（文章来源：每日经济新闻） 国城矿业（000688.SZ）10月28日在投资者互动平台表示，公司全资子公司中都矿产采矿权内共保有矿 石量992.43万吨，金金属量16.226吨，未来公司将积极推进增储相关工作。公司硫精矿含硫品位40%左 右。 每经AI快讯，有投资者在投资者互动平台提问：请问公司旗下矿山总共有多少黄金储量？还有增储空 间吗？公司所生产销售的硫精矿品位是多少？ ...

（记者 王晓波） 国城矿业（000688.SZ）10月28日在投资者互动平台表示，金鑫矿业5000吨/天选矿厂项目目前已完成主 体工程建设。公司将协助金鑫矿业根据实际进度稳步推进后续工作，力争早日实现达产目标。 每经AI快讯，有投资者在投资者互动平台提问：请问金鑫矿业5000吨/天产能升级项目现在是否已经建 成？开始投产了吗？ ...

Group 1 - The public consultation period for the "two-in-one plan" of Jinxin Mining's Daba Lithium Mine project has concluded [1] - The plan passed the review by the Ministry of Natural Resources in late September [1] - Jinxin Mining is currently preparing the materials for the mining rights application as per the relevant requirements [1]

Investment Rating - Industry rating: Recommended [3] Core Insights - The report emphasizes the strategic revaluation of key metals, particularly focusing on rare earths and cobalt [24] - Nickel prices are expected to be supported due to tightened supply expectations following Indonesia's new regulation reducing the approval cycle for mining plans from three years to one year [26][27] - Cobalt prices have continued to rise, with expectations of increasing supply tightness further driving prices up [30][33] - Antimony supply is expected to remain tight, providing a bottom support for antimony prices [34] - Lithium carbonate prices are projected to remain strong due to ongoing demand and inventory depletion [16] - China's dominance in rare earth supply is reinforced by stricter export controls, which are expected to support rare earth prices [18] - Tin supply remains uncertain due to ongoing challenges in overseas supply, which is expected to support tin prices [19] - Tungsten prices are supported by a tightening supply situation, with production rates slowing down [20] - Uranium supply tightness is anticipated to continue, supporting uranium prices [21] Summary by Sections Nickel and Cobalt Industry Update - Indonesia's new regulation on mining approvals is expected to tighten future ore supply, supporting nickel prices [26] - As of October 24, LME nickel price was $15,085 per ton, up 1.04% from October 17 [26] - Cobalt prices have risen significantly, with electrolytic cobalt reaching 408,500 CNY per ton, a 6.94% increase [30] Antimony Industry Update - Domestic antimony prices have decreased, but long-term supply tightness is expected to support prices [34] - China's antimony production is projected to dominate global supply, accounting for 60% of the total [34] Lithium Industry Update - Lithium carbonate prices have increased, with a market average of 73,700 CNY per ton as of October 24 [16] - Demand from the battery sector continues to drive price support [16] Rare Earth Industry Update - China's strict export controls on rare earths are expected to tighten supply and support prices [18] - The report highlights the importance of China's role in the global rare earth supply chain [18] Tin Industry Update - Tin prices are supported by supply uncertainties, particularly from Myanmar and Indonesia [19] - As of October 24, LME tin price was $35,925 per ton, up 2.42% from October 17 [19] Tungsten Industry Update - The tungsten supply situation is tightening, with production rates slowing down [20] - Prices for tungsten concentrate have increased, reflecting supply constraints [20] Uranium Industry Update - The report indicates a continued tight supply situation for uranium, supporting price stability [21] - Recent production guidance reductions from major suppliers are expected to impact future supply [21]

Group 1 - The company has a total ore reserve of 9.9243 million tons and a gold metal content of 16.226 tons in its wholly-owned subsidiary, Zhongdu Mining [2] - The company is currently in the process of handling pre-construction procedures for a 350,000 tons/year mining expansion project [2]

Core Viewpoint - Guocheng Mining's stock price has shown volatility, with a year-to-date increase of 21.61% but a recent decline of 7.31% over the past five trading days, indicating potential market fluctuations and investor sentiment changes [2]. Company Overview - Guocheng Mining Co., Ltd. is located in Fengtai District, Beijing, and was established on November 10, 1978, with its stock listed on January 20, 1997. The company primarily engages in lead-zinc mining and related businesses [2]. - The revenue composition of Guocheng Mining includes: titanium dioxide (53.55%), zinc concentrate (21.05%), iron concentrate (8.37%), lead concentrate (4.38%), copper concentrate (3.87%), silver concentrate (2.92%), sulfuric acid (2.91%), sulfur concentrate (1.81%), others (1.04%), and sulfur iron powder (0.09%) [2]. Stock Performance - As of October 16, Guocheng Mining's stock price was 14.46 CNY per share, with a market capitalization of 16.273 billion CNY. The stock experienced a trading volume of 91.2848 million CNY and a turnover rate of 0.55% [1]. - The net outflow of main funds was 9.2851 million CNY, with significant selling pressure observed [1]. Financial Performance - For the period from January to June 2025, Guocheng Mining achieved a revenue of 1.085 billion CNY, representing a year-on-year growth of 39.74%. The net profit attributable to shareholders was 521 million CNY, showing a remarkable increase of 1111.34% [2]. Shareholder Information - As of September 19, the number of shareholders for Guocheng Mining was 25,800, a decrease of 2.35% from the previous period. The average circulating shares per person increased by 2.40% to 43,643 shares [2]. - The company has distributed a total of 235 million CNY in dividends since its A-share listing, with 59.2363 million CNY distributed over the past three years [3]. Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited was the eighth largest circulating shareholder, holding 6.641 million shares, a decrease of 571,200 shares compared to the previous period [3].

