（文章来源：证券日报） 证券日报网讯 2月25日，合金投资在互动平台回答投资者提问时表示，公司镍基合金材料主要产品为 K500、I718、R405等高强度耐蚀材料和焊接材料、电热合金材料等。 ...

Company - Alloy Investment (000633) held a temporary shareholders' meeting on December 29, 2025, to approve the proposal regarding the expected daily related transactions for the year 2026, which may impact its operational activities in 2026 [1][2] Industry - As a company in the non-ferrous metals and new materials sector, Alloy Investment may be influenced by overall industry dynamics, such as the recent increase in tungsten prices and other supply-demand factors, although no specific new announcements related to the company have been found [1][3]

证券日报网讯 2月10日，合金投资在互动平台回答投资者提问时表示，公司严格按照监管部门信息披露 规则，认真和及时地履行信息披露义务。 （文章来源：证券日报） ...

Group 1 - The article discusses the potential catalysts for the non-ferrous metal industry, particularly focusing on copper resources and strategic reserves [1][5]. - The Non-Ferrous Metals Industry Association emphasizes the need to improve copper resource reserves and expand national strategic reserves, suggesting the inclusion of copper concentrate in reserve considerations [5]. - Key companies involved in copper mining and processing are listed, including Zijin Mining, Luoyang Copper, Jiangxi Copper, and others, indicating a competitive landscape in the copper sector [6].

Key Insights on Infrastructure Investment Opportunities - A seasonal infrastructure construction boom occurs from the end of the Spring Festival to the conclusion of the National People's Congress, lasting approximately 1-1.5 months, presenting significant investment opportunities[2] - The report identifies 10 strong sub-sectors with high odds and win rates, including engineering consulting services, environmental equipment, environmental governance, general equipment, specialized engineering, non-metallic materials, new metallic materials, specialized equipment, decoration, and plastics, with average returns of 12-15% and excess returns of 4-8% over the past decade[2][10] Selected Stocks from Strong Sub-sectors - The report highlights a portfolio of 18 stocks selected from the 10 strong sub-sectors based on a scoring model, which includes: - Engineering consulting: Qidi Design (average excess return 22.7%, win rate 100%) and Jian Ke Yuan (average excess return 16.4%, win rate 100%)[3][19] - Environmental equipment: Xianhe Environmental (average excess return 11.7%, win rate 90%) and Senyuan Co. (average excess return 12.2%, win rate 80%)[3][20] - Environmental governance: Shanghai Washba (average excess return 36.0%, win rate 100%) and Dechuang Environmental (average excess return 19.1%, win rate 89%)[3][23] - General equipment: Jialitu (average excess return 35.3%, win rate 100%) and Jinyang Sun (average excess return 28.8%, win rate 100%)[3][26] Performance and Risk Considerations - The selected 10 strong sub-sectors have consistently shown high absolute and excess return probabilities, with a stable performance track record over the past decade[10][13] - Risks include limitations of comparative studies, market learning effects leading to volatility, unexpected market downturns, and individual stock risks impacting the overall portfolio[4]

Group 1 - The core viewpoint of the news is that Alloy Investment has shown significant stock performance and financial growth, with a notable increase in both stock price and revenue [1][2]. Group 2 - As of January 26, Alloy Investment's stock price increased by 2.10% to 8.25 CNY per share, with a market capitalization of 3.177 billion CNY [1]. - The company has experienced a year-to-date stock price increase of 14.42%, with a 6.04% rise over the last five trading days and a 24.62% increase over the last 60 days [1]. - The main business revenue composition includes alloy bars (39.81%), transportation services (36.90%), alloy wires (21.93%), and others (1.37%) [1]. Group 3 - For the period from January to September 2025, Alloy Investment achieved an operating income of 230 million CNY, representing a year-on-year growth of 54.61%, and a net profit attributable to shareholders of 7.2581 million CNY, up 124.87% year-on-year [2]. - The number of shareholders increased by 13.08% to 25,500, while the average circulating shares per person decreased by 11.56% to 15,110 shares [2]. - The company has cumulatively distributed dividends of 16.0461 million CNY since its A-share listing, with no dividends distributed in the last three years [2].

Group 1 - The core viewpoint of the news is that Alloy Investment has shown significant stock performance and financial growth in recent months, indicating a positive trend for the company [1][2]. - As of January 23, Alloy Investment's stock price increased by 2.02% to 8.09 CNY per share, with a total market capitalization of 3.116 billion CNY [1]. - The company has experienced a year-to-date stock price increase of 12.21%, with notable gains of 6.03% over the last five trading days, 9.03% over the last 20 days, and 19.50% over the last 60 days [1]. Group 2 - For the period from January to September 2025, Alloy Investment reported a revenue of 230 million CNY, representing a year-on-year growth of 54.61% [2]. - The net profit attributable to shareholders for the same period was 7.258 million CNY, showing a substantial increase of 124.87% compared to the previous year [2]. - The company has a total of 25,500 shareholders as of September 30, which is an increase of 13.08% from the previous period, while the average circulating shares per person decreased by 11.56% to 15,110 shares [2].

Group 1 - The company Alloy Investment responded to investor inquiries regarding the applications of its nickel alloy materials [2] - The company advised investors to refer to relevant announcements and periodic reports disclosed on the Shenzhen Stock Exchange website [2]

Market Performance - The metal new materials sector increased by 0.54% compared to the previous trading day, with Jiangnan New Materials leading the gains [1] - The Shanghai Composite Index closed at 4116.94, up 0.08%, while the Shenzhen Component Index closed at 14255.12, up 0.7% [1] Stock Performance - Jiangnan New Materials (603124) closed at 94.74, up 7.61% with a trading volume of 27,100 lots and a transaction value of 251 million [1] - Other notable performers include: - Placo New Materials (300811) at 82.19, up 5.16% with a transaction value of 1.044 billion [1] - Zhongke Sheng (301141) at 60.25, up 3.26% with a transaction value of 279 million [1] - Longmag Technology (300835) at 73.13, up 2.54% with a transaction value of 387 million [1] Capital Flow - The metal new materials sector experienced a net outflow of 331 million from institutional investors, while retail investors saw a net inflow of 450 million [2] - The capital flow for specific stocks shows: - Antai Technology (000970) had a net inflow of 71.96 million from institutional investors [3] - Jiangnan New Materials (603124) had a net inflow of 14.30 million from institutional investors [3] - Longmag Technology (300835) had a net inflow of 6.97 million from institutional investors [3]

Group 1 - The core viewpoint of the article highlights the growth in the number of enterprises in the non-ferrous metal mining and selection industry in China, with a total of 1,390 enterprises reported for the period from January to November 2025, marking an increase of 38 enterprises or a year-on-year growth of 2.81% [1] - The proportion of non-ferrous metal mining enterprises in the total industrial enterprises stands at 0.26% [1] - The report referenced is the "2026-2032 China Non-Ferrous Metal Industry Market Development Status and Competitive Landscape Forecast Report" published by Zhiyan Consulting [1] Group 2 - The data source for the statistics on the number of non-ferrous metal mining enterprises is the National Bureau of Statistics, organized by Zhiyan Consulting [2] - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in deep industry research and providing comprehensive industry solutions to empower investment decisions [2]