Group 1: Company Overview - Beikong Technology is a high-tech enterprise engaged in efficient mining and metallurgy equipment and advanced magnetic materials, with a controlling shareholder being a large central enterprise under the State-owned Assets Supervision and Administration Commission [2] - The company has three wholly-owned subsidiaries involved in mining equipment and magnetic materials businesses [2] Group 2: Market Activity - The A-share rare earth permanent magnet sector has been active, with Beikong Technology's stock price reaching 27.53 yuan per share, achieving a涨停 (trading limit up) for five consecutive trading days, resulting in a price increase of over 60% [2] - Following the announcement of export controls on rare earth materials by the Ministry of Commerce, Beikong Technology's stock price surged, with a涨停 occurring on June 9 [3] Group 3: Industry Context - Rare earth elements, comprising 17 metals including lanthanides, scandium, and yttrium, are essential strategic resources for modern technology and industry, often referred to as "industrial vitamins" [3] - China dominates global rare earth supply, accounting for 80% of the total supply, and the demand for heavy rare earths is increasing due to the growth of industries such as robotics and electric vehicles [3] Group 4: Risk Disclosure - Beikong Technology announced on June 12 that its stock price had deviated significantly, with a cumulative increase of over 20% in two days, indicating abnormal volatility [4] - The company confirmed that there are no undisclosed significant matters affecting its operations, and the internal and external business environment remains stable [4]

证券代码：600980 证券简称： 北矿科技 公告编号：2025-022 北矿科技股份有限公司 股票交易风险提示公告 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。 北矿科技股份有限公司（以下简称"公司"）股票自 2025 年 6 月 9 日至 2025 年 6 月 13 日，已连续 5 个交易日涨停，累计区间涨幅达 61.09%，在上述 5 个连续 交易日期间已有两次触及股票交易异常波动情形，相关异常波动公告及风险提示公 告详见公司于 2025 年 6 月 11 日披露的《北矿科技股票交易异常波动公告》（公告 编号：2025-019）、2025 年 6 月 12 日披露的《北矿科技股票交易风险提示公告》 （公告编号：2025-020）、2025 年 6 月 13 日披露的《北矿科技股票交易异常波动 公告》（公告编号：2025-021）。 鉴于公司股票交易价格短期波动较大，可能存在短期涨幅较大后的下跌风险， 敬请广大投资者注意投资风险，理性投资，现对有关风险提示如下： 一、生产经营情况 公司主营业务为矿冶装备和磁性材料，根据公 ...

Core Viewpoint - Beikong Technology (600980.SH) has experienced a significant stock price increase, with a cumulative rise of 61.09% over five consecutive trading days, indicating strong market interest despite limited production capacity in its rare earth permanent magnet materials business [1] Company Overview - Beikong Technology's main business includes mining and metallurgical equipment as well as magnetic materials, primarily focusing on ferrite magnetic materials [1] - The rare earth permanent magnet materials segment currently has only small-scale production capabilities, contributing less than 1% to the company's revenue [1] Market Impact - The limited revenue contribution from the rare earth permanent magnet materials business suggests that its short-term impact on the company's overall performance is minimal [1] - The company has issued a reminder to investors regarding the risks associated with secondary market trading, urging rational decision-making and cautious investment [1]

Group 1 - The central bank and the State Administration of Foreign Exchange jointly issued measures to support the construction of a multi-level financial market across the Taiwan Strait, encouraging more Taiwanese enterprises to participate in the development of the mainland financial market [1] - Ant International responded that it will apply for a stablecoin license in Hong Kong as soon as possible after the "Stablecoin Regulation Draft" comes into effect on August 1 [2] - A passenger plane of Air India crashed at Ahmedabad Airport, with 242 people on board [4] Group 2 - Qingmu Technology, which has seen two consecutive trading limit increases, currently only provides e-commerce operation services for the Pop Mart Tmall flagship store [5] - Flingel has completed its verification work, and its stock will resume trading from tomorrow [5] - North Mining Technology, which has seen four consecutive trading limit increases, faces risks related to a small external circulation [5] - New China Life Insurance plans to subscribe for no more than 15 billion yuan in private equity fund shares [5] - Yiming Pharmaceutical, which has seen seven consecutive trading limit increases, has uncertainties regarding the implementation and results of its share transfer agreement [5] - Yuanlong Yatu, which has seen six trading limit increases in ten days, states that there are no significant matters that should have been disclosed but were not [5]

