证券代码：601212 证券简称：白银有色 公告编号：2025—临 046 号 白银有色集团股份有限公司 第五届监事会第十三次会议决议公告 本公司监事会及全体监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。 审议通过《关于取消公司监事会、调整经营范围并修订公司章程的提案》 一、监事会会议召开情况 白银有色集团股份有限公司（以下简称"公司"）于2025年9月19日通过电 子邮件或书面等方式向全体监事发出召开第五届监事会第十三次会议的通知。公 司第五届监事会第十三次会议于2025年9月29日以通讯方式召开。会议应出席监 事7人，实际出席监事7人。由于公司监事会主席退休，经半数以上监事共同推举， 本次会议由公司监事朱占瑞先生主持召开。会议的召集、召开符合《中华人民共 和国公司法》《公司章程》等有关规定，会议形成的决议合法有效。 二、监事会会议审议情况 特此公告。 白银有色集团股份有限公司监事会 2025 年 9 月 30 日 1 具体详见公司同日在指定信息披露媒体《上海证券报》《证券日报》及上海 证券交易所（www.sse.com.cn）披露的公 ...

证券代码：601212 证券简称：白银有色 公告编号：2025—临 045 号 白银有色集团股份有限公司 第五届董事会第二十七次会议决议公告 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 9 月 19 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二十七次会议 的通知。公司第五届董事会第二十七次会议于 2025 年 9 月 29 日以通讯方式召开。 会议应出席董事 12 名，实际出席董事 12 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2025年度投资计划方案的提案》 根据《公司法》和《公司章程》规定，选举范晓先生担任公司第五届董事会 董事及董事会薪酬与考核委员会委员职务，任期自本次董事会审议通过之日起至 第五届董事会届满之日止。范晓先生简历如下： ...

Core Insights - The article highlights the strong performance of the non-ferrous metal sector, particularly the increase in the price of copper and aluminum, driven by supply disruptions and demand recovery [1][2] Group 1: Market Performance - The non-ferrous metal ETF showed a stable performance with a 1.5% increase in price and a transaction volume of 1.4755 million yuan, bringing the fund's total size to 303 million yuan [1] - Key stocks such as Baiyin Nonferrous, Guiyan Platinum, and Xingye Silver Tin saw significant gains of 3.6%, 3.23%, and 2.92% respectively, while Shenghe Resources experienced a decline of 1.41% [1] Group 2: Supply and Demand Dynamics - The Grasberg copper mine, the second largest globally, has halted production due to an accident, leading Freeport to project a significant decrease in copper sales by Q4 2025 and a potential 35% drop in production in 2026, exacerbating supply tightness [1] - The aluminum sector is witnessing a positive trend with successful technological advancements in aluminum alloy materials for automotive applications, recognized by high-end clients like BMW and Mercedes, which is expected to drive industry transformation [1] Group 3: Price Outlook - Tianfeng Securities indicates a bullish sentiment in the copper market, with prices expected to continue rising due to supply-demand dynamics and a favorable outlook for aluminum prices supported by inventory reductions and seasonal demand [1][2] - The cobalt sector is facing increased prices due to export bans and quota policies from the Democratic Republic of Congo, leading to a tightening of raw material supply [2]

Group 1 - The industrial metal sector increased by 0.43% on September 26, with Jingyi Co., Ltd. leading the gains at 10% [1] - The Shanghai Composite Index closed at 3828.11, down 0.65%, while the Shenzhen Component Index closed at 13209.0, down 1.76% [1] - Key stocks in the industrial metal sector showed significant price movements, with Jingyi Co., Ltd. closing at 14.85 and a trading volume of 285,000 shares, resulting in a transaction value of 409 million yuan [1] Group 2 - The industrial metal sector experienced a net outflow of 293 million yuan from institutional investors, while retail investors saw a net outflow of 60.1 million yuan [2] - The sector attracted a net inflow of 354 million yuan from speculative funds [2] - Specific stocks like Luoyang Aluminum and Baiyin Nonferrous Metals had notable net inflows from institutional investors, while others like Lida New Materials faced significant outflows from retail investors [3]

