Group 1 - The core point of the news is that Jintai Co., Ltd. experienced a 5.02% drop in stock price, closing at 15.53 yuan per share, with a trading volume of 673 million yuan and a turnover rate of 1.32%, resulting in a total market capitalization of 50.109 billion yuan [1] - Jintai Co., Ltd. is primarily engaged in molybdenum mining, production and sales of molybdenum raw materials, molybdenum chemicals, and molybdenum metal products, along with trading of molybdenum and other metal products [1] - The main business revenue composition includes 90.14% from molybdenum mining, smelting, and deep processing, 8.73% from commodity trading, and 1.14% from other sources [1] Group 2 - According to data from the top ten heavy stocks of funds, one fund under the Fortune Fund holds a significant position in Jintai Co., Ltd., specifically the Fortune CSI 500 Index Enhanced (LOF) A/B (161017), which held 3.8644 million shares, accounting for 0.74% of the fund's net value, ranking as the eighth largest heavy stock [2] - The estimated floating loss for the fund today is approximately 3.1688 million yuan [2] - The Fortune CSI 500 Index Enhanced (LOF) A/B (161017) has a total scale of 4.827 billion yuan, with a year-to-date return of 28.53%, ranking 2226 out of 4220 in its category, and a one-year return of 28.14%, ranking 2037 out of 3852 [2]

Core Points - Jinmoly Co., Ltd. experienced a 5.02% decline in stock price, trading at 15.53 yuan per share with a total market capitalization of 50.109 billion yuan as of October 10 [1] - The company primarily engages in molybdenum mining, smelting, and deep processing, with 90.14% of its revenue derived from molybdenum products, 8.73% from commodity trading, and 1.14% from other sources [1] Company Overview - Jinmoly Co., Ltd. was established on May 16, 2007, and went public on April 17, 2008 [1] - The company is located in Xi'an High-tech Industrial Development Zone, Shaanxi Province, China [1] Shareholder Information - Among the top ten circulating shareholders, a fund under China Europe Fund, specifically the China Europe Dividend Enjoyment Flexible Allocation Mixed A (004814), entered the list in the second quarter, holding 6.2835 million shares, which is 0.19% of the circulating shares [2] - The estimated floating loss for this fund today is approximately 5.1525 million yuan [2] Fund Performance - The China Europe Dividend Enjoyment Flexible Allocation Mixed A (004814) was established on April 19, 2018, with a current scale of 5.06 billion yuan [2] - Year-to-date return for the fund is 39.85%, ranking 2427 out of 8166 in its category, while the one-year return is 38.08%, ranking 2378 out of 8014 [2]

Group 1 - The stock of Jinduicheng Molybdenum Industry Co., Ltd. fell by 5.02% on October 10, closing at 15.53 yuan per share, with a trading volume of 673 million yuan and a turnover rate of 1.32%, resulting in a total market capitalization of 50.109 billion yuan [1] - The company, established on May 16, 2007, and listed on April 17, 2008, primarily engages in molybdenum mining, production and sales of molybdenum raw materials, molybdenum chemicals, and molybdenum metal products, along with sulfuric acid products [1] - The revenue composition of the company's main business includes 90.14% from molybdenum mining, smelting, and deep processing, 8.73% from commodity trading, and 1.14% from other sources [1] Group 2 - Western Lide Fund has one fund heavily invested in Jinduicheng Molybdenum, specifically the Western Lide CSI 500 Index Enhanced A (502000), which held 1.9588 million shares in the second quarter, accounting for 1.2% of the fund's net value, ranking as the fifth-largest holding [2] - The estimated floating loss for the fund today is approximately 1.6062 million yuan [2] - The Western Lide CSI 500 Index Enhanced A fund was established on February 19, 2020, with a current scale of 1.4 billion yuan, yielding 28.66% year-to-date, ranking 2214 out of 4220 in its category [2]

