Market Overview - The steel raw materials sector experienced a significant decline of 7.96% on November 21, with Fangda Carbon leading the drop [1] - The Shanghai Composite Index closed at 3834.89, down 2.45%, while the Shenzhen Component Index closed at 12538.07, down 3.41% [1] Individual Stock Performance - Key stocks in the steel raw materials sector showed notable declines, with the following closing prices and percentage changes: - Hebei Resources: 17.13, -3.76% - Ordos: 11.10, -3.81% - Guangdong Mingzhu: 6.63, -4.47% - Steel Titanium: 3.01, -6.23% - Jinling Mining: 9.00, -8.54% - Baodi Mining: 6.99, -9.92% - Hainan Mining: 11.91, -9.98% - Dazhong Mining: 31.11, -10.01% - Fangda Carbon: 46.10, -10.03% [1] Capital Flow Analysis - The steel raw materials sector saw a net outflow of 591 million yuan from main funds, while retail investors contributed a net inflow of 558 million yuan [1] - The following table summarizes the capital flow for individual stocks: - Jinling Mining: Main funds net inflow of 416,000 yuan, retail net outflow of 242,640 yuan - Guangdong Mingzhu: Main funds net outflow of 4,430,600 yuan, retail net inflow of 17,561,700 yuan - Hebei Resources: Main funds net outflow of 9,426,400 yuan, retail net inflow of 11,678,400 yuan - Ordos: Main funds net outflow of 30,070,200 yuan, retail net inflow of 27,567,700 yuan - Baodi Mining: Main funds net outflow of 37,535,600 yuan, retail net inflow of 20,393,200 yuan - Steel Titanium: Main funds net outflow of 67,758,500 yuan, retail net inflow of 89,443,000 yuan - Dazhong Mining: Main funds net outflow of 67,807,300 yuan, retail net inflow of 45,444,800 yuan - Hainan Mining: Main funds net outflow of 87,271,300 yuan, retail net inflow of 87,836,100 yuan - Fangda Carbon: Main funds net outflow of 28,700,000 yuan, retail net inflow of 26,100,000 yuan [2]

海南矿业公告称，2025年3月12日股东大会通过回购议案，拟以7500万元至1.5亿元回购股份，回购期限 12个月。因权益分派，回购价格上限调整至14.26元/股。11月，公司以集中竞价交易方式累计回购 283,500股，占总股本0.014%，支付292.88万元。截至公告披露日，累计回购346,600股，占总股本 0.017%，已支付342.96万元，回购价格7.91元/股至11.91元/股。 ...

海南矿业股份有限公司 海南矿业股份有限公司 Hainan Mining Co.,Ltd. 2025 年第五次临时股东会 会议资料 2025 年 11 月 28 日 1 | 议案四：关于选举第六届董事会独立董事的议案 16 | | --- | 海南矿业股份有限公司 会 议 议 程 会议时间： 1、现场会议召开时间：2025 年 11 月 28 日 14 点 30 分 2、网络投票时间：2025 年 11 月 28 日，采用上海证券交易所网络 投票系统，通过交易系统投票平台的投票时间为股东会召开当日的 交易时间段，即 9:15-9:25，9:30-11:30,13:00-15:00；通过互 联网投票平台的投票时间为股东会召开当日的 9:15-15:00。 现场会议地点：海南省澄迈县老城镇高新技术产业示范区海南生态软件园沃克公 园 8801 栋会议室 会议召开方式：采取现场投票与网络投票相结合 参加股东会的方式：公司股东应选择现场投票或网络投票中的一种方式 股权登记日：2025 年 11 月 21 日 主 持 人：董事长刘明东先生 会议安排： 1、关于调整 2024 年限制性股票激励计划中公司层面业绩考核指标并修订 ...

格隆汇11月21日｜海南矿业(601969.SH)触及跌停，日前曾走出2连板，午间收报11.93元，总市值238亿 元。消息上，海南矿业发布股份减持公告，股东海南海钢集团有限公司拟减持公司股份不超过1500万 股，减持比例不超过公司总股本的0.75%。此外据悉，该公司近三年累计发布减持计划公告2次。需要 注意的是，公告中披露拟减持股份数量不代表最终实际减持股份数。 ...