Group 1 - The stock market in Shanghai and Shenzhen experienced fluctuations on September 26, with sectors such as oil and petrochemicals, real estate, steel, and non-ferrous metals showing significant gains [1] - The cash flow ETF from Southern (159232.SZ) increased by 0.52%, while silver and non-ferrous metals rose by 4.26% [1] - The focus on free cash flow strategies emphasizes the quality of corporate earnings and cash generation capabilities, which are crucial during economic fluctuations [1] Group 2 - The CSI All Share Free Cash Flow Index includes stable, high-quality traditional industries as well as emerging manufacturing sectors like automotive and electrical equipment, aligning with the trend of high-end manufacturing growth in the context of China's economic transition [1] - With the ongoing recovery of the domestic economy and a loose monetary policy, expectations for improved corporate earnings quality are increasing, suggesting that companies with abundant free cash flow may see accelerated value reassessment [1] - The onset of a Federal Reserve rate cut cycle is expected to lead to a sustained decline in interest rates, combined with global liquidity, which may elevate the valuation levels of companies with strong cash flow [1]

Group 1 - Hunan Silver increased by 9.12% [1] - Silver Nonferrous rose by 8.51% [1] - Jiangxi Copper surged by 6.77% [1] - Guiyan Platinum, Yuguang Gold Lead, and Shengda Resources all rose over 4% [1]

Group 1 - The precious metals sector experienced a significant upward movement on September 26, with Hunan Silver rising over 9% [1] - Silver Unicom and Jiangxi Copper both increased by nearly 7% [1] - Guiyan Platinum, Yuguang Gold Lead, and Shengda Resources saw gains of over 4% [1]

Group 1 - The A-share market's copper concept stocks continue to strengthen, with Jingyi Co. achieving three consecutive trading limit increases, and other companies like Baiyin Nonferrous Metals, Jiangxi Copper, and Shengtun Mining also showing significant gains [1] - The China Nonferrous Metals Industry Association's Copper Branch firmly opposes "involution" competition within the copper smelting industry, indicating a push for more sustainable practices [1] - The Grasberg mine in Indonesia, the world's second-largest copper mine, has declared "force majeure" and ceased operations due to a landslide incident, impacting global copper supply [1]

Group 1 - The company, Baiyin Nonferrous Metals, has been under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, as indicated by the notice received on September 10, 2023 [2] - The company reported a short selling of 169,800 shares and a short balance of 7.1989 million yuan as of September 22, 2023, with a remaining short position of 1.9197 million shares [2] - Investors who suffered losses due to the company's delayed or inaccurate information disclosure can file for compensation if they purchased shares within specified time frames [2] Group 2 - On December 26, 2024, Baiyin Nonferrous Metals held its second extraordinary general meeting of shareholders, which was convened by the board of directors [4] - The meeting was attended by 997 shareholders, representing 5.152 billion shares, which accounted for 69.58% of the total voting shares [4] - The meeting approved the proposal for the appointment of the auditing firm for the year 2024, confirming that the meeting's procedures and results complied with relevant laws and regulations [5] Group 3 - Baiyin Nonferrous Metals holds 25 copyright registrations and has obtained 430 administrative licenses according to Tianyancha data [6]

Group 1 - The core viewpoint of the news is that the copper sector in the A-share market experienced a significant rise, driven by supply disruptions at Freeport's Grasberg mine, which is expected to impact global copper supply and prices positively [1][2] - Freeport announced that the Grasberg mine supply is facing force majeure, leading to a substantial increase in copper prices, marking the largest rise in over five months [1] - Citigroup analysts noted that Grasberg accounts for approximately 3% of global copper supply, with total losses in Q4 expected to affect global supply by 3%, and a projected 35% loss by 2026 impacting about 1% of global supply, which will support copper prices [1] Group 2 - The A-share copper concept stocks opened high, with notable gains: Electric Alloy surged over 12%, Jingyi Co. reached a 10% limit up, Jiangxi Copper increased over 8%, and Tongling Nonferrous Metals rose over 6% [1][2] - Specific stock performances include: - Electric Alloy: +12.69%, market cap of 8.22 billion - Jingyi Co.: +10.02%, market cap of 3.38 billion - Jiangxi Copper: +8.24%, market cap of 106.9 billion - Tongling Nonferrous Metals: +6.73%, market cap of 61.6 billion - Yunnan Copper: +5.87%, market cap of 32.2 billion - Shengtu Mining: +4.57%, market cap of 26.9 billion - Baiyin Nonferrous: +3.46%, market cap of 28.8 billion - Zhongyuan New Materials: +3.40%, market cap of 3.569 billion [2]