经公司第十届董事会第二次会议审议通过，待公司股东大会审议 北方铜业股份有限公司 NORTH COPPER CO.,LTD. １ 第一章 总则 第二章 经营宗旨和范围 第三章 股份 第一节 股份发行 第二节 股份增减和回购 第三节 股份转让 第四章 股东和股东大会 第一节 股东 第二节 股东大会的一般规定 第三节 股东大会的召集 第四节 股东大会的提案与通知 第五节 股东大会的召开 第六节 股东大会的表决和决议 第五章 董事会 第一节 董事 第二节 董事会 第六章 党委 第七章 经理及其他高级管理人员 第八章 监事会 第一节 监事 第二节 监事会 第八章 财务会计制度、利润分配和审计 第一节 财务会计制度 第二节 内部审计 第三节 会计师事务所的聘任 ２ 第九章 通知与公告 第一节 通知 第二节 公告 第十章 合并、分立、增资、减资、解散和清算 第一节 合并、分立、增资和减资 第二节 解散和清算 第十一章 修改章程 第十二章 附则 第一章 总 则 章 程 二 O 二 五 年 四 月 目 录 第一条 为维护公司、股东和债权人的合法权益，规范公司的组织和行为， 根据《中华人民共和国公司法》（以下简称"《公司法》"） ...

北方铜业股份有限公司 2024 年度独立董事述职报告（王志林） 作为北方铜业股份有限公司（以下简称"公司"）的独立董事，本人严格按照《公 司法》《证券法》《上市公司独立董事管理办法》等法律法规及《公司章程》《公司独立 董事工作制度》等有关制度的规定，在 2024 年勤勉尽责、谨慎认真地行使职权，及时、 全面、深入地了解公司信息,关注公司的发展状况，积极出席公司 2024 年度召开的会 议，参与重大经营决策，积极履行独立董事职责，切实维护公司及全体股东，特别是 中小股东的合法权益。现将一年的工作情况进行汇报： 经自查，本人未在公司担任除独立董事以外的其他职务，与公司及其控股股东不 存在直接或者间接利害关系，或者其他可能影响独立客观判断的关系，符合《上市公 司独立董事管理办法》等相关法律法规及《公司章程》所要求的独立性和担任公司独 立董事的任职资格，能够确保客观、独立的专业判断，不存在影响独立性的情况。 二、年度履职概况 （一）出席会议情况 一、独立董事的基本情况 （一）个人基本情况 王志林，男，1978 年 4 月出生，法学博士。现任山西财经大学法学院副教授，北 京德和衡（太原）律师事务所高级合伙人，中国银行法 ...

