Core Points - Yunnan Copper Co., Ltd. completed the issuance of its third phase of medium-term notes for 2025 on October 21, 2025, with the funds fully received by October 22, 2025 [1][2] Group 1 - The company issued technology innovation bonds as part of its financing strategy [1] - The announcement confirms the accuracy and completeness of the information disclosed by the company and its board [1][2]

Core Points - Yunnan Copper Industry Co., Ltd. completed the issuance of the third phase of its 2025 technology innovation bonds on October 21, 2025, with the total funds raised fully received on October 22, 2025 [1][3] Summary by Sections - **Issuance Details** - The company issued medium-term notes as part of its financing strategy [1] - The relevant documents for this issuance can be found on China Money and Shanghai Clearing House websites [1] - **Financial Impact** - The total amount raised from this bond issuance has not been specified in the provided text [1]

Core Viewpoint - Yunnan Copper announced the successful issuance of its third phase of technology innovation bonds for the year 2025, with the funds fully received on October 22, 2025 [1] Group 1 - The company completed the issuance of the 2025 annual third phase technology innovation bonds on October 21, 2025 [1] - The total amount of funds raised from the bond issuance was fully received on October 22, 2025 [1]

证券代码：000878 证券简称：云南铜业 公告编号：2025-081 云南铜业股份有限公司 关于 2025 年度第三期中期票据发行结果的 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。 云南铜业股份有限公司（以下简称"公司"）于 2025 年 10 月 21 日完成了 2025 年度第三期科技创新债券的发行，募 集资金已于 2025 年 10 月 22 日全额到账，发行结果如下： | 债券名称 | 云南铜业股份有限公司 | | | | 2025 | 债券简称 | 25 | 云铜股 | | MTN003 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 年度第三期科技创新债券 | | | | | | | （科创债） | | | | | 债券代码 | 102584363 | | | | | 期限 | 5 | 年 | | | | | 起息日 | 2025 年 月 | 10 | 22 | 日 | | 兑付日 | 2030 | 年 | 10 月 | ...

Core Viewpoint - The gold concept sector experienced a decline of 1.98%, ranking among the top losers in the market, with significant outflows of capital from major stocks in this sector [1][2]. Market Performance - The top-performing concept sectors included combustible ice with a gain of 4.06%, while the gold concept was among the worst performers with a decline of 1.98% [2]. - Notable gainers in the gold concept sector included HeBai Group, FuDa Alloy, and CITIC Metal, which saw increases of 4.14%, 3.44%, and 2.22% respectively [1][4]. Capital Flow - The gold concept sector faced a net outflow of 3.096 billion yuan, with 61 stocks experiencing capital outflows, and 8 stocks seeing outflows exceeding 100 million yuan [2]. - The stock with the highest net outflow was TBEA, with a net outflow of 770 million yuan, followed by Zhongjin Gold and Zijin Mining with outflows of 327 million yuan and 287 million yuan respectively [2][4]. Stock Performance - The gold concept stocks with the largest declines included Hunan Silver, which fell by 7.71%, and ManKaLong, which dropped by 7.46% [3][4]. - Other notable decliners included TBEA (-4.43%), Zhongjin Gold (-2.47%), and Zijin Mining (-2.00%) [2][3].

Core Viewpoint - The report highlights the growth in China's refined copper (electrolytic copper) production, indicating a significant increase in output and suggesting a positive investment outlook for the industry [1]. Industry Summary - In August 2025, China's refined copper production reached 1.3 million tons, marking a year-on-year increase of 14.8% [1]. - From January to August 2025, the cumulative production of refined copper in China totaled 9.891 million tons, reflecting a cumulative growth of 10.1% [1]. - The report provides insights into the market status and investment prospects of the electrolytic copper foil industry in China from 2025 to 2031 [1]. Company Summary - Listed companies in the copper industry include Jiangxi Copper (600362), Yunnan Copper (000878), Zijin Mining (601899), Tongling Nonferrous Metals (000630), Western Mining (601168), Baiyin Nonferrous Metals (601212), Chuanjiang New Material (002171), Hailiang Co. (002203), Xinke Materials (600255), and Xiyang Co. (000960) [1].

