海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而發表。 以下為中國冶金科工股份有限公司（「本公司」）於 二零二 六 年 一 月 十 三 日 在 上 海 證 券 交 易 所 網 站 刊 發 的 資 料 全 文，僅 供 提 供 信 息 之 用。 承董事會命 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 中國冶金科工股份有限公司 常 琦 聯席公司秘書 北 京，中 國 二零二 六 年 一 月 十 三 日 於 本 公 告 日 期，本 公 司 董 事 會 包 括 執 行 董 事：陳 建 光 先 生 及 白 小 虎 先 生； 非 執 行 董 事：郎 加 先 生 及 閆 愛 中 先 生（職工代表董事）；以 及 獨 立 非 執 行 董 事：劉力先生、吳 嘉 寧 先 生 及 周 國 萍 女 士。 * 僅供識別 证券代码：601618 证券简称：中国中冶 公告编号：临202 ...

A 股简称：中国中冶 A 股代码：601618 公告编号：临 2026-002 公司前十大无限售条件股东持股情况与公司前十大股东持股情况一致。 特此公告。 中国冶金科工股份有限公司董事会 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关规定，现将公司 2026 年第一次临时股东会股权登记日（即 2026 年 1 月 12 日）登记在册的前十大股东和前十大无限售条件股东的名称、持股 数量和持股比例的情况公告如下： 1 股东名称 持股数量 持股比例 中国五矿集团有限公司 9,171,859,770 44.26% 香港中央结算（代理人）有限公司(1) 2,851,154,901 13.76% 中国石油天然气集团有限公司 1,227,760,000 5.92% 中国冶金科工集团有限公司 1,019,095,530 4.92% 中国证券金融股份有限公司 589,038,427 2.84% 香港中央结算有限公司 230,481,937 1.11% 中国工商银行股份有限公司－华泰柏瑞沪深300 交 易型开放式指数证券投资基金 116,579,519 0.56% 中国建设银行股份 ...

中国冶金科工股份有限公司（以下简称"中国中冶"、"本公司"、"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： 证券代码：601618 证券简称：中国中冶 公告编号：临2026-001 中国冶金科工股份有限公司 关于 2025 年 12 月提供担保的公告 担保对象及基本情况 | 被担保 | 被担保人名称 | 中冶控股（香港）有限公司 | | | --- | --- | --- | --- | | | 本次担保金额 | 本金额度不超过 | 亿美元 2 | | 人 | 实际为其提供的担保余额 | 2 | 亿美元（含本次担保） | | | 是否在前期预计额度内 | □否 是 | □不适用：_________ | | | 本次担保是否有反担保 | □是 否 | □不适用：_________ | 累计担保情况 | 对外担保逾期的累计金额（万元） | 0 | | --- | --- | | 截至 年 月末上市公司及 2025 12 | | | 其控股子公司对外担保总额（人 | 1,590,568.05 | | 民币万 ...

Group 1 - The core point of the article is that China Metallurgical Group Corporation announced its total external guarantees amounting to RMB 15.906 billion, which represents 10.4% of the audited net assets attributable to shareholders for the fiscal year 2024 [1] - The company provided guarantees totaling RMB 14.686 billion to its wholly-owned and controlling subsidiaries, accounting for 9.6% of the audited net assets attributable to shareholders for 2024 [1] - The company has provided guarantees of RMB 700 million to its controlling shareholders and actual controllers, with an actual guarantee balance of RMB 350 million, and there are no overdue external guarantees [1] Group 2 - The article mentions that some photovoltaic companies are rushing to export before April 1, while others are facing difficulties due to skyrocketing raw material costs, such as silver, leading to challenging decision-making [1]

Group 1 - In December 2025, the enthusiasm for stock buybacks in the A-share market significantly increased, with both the number of companies announcing buyback plans and the total amount seeing substantial growth [1] - A total of 35 companies announced new buyback plans in December, representing an increase of nearly 60% compared to 22 companies in November [1] - The total proposed buyback amount for these 35 companies reached approximately 10.548 billion yuan, a 54.89% increase from 6.81 billion yuan in November [1] - Among these companies, 24 planned to buy back over 100 million yuan, accounting for 68.57% of the total [1] Group 2 - State-owned enterprises and industry leaders showed prominent performance in the buyback announcements, with notable companies like China Metallurgical Group and Dong'e Ejiao participating [1] - The companies with the highest proposed buyback amounts included China Metallurgical Group (2.5 billion yuan), Luxshare Precision (2 billion yuan), ZTE Corporation (1.2 billion yuan), and others, highlighting the financial strength and market responsibility of leading enterprises [1]

