Core Viewpoint - The stock of Inner Mongolia Xingye Silver Tin Mining Co., Ltd. has shown significant growth, with a year-to-date increase of 114.57% and a recent surge in trading volume and market capitalization [1][2]. Financial Performance - For the first half of 2025, the company achieved a revenue of 2.473 billion yuan, representing a year-on-year growth of 12.50%. However, the net profit attributable to shareholders decreased by 9.93% to 796 million yuan [2]. - Cumulative cash dividends since the A-share listing amount to 423 million yuan, with 275 million yuan distributed over the past three years [3]. Stock Market Activity - As of September 11, the stock price reached 23.71 yuan per share, with a trading volume of 264 million yuan and a turnover rate of 0.63%. The total market capitalization stands at 42.1 billion yuan [1]. - The stock has seen a net inflow of 12.88 million yuan from main funds, with significant buying activity from large orders [1]. Shareholder Structure - As of August 29, the number of shareholders increased to 50,900, with an average of 34,844 shares held per person, a slight decrease of 0.89% [2]. - Notable changes in institutional holdings include Hong Kong Central Clearing Limited becoming the fourth-largest shareholder, increasing its stake by 3.28 million shares [3].

证券代码：000426 证券简称：兴业银锡 公告编号：2025-74 内蒙古兴业银锡矿业股份有限公司 2025 年第三次临时股东大会决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏。 特别提示： 1、公司分别于2025年8月26日、2025年9月5日在《中国证券报》《证券时报》《上海 证券报》《证券日报》及公司指定信息披露网站巨潮资讯网上刊登了《兴业银锡：关于召 开2025年第三次临时股东大会的通知》（公告编号：2025-72）、《兴业银锡：关于召开2025 年第三次临时股东大会的提示性公告》（公告编号：2025-73）。 2、本次股东大会无否决提案的情况。 3、本次股东大会不涉及变更以往股东大会已通过决议。 4、本次股东大会以现场投票与网络投票相结合的方式召开。 2、网络投票时间：2025年9月10日 其中，通过深圳证券交易所交易系统进行网络投票的具体时间为：2025 年 9 月 10 日上午 9:15—9:25，9:30－11:30，下午 13:00－15:00；通过深圳证券交 易所互联网投票系统投票的具体时间为：开始时间 2025 年 9 月 10 日 ...

北京市金杜律师事务所 关于内蒙古兴业银锡矿业股份有限公司 2025 年第三次临时股东大会之 法律意见书 致：内蒙古兴业银锡矿业股份有限公司 北京市金杜律师事务所（以下简称本所）接受内蒙古兴业银锡矿业股份有限 公司（以下简称公司）委托，根据《中华人民共和国证券法》（以下简称《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》）等中华人民共和 国境内（以下简称中国境内，为本法律意见书之目的，不包括中国香港特别行政 区、中国澳门特别行政区和中国台湾省）现行有效的法律、行政法规、规章和规 范性文件和现行有效的《内蒙古兴业银锡矿业股份有限公司章程》（以下简称《公 司章程》）有关规定，指派律师现场出席了公司于 2025 年 9 月 10 日召开的 2025 年第三次临时股东大会（以下简称本次股东大会），并就本次股东大会相关事项 出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限于： 1. 经公司 2024 年年度股东大会审议通过的《公司章程》； 2. 公司 2025 年 8 月 26 日刊登于《中国证券报》 ...

兴业银锡股价再创历史新高，该股近期呈不断突破新高之势，近一个月累计有10个交易日股价刷新历史 纪录。截至09:55，该股目前上涨4.08%，股价报24.22元，成交1933.44万股，成交金额4.57亿元，换手 率1.09%，该股最新A股总市值达430.06亿元，该股A股流通市值429.95亿元。 公司9月4日在交易所互动平台披露，截至最新（8月31日）股东户数为50946户，较上期（8月20日）增 加454户，环比增长0.90%。 公司发布的半年报数据显示，上半年公司共实现营业收入24.73亿元，同比增长12.50%，实现净利润 7.96亿元，同比下降9.93%，基本每股收益为0.4481元，加权平均净资产收益率9.58%。（数据宝） 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 （文章来源：证券时报网） 证券时报·数据宝统计显示，兴业银锡所属的有色金属行业，目前整体涨幅为1.46%，行业内，目前股价 上涨的有86只，涨幅居前的有恒邦股份、西部黄金、晓程科技等，涨幅分别为10.02%、8.90%、 8.60%。股价下跌的有55只，跌幅居前的有宜安科技、盛新锂能、天力复合等，跌幅分别为6.99 ...

Investment Rating - The report maintains a "Buy" investment rating for the company [1] Core Views - The company has shown a revenue increase of 12.50% year-on-year in H1 2025, with total revenue reaching 2.473 billion yuan [3] - The net profit attributable to shareholders decreased by 9.93% year-on-year to 796 million yuan in H1 2025, primarily due to operational disruptions [3][8] - The company is expected to benefit from high silver and tin prices, along with two acquisitions that will support future capacity growth [12] Revenue and Profit Analysis - In H1 2025, the company produced 3,589.82 tons of tin, a decrease of 20.64% year-on-year, while silver production increased by 4.57% to 131.32 tons [4] - The main revenue segments for H1 2025 were tin (31.03%), silver (35.05%), and zinc (19.46%), with total main business revenue of 2.455 billion yuan, up 11.92% year-on-year [5] - The gross profit margin for tin was 68.39%, while silver's gross profit margin was 54.66%, both showing slight declines due to increased costs [7] Acquisition and Resource Expansion - The company successfully acquired 85% of Yubang Mining, which contributed to revenue growth and resource expansion [5] - In August 2025, the company acquired 96.04% of Atlantic Tin Industry, marking its first overseas acquisition and enhancing its international resource portfolio [10] Future Earnings Forecast - Projected revenues for 2025, 2026, and 2027 are 5.243 billion, 5.700 billion, and 5.700 billion yuan respectively, with net profits expected to be 2.113 billion, 2.413 billion, and 2.470 billion yuan [12][14]

