格隆汇7月30日｜中色股份公告，2025年第二季度新签项目合同数量为5个，合同金额为3.93亿元。在执 行未完工项目合同数量为34个，合同金额为349.37亿元。已签约未生效项目合同数量为2个，合同金额 为110.18亿元。已中标未签约项目合同数量为2个，合同金额为1.33亿元。重大项目方面，印尼阿曼铜冶 炼厂项目合同金额为65.61亿元，已完成工程进度99.61%。印尼阿曼铜选厂扩建项目合同金额为30.75亿 元，已完成工程进度71.83%。越南多农电解铝项目合同金额为41.96亿元，项目设计、采购和现场施工 准备工作有序进行中。 ...

中色股份（000758）公告，2025年第二季度新签项目合同数量为5个，合同金额为3.93亿元。在执行未 完工项目合同数量为34个，合同金额为349.37亿元。已签约未生效项目合同数量为2个，合同金额为 110.18亿元。已中标未签约项目合同数量为2个，合同金额为1.33亿元。重大项目方面，印尼阿曼铜冶炼 厂项目合同金额为65.61亿元，已完成工程进度99.61%。印尼阿曼铜选厂扩建项目合同金额为30.75亿 元，已完成工程进度71.83%。越南多农电解铝项目合同金额为41.96亿元，项目设计、采购和现场施工 准备工作有序进行中。 ...

Group 1: Industry Performance - The non-ferrous metal sector has seen a year-to-date increase of 20.08%, outperforming other industries such as telecommunications (18.19%), pharmaceuticals (15.65%), and banking (14.72%), making it the top-performing sector among 31 Shenwan primary industries [1] - As of July 21, the non-ferrous metal sector ETF (159876) reached a new year-to-date high of 1.256 yuan, with an intraday price increase of 1.45% [1] Group 2: Key Developments - The Ministry of Industry and Information Technology announced that a growth stabilization plan for key industries, including steel, non-ferrous metals, petrochemicals, and building materials, will soon be released to promote structural adjustments and eliminate outdated production capacity [3] - The first batch of rare earth mining quotas for 2025 has been issued, with companies receiving notifications that details cannot be disclosed due to safety concerns [3] - Gold prices have risen due to a weaker dollar and ongoing geopolitical and economic uncertainties, increasing demand for gold as a safe-haven asset [3] Group 3: Investment Outlook - Guotai Junan Securities is optimistic about investment opportunities in the non-ferrous metal sector, predicting that gold will benefit from a weakening dollar and expectations of U.S. interest rate cuts [3] - The supply of copper smelting raw materials is constrained, while demand remains resilient, leading to an anticipated upward shift in copper prices [3] - Rare earth prices are expected to rise due to gradually increasing demand and rigid supply, alongside the anticipated lifting of export restrictions [3] - As of the end of June, the market-to-book ratio of the CSI Non-Ferrous Metals Index was 2.24, indicating a historically low valuation compared to its median of 2.52 [3] Group 4: Sector Composition - In the CSI Non-Ferrous Metals Index, the weightings of copper, gold, aluminum, rare earths, and lithium are 26.1%, 16.3%, 15.8%, 8.5%, and 7.7% respectively, providing a diversified investment opportunity [5]

Core Insights - The rare earth permanent magnet sector saw a significant increase of 3.15%, ranking second among concept sectors, with 56 stocks rising, including Jiu Wu Gao Ke which hit a 20% limit up [1] - Major gainers in the sector included Dongfang Zirc, Huahong Technology, and Zinc Industry, with increases of 15.05%, 9.87%, and 9.11% respectively [1] Market Performance - The rare earth permanent magnet sector attracted a net inflow of 3.539 billion yuan, with 40 stocks receiving net inflows, and 7 stocks exceeding 100 million yuan in net inflow [2] - The top net inflow was from Northern Rare Earth, which saw 2.109 billion yuan, followed by Dongfang Zirc, Zhongse Co., and Huahong Technology with net inflows of 434 million yuan, 294 million yuan, and 150 million yuan respectively [2] Fund Flow Ratios - The highest net inflow ratios were observed in Dongfang Zirc (42.43%), Zhongse Co. (34.26%), and Zinc Industry (23.22%) [3] - Northern Rare Earth had a daily turnover rate of 12.69% with a price increase of 9.87%, indicating strong trading activity [3] Stock Performance - Notable performers included Northern Rare Earth, Dongfang Zirc, and Zhongse Co., all showing significant price increases and healthy turnover rates [4] - Stocks like Lingyi Zhi Zao and Longci Technology experienced declines of 1.93% and 1.07% respectively, indicating some volatility within the sector [5]

