Group 1 - The company announced the interest payment for the convertible bond "Guocheng Convertible Bond" for the period from July 15, 2024, to July 14, 2025, with an interest amount of 18.00 yuan (including tax) for every 10 bonds [1][3] - The bond has a face value of 1,000 yuan and the interest rates for the fifth and sixth years are set at 1.80% and 2.00%, respectively [1][2] - The interest payment will be made once a year, and the payment date is determined based on the issuance date of the bond [2][4] Group 2 - The company will not withhold income tax on the interest payments; however, bondholders are responsible for their own tax obligations [3][4] - Non-resident enterprises holding the bond will be exempt from corporate income tax and value-added tax on the interest income until December 31, 2025 [5] - The interest payment will be processed through China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, which will distribute the funds to the designated securities firms or other recognized institutions [4][5]

| 证券代码：000688 | 证券简称：国城矿业 | 公告编号：2025-053 | | --- | --- | --- | | 债券代码：127019 | 债券简称：国城转债 | | 国城矿业股份有限公司 "国城转债"2025 年付息公告 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： 国城矿业股份有限公司（以下简称"公司"）于2020年7月15日公开发行了850 万张可转换公司债券（债券简称："国城转债"，债券代码："127019"，以下简 称"本期债券"）。根据《国城矿业股份有限公司公开发行可转换公司债券募集 说明书》（以下简称"《募集说明书》"）有关条款的规定，在"国城转债"的 计息期限内，每年付息一次，现将2024年7月15日至2025年7月14日期间的付息事 项公告如下： 1 一、本期债券的基本情况 1、"国城转债"将于2025年7月15日按面值支付第五年利息，每10张"国城 转债"（面值1,000元）利息为18.00元（含税）。 2、债权登记日：2025年7月14日 3、除息日：2025年7月15日 4、付息日：2025年7月15日 ...

【导读】杠杆！激进？揭底350亿"国城系" 长袖善舞的"国城系"正面临关键一跃。 2024年12月18日，"国城系"旗下核心上市平台国城矿业披露重组预案，拟购买国城实业不低于60%股权。 国城实业旗下的大苏计钼矿等资源，使得此次交易对"国城系"颇为重要，不仅集团资产得以证券化，国城矿业也有望提升市值，化解控股股东高质押率问 题。 然而，半年多时间过去了，国城矿业重组依然停留在"预案"阶段。 作为A股近年来异军突起的一支"资本系"，"国城系"及其当家人吴城在短短数年间积累起巨额财富——国城矿业与众和股份合计市值超过300亿元，筹划装 入国城矿业的国城实业估值超过50亿元。即便不考虑其他资产，"国城系"旗下资产已超过350亿元。 "这是一家激进的公司，胆子大。"一位接近"国城系"的知情人士告诉记者。 记者调查发现，"国城系"发家过程中，擅长运用杠杆资金，发家初期与兰州银行等往来甚密。 杠杆扩张的另一面是资金紧张。"国城系"对国城矿业的持股悉数质押，而收购国城实业也因此成为化解风险的"关键一招"。一旦市场预期落空，国城矿业 股价或再度承压，超高的质押率恐引发连锁反应。 高杠杆入局A股 在A股初露锋芒，"国城系"就展 ...

| 证券代码：000688 | 证券简称：国城矿业 | 公告编号：2025-052 | | --- | --- | --- | | 债券代码：127019 | 债券简称：国城转债 | | 国城矿业股份有限公司 2025 年第二季度可转换公司债券转股情况 暨股份变动公告 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。 特别提示： | | | 债券代码：127019 债券简称：国城转债 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年第二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 业股份有限公司公开发行可转换公司债券的批复》的核准，公司于2020年7月15 日公开发行8,500,000张可转债，每张面值为人民币100.00元，发行总额为 85,000.00万元。 （二）可转换 ...

