Market Overview - The jewelry sector experienced a decline of 0.93% on November 18, with ST Xinhua Jin leading the drop [1] - The Shanghai Composite Index closed at 3939.81, down 0.81%, while the Shenzhen Component Index closed at 13080.49, down 0.92% [1] Individual Stock Performance - Key stocks in the jewelry sector showed mixed results, with the following notable performances: - Xinghua Jewelry (002731) closed at 16.31, up 0.68% with a trading volume of 221,200 shares [1] - Diya Co. (301177) closed at 31.56, up 0.25% with a trading volume of 13,900 shares [1] - China Gold (600916) closed at 8.23, down 0.48% with a trading volume of 145,700 shares [1] - ST Xinhua Jin (600735) closed at 6.13, down 3.62% with a trading volume of 270,300 shares [2] Capital Flow Analysis - The jewelry sector saw a net outflow of 127 million yuan from institutional investors, while retail investors contributed a net inflow of 145 million yuan [2] - The following stocks had significant capital flow: - Chao Hong Ji (002345) had a net inflow of 3.94 million yuan from institutional investors, but a net outflow of 14.27 million yuan from speculative investors [3] - Jin Yi Culture (002721) experienced a net outflow of 8.43 million yuan from institutional investors, with a net inflow of 10.34 million yuan from speculative investors [3]

Market Overview - The jewelry sector experienced a decline of 0.47% on November 12, with ST Xinhua Jin leading the drop [1] - The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1] Individual Stock Performance - Chao Hong Mu (002345) rose by 2.24% to close at 12.78, with a trading volume of 216,300 shares and a turnover of 280 million yuan [1] - Lao Feng Xiang (600612) saw a slight increase of 0.11%, closing at 46.37, with a trading volume of 19,400 shares and a turnover of approximately 90.25 million yuan [1] - Zhou Da Sheng (002867) remained unchanged at 13.30, with a trading volume of 77,200 shares and a turnover of 103 million yuan [1] - ST Xinhua Jin (600735) led the decline with a drop of 4.99%, closing at 6.28, with a trading volume of 331,500 shares and a turnover of 210 million yuan [2] - Mankalon (300945) fell by 3.33% to 17.98, with a trading volume of 123,100 shares and a turnover of 223 million yuan [2] Capital Flow Analysis - The jewelry sector saw a net outflow of 159 million yuan from institutional investors, while retail investors contributed a net inflow of 188 million yuan [2] - The detailed capital flow for individual stocks indicates that Chao Hong Mu had a net inflow of 9.64 million yuan from institutional investors, while it faced a net outflow of 12.79 million yuan from speculative funds [3] - Mingpai Jewelry (002574) experienced a significant net outflow of 3.76 million yuan from institutional investors, but had a net inflow of 11.72 million yuan from retail investors [3]

Core Points - The company held its first extraordinary general meeting of shareholders in 2025 on November 11, 2025, at its conference room in Nanjing [2][3] - All resolutions presented at the meeting were approved, including the profit distribution plan for the first three quarters of 2025 [4] - The meeting was presided over by the chairman, Mr. Ma Jun, and all nine current directors attended [4][3] Meeting Details - The meeting was conducted in accordance with the Company Law and the company's articles of association, with no resolutions being rejected [2][3] - The attendance included all nine directors and the board secretary, while the financial officer was present as an observer [4] - The legal proceedings of the meeting were validated by Jiangsu Taihe Law Firm, confirming compliance with relevant laws and regulations [5][6]

证券代码：603900 证券简称：莱绅通灵 公告编号：2025-041 莱绅通灵珠宝股份有限公司 2025年第一次临时股东会决议公告 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 1 一、 会议召开和出席情况 (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 | 473 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 156,516,940 | | 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 | 45.6285 | | 份总数的比例（%） | | (四) 表决方式是否符合《公司法》及《公司章程》的规定，股东会主持情况等。 本次会议的表决方式符合《公司法》《公司章程》的规定，会议由公司董事长 马峻先生主持。 (五) 公司董事和董事会秘书的出席情况 1、公司在任董事9人，出席9人； 2、董事会秘书出席本次会议；财务负责人列席本次会议。 二、 议案审议情况 (一) 非累积投票议案 ...