Group 1 - The core point of the news is that Jinduicheng Molybdenum Co., Ltd. experienced a 5.02% drop in stock price, closing at 15.53 yuan per share, with a trading volume of 673 million yuan and a turnover rate of 1.32%, resulting in a total market capitalization of 50.109 billion yuan [1] - The company, established on May 16, 2007, and listed on April 17, 2008, primarily engages in molybdenum mining, production and sales of molybdenum raw materials, chemical products, and metal products, along with trading of molybdenum and other metal products [1] - The revenue composition of the company's main business includes 90.14% from molybdenum mining, smelting, and deep processing, 8.73% from commodity trading, and 1.14% from other sources [1] Group 2 - From the perspective of major fund holdings, it is noted that one fund under Yinhua Fund holds a significant position in Jinduicheng Molybdenum, specifically the Yinhua Yuli Mixed Initiation Fund (005848), which held 200,500 shares in the second quarter, accounting for 2.4% of the fund's net value, ranking as the ninth largest holding [2] - The Yinhua Yuli Mixed Initiation Fund was established on December 7, 2018, with a latest scale of 91.2915 million yuan, achieving a year-to-date return of 6.25%, ranking 6651 out of 8166 in its category, and a one-year loss of 0.31%, ranking 7853 out of 8014 [2] - The fund manager, Wan Xin, has been in the position for 1 year and 114 days, with the fund's total asset size at 353 million yuan, achieving a best return of 12.34% and a worst return of 4.86% during his tenure [3]

Core Viewpoint - Jinmoly Co., Ltd. has shown a significant stock price increase of 54.97% year-to-date, with a recent market capitalization of 48.302 billion yuan, indicating strong investor interest and market performance [1][2]. Financial Performance - For the first half of 2025, Jinmoly reported operating revenue of 6.959 billion yuan, reflecting a year-on-year growth of 5.55%, while net profit attributable to shareholders decreased by 8.27% to 1.382 billion yuan [2]. - Cumulatively, since its A-share listing, Jinmoly has distributed a total of 10.336 billion yuan in dividends, with 3.549 billion yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders for Jinmoly decreased by 2.94% to 74,500, while the average number of circulating shares per person increased by 3.03% to 43,303 shares [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited as the second-largest shareholder with 88.957 million shares, an increase of 8.2662 million shares from the previous period [3].

Investment Rating - The report maintains a positive outlook on copper, aluminum, and precious metals, indicating a high level of market activity and potential for growth in these sectors [13][16]. Core Insights - Copper prices have surged due to unexpected production cuts, leading to significant supply shortages and rapid price increases [13]. - Aluminum is showing signs of recovery with inventory levels decreasing and downstream processing rates improving, suggesting a potential for sustained high profitability [15]. - Precious metals, particularly gold, are expected to rise further due to market anticipation of continuous interest rate cuts [16]. Summary by Sections Copper - This week, LME copper price increased by 2.09% to $10,205.00 per ton, while Shanghai copper rose by 3.20% to 82,500 yuan per ton [14]. - Supply side: The import copper concentrate processing fee index rose to -$40.36 per ton; national copper inventory decreased by 4,400 tons to 140,100 tons [14]. - Consumption side: Brass rod enterprises' operating rate was 48.49%, showing a slight increase of 0.71 percentage points [14]. Aluminum - This week, LME aluminum price decreased by 1.01% to $2,649.00 per ton, and Shanghai aluminum fell by 0.24% to 20,700 yuan per ton [15]. - Supply side: Electrolytic aluminum ingot inventory in major consumption areas dropped by 21,000 tons to 617,000 tons [15]. - Demand side: Downstream processing enterprises' operating rate increased by 0.8 percentage points to 63.0%, driven by pre-holiday stocking [15]. Precious Metals - This week, COMEX gold price rose by 0.23% to $3,789.80 per ounce, with SPDR gold holdings increasing by 5.15 tons to 1,005.72 tons [16]. - The market is experiencing fluctuations due to U.S. tariffs and escalating geopolitical risks, contributing to a volatile trading environment [16]. Rare Earths - The price of praseodymium and neodymium oxide decreased, while the export volume of magnetic materials saw significant growth [32]. - Domestic rare earth separation enterprises are preparing for production halts, indicating potential supply constraints [32]. Antimony - Antimony ingot price is at 174,900 yuan per ton, showing a decrease of 2.26% [33]. - The demand for antimony is expected to recover as the photovoltaic glass market stabilizes [33]. Molybdenum - Molybdenum concentrate price is 4,450 yuan per ton, with a slight decrease of 0.45% [34]. - The demand for molybdenum is expected to rise as major steel mills resume procurement [34]. Tin - Tin ingot price increased by 1.74% to 273,700 yuan per ton, with inventory decreasing by 6.14% [35]. - The supply-demand dynamics are favorable, supported by strong inventory levels and demand from the semiconductor sector [35].

