证券代码：000426 证券简称：兴业银锡 公告编号：2024-47 内蒙古兴业银锡矿业股份有限公司 第十届董事会第六次会议决议公告 本公司及董事会全体成员保证信息披露的内容的真实、准确和完整，没有虚 假记载、误导性陈述或者重大遗漏。 一、董事会会议召开情况 内蒙古兴业银锡矿业股份有限公司（以下简称"公司"）第十届董事会第六 次会议通知于 2024 年 9 月 2 日以专人送达、电子邮件等方式发出，会议于 2024 年 9 月 4 日以通讯方式召开。本次会议应参加表决董事 9 人，实际收到表决票 9 张。会议的召集、召开、表决符合《公司法》及《公司章程》的规定，决议合法 有效。 二、董事会会议审议情况 1、审议通过了《关于全资子公司荣邦矿业为融冠矿业提供担保的议案》 本议案已经公司董事会审计与法律委员会审查通过。具体内容详见公司同日 于巨潮资讯网（www.cninfo.com.cn）上披露的《兴业银锡：关于全资子公司荣 邦矿业拟为融冠矿业提供担保的公告》(公告编号：2024-49)。 二〇二四年九月五日 表决结果：同意 9 票，反对 0 票，弃权 0 票。 2、审议通过了《关于全资子公司对外投资的议案》 本议 ...

证券代码：000426 证券简称：兴业银锡 公告编号：2024-50 内蒙古兴业银锡矿业股份有限公司 关于全资子公司对外投资的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、对外投资概述 1、内蒙古兴业银锡矿业股份有限公司（以下简称"兴业银锡"或"公司"） 通过全资子公司兴业黄金(香港)矿业有限公司（以下简称"兴业黄金（香港）、 认购人"）于 2024 年 9 月 4 日与澳大利亚上市公司 Far East Gold Limited（ASX 代码:FEG）签订《股权认购协议》，兴业黄金（香港）以每股 0.2 澳元的价格分 三批认购 FEG 在澳大利亚证券交易所（ASX）（以下简称"澳交所"）向兴业黄 金（香港）定向增发的普通股，认购股份总数占认购完成日其已发行股份的 19.99%，合计交易金额约 14,247,347.80 澳元。其中兴业黄金（香港）第一批认 购 FEG 增发股份数为其已发行股份 10%以下的最高整数股数，预计交易金额约 6,329,074.80 澳元；第二批认购股份数为 FEG 无需股东批准即可发行的最高整 数股数，交易金额约 4, ...

证券代码：000426 证券简称：兴业银锡 公告编号：2024-48 内蒙古兴业银锡矿业股份有限公司 第十届监事会第五次会议决议公告 本公司及监事会全体成员保证信息披露的内容的真实、准确和完整，没有虚 假记载、误导性陈述或者重大遗漏。 一、监事会会议召开情况 表决结果：同意 3 票，反对 0 票，弃权 0 票。 2、审议通过了《关于全资子公司对外投资的议案》 具体内容详见公司同日于巨潮资讯网（www.cninfo.com.cn）上披露的《兴 业银锡：关于全资子公司对外投资的公告》(公告编号：2024-50)。 表决结果：同意 3 票，反对 0 票，弃权 0 票。 三、备查文件 公司第十届监事会第五次会议决议。 特此公告。 内蒙古兴业银锡矿业股份有限公司（以下简称"公司"）第十届监事会第五 次会议通知于 2024 年 9 月 2 日以专人送达、电子邮件等方式发出，会议于 2024 年 9 月 4 日以通讯方式召开。本次会议应参加表决监事 3 人，实际收到表决票 3 张。会议的召集、召开、表决符合《公司法》及《公司章程》的规定，决议合法 有效。 二、监事会会议审议情况 1、审议通过了《关于全资子公司荣邦矿业为融冠 ...

证券代码：000426 证券简称：兴业银锡 公告编号：2024－49 成立日期：2006年7月31日 内蒙古兴业银锡矿业股份有限公司 关于全资子公司荣邦矿业拟为融冠矿业提供担保的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 一、担保情况概述 内蒙古兴业银锡矿业股份有限公司（以下简称"公司"或"本公司"）全资子 公司赤峰荣邦矿业有限责任公司（以下简称"荣邦矿业"）拟为公司全资子公司内 蒙古兴业集团融冠矿业有限公司（以下简称"融冠矿业"）向银行的借款提供连带 责任保证担保，借款本金不超过26,300万元人民币。 上述提供担保事项已经公司 2024 年 9 月 4 日召开的第十届董事会第六次会议及 第十届监事会第五次会议审议通过（详见公司于 2024 年 9 月 5 日刊登在《中国证券 报》、《上海证券报》、《证券时报》、《证券日报》及巨潮资讯网上的《兴业银 锡:第十届董事会第六次会议决议公告》（公告编号：2024-47）及《兴业银锡:第十 届监事会第五次会议决议公告》（公告编号：2024-48））。以上事项无需提交股东 大会审议。 二、被担保人基本情况 1、 ...

