Core Viewpoint - Jinmoly Co., Ltd. (stock code: 601958) reported a revenue of 6.959 billion yuan in the first half of 2025, representing a year-on-year growth of 5.55%. However, the net profit decreased by 8.45% to 1.38 billion yuan [1]. Financial Performance - The company achieved an operating income of 6.959 billion yuan, which is a 5.55% increase compared to the previous year [1]. - The net profit for the period was 1.38 billion yuan, reflecting a decline of 8.45% year-on-year [1]. - The basic earnings per share also saw a year-on-year decrease due to the decline in net profit attributable to shareholders [1]. Strategic Developments - During the reporting period, the company focused on its development strategy by increasing the reserve of raw materials for high value-added products [1]. - The sales volume in the processing segment experienced a slight decline, which contributed to the overall decrease in total profit and net profit attributable to shareholders [1].

Investment Rating - The report indicates a positive outlook for the copper and aluminum industries, with copper showing a stable upward trend and aluminum stabilizing at the bottom [14][15][16]. Core Insights - The copper market is experiencing a slight price decline, with LME copper down 1.92% to $9,663.00 per ton, while domestic copper inventory has increased slightly [15]. - The aluminum market shows a minor price increase, with LME aluminum up 0.17% to $2,602.00 per ton, and a decrease in domestic electrolytic aluminum ingot inventory [16]. - Gold prices have increased by 0.71% to $3,370.30 per ounce, driven by geopolitical tensions and increased demand for safe-haven assets [17]. - The rare earth sector is expected to see price increases due to tightening supply and rising demand, with strategic government actions enhancing the sector's outlook [39]. - The antimony market is stabilizing, with expectations of price recovery supported by reduced domestic production and increased demand from new regulations [40]. - Molybdenum prices are rising, supported by low inventory levels and strong demand from the steel industry [41]. - Lithium prices have shown a mixed trend, with carbonate prices increasing while hydroxide prices have slightly decreased [44]. Summary by Sections 1. Overview of Bulk and Precious Metals Market - Copper shows a robust upward trend, while aluminum is stabilizing at lower levels. Precious metals are accelerating due to fiscal expansion policies [14]. 2. Bulk and Precious Metals Fundamentals Update 2.1 Copper - LME copper price decreased by 1.92% to $9,663.00 per ton, with slight increases in domestic inventory and production rates expected to rise [15]. 2.2 Aluminum - LME aluminum price increased by 0.17% to $2,602.00 per ton, with a decrease in domestic inventory [16]. 2.3 Precious Metals - Gold prices increased by 0.71% to $3,370.30 per ounce, influenced by geopolitical tensions [17]. 3. Overview of Minor Metals and Rare Earths Market - The rare earth sector is expected to benefit from supply constraints and increasing demand, with government actions enhancing market conditions [39]. 4. Minor Metals and Rare Earths Fundamentals Update 4.1 Rare Earths - Prices for rare earth elements are expected to rise due to tightening supply and strategic government actions [39]. 4.2 Antimony - Antimony prices are stabilizing, with expectations of recovery supported by reduced production and new regulations [40]. 4.3 Molybdenum - Molybdenum prices are increasing due to low inventory levels and strong demand from the steel industry [41]. 4.4 Lithium - Lithium carbonate prices increased by 2.43% to 63,200 CNY per ton, while hydroxide prices decreased slightly [44].

股票代码：601958 股票简称：金钼股份 公告编号： 2025-017 金堆城钼业股份有限公司 第五届董事会第二十二次会议决议公告 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。 表决结果：同意 11 票，反对 0 票，弃权 0 票。 三、审议通过《关于为金堆城钼业光明（山东）股份有限公司提供委 托贷款的议案》。 金堆城钼业股份有限公司（以下简称公司）第五届董事会第二十二次 会议通知和材料于 2025 年 6 月 24 日以电子邮件的形式送达全体董事，会 议于 2025 年 6 月 27 日以通讯方式召开。应参会董事 11 人，实际参会董 事 11 人。本次会议的召开符合《公司法》和《公司章程》的规定，合法 有效。与会董事审议提交本次会议的 3 项议案并逐项进行表决，形成会议 决议如下： 一、审议通过《关于增补公司第五届董事会审计委员会委员的议案》。 同意增补董事李少博为公司第五届董事会审计委员会委员。 表决结果：同意 11 票，反对 0 票，弃权 0 票。 二、审议通过《关于为金堆城钼业汝阳有限责任公司提供委托贷款的 ...

