公司2025年度业绩同比大幅上升的原因系公司主要产品销量及价格双双上升，叠加营运成本有效控制。 洛阳钼业（603993）(03993)发布公告，预计2025年度实现归属于公司股东的净利润为人民币200亿元到 人民币208亿元，与上年同期相比，将增加人民币64.68亿元到人民币72.68亿元，同比增加47.80%到 53.71%。 预计2025年度实现归属于公司股东的扣除非经常性损益的净利润为人民币204亿元到人民币212亿元，与 上年同期相比，将增加人民币72.81亿元到人民币80.81亿元，同比增加55.50%到61.60%。 ...

（编辑 楚丽君） 证券日报网讯 1月15日，洛阳钼业发布公告称，预计2025年度实现归属于上市公司股东的净利润为人民 币（下同）200亿元到208亿元，与上年同期（法定披露数据，下同）相比增加64.68亿元到72.68亿元， 同比增加47.80%到53.71%。 ...

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，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 CMOC Group Limited* （於中華人民共和國註冊成立的股份有限公司） （股份代號：03993） 內幕消息 正面盈利預告 本公告乃由洛陽欒川鉬業集團股份有限公司（「本公司」，連同其附屬公司，「本集 團」）根據《香港聯合交易所有限公司證券上市規則》第13.09條及《證券及期貨條 例》（香港法例第571章）第XIVA部下的內幕消息條文而作出。 本公司董事會（「董事會」）謹此知會本公司股東及潛在投資者，在二零二五年一 月一日至二零二五年十二月三十一日的業績預告期間，經本公司財務部門初步測 算： 1 本公司股東及潛在投資者於買賣本公司證券時務請審慎行事。 承董事會命 洛陽欒川鉬業集團股份有限公司 劉建鋒 董事長 中華人民共和國河南省洛陽市，二零二六年一月十五日 1. 預計二零二五年度實現歸屬於本公司股東的淨利潤為人民幣200億元到人民 幣208億元，與上年同期相比，將增加人民幣64.68億元到人民幣 ...

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，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 * 僅供識別 股票代码：603993 股票简称：洛阳钼业 编号：2026—001 洛阳栾川钼业集团股份有限公司 第七届董事会第九次临时会议决议公告 CMOC Group Limited* （於中華人民共和國註冊成立的股份有限公司） （股份代號：03993） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 以下為洛陽欒川鉬業集團股份有限公司（「本公司」）於上海證券交易所網站 (www.sse.com.cn)所發佈《洛陽鉬業第七屆董事會第九次臨時會議決議公告》、《洛 陽鉬業關於公司使用自有資金進行理財和委託理財的公告》、《洛陽鉬業關於2026 年度開展期貨和衍生品交易業務的公告》、《洛陽鉬業關於開展期貨和衍生品交易 業務的可行性分析報告》。 承董事會命 洛陽欒川鉬業集團股份有限公司 劉建鋒 董事長 中華人民共和國河南省洛陽市， 二零二六年一月十五日 於本公告日期，執行董 ...

Core Viewpoint - Luoyang Molybdenum Co., Ltd. (LM) expects significant growth in its 2025 financial performance, driven by increased production and effective cost management [1] Group 1: 2025 Performance Expectations - The company anticipates a net profit attributable to shareholders of between 20 billion to 20.8 billion yuan, representing a year-on-year increase of 47.80% to 53.71% [1] - The expected net profit excluding non-recurring items is projected to be between 20.4 billion to 21.2 billion yuan, reflecting a growth of 55.5% to 61.6% year-on-year [1] - Production of copper is expected to reach 741,149 tons in 2025, exceeding the initial guidance by 18% [1] Group 2: Production Achievements - The company has surpassed its production targets for all major products in 2025, including cobalt (117,549 tons, 107% of target), molybdenum (13,906 tons, 103% of target), tungsten (7,114 tons, 102% of target), and niobium (10,348 tons, 103% of target) [1] - Phosphate fertilizer production is projected at 1.21 million tons, achieving 105% of the target, while the physical trade volume reached 4.774 million tons, completing 112% of the target [1] Group 3: 2026 Production Guidance - For 2026, the company has set production guidance for copper at 760,000 to 820,000 tons, cobalt at 100,000 to 120,000 tons, and molybdenum at 11,500 to 14,500 tons [2] - The company is actively advancing the KFM Phase II construction, which is expected to add 100,000 tons of copper production annually starting in 2027 [2] - Plans for the TFM Phase III project are underway, aiming to achieve a copper production target of 1 million tons by 2028 [2]

Core Viewpoint - Luoyang Molybdenum announced the approval of a proposal to use idle self-owned funds for purchasing wealth management or entrusted financial products, with a maximum investment balance of RMB 20 billion [1] Group 1: Proposal Details - The company and its wholly-owned and controlling subsidiaries plan to invest in high-security, high-liquidity financial products, excluding structured deposits [1] - The investment balance for these financial products must not exceed RMB 20 billion (or equivalent foreign currency) and can be rolled over [1] - The proposal is subject to approval at the company's shareholder meeting, with the effective period from the approval date at the 2025 annual shareholder meeting until the 2026 annual shareholder meeting, not exceeding 12 months [1]