证券代码：600980 证券简称： 北矿科技 公告编号：2025-021 北矿科技股份有限公司 股票交易异常波动公告 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： ● 北矿科技股份有限公司（以下简称"公司"）股票于 2025 年 6 月 11 日、6 月 12 日连续两个交易日内日收盘价格涨幅偏离值累计超过 20%，根据《上海证券 交易所交易规则》的有关规定，属于股票交易异常波动情形。 ● 公司股票于 2025 年 6 月 9 日、6 月 10 日连续两个交易日内日收盘价格涨 幅偏离值累计超过 20%，公司于 2025 年 6 月 11 日披露了《北矿科技股票交易异常 波动公告》（公告编号：2025-019）。2025 年 6 月 11 日公司股票再次涨停，公司 于 2025 年 6 月 12 日披露了《北矿科技股票交易风险提示公告》（公告编号： 2025-020）。 ● 经公司自查并书面征询公司控股股东矿冶科技集团有限公司核实，截至本 公告披露日，除已披露事项外，确认不存在其他应披露而未披露的重大事项。 ● ...

Core Viewpoint - Beikong Technology (600980.SH) has experienced significant stock price fluctuations, with a cumulative deviation of over 20% in the last two days, indicating abnormal volatility [1] Company Summary - The company conducted a self-examination and consulted its controlling shareholder, confirming that there are no undisclosed significant matters [1] - Beikong Technology's production and operations are normal, and there have been no major changes in the internal and external operating environment [1] - The company acknowledges the risk of a small external circulation of shares due to the recent stock price volatility [1]

Group 1 - The stock of Beikong Technology (600980) reached the daily limit, with a turnover rate of 1.20% and a transaction amount of 52.72 million yuan [2] - The stock was listed on the Shanghai Stock Exchange due to a daily price deviation of 10.01%, with a net buying amount of 33.04 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction amount of 58.03 million yuan, with a buying amount of 45.53 million yuan and a selling amount of 12.49 million yuan, resulting in a net buying of 33.04 million yuan [2] Group 2 - The main buying brokerage was Lianchu Securities Co., Ltd. Shanghai Songlin Road Securities Office, with a buying amount of 15.03 million yuan, while the main selling brokerage was China Merchants Securities Co., Ltd. Nanning Jinhu Road Securities Office, with a selling amount of 4.40 million yuan [2] - The stock experienced a net inflow of 33.94 million yuan from main funds, with a large single net inflow of 42.40 million yuan and a large single net outflow of 8.47 million yuan [2] - In the first quarter, the company reported a revenue of 235 million yuan, a year-on-year increase of 16.37%, and a net profit of 20.76 million yuan, a year-on-year increase of 5.67% [2]

Market Overview - The market experienced fluctuations with mixed performance across the three major indices, resulting in over 2800 stocks declining in the Shanghai, Shenzhen, and Beijing markets [1] - New consumption concepts surged, particularly in the IP economy and beauty care sectors, with several stocks hitting the daily limit up [1] - The innovative drug sector remained active, with companies like Haishi Ke and Aosaikang reaching the daily limit up [1] - Gold stocks collectively strengthened, while the shipping sector faced adjustments, with Lianyungang dropping over 7% [1] - Today's trading volume reached 1.3 trillion [1] Hot Sectors IP Economy - The IP economy sector continued to rise, with stocks like Yuanlong Yatu and Hars hitting the daily limit up [4] - The catalyst for this surge includes the continuous historical highs of Pop Mart's stock and a 30% increase in the overnight performance of Chinese concept stock Quantum Song [4] - The Chinese trendy toy market is expected to reach a market size of 110.1 billion by 2026, with a compound annual growth rate of 20% from 2024 to 2026 [5] Rare Earth Magnetic Materials - The rare earth magnetic materials sector remained active, with companies like Beikong Technology and Huayang New Materials achieving consecutive limit ups [6] - The Chinese government is reviewing export license applications for rare earth materials, having approved a certain number of compliant applications [6] - Market expectations of gradual relaxation of export controls are likely to push up prices of rare earth raw materials [7] Quantum Computing - The quantum computing sector saw significant gains, with stocks like Geer Software and Electronic City hitting the daily limit up [9] - Nvidia's CEO Huang Renxun stated that quantum computing is reaching a turning point and will be powerful enough to help solve complex global issues in the coming years [9] - The global quantum computing industry is projected to exceed $800 billion by 2035 [11]

