Group 1 - The core point of the news is the performance and changes in the top holdings of the招商信用增强债券型基金, which reported a net value growth rate of 7.78% over the past year [1] - The fund's top ten holdings saw the addition of new stocks including 海康威视, 中国国航, 东方钽业, 佰维存储, 航亚科技, 华鲁恒升, and 漫步者 [1] - 盛达资源 became the fund's largest holding with an increase of 137.4 million shares, while several stocks like 赛轮轮胎 and 国联股份 exited the top ten holdings [1] Group 2 - The detailed data of the top holdings includes the number of shares held and their market value, with 海康威视 holding 199.49 thousand shares valued at 0.63 billion, and 盛达资源 holding 277.37 thousand shares valued at 0.73 billion [1] - The fund's strategy reflects a significant increase in positions for stocks like 盛达资源 and 卫星化学, with increases of 98.16% and 103.52% respectively [1] - The report indicates a shift in investment focus, as several previous top holdings have been removed from the list, suggesting a reallocation of assets [1]

证券日报网讯 10月27日晚间，盛达资源发布2025年第三季度报告称，2025年第三季度公司实现营业收 入746，240，974.87元，同比增长36.98%；归属于上市公司股东的净利润为252，538，799.44元，同比 增长116.39%。 （文章来源：证券日报） ...

Core Viewpoint - Shengda Resources (000603) reported strong financial performance in Q3 2025, with revenue of 1.652 billion yuan, a year-on-year increase of 18.29%, and a net profit attributable to shareholders of 331 million yuan, up 71.51% year-on-year, driven by stable mining production, successful technological upgrades, and rising silver prices [1] Company Performance - The company's silver production capacity is accelerating, with a total identified silver metal volume of approximately 12,000 tons and control over seven mining resources, placing it in a leading position among domestic peers [2] - In H1 2025, the company's silver metal production increased by 34.97% year-on-year due to the implementation of core mining technological upgrades [2] - The Jinshan Mining project, one of the largest independent silver mines in China, has completed its 480,000 tons/year ore selection technological upgrade, enhancing recovery rates and reducing unit costs, thus optimizing profitability alongside production growth [2] Growth Potential - Shengda Resources is expanding its gold business through strategic acquisitions, with the Caiyuzi Copper-Gold Mine expected to contribute significantly to gold revenue growth [4] - The Caiyuzi Copper-Gold Mine has a production capacity of 396,000 tons/year and identified gold resources of approximately 17 tons, with a favorable geological setting for further exploration [4][5] - The mine has entered a trial operation phase as of September 2025, with full production expected by 2026, potentially yielding 1-1.5 tons of gold annually, enhancing profit margins due to low production costs [5] Industry Context - The recent surge in precious metal prices is attributed to multiple factors, including supply-demand fundamentals, market risk aversion, and macroeconomic monetary policies [6] - Investment institutions remain optimistic about further price increases in precious metals, driven by concerns over "stagflation" risks in the U.S. economy and expectations of interest rate cuts by the Federal Reserve [7]

Core Viewpoint - Shengda Resources (000603) reported strong financial performance for the first three quarters of 2025, with revenue of 1.652 billion yuan, a year-on-year increase of 18.29%, and a net profit attributable to shareholders of 323 million yuan, up 61.97% year-on-year, driven by stable mining production, successful technological upgrades, and rising silver prices [1] Company Performance - The company achieved a significant increase in net profit, with a non-GAAP net profit of 331 million yuan, reflecting a year-on-year growth of 71.51% [1] - The growth was supported by stable production from mines, effective technological improvements, and a steady rise in silver prices [1] Resource and Production Capacity - Shengda Resources has a substantial silver resource reserve of approximately 12,000 tons and controls seven mining resources, positioning it as a leader in the domestic industry [2] - The company’s silver production capacity is accelerating, with a 34.97% year-on-year increase in silver metal production in the first half of 2025 due to the implementation of core mining technological upgrades [2] - The Jinshan Mining project, one of the largest independent silver mines in China, has completed its technological upgrades, enhancing recovery rates and reducing costs, contributing to profit optimization [2] Expansion into Gold - The company is strategically expanding into gold through the acquisition of the Caiyuzi Copper-Gold Mine, which is expected to become a new growth driver for its gold business [4] - The Caiyuzi Copper-Gold Mine has a production capacity of 396,000 tons per year and contains approximately 17 tons of gold resources, with significant potential for further exploration and resource expansion [5] Industry Trends - The precious metals market is experiencing a bullish trend, driven by multiple factors including supply-demand dynamics, market risk aversion, and macroeconomic policies [6] - Analysts predict that precious metals will continue to rise, with concerns over "stagflation" in the U.S. economy and expectations of interest rate cuts by the Federal Reserve contributing to this outlook [7] Future Outlook - Market sentiment towards Shengda Resources remains optimistic, with several brokerages forecasting significant growth in net profit from 2025 to 2027, driven by high precious metal prices and the contribution from the Caiyuzi Copper-Gold Mine [7]

