证券代码：601212 证券简称：白银有色 公告编号：2026—临 002 号 白银有色集团股份有限公司 关于增加 2025 年度日常关联交易预计额度的公告 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个别及连带责任。 重要内容提示： ●是否需要提交公司股东会审议：否 ●日常关联交易对公司的影响：本公司的日常关联交易对公司独立性没有影响，公 司主要业务不因上述交易而对关联人形成依赖。不存在损害公司利益、非关联股东和中 小股东利益的行为，也不会对公司损益状况、资产状况和财务状况产生不利影响。 一、日常关联交易基本情况 （一）日常关联交易履行的审议程序 1.董事会表决情况和关联董事回避情况 白银有色集团股份有限公司（简称"白银有色"或"公司"）于 2026 年 1 月 12 日 召开第五届董事会第三十一次会议审议通过《关于增加 2025 年度日常关联交易预计额 度的提案》。关联董事王普公、王萌、李志磊、彭宁、范晓、王樯忠回避表决其作为关 联董事的提案，其他非关联董事表决同意本提案。公司将在审议通过的预计额度内开展 具体日常关联交易业务，期 ...

白银有色集团股份有限公司 证券代码：601212 证券简称：白银有色 公告编号：2026-临 005 号 关于对外担保进展的公告 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。 重要内容提示： 本次担保对象及基本情况 | 担保对象一 | 被担保人名称 | 白银有色长通电线电缆有限责任公司 | | --- | --- | --- | | | 本次担保金额 | 1,500.00 万元 | | | 实际为其提供的担保余额 | 37,498.87 万元 | | | 是否在前期预计额度内 | ☑是□否□不适用：_________ | | | 本次担保是否有反担保 | □是☑否□不适用：_________ | | 担保对象二 | 被担保人名称 | 白银新大孚科技化工有限公司 | | | 本次担保金额 | 400.00 万元 | | | 实际为其提供的担保余额 | 10,400.00 万元 | | | 是否在前期预计额度内 | ☑是□否□不适用：_________ | | | 本次担保是否有反担保 | □是☑否□不适用：_________ ...

关于选举董事及董事辞职的公告 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。 重要内容提示： 白银有色集团股份有限公司（以下简称"公司"）于 2026 年 1 月 12 日召 开第五届董事会第三十一次会议，同意选举王文广先生担任公司第五届董事会董 事及董事会战略委员会、合规与风险管理委员会委员职务，尚需提交股东会审议。 同日收到董事王樯忠先生递交的书面辞职报告，因到龄退休，王樯忠先生申请辞 去公司董事以及董事会下设专门委员会相关委员职务，辞职后不再担任公司任何 职务。 证券代码：601212 证券简称：白银有色 公告编号：2026-临 004 号 白银有色集团股份有限公司 一、董事选举情况 近日，公司收到甘肃省新业资产经营有限责任公司《关于向白银有色集团股 份有限公司推荐董事人选的函》，推荐王文广同志为公司董事人选，王樯忠同志 不再担任公司董事职务。 2026 年 1 月 12 日，公司召开第五届董事会第三十一次会议，审议通过《关 于选举董事的提案》，尚需提交股东会审议。根据《公司法》和《公司章程》规 定，拟选举王文广（简历附 ...

证券代码：601212 证券简称：白银有色 公告编号：2026—临 001 号 白银有色集团股份有限公司 第五届董事会第三十一次会议决议公告 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个别及连带责任。 一、董事会会议召开情况 白银有色集团股份有限公司（以下简称"公司"）于 2025 年 12 月 30 日通 过电子邮件或书面等方式向公司全体董事发出召开第五届董事会第三十一次会 议的通知。公司第五届董事会第三十一次会议于 2026 年 1 月 12 日以通讯方式召 开。会议应出席董事 13 名，实际出席董事 13 名。本次会议由公司董事长王普公 先生主持召开。会议的召集、召开、审议程序符合《中华人民共和国公司法》等 法律法规及《公司章程》的有关规定，会议形成的决议合法有效。 二、董事会会议审议情况 （一）审议通过《关于调整和增补董事会专门委员会委员的提案》 前期，经公司股东会审议通过取消监事会，公司董事会构成发生变化，减少 1名独立董事、增加1名职工董事。现需对公司董事会专门委员会委员进行调整和 增补。经本次董事会审议，将孙积禄先生调 ...

Core Viewpoint - The company has approved the establishment of a gold company with a registered capital of 1.5 billion yuan, which has been officially registered as of November 2025 [1] Group 1 - The company will contribute 1.5 billion yuan to set up the gold company [1] - After the completion of the gold company's registered capital contribution, the company plans to transfer fixed assets and mining rights from its copper subsidiary to the gold company, which will increase the registered capital by 240 million yuan [1]

白银有色公告称，公司拟向下属全资子公司甘肃红鹭黄金有限公司增资约2.4亿元（以最终登记金额为 准）。本次增资已获公司第五届董事会第三十一次会议审议通过，无需提交股东会审议，且不构成关联 交易和重大资产重组。黄金公司于2025年11月完成工商登记，注册资本15亿元。公司完成15亿元实缴 后，将以铜业公司相关固定资产和郝泉沟金矿采矿权进行增资。增资后，公司仍持有其100%股权，合 并报表范围不变。截至公告披露日，增资事项尚未完成。 ...