法律意见书 江苏泰和律师事务所 法律意见书 江苏泰和律师事务所 关于莱绅通灵珠宝股份有限公司 2025 年第一次临时股东会的 法律意见书 根据《中华人民共和国证券法》《中华人民共和国公司法》（以下简称《公 司法》）、中国证券监督管理委员会《上市公司股东会规则》（以下简称《股东 会规则》）、《上海证券交易所上市公司自律监管指引第 1 号—规范运作》（以 下简称《自律监管指引第 1 号》）等法律、法规、规范性文件和《莱绅通灵珠宝 股份有限公司章程》（以下简称《公司章程》）的有关规定，江苏泰和律师事务 所（以下简称本所）接受莱绅通灵珠宝股份有限公司（以下简称公司）的委托， 指派律师（以下简称本所律师）出席公司 2025 年第一次临时股东会（以下简称 本次股东会或会议），并出具本法律意见书。 为出具本法律意见书，本所律师依据《律师事务所从事证券法律业务管理办 法》和《律师事务所证券法律业务执业规则（试行）》等规定，严格履行了法定 职责，遵循了勤勉尽责和诚实信用原则，对本次股东会所涉及的相关事项进行了 必要的核查和验证。 本所保证本法律意见书所认定的事实真实、准确、完整，所发表的结论性意 见合法、准确，不存在虚假记载、 ...

Market Overview - The jewelry sector increased by 0.2% on November 11, with Jin Yi Culture leading the gains [1] - The Shanghai Composite Index closed at 4002.76, down 0.39%, while the Shenzhen Component Index closed at 13289.0, down 1.03% [1] Individual Stock Performance - Jin Yi Culture (002721) closed at 3.60, up 4.35% with a trading volume of 1.8633 million shares and a transaction value of 670 million yuan [1] - Xinghua Jewelry (002731) closed at 15.40, up 3.84% with a trading volume of 257,700 shares and a transaction value of 393 million yuan [1] - Other notable performers include: - Shenhua A (000017): closed at 6.96, up 2.50% [1] - Mankalon (300945): closed at 18.60, up 1.81% [1] - Mingpai Jewelry (002574): closed at 6.00, up 1.01% [1] Capital Flow Analysis - The jewelry sector experienced a net outflow of 46.22 million yuan from institutional investors, while retail investors saw a net inflow of 54.50 million yuan [2] - The capital flow for individual stocks shows: - Jin Yi Culture had a net inflow of 84.44 million yuan from institutional investors [3] - Shenhua A had a net inflow of 11.18 million yuan from institutional investors [3] - Mankalon had a net inflow of 1.32 million yuan from institutional investors [3]

Market Overview - The jewelry sector increased by 2.54% on November 10, with Cuihua Jewelry leading the gains [1] - The Shanghai Composite Index closed at 4018.6, up 0.53%, while the Shenzhen Component Index closed at 13427.61, up 0.18% [1] Individual Stock Performance - Cuihua Jewelry (002731) closed at 14.83, up 7.62%, with a trading volume of 324,000 shares and a turnover of 478 million yuan [1] - Mankalon (300945) closed at 18.27, up 5.24%, with a trading volume of 183,300 shares and a turnover of 330 million yuan [1] - ST Xinhua Jin (600735) closed at 6.96, up 4.98%, with a trading volume of 188,700 shares and a turnover of 6.13 million yuan [1] - Other notable performers include Jin Yi Culture (002721) up 4.86%, Chao Hong Ji (002345) up 4.56%, and Cai Zi Co. (605599) up 3.70% [1] Capital Flow Analysis - The jewelry sector saw a net inflow of 71.3 million yuan from institutional investors, while retail investors experienced a net inflow of 10.6 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors showing stronger interest compared to retail investors [2] Detailed Capital Flow for Selected Stocks - Jin Yi Culture (002721) had a net inflow of 48.1 million yuan from institutional investors, but a net outflow of 41.1 million yuan from retail investors [3] - Mankalon (300945) saw a net inflow of 27.5 million yuan from institutional investors, while retail investors had a net outflow of 27.6 million yuan [3] - ST Xinhua Jin (600735) experienced a significant net inflow of 22.5 million yuan from institutional investors, with retail investors also showing a net outflow [3]