Dividend Distribution - The company plans to distribute a cash dividend of 1.1 RMB per 10 shares to all shareholders, based on a total share capital of 1,904,716,435 shares[4]. - The company plans to distribute a cash dividend of 1.10 CNY per 10 shares, totaling 209,518,807.85 CNY, which represents 34.19% of the net profit attributable to the parent company for the year[168]. Business Transformation - The company has undergone significant business transformation, shifting its main operations from inorganic salt chemical business to copper metal mining, smelting, sales, and deep processing since 2021[14]. - The company has undergone a major asset restructuring, with the new controlling shareholder being Zhongtiao Mountain Nonferrous Metals Group Co., Ltd. since December 2021[15]. - The company has made significant changes in its shareholding structure, with multiple transitions in controlling shareholders over the years[15]. Financial Performance - The company's operating revenue for 2024 reached ¥24.11 billion, a 156.60% increase compared to ¥9.32 billion in 2023[17]. - Net profit attributable to shareholders was ¥612.82 million, a decrease of 1.37% from ¥618.82 million in 2023[17]. - The net cash flow from operating activities improved significantly to ¥361.32 million, a 129.05% increase from a negative cash flow of ¥1.30 billion in 2023[17]. - Total assets increased by 16.32% to ¥18.00 billion at the end of 2024, compared to ¥15.26 billion at the end of 2023[17]. - The net assets attributable to shareholders rose by 26.78% to ¥6.23 billion, up from ¥4.87 billion in 2023[17]. - The average return on equity decreased to 11.96% in 2024 from 12.94% in 2023, reflecting a decline of 1.01%[17]. Production and Capacity - The company operates a copper mine with an annual processing capacity of 9 million tons and two smelting plants with a capacity of 130,000 tons of copper concentrate[29]. - The cathode copper production capacity is 320,000 tons per year, with sulfuric acid capacity at 1.22 million tons per year, copper alloy strip capacity at 25,000 tons per year, and rolled copper foil capacity at 5,000 tons per year[30]. - The production output included 43,600 tons of copper concentrate, 313,200 tons of cathode copper, 103,080 tons of sulfuric acid, 6.3 tons of gold ingots, and 57.96 tons of silver ingots[43]. Research and Development - Research and development expenses rose to ¥52.62 million, a 107.12% increase from ¥25.40 million in 2023, indicating the company's commitment to innovation[52]. - The company is conducting research on advanced copper smelting processes and technologies to enhance overall smelting levels and economic benefits[69]. - The company plans to enhance the recovery rate of valuable elements such as copper, gold, and silver through technical research, aiming to increase economic benefits[70]. - The company is developing a laser rock-breaking technology to improve safety and efficiency in mining operations[70]. Environmental Compliance - The company adheres to various environmental protection standards, achieving stable compliance with pollutant discharge requirements[177]. - The emissions from all subsidiaries meet national or local pollution discharge standards, with zero environmental incidents reported[179]. - The company is committed to maintaining compliance with environmental standards, as evidenced by the absence of any exceedances in pollutant discharge[179]. Governance and Compliance - The company has established a governance structure that complies with relevant laws and regulations, ensuring effective internal controls[123]. - The company maintains a transparent information disclosure process, achieving an A-level rating for two consecutive years from the Shenzhen Stock Exchange[129]. - The company is committed to maintaining compliance with relevant laws and regulations, ensuring the protection of shareholders' rights[155]. Market Expansion and Strategy - The company is focused on expanding its market presence and enhancing its product offerings through new technologies and research[1]. - The company is exploring market expansion opportunities in Southeast Asia, with a projected revenue growth of 25% in that region[187]. - The company is considering strategic acquisitions to bolster its market position, with potential targets identified in the domestic market[187]. Risk Management - The company has established a risk control system for its derivative investments, including measures to address price volatility, funding, credit, and operational risks[95]. - The company faces risks from fluctuations in copper prices, which directly impact profit levels; it plans to enhance cost control and use financial instruments to hedge against price risks[115]. Employee Management - The total number of employees at the end of the reporting period is 7,324, with 5,722 in production, 743 in technical roles, and 80 in sales[160]. - The company has a dedicated human resources department responsible for employee management and compliance with labor laws[132]. - The company aims for 100% certification of key personnel and a 100% training qualification rate for employees[163].

Group 1 - As of April 18, the total market financing balance is 1.79 trillion yuan, a decrease of 6.28 billion yuan from the previous trading day, marking three consecutive days of decline [1] - The financing balance for the Shanghai Stock Exchange is 913.65 billion yuan, down by 3.34 billion yuan; for the Shenzhen Stock Exchange, it is 873.79 billion yuan, down by 2.93 billion yuan; and for the Beijing Stock Exchange, it is 5.28 billion yuan, down by 19.61 million yuan [1] - On April 18, a total of 1,349 stocks received net financing purchases, with 158 stocks having net purchases exceeding 10 million yuan, and 10 stocks with net purchases over 50 million yuan [1] Group 2 - The top net financing purchase on April 18 was for Tuowei Information, with a net purchase amount of 168 million yuan, followed by Hanwujing and Wo Ai Wo Jia with net purchases of 156 million yuan and 76.97 million yuan, respectively [1] - In terms of industry, the stocks with net purchases exceeding 50 million yuan are concentrated in the computer, pharmaceutical, and non-ferrous metal sectors, with two stocks from each industry on the list [1] - Among the stocks with significant net purchases, 8 are from the main board, 1 from the ChiNext board, and 1 from the Sci-Tech Innovation board [1] Group 3 - The average ratio of financing balance to circulating market value for stocks with large net purchases is 3.65%, with ZTE Communications having the highest ratio at 5.88% [2] - Other stocks with high financing balance ratios include Tonghua Golden Horse, Wo Ai Wo Jia, and Tuowei Information, with ratios of 5.33%, 5.32%, and 5.01%, respectively [2] - The financing net purchase rankings for April 18 show that Tuowei Information increased by 3.17%, while Hanwujing decreased by 1.10% [2]