Core Viewpoint - Yunnan Copper announced that the company has no overdue guarantees and no guarantee amounts involved in litigation, nor any losses due to guarantee-related judgments [1] Summary by Relevant Categories - **Guarantees** - The company has confirmed that there are no overdue guarantees [1] - There are no guarantees related to litigation amounts [1] - The company and its subsidiaries do not provide guarantees to entities outside the consolidated financial statements [1]

证券代码：000878 证券简称：云南铜业 公告编号： 2025-080 云南铜业股份有限公司 关于为控股子公司提供借款担保事项 的进展公告 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。 重要提示 本次被担保子公司资产负债率超过 70%，敬请投资者注意相 关风险。 一、担保情况概述 云南铜业股份有限公司（以下简称本公司或公司）分别于2025 年 3 月 24 日召开第九届董事会第三十五次会议、第九届监事会第 二十六次会议，2025 年 4 月 15 日召开 2024 年年度股东大会，审 议通过《云南铜业股份有限公司关于 2025 年度为控股子公司提供 担保计划的议案》，同意公司 2025 年为控股子公司云南迪庆矿业 开发有限责任公司（以下简称迪庆矿业）提供借款担保，金额不 超过 29,000.00 万元，担保方式由公司进行全额连带责任保证担保， 迪庆矿业另一股东迪庆藏族自治州开发投资集团有限公司（以下 简称迪庆州投）按照持股比例向公司提供反担保。 上述内容详见公司于 2025 年 3 月 26 日刊登在指定信息披露 媒体上的《云南铜业股份有限公司关于 202 ...

Core Viewpoint - Yunnan Copper's stock price has shown significant volatility, with a year-to-date increase of 52.13%, but a recent decline of 4.57% over the last five trading days [1] Group 1: Stock Performance - As of October 20, Yunnan Copper's stock price rose by 2.02% to 18.18 CNY per share, with a trading volume of 643 million CNY and a turnover rate of 1.79%, resulting in a total market capitalization of 36.426 billion CNY [1] - The stock has experienced a 52.13% increase year-to-date, a 4.57% decrease in the last five trading days, an 8.93% increase over the last 20 days, and a 40.17% increase over the last 60 days [1] Group 2: Financial Performance - For the first half of 2025, Yunnan Copper reported a revenue of 88.913 billion CNY, representing a year-on-year growth of 4.27%, and a net profit attributable to shareholders of 1.317 billion CNY, which is a 24.32% increase compared to the previous year [2] Group 3: Shareholder Information - As of September 30, the number of shareholders for Yunnan Copper was 167,500, a decrease of 0.94% from the previous period, while the average number of circulating shares per person increased by 0.95% to 11,965 shares [2] - Since its A-share listing, Yunnan Copper has distributed a total of 4.019 billion CNY in dividends, with 1.944 billion CNY distributed over the last three years [3] - As of June 30, 2025, the largest circulating shareholder was Hong Kong Central Clearing Limited, holding 33.0629 million shares, a decrease of 10.1395 million shares from the previous period [3]

Core Viewpoint - The report highlights the growth trends in China's non-ferrous metal production, indicating a positive outlook for the industry from 2025 to 2031, with specific data on production volumes and growth rates [1]. Industry Summary - In April 2025, China's production of ten non-ferrous metals reached 6.76 million tons, reflecting a year-on-year increase of 3.1% [1]. - From January to April 2025, the cumulative production of these metals totaled 26.6 million tons, showing a cumulative growth of 2.3% [1]. - The report is based on data from the National Bureau of Statistics and is compiled by Zhiyan Consulting, a leading industry research institution in China [1].