| | | 占用方与上市公 | 上市公司核算的 | 2025 年上半年 | 2025 年上半年度占用 | 2025 年上半年度 | 2025 年上半年 | 2025 年上半年 | 占用形 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 非经营性资金占用 | 资金占用方名称 | | | | 累计发生金额(不含利 | 占用资金的利息 | 度偿还累计发 | 期末占用资金 | | 占用性质 | | | | 司的关联关系 | 会计科目 | 占用资金余额 | 息) | (如有) | 生金额 | 余额 | 成原因 | | | 控股股东、实际控制 - | | - | - | - | | - - | | - | - - | 非经营性占用 | | 人及其附属企业 - | | - | - | - | | - - | | - | - - | 非经营性占用 | | 小 计 | | | | - | | - - | | - | - - | | | 前控股股东、实际控 - | | - | - | - | | - - | | - | - - | ...

第六届董事会第十八次会议决议公告 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。 一、董事会会议召开情况 大中矿业股份有限公司（以下简称"公司"）第六届董事会第十八次会议通 知于 2025 年 8 月 10 日以电子邮件形式通知全体董事，会议于 2025 年 8 月 20 日上午 8:30 以现场结合通讯方式召开，本次会议应参会董事 7 名，实际参会董 事 7 名。 会议由公司董事长牛国锋先生主持，本次会议的召集、召开程序符合《中华 人民共和国公司法》（以下简称"《公司法》"）相关法律、行政法规、部门规 章、规范性文件和《公司章程》有关规定。 二、董事会会议审议情况 经与会董事认真审议，会议审议并通过了以下议案： | 证券代码：001203 | 证券简称：大中矿业 | 公告编号：2025-105 | | --- | --- | --- | | 债券代码：127070 | 债券简称：大中转债 | | 大中矿业股份有限公司 表决结果：同意 7 票，反对 0 票，弃权 0 票。 公司董事会审计委员会审议通过了该议案 具体内容详见公司同日于巨潮资讯网（http://w ...