Market Overview - The three major A-share indices collectively rose in the morning session, with the Shanghai Composite Index up 0.07%, the Shenzhen Component Index up 0.05%, and the ChiNext Index up 0.50%. The North Exchange 50 Index fell by 0.38%. The total market turnover for the half-day was 793.7 billion yuan, a decrease of 16.2 billion yuan compared to the previous day, with over 2,200 stocks rising across the market [1]. Sector Performance - The rare earth permanent magnet, quantum technology, nuclear power, and automotive parts sectors saw significant gains, while the agriculture and pork sectors experienced declines [2]. - The rare earth permanent magnet sector continued to surge, with Beikong Technology (600980) achieving a four-day limit-up, and Huayang New Materials (600281) and Ningbo Yunsheng (600366) hitting the daily limit [2]. - The quantum technology concept also performed well, with Geer Software (603232) and Dongxin Peace (002017) reaching the daily limit [2]. - The automotive parts sector strengthened, with companies like Disengli (603335), Yingli Automotive (601279), and Xishanghai (605151) hitting the daily limit [2]. - The port and shipping concept declined, with Lianyungang and Ningbo Shipping (600798) dropping over 5% [2]. Stock Highlights - Notable stocks with consecutive limit-ups include Beikong Technology and Suzhou Longjie, both achieving four consecutive limit-ups [4]. - Companies with three consecutive limit-ups include Kanghui Pharmaceutical (603139), while several others achieved two consecutive limit-ups [5]. Emerging Trends - The artificial intelligence sector is currently a strong focus, with 10 companies hitting the daily limit and two stocks with consecutive limit-ups, including Yuanlong Yatu and Xinbeiyang [6]. - The Huawei concept also saw 10 companies hitting the daily limit, with four stocks achieving consecutive limit-ups, including Hars and Quanfeng Automotive [7]. - The new energy vehicle sector had 10 companies hitting the daily limit, with six stocks achieving consecutive limit-ups, including Ningbo Yunsheng and Meichen Technology [8]. Specific Industry Insights - The automotive parts sector is benefiting from car manufacturers committing to a payment period of no more than 60 days, which includes major companies like BYD, FAW, Dongfeng, and others [10]. - The AI glasses market is experiencing explosive growth, with sales volume increasing over eight times year-on-year. The global shipment of smart glasses is projected to reach 12.8 million units by 2025, with a year-on-year growth of 26%, and the Chinese market expected to exceed 2.75 million units, growing by 107% [12].

Economic Information - In May, the national futures market recorded a trading volume of 678,609,037 contracts and a transaction value of 5,472.99 billion yuan, representing a year-on-year decline of 4.51% and 1.55% respectively [2] - From January to May, the cumulative trading volume reached 3,336,834,307 contracts, with a cumulative transaction value of 28,693.44 billion yuan, showing year-on-year growth of 15.61% and 21.33% [2] - As of June 11, the wholesale price of 25-year Flying Moutai (bulk) was 1,990 yuan per bottle, down 30 yuan from the previous day, while the price of 25-year Flying Moutai (original) remained at 2,080 yuan per bottle [2] Company Alerts - Industrial Securities has not received any information regarding a merger with Huafu Securities [3] - *ST Yazhen has been suspended from trading for verification due to multiple instances of abnormal trading fluctuations [6] - Several companies, including Chaojie Co., Aikelan, and Fengyuzhu, have announced plans for share reductions by their shareholders, with reductions not exceeding 3% of total shares [8] Overseas Alerts - The US stock market saw all three major indices close lower, with the Nasdaq down 0.5% and Intel dropping over 6%, marking its largest single-day decline in two months [4] - In London, most base metals declined, with LME nickel down 1.13% at $15,145.00 per ton and LME copper down 1.12% at $9,647.00 per ton [5] - Jeffrey Gundlach, head of DoubleLine Capital, indicated that the US debt burden and interest payments have become unsustainable, suggesting that long-term US Treasuries are no longer considered truly risk-free investments [4]