeting of the Financial and Economic Committee emphasized the need to push for the elimination of outdated production capacity, directly influencing the steel market [1]. - Tangshan steel mills have received directives for a 30% production cut, which is expected to significantly lower steel inventories and production levels [1]. - The China Iron and Steel Association reported that steel billet exports in the first four months of 2025 have already surpassed the total for 2024, prompting suggestions for export restrictions [1]. - A total of approximately 30 million tons of production cuts have been ordered for the year, coinciding with a seasonal demand lull, which has heightened market expectations for reduced steel output [1]. Group 2: Market Reactions and Trends - Longjiang Securities noted that administrative production cuts could act as a bullish option for the steel sector, particularly in July, which is traditionally a slow season for demand [3]. - The announcement of production cuts in the photovoltaic glass sector has also led to significant price increases in that market, indicating a broader trend of supply-side reforms impacting various sectors [3]. - The steel sector saw a strong rally in stock prices, with companies like Liugang and Chongqing Steel hitting their daily price limits amid these developments [9][10]. Group 3: Broader Economic Context - The overall A-share market experienced a decline, with major indices falling and a significant number of stocks trading lower, reflecting broader economic pressures [9]. - The government is expected to focus on structural adjustments across multiple industries, including steel, refining, and new energy sectors, as part of its economic strategy [7]. Group 4: Investment Trends - Institutional investors have begun to sell off some positions in response to the recent price increases in steel, indicating a cautious approach to the current market dynamics [1][4]. - The market's reaction to production cuts in both the steel and photovoltaic sectors suggests a growing trend towards supply-side management as a means to stabilize prices and manage excess capacity [3].

Core Viewpoint - The stock market experienced a slight decline on July 2, with the Shanghai Composite Index down 0.09%, the Shenzhen Component Index down 0.61%, and the ChiNext Index down 1.13%. Notably, Rongfa Nuclear Power (002366) saw significant net inflow of funds, while Inner Mongolia First Machinery (600967) faced substantial outflow [1][3]. Group 1: Stock Performance - Rongfa Nuclear Power (002366) had a closing price increase of 6.59%, with a net buying amount of 210.36 million yuan, accounting for 4.12% of total trading volume [1][3]. - Inner Mongolia First Machinery (600967) experienced a closing price drop of 9.99%, with a net selling amount of 166.35 million yuan, representing 6.09% of total trading volume [4][9]. - Other notable stocks included Kangli Technology (6.05% increase), Hunan Tianyan (6.51% increase), and Guolian Aquatic Products (20.11% increase) [3][4]. Group 2: Institutional Activity - On July 2, institutions were involved in 32 stocks, with a total net selling amount of 641 million yuan. Institutions net bought 9 stocks and net sold 23 stocks [5][9]. - The stock with the highest net buying by institutions was Aong Likang (002940), which closed up 10% [5][6]. - The stock with the highest net selling by institutions was Changqing Technology (603125), which closed down 2.12% [9][10]. Group 3: Northbound Capital - Northbound capital participated in 19 stocks, with a total net buying amount of 664 million yuan. The net buying was 286 million yuan for Shanghai Stock Connect and 377 million yuan for Shenzhen Stock Connect [9][10]. - Rongfa Nuclear Power (002366) had the highest net buying from northbound capital at 123 million yuan, while Hongye Futures (001236) had the highest net selling at 33.58 million yuan [10][14]. - There was a divergence in trading activity for stocks like Rongfa Nuclear Power and Inner Mongolia First Machinery, where institutions sold while northbound capital bought [13][14].

重要内容提示： ●每股分配比例 A 股每股现金红利0.07元 证券代码：600967 证券简称：内蒙一机 公告编号：临 2025-033 号 内蒙古第一机械集团股份有限公司 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。 ●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 | 2025/7/10 | － | 2025/7/11 | 2025/7/11 | ●差异化分红送转： 否 一、通过分配方案的股东会届次和日期 本次利润分配方案经公司2025 年 5 月 16 日的2024年年度股东会审议通过。 二、分配方案 （一）发放年度：2024年年度 （二）分派对象： 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。 1 办理了指定交易的股东派发。已办理指定交易的投资者可于红利发放日在其指定 ...

