Group 1 - The company, Yunnan Tin Company Limited, will disclose its 2025 semi-annual report and summary on August 25, 2025 [1] - A semi-annual performance briefing will be held on August 25, 2025, from 15:00 to 16:00 via an online interactive platform [1] - The company aims to enhance communication with investors by publicly soliciting questions in advance of the performance briefing [2] Group 2 - Key personnel attending the semi-annual performance briefing include Chairman Liu Lukai, Vice General Manager Huang Shixian, Independent Director Wang Daobin, CFO Yue Min, and Secretary of the Board Yang Jiawei [2] - Investors can submit questions until 15:00 on August 25, 2025, through the designated online platform [2] - The company will address commonly raised questions from investors during the performance briefing [2]

为充分尊重投资者，提升业绩说明会交流效果，现就公司 2025 年半年度业 绩说明会提前向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可 于 2025 年 8 月 25 日（星期一）15:00 前访问 http://ir.p5w.net/zj/，或扫描下方二 维码，进入问题征集专题页面。公司将在 2025 年半年度业绩说明会上对投资者 普遍关注的问题进行回答。 | 证券代码：000960 | 证券简称：锡业股份 | | | 公告编号：2025-044 | | --- | --- | --- | --- | --- | | 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 关于举办 2025 年半年度业绩说明会的公告 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"公司"）将于 2025 年 8 月 25 日披露《2025 年半年度报告》及《2025 年半年度报告摘要》，为便于广大投资者进一步了解 ...

Group 1: Tungsten Price Trends - Tungsten prices have been on the rise throughout the year, with significant increases noted in recent weeks. As of August 20, the price of 65% tungsten concentrate reached 217,000 yuan/ton, up 3,000 yuan/ton from August 19, marking a 51.75% increase since the beginning of the year [5][8] - The price of ammonium paratungstate (APT) at 88.5% purity is reported at 311,500 yuan/ton, reflecting a 47.98% increase year-to-date, while tungsten powder is priced at 482.5 yuan/kg, up 53.91% since the start of the year [5][8] Group 2: Supply and Demand Dynamics - The surge in tungsten prices is attributed to tightening supply and emerging demand. The Ministry of Natural Resources has set a control target for tungsten mining at 58,000 tons for 2025, a reduction of 4,000 tons or 6.45% from the previous year [8] - Major tungsten-producing regions, such as Jiangxi and Yunnan, have also seen reductions in mining output, contributing to a significant decrease in market circulation [8] - Demand for tungsten is growing in various sectors, including aerospace, defense, and electronics, with notable increases in the renewable energy sector, particularly in photovoltaic applications [8] Group 3: Market Performance and Stock Analysis - Tungsten-related stocks in the A-share market have generally performed well, with an average increase of 10.1% since August. Leading stocks include Luoyang Molybdenum, Zhongtung High-tech, and Xianglu Tungsten, with respective gains of 22.48%, 18.99%, and 17.41% [10][14] - The valuation of some tungsten concept stocks remains low, with a median rolling P/E ratio of 30.24 times, and several stocks, including Shengtun Mining and Luoyang Molybdenum, having P/E ratios below 20 times [11][12] - Luoyang Molybdenum is expected to report a net profit of 8.2 to 9.1 billion yuan for the first half of the year, representing a year-on-year growth of 51.37% to 67.98% [12]

Group 1 - The A-shares market opened lower but rebounded, with the Shanghai Composite Index rising by 0.08% as of 11:00 AM on August 20 [1] - The A500 ETF managed by Harvest (159351) saw its constituent stock, Fuyao Glass, hit the daily limit, while Xiyuan Co. surged over 5% [1] - The A500 ETF's trading volume exceeded 2 billion yuan, indicating active market participation [1] Group 2 - As of August 19, the A500 ETF's total scale reached 12.601 billion yuan, with an average daily trading volume of 2.248 billion yuan and an average turnover rate of 1.789 billion yuan [1] - The total trading volume for August reached 40.399 billion yuan, ranking second among similar products in the Shenzhen market [1] - According to Galaxy Securities, there is a clear trend of residents reallocating wealth towards financial assets, with increased market risk appetite driving capital inflows [1] Group 3 - Industry experts suggest that the China Securities A500 Index has become an ideal choice for balanced allocation and sharing the growth dividends of core A-share assets, especially in the context of frequent market style rotations and policy support for index investment [1] - Currently, there are 39 ETFs tracking the A500 Index, with a combined latest scale of 181.329 billion yuan [1]