Group 1 - The metal zinc concept increased by 1.84%, ranking 7th among concept sectors, with 32 stocks rising, including Zhongse Co. and Zinc Industry Co. which hit the daily limit [1] - The leading gainers in the zinc sector included Feinan Resources, Xiyu Co., and Xinweiling, with increases of 4.39%, 3.92%, and 3.61% respectively [1] - The stocks with the largest declines were Dazhong Mining, *ST Zhengping, and ST Shengtun, which fell by 2.95%, 1.82%, and 1.39% respectively [1] Group 2 - The metal zinc concept saw a net inflow of 569 million yuan from main funds, with 16 stocks receiving net inflows, and 6 stocks exceeding 50 million yuan in net inflow [2] - Zhongse Co. led the net inflow with 294 million yuan, followed by Zijin Mining, Zinc Industry Co., and Xingye Silver Zinc with net inflows of 108 million yuan, 92 million yuan, and 71 million yuan respectively [2] - The net inflow ratios for Zhongse Co., Zinc Industry Co., and Zhejiang Fu Holdings were 34.26%, 23.22%, and 16.27% respectively [3] Group 3 - The top stocks in the zinc concept based on net inflow included Zhongse Co. with a daily increase of 9.95% and a turnover rate of 7.38%, and Zinc Industry Co. with a daily increase of 9.97% and a turnover rate of 8.11% [3][4] - Other notable stocks included Hunan Baishan with a 2.42% increase and a turnover rate of 13.08%, and Western Mining with a 1.30% increase and a turnover rate of 1.73% [4] - The stocks with the largest negative net inflows included Dazhong Mining and *ST Zhengping, with declines of 2.95% and 1.82% respectively [5]

Group 1 - The metal cobalt sector increased by 2.29%, ranking fourth among concept sectors, with 33 stocks rising, including Huahong Technology and China Nonferrous Mining, which hit the daily limit [1][2] - Notable gainers in the sector included Huahong Technology, which rose by 15.05%, Tibet Mining by 3.89%, and China Ruilin by 3.49% [1][2] - The sector saw a net inflow of 999.3 million yuan, with 24 stocks receiving net inflows, and five stocks exceeding 100 million yuan in net inflow [2][3] Group 2 - The top net inflow stock was China Nonferrous Mining, with a net inflow of 294 million yuan, followed by Huahong Technology with 150 million yuan, and Xiamen Tungsten with 112 million yuan [2][3] - The net inflow ratios for leading stocks were 34.26% for China Nonferrous Mining, 16.27% for Zhejiang Fuhua, and 12.51% for China Electric Power [3][4] - The stocks with the largest declines included ST Shengtun, Jinling Mining, and Tianqi Co., which fell by 1.39%, 0.60%, and 0.56% respectively [1][5]

Group 1: Market Performance - As of July 18, the copper metal concept increased by 1.97%, ranking 6th among concept sectors, with 60 stocks rising, including Jin Yuan Co., Huahong Technology, and Zinc Industry Co., which hit the daily limit [1] - The top gainers in the copper sector included Huaxin Environmental, which rose by 15.05%, followed by Naipu Mining and Jintian Co., which increased by 5.05% and 5.04% respectively [1] Group 2: Capital Flow - The copper metal concept saw a net inflow of 1.011 billion yuan from main funds, with 38 stocks receiving net inflows, and 8 stocks exceeding 50 million yuan in net inflow [2] - The leading stock in terms of net inflow was Zhongse Co., with a net inflow of 294 million yuan, followed by Huahong Technology, Jin Yuan Co., and Zijin Mining, with net inflows of 150 million yuan, 114 million yuan, and 108 million yuan respectively [2] Group 3: Stock Performance - Jin Yuan Co., Zhongse Co., and Zinc Industry Co. had the highest net inflow ratios, at 45.14%, 34.26%, and 23.22% respectively [3] - The top stocks in the copper sector based on daily performance included Zhongse Co. with a 9.95% increase, Huahong Technology with a 9.98% increase, and Jin Yuan Co. also with a 9.98% increase [4]