Group 1 - Military stocks experienced a significant decline in the afternoon session, with Inner Mongolia First Machinery Group hitting the daily limit down [1] - Other military-related stocks such as North China Longyun, Great Wall Military Industry, Construction Industry, Morningstar Aerospace, China Ordnance, North Navigation, and Zhongtian Rocket also saw declines exceeding 5% [1]

Group 1 - The A-share aerospace and military industry sector has experienced a pullback, with Inner Mongolia First Machinery Group hitting the daily limit down [1] - Hengyu Xintong and Beifang Changlong both fell over 8% [1] - Construction Industry saw a decline of over 7% [1]

Group 1 - The A-share market's three major indices closed mixed, with the Shanghai 580 Index rising by 0.66% to 1576.65 points, with a trading volume of 130.273 billion yuan [1] - The Shanghai 580 Index has increased by 5.09% in the past month, 3.83% in the past three months, and 11.18% year-to-date [1] - The index consists of 580 securities selected from the Shanghai Stock Exchange, focusing on smaller market capitalization and better liquidity, with a base date of December 28, 2018, set at 1000.0 points [1] Group 2 - The top ten weighted stocks in the Shanghai 580 Index include Inner Mongolia First Machinery (0.58%), Founder Technology (0.54%), Huachuang Yuxin (0.54%), Yifang Bio (0.5%), Xiangdian Co. (0.47%), Yunsai Zhili (0.45%), SIRUIPU (0.44%), Hongda Co. (0.44%), Dongmu Co. (0.44%), and Guangsheng Nonferrous (0.43%) [1] - The index's sample is adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December, with a maximum sample adjustment ratio of 20% [2] - The industry composition of the index includes 27.75% in industrials, 19.84% in information technology, 11.56% in materials, 10.60% in healthcare, 8.63% in consumer discretionary, 6.60% in communication services, 5.00% in consumer staples, 3.90% in utilities, 3.63% in financials, 1.46% in real estate, and 1.05% in energy [2]

Market Overview - The Shanghai Composite Index rose by 0.39% on July 1, with 20 out of the 28 sectors in the Shenwan classification experiencing gains, led by the comprehensive and pharmaceutical sectors, which increased by 2.60% and 1.80% respectively [1] - The defense and military industry saw a decline of 0.24%, with a net outflow of 4.176 billion yuan in main capital [1] Defense and Military Industry Performance - Within the defense and military sector, there are 139 stocks, with 47 stocks rising and 92 stocks falling on the day [1] - The top three stocks with the highest net inflow of capital are: - China Ship Emergency: 354 million yuan - China Shipbuilding: 148 million yuan - Lijun Shares: 145 million yuan [1] - The stocks with the highest net outflow of capital include: - Inner Mongolia First Machinery: 942 million yuan - North Navigation: 532 million yuan - China Ordnance: 394 million yuan [2] Capital Flow Analysis - The following stocks had significant capital inflow: - China Ship Emergency: 20.04% increase with a turnover rate of 15.27% - China Shipbuilding: 2.43% increase with a turnover rate of 1.80% - Lijun Shares: 9.98% increase with a turnover rate of 25.07% [1] - Conversely, the stocks with notable capital outflow include: - Inner Mongolia First Machinery: -0.21% change with a turnover rate of 16.23% - North Navigation: -3.78% change with a turnover rate of 15.58% - China Ordnance: 3.70% change with a turnover rate of 18.44% [2][3]

New Stock Issuance - The new stock "同宇新材" (code: 301630) is listed at an issuance price of 84.00[1] - "信通电子" (code: 001388) has an issuance price of 16.42[1] Rights Issues and Announcements - "济川药业" (code: 600566) has a tender offer period from June 18, 2025, to July 17, 2025[1] - "中程退" (code: 300208) has 13 trading days remaining until the last trading day[1] - "退市锦港" (code: 600190) also has 13 trading days remaining until the last trading day[1] - "恒立退" (code: 000622) has 10 trading days remaining until the last trading day[1] Abnormal Fluctuations - "浙江东日" (code: 600113) reported severe abnormal fluctuations[1] - "汇金股份" (code: 300368) is noted for abnormal fluctuations[3]

- The quant report highlights that the factors "single-quarter revenue growth," "SUR," and "analyst net upgrade" performed well in the past month, while "EPTTM," "volatility," and "stripped limit-up momentum" performed poorly[3][28] - For the year to date, the factors "total market capitalization," "SUE," and "SUR" have shown strong performance, whereas "expected dividend yield," "volatility," and "EPTTM" have underperformed[3][28] - The "brokerage gold stock performance enhancement portfolio" achieved an absolute return of 5.34% for the month (20250603-20250630) and an excess return of 1.00% relative to the mixed equity fund index[5][43] - Year-to-date (20250102-20250630), the "brokerage gold stock performance enhancement portfolio" achieved an absolute return of 10.59% and an excess return of 2.73% relative to the mixed equity fund index[5][43] - The "brokerage gold stock performance enhancement portfolio" ranked in the 28.16th percentile among active equity funds for the year to date (977/3469)[5][43] - The portfolio's annualized return from 2018 to 2025 was 19.34%, with an annualized excess return of 14.38% relative to the mixed equity fund index[45] - The portfolio consistently ranked in the top 30% of active equity funds each year from 2018 to 2025[45]