索通发展12月16日早间公告，公司与阿联酋环球铝业公司（EGA）签署了《合资协议》，共同出资在 阿联酋设立合资公司，在阿联酋建设300kt/a预焙阳极项目（一期），暂估项目总投资不超过2.95亿美元 （折合人民币约为20.84亿元）。公司通过新设子公司向合资公司投资约1.6225亿美元（折合人民币约为 11.46亿元，其中资本金约占40%），持有合资公司55%的股权；EGA或其控制的主体向合资公司投资约 1.3275亿美元（其中资本金约占40%），持有合资公司45%的股权。合资公司设立董事会，董事会由5名 董事组成，其中索通发展有权任命3名董事，EGA有权任命2名董事；索通发展有权任命、替换或罢免 董事会主席。 ...

格隆汇12月16日｜索通发展公告，公司与阿联酋环球铝业公司(EGA)签署了《合资协议》，共同出资在 阿联酋设立合资公司，在阿联酋建设300kt/a预焙阳极项目(一期)，暂估项目总投资不超过2.95亿美元(折 合人民币约为20.84亿元)，具体以实际投资情况为准。索通发展股份有限公司投资金额约为1.62亿美元 (折合人民币约为11.46亿元，其中资本金约占40%)，持有合资公司55%的股权；阿联酋环球铝业公司投 资金额约为1.33亿美元(其中资本金约占40%)，持有合资公司45%的股权。 ...

Core Viewpoint - The company has signed a joint venture agreement with Emirates Global Aluminium (EGA) to establish a joint venture in the UAE for a 300kt/a prebaked anode project, with a total estimated investment of up to $295 million [1] Investment Details - The total estimated investment for the project is not to exceed $295 million, approximately 2.08 billion RMB, subject to actual investment conditions [1] - The company will invest approximately $162 million, around 1.15 billion RMB, holding 55% of the joint venture [1] - EGA will invest approximately $133 million, with a 45% stake in the joint venture [1]

Investment Rating - The report maintains a "Buy" rating for several companies in the non-ferrous metals sector, including Shandong Gold, Zijin Mining, and others [3][6]. Core Views - The report highlights that the Federal Reserve's interest rate cut and balance sheet expansion are favorable for precious metals, with expectations of further rate cuts in 2026 [1][35]. - For industrial metals, the report notes that copper inventories are increasing in the U.S., while non-U.S. regions face supply tightness, which could lead to a short squeeze [2]. - The aluminum market is supported by positive macroeconomic policies and low inventory levels, leading to a strong price floor [2]. - Nickel prices are expected to remain low due to seasonal demand weakness [2]. - Lithium prices are experiencing fluctuations due to supply disruptions, while cobalt supply is set to increase with the resumption of exports from the Democratic Republic of Congo [2]. Summary by Sections Precious Metals - The Federal Reserve's recent actions are expected to boost liquidity and support precious metal prices [1][35]. - The market anticipates two rate cuts in 2026, which could influence precious metal investments positively [1][35]. Industrial Metals - **Copper**: U.S. copper inventories are rising, while low inventories in non-U.S. regions raise concerns about supply [2]. - **Aluminum**: The aluminum market is experiencing a strong price support due to positive economic data and low inventory levels [2]. - **Nickel**: Nickel prices are projected to remain low as demand enters a seasonal downturn [2]. Energy Metals - **Lithium**: Prices are fluctuating due to supply disruptions, with recent increases in lithium carbonate prices [2]. - **Cobalt**: The resumption of cobalt exports from the Democratic Republic of Congo is expected to stabilize supply and maintain high price levels [2]. Key Companies to Watch - The report suggests monitoring companies such as Shandong Gold, Zijin Mining, and others for potential investment opportunities [1][2][6].

（文章来源：证券日报） 证券日报网讯 12月9日晚间，索通发展发布公告称，截至2025年12月8日，股东宁波宁聚资产管理中心 （有限合伙）－宁聚映山红3号私募证券投资基金通过集中竞价方式减持公司股份4，980，000股，占公 司总股本的0.9998%，本次减持计划实施完毕。 ...

证券代码：603612 证券简称：索通发展 公告编号：2025-070 索通发展股份有限公司 股东减持股份结果公告 本公司董事会、全体董事及相关股东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： 股东持股的基本情况 本次减持股份计划实施前，宁波宁聚资产管理中心（有限合伙）－宁聚映山 红 3 号私募证券投资基金（以下简称"宁聚映山红 3 号"）持有索通发展股份有 限公司（以下简称"公司"）无限售条件流通股 27,100,000 股，占公司总股本的 5.44%，股份来源为协议转让。 | 股东名称 | 宁波宁聚资产管理中心（有限合伙）－宁聚映山红 号私 3 | | | | --- | --- | --- | --- | | | 募证券投资基金 | | | | 股东身份 | 控股股东、实控人及一致行动人 直接持股 5%以上股东 | □是 √是 | √否 □否 | | | 董事、监事和高级管理人员 | □是 | √否 | | | 其他：不适用 | | | | 持股数量 | 27,100,000股 | | | | 持股比例 | 5.44% | ...

格隆汇12月9日丨索通发展(603612.SH)公布，近日，公司收到股东宁聚映山红3号出具的《关于减持计 划实施完毕暨实施情况的告知函》。截至2025年12月8日，宁聚映山红3号通过集中竞价方式减持公司股 份498万股，占公司总股本的0.9998%。宁聚映山红3号本次减持计划实施完毕。 ...

Group 1 - The core point of the article is that Su Tong Development (SH 603612) announced the completion of a share reduction plan, where Ning Ju Ying Shan Hong No. 3 reduced its holdings by 4.98 million shares, accounting for 0.9998% of the company's total share capital [1] - As of the first half of 2025, the revenue composition of Su Tong Development is as follows: the anode segment accounts for 95.62%, the cathode segment for 4.02%, and the capacitor segment for 0.99%, with inter-segment offsets accounting for -0.63% [1] - The current market capitalization of Su Tong Development is 12 billion yuan [1]

Group 1 - The core point of the announcement is that the shareholder, Ningbo Ningju Asset Management Center (Limited Partnership) - Ningju Yingshanhong No. 3 Private Securities Investment Fund, has completed a share reduction plan, selling 4.98 million shares of the company, which accounts for 0.9998% of the total share capital [1] - The share reduction occurred between October 30, 2025, and December 8, 2025, through a centralized bidding method [1] - The selling price ranged from 23.9 yuan per share to 29.03 yuan per share, resulting in a total reduction amount of 125 million yuan [1] Group 2 - After the reduction, the shareholder holds 22.12 million shares, decreasing their ownership percentage to 4.4408% [1] - The share reduction plan has been fully implemented [1]

（文章来源：证券日报） 证券日报网讯 12月8日，索通发展在互动平台回答投资者提问时表示，截至11月28日，公司股东总数为 46962户。 ...