Core Insights - The northbound trading of the Stock Connect has shown significant enthusiasm from foreign capital, with a total trading volume exceeding 200 trillion yuan in 2025, marking a historical high and reflecting strong confidence in the long-term investment value of the Chinese capital market [1][5] Group 1: Holdings Overview - As of the end of Q4 2025, northbound funds held a total of 4,014 securities, with a stable overall holding scale [1] - The holdings of foreign capital exhibit a "head concentration" feature, with over 213 stocks having more than 100 million shares held, and 37 stocks exceeding 500 million shares [1] - Notable stocks favored by northbound funds include JD.com, Industrial and Commercial Bank of China, Zijin Mining, Agricultural Bank of China, and others, with holdings exceeding 1 billion shares, primarily in low-valuation or high-dividend sectors [1] Group 2: Trading Activity - In Q4 2025, northbound funds engaged in significant portfolio adjustments, increasing holdings in over 1,600 stocks, with more than 1,000 stocks seeing an increase of over 1 million shares [2] - The top ten stocks with the largest increases in holdings included China Aluminum, Weichai Power, and others, each with increases exceeding 100 million shares [2][4] - The trading activity of northbound funds has notably increased, with a daily trading volume exceeding 300 billion yuan for four consecutive trading days, indicating a strong return of foreign capital to A-shares [4] Group 3: Long-term Trends - Since the establishment of the Stock Connect mechanism, the cumulative trading volume of northbound funds has surpassed 200 trillion yuan, with 2025's total trading volume reaching 50.33 trillion yuan, a growth of over 40% compared to 2024 [5] - The significant increase in trading volume and the focus on bank and resource stocks in Q4 2025 signal multiple positive trends, including sustained foreign interest in Chinese assets and a balanced investment strategy [5] - The ongoing optimization of capital market systems and deepening of openness are expected to lead to more normalized and rational flows of northbound funds, providing stable liquidity support for the A-share market [5]

Core Insights - The copper smelting industry in China is experiencing a significant trade deficit, with imports far exceeding exports, leading to an increasing trend in trade deficit from 2019 to 2024 [1][2]. Trade Deficit - In 2024, the total import and export value of copper smelting-related products in China reached 811.86 billion yuan, with a trade deficit expanding by 114.51 billion yuan [1]. - For the first seven months of 2025, the trade deficit was recorded at 195.81 billion yuan, indicating a continued trend of high import reliance [2]. Import Volume and Value - The import volume of copper smelting-related products in China reached 33.02 million tons in 2024, marking a 2.34% increase from 2023, with an import value of 807.29 billion yuan, which is a 14.48% increase compared to 2020 [3]. - In the first seven months of 2025, the import volume was 20.00 million tons, with an import value of 507.56 billion yuan [3]. Import Price Trends - The average import price of copper smelting-related products has shown an upward trend from 2019 to July 2025, with significant increases noted during the 2020-2021 period due to supply chain disruptions caused by the COVID-19 pandemic [5]. Export Volume and Value - The export volume of copper smelting-related products in China was 456,400 tons in 2024, with an export value of 31.60 billion yuan, reaching a peak during the observed period [7]. - For the first seven months of 2025, the export volume was 421,600 tons, with an export value of 28.92 billion yuan [7]. Export Price Trends - The average export price of copper smelting-related products has generally increased from 2019 to July 2025, although some products exhibited significant price volatility due to smaller export volumes [10].

Core Viewpoint - Silver Group's stock price has shown fluctuations, with a recent decline of 2.01% and a total market capitalization of 43.392 billion yuan, indicating a mixed performance in the market [1]. Financial Performance - For the period from January to September 2025, Silver Group achieved operating revenue of 72.643 billion yuan, reflecting a year-on-year growth of 5.21%. However, the net profit attributable to shareholders was -215 million yuan, which represents a significant increase of 30.90% compared to the previous year [2]. Shareholder Information - As of September 30, 2025, the number of shareholders for Silver Group reached 180,700, an increase of 39.13% from the previous period. The average number of circulating shares per shareholder decreased by 28.13% to 40,970 shares [2]. Dividend Distribution - Since its A-share listing, Silver Group has distributed a total of 284 million yuan in dividends, with 65.162 million yuan distributed over the past three years [3]. Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited was the eighth largest circulating shareholder, holding 73.082 million shares, an increase of 10.7443 million shares from the previous period. Conversely, Southern CSI 500 ETF reduced its holdings by 1.0557 million shares, while Gold Stock ETF entered as a new shareholder with 34.0831 million shares [3].

Group 1 - The core point of the article is that the company, Baiyin Nonferrous, has stated that it currently has no product exports to EU countries [2] Group 2 - The company responded to investor inquiries on an interactive platform regarding its export activities [2]