Core Viewpoint - The company, Jinyu Group, announced that its A-share stock experienced a cumulative price drop of over 20% during three consecutive trading days in January 2026, which is classified as abnormal stock trading fluctuation according to the Shanghai Stock Exchange regulations [1] Group 1 - The company confirmed through self-inspection and verification with its controlling shareholder that there are no undisclosed significant matters or important information as of the announcement date [1] - The company noted that media outlets have included it in the "commercial aerospace" and "controlled nuclear fusion" concepts, but its related business accounts for a very small proportion and has been disclosed [1] - Aside from previously disclosed matters, the company did not find any other media reports or market rumors that could significantly impact its stock trading price [1]

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，概不會就本公告全部或任何部分內容而產生或 因依賴該等內容而引致的任何損失承擔任何責任。 北 京 金 隅 集 團 股 份 有 限 公 司 BBMG Corporation* （於中華人民共和國註冊成立的股份有限公司） （股份代號：2009） 海外監管公告 本公告乃北京金隅集團股份有限公司（「本公司」)按香港聯合交易所有限公司證券上市規則 第13.10B條發出。 茲 載列本 公司於二 零二六 年一月 十九日在 中華人 民共和 國 上海證 券交易 所網站 (http://www.sse.com.cn)刊登關於A股股票交易異常波動的公告，僅供參閱。 承董事會命 北京金隅集團股份有限公司 主席 姜英武 证券代码：601992 证券简称：金隅集团 编号：2026－004 北京金隅集团股份有限公司 关于 A 股股票交易异常波动的公告 本公司董事会及全体董事保证本公告内容不存在虚假记载、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： 中國北京，二零二六年一 ...

Core Viewpoint - The company, Jinju Group (601992.SH), has noted that it has been included in media discussions regarding "commercial aerospace" and "controlled nuclear fusion" concepts, but its related business segments are minimal and have been disclosed externally [1] Group 1 - The company has acknowledged media reports linking it to emerging sectors such as commercial aerospace and controlled nuclear fusion [1] - The company's involvement in these sectors is minimal, indicating limited exposure to these high-growth areas [1] - The company has already disclosed relevant information regarding its business segments to the public [1]

证券代码：601992 证券简称：金隅集团 编号：2026－004 北京金隅集团股份有限公司 关于 A 股股票交易异常波动的公告 本公司董事会及全体董事保证本公告内容不存在虚假记载、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： 北京金隅集团股份有限公司（以下简称"金隅集团""公司""本 公司"）A股股票于2026年1月15日、2026年1月16日、2026年1月19日连 续三个交易日收盘价格跌幅偏离值累计超过20%，根据《上海证券交易 所交易规则》有关规定，属于股票交易异常波动的情形。 经公司自查并向公司控股股东发函查证，截至本公告披露日，确 认不存在应披露而未披露的重大事项或重要信息。 近期公司股价波动幅度较大，敬请广大投资者注意二级市场交易 风险，理性决策、审慎投资。 一、股票交易异常波动的具体情况 公司A股股票于2026年1月15日、2026年1月16日、2026年1月19日连 续三个交易日收盘价格跌幅偏离值累计超过20%，根据《上海证券交易 所交易规则》的有关规定，属于股票交易异常波动的情形。 （二）重大事项情况 经公司自查，并向公司控股股东北京国有 ...

Group 1 - Beijing Jinyu Group Co., Ltd. announced that its A-share stock experienced a cumulative price drop of over 20% across three consecutive trading days on January 15, 16, and 19, 2026, indicating abnormal trading fluctuations as per Shanghai Stock Exchange regulations [1] - The company expects a significant net loss for the fiscal year 2025, with preliminary estimates indicating a net profit attributable to shareholders of between -900 million and -1.2 billion yuan [1] - The anticipated net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be between -3.45 billion and -3.75 billion yuan for the fiscal year 2025 [1]

Core Viewpoint - The company announced that its A-shares experienced an abnormal fluctuation, with a cumulative closing price drop exceeding 20% over three consecutive trading days in 2026, but confirmed that there are no undisclosed significant matters [1] Group 1: Financial Performance - The company is currently operating normally but anticipates a loss for the fiscal year 2025, with a projected net profit attributable to shareholders ranging from -900 million to -1.2 billion [1] - The expected non-recurring net profit is projected to be between -3.45 billion and -3.75 billion [1] Group 2: Business Operations - The company noted its inclusion in concepts such as "commercial aerospace," although these related businesses represent a very small proportion of its overall operations [1] - During the period of abnormal stock price fluctuation, the controlling shareholder did not engage in any buying or selling of the company's stock [1]