Market Overview - On September 5, the industrial metals sector rose by 4.12% compared to the previous trading day, with Xinweiling leading the gains [1] - The Shanghai Composite Index closed at 3812.51, up 1.24%, while the Shenzhen Component Index closed at 12590.56, up 3.89% [1] Individual Stock Performance - Xinweiling (871634) closed at 31.28, with a gain of 7.60% and a trading volume of 48,800 shares, amounting to a transaction value of 149 million [1] - Baiyin Youse (601212) closed at 4.09, up 7.07%, with a trading volume of 4.8869 million shares and a transaction value of 1.953 billion [1] - Xizang Zhufeng (600338) closed at 12.84, gaining 7.00%, with a trading volume of 858,800 shares and a transaction value of 1.078 billion [1] - Other notable performers include Xingye Yinxin (000426) with a 5.90% increase, Guocheng Mining (000688) up 5.70%, and Dingsheng New Materials (603876) up 5.30% [1] Capital Flow Analysis - The industrial metals sector saw a net inflow of 1.36 billion in main funds, while retail funds experienced a net outflow of 298 million [1] - Major stocks like Zijin Mining (668109) had a net inflow of 756 million from main funds but a net outflow of 357 million from retail funds [2] - Jiangxi Copper (600362) reported a net inflow of 176 million from main funds, with retail funds seeing a net outflow of 131 million [2]

Group 1: Industry Overview - The non-ferrous metal sector is experiencing significant activity, with various companies in the resource layout and high-end powder materials, as well as battery materials, seeing stock price increases [1] - Companies are focusing on the development of nickel resources and high-performance materials to capitalize on the growing demand in the battery sector [2] Group 2: Company Highlights - Boqian New Materials (605376.SS) achieved a 10.00% increase in stock price, reaching 48.72 yuan, and is recognized as a leading producer of high-end metal powder materials, particularly nickel powder for MLCC production [1] - Dao Technology (300409.SZ) saw an 8.84% rise in stock price to 24.02 yuan, expanding its overseas nickel resource layout and developing a high-nickel project in Indonesia with a planned annual output of 20,000 tons [1] - Changsheng Technology (300073.SZ) increased by 8.37% to 52.30 yuan, partnering with Zhongwei Co. to develop nickel resources in Indonesia, aiming for an initial production line of 60,000 tons of nickel products [2] - Dongfang Electric Heating (300217.SZ) rose 7.06% to 5.61 yuan, successfully entering the lithium battery material sector with a project producing 20,000 tons of pre-plated nickel [2] - Hanrui Cobalt (300618.SZ) increased by 6.61% to 46.30 yuan, establishing a joint venture in Indonesia to expand its presence in the new energy metal sector [2] - Xingye Silver Tin (000426.SZ) saw a 6.04% increase to 23.35 yuan, with significant nickel resource reserves of 32.84 million tons, providing a solid foundation for future expansion in the nickel industry [3]

Meeting Information - The company will hold its third extraordinary general meeting of shareholders on September 10, 2025, at 14:30 [2] - The meeting will be conducted in a hybrid format, combining on-site voting and online voting [2][3] - The record date for shareholders to attend the meeting is September 3, 2025 [4] Attendance and Voting - Eligible attendees include ordinary shareholders or their agents, company directors, supervisors, senior management, and appointed lawyers [5][6][7][8] - Shareholders can register for the meeting either in person or via mail or fax [12][14] - Voting will be available through the Shenzhen Stock Exchange trading system and an online voting platform [2][18] Proposals and Resolutions - Proposals requiring special resolutions must receive over two-thirds of the voting rights present at the meeting [10] - The proposals have been approved by the company's board of directors in a previous meeting [11] Registration and Contact Information - Registration for the meeting can be done on-site or through written communication [12][14] - Contact details for inquiries include a specific address, phone number, and email [15]

Group 1 - The company, Xingye Yinxin (000426), announced that it will hold its third extraordinary general meeting of shareholders on September 10, 2025 [1] - The agenda for the meeting includes the review of a proposal to amend the company's articles of association [1]

Market Overview - On September 4, the industrial metals sector fell by 4.23%, with Huayu Mining leading the decline [1] - The Shanghai Composite Index closed at 3765.88, down 1.25%, while the Shenzhen Component Index closed at 12118.7, down 2.83% [1] Individual Stock Performance - Notable gainers included: - Yian Technology (300328) with a closing price of 18.60, up 3.91% [1] - Asia Pacific Technology (002540) at 6.58, up 3.46% [1] - Significant decliners included: - Huayu Mining (601020) at 24.65, down 10.00% [2] - Baiyin Nonferrous (601212) at 3.82, down 9.69% [2] - Luoyang Jiyie (603993) at 12.44, down 8.86% [2] Trading Volume and Capital Flow - The industrial metals sector experienced a net outflow of 3.687 billion yuan from main funds, while retail investors saw a net inflow of 2.769 billion yuan [2][3] - The trading volume for individual stocks varied, with notable figures such as: - Huayu Mining with a trading volume of 796,900 shares [2] - Baiyin Nonferrous with 4,925,700 shares [2] Capital Inflow Analysis - Key stocks with significant main fund inflows included: - Nanshan Aluminum (600219) with a net inflow of 71.11 million yuan [3] - Tianshan Aluminum (002532) with a net inflow of 34.90 million yuan [3] - Conversely, stocks like Tianshan Aluminum saw a retail net outflow of 56.38 million yuan [3]