Group 1 - Zijin Mining expects a net profit of approximately 51-52 billion yuan for 2025, representing a year-on-year increase of about 59%-62% due to growth in gold, copper, and silver production and sales prices, along with a significant increase in lithium carbonate production [1] - Tianpu Co. has seen its stock price rise by 718.39% from August 22 to December 30, leading to a suspension for stock trading review due to significant deviation from the company's fundamentals [1] - Salt Lake Co. plans to acquire 51% of Wenkang Salt Lake for 4.605 billion yuan, which will enhance its competitive edge in lithium and potassium resource development [1] Group 2 - Mingde Bio intends to acquire 100% of Wuhan Bikaier Rescue Supplies Co. in a cash transaction, which is expected to constitute a major asset restructuring [2] - Jiamei Packaging has announced that it may apply for a trading suspension if its stock price continues to rise abnormally, despite no significant changes in its fundamentals [2] Group 3 - Jinpan Technology signed a contract worth approximately 696 million yuan for an overseas data center project, which is expected to positively impact the company's long-term performance [3] Group 4 - China Pharmaceutical plans to acquire 70% of Zezheng Pharmaceutical for 525 million yuan [4] - Shengxin Lithium Energy intends to acquire 30% of Qicheng Mining for 2.08 billion yuan to increase its control over Huirong Mining [5] - China Aluminum's subsidiary plans to acquire 51% of Yun Aluminum Logistics for 264 million yuan [5]

Company Announcements - Tianpu Co., Ltd. has seen a cumulative increase of 718.39% in stock price from August 22 to December 30, leading to a suspension for verification starting December 31, 2025 [1] - Dongjie Intelligent has terminated its major asset restructuring plan and will resume trading on December 31, 2025 [2] - Zijin Mining expects a net profit increase of 59%-62% for 2025, with significant increases in the sales prices of gold, copper, and silver [2] - Jinpan Technology signed a contract for an overseas data center project worth approximately 696 million yuan [3] - Yanhai Co., Ltd. plans to acquire 51% of Wenkang Salt Lake for 4.605 billion yuan to enhance its salt lake industry base [5] - Shengxin Lithium Energy intends to acquire 30% of Qicheng Mining for 2.08 billion yuan, which is developing a lithium mine with an annual capacity of 3 million tons [7] - Mingde Bio plans to acquire 100% of Wuhan Bikaier Rescue Supplies Co., Ltd. in a significant asset restructuring [8] - Guotou Zhonglu plans to issue shares to acquire 100% of China Electronics Engineering Design Institute for 6.026 billion yuan [9] - Zhaoxing Co., Ltd. plans to invest 1.53 billion yuan in intelligent robotics and high-precision components for automotive applications [10] Stock Movements - Chaojie Co., Ltd. reported a reduction of 3.00% in shares by its controlling shareholder from November 25 to December 29, 2025 [6] - Five Continents New Spring's third-largest shareholder reduced holdings by 2.73% from November 3 to December 29, 2025 [13] - Zhongju Gaoxin plans to repurchase shares worth 300 million to 600 million yuan for capital reduction [20] Contracts and Projects - Zhejiang Construction signed an 18 billion yuan construction contract for a campus project [23] - Shen Si Electronics won a 199.8 million yuan project for low-altitude flight management services in Jinan [24] - Wangfujing signed a contract for a duty-free project at Beijing Capital International Airport, with a minimum operating fee of 113 million yuan [25] Investments and Financing - Tianyuan Co., Ltd. plans to invest 1.483 billion yuan in a titanium dioxide project [15] - Zhongke Co., Ltd. plans to invest 1.741 billion yuan in an expansion project for lead-zinc mining [16] - Zongheng Co., Ltd. plans to raise up to 548 million yuan for drone systems and AI technology projects [26]

Core Viewpoint - China Nonferrous Metal Industry Co., Ltd. announced a capital increase of $120 million to its wholly-owned subsidiary, China Nonferrous Singapore Co., Ltd., to enhance its financial strength and operational capabilities for the acquisition of Compañía Minera Raura S.A. [1] Group 1 - The board meeting of China Nonferrous Metal Industry Co., Ltd. is scheduled for December 30, 2025, to review the capital increase proposal [1] - The capital increase will raise the registered capital of China Nonferrous Singapore from $2 million to $122 million, maintaining 100% ownership by the company [1] - The cash injection aims to ensure the smooth implementation of the acquisition of Compañía Minera Raura S.A. [1]