Market Overview - On January 16, the A-share market opened high but closed lower, with the Shanghai Composite Index down 0.26% at 4101.91 points, and both the Shenzhen Component and ChiNext Index down 0.18% and 0.20% respectively. The total trading volume exceeded 2 trillion yuan for the 14th consecutive trading day, reaching 3.03 trillion yuan [1]. Sector Performance - The market focus was on the semiconductor industry chain, particularly in storage chips and silicon carbide, as well as power grid equipment and humanoid robots. The low-altitude economy concept saw a recovery in the afternoon, while AI applications and sectors like media and pharmaceuticals experienced significant adjustments [1]. - A total of 2371 stocks rose while 2973 fell, with 47 stocks hitting the daily limit up and 50 hitting the limit down, indicating a low short-term sentiment and a less than 30% success rate for consecutive limit-up stocks [1]. Fund Flow - Main funds saw a net inflow of over 22.2 billion yuan into the electronics sector, with significant investments in semiconductors and machinery equipment, while there was a large outflow from the computer and media sectors, amounting to 18.56 billion yuan and 10.64 billion yuan respectively [1]. - Northbound funds recorded a net purchase of about 5 billion yuan, focusing on technology consumer stocks like Luxshare Precision and Sanhua Intelligent Control [1]. Market Sentiment - The market maintained high trading volume but with slowing incremental growth. The surge in wide-based ETFs indicated a risk-averse tendency, as funds sought a balance between policy catalysts and performance certainty in sectors like consumer electronics and innovative pharmaceuticals [1]. - The overall market saw a 40% limit-down rate, with the number of stocks hitting the limit down (50) exceeding those hitting the limit up (47), reflecting increased fund divergence and a decline in risk appetite [1]. First Limit Down Stocks - Haiwang Bio (000078) faced a limit down due to high valuation and fund withdrawal, closing at 3.74 yuan with a drop of 10.10%, and showing a significant deviation of 86.04% from its intrinsic value [2][3]. - Sanwei Communication (002115) also hit a limit down as high valuation pressures emerged, closing at 17.59 yuan with a drop of 9.98%, and a deviation of 67.83% from its intrinsic value [4][5]. - Hezhu Intelligent (603011) experienced a limit down due to overall sector adjustments, closing at 28.81 yuan with a drop of 9.99%, and a deviation of 60.08% from its intrinsic value [6][7]. Continuous Limit Down Stocks - Jinyu Group (601992) saw a continuous limit down, closing at 1.9 yuan with a drop of 9.95%, and is currently undervalued by 80.69% compared to its intrinsic value, indicating potential for valuation recovery [9][10]. - Hangxiao Steel Structure (600477) also faced a continuous limit down, closing at 3.61 yuan with a drop of 9.98%, and is undervalued by 51.59% compared to its intrinsic value, suggesting a potential investment opportunity [11][12]. - Zhejiang Wenlian (600986) experienced a continuous limit down, closing at 10.04 yuan with a drop of 9.96%, and is undervalued by 36.81% compared to its intrinsic value, indicating potential for valuation recovery as market sentiment stabilizes [13][14]. Investment Strategy - The market is showing a tendency to avoid significantly overvalued stocks, focusing instead on undervalued stocks with fundamental support. Investors are advised to avoid first limit down stocks like Haiwang Bio and Sanwei Communication, while considering opportunities in continuously limit down stocks like Jinyu Group and Hangxiao Steel Structure [15][16].

Group 1 - The cement sector experienced a decline of 0.92% on January 16, with Jinyu Group leading the drop [1] - The Shanghai Composite Index closed at 4101.91, down 0.26%, while the Shenzhen Component Index closed at 14281.08, down 0.18% [1] - Key stocks in the cement sector showed varied performance, with Xizang Tianlu rising by 3.02% to a closing price of 11.25, while Jinyu Group fell by 9.95% to 1.90 [1][2] Group 2 - The cement sector saw a net inflow of 126 million yuan from institutional investors, while retail investors experienced a net outflow of 161 million yuan [2] - The trading volume for Xizang Tianlu was 1.2037 million hands, with a transaction value of 1.37 billion yuan, indicating strong interest despite the overall sector decline [1][2] - The main capital inflow was concentrated in stocks like Xizang Tianlu and Guotong Shares, with net inflows of 207 million yuan and 16.56 million yuan respectively [3]

Group 1 - The cement sector experienced a decline of 0.42% on January 15, with Jinju Group leading the drop [1] - The Shanghai Composite Index closed at 4112.6, down 0.33%, while the Shenzhen Component Index closed at 14306.73, up 0.41% [1] - Key stocks in the cement sector showed varied performance, with Metal Grass East rising by 4.59% and Jinju Group declining significantly [1] Group 2 - The cement sector saw a net outflow of 300 million yuan from major funds, while retail investors contributed a net inflow of 245 million yuan [2] - Major funds showed a net inflow in stocks like Conch Cement, while other stocks like Jinju Group and Huaxin Cement experienced net outflows [3] - The trading volume and turnover for various cement stocks varied, with Conch Cement having a turnover of 583 million yuan [1][2]

Group 1 - The core point of the article highlights that Beijing Jinyu Group's trading volume reached 1.666 billion yuan, marking the highest level since January 5, 2018 [2] - The latest stock price of Beijing Jinyu Group decreased by 9.83%, with a turnover rate of 9.07% [2] - The previous trading day's total transaction volume for the stock was 1.665 billion yuan [2] Group 2 - Beijing Jinyu Group Co., Ltd. was established on December 22, 2005, with a registered capital of 10,677.77134 million yuan [2]