Core Insights - The Chinese M&A market experienced significant growth in 2025, with a total of 8,151 disclosed transactions and a transaction volume of approximately 25,894 billion yuan, representing a year-on-year increase of about 16.12% [1] - The recovery of the M&A market is attributed to a combination of policy, industry, and capital resonance, marking a shift in China's economic development from "quantity increase" to "quality improvement" [1][3] - The trend indicates a transition in the regulatory framework from "fatherly" control to a "market-friendly" service model, significantly reducing institutional transaction costs and enhancing market vitality [1][3] Regional Distribution - Beijing led the M&A market with a transaction volume of 10,930 billion yuan, up 48.59% year-on-year; Shanghai followed with 6,092 billion yuan, down 14.92%; and Guangdong ranked third with 4,593 billion yuan, down 17.89% [2] - There were 28 M&A events exceeding 100 billion yuan, with notable transactions including China Shenhua's acquisition of Guoyuan Power at 1,335.98 billion yuan, and CICC's mergers with Dongxing Securities and Xinda Securities at 1,142.75 billion yuan [2] Industry Distribution - The industrial sector led M&A activity with a transaction volume of 7,605 billion yuan, up 11.67% year-on-year; the real estate sector saw a remarkable increase of 549.36% to 4,443 billion yuan; and the information technology sector reached 2,855 billion yuan, up 35.84% [2][3] - The significant growth in the real estate sector is attributed to necessary asset-liability restructuring, with many transactions aimed at project clearance and risk mitigation [3] M&A Trends and Strategies - The industrial sector's M&A activity reflects a shift from "spreading out" to "stepping up," focusing on enhancing supply chain resilience and precision [3][4] - Horizontal integration M&A events accounted for 5,966 billion yuan, representing 22.70% of total transaction volume, indicating a deep structural phase of "stock reshuffling" across various industries [4] - Companies are increasingly pursuing "structural power" through horizontal mergers, aiming to establish stronger competitive barriers and enhance management efficiency and technological innovation [4] Future Outlook - In 2026, two key areas of focus are expected: strategic acquisitions in hard technology industries, particularly in semiconductors and industrial software, and professional integration led by state-owned enterprises in sectors like new energy and high-end equipment [5] - Cross-border M&A in the high-tech sector is anticipated to gain momentum as Chinese companies seek to acquire advanced technologies and talent globally, enhancing their position in the global tech supply chain [5][6]

Core Insights - In 2025, China's M&A market saw a total of 8,151 disclosed transactions, a slight decrease of 0.72% year-on-year, while the transaction scale increased to approximately 25,894 billion RMB, reflecting a growth of 16.12% year-on-year [1][2] M&A Market Overview - The total M&A transaction amount in 2025 increased by about 3,595 billion RMB compared to 2024, indicating a strong recovery in market demand driven by policy support and a positive response from the capital market [1] - The quarterly breakdown of M&A transaction scales for 2025 was 4,272 billion RMB, 4,610 billion RMB, 7,410 billion RMB, and 9,602 billion RMB [2] Regional Distribution - The most active region in China's M&A market in 2025 was Beijing, with a transaction scale of 10,930 billion RMB, up 48.59% year-on-year; Shanghai ranked second with 6,092 billion RMB, down 14.92%; and Guangdong ranked third with 4,593 billion RMB, down 17.89% [6] Industry Distribution - The top three industries by M&A transaction scale were: - Industrial sector: 7,605 billion RMB, up 11.67% - Real estate sector: 4,443 billion RMB, up 549.36% - Information technology sector: 2,855 billion RMB, up 35.84% [10] M&A Method Distribution - The distribution of M&A methods showed that: - Agreement acquisitions led with a scale of 10,681 billion RMB, accounting for 39.75% of the total scale - Issuing shares to purchase assets ranked second with 3,319 billion RMB, accounting for 12.35% - Auction-type acquisitions ranked third with 2,645 billion RMB, accounting for 9.84% [12] Purpose of M&A - The distribution of M&A purposes indicated that: - Horizontal integration M&A transactions accounted for 5,966 billion RMB, or 22.70% of the total transaction scale - Asset adjustment and strategic cooperation transactions accounted for 2,498 billion RMB and 2,059 billion RMB, or 9.51% and 7.84% respectively [13] M&A Scale Distribution - Transactions exceeding 100 billion RMB accounted for the highest proportion, at 42.14% of the total transaction amount, while transactions between 10 billion and 100 billion RMB accounted for 34.48% [16] Top 10 M&A Transactions - The largest M&A transactions in 2025 included: 1. Wantong Development's 12.63% equity judicial auction: 2,316.10 billion RMB 2. China Shenhua's private placement acquisition of Guoyuan Power and 12 other companies: 1,335.98 billion RMB 3. CICC's share swap merger with Dongxing Securities and Cinda Securities: 1,142.75 billion RMB [17][19]