Core Viewpoint - The recent surge in gold prices is driven by multiple factors, including a significant increase in layoffs in the U.S. private sector, a notable decline in global AI-related stocks, and ongoing geopolitical tensions across various regions [1][6]. Gold Price Movement - On November 10, gold prices experienced a sharp increase, with spot and futures prices reaching new highs for November. As of 13:20, London gold was quoted at $4,053.37 per ounce, up 1.32%, while COMEX gold was at $4,062.10 per ounce, up 1.30% [1]. - The gold jewelry index in the A-share market rose by 1.91%, with notable increases in individual stocks such as Cuihua Jewelry (+7.76%), Hunan Gold (+4.92%), and Chaohongji (+4.48%) [1][2]. Domestic Gold Jewelry Prices - Domestic gold jewelry brands have also seen price increases, with prices for major brands such as Chow Tai Fook at 1,279 RMB per gram, Lao Feng Xiang at 1,273 RMB per gram, and Chow Sang Sang at 1,276 RMB per gram [3][4]. - Major brands, including Chow Tai Fook, have raised prices due to increased costs from recent tax policies affecting gold procurement and production [4]. Market Outlook - Analysts suggest that the recent rise in gold prices is supported by a weaker U.S. dollar, risks of government shutdown, and geopolitical tensions. The Challenger report indicated that layoffs in October exceeded 150,000, the highest level in over 20 years, which has led to expectations of potential interest rate cuts by the Federal Reserve [6]. - According to China International Capital Corporation (CICC), gold prices may continue to rise in the coming year, supported by the trend of de-globalization and strategic security concerns prompting emerging market central banks to increase gold reserves [6].

Market Overview - The jewelry sector increased by 0.85% on November 7, with Cuihua Jewelry leading the gains [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] Individual Stock Performance - Cuihua Jewelry (002731) closed at 13.78, up 5.92% with a trading volume of 176,400 shares and a turnover of 239 million yuan [1] - Rebecca (600439) closed at 3.13, up 1.62% with a trading volume of 527,500 shares and a turnover of 166 million yuan [1] - Mingpai Jewelry (002574) closed at 5.86, up 1.03% with a trading volume of 68,500 shares and a turnover of 39.92 million yuan [1] - Other notable performances include Di'A Shares (301177) up 0.96% and China Gold (600916) up 0.24% [1] Capital Flow Analysis - The jewelry sector experienced a net outflow of 36.78 million yuan from institutional investors, while retail investors saw a net inflow of 26.09 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors are actively buying [2] Detailed Capital Flow for Key Stocks - Cuihua Jewelry saw a net inflow of 17.46 million yuan from institutional investors, but a net outflow from retail investors [3] - Rebecca had a net inflow of 12.48 million yuan from institutional investors, with retail investors also showing a net outflow [3] - Zhou Dazheng (002867) had a significant net inflow from retail investors of 14.03 million yuan, despite a net outflow from institutional investors [3] - Mingpai Jewelry experienced a notable net outflow of 4.19 million yuan from institutional investors, while retail investors contributed positively [3]

Market Overview - The jewelry sector experienced a decline of 0.46% on November 6, with ST Xinhua Jin leading the drop [1] - The Shanghai Composite Index closed at 4007.76, up 0.97%, while the Shenzhen Component Index closed at 13452.42, up 1.73% [1] Individual Stock Performance - Chao Hong Ji (002345) closed at 12.05, with a slight increase of 0.33% and a trading volume of 117,600 shares, totaling 141 million yuan [1] - Zhou Dazheng (002867) closed at 13.19, up 0.15%, with a trading volume of 46,600 shares, amounting to 61.56 million yuan [1] - China Gold (600916) closed at 8.25, with a 0.12% increase and a trading volume of 136,700 shares, totaling 113 million yuan [1] - Lao Feng Xiang (600612) closed at 46.18, down 0.02%, with a trading volume of 13,600 shares, totaling 62.60 million yuan [1] - Mingpai Jewelry (002574) closed at 5.80, down 0.51%, with a trading volume of 64,100 shares, totaling 37.15 million yuan [1] Capital Flow Analysis - The jewelry sector saw a net outflow of 99.04 million yuan from institutional investors, while retail investors contributed a net inflow of 66.17 million yuan [2] - Zhou Dazheng (002867) had a net inflow of 3.59 million yuan from institutional investors, but a net outflow of 5.27 million yuan from retail investors [2] - China Gold (600916) experienced a net inflow of 3.35 million yuan from institutional investors, with a net outflow of 4.03 million yuan from retail investors [2] - The stock with the highest net outflow from institutional investors was Yingna Tongling (603900), with a net outflow of 6.90 million yuan [2]