Group 1: Liquidity and Performance of Rare Earth ETF - The liquidity of the Rare Earth ETF managed by Jiashi has a turnover rate of 2.74%, with a transaction volume of 66.81 million yuan [2] - Over the past week, the average daily transaction volume of the Rare Earth ETF reached 122 million yuan, ranking first among comparable funds [2] - In the last two weeks, the Rare Earth ETF's scale increased by 568 million yuan, achieving significant growth and ranking first in new scale among comparable funds [2] - The ETF's shares increased by 39.5 million in the past week, indicating substantial growth [2] - In the last five trading days, there were net inflows on three days, totaling 115 million yuan [2] - As of June 18, the net value of the Rare Earth ETF has risen by 30.55% over the past year, ranking 376 out of 2857 in the index stock fund category, placing it in the top 13.16% [2] - Since its inception, the ETF has recorded a highest monthly return of 41.25%, with the longest consecutive monthly gains being four months and a maximum cumulative increase of 83.89% [2] Group 2: Key Holdings and Market Dynamics - As of May 30, the top ten weighted stocks in the China Rare Earth Industry Index account for 57.28% of the index, including Northern Rare Earth, China Rare Earth, Wolong Electric Drive, and others [2] - The Ministry of Commerce announced on June 19 that it will expedite the review of rare earth export license applications, emphasizing the importance of maintaining global supply chain stability [4] - Recent reports suggest that domestic export licenses are being gradually issued, and rising prices abroad are expected to be transmitted to the domestic market [5] - The domestic rare earth prices are currently at a cyclical low, with expectations for a continued upward adjustment in price levels [5] - Investors can consider the Rare Earth ETF Jiashi linked fund (011036) to capitalize on investment opportunities in the rare earth sector [5]

Core Viewpoint - The company has provided a guarantee of 100.8 million yuan to its subsidiary, Leshan Jingyuntong New Materials Technology Co., Ltd., to support its financing needs, with a total guarantee amount of 158.645 million yuan already provided [1][2][11]. Summary by Sections 1. Overview of External Guarantees - Leshan Jingyuntong signed a financing lease contract with Zhejiang Zhiyin Financial Leasing Co., Ltd., with the company providing a joint liability guarantee [1][2]. - The total amount of guarantees provided by the company to Leshan Jingyuntong is 158.645 million yuan, which includes the current guarantee amount [1][2]. 2. Basic Information of the Guaranteed Party - Leshan Jingyuntong has total assets of 596.591 million yuan and total liabilities of 283.644 million yuan, resulting in a debt-to-asset ratio of 48.20% [4][6]. - The company reported a revenue of 198.713 million yuan and a net loss of 71.562 million yuan for the year 2024 [4]. 3. Main Contractual Content - The guarantee covers all debts owed by the lessee to Zhejiang Zhiyin Financial Leasing, including rent, penalties, and other payments [6][10]. - The guarantee period lasts for three years after the final debt payment deadline [10]. 4. Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary for the financing needs of the subsidiary, supporting its stable operation and long-term development [11]. - The company maintains effective control over the operational risks and credit status of the guaranteed subsidiary [11]. 5. Board of Directors' Opinion - The board has approved the guarantee arrangements, stating they comply with regulations and are necessary for the subsidiary's operations [11][12]. 6. Total External Guarantee Amount and Overdue Guarantees - The total external guarantees provided by the company and its subsidiaries amount to 4.191 billion yuan, representing 46.48% of the company's latest audited equity attributable to shareholders [11].

证券代码：601908 证券简称：京运通 公告编号：临 2025-032 北京京运通科技股份有限公司 关于为子公司提供担保的进展公告 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： 被担保人名称：乐山市京运通新材料科技有限公司（以下简称"乐山京 运通"或"承租人"），系北京京运通科技股份有限公司（以下简称"公司"）的 控股子公司。 本次担保本金金额：10,080.00 万元（剩余未付本金金额为 3,531.53 万元）。 已实际为其提供的担保余额：公司已为乐山京运通提供 15,864.50 万元 （包含本次担保金额）担保。 一、对外担保情况概述 乐山京运通于 2022 年与浙江浙银金融租赁股份有限公司（以下简称"浙银 金租"）签订《融资租赁合同》，由公司提供连带责任保证（详见公司公告：临 2022-051）。2025 年 6 月 11 日，公司及乐山京运通与浙银金租签订《补充协议》， 对租赁期限、后续还款安排进行了调整，并由公司继续对剩余全部债务提供连带 责任保证担保（担保合同内容详见公司公告：临 2022-0 ...