Core Viewpoint - Hainan Mining's stock rose by 5.08% on November 20, with a trading volume of 1.342 billion yuan, indicating strong market interest and activity in the company's shares [1]. Financing Summary - On November 20, Hainan Mining had a financing buy-in amount of 146 million yuan and a financing repayment of 142 million yuan, resulting in a net financing buy of 3.9757 million yuan. The total financing and securities balance reached 431 million yuan [1]. - The current financing balance of 428 million yuan accounts for 1.63% of the circulating market value, which is above the 90th percentile level over the past year, indicating a high level of financing activity [1]. - In terms of securities lending, Hainan Mining repaid 1,600 shares and sold 7,000 shares on November 20, with a selling amount of 92,600 yuan. The remaining securities lending volume is 243,200 shares, with a balance of 3.2173 million yuan, also above the 90th percentile level over the past year [1]. Business Performance - As of September 30, Hainan Mining reported a total of 50,600 shareholders, an increase of 8.38% from the previous period. The average circulating shares per person decreased by 7.74% to 39,072 shares [2]. - For the period from January to September 2025, Hainan Mining achieved an operating income of 3.36 billion yuan, representing a year-on-year growth of 5.93%. However, the net profit attributable to shareholders decreased by 42.84% to 312 million yuan [2]. Dividend and Shareholding Structure - Since its A-share listing, Hainan Mining has distributed a total of 999.3 million yuan in dividends, with 657 million yuan distributed over the past three years [3]. - As of September 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited as the fourth largest shareholder with 12.7031 million shares, an increase of 2.1073 million shares from the previous period. The Guotai CSI Steel ETF is a new entrant as the fifth largest shareholder with 6.0624 million shares [3].

Core Insights - On November 20, several companies disclosed their share repurchase and reduction plans, indicating varying levels of confidence in their stock performance [1] Group 1: Share Repurchase Plans - Eddie Precision plans to repurchase A-shares worth between 100 million to 200 million yuan [2] - Aviation Materials plans to repurchase shares worth between 50 million to 100 million yuan [2] - Changshu Bank's executives plan to increase their holdings by no less than 550,000 shares [2] Group 2: Share Reduction Plans - New Hongze's major shareholder reduced their holdings during a period of abnormal stock fluctuations [2] - General Electric's Singapore company plans to reduce its holdings by no more than 3% in China Xidian [2] - Senior management of Lifespring Pharmaceutical plans to reduce their holdings by no more than 0.0044% [2] - Shareholder Zhoushan Ruihao of Wan Feng plans to reduce holdings by no more than 1.75% [2] - Shareholders of Dongxin plan to collectively reduce holdings by no more than 0.71% [2] - Haigang Group, a shareholder of Hainan Mining, plans to reduce holdings by no more than 0.75% [2] - Actual controller Zhang Guifeng of Fulongma reduced 3.7812 million shares from November 19 to November 20 [2] - Shareholder Dongguan Kechuang Investment Group of Shengyi Electronics plans to reduce holdings by no more than 1% [2] - Shareholder Qinyi Partnership of Yayi Technology plans to reduce holdings by no more than 0.25% [2] - Controlling shareholder Yuansi Industrial of New City plans to reduce holdings by no more than 3% [2] - Controlling shareholder of Kaishan plans to reduce holdings by no more than 1% [2] - The largest shareholder of Tuo Jing Technology, the National Fund, plans to reduce holdings by no more than 3% [2] - Controlling shareholder Li Zheng of Wajinjiao plans to reduce holdings by no more than 3% [2] - Shareholder Shanxi Huaxin Hai of Baose plans to reduce holdings by no more than 1% [2] - Shareholders of Huaya Intelligent plan to collectively reduce holdings by 399.21 million shares, accounting for 2.98% of total share capital [2] - Directors and executives of Changxin Bochuang plan to collectively reduce holdings by no more than 0.05% [2] - Shareholders of Longxun plan to collectively reduce holdings by no more than 2.63% [2] - Some directors and executives of Fulede plan to collectively reduce holdings by no more than 0.0104% [2]

证券日报网讯 11月20日晚间，海南矿业发布公告称，截至本公告披露日，海南海钢集团有限公司（以 下简称"海钢集团"）持有海南矿业股份有限公司（以下简称"公司"）股份497，119，679股，占公司总 股本的24.88%。因自身发展资金需求，海钢集团拟于本公告披露之日起满15个交易日后的3个月内，通 过集中竞价交易方式减持公司股份不超过15，000，000股，即不超过公司总股本的0.75%。 （文章来源：证券日报） ...

海南矿业（601969）(601969.SH)公告，公司股东海钢集团拟通过集中竞价交易方式减持公司股份不超 过1500万股，即不超过公司总股本的0.75%。 ...

智通财经APP讯，海南矿业(601969.SH)公告，公司股东海钢集团拟通过集中竞价交易方式减持公司股 份不超过1500万股，即不超过公司总股本的0.75%。 ...

格隆汇11月20日丨海南矿业(601969.SH)公布，因自身发展资金需求，海钢集团拟于本公告披露之日起 满15个交易日后的3个月内，通过集中竞价交易方式减持公司股份不超过1500万股，即不超过公司总股 本的0.75%。 ...