Financial Performance - The company reported a revenue of 1.2 billion RMB for the first half of 2025, representing a year-on-year increase of 15%[17]. - The net profit attributable to shareholders was 300 million RMB, up 20% compared to the same period last year[17]. - The company's operating revenue for the reporting period was ¥1,972,326,599.41, a decrease of 0.07% compared to the same period last year[23]. - Net profit attributable to shareholders was ¥405,561,886.96, reflecting a decline of 12.32% year-over-year[23]. - The net profit after deducting non-recurring gains and losses was ¥400,291,505.85, down 12.66% from the previous year[23]. - The net cash flow from operating activities decreased by 28.46% to ¥627,642,696.34 compared to the same period last year[23]. - The company achieved operating revenue of 1.972 billion yuan, with iron concentrate contributing 1.402 billion yuan and pellets contributing 404 million yuan[49]. - The net profit for the reporting period was 406 million yuan, a decrease of 12.32% compared to the same period last year[49]. - The average selling price of iron concentrate was 827 yuan/ton, reflecting a year-on-year decline of 11.61%, but still outperforming market benchmarks[49]. - The company reported a loss of 671.67 million yuan for the first half of 2025, primarily due to production stoppages during the reporting period[93]. Investment and Development - The company plans to invest 500 million RMB in new product development and technology research in the next fiscal year[17]. - The company is exploring potential mergers and acquisitions to enhance its resource base and operational capabilities[17]. - The company is accelerating the development of lithium mines in Hunan and Sichuan, which are expected to become new profit growth points[30]. - The company has established a resource energy investment guidance fund of 5 billion yuan in Sichuan to support exploration of strategic minerals, including lithium and titanium[40]. - The company plans to increase the production capacity of the Zhouyoufang Iron Mine to 650,000 tons per year, with the project expected to reach operational status by December 2026[93]. - The company has committed to several investment projects, including the construction of iron ore production facilities, with varying degrees of progress reported[91]. - The company plans to redirect remaining fundraising towards the "2000 tons per year multi-metal resource comprehensive recovery project (Phase I)" following adjustments approved in April 2025[93]. - The company has initiated the construction of a new facility expected to produce 3.00 million tons of lithium by 2026[92]. - The company is focusing on R&D for new technologies in lithium extraction, with an investment of 24.7 million in the upcoming fiscal year[92]. Market Strategy - The company has outlined a market expansion strategy targeting Southeast Asia, aiming for a 10% market share by 2026[17]. - User data indicates a 25% increase in active users of the company's mining services, reaching 1.5 million users[17]. - The company is actively pursuing partnerships with technology firms to enhance its operational efficiency and product offerings[17]. - The company is exploring partnerships to enhance its supply chain efficiency, aiming for a 5% reduction in operational costs[92]. Shareholder Returns - No cash dividends will be distributed to shareholders for this fiscal year, as the company focuses on reinvestment[7]. - The company plans to repurchase shares worth 200 million to 400 million yuan to enhance shareholder returns and has revised its profit distribution plan to increase cash dividends from 20% to 40% of distributable profits for 2025 and 2026[52]. - The company has successfully completed a share buyback plan, repurchasing 11.39 million shares for a total amount of 107 million yuan, with a planned budget of 200 million to 400 million yuan for future buybacks[116]. - The company has revised its cash dividend policy, increasing the proportion of profits distributed in cash for 2025 and 2026 from 20% to 40% of the distributable profits[116]. Regulatory and Compliance - The management highlighted risks related to market competition and regulatory changes, which could impact future performance[6]. - The implementation of the new Mineral Resources Law in China, effective from July 1, 2025, aims to promote legal, market-oriented, and green transformation in the mining sector, providing policy support for the company's resource acquisition and production increase[37]. - The steel industry regulations issued in February 2025 focus on eliminating outdated production capacity and promoting ultra-low emissions, which will benefit large listed steel companies and high-quality iron ore suppliers[37]. Operational Efficiency - The company has optimized its iron ore processing management, achieving reduced energy consumption and increased output while ensuring stable operations through standardized production and safety management[47]. - The company has implemented advanced automation and intelligent scheduling in its mining operations, achieving a fully unmanned operation in key areas[62]. - The company is focusing on enhancing the mechanization and automation of mining operations to improve production efficiency at the Zhouyoufang and re-collected iron mines[93]. Social Responsibility and Community Engagement - The company has invested over 3.18 million yuan in social responsibility initiatives, including support for local infrastructure and disaster relief efforts[122]. - The company has actively participated in community support, including a donation of 1 million yuan for disaster relief in Urat Front Banner following severe weather events[123]. - The company has organized various employee welfare activities, including summer heat relief supplies and health screenings for female employees[118]. Financial Management - The company has implemented measures to enhance cash flow management and diversify financing channels to mitigate risks associated with cash flow stability[106]. - The company has established a "Market Value Management System" to enhance investment value and protect investor rights[107]. - The company has accepted financial assistance from its controlling shareholder, with a limit of RMB 1.5 billion at an annual interest rate not exceeding 3.75%[141]. Asset Management - Total assets at the end of the reporting period increased by 5.28% to ¥16,230,084,127.03 compared to the end of the previous year[23]. - The total liabilities amounted to 9.71 billion yuan, reflecting a growth of 9.02% from the previous year[193]. - The debt-to-asset ratio stood at 59.82%, with an interest coverage ratio of 4.22[193]. - The total amount of raised funds utilized is RMB 348.6 million, with a remaining balance of RMB 2,697.32 million in the special account[87].

