Core Viewpoint - Yunnan Tin Company Limited announced that its stock experienced an abnormal fluctuation with a cumulative price deviation of +20% over three consecutive trading days from September 30 to October 10, 2025 [1] Company Summary - The company conducted a self-examination and verified with its controlling shareholders, confirming that there is no need to correct or supplement previously disclosed information [1] - No significant undisclosed information was found, and the company's production and operations are normal [1] - The main product, tin, has seen a price increase, while processing fees remain at a low level [1] Shareholder Activity - The controlling shareholder and its concerted parties have not engaged in any undisclosed trading activities during the period of abnormal stock fluctuation [1] Market Risks - The company highlighted the uncertainty in tin price trends and mentioned that it will disclose its third-quarter report on the 27th, indicating potential risks [1] - Investors are reminded to make rational investment decisions [1]

云南锡业股份有限公司（以下简称"公司"）股票（证券简称：锡业股份 证 券代码：000960）连续三个交易日内（2025 年 9 月 30 日、10 月 9 日、10 月 10 日）日收盘价涨跌幅偏离值累计达到+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形。 二、公司关注并核实的相关情况说明 针对公司股票交易异常波动情形，在公司开展自查的同时，公司董事会通过 书面征询方式向控股股东云南锡业集团有限责任公司及云南锡业集团（控股）有 限责任公司、个旧锡都实业有限责任公司（以下简称"控股股东及其一致行动人"） 就相关事项进行了核实，现就有关情况说明如下： | 证券代码：000960 | 证券简称：锡业股份 | | | 公告编号：2025-057 | | --- | --- | --- | --- | --- | | 债券代码：148721 | 债券简称：24 | 锡 | KY01 | | | 债券代码：148747 | 债券简称：24 | 锡 | KY02 | | 云南锡业股份有限公司 关于股票交易异常波动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记 ...

Core Insights - On October 10, a total of 45 stocks were involved with institutional investors, with 21 stocks showing net buying and 24 stocks showing net selling [1][2]. Institutional Buying - The top three stocks with the highest net buying by institutions were: - Shenzhen Technology: Net buying amount of 178.75 million yuan, with a daily increase of 3.46% [2]. - Xiyu Co., Ltd.: Net buying amount of 125.60 million yuan, with a daily increase of 0.56% [2]. - Dawi Co., Ltd.: Net buying amount of 84.37 million yuan, with a daily decrease of 0.78% [2]. Institutional Selling - The top three stocks with the highest net selling by institutions were: - GoerTek: Net outflow amount of 38.25 million yuan, with a daily decrease of 9.40% [4]. - Guomai Culture: Net outflow amount of 35.76 million yuan, with a daily decrease of 19.18% [4]. - Yongding Co., Ltd.: Net outflow amount of 33.28 million yuan, with a daily increase of 5.94% [4].

Summary of Key Points - The company, Xiyegongsi (000960.SZ), announced a share buyback program, having repurchased a total of 370,000 shares as of September 30, 2025, which represents 0.0225% of its total share capital [1] - The highest transaction price for the repurchased shares was 19.96 yuan per share, while the lowest was 17.74 yuan per share [1] - The total amount spent on the share buyback was 7.0053 million yuan, excluding transaction fees [1]

Company Summary - Xiyeg股份 announced on October 10 that as of September 30, 2025, it has repurchased a total of 370,000 shares through a dedicated securities account via centralized bidding, accounting for 0.0225% of the company's total share capital [1] - The highest transaction price for the repurchased shares was 19.96 CNY per share, while the lowest was 17.74 CNY per share, with a total transaction amount of approximately 7.01 million CNY [1] - For the first half of 2025, Xiyeg股份 reported that 99.68% of its revenue came from the non-ferrous metal industry, with other businesses contributing 0.32% [1] - As of the report date, the market capitalization of Xiyeg股份 is 41.6 billion CNY [1] Industry Overview - The non-ferrous metal industry remains a significant revenue driver for Xiyeg股份, indicating a strong focus on this sector [1]

| 证券代码：000960 | 证券简称：锡业股份 | | | 公告编号：2025-056 | | --- | --- | --- | --- | --- | | 债券代码：148721 | 债券简称：24 | 锡 | KY01 | | | 债券代码：148747 | 债券简称：24 | 锡 | KY02 | | 云南锡业股份有限公司 关于回购公司股份的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或者重大遗漏。 云南锡业股份有限公司（以下简称"锡业股份"或"公司"）于 2025 年 6 月 30 日召开 2025 年第二次临时股东大会，审议通过了《关于回购公司股份的方 案》，同意公司使用自有资金以集中竞价交易方式回购公司部分人民币普通股（A 股）股票，用于注销并减少注册资本。本次回购价格不超过 21.19 元/股（含）， 本次回购资金总额不低于人民币 1 亿元（含）且不超过人民币 2 亿元（含），具 体回购股份数量以回购期满时实际回购的股份数量为准，回购期限自公司股东大 会审议通过本次回购股份方案之日起 12 个月内。具体内容详见公司于 2025 年 7 月 ...