北京京运通科技股份有限公司 2024 年年度股东大会 会议资料 2025 年 6 月 北京京运通科技股份有限公司 2024 年年度股东大会会议通知 各位股东及股东代表： 为维护投资者的合法权益，确保北京京运通科技股份有限公司（以下简称"公 司"）本次股东大会的顺利召开，依据中国证券监督管理委员会《上市公司股东 大会规则》等有关规定，制定大会须知如下： 一、本公司根据《中华人民共和国公司法》《中华人民共和国证券法》《上 市公司股东大会规则》和《公司章程》的规定，认真做好召开股东大会的各项工 作。 二、本公司证券部具体负责大会有关程序方面的事宜。 对于干扰股东大会秩序、寻衅滋事和侵犯其他股东合法权益的行为，公司有 权采取必要措施予以制止并报告有关部门查处。 北京京运通科技股份有限公司 四、出席会议的股东（或股东代表）须在会议召开前 10 分钟到会议现场向 证券部办理签到手续，并请按规定出示证券账户卡、身份证或法人单位证明、授 权委托书以及参会回执等，经验证后领取会议资料，方可出席会议。 五、股东（或股东代表）依法享有发言权、咨询权和表决权等各项权益。如 股东（或股东代表）欲在本次股东大会上发言，请在参会回执的发言 ...

证券代码：601908 证券简称：京运通 公告编号：2025-031 北京京运通科技股份有限公司 关于召开2024年年度股东大会的通知 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： 股东大会召开日期：2025年6月26日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 一、 召开会议的基本情况 （一）股东大会类型和届次 2024年年度股东大会 （二）股东大会召集人：董事会 北京京运通科技股份有限公司（以下简称"公司"）于 2025 年 6 月 5 日召 开第六届董事会第七次会议审议通过了《关于召开北京京运通科技股份有限公司 2024 年年度股东大会的议案》。 （三）投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相 结合的方式 （四）现场会议召开的日期、时间和地点 召开的日期时间：2025 年 6 月 26 日 14 点 00 分 召开地点：北京经济技术开发区经海四路 158 号公司 412 会议室 （五）网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大 ...

融资融券数据显示，该股最新（5月19日）两融余额为2.52亿元，其中，融资余额为2.50亿元，融券余额 为196.47万元。近5日融资余额合计增加836.71万元，增幅为3.47%。融券余额合计增加49.06万元，增幅 33.28%。 4月29日公司发布的一季报数据显示，一季度公司共实现营业收入6.83亿元，同比下降53.50%，实现净 利润-9141.40万元。（数据宝） 京运通(601908)今日下跌9.35%，全天换手率13.61%，成交额11.72亿元，振幅10.37%。龙虎榜数据显 示，沪股通净卖出3377.42万元，营业部席位合计净卖出115.06万元。 上交所公开信息显示，当日该股因日跌幅偏离值达-9.73%上榜，沪股通净卖出3377.42万元。 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交1.65亿元，其中，买入成交额为6494.99 万元，卖出成交额为9987.46万元，合计净卖出3492.47万元。 具体来看，今日上榜的营业部中，沪股通为第一大卖出营业部，卖出金额为3377.42万元，合计净卖出 3377.42万元。 近半年该股累计上榜龙虎榜6次，上榜次日股价平均涨4.75%， ...