Market Overview - On August 19, the steel raw materials sector declined by 0.56% compared to the previous trading day, with Dazhong Mining leading the decline [1] - The Shanghai Composite Index closed at 3727.29, down 0.02%, while the Shenzhen Component Index closed at 11821.63, down 0.12% [1] Individual Stock Performance - The closing prices and performance of key stocks in the steel raw materials sector are as follows: - Jinling Mining: Closed at 8.75, up 0.92% with a trading volume of 123,700 shares and a turnover of 108 million yuan [1] - Guangdong Mingzhu: Closed at 5.77, up 0.52% with a trading volume of 91,900 shares and a turnover of 52.93 million yuan [1] - Baodi Mining: Closed at 6.56, up 0.15% with a trading volume of 109,200 shares and a turnover of 71.55 million yuan [1] - HeSteel Resources: Closed at 14.35, down 0.07% with a trading volume of 82,900 shares and a turnover of 119 million yuan [1] - Hainan Mining: Closed at 8.19, down 0.24% with a trading volume of 169,000 shares and a turnover of 138 million yuan [1] - Gangtai Co.: Closed at 2.74, down 0.36% with a trading volume of 786,700 shares and a turnover of 216 million yuan [1] - Fangda Carbon: Closed at 4.84, down 0.41% with a trading volume of 262,400 shares and a turnover of 127 million yuan [1] - Ordos: Closed at 10.08, down 1.08% with a trading volume of 88,600 shares and a turnover of 89.88 million yuan [1] - Dazhong Mining: Closed at 11.91, down 1.89% with a trading volume of 142,600 shares and a turnover of 171 million yuan [1] Capital Flow Analysis - The steel raw materials sector experienced a net outflow of 37.27 million yuan from main funds, while retail investors saw a net inflow of 37.87 million yuan [1] - The capital flow for individual stocks shows: - Gangtai Co.: Main funds net inflow of 8.31 million yuan, retail net outflow of 0.13 million yuan [2] - Baodi Mining: Main funds net inflow of 4.00 million yuan, retail net outflow of 0.29 million yuan [2] - Hainan Mining: Main funds net inflow of 0.83 million yuan, retail net outflow of 0.60 million yuan [2] - Fangda Carbon: Main funds net outflow of 1.22 million yuan, retail net inflow of 1.34 million yuan [2] - Guangdong Mingzhu: Main funds net outflow of 1.56 million yuan, retail net inflow of 1.11 million yuan [2] - Jinling Mining: Main funds net outflow of 3.22 million yuan, retail net inflow of 7.49 million yuan [2] - HeSteel Resources: Main funds net outflow of 5.55 million yuan, retail net inflow of 3.68 million yuan [2] - Ordos: Main funds net outflow of 9.20 million yuan, retail net inflow of 11.62 million yuan [2] - Dazhong Mining: Main funds net outflow of 29.68 million yuan, retail net inflow of 16.29 million yuan [2]

| 证券代码：001203 | 证券简称：大中矿业 | 公告编号：2025-104 | | --- | --- | --- | | 债券代码：127070 | 债券简称：大中转债 | | 大中矿业股份有限公司 关于控股股东部分股份解除质押的公告 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。 大中矿业股份有限公司（以下简称"公司"）于近日收到控股股东众兴集团 有限公司（以下简称"众兴集团"）的通知，获悉众兴集团所持有本公司的部分 股份提前解除质押。具体事项如下： 一、股东股份解除质押基本情况 | 1、本次股份解除质押基本情况 | | --- | | 股东 | 是否为控股 股东或第一 | 本次解除质 押股份数量 | 占其所 持股份 | 占公司总 | 质押开始 | 质押解除 日期 | 质权人 | | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | 大股东及其 一致行动人 | （股） | 比例 | 股本比例 | 日期 | | | | 众兴 集团 | 是 | 29,060,000 | 4.15% | 1.9 ...

Group 1 - The metal zinc concept declined by 0.02% as of the close on August 18, ranking among the top declines in the concept sector, with companies like Shengtun Mining, Zijin Mining, and Zhuhai Group experiencing significant drops [1] - Among the 15 stocks that rose, *ST Jinglan, China Nonferrous Metal, and Dazhong Mining led with increases of 5.26%, 2.30%, and 2.19% respectively [1] - The metal zinc concept saw a net outflow of 1.194 billion yuan from major funds today, with 25 stocks experiencing outflows, and 5 stocks seeing outflows exceeding 50 million yuan [2] Group 2 - The top net outflow stocks in the metal zinc concept included Zijin Mining with a net outflow of 514.97 million yuan, Shengtun Mining with 345.54 million yuan, and Hunan Silver with 103.19 million yuan [3] - Conversely, the stocks with the highest net inflows included China Nonferrous Metal, Zhongjin Lingnan, and CITIC Metal, with inflows of 48.08 million yuan, 20.43 million yuan, and 18.70 million yuan respectively [2][3] - The trading volume for Zijin Mining was 1.27%, while Shengtun Mining had a turnover rate of 7.04% [3]