转自：新华财经 近日，在国家外汇管理局云南省分局指导下，中国银行云南省分行成功为云南锡业股份有限公司（以下 简称：云锡股份公司）搭建"跨国公司本外币一体化资金池"并办理相关业务，标志着全省首个高版本本 外币一体化资金池成功落地。 云南锡业股份有限公司多年来稳健经营不断发展壮大，作为全省跨国集团"走出云南、面向世界"的翘 楚，跨境结算遍及多个国家和地区，对于跨境资金高效、安全运营管理具有实际需求。为助力省内跨国 企业用足、用实政策便利，国家外汇管理局云南省分局与中国银行云南省分行第一时间成立基于新政策 的"政银"专家小组，为云锡股份公司提供政策宣导、方案设计、业务筹备等一揽子综合金融服务，最终 联动中银香港、中银集团法兰克福分行，成功搭建全省首个跨国公司本外币一体化资金池，相关功能全 部开通。资金池获批首日，即实现代境外成员单位云锡香港进行集中收付业务落地。下一步，云锡股份 公司也将依托高版本资金池跨境资金管理强大功能，为公司全球化业务拓展提供更加安全、高效的资金 运营保障。 中国银行云南省分行作为云南省国际化程度最高的国有商业银行，国际结算与跨境人民币结算市场份额 多年保持同业首位，尤其在跨境资金集中运营方面 ...

Core Points - The CSI Tencent Ji'an Value 100 A-Share Index has shown significant growth, with a 6.92% increase over the past month, 13.78% over the past three months, and 14.10% year-to-date [1] - The index is composed of 100 listed companies selected based on their investment value assessments by Tencent and Ji'an Jinxin's evaluation committee [1] - The index's top ten holdings include Huaguang Huaneng (1.94%), Chenxin Pharmaceutical (1.92%), and Taotao Automotive (1.8%) among others [1] Market Composition - The CSI Tencent Ji'an Value 100 A-Share Index is primarily composed of stocks from the Shanghai Stock Exchange (64.71%) and Shenzhen Stock Exchange (35.29%) [1] - The industry distribution of the index shows that Industrial sector holds 27.80%, Consumer Discretionary 17.84%, and Materials 12.44% among others [2] Index Management - The index samples are adjusted biannually, with changes implemented on the next trading day after the second Friday of June and December [2] - In special circumstances, the index may undergo temporary adjustments, such as when a sample company is delisted or undergoes significant corporate changes [2] Fund Tracking - Public funds tracking the CSI Tencent Ji'an include the Galaxy Regular Investment Fund [3]

Core Viewpoint - The company, Xiyeg股份, is actively engaging in share repurchase to reduce its registered capital, reflecting a strategic move to enhance shareholder value amidst fluctuating stock performance [1] Group 1: Stock Performance - As of August 7, 2025, Xiyeg股份's stock price closed at 18.04 yuan, down by 0.15 yuan, representing a decline of 0.82% from the previous trading day [1] - The trading volume on that day was 208,182 hands, with a total transaction amount of 375 million yuan, and the stock experienced a fluctuation of 3.46% [1] Group 2: Company Operations - Xiyeg股份 primarily engages in the mining, smelting, deep processing, and sales of tin and other non-ferrous metals [1] - The company's product offerings include tin ingots, tin materials, and tin chemical products, which are widely used in the electronics, metallurgy, and chemical industries [1] Group 3: Financial Performance - In the first quarter of 2025, Xiyeg股份 achieved an operating revenue of 9.729 billion yuan and a net profit attributable to shareholders of 499 million yuan [1] Group 4: Share Repurchase - On August 7, 2025, the company announced its first share repurchase of 170,000 shares, accounting for 0.0103% of the total share capital, with a transaction price range of 17.74 to 17.85 yuan, totaling 3.02 million yuan [1]

Core Viewpoint - The company, Xiyegongsi, has initiated its first share buyback on August 7, 2025, through a centralized bidding process, indicating a strategic move to enhance shareholder value [1] Summary by Categories Share Buyback Details - The company repurchased a total of 170,000 shares, which represents 0.0103% of its current total share capital [1] - The highest transaction price during the buyback was 17.85 yuan per share, while the lowest was 17.74 yuan per share [1] - The total transaction amount for the buyback was 3.0248 million yuan, excluding transaction fees [1]

云南锡业股份有限公司 关于以集中竞价交易方式首次回购公司股份的公告 证券代码：000960 证券简称：锡业股份 公告编号：2025-043 债券代码：148721 债券简称：24 锡 KY01 债券代码：148747 债券简称：24 锡 KY02 （一）公司未在下列期间内回购公司股票： 生之日或者在决策过程中，至依法披露之日内； （二）公司以集中竞价交易方式回购股份符合下列要求： 限制的交易日内进行股份回购的委托； 公司后续将根据市场情况在回购期限内继续择机实施本次回购方案，并按照 相关法律法规、规范性文件的规定及时履行信息披露义务。敬请广大投资者注意 投资风险。 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 ...

| 证券代码：000960 | 证券简称：锡业股份 | | 公告编号：2025-043 | | --- | --- | --- | --- | | 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 1.自可能对本公司证券及其衍生品种交易价格产生重大影响的重大事项发 生之日或者在决策过程中，至依法披露之日内； 关于以集中竞价交易方式首次回购公司股份的公告 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 ...