证券代码：603505 证券简称：金石资源 公告编号：2025-049 金石资源集团股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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法律责任。 重要内容提示： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频录播和网络互动 会议召开时间：2025 年 11 月 28 日(星期五) 下午 15:00-16:00 会议召开地点：上海证券交易所上证路演中心（网址： （二） 会议召开地点：上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/） （三） 会议召开方式：上证路演中心视频录播和网络互动 三、 参加人员 投资者可于 2025 年 11 月 21 日(星期五) 至 11 月 27 日(星期四)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司投资者关系邮 箱 webmaster@chinesekings.com 进行提问。公司将在说明会上对投资者普遍关 注的问题进行回答。 金石资 ...

重要内容提示： 每股分配比例 A 股每股现金红利0.07元 相关日期 证券代码：603505 证券简称：金石资源 公告编号：2025-048 金石资源集团股份有限公司 2025年前三季度权益分派实施公告 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。 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/11/27 | － | 2025/11/28 | 2025/11/28 | 差异化分红送转： 是 一、 通过分配方案的股东会届次和日期 本次利润分配方案经金石资源集团股份有限公司（以下简称"公司"）2025 年 6 月 25 日 的2024年年度股东会授权，2025 年 10 月 28 日召开的第五届董事会第七次会议审议通过。 二、 分配方案 1. 发放年度：2025年前三季度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司 ...

Core Insights - The stock price of Jinshi Resources increased by 2.35% on November 20, reaching 20.05 CNY per share, with a total market capitalization of 16.875 billion CNY [1] - The company has seen a year-to-date stock price increase of 18.49%, with a recent decline of 2.24% over the last five trading days [1] Financial Performance - For the period from January to September 2025, Jinshi Resources reported a revenue of 2.758 billion CNY, representing a year-on-year growth of 50.73%, while the net profit attributable to shareholders decreased by 5.88% to 236 million CNY [2] - Cumulative cash dividends since the company's A-share listing amount to 624 million CNY, with 340 million CNY distributed over the past three years [3] Shareholder Information - As of September 30, the number of shareholders for Jinshi Resources reached 27,500, an increase of 35.62% from the previous period, with an average of 30,617 circulating shares per shareholder, up by 3.13% [2]

Core Viewpoint - Jinshi Resources experienced a stock price decline of 2.03% on November 18, with a trading volume of 213 million yuan and a total market capitalization of 16.648 billion yuan [1] Group 1: Stock Performance - The stock price of Jinshi Resources has increased by 16.90% year-to-date, with a 0.25% rise over the last five trading days, an 11.50% increase over the last 20 days, and a 15.00% rise over the last 60 days [1] - As of September 30, the number of shareholders increased by 35.62% to 27,500, with an average of 30,617 circulating shares per person, up by 3.13% [2] Group 2: Financial Performance - For the period from January to September 2025, Jinshi Resources reported a revenue of 2.758 billion yuan, representing a year-on-year growth of 50.73%, while the net profit attributable to shareholders decreased by 5.88% to 236 million yuan [2] - Since its A-share listing, Jinshi Resources has distributed a total of 624 million yuan in dividends, with 340 million yuan distributed over the past three years [2] Group 3: Business Overview - Jinshi Resources, established on May 15, 2001, and listed on May 3, 2017, focuses on the investment and development of fluorite mines, as well as the production and sales of fluorite products [1] - The company's main revenue sources include anhydrous hydrofluoric acid (52.55%), fluorite concentrate (38.03%), and other products (9.42%) [1] - Jinshi Resources is classified under the Shenwan industry as basic chemicals - chemical products - fluorine chemicals, and is associated with concepts such as fluorine chemicals, civil explosives, mid-cap stocks, and scarce resources [1]