Core Viewpoint - The company plans to invest 1.741 billion yuan in the expansion of its mining operations, increasing the production capacity of its subsidiary from 990,000 tons per year to 1.65 million tons per year [1] Group 1: Investment and Expansion - The company’s subsidiary, Chifeng Zhongse Baiyin Nuoer Mining Co., Ltd., will undertake a project to expand its lead-zinc mining capacity [1] - The investment amount for the expansion project is set at 1.741 billion yuan [1] - The mining license production scale will increase from 990,000 tons per year to 1.65 million tons per year [1] Group 2: Operational Enhancements - The production systems and transportation systems will be optimized in accordance with the changes in mining rights and production scale [1] - There will be a need for further upgrades in automation levels and production equipment [1]

Core Viewpoint - The company plans to invest 1.741 billion yuan in the expansion of its lead-zinc mining project, increasing production capacity from 990,000 tons per year to 1.65 million tons per year [1] Group 1: Investment and Expansion - The investment of 1.741 billion yuan is aimed at the construction of the expansion project for the Chifeng Zhongse Baiyin Nuoer Mining Co., Ltd. [1] - The mining license production scale will be increased from 990,000 tons per year to 1.65 million tons per year [1] - The production systems and transportation systems will need to be optimized in accordance with the changes in mining rights and production scale [1] Group 2: Automation and Equipment Upgrade - The company will further upgrade the automation level and production equipment to meet the new production capacity requirements [1]

Group 1 - The core point of the news is that China Nonferrous Metal Industry's Foreign Engineering and Construction Co., Ltd. (中色股份) announced a significant investment of 1.741 billion yuan to expand its lead-zinc mining capacity from 990,000 tons per year to 1.65 million tons per year, representing a 66.67% increase [1] - The expansion project will include the construction of a main shaft, auxiliary slope, a processing plant with a capacity of 1.65 million tons per year (equivalent to 5,000 tons per day), and supporting facilities such as a tailings pond and pumping station, with a construction period of approximately three years [1] - The total investment of 1.741 billion yuan will be financed by 30% from the company's own funds and 70% through bank loans, with interest during the construction period covered entirely by self-funding [1] Group 2 - For the first three quarters of 2025, the company reported revenue of 6.931 billion yuan and a net profit attributable to shareholders of 481 million yuan, with basic earnings per share of 0.2413 yuan [2] - The company's dual-driven strategy of "engineering contracting + resource development" has shown continuous effectiveness, with a backlog of uncompleted contracts in the engineering contracting sector amounting to 34.688 billion yuan [2] - Domestic lead and zinc prices have shown a steady recovery since the second half of 2025, with zinc ingot prices rising approximately 12% and lead ingot prices increasing over 8% by the end of December, driven by global demand recovery and domestic infrastructure investment [2]