Group 1 - The event "Best Practice Cases of Internal Control for Listed Companies 2025" was held in Beijing, organized by the China Listed Companies Association, where Jinmoly Group and Baotai Group's subsidiaries won awards for their internal control practices [2][4] - Internal control is a key mechanism for regulating business management activities, preventing risks, enhancing management efficiency, and ensuring the achievement of strategic goals [4] - The recognition of Jinmoly and Baotai demonstrates their outstanding performance in innovation of internal control mechanisms, practical results, and policy responses, highlighting the group's deep exploration and solid accumulation in internal control work [4][6] Group 2 - The group has achieved significant results in risk prevention, operational efficiency, and economic benefits through continuous deepening of internal control construction, providing a solid guarantee for high-quality development [6] - The award will serve as an opportunity for the group to continue adhering to compliance, targeting goals, and exploring new paths and measures for internal control construction, thereby enhancing governance and risk management capabilities [6]

Market Overview - The small metals sector increased by 0.39% on September 22, with Yunnan Zhenye leading the gains [1] - The Shanghai Composite Index closed at 3828.58, up 0.22%, while the Shenzhen Component Index closed at 13157.97, up 0.67% [1] Individual Stock Performance - Yunnan Zhenye (002428) closed at 29.17, up 3.77% with a trading volume of 562,800 shares and a turnover of 1.634 billion yuan [1] - Northern Rare Earth (600111) closed at 48.06, up 2.15% with a trading volume of 1,510,800 shares and a turnover of 7.201 billion yuan [1] - Western Materials (002149) closed at 17.28, up 1.83% with a trading volume of 122,000 shares and a turnover of 211 million yuan [1] - Other notable performances include Jintian Titanium (688750) at 21.43, up 1.28%, and China Rare Earth (000831) at 51.29, up 0.02% [1] Capital Flow Analysis - The small metals sector experienced a net outflow of 611 million yuan from institutional investors and 312 million yuan from speculative funds, while retail investors saw a net inflow of 922 million yuan [2] - Yunnan Zhenye had a net inflow of 113 million yuan from institutional investors, but a net outflow of 106 million yuan from speculative funds [3] - Northern Rare Earth saw a net inflow of 70.871 million yuan from institutional investors, while speculative funds had a net outflow of 196 million yuan [3]

Group 1 - The core viewpoint of the news is that Jinmoly Co., Ltd. experienced a significant stock decline of 5.03% on September 16, with a trading price of 14.91 yuan per share and a total market capitalization of 48.109 billion yuan [1] - Jinmoly Co., Ltd. is primarily engaged in molybdenum mining, production, and sales of molybdenum-related products, with 90.14% of its revenue coming from molybdenum mining and processing [1] - The company was established on May 16, 2007, and went public on April 17, 2008, located in Xi'an, Shaanxi Province [1] Group 2 - Western Lide Fund holds a significant position in Jinmoly Co., Ltd., with its fund, Western Lide CSI 500 Index Enhanced A (502000), owning 1.2% of its net value in shares [2] - The fund has reported a floating loss of approximately 1.5475 million yuan due to the recent stock decline [2] - The fund has a total scale of 1.4 billion yuan and has achieved a year-to-date return of 22.86% [2] Group 3 - The fund manager of Western Lide CSI 500 Index Enhanced A is Sheng Fengyan, who has been in the position for nearly 9 years [3] - During his tenure, the fund has achieved a maximum return of 184.65% and a minimum return of -24.88% [3]

Group 1 - The core viewpoint of the news is that Jinmoly Co., Ltd. experienced a significant stock decline of 5.03% on September 16, with a trading price of 14.91 yuan per share and a total market capitalization of 481.09 billion yuan [1] - Jinmoly Co., Ltd. is primarily engaged in molybdenum mining, production, and sales of molybdenum-related products, with 90.14% of its revenue coming from molybdenum mining and processing, 8.73% from commodity trading, and 1.14% from other sources [1] - The company is located in Xi'an, Shaanxi Province, and was established on May 16, 2007, with its stock listed on April 17, 2008 [1] Group 2 - According to data, Ping An Fund holds a significant position in Jinmoly Co., Ltd. through its fund, Ping An CSI 500 Index Enhanced A, which held 16,600 shares as of the second quarter, accounting for 0.69% of the fund's net value [2] - The fund has experienced a year-to-date return of 19.44% and a one-year return of 47.18%, ranking 2615 out of 4222 and 2240 out of 3804 in its category, respectively [2] - The fund manager, Yu Yao, has been in charge for nearly 3 years and has achieved a best return of 17.93% and a worst return of -20.06% during the tenure [3]