Core Insights - The company reported a revenue of 1.652 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 18.29% [1] - The net profit attributable to shareholders reached 323 million yuan, showing a significant year-on-year increase of 61.97% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 331 million yuan, reflecting a year-on-year growth of 71.51% [1]

每经AI快讯，盛达资源（SZ 000603，收盘价：24.07元）10月27日晚间发布公告称，公司第十一届第十 一次董事会会议于2025年10月27日以通讯表决方式召开。会议审议了《关于召开2025年第一次临时股东 大会的议案》等文件。 2025年1至6月份，盛达资源的营业收入构成为：有色金属矿采选业占比70.62%，有色金属贸易占比 23.91%，再生新能源金属占比5.26%，其他业务占比0.21%。 截至发稿，盛达资源市值为166亿元。 每经头条（nbdtoutiao）——独家丨民营船王入主杉杉集团横生枝节 重整联合体浮现神秘组局人 （记者 王晓波） ...

Market Overview - On October 27, the industrial metals sector rose by 2.27% compared to the previous trading day, with Huayu Mining leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Top Performers in Industrial Metals - Huayu Mining (601020) closed at 28.74, up 6.52%, with a trading volume of 467,700 shares and a transaction value of 1.319 billion [1] - Jiangxi Copper (600362) closed at 41.53, up 6.24%, with a trading volume of 968,300 shares and a transaction value of 3.974 billion [1] - Zhi'an Technology (300328) closed at 16.77, up 4.81%, with a trading volume of 570,800 shares and a transaction value of 941 million [1] Underperformers in Industrial Metals - Minfa Aluminum (002578) closed at 3.53, down 5.11%, with a trading volume of 603,400 shares and a transaction value of 214 million [2] - Jinhui Co. (603132) closed at 13.48, down 4.26%, with a trading volume of 101,500 shares and a transaction value of 137 million [2] - Yuguang Gold Lead (600531) closed at 12.25, down 4.22%, with a trading volume of 946,800 shares and a transaction value of 1.164 billion [2] Capital Flow Analysis - The industrial metals sector saw a net inflow of 432 million from institutional investors, while retail investors experienced a net outflow of 820 million [2] - Notable net inflows from institutional investors included Jiangxi Copper with 433 million and Luoyang Jiyie with 213 million [3] - Retail investors showed significant outflows in stocks like Jiangxi Copper and Zinc Industry Co., indicating a shift in investor sentiment [3]

格隆汇10月27日丨盛达资源(000603.SZ)公布三季度报告，前三季营业收入16.52亿元，同比增长 18.29%，归属于上市公司股东的净利润3.2亿元，同比增长61.97%，归属于上市公司股东的扣除非经常 性损益的净利润3.31亿元，同比增长71.51%。 ...

证券代码：000603 证券简称：盛达资源 公告编号：2025-060 盛达金属资源股份有限公司 关于日常关联交易预计的公告 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）日常关联交易概述 盛达金属资源股份有限公司（以下简称"公司"）及合并报表范围内子公司 （以下简称"子公司"）因日常生产经营需要，预计 2025 年度、2026 年度与关 联方发生各类日常关联交易总金额合计不超过 15,280.00 万元。2024 年度，公司 及子公司与关联方实际发生的各类日常关联交易总额为 14,767.50 万元。 公司于 2025 年 10 月 27 日召开第十一届董事会第十一次会议，以 6 票同意、 0 票反对、0 票弃权审议通过了《关于日常关联交易预计的议案》，关联董事赵庆 先生、赵敏女士、赵彦全先生回避表决。议案在提交公司董事会审议前，已经公 司独立董事专门会议审议，独立董事一致同意将该议案提交公司董事会审议。 根据《深圳证券交易所股票上市规则》及公司《关联交易管理制度》的规定， 连续 12 个月内，公司及子公司与同一关联人进行的交易（含本次关联交易）累 ...

证券代码：000603 证券简称：盛达资源 公告编号：2025-061 盛达金属资源股份有限公司 关于召开 2025 年第一次临时股东大会的通知 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、召开会议的基本情况 1、股东大会届次：2025 年第一次临时股东大会 2、股东大会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所 股票上市规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公 司规范运作》等法律、行政法规、部门规章、规范性文件及《公司章程》的有关 规定。 4、会议时间： （1）现场会议时间：2025 年 11 月 12 日 15:00 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 11 月 12 日 9:15—9:25，9:30—11:30，13:00—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 2025 年 11 月 12 日 9:15 至 15:00 的任意时 间。 5、会议的召开方式：现场表决与网络投票相结合。 6、会议的股权登记日：2 ...