Core Viewpoint - The A-share market showed strong performance on July 18, with the ChiNext Index reaching an 8-month high, driven by significant gains in rare earth permanent magnet stocks and other sectors [2][4][3]. Group 1: Market Performance - The A-share market indices rose, with the ChiNext Index breaking its February high, reaching 2296.91 points, marking the highest level in 8 months [4]. - The overall market saw strong gains in sectors such as non-ferrous metals, steel, coal, and basic chemicals, while public utilities, media, and light manufacturing sectors experienced declines [4]. Group 2: Rare Earth Sector - The rare earth permanent magnet concept surged, with stocks like Jiu Wu High-Tech and Northern Rare Earth hitting the daily limit, reflecting strong investor interest [4][7]. - A new rare earth mineral named "Ned Yellow River" was discovered, which has been approved by the International Mineralogical Association, potentially boosting the sector's profile [7]. - Several rare earth companies reported significant profit increases, with Huahong Technology expecting a net profit growth of 3047% to 3722% year-on-year for the first half of the year, and Northern Rare Earth projecting a growth of 1883% to 2015% [7]. Group 3: Individual Stock Highlights - The stock of Shangwei New Materials hit the daily limit for the eighth consecutive trading day, with a cumulative increase of 330.21% since July [9][11]. - The company announced a significant share transfer agreement that could change its controlling shareholder, pending approval from the shareholders' meeting and regulatory bodies [11][12]. - Haixing Co. also saw its stock hit the limit for the third consecutive trading day, indicating strong market interest [14].

Core Viewpoint - The rare earth permanent magnet concept stocks have strengthened again, with notable gains in several companies, driven by significant profit growth forecasts in their mid-year reports [1] Company Performance - Zhongse Co., Ltd. has reached the daily limit increase in stock price [1] - Jiuwu High-Tech has increased by over 10% [1] - Huahong Technology and Northern Rare Earth have both risen by over 5% [1] - Other companies such as Baogang Co., Jintian Co., Jiuling Technology, Zhongke Magnetic Industry, and Shenghe Resources have also seen stock price increases [1] Profit Forecasts - Huahong Technology expects a year-on-year net profit growth of 3047% to 3722% for the first half of the year [1] - Northern Rare Earth anticipates a year-on-year net profit growth of 1883% to 2015% for the same period [1]

Core Viewpoint - The metal cobalt sector has shown a positive performance, with a 2.45% increase, ranking seventh among concept sectors, driven by significant gains in several stocks [1][2]. Group 1: Sector Performance - The metal cobalt concept saw a 2.45% increase, with 32 stocks rising, including notable gains from Zhongse Co. and Huahong Technology, which hit the daily limit [1][2]. - The top gainers in the sector included Huaxin Environmental (up 8.51%), Dadi Bear (up 8.36%), and Xingye Yinxin (up 5.23%) [1][2]. - Conversely, the stocks with the largest declines included Daoshi Technology (down 0.81%), Rongbai Technology (down 0.68%), and Ganfeng Lithium (down 0.46%) [1][2]. Group 2: Capital Flow - The metal cobalt sector experienced a net inflow of 334 million yuan, with 24 stocks receiving net inflows, and six stocks exceeding 50 million yuan in net inflow [2][3]. - Zhongse Co. led the net inflow with 211 million yuan, followed by Huahong Technology (109 million yuan), and Green Beauty (99.32 million yuan) [2][3]. - The top three stocks by net inflow ratio were Zhongse Co. (26.70%), Huahong Technology (21.33%), and Guocheng Mining (12.90%) [3][4]. Group 3: Stock Performance - Zhongse Co. recorded a daily increase of 10.06% with a turnover rate of 7.30% and a net capital flow of 211.41 million yuan [3][4]. - Huahong Technology also saw a significant increase of 10.00% with a turnover rate of 9.99% and a net capital flow of 108.91 million yuan [3][4]. - Other notable performers included Green Beauty (up 2.22%), Xiamen Tungsten (up 4.43%), and Huayou Cobalt (up 0.58%) [3][4].