Investment Rating - The investment rating for the company is "Accumulate" [5] Core Views - The company has achieved significant revenue and profit growth in Q3 2025, driven by the successful release of production capacity from the Baotou "selection and chemical integration" project [2][4] - The company’s net profit for the first three quarters of 2025 is projected to be 3.09 billion, 4.11 billion, and 5.19 billion for the years 2025, 2026, and 2027 respectively, with a current PE ratio of 55, 54, and 41 times [4] Summary by Sections Financial Performance - In Q3 2025, the company reported revenue of 10.33 billion, a year-on-year increase of 45.2% and a quarter-on-quarter increase of 19.2% [1] - The net profit for Q3 2025 was 1.09 billion, reflecting a year-on-year increase of 32.3% and a quarter-on-quarter increase of 84.7% [1][2] - For the first three quarters of 2025, the company achieved a total revenue of 27.58 billion, up 50.7% year-on-year, while the net profit decreased by 5.9% to 2.36 billion [1] Operational Highlights - The Baotou project produced 620,000 tons of fluorite powder in the first nine months of 2025, a significant increase of 55% year-on-year [2] - The company’s self-owned fluorite mine production increased, with total fluorite products produced reaching approximately 300,000 tons, and sales of about 278,000 tons [2] - The average cost of self-produced fluorite decreased to 1,600 yuan/ton for the first three quarters and further to 1,500 yuan/ton in Q3 [2] Future Outlook - The company plans to produce 100,000 to 120,000 tons of fluorite concentrate in Q4 2025 and aims to produce 180,000 to 200,000 tons of fluorite powder from the Baotou project [3] - The company’s growth strategy is supported by the scarcity of fluorite resources and its ability to integrate the industrial chain, with a clear long-term growth logic [4]

Investment Rating - The investment rating for the chemical raw materials industry is optimistic (maintained) [1] Core Views - The report highlights that the price of R134a has exceeded expectations, indicating a significant value proposition in the refrigerant sector, and suggests that long-term positioning is timely [4] - The fluorochemical index has shown a strong performance, increasing by 7.71% and outperforming major indices such as the Shanghai Composite and CSI 300 [6][25] - The report emphasizes the ongoing upward trend in refrigerant prices, particularly for R134a, R32, and R125, while noting a structural differentiation in the market [22][23] Summary by Sections 1. Fluorochemical Industry Overview - The fluorochemical market is experiencing a positive trend, with R134a prices rising significantly due to concentrated purchasing demand, reaching 60,000 yuan/ton, an increase of 6,000 yuan/ton [9][22] - The overall market sentiment for fluorite is weak, with prices for 97% fluorite powder averaging 3,391 yuan/ton, down 0.96% from the previous week [19][33] 2. Refrigerant Market Trends - As of November 14, refrigerant prices are as follows: R32 at 63,000 yuan/ton, R125 at 45,500 yuan/ton, R134a at 55,000 yuan/ton, and R410a at 53,500 yuan/ton, with R134a showing a weekly increase of 1.85% [21][24] - The report notes that the refrigerant market is characterized by a strong upward trend for R32 and R134a, while R125 remains stable, and other products like R404 and R507 are experiencing downward pressure [22][23] 3. Beneficiary Companies - Recommended stocks include Jinshi Resources, Juhua Co., Sanmei Co., and Haohua Technology, with other beneficiaries being Dongyangguang, Yonghe Co., Dongyue Group, and Xinzhoubang [11][23]

证券代码：603505 证券简称：金石资源 公告编号：2025-047 金石资源集团股份有限公司 关于全资子公司为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：金石资源集团股份有限公司（以下简称"公司"或"本公司"） ● 本次新增担保金额：公司全资子公司浙江大金庄矿业有限公司（以下简称"大金庄矿业"）于近日与招 商银行股份有限公司杭州分行（以下简称"招商银行杭州分行"）签订了《补充协议》及《最高额不可撤 销担保书》，为公司与招商银行杭州分行签订的《授信协议》项下的债务新增提供人民币3,000万元的 连带责任保证。 截至本公告披露日，大金庄矿业已实际为公司提供的担保余额为人民币118,000万元（含本次）。 ● 本次担保是否有反担保：无 ● 对外担保逾期数量：无 2023年8月，大金庄矿业与招商银行杭州分行签订了《最高额不可撤销担保书》（编号： 571XY202303008301）（以下简称"原担保合同"），为公司与招商银行杭州分行签订的《授信协议》 (编号：571XY ...