4月14日 ，现货黄金再创新高，有色板块猛攻！有色50ETF(159652)上涨2.82%，一度涨超3%， 冲击5连涨。 4月14日盘中，现货黄金持续拉升，突破前高并将历史高位刷新至3245.45美元/盎司。 有色50ETF(159652)标的指数成分股中，湖南黄金10cm涨停，兴业银锡、洛阳钼业、赤峰黄金涨超5%，北方铜业、山金国际等涨超4%，紫金矿 业、中金黄金等涨超3%，中国铝业、华友钴业等涨幅居前。 若看好未来贵金属及大宗工业金属周期回归，建议关注规模领先、"金铜含量"更高的有色50ETF（159652）和场外联接(A类：019164；C类： 019165)，一键把握经济复苏和降息预期回暖行情！ 风险提示：基金有风险，投资需谨慎。投资人应当阅读《基金合同》《招募说明书》《产品资料概要》等法律文件，了解基金的风险收益特征， 特别是特有风险，并根据自身投资目的、投资经验、资产状况等判断是否和自身风险承受能力相适应。基金管理人承诺以诚实信用、谨慎尽责的 原则管理和运用基金资产，但不保证基金一定盈利或本金不受损失。有色50ETF属于中等风险等级（R3）产品，适合经客户风险承受等级测评后 结果为平衡型（C3）及 ...

作者 | 独行侠 数据支持 | 勾股大 数 据（www.gogudata.com） 美国 "对等"关税震撼全球金融市场。隔夜，美股 三大股指均刷新近 5年来最大单日跌幅纪录 ， 美元指数一日暴跌近 2%，10年期美债收益 率 盘中一度跌破 4%，创下自去年10月以来的最低水平。 但黄金稳如泰山。 昨日， COMEX黄金下跌不足1%，现价超3130美元/盎司，较年初的2640美元仍上涨18.8%，引发关注。 此前疯狂的铜也崩了，昨日大跌 4.5%，但今年以来仍大涨19.75%（期间最大涨幅高达34%），压过黄金之表现。 那么，接下来的铜怎么看？又孕育着什么机会呢？ 01 今年 3月26日，美铜刷新历史新高，伦铜则超过10000美元，随后迎来一波剧烈调整。而此前轰轰烈烈的大涨，又是为何？我们不妨分阶段复 盘一下背后的驱动因素。 去年 11月初至12月，国际铜价迎来一波流畅下跌，回到当年8月担忧美国经济衰退时的水平。彼时，市场情绪悲观，交易 特朗普 上台，会兑 现竞选承诺，对外普征高额关税，扰动全球经济增长，进而影响铜需求。 翻年之后，铜价止跌快速上行（ 1月2日-1月16日），其核心逻辑是 市场对特朗普关税政策预 ...

北方铜业: 股票交易异常波动公告 针对股价异常波动情况，公司对有关事项进行了核查，并通过书面方式对公司控 股股东、实际控制人进行了问询，现将有关情况说明如下： 影响的未公开重大信息； 司的应披露而未披露的重大事项。公司控股股东和实际控制人均不存在关于本公司 的应披露而未披露的重大事项，或其他处于筹划阶段的重大事项； 三、是否存在应披露而未披露信息的说明 证券代码：000737 证券简称：北方铜业 公告编号：2025-14 北方铜业股份有限公司 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、股票交易异常波动的情况介绍 北方铜业股份有限公司（以下简称"公司"）股票（证券简称：北方铜业，证券 代码：000737）于2025年3月24日、2025年3月25日及2025年3月26日连续3个交易日收 盘价格涨幅偏离值累计超过20%，根据《深圳证券交易所交易规则》的有关规定，属 于股票交易异常波动的情况。 二、公司关注及核实的相关情况 （http://www.cninfo.com.cn）为公司指定信息披露媒体，公司所有信息均以在上述 指定媒体刊登的信息为准； 做好信息 ...

证券代码：000737 证券简称：北方铜业 公告编号：2025-14 北方铜业股份有限公司 股票交易异常波动公告 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。 一、股票交易异常波动的情况介绍 北方铜业股份有限公司（以下简称"公司"）股票（证券简称：北方铜业，证券 代码：000737）于2025年3月24日、2025年3月25日及2025年3月26日连续3个交易日收 盘价格涨幅偏离值累计超过20%，根据《深圳证券交易所交易规则》的有关规定，属 于股票交易异常波动的情况。 3、公司近期经营情况及内外部经营环境未发生重大变化； 4、公司除在证监会指定信息披露媒体上已公开披露的信息外，不存在关于本公 司的应披露而未披露的重大事项。公司控股股东和实际控制人均不存在关于本公司 的应披露而未披露的重大事项，或其他处于筹划阶段的重大事项； 5、控股股东及实际控制人在股票交易异常波动期间不存在买卖公司股票的情形。 三、是否存在应披露而未披露信息的说明 本公司董事会确认，本公司目前没有任何根据《深圳证券交易所股票上市规则》 等有关规定应予以披露而未披露的事项或与该事项有关的筹划 ...