Core Insights - The steel raw materials sector experienced a slight increase of 0.21% on August 18, with Dazhong Mining leading the gains [1] - The Shanghai Composite Index closed at 3728.03, up 0.85%, while the Shenzhen Component Index closed at 11835.57, up 1.73% [1] Sector Performance - Dazhong Mining (001203) closed at 12.14, with a rise of 2.19% and a trading volume of 185,700 shares, amounting to a transaction value of 224 million yuan [1] - Other notable stocks include: - Hainan Mining (601969) at 8.21, up 1.36% with a trading volume of 236,100 shares [1] - Steel Titanium Co. (000629) remained unchanged at 2.75 with a volume of 960,500 shares [1] - Fangda Carbon (600516) decreased by 0.21% to 4.86 with a volume of 317,900 shares [1] Capital Flow Analysis - The steel raw materials sector saw a net outflow of 21.06 million yuan from institutional investors, while retail investors experienced a net outflow of 27.06 million yuan [1] - Conversely, speculative funds recorded a net inflow of 48.13 million yuan [1] Individual Stock Capital Flow - Steel Titanium Co. (000629) had a net inflow from institutional investors of over 6.80 million yuan, but a net outflow from retail investors of 1.46 million yuan [2] - Dazhong Mining (001203) experienced a net outflow of 1.11 million yuan from institutional investors, while speculative funds brought in 4.49 million yuan [2] - Hainan Mining (601969) saw a net inflow of 4.13 million yuan from institutional investors, with retail investors experiencing a net outflow of 3.34 million yuan [2]

| 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 600516 方大炭素 | | 1371.78万 | 8.21% | -17.93万 | -0.11% | -1353.85万 | -8.10% | | 600382 广东明珠 | | 56.47万 | 0.95% | 90.69万 | 1.53% | -147.16万 | -2.48% | | 600295 鄂尔多斯 | | -71.18万 | -0.53% | -367.88万 | -2.72% | - 439.06万 | 3.24% | | 000655 金岭矿业 | | -143.26万 | -1.25% | 210.81万 | 1.84% | -67.55万 | -0.59% | | 000923 河钢资源 | | -453.29万 | -2.93% | -215.69万 | -1.40% | 668.98万 | 4.33% | | 601121 | 宝地矿 ...

Core Viewpoint - The article highlights the competitive advantages of Dazhong Mining, emphasizing its resource reserves, growth potential, and comprehensive management capabilities in the mining industry [1] Company Summary - Dazhong Mining participated in an investor communication event focused on high-quality development for listed companies in Inner Mongolia [1] - The company’s core competitive advantages include rich resource reserves, strong growth potential, professional mining management capabilities, and complementary industrial advantages [1] - Dazhong Mining operates a self-sustaining production model across the entire industry chain, which enhances its cost competitiveness [1] - The company integrates mechanization, automation, and intelligent mining practices, along with green mining and industrial tourism [1]

Core Viewpoint - Dazhong Mining has signed an investment agreement to build a "3000 tons per year metal lithium battery material project" in Linwu County, with a total investment of 1 billion yuan, indicating a strategic acceleration in the new energy sector [1][2]. Group 1: Project Details - The project will be constructed in three phases: Phase 1 focuses on research and development, expected to complete by 2025; Phase 2 involves building a production line with an annual capacity of 1000 tons, starting construction in April 2026 and expected to be operational by the end of 2027; Phase 3 aims to expand production with an additional 2000 tons capacity, starting construction in June 2027 and expected to be operational by the end of 2028 [1]. - The cooperation period for the project is set from June 2025 to May 2030 [1]. Group 2: Market Context and Strategic Importance - Metal lithium battery materials are crucial for high-performance batteries, particularly solid-state batteries, which are seen as the core development direction for next-generation battery technology [2]. - Dazhong Mining has already established a complete industrial chain in the lithium battery sector, owning 3.24 million tons of lithium carbonate equivalent in Linwu County, which enhances its competitiveness and profitability in the new energy industry [2]. - The company reported a revenue of 925 million yuan and a net profit of 225 million yuan in Q1 2025, showcasing strong performance [2]. Group 3: Government Support and Industry Transition - The collaboration with the Linwu High-tech Industrial Development Zone reflects local government support for the new energy industry, providing a favorable environment for project implementation [3]. - Dazhong Mining's transition from a traditional iron ore mining company to a player in the lithium sector illustrates the strategic choices traditional mining companies are making in response to the dual carbon goals [3]. - The successful implementation of the lithium battery material project is expected to enhance Dazhong Mining's market position in the new energy materials sector and create long-term value for shareholders [3].