Group 1 - The metal lead concept increased by 6.14%, ranking second among concept sectors, with 33 stocks rising, including Zhejiang Fu Holdings, High Energy Environment, and Silver Nonferrous, which hit the daily limit [1] - Leading stocks in the metal lead sector included Yuguang Gold Lead, Tin Industry Co., and Chifeng Jilong Gold, which rose by 9.87%, 8.60%, and 8.52% respectively [1] Group 2 - The top concept sectors for the day included controllable nuclear fusion at 6.97%, metal lead at 6.14%, and superconducting concepts at 5.85% [2] - The metal lead sector experienced a net outflow of 268 million yuan, with 18 stocks seeing net inflows, and 6 stocks with inflows exceeding 100 million yuan [2] - The leading net inflow stock was Western Mining, with a net inflow of 245 million yuan, followed by China Metallurgical Group and Xingye Silver Tin with inflows of 223 million yuan and 221 million yuan respectively [2] Group 3 - In terms of capital inflow ratios, Zhejiang Fu Holdings, Silver Nonferrous, and Smart Agriculture had the highest net inflow rates at 38.25%, 19.18%, and 16.07% respectively [3] - The top stocks in the metal lead sector by net inflow included Western Mining with a 10% increase, China Metallurgical Group with a 7.53% increase, and Xingye Silver Tin with a 10% increase [3]

Core Viewpoint - Yunnan Tin Company Limited has reached a transaction volume of 1.642 billion RMB, marking the highest level since March 18, 2025, with a stock price increase of 8.90% and a turnover rate of 4.03% [2] Company Summary - Yunnan Tin Company Limited was established on November 23, 1998, with a registered capital of 1.645801952 billion RMB [2]

Group 1 - The metal lead concept increased by 3.61%, ranking second among concept sectors, with 29 stocks rising, including Shengtun Mining, China Metallurgical Group, and Xiyu Co., which hit the daily limit [1][2] - Notable gainers in the lead sector included Huaxi Nonferrous, Yuguang Gold Lead, and China Nonferrous, which rose by 9.98%, 6.92%, and 5.44% respectively [1][2] - The sector saw a net inflow of 230 million yuan, with 13 stocks receiving net inflows, and 9 stocks exceeding 10 million yuan in net inflow, led by Xiyu Co. with a net inflow of 440 million yuan [2][3] Group 2 - The leading stocks in terms of net inflow ratio were Xiyu Co., China Metallurgical Group, and Shengtun Mining, with net inflow ratios of 37.94%, 23.86%, and 7.66% respectively [3] - The trading performance of key stocks showed significant increases, with Xiyu Co. up by 9.98% and China Metallurgical Group by 10.00%, indicating strong market interest [3][4] - The overall market sentiment for the lead sector appears positive, as evidenced by the substantial net inflows and price increases among leading companies [2][3]

Core Insights - The zinc metal concept has seen a significant increase of 3.62%, making it the top-performing sector in the market, with 34 stocks rising, including notable gainers like Shengtun Mining and Xiyang Co., which hit the daily limit up [1][2] Group 1: Market Performance - The zinc metal sector led the market with a 3.62% increase, followed closely by lead at 3.61% and cobalt at 3.49% [2] - Among the top gainers, Shengtun Mining rose by 10.02%, while Xiyang Co. and *ST Zhengping also reached the daily limit up [1][3] - The sector experienced a net outflow of 225 million yuan, despite 14 stocks seeing net inflows, with Xiyang Co. leading with a net inflow of 440 million yuan [2][3] Group 2: Stock Performance - Xiyang Co. had the highest net inflow rate at 37.94%, followed by Shengtun Mining at 7.66% and ST Jinglan at 6.37% [3] - Other notable performers included Baiyin Nonferrous and Hengbang Co., with net inflows of 43.18 million yuan and 29.03 million yuan, respectively [3][4] - Conversely, stocks like Wolong New Energy and Hunan Silver saw declines of 2.94% and 0.99%, respectively, indicating mixed performance within the sector [1][5]