New Stock Offerings - Fushun Special Steel (600399) has a tender offer period from August 12, 2025, to September 10, 2025[1] - ST Tianmao (000627) has a cash option declaration period from September 15, 2025, to September 19, 2025[1] - Tianpu Co., Ltd. (605255) announced significant trading activity on September 3, 2025[1] Market Volatility - Kaipu Cloud (688228) reported severe abnormal fluctuations on August 30, 2025[1] - Xinhua Jin (600735) experienced significant trading activity on August 30, 2025[1] - ST Chuntian (600381) had notable trading activity on September 3, 2025[1] Other Notable Announcements - ST Er Ya (600107) reported trading activity on September 3, 2025[1] - Shanghai Electric Power (600021) had significant trading activity on September 3, 2025[1] - ST Gao Hong (000851) reported trading activity on September 3, 2025[1]

Company Overview - Shengda Resources experienced a decline of 5.34% on September 3, with a stock price of 19.34 CNY per share, a trading volume of 681 million CNY, a turnover rate of 5.10%, and a total market capitalization of 13.344 billion CNY [1] - Shengda Metal Resources Co., Ltd. is located in Fengtai District, Beijing, and was established on June 22, 1995, with its listing date on August 23, 1996. The company primarily engages in the production and sale of silver-lead concentrate and zinc concentrate, as well as non-ferrous metal trading [1] Revenue Composition - The revenue composition of Shengda Resources is as follows: lead concentrate (including silver) accounts for 46.04%, non-ferrous metal trading 23.91%, zinc concentrate (including silver) 20.44%, renewable energy metals 5.26%, silver ingots 2.28%, others 1.05%, and gold 1.02% [1] Fund Holdings - According to data from the top ten holdings of funds, one fund under Penghua Fund has a significant position in Shengda Resources. The Penghua Research-Driven Mixed Fund (006230) held 50,300 shares in the second quarter, representing 2.47% of the fund's net value, ranking as the ninth largest holding [2] - The Penghua Research-Driven Mixed Fund (006230) was established on September 14, 2018, with a latest scale of 30.38 million CNY. Year-to-date returns are 40.39%, ranking 1168 out of 8180 in its category; the one-year return is 56.51%, ranking 1983 out of 7967; and since inception, the return is 107.63% [2] Fund Manager Information - The fund manager of the Penghua Research-Driven Mixed Fund (006230) is Jiang Canhui, who has been in the position for 91 days. The total asset size of the fund is 30.38 million CNY, with the best fund return during the tenure being 32.36% and the worst also being 32.36% [3]

Group 1 - The company announced that its subsidiary, Sichuan Honglin Mining Co., Ltd., has received approval for trial production at the Caiyuanzi Copper-Gold Mine, which will last for three months from September 10, 2025, to December 10, 2025 [2][5] - The mine has a total identified resource of 6.056 million tons of ore, with gold resources amounting to 17,049 kilograms and copper resources of 29,015 tons [5] - The trial production is expected to enhance the company's gold output and core competitiveness, although the formal production timeline remains uncertain [5] Group 2 - The company's stock experienced abnormal trading fluctuations, with a cumulative price increase exceeding 20% over three consecutive trading days [8] - The company confirmed that there are no undisclosed significant matters that could affect stock trading prices, and its production and operational environment remain stable [9][10] - The company has not engaged in any stock trading by its controlling shareholders during the abnormal trading period [10] Group 3 - The company is providing a guarantee for a financing lease of RMB 150 million for its subsidiaries, Hunan Jinye Environmental Technology Co., Ltd. and Inner Mongolia Jinshan Mining Co., Ltd. [15][16] - The financing lease is aimed at meeting the working capital needs of the subsidiaries and does not constitute a related party transaction [26][27] - The total approved guarantee amount by the company and its subsidiaries is RMB 6 billion, which is 197.16% of the latest audited net assets [28]