股票代码：601958 股票简称：金钼股份 公告编号： 2025-018 金堆城钼业股份有限公司 关于向控股子公司提供财务资助的公告 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： 金堆城钼业股份有限公司（以下简称公司）拟向合并报表范围内的 控股子公司提供财务资助，其中： 1.通过银行向金堆城钼业汝阳有限公司（以下简称金钼汝阳）提供 20,000 万元人民币委托贷款； 2.通过银行向金堆城钼业光明（山东）股份有限公司（以下简称金钼 光明）提供 2,000 万元人民币委托贷款。 借款期限均为一年，贷款利率按照中国人民银行公布的一年期贷款 市场报价利率（LPR）上浮 5%确定，按季调整。 公司于 2025 年 6 月 27 日召开第五届董事会第二十二次会议，审议 通过了《关于为金钼汝阳提供委托贷款的议案》《关于为金钼光明提供委 托贷款的议案》。 本次提供财务资助的对象为合并报表范围内的控股子公司，本次财 务资助不会影响公司的持续经营能力，不存在损害公司及全体股东利益的 情形。 一、财务资助概述 根据其日常生产 ...

Meeting Overview - The annual general meeting of shareholders was held on June 24, 2025, at the company's headquarters in Xi'an [2] - The meeting was convened by the board of directors and chaired by the chairman, Yan Ping, using a combination of on-site and online voting methods [2] Attendance - Out of 9 current directors, 8 attended the meeting, with one director absent due to work commitments [3] - Out of 3 current supervisors, 2 attended, with one supervisor absent for the same reason [3] - The board secretary and other senior executives were present, while the deputy general manager was absent due to work commitments [3] Resolutions Passed - The following non-cumulative voting resolutions were approved: - 2024 Annual Board Work Report [4] - 2024 Annual Supervisory Board Work Report [4] - 2024 Annual Report and its Summary [5] - 2024 Financial Settlement and 2025 Financial Budget Report [5] - 2024 Profit Distribution Plan [5] - 2025 Daily Related Transactions Plan [5] - 2025 Investment Plan for Technological Transformation, Safety, Environmental Protection, Digitalization, and Equipment Updates [5] - Appointment of the auditing firm for 2025 [5] - Amendment of the Articles of Association to abolish the Supervisory Board [5] Voting Procedures - The voting process complied with the Company Law and the Articles of Association, ensuring legality and validity [2][7] - The controlling shareholder, Jinduicheng Molybdenum Group Co., Ltd., abstained from voting on the related transaction proposal due to legal requirements [6] Legal Verification - The meeting was witnessed by Beijing Guantao (Xi'an) Law Firm, confirming that the meeting's procedures and voting results were lawful and valid [7] Documentation - The resolutions from the annual general meeting and the legal opinion from the law firm are available for review [8][9]

General Provisions - The company aims to protect the legal rights of shareholders, employees, and creditors, and to regulate its organization and behavior according to relevant laws and regulations [1][2] - The company was established by several founding entities and registered in May 2007, with its shares first issued to the public in March 2008 [2][3] Company Structure - The company is a joint-stock limited company with a registered capital of RMB 3,226,604,400 [2][3] - The chairman serves as the legal representative of the company, and the company is responsible for civil activities conducted in its name [3][4] Business Objectives and Scope - The company's business strategy focuses on vertical integration in the molybdenum industry and diversification in related fields, adhering to principles of innovation, collaboration, and sustainable development [4][5] - The company engages in various activities including non-ferrous metal casting, smelting, and manufacturing, as well as technology services and investment activities [5][6] Share Issuance and Management - The company issues shares in the form of stocks, ensuring equal rights for all shares of the same category [7][8] - The total number of shares issued by the company is 3,226,604,400, all of which are ordinary shares [7][8] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, voting, and supervision of company operations, and must adhere to legal and regulatory obligations [11][12] - Shareholders holding more than 5% of shares must report any pledges of their shares to the company [16][17] Shareholder Meetings - The company holds annual and temporary shareholder meetings, with specific procedures for calling and conducting these meetings [51][52] - Shareholder proposals must be submitted in advance, and the company must provide adequate notice of meetings [61][62] Voting and Decision-Making - Shareholder meetings require a quorum and must follow established voting procedures to ensure valid resolutions [67][68] - Meeting records must be maintained accurately, documenting all proceedings and decisions made during the meetings [80][81]