Group 1 - The report highlights a significant increase in stock buybacks and dividend commitments among listed companies, with A-share buyback amounts rising by 97% and buyback proposals increasing by 50% in December 2025 compared to November 2025 [5][10]. - In December 2025, the total amount of buyback transactions in A-shares reached approximately 232.6 billion, with 88 transactions recorded, marking a substantial increase from the previous month [10][11]. - The report identifies the top three companies with the largest proposed buyback amounts: China Metallurgical Group, ZTE Corporation, and Zhongju Hi-Tech, with proposed amounts of 10-20 billion, 10-12 billion, and 3-6 billion respectively [10][11]. Group 2 - The report notes that the total amount of buyback and increase loans applied for in December 2025 was approximately 1604.5 billion, with 788 transactions recorded, indicating a structural preference for buybacks over increases [8][9]. - The A-share market saw a 58% increase in actual buybacks by controlling shareholders in December 2025, with a total of 38.9 billion in buybacks, although the number of new buyback proposals dropped significantly by 82% [17]. - The report also provides insights into the Hong Kong stock market, where buyback amounts reached approximately 219.3 billion HKD in December 2025, a rise of 87% from the previous month, driven by stock price corrections [23][24]. Group 3 - The report emphasizes the importance of dividend commitments as a key component of shareholder returns, tracking new dividend commitments from listed companies, with notable companies listed for December 2025 [30][31]. - The report suggests a focus on companies with significant buyback and increase announcements, providing a list of companies for investor reference based on their fundamentals and current valuations [27][28].

Core Viewpoint - China Metallurgical Group Corporation (China MCC) has experienced fluctuations in stock performance and financial metrics, indicating potential investment opportunities and challenges in the construction and engineering sector [1][2]. Financial Performance - As of September 30, 2025, China MCC reported a revenue of 335.09 billion yuan, a year-on-year decrease of 18.79% [2]. - The net profit attributable to shareholders for the same period was 3.97 billion yuan, reflecting a significant decline of 41.88% year-on-year [2]. - Cumulative cash dividends since the A-share listing amount to 17.21 billion yuan, with 4.37 billion yuan distributed over the last three years [3]. Stock Market Activity - On January 6, 2025, China MCC's stock price increased by 2.02%, reaching 3.03 yuan per share, with a trading volume of 370 million yuan and a turnover rate of 0.69% [1]. - The company's market capitalization stands at 62.79 billion yuan [1]. - Year-to-date, the stock has risen by 2.02%, but has seen a decline of 10.62% over the past 20 days and 25.19% over the past 60 days [1]. Shareholder Structure - As of September 30, 2025, the number of shareholders decreased to 282,500, a reduction of 9.46% from the previous period [2]. - The top ten circulating shareholders include China Securities Finance Corporation, holding 589 million shares, while Hong Kong Central Clearing Limited has reduced its holdings by 22.3 million shares [3].

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國冶金科工股份有限公司 呈交日期: 2026年1月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01618 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,871,000,000 | RMB | | | 1 RMB | | 2,871,000,000 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 2,871,000,000 | RMB | | | 1 RMB | | 2,871,000,000 | | 2 ...