Group 1 - The company Tongling Nonferrous Metals announced that the "Tongling Ding 02" bonds will be forcibly redeemed if not converted by the close of trading on October 13, 2025 [1] - Following the redemption, "Tongling Ding 02" will be delisted from the Shenzhen Stock Exchange [1] - Investors holding "Tongling Ding 02" that are pledged or frozen are advised to解除质押 or freeze before the conversion deadline to avoid forced redemption [1]

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]

关于提前赎回铜陵定 02 的第一次提示性 公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 铜陵有色金属集团股份有限公司 证券代码：000630 证券简称：铜陵有色 公告编号：2025－065 债券代码：124024 债券简称：铜陵定 02 特别提示： 证券代码：000630 证券简称：铜陵有色 债券代码：124024 债券简称：铜陵定02 转股价格：3.20元/股 转股期限：2024年3月27日至2029年9月20日 1."铜陵定02"赎回价格：100.063元/张（含当期应计利息，当期年 利率为1.1%，且当期利息含税），扣税后的赎回价格以中国证券登记结算 有限责任公司深圳分公司（以下简称"中登公司"）核准的价格为准。 2.赎回条件满足日：2025年9月4日 3.赎回登记日：2025年10月10日 4.赎回日：2025年10月13日 5.停止转让日：2025年9月30日 6.停止转股日：2025年10月13日 10.根据安排，截至2025年10月13日收市后仍未转股的"铜陵定02"将 被强制赎回。本次赎回完成后，"铜陵定02"将在深圳证券交易所摘牌。 ...

Group 1 - The company announced the approval of the proposal for the early redemption of "Tongling Ding 02" bonds during the 24th meeting of the 10th Board of Directors [2]

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 出品：新浪财经公司研究院 作者：新消费主张/cici 截至2025年8月31日，工业金属行业（据申万二级）A股上市公司已完成2025年半年报的披露，对此我 们挑选了58家具有代表性的上市公司进行业绩比对分析。在我们选取的58家工业金属公司中，多数上市 公司业绩双增。 | | | 工业金属公司2025年上半年业绩-业绩亏损 | | | | --- | --- | --- | --- | --- | | 公司名称 | 营收 | 同比-营收 | 归母净利润 | 同比-归母净利润 | | 万顺新材 | 26.92 | -10.11% | -0.53 | 469.00% | | 宏创控股 | 14.48 | -13.82% | -1.18 | 539.64% | | 宜安科技 | 7.22 | -6.95% | -0.19 | -919.29% | | 白银有色 | 445.59 | -15.28% | -2.17 | -1859.82% | | 罗平锌电 | 5.21 | -25.97% | -0.92 | -3964.00% | | 利源股份 ...

Group 1 - The core viewpoint of the news is that Tongling Nonferrous Metals Group Co., Ltd. has seen a significant stock price increase of 5.2%, reaching 4.45 CNY per share, with a trading volume of 1.251 billion CNY and a turnover rate of 2.67%, resulting in a total market capitalization of 58.219 billion CNY [1] - The company, established on November 12, 1996, and listed on November 20, 1996, primarily engages in copper mining, smelting, and processing, with its main revenue sources being copper products (83.78%), gold and other by-products (13.58%), chemical and other products (2.18%), and others (0.46%) [1] Group 2 - From the perspective of fund holdings, Tianhong Fund has one fund heavily invested in Tongling Nonferrous, specifically the Tianhong CSI Industrial Nonferrous Metals Theme Index Fund A (017192), which reduced its holdings by 170,000 shares in the second quarter, now holding 480,000 shares, accounting for 3.6% of the fund's net value, ranking as the eighth largest holding [2] - The Tianhong CSI Industrial Nonferrous Metals Theme Index Fund A, established on May 30, 2023, has a latest scale of 10.5275 million CNY, with a year-to-date return of 44.28%, ranking 250 out of 4222 in its category, and a one-year return of 64.16%, ranking 975 out of 3795 [2] - The fund manager, He Yuxuan, has a tenure of 4 years and 68 days, with the fund's total asset size at 11.448 billion CNY, achieving the best return of 75.86% and the worst return of -57.47% during his tenure [2]