Investment Rating - The report assigns a "Buy" rating for the company, marking the first coverage of the stock [2][4]. Core Insights - The company, Xingye Yinxin (000426.SZ), reported significant growth in its H1 2024 financials, with revenue reaching 2.198 billion yuan, a year-on-year increase of 76.42%, and a net profit attributable to shareholders of 883 million yuan, up 566.43% [2][4]. - The substantial revenue growth is attributed to the successful completion of technical upgrades at the main mining operation, Yinman Mining, which led to increased production and sales of mineral products [2][4]. - The report highlights that the main subsidiary, Yinman Mining, achieved a net profit of 709 million yuan in H1 2024, reflecting a 410.64% increase year-on-year, driven by orderly mining operations and improved processing capacity [2][4]. Summary by Sections Financial Performance - H1 2024 revenue was 2.198 billion yuan, a 76.42% increase year-on-year; net profit was 883 million yuan, up 566.43% [2]. - Q2 2024 revenue reached 1.434 billion yuan, a year-on-year increase of 82.20% and a quarter-on-quarter increase of 87.63% [2]. - The company forecasts revenues of 5.504 billion yuan, 6.274 billion yuan, and 7.086 billion yuan for 2024, 2025, and 2026 respectively, with corresponding net profits of 1.853 billion yuan, 2.278 billion yuan, and 2.827 billion yuan [4][6]. Production and Operations - The main mining operation, Yinman Mining, completed technical upgrades, resulting in increased production and sales of tin and silver concentrates [2][4]. - The subsidiary, Baosheng Mining, resumed full production in April 2024, with a processing capacity of 480 tons per day [3]. Market Outlook - The report anticipates that tin prices will remain high, and silver prices are expected to continue their upward trend, which, combined with increased production, supports the positive outlook for the company [4].

[Table_Main] 证券研究报告 | 公司点评 兴业银锡(000426.SZ) 2024 年 08 月 27 日 买入（维持） 所属行业：有色金属/工业金属 当前价格(元)：11.58 证券分析师 翟堃 资格编号：s0120523050002 邮箱：zhaikun＠tebon.com.cn 研究助理 谷瑜 邮箱：guyu5＠tebon.com.cn 市场表现 兴业银锡 沪深300 -40% -20% 0% 20% 40% 60% 80% 100% 2023-08 2023-12 2024-04 | --- | --- | --- | --- | |-------------|-------|--------|--------| | 沪深300对比 | 1M | 2M | 3M | | 绝对涨幅(%) | -5.62 | -16.15 | -18.10 | | 相对涨幅(%) | -2.57 | -11.12 | -9.88 | 资料来源：德邦研究所，聚源数据 相关研究 1.《兴业银锡（000426.SZ）：技改放量， 23 年归母净利大增 457%》，2024.4.30 2.《兴业银锡（000426.S ...

内蒙古兴业银锡矿业股份有限公司 关于公司收到《民事裁定书》的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 2024 年 1 月，内蒙古兴业银锡矿业股份有限公司（以下简称"公司"）收 到临海市人民法院送达的《应诉通知书》（[2024]浙 1082 民初 683 号）、《举 证通知书》（[2024]浙 1082 民初 683 号）以及朱安平的《起诉状》等相关法律 文书，通知公司作为被告参加诉讼。具体内容详见公司于 2024 年 1 月 30 日在《中 国证券报》《证券时报》《证券日报》《上海证券报》及巨潮资讯网 （http://www.cninfo.com.cn）上披露的《兴业银锡：关于公司收到<应诉通知 书>的公告》（公告编号：2024-05）。 临海市人民法院经审查后将本案移送至广东省深圳市中级人民法院（以下简 称"深圳中院"或"本院"）处理。深圳中院于 2024 年 4 月 25 日立案受理本案。 2024 年 8 月 27 日，公司收到了深圳中院送达的《民事裁定书》，现将有关情况 公告如下： 一、《民事裁定书》的主要内容 本院于 2024 年 4 月 ...