Core Viewpoint - Copper prices are surging due to supply tightness and concerns over U.S. tariffs, with significant price movements observed in recent weeks [1][2]. Group 1: Price Movements - As of March 25, 2024, LME copper briefly reached $10,000 per ton, marking a new high since October 2023, while COMEX copper was priced at $5.138 per pound [1][2]. - Year-to-date, COMEX copper has increased by approximately 25%, outperforming both COMEX gold and silver, which rose by 15% [1]. - The price difference between COMEX and LME copper has exceeded $1,300 per ton, indicating significant market arbitrage opportunities [2]. Group 2: Supply and Demand Dynamics - The supply of copper concentrate is tight, leading to increased processing fees and concerns about smelting capacity, particularly following maintenance announcements from major producers [3]. - A large influx of refined copper, estimated at 100,000 to 150,000 tons, is expected to arrive in the U.S. in the coming weeks, as traders redirect shipments initially intended for Asia [2]. - Domestic copper futures have also surged, with SHFE copper contracts reaching 81,900 yuan per ton, reflecting a daily increase of 1.17% [2]. Group 3: Future Demand Drivers - The ongoing recovery of China's manufacturing sector and advancements in AI technology are expected to significantly boost copper demand [4]. - The deployment of AI hardware and the upgrade of semiconductor manufacturing equipment are anticipated to increase the demand for high-precision copper products [4]. - Recent collaborations, such as the agreement between Northern Copper and Huawei, highlight the industry's focus on digital transformation and infrastructure development [3]. Group 4: Price Forecasts - Analysts predict that copper prices may stabilize around $10,200 per ton by Q4 2025, contingent on U.S. trade policies regarding copper [5]. - Morgan Stanley forecasts a significant increase in global copper demand, projecting a market shortfall of approximately 3 million tons annually by 2030 [5].

Market Overview - On March 24, the Shanghai Composite Index rose by 0.15%, the Shenzhen Component Index increased by 0.07%, and the ChiNext Index saw a slight rise of 0.01%. The total market turnover reached 1.4744 trillion yuan, with over 3,800 stocks declining. Market focus was on tourism and hotel, insurance, chemical, and industrial metal sectors [1]. Key Stocks - In the automotive parts sector, Xuelong Group achieved a five-day consecutive rise, while Dalian Heavy Industry recorded a four-day rise. Shaoyang Hydraulic, Zhenhua Heavy Industry, and Yaxing Anchor Chain saw three consecutive days of increases [2]. Top Gainers and Losers - The top gainers included: - Electric Alloy (300697) with a price increase of 20.00% to 17.34 yuan and a turnover of 736.17 million yuan [3]. - Dayang Hydraulic (301079) rose by 19.99% to 34.87 yuan with a turnover of 1.403 billion yuan [3]. - The top losers included: - Zhejiang University New (600797) which fell by 9.96% to 12.74 yuan with a turnover of 4.290 billion yuan [5]. Institutional Trading - The top net selling stocks included: - Dalian Heavy Industry with a net sell of 2.48 billion yuan [6]. - CITIC Heavy Industry with a net sell of 1.85 billion yuan [6]. - The top net buying stocks included: - Electric Alloy with a net buy of 1.05 billion yuan [6]. Specific Company Insights - **Fenda Technology**: Engaged in humanoid robot key component development and has established partnerships with major brands in smart wearable devices and smart speakers [9][10]. - **Xuelong Group**: Invested indirectly in Yushu Technology and focuses on energy-saving and intelligent cooling systems for commercial vehicles [12]. - **Northern Copper Industry**: Involved in copper and gold mining, with expectations of asset injections and support from state-owned enterprises [15]. Trading Dynamics - The trading dynamics showed significant activity with institutions actively buying and selling various stocks. For instance, T Wang net bought 1.35 billion yuan in Yaxing Anchor Chain and 1.1 billion yuan in CITIC Heavy Industry [21].