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The copper market shows a steady upward trend with LME copper prices increasing by 2.26% to $9,879.00 per ton, while domestic copper prices rose by 2.47% to 79,900 yuan per ton. Supply-side pressures are evident as the processing fee for imported copper concentrate has dropped to -$44.81 per ton, indicating potential supply constraints [1][13] - The aluminum market is stabilizing at the bottom, with LME aluminum prices up by 1.31% to $2,595.00 per ton. However, the operating rate of leading aluminum cable enterprises has decreased to 61.8%, reflecting ongoing demand challenges [2][14] - Gold prices have decreased by 2.90% to $3,286.10 per ounce, influenced by geopolitical tensions and a reduction in SPDR gold holdings, indicating a temporary decline in gold's safe-haven appeal [3][15] - The rare earth sector is experiencing upward momentum, driven by export controls and stable production levels, with expectations of improved supply-demand dynamics and potential price support [3][27][30] Summary by Sections 1. Overview of Bulk and Precious Metals Market - Copper prices are on the rise, with a slight increase in inventory and a decrease in processing fees indicating potential supply issues [1][13] - Aluminum prices are stabilizing, but demand remains weak as indicated by declining operating rates in the industry [2][14] - Precious metals, particularly gold, are facing downward pressure due to geopolitical factors and reduced investment interest [3][15] 2. Updates on Bulk and Precious Metals Fundamentals 2.1 Copper - The copper market is experiencing a robust demand outlook, with potential supply constraints due to declining processing fees and reduced operating rates in key sectors [1][13] 2.2 Aluminum - The aluminum market is stabilizing, but the demand outlook remains weak, as evidenced by declining operating rates in the aluminum cable sector [2][14] 2.3 Precious Metals - Gold prices are under pressure due to geopolitical tensions and a decrease in ETF holdings, reflecting a temporary decline in its safe-haven status [3][15] 3. Updates on Minor Metals and Rare Earths - The rare earth sector is expected to benefit from improved supply-demand dynamics and stable production levels, with potential price support anticipated [3][27][30] - The antimony market is facing downward price pressure, but upcoming regulatory changes may provide a demand boost [4][31] - Molybdenum prices are stabilizing, with low inventory levels and strong demand from the steel sector indicating a positive outlook [4][32] 4. Updates on Energy Metals - Lithium prices have shown slight declines, but production levels are increasing, indicating a stable supply outlook [5] - Cobalt prices have increased, reflecting strong demand in battery applications, while nickel prices are mixed with slight fluctuations [5]

Group 1 - The company, through its wholly-owned subsidiary Inner Mongolia Dongshengmiao Mining Co., Ltd., plans to donate RMB 1.95 million to the Urat Houqi People's Government for ecological restoration and improvement of living conditions in the local area [1][2] - The donation has been approved by the company's board of directors and does not exceed 3% of the company's latest audited net assets, thus not requiring shareholder approval [1][2] - The donation is aimed at addressing the deteriorating ecological environment in Urat Houqi, which has been affected by industrial development and harsh climatic conditions [1][2] Group 2 - The donation is expected to enhance the company's social image and influence while fulfilling its corporate social responsibility [2] - The funds for the donation are sourced from the subsidiary's own funds and will not have a significant impact on the company's current or future operating performance [2]

证券代码：000688 证券简称：国城矿业 公告编号：2025-051 国城矿业股份有限公司 对外捐赠公告 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、捐赠事项概述 为积极履行社会责任和促进当地发展，国城矿业股份有限公司（以下简称"公 司"）全资子公司内蒙古东升庙矿业有限责任公司（以下简称"东矿"）拟与乌 拉特后旗人民政府签订《人居环境整治资金捐赠协议》，捐赠人民币195万元用 于当地生态恢复建设、改善人居环境。本次对外捐赠事项已于2025年6月27日经 公司第十二届董事会第三十六次会议审议通过，含本次对外捐赠，公司连续十二 个月累计对外捐赠金额未超过公司最近一期经审计净资产的3%，根据《公司对 外捐赠管理制度》的规定，上述事项无需提交公司股东大会审议。本次对外捐赠 事项不构成关联交易。 甲方：乌拉特后旗人民政府 乙方：内蒙古东升庙矿业有限责任公司 乌拉特后旗地处巴彦淖尔市北部，荒漠、半荒漠化草原，面积大约2.1万平方 公里，约占全旗总面积的86%。受干旱少雨、风沙较大的气候条件影响，全旗生 态环境不断恶化，特别是西部大开发政策实施以来，随着工业经济的 ...