Financial Performance - The company's operating revenue for the first half of 2024 reached ¥2,198,268,777.07, representing a 76.42% increase compared to ¥1,246,019,704.41 in the same period last year[12]. - Net profit attributable to shareholders was ¥883,413,041.24, a significant increase of 566.43% from ¥132,558,385.57 in the previous year[12]. - The net profit after deducting non-recurring gains and losses was ¥894,712,352.56, up 467.87% from ¥157,554,910.51 year-on-year[12]. - The basic earnings per share rose to ¥0.4808, reflecting a 565.93% increase compared to ¥0.0722 in the same period last year[12]. - Operating profit reached CNY 1,037,944,400, an increase of 491.86% compared to the same period last year[45]. - The total comprehensive income for the first half of 2024 was CNY 847,033,543.99, compared to CNY 130,858,416.04 in the same period of 2023, indicating a significant increase[135]. Asset and Equity Changes - Total assets at the end of the reporting period were ¥11,284,066,294.94, a 1.81% increase from ¥11,083,437,191.46 at the end of the previous year[12]. - Net assets attributable to shareholders increased to ¥7,214,938,486.29, marking an 11.41% rise from ¥6,476,277,712.61 at the end of the previous year[12]. - The company's total equity increased to CNY 5,471,934,049.50, up from CNY 4,802,945,896.70 in the previous year, reflecting a growth of 13.9%[133]. - The company's retained earnings increased to CNY 2,863,047,062.50 from CNY 2,099,051,515.50, representing a growth of about 36.43%[131]. Market and Price Trends - The average copper price in the first half of 2024 was approximately 74,550 CNY/ton, reflecting a 12% increase from the beginning of the year to the end of June[19]. - The average zinc price during the same period was around 22,100 CNY/ton, with a 13% increase noted[20]. - Lead metal prices saw a significant rise of 22%, averaging 16,800 CNY/ton in the first half of 2024[21]. - Tin metal prices increased by approximately 30%, averaging 240,000 CNY/ton during the first half of 2024[22]. Risk Management - The company faces risks related to market price fluctuations, safety production, environmental protection, and policy changes[3]. - The company has outlined its risk management strategies in the report, emphasizing the importance of investor awareness regarding these risks[3]. - The company actively engages in risk management through hedging strategies to mitigate price volatility in the market[37]. Subsidiary Performance - The company operates in five main sectors: mining, smelting, investment, trade, and research, with 15 subsidiaries under its control[25]. - The company has several subsidiaries, with notable contributions to net profit, including Inner Mongolia Xingye Group Xilin Mining Co., Ltd., which reported a net profit of 3,643,175.95 yuan[67]. - In the first half of 2024, Yinman Mining achieved a net profit of 709.25 million yuan, a 410.64% increase from 138.89 million yuan in the same period of 2023[70]. Environmental and Social Responsibility - The company has invested a total of 4.9489 million yuan in environmental protection during the reporting period[87]. - Subsidiaries Rongguan Mining and Hongbang Mining have been included in the autonomous region's green mine list, with Rongguan Mining actively pursuing national-level green mine standards[85]. - The company donated 400,000 yuan to promote rural revitalization in the local community[87]. Research and Development - The company invested CNY 31,857,164.34 in R&D, a 38.55% increase from the previous year[46]. - The company established R&D centers in subsidiaries to enhance its technological capabilities and foster innovation[44]. Compliance and Legal Matters - The company has not reported any incidents of pollutant exceedance during the reporting period[85]. - The company is involved in a civil lawsuit regarding the performance of a compensation agreement, with the amount in dispute being 0 million yuan[94]. - The company has initiated legal proceedings against Jizhe, Jixiang, Jiwei, and Guomin Trust for the fulfillment of performance compensation agreements[92]. Financial Management - The company reported a significant increase in cash and cash equivalents, rising to CNY 2,260,124.04 from CNY 685,055.91, a growth of approximately 230.36%[132]. - The total liabilities decreased to CNY 3,973,088,325.19 from CNY 4,497,561,816.84, indicating a reduction of about 11.66%[131]. - The company has not engaged in any asset or equity acquisitions or sales during the reporting period[101].

内蒙古兴业银锡矿业股份有限公司 | | 西乌珠穆沁旗亿通 | 控股子公司 | 其他应收款 | 688.57 | 138.00 | | 0.00 | 826.57 | 往来款 | 非经营 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 矿业有限公司 | | | | | | | | | 性往来 | | | 兴业银锡（天津）国 | 全资子公司 | 其他应收款 | | 4,000.00 | | 110.00 | 3,890.00 | 往来款 | 非经营 | | | 际贸易有限公司 | | | | | | | | | 性往来 | | | 赤峰荣邦矿业有限 | 全资子公司 | 其他应收款 | 4,657.20 | 43,448.00 | | 24,745.00 | 23,360.20 | 往来款 | 非经营 | | | 责任公司 | | | | | | | | | 性往来 | | | 西藏博盛矿业开发 | 控股子公司 | 其他应收款 | 42,491.73 | 13,512.02 | 1,695.85 | 9,866.74 ...

Group 1: Investor Relations Activities - The investor relations activities included meetings with various financial institutions and asset management companies [1] - Notable participants included representatives from Beijing Xinhantong Aviation, Bosera Fund, and Guotai Junan Securities [1] Group 2: Project Updates - The Yiman Phase II project is currently undergoing administrative approval, with expectations to complete project initiation and land acquisition procedures within the year [3] - The processing capacity of Yiman Mining is 1.65 million tons per year, with specific production figures for 2024 to be disclosed in future reports [3] Group 3: Financial Obligations and Debt Restructuring - The debt restructuring plan requires a principal repayment ratio of 30%, with approximately CNY 1.165 billion of the debt secured by listed company shares [4] - As of now, about CNY 409 million has been repaid, leaving a balance of approximately CNY 756 million to be settled through share pledges [4] - If the debt is fully settled through share pledges, the number of shares involved would represent about 3.06% of the total share capital of the listed company [4] Group 4: Future Developments - The controlling shareholder, Xingye Group, has no current plans for share reduction [4] - Future developments may include downstream operations related to precious metal refining and silver paste production, enhancing synergy with the listed company [4]