Meeting Overview - The shareholders' meeting of Jinduicheng Molybdenum Industry Co., Ltd. was held on June 24, 2025, at the company's headquarters in Xi'an [1] - The total number of voting shares represented at the meeting was 74.8256% [1] Voting Results - All non-cumulative voting proposals were approved with a high percentage of agreement, including: - Proposal 1: 99.9394% in favor [1] - Proposal 2: 99.9397% in favor [1] - Proposal 3: 99.9568% in favor [1] - Proposal 4: 99.9035% in favor [1] - Proposal 5: 99.9211% in favor [1] Legal Compliance - The meeting was convened and conducted in accordance with relevant laws, regulations, and the company's articles of association, ensuring the legality and validity of the proceedings [3]

金堆城钼业股份有限公司 章 程 2007 年第三次临时股东大会审议通过，第一届董事会第六次会议第一次修订， 2008 年度股东大会第二次修订，2009 年第一次临时股东大会第三次修订，2009 年度 股东大会第四次修订，2012 年第一次临时股东大会第五次修订，2013 年度股东大会第 六次修订，2018 年第二次临时股东大会第七次修订，2018 年第四次临时股东大会第八 次修订，2020 年年度股东大会第九次修订，2021 年年度股东大会第十次修订，2024 年第一次临时股东大会第十一次修订，2024 年年度股东大会第十二次修订。 第一章 总则 第一条 为维护金堆城钼业股份有限公司(以下简称公司)、 股东、职工和债权人的合法权益，规范公司的组织和行为，根据 《中华人民共和国公司法》(以下简称《公司法》)、《中华人民 共和国证券法》（以下简称《证券法》）、《上市公司章程指引》 和其他有关规定，制定本章程。 第二条 公司系依照《公司法》和其他有关规定成立的股份 有限公司。 公司由金堆城钼业集团有限公司（以下简称金钼集团）、太原 钢铁（集团）有限公司（以下简称太钢集团）、宁夏东方有色金属 集团有限公司（现已更名为 ...

证券代码：601958 证券简称：金钼股份 公告编号：2025-016 金堆城钼业股份有限公司 2024年年度股东大会决议公告 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法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、会议召开和出席情况 (一)股东大会召开的时间：2025 年 6 月 24 日 (二)股东大会召开的地点：西安市高新技术产业开发区锦业一路 88 号金钼股 份综合楼 A 座 9 楼视频会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 456 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 2,414,325,852 | | 3、出席会议的股东所持有表决权股份数占公司有表 | | | 决权股份总数的比例（%） | 74.8256 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议由公司董事会召集，董事长严平主持，以现场投票和网络投票相结 合的表决方式召开。会议的召集、召开 ...

陕西省西安市雁塔区团结南路35号 高新新天地广场3号楼35层3501-08 35/F. Building 3. Gaoxin Xintiandi Square 35 Tuanjie South Road, Yanta District, Xi'an 北京观稻(西安)律师事务所 关于金堆城钼业股份有限公司 2024年年度股东大会的法律意见书 观意字 2025XA000213 号 致:金堆城钼业股份有限公司 北京观韬(西安)律师事务所（以下简称"本所"）受金堆城铂业股份有限 公司(以下简称"公司")之委托,指派律师出席 2025年6月24日召开的公司 2024年年度股东大会(以下简称"本次股东大会"),并根据《中华人民共和 国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简 称"《证券法》")等相关法律、行政法规、《上市公司股东会规则》(2025 修 订)(以下简称"《规则》"）以及公司现行有效的《公司章程》的有关规定, 就本次股东大会相关事项出具本法律意见书。 为出具本法律意见书,本所律师查询了公司在信息披露媒体上刊登的相关公 告,核查了公司提供的有关本次股东大会的文件,听取了公司就有关事实 ...