特别提示： 1、国城矿业股份有限公司（以下简称"公司"）于 2024 年 12 月 18 日披露 的《国城矿业股份有限公司重大资产购买暨关联交易预案》（以下简称"本次交 易预案"）及其摘要中已对本次交易涉及的有关风险因素及尚需履行的审批程序 进行了详细说明，公司将根据相关事项的进展情况，及时履行信息披露义务，提 请广大投资者关注后续进展公告并注意投资风险。 证券代码：000688 证券简称：国城矿业 公告编号：2025-081 国城矿业股份有限公司 关于重大资产重组的进展公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在任何虚假记载、误 导性陈述或者重大遗漏。 2025 年 3 月 18 日，公司披露了《国城矿业股份有限公司关于重大资产重组 的进展公告》（公告编号：2025-030）； 2、截至本公告披露日，除本次交易预案中披露的有关风险因素外，公司尚 未发现可能导致公司董事会或者交易对方撤销、中止本次重组方案或者对本次重 组方案作出实质性变更的相关事项，本次交易工作正在有序进行中。 一、本次交易的基本情况 公司拟通过支付现金和承担债务的方式购买国城控股集团有限公司持有的 内蒙古国城实业有限公司 ...

| 证券代码：000688 | 证券简称：国城矿业 | 公告编号：2025-079 | | --- | --- | --- | | 债券代码：127019 | 债券简称：国城转债 | | 国城矿业股份有限公司 2025 年第三季度可转换公司债券转股情况公告 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。 特别提示： | 证券代码：000688 | 证券简称：国城矿业 | | --- | --- | | 债券代码：127019 | 债券简称：国城转债 | | 转股价格：人民币12.58元/股 | | | 转股期限：2021年1月21日至2026年7月14日 | | 根据《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15号——可转换公司债券》等有关规定，国城矿业股份有限公司（以下简 称"公司"）现将2025年第三季度可转换公司债券（以下简称"可转债"）转股 及公司股份变动的情况公告如下： 一、可转换公司债券发行上市概况 （一）可转换公司债券发行情况 经中国证券监督管理委员会"证监许可[2020]1032号文"《关于核准国城矿 业股份有限公司 ...

证券代码：000688 证券简称：国城矿业 公告编号：2025-080 国城矿业股份有限公司 2025 年第七次临时股东大会决议公告 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。 特别提示： •本次股东大会无否决议案的情形。 •本次股东大会不涉及变更以往股东大会已通过的决议情形。 一、会议召开和出席情况 1、会议召开情况 现场会议时间：2025 年 10 月 9 日（星期四）下午 14:30 开始 网络投票时间：2025 年 10 月 9 日 其中，通过深圳证券交易所交易系统进行网络投票的具体时间为 2025 年 10 月 9 日的交易时间，即 9:15-9:25、9:30-11:30 和 13:00-15:00；通过深圳证券交易 所互联网系统投票的具体时间为：2025 年 10 月 9 日 9:15-15:00 期间的任意时间。 现场会议地点：北京市丰台区南四环西路 188 号 16 区 19 号楼 16 层会议室 召开方式：本次会议采取现场投票与网络投票相结合的方式 会议召集人：公司第十二届董事会 会议主持人：公司董事长吴城先生 本次股东大会的召开符合《 ...

北京海润天睿律师事务所 关于国城矿业股份有限公司 2025 年第七次临时股东大会的法律意见书 中国·北京 北京市朝阳区建外大街甲 14 号广播大厦 5/9/10/13/17 层 邮编：100022 电话：（010）65219696 传真：（010）88381869 法律意见书 北京海润天睿律师事务所 关于国城矿业股份有限公司 2025 年第七次临时股东大会的法律意见书 致：国城矿业股份有限公司 根据《中华人民共和国公司法》（以下简称《公司法》）、《中华人民共和国证 券法》（以下简称《证券法》）、《上市公司股东会规则》（以下简称《股东会规则》） 以及其他相关规章的规定，北京海润天睿律师事务所（以下称"本所"）接受国城 矿业股份有限公司（以下简称"公司"）委托，指派本所王士龙、王羽律师（以下 称"本所律师"）现场出席公司 2025 年第七次临时股东大会，并就本次股东大会 的召集和召开程序、出席会议人员及会议召集人资格、审议事项以及表决方式、 表决程序、表决结果等相关事项依法进行见证。 本所律师已审查了公司提供的召开本次股东大会的有关文件。公司已向本所 及本所律师承诺其所提供的文件和所作的陈述、说明是完整、真实和有 ...