证券代码：000688 证券简称：国城矿业 公告编号：2025-050 特此公告。 国城矿业股份有限公司董事会 2025 年 6 月 27 日 国城矿业股份有限公司 第十二届董事会第三十六次会议决议公告 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。 国城矿业股份有限公司（以下简称"公司"）第十二届董事会第三十六次会议 通知于 2025 年 6 月 22 日以邮件和电话的方式发出，会议于 2025 年 6 月 27 日 以现场与通讯表决相结合的方式在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。本次会议应出席会议董事 8 名，实际出席会议董事 8 名。 本次会议由董事长吴城先生主持，公司部分监事及高级管理人员列席本次会议。 本次会议的召集、召开和表决程序均符合法律法规、规范性文件及《公司章程》 的有关规定，会议经表决形成如下决议： 审议通过《关于全资子公司对外捐赠的议案》 表决情况：8票赞成，0票反对，0票弃权。 具体内容详见与本公告同日刊登在公司指定信息披露媒体上的《对外捐赠公 告》。 ...

Core Viewpoint - The article discusses the significant financial and legal issues surrounding Huaming Equipment's divestiture of its subsidiary Guizhou Changzheng Electric Co., which was sold for 1 million yuan after being acquired for 398 million yuan six years prior. The divestiture was prompted by a lawsuit against Guizhou Changzheng for debt repayment, revealing deeper connections to a larger financial scheme involving multiple companies and individuals [1][2][6]. Group 1 - Huaming Equipment plans to transfer 100% of its subsidiary Guizhou Changzheng for 1 million yuan, a stark contrast to the 398 million yuan paid six years ago [1][2]. - The transfer is a direct result of a lawsuit against Guizhou Changzheng, which acted as a guarantor for a loan exceeding 270 million yuan [2][5]. - The investigation reveals that the loan was part of a larger scheme involving 11 billion yuan in loans to three "mini" trading companies, backed by a complex network of 16 guarantors [2][10][23]. Group 2 - The loans were issued by Lanzhou Bank, which later transferred the debt to Sanwei Huicheng, raising questions about the compliance and transparency of the lending process [3][36]. - The three borrowing companies, despite having minimal registered capital, received substantial loans due to the extensive guarantee network, which included individuals and companies with questionable financial health [22][23]. - The article highlights the intricate relationships between the borrowing companies and the guarantors, suggesting a coordinated effort to secure financing despite apparent risks [10][28]. Group 3 - The guarantors include individuals and companies linked to the "Galaxy System," which has a history of financial misconduct and regulatory scrutiny [32][33]. - The article discusses the implications of these relationships, particularly in the context of the bankruptcy restructuring of Jianxin Group, which was closely tied to the loans issued [29][30]. - Concerns are raised about the regulatory oversight of Lanzhou Bank, especially given its status as a publicly listed entity during the loan issuance [35][36].

证券代码：000688 证券简称：国城矿业 公告编号：2025-049 国城矿业股份有限公司 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。 特别提示： 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（以下简称"国城实业"）不低于 60%的股权（以下简 称"本次交易"）。本次交易完成后，国城实业将成为公司的控股子公司。 本次交易构成关联交易，预计构成重大资产重组，不构成重组上市。 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。 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 二、本次交易的进展情况 监事会第十四次会议，审议通过了《关于 <国城矿业股份有限公司重大资产购买> 暨关联交易预案>及其摘要的 ...