Suspension and Resumption - Tianpu Co., Ltd. has suspended trading due to a significant deviation of its stock price from the company's fundamentals. The company has no plans to engage in artificial intelligence-related business and has not signed any framework cooperation agreements with shareholder Zhonghao Xinying. There are no asset injection plans related to Zhonghao Xinying [1] Share Buybacks - Zhongju High-tech plans to repurchase shares worth between 300 million to 600 million yuan for cancellation and reduction of registered capital [2] - Baili Tianheng intends to repurchase shares valued at 100 million to 200 million yuan [2] Mergers and Acquisitions - Shengxin Lithium Energy plans to acquire 30% equity of Qicheng Mining for 2.08 billion yuan, aiming for 100% ownership. Qicheng Mining's subsidiary, Huirong Mining, holds mining rights for the Muro Lithium Mine, which has confirmed Li2O resources of 989,600 tons with an average grade of 1.62%, making it one of the highest-grade lithium mines in Sichuan, with a production scale of 3 million tons per year [3] - Mingde Bio plans to acquire 100% equity of Wuhan Bikaier Rescue Supplies Co., Ltd. in cash. The target company is one of the early adopters of international first aid concepts and technologies, focusing on emergency rescue business [3] - Yilake Co., Ltd. intends to acquire 51% equity of Minmetals Salt Lake for 4.605 billion yuan [3] - CITIC Special Steel's wholly-owned subsidiary, Taifu Technology, plans to acquire 100% equity of Fujing Special Co., Ltd. from Guangzhou Airport for 1.51 billion yuan. Fujing Special is one of the world's top three independent steel traders [3] - China National Pharmaceutical plans to acquire 70% equity of Zezheng Pharmaceutical for 525 million yuan. Zezheng Pharmaceutical specializes in the research and development of modified new drugs and complex formulations [3] External Investments and Daily Operations - Wanli Stone plans to establish a joint venture to develop and operate the Kuerdai Molybdenum Uranium polymetallic mine resources [4] - China Nonferrous Metals plans to invest 1.741 billion yuan in the expansion project of a lead-zinc mine with an annual capacity of 1.65 million tons [5] - Taihe Technology plans to transform its original lithium iron phosphate production facility to produce sodium iron phosphate, achieving an annual production capacity of 10,000 tons [5] - Zhaofeng Co., Ltd. intends to invest 1.53 billion yuan in the industrialization project of embodied intelligent robots and high-end precision components for automotive intelligent driving [5] - Datang Power plans to increase its investment in Datang Nuclear Power Company by 617 million yuan for projects including the Liaoning Xudabao Nuclear Power Project and Ningde Second Nuclear Power [5] - Huaxia Airlines plans to purchase three A320 series aircraft, with an estimated transaction amount of approximately 2.763 billion to 2.976 billion yuan [6] - Jingce Electronics plans to sell multiple semiconductor front-end testing equipment to customers, totaling 571 million yuan [7] - Tianyuan Co., Ltd. plans to invest 1.483 billion yuan in a project to build an annual production capacity of 100,000 tons of titanium dioxide using the chloride method [8] - Baiwei Storage plans to acquire 380,000 shares of Niu Xin Semiconductor for 2 million yuan, with the National Integrated Circuit Fund Phase II holding a 6.76% stake in the latter [9] - Jinpan Technology has signed a contract for a data center project with overseas clients, amounting to 98.992 million USD [9] Performance Changes - Zijin Mining expects a net profit attributable to shareholders of approximately 51 billion to 52 billion yuan for the fiscal year 2025, representing a year-on-year increase of about 59% to 62%. The sales prices of gold, copper, and silver have increased year-on-year [10]

格隆汇12月30日丨中色股份(000758.SZ)公布，根据公司战略规划和经营发展需求，为进一步提升公司 全资子公司中色新加坡有限公司（英文名称"NFC METAL PTE. LTD."，简称"中色新加坡"）的资金实力 和运营能力，保障其收购 Compañía Minera Raura S.A（. 简称"Raura公司"）股权顺利实施，同意公司以 现金方式向中色新加坡增资12,000 万美元。本次增资完成后，中色新加坡注册资本将由 200 万美元增加 至12,200 万美元，公司持有其 100%股权。 ...

中色股份公告，公司于2025年12月30日召开董事会，审议通过向全资子公司中色新加坡增资1.2亿美元 的议案。增资旨在提升中色新加坡的资金实力和运营能力，保障其收购Raura公司股权的顺利实施。增 资完成后，中色新加坡注册资本将从200万美元增至12,200万美元，公司持股比例仍为100%。本次增资 不涉及关联交易，不构成重大资产重组，且无需提交股东会审议。 ...

Core Viewpoint - The company plans to invest 174,055,000 CNY in the expansion of its lead-zinc mining project, aiming for an annual processing capacity of 1.65 million tons [1] Group 1: Investment Details - The investment will be directed towards the construction of a new main shaft and auxiliary slope, along with a new processing plant with a capacity of 1.65 million tons per year (5,000 tons per day) [1] - Additional infrastructure will include a tailings storage facility and a tailings pumping station, as well as other necessary auxiliary facilities [1] Group 2: Project Capacity - Upon completion and reaching full production, the mining and processing scale will be 1.65 million tons per year [1]