Group 1 - The company issued 21,460,000 convertible bonds with a face value of 100 RMB each, raising a total of 2,146,000,000 RMB [1] - The convertible bonds, named "铜陵定02" with code "124024", will be listed on the Shenzhen Stock Exchange starting March 6, 2024 [1] - In September 2023, 财通基金管理有限公司 subscribed to 10,000,000 of these bonds, representing 46.60% of the total issuance [1] Group 2 - From December 31, 2024, to August 29, 2025, 财通基金 reduced its holdings by a total of 3,100,000 bonds through selling 50,000 bonds and converting 3,050,000 bonds [2] - Additionally, from August 30 to September 1, 2025, 财通基金 further reduced its holdings by 100,000 bonds through conversion, which is 0.47% of the total issuance [2]

Group 1 - The board of directors of Tongling Nonferrous Metals Group Co., Ltd. held its 24th meeting on September 4, 2025, where all directors unanimously agreed to waive the notice period for the meeting [1] - The meeting was attended by 8 directors, with 4 present in person and 4 participating via communication voting, ensuring compliance with the Company Law and the company's articles of association [1] - The board approved the proposal for the early redemption of the "Tongling Ding 02" bonds [1][2] Group 2 - The voting results for the proposal showed 8 votes in favor, with no votes against or abstentions [2] - The company disclosed additional documents related to the early redemption, including a verification opinion from Guotai Junan Securities Co., Ltd. and a legal opinion from Anhui Chengyi Law Firm [2]

Group 1 - The core opinion of the article is that Tongling Nonferrous Metals Group Co., Ltd. has met the necessary conditions for the early redemption of its convertible bonds, and the legal opinion confirms the compliance with relevant regulations [1][2][4] - The convertible bonds were issued with a total amount not exceeding 2.146 billion yuan, with a maturity period of 6 years from September 21, 2023, to September 20, 2029 [1][2] - The initial conversion price of the bonds was set at 3.38 yuan per share, which was adjusted to 3.30 yuan on June 7, 2024, and further adjusted to 3.20 yuan on June 23, 2025, due to equity distribution [1][2] Group 2 - The company has triggered the conditional redemption clause as its stock price has been above 130% of the conversion price for at least 15 trading days within a 30-day period [2] - The redemption process has received necessary approvals from the board and is in compliance with the relevant management regulations [2][3] - The company is required to fulfill subsequent information disclosure obligations regarding the redemption [2][3]

Core Viewpoint - The company has announced the early redemption of its convertible bond "Tongling Ding 02" due to the stock price exceeding the conditional redemption threshold, leading to the bond's delisting from the Shenzhen Stock Exchange [1][2][3]. Group 1: Convertible Bond Details - The convertible bond "Tongling Ding 02" has a conversion price of 3.20 CNY per share and a term from March 27, 2024, to September 20, 2029, with an interest rate of 1.1% [1][2]. - The bond was issued to raise a maximum of 2.146 billion CNY, with a total of 21.46 million bonds issued [1][2]. - The bond's initial conversion price was adjusted from 3.38 CNY to 3.30 CNY, and then to 3.20 CNY [1][2]. Group 2: Redemption Conditions - The redemption condition was triggered as the company's stock price was above 130% of the conversion price (4.16 CNY) for 15 consecutive trading days [1][2]. - The company has the right to redeem the bonds if the stock price condition is met or if the remaining unconverted bond balance is less than 30 million CNY [2][3]. Group 3: Redemption Implementation - The redemption price is set at 100.063 CNY per bond, which includes accrued interest [3][4]. - The redemption will be executed on October 20, 2025, with the redemption registration date being October 10, 2025 [4][5]. - After the redemption, "Tongling Ding 02" will be delisted from the Shenzhen Stock Exchange [1][4]. Group 4: Additional Information - Holders of the convertible bonds must apply for conversion through their securities company, with a minimum conversion unit of 1 bond [5][6]. - The company has confirmed that there were no transactions of "Tongling Ding 02" by major shareholders or executives in the six months prior to the redemption condition being met [4].