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：000603 证券简称：盛达资源 公告编号：2025-049 3、试运行结束后及时按规定办理安全生产许可证。 二、对公司的影响及风险提示 公司持有鸿林矿业53%的股份，鸿林矿业是公司的控股子公司。鸿林矿业工业矿体累计查明资源量（探 明+控制+推断）矿石量605.6万吨，金金属资源量17,049千克，平均品位2.82克/吨；铜金属资源量29,015 吨，平均品位0.48%。低品位矿资源量（探明+控制+推断）矿石量39.4万吨，金金属资源量120千克，平 均品位0.30克/吨；铜金属资源量1,164吨，平均品位0.30%。鸿林矿业菜园子铜金矿采矿许可证有效期限 自2019年11月25日至2033年11月25日，证载开采矿种包括金矿、铜矿，生产规模39.60万吨/年，矿区面 积0.68平方公里，开采深度由3162米至2202米标高共由14个拐点圈定。 鸿林矿业菜园子铜金矿矿山试生产工作的开展有利于推进鸿林矿业早日投产，提高公司黄金产量及核心 竞争力。本次木里县应急管理局同意鸿林矿业试生产不会对公司当期经营业绩产生重大影响，鸿林矿业 按规定办理安全生产许可证 ...

Group 1 - The company has received approval from the Muli County Emergency Management Bureau for Sichuan Honglin Mining Co., Ltd. to commence trial production at the Caiyuanzi Copper-Gold Mine [1][2] - Honglin Mining has completed infrastructure construction and is now permitted to begin trial production from September 10 to December 10 [1] - The company holds a 53% stake in Honglin Mining, which is a subsidiary, and the mine has a total identified resource of 6.056 million tons of ore, with gold resources of 17,049 kilograms and copper resources of 29,015 tons [1] Group 2 - The trial production at the Caiyuanzi Copper-Gold Mine is expected to enhance the company's gold output and core competitiveness [2] - The approval for trial production is not anticipated to have a significant impact on the company's current operating performance, and the formal production timeline remains uncertain [2] - The mining license is valid from November 25, 2019, to November 25, 2033, with an annual production capacity of 396,000 tons [1]

Core Viewpoint - The price of gold has reached a historical high, surpassing $3500 per ounce, with a year-to-date increase of over 33% [2]. Group 1: Gold Price Trends - On September 1, COMEX gold futures peaked at $3552.4 per ounce, marking a continuous rise for five trading days [8]. - As of the latest report, COMEX gold is priced at $3565.44 per ounce, while London spot gold is at $3494.41 per ounce [8]. - The price of gold in Shenzhen's Shui Bei market is reported at 811 CNY per gram for purchase and 789 CNY per gram for recycling [4]. Group 2: Consumer Behavior - There has been a noticeable increase in consumer activity in Shenzhen's Shui Bei, with many purchasing gold jewelry [6]. - A local jewelry manager indicated that the price of 800 CNY per gram is a significant threshold for retail business, suggesting potential for further price increases [8]. Group 3: Domestic Market Response - Domestic gold jewelry prices have also risen significantly, with brands like Chow Tai Fook and Lao Miao reporting increases in their gold jewelry prices [13]. - The main gold futures contract on the Shanghai Futures Exchange closed at 800.56 CNY, marking a 2.08% increase [12]. Group 4: Silver Market Trends - COMEX silver futures reached a new high of $41.64 per ounce, with a year-to-date increase of 41%, surpassing the increase in gold prices [8]. - The current price of silver on COMEX is $41.70 per ounce, reflecting a 2.39% increase [9]. Group 5: Market Outlook - Analysts suggest that the gold market may maintain a strong upward trend due to ongoing expectations of interest rate cuts by the Federal Reserve and rising geopolitical risks [14]. - Technical analysis indicates that gold may target $3550 per ounce, with support around $3450 per ounce [14].