证券代码：603505 证券简称：金石资源 公告编号：2025-047 金石资源集团股份有限公司 关于全资子公司为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： 公司与招商银行杭州分行另行签订编号为 571XY251020T000299 的《授信协 议》（以下简称"新授信协议"），授信额度为人民币 15,000 万元整。新授信协议 生效后，原授信协议项下续做的具体业务尚有的未清偿余额部分，将自动纳入新 授信协议项下，新授信协议生效之日起，原授信协议不再适用，双方权利义务以 新授信协议约定为准。 被担保人名称：金石资源集团股份有限公司（以下简称"公司"或"本 公司"） 本次新增担保金额：公司全资子公司浙江大金庄矿业有限公司（以下简 称"大金庄矿业"）于近日与招商银行股份有限公司杭州分行（以下简称"招商 银行杭州分行"）签订了《补充协议》及《最高额不可撤销担保书》，为公司与 招商银行杭州分行签订的《授信协议》项下的债务新增提供人民币 3,000 万元的 连带责任保证。 截至本公告披露日，大金 ...

Core Insights - The A-share market has seen a strong performance in lithium mining stocks, with several companies hitting the daily limit up [1] Group 1: Stock Performance - Yahua Group, Guocheng Mining, Yongxing Materials, Rongjie Co., and Dazhong Mining all reached the daily limit up of 10% [1] - Tibet Summit, Zhongmin Resources, and Shengxin Lithium Energy approached the daily limit up, with increases of 9.81%, 9.66%, and 9.50% respectively [1] - Hainan Mining, Yiwei Lithium Energy, Defang Nano, and Tibet Mining saw increases exceeding 7% [1] Group 2: Market Capitalization and Year-to-Date Performance - Yahua Group has a market capitalization of 25.4 billion and a year-to-date increase of 89.38% [2] - Guocheng Mining has a market capitalization of 27.4 billion and a year-to-date increase of 105.13% [2] - Yongxing Materials has a market capitalization of 29.1 billion and a year-to-date increase of 46.49% [2] - Rongjie Co. has a market capitalization of 13.7 billion and a year-to-date increase of 66.76% [2] - Dazhong Mining has a market capitalization of 38.5 billion and a year-to-date increase of 200.94% [2]

Group 1 - The core viewpoint of the news is that Jinshi Resources has seen a stock price increase of 5.01%, reaching 20.77 CNY per share, with a trading volume of 305 million CNY and a turnover rate of 1.78%, resulting in a total market capitalization of 17.481 billion CNY [1] - Jinshi Resources Group Co., Ltd. is located at 8 Qiushi Road, Hangzhou, Zhejiang Province, and was established on May 15, 2001, with its listing date on May 3, 2017 [1] - The company's main business focuses on the investment and development of fluorite mines, as well as the production and sales of fluorite products, with revenue composition being: anhydrous hydrofluoric acid 52.55%, fluorite concentrate 38.03%, and others 9.42% [1] Group 2 - From the perspective of fund holdings, Huatai Baoxing Fund has a significant position in Jinshi Resources, with the Huatai Baoxing Value Growth A fund (012132) holding 150,000 shares, accounting for 3.41% of the fund's net value, making it the second-largest holding [2] - The Huatai Baoxing Value Growth A fund was established on November 10, 2021, with a latest scale of 79.6816 million CNY, and has achieved a year-to-date return of 9.6%, ranking 6033 out of 8145 in its category [2] - The fund manager, Shang Shuo-hui, has a cumulative tenure of 8 years and 237 days, with the total asset scale of 1.006 billion CNY, achieving the best fund return of 136.86% and the worst return of -38.16% during his tenure [2]