Core Viewpoint - The stock of Beijing Jingyuntong Technology Co., Ltd. (Jingyuntong) has experienced significant price increases, with a 60.24% rise over the past 20 trading days, despite the absence of any positive news or major developments from the company [2][4][6]. Stock Performance - Jingyuntong's stock has achieved five consecutive trading limit-ups within nine trading days, closing at 3.99 yuan per share and reaching a total market capitalization of 9.634 billion yuan [2]. - The stock began to show upward momentum before the May Day holiday, with two consecutive limit-ups on May 6 and 7, followed by a significant increase starting May 13 [3][4]. Company Announcements - The company issued two announcements regarding stock trading anomalies, clarifying that there were no undisclosed significant matters affecting the stock price [3]. - Jingyuntong emphasized that there were no major changes in market conditions or production costs, and no significant contracts had been signed recently [3][4]. Business Overview - Jingyuntong operates in high-end equipment manufacturing, primarily producing photovoltaic and semiconductor equipment. However, the high-end equipment business saw a 66.36% decline in revenue year-on-year, contributing less than 10% to total revenue [5]. - The company has a minor stake in a joint venture with Northern Rare Earth for the development of rare earth-based denitration catalysts, but it has no significant presence in the rare earth sector [5]. Financial Performance - In 2024, Jingyuntong reported its first major loss since its listing in 2011, with a net profit of -2.361 billion yuan, a decline of 1100.46% year-on-year. Total revenue fell by 56.28% to 4.591 billion yuan [6]. - The new materials segment, which includes silicon rods and wafers, was the primary contributor to the losses, with revenues dropping 65.97% to 2.817 billion yuan and a gross margin of -43.29% [6]. Market Conditions - The photovoltaic industry is facing ongoing supply-demand fluctuations, leading to price pressures across the supply chain. The company noted that the competitive environment in the silicon wafer market remains intense [6][7]. - The company has adjusted its production rates in response to market conditions, but the specific operational rates for its projects remain uncertain [7].

2024 年度公司实现营业收入约 45.91 亿元，同比减少 56.28%，实现归属 于上市公司股东的净利润约-23.61 亿元，基本每股收益-0.98 元/股。2025 年第一 季度公司实现营业收入约 6.83 亿元，同比减少 53.50%，实现归属于上市公司股 东的净利润约-0.91 亿元，基本每股收益-0.04 元/股。 一、生产经营情况 证券代码：601908 证券简称：京运通 公告编号：临 2025-030 北京京运通科技股份有限公司 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。 重要内容提示： 北京京运通科技股份有限公司（以下简称"公司"）股票于 2025 年 5 月 13 日、5 月 14 日、5 月 15 日连续三个交易日内日收盘价格涨幅偏离值累计达 20%，根据《上海证券交易所交易规则》等有关规定，属于股票交易异常波动 的情形。公司已于 2025 年 5 月 16 日披露了《股票交易异常波动公告》（公告编 号：临 2025-029）。 2025 年 5 月 16 日，公司股票再次涨停， ...

京运通（601908）公告，公司股票于2025年5月13日、5月14日、5月15日连续三个交易日内日收盘价格 涨幅偏离值累计达20%，属于股票交易异常波动的情形。2025年5月16日，公司股票再次涨停，公司股 票连续4个交易日涨幅达到39.51%。公司目前生产经营正常，市场环境或行业政策未发生重大调整，生 产成本和销售等情况未出现大幅波动，近期未签订重大合同。2024年度公司实现营业收入约45.91亿 元，同比减少56.28%，实现归属于上市公司股东的净利润约-23.61亿元，基本每股收益-0.98元/股。 2025年第一季度公司实现营业收入约6.83亿元，同比减少53.50%，实现归属于上市公司股东的净利润 约-0.91亿元，基本每股收益-0.04元/股。 ...

京运通再度涨停，4个交易日内录得3个涨停，累计涨幅为39.51%，累计换手率为36.67%。截至10:08， 该股今日成交量2.13亿股，成交金额8.06亿元，换手率8.80%。最新A股总市值达96.34亿元。 证券时报·数据宝统计，两融数据来看，该股最新（5月15日）两融余额为2.45亿元，其中，融资余额 2.43亿元，较前一个交易日增加329.75万元，环比增长1.37%，近4日累计增加203.19万元，环比增长 0.84%。 4月29日公司发布的一季报数据显示，一季度公司共实现营业总收入6.83亿元，同比下降53.50%，实现 净利润-0.91亿元，同比增长80.29%。（数据宝） 近日该股表现 | 日期 | 当日涨跌幅（%） | 换手率（%） | 主力资金净流入（万元） | | --- | --- | --- | --- | | 2025.05.15 | 10.00 | 12.14 | 17557.97 | | 2025.05.14 | 4.76 | 11.32 | -8169.41 | | 2025.05.13 | 10.14 | 4.41 | 13448.78 | | 2025.05.12 | - ...