Summary of Shengda Resources Conference Call Company Overview - Shengda Resources has strategically positioned itself in the precious metals sector through the acquisition of Honglin Mining, currently controlling 7 mines, including operating lead-zinc and silver-gold mines, as well as copper-gold mines awaiting production [2][3][4] Key Growth Points - **Short-term Growth**: Expansion at Yindu Mining and technological upgrades at Jinshan Mining are expected to drive short-term growth. The company anticipates significant increases in silver production from 2025 to 2027, with silver output projected to reach 138.6 tons in 2024 and 174 tons in 2025 [2][4][5] - **Mid-term Growth**: The production launch of Dongsheng Mining and the ramp-up of Caiyuzi Gold Mine are expected to support mid-term growth, with gold production projected to reach 1.3 tons by 2026 [2][4][5] - **Long-term Growth**: The company is actively integrating exploration and mining rights in the northern region, which is expected to enhance silver production by 10 tons annually [2][4][8] Financial Performance - Shengda Resources has shed historical burdens and is expected to return to positive operational performance. The company’s subsidiaries are gradually releasing capacity, with the Honglin Caiyuzi Copper-Gold project expected to produce approximately 396,000 tons of gold annually [2][6][8] - The net profit from Yindu Mining reached 370 million yuan, indicating stable contributions from lead-zinc operations [7] Market Dynamics - The silver market is characterized by tight supply due to limited new silver mining projects and the production cycles of primary minerals like lead, zinc, and copper. The demand for silver, particularly from the photovoltaic industry, remains robust despite concerns over potential substitutes [4][16][18] - The silver-to-gold ratio has widened, reaching 86.77 by the end of August, influenced by economic downturns affecting silver's industrial demand. Historical data suggests that this ratio may correct during economic recoveries [12][10] Supply and Demand Insights - Global silver supply is concentrated in a few countries, with 70% of reserves located in Peru and Australia. The production of silver is heavily reliant on by-products from other mining operations [13][14] - The overall silver production is expected to face challenges due to declining ore grades and insufficient capital expenditures in the mining sector. The average time from discovery to production for a new mine is projected to be 28 years [15][18] Future Projections - Shengda Resources is projected to achieve a net profit of approximately 495 million yuan in 2025, with a PE ratio of about 23 times. Future valuations suggest potential growth, with estimates indicating a valuation of around 13 times by 2026 if gold prices reach 10,000 yuan per kilogram [19]

Group 1 - The company, Shengda Metal Resources Co., Ltd., experienced abnormal stock trading fluctuations on August 29 and September 1, 2025, as per the Shenzhen Stock Exchange regulations [1] - The company conducted an investigation regarding the abnormal trading and confirmed that there are no undisclosed significant matters that could impact stock trading [1][1] - The board of directors confirmed that there are no undisclosed matters that should be reported according to the Shenzhen Stock Exchange listing rules, and previous disclosures do not require correction or supplementation [1][1]

证券代码：000603 证券简称：盛达资源 公告编号：2025-051 一、股票交易异常波动的情况介绍 盛达金属资源股份有限公司（以下简称"公司"或"本公司"）股票（证券 简称：盛达资源，证券代码：000603）于 2025 年 8 月 29 日、2025 年 9 月 1 日、 2025 年 9 月 2 日连续 3 个交易日收盘价格涨幅偏离值累计超过 20%。根据《深 圳证券交易所交易规则》的有关规定，属于股票交易异常波动情况。 二、公司关注、核实情况说明 针对公司股票交易异常波动情况，公司对有关事项进行了核查，并函询了公 司控股股东及实际控制人，现将有关情况说明如下： 1、公司前期披露的信息不存在需要更正、补充之处。 2、公司未发现近期公共传媒报道了可能或已经对公司股票交易价格产生较 大影响的未公开重大信息。 盛达金属资源股份有限公司 股票交易异常波动公告 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。 3、公司近期生产经营正常，内外部经营环境未发生重大变化。 的信息；公司前期披露的信息目前无需更正、补充。 四、风险提示 1、经自查，公司不存在违反信息公平披 ...

Group 1: Market Performance - On September 2, the industrial metals sector rose by 0.13%, with Silver Holdings leading the gains [1] - The Shanghai Composite Index closed at 3858.13, down 0.45%, while the Shenzhen Component Index closed at 12553.84, down 2.14% [1] Group 2: Individual Stock Performance - Silver Holdings (601212) closed at 4.26, up 10.08% with a trading volume of 837,200 shares and a transaction value of 357 million [1] - Shengda Resources (000603) closed at 20.43, up 6.68% with a trading volume of 849,900 shares and a transaction value of 1.692 billion [1] - Zhuozhi Group (600961) closed at 15.17, up 6.23% with a trading volume of 1,000,600 shares and a transaction value of 1.516 billion [1] - Yuguang Gold Lead (600531) closed at 10.45, up 5.45% with a trading volume of 1,717,900 shares and a transaction value of 1.775 billion [1] - Tianshan Aluminum (002532) closed at 10.52, up 5.41% with a trading volume of 994,100 shares and a transaction value of 1.048 billion [1] Group 3: Fund Flow Analysis - The industrial metals sector experienced a net outflow of 3.425 billion from main funds, while retail funds saw a net inflow of 1.723 billion [2] - Silver Holdings (601212) had a main fund net inflow of 77.0865 million, but a net outflow from retail funds of 38.1897 million [2] - Shengda Resources (000603) had a main fund net inflow of 33.2902 million, with a net outflow from retail funds of 80.5410 million [2]