Group 1 - Luxshare Precision plans to repurchase shares worth between 1 billion to 2 billion RMB, with a maximum repurchase price of 86.96 RMB per share, aimed at implementing employee stock ownership plans or equity incentives [1] - Hanyu Pharmaceutical signed a sales order for GLP-1 raw materials worth 180 million RMB, which accounts for 30.50% of its audited revenue for 2024, potentially positively impacting annual performance [2] - Longpan Technology expects to engage in procurement transactions with CATL worth no more than 7 billion RMB in 2026, as part of a continuous related transaction agreement [3] Group 2 - Hu Silicon Industry reported that the National Integrated Circuit Industry Investment Fund reduced its stake by 32.0113 million shares, representing 0.97% of the total share capital, decreasing its ownership from 16.96% to 15.99% [4] - ST Chengchang completed its stock suspension review after abnormal trading fluctuations, confirming no need for corrections or disclosures, and will resume trading on January 16, 2026 [5] - Luoyang Molybdenum plans to use up to 20 billion RMB of idle funds for wealth management and entrusted financial products, pending shareholder approval [6] Group 3 - Siyuan Electric reported a net profit of 3.163 billion RMB for 2025, a year-on-year increase of 54.35% [7] - Tianji Co. expects a net profit of 70 million to 105 million RMB for 2025, recovering from a loss of 1.361 billion RMB in the previous year [7] - Muyuan Foods anticipates a net profit of 14.7 billion to 15.7 billion RMB for 2025, a decrease of 12.20% to 17.79% compared to the previous year [7] Group 4 - Luoyang Molybdenum forecasts a net profit of 20 billion to 20.8 billion RMB for 2025, representing an increase of 47.80% to 53.71% year-on-year [8] - Kunlun Wanwei expects to report a loss for 2025 [8] - Dalong Real Estate's subsidiary won a 763 million RMB engineering project contract [11]

1月15日，洛阳钼业（603993.SH、03993.HK）发布业绩预告，预计2025年实现归母净利润200亿—208 亿元，同比增加64.68亿—72.68亿元，同比增长47.80%—53.71%；扣非后归母净利润204亿—212亿元， 同比增加72.81亿—80.81亿元，同比增长55.5%—61.6%。 这是洛阳钼业年度利润首次突破200亿元。 结合全球经济研判、供求关系变化，洛阳钼业对2026年的产量指引为：铜金属76万—82万吨，钴金属10 万-12万吨，钼金属1.15万—1.45万吨，钨金属0.65万—0.75万吨，铌金属1.0万—1.1万吨，磷肥105万— 125万吨，黄金6—8吨，实物贸易量400万—450万吨。 目前，洛阳钼业正积极推进刚果(金)KFM二期项目建设，预计2027年投产后年新增10万吨产铜量。 （文章来源：中国经营报） ...

Core Viewpoint - The non-ferrous metal sector is experiencing a significant market transformation, with strong price increases across various metals, making it a focal point for investment in 2026 [3][26]. Group 1: Market Performance - Non-ferrous metals have shown a strong upward trend in both futures and stock markets, with the non-ferrous mining ETF rising 14.88% in the first nine trading days of 2026 [1][3]. - From mid-2025, metals like aluminum, cobalt, lithium, and rare earths entered a super-upward cycle, with tin futures prices soaring from 261,400 CNY/ton to 443,400 CNY/ton, a nearly 70% increase [4][10]. - In 2025, cobalt and silver prices increased by 173% and 148% respectively, while gold rose by 59.27% [7][8]. Group 2: Price Trends - The price of lithium carbonate futures surged to 174,000 CNY/ton, nearly three times the price in Q2 2025 [8]. - Key industrial metals like copper and aluminum also saw significant price increases, with copper futures rising from 78,000 CNY/ton to 105,600 CNY/ton [10]. - The price of tungsten increased from 122,000 CNY/ton to 455,000 CNY/ton, marking a 272% rise [10]. Group 3: Supply and Demand Dynamics - Geopolitical factors, such as the ongoing Russia-Ukraine conflict, have increased demand for gold as a strategic reserve, with central banks globally increasing their gold holdings [10][11]. - Supply disruptions in metals like copper and tin due to mining accidents and export restrictions have contributed to a widening supply-demand gap [11][21]. - Historical data indicates a strong correlation between precious metals and interest rate cuts, suggesting that monetary easing periods lead to increased prices for both precious and industrial metals [11][12]. Group 4: Investment Trends - The global gold ETF holdings increased significantly in 2025, with a total of 3,985.94 tons, marking the second-largest annual increase since 2004 [14]. - Non-ferrous themed ETFs saw a net subscription of over 51 billion CNY in 2025, with total assets growing nearly ninefold [16]. - Major non-ferrous companies like Zijin Mining and Luoyang Molybdenum reported substantial profit increases, with Zijin's net profit growing by 55.45% year-on-year [20][21]. Group 5: Future Outlook - The non-ferrous metal sector is expected to continue its strong performance due to macroeconomic liquidity, geopolitical tensions, and robust demand from industries like renewable energy and electric vehicles [26]. - The non-ferrous mining ETF is positioned to benefit from rising metal prices, with a historical performance showing significant price elasticity compared to the underlying commodities [23][25].

Core Viewpoint - Luoyang Molybdenum Co., Ltd. plans to invest up to RMB 20 billion in high-security, liquid financial products using idle funds, with the investment period spanning from the approval at the 2025 annual shareholders' meeting to the 2026 annual shareholders' meeting [1] Group 1 - The company and its wholly-owned and controlling subsidiaries will selectively purchase financial products [1] - The investment balance will not exceed RMB 20 billion or its equivalent in foreign currency [1] - The investment authorization is valid from the approval date until the next annual shareholders' meeting [1]