Group 1 - The company, Sichuan Gold (001337), is engaged in gold mining and selection business, with its main product being gold concentrate [1]

Group 1 - The company WeiHua New Materials announced that 9.45 million restricted shares will be unlocked and listed for trading on February 24, 2026, representing 2.74% of the total share capital [1] Group 2 - The article highlights the trend of young executives, particularly those born in the 2000s, taking on significant roles in A-share companies, which poses a major test of responsibility towards investors [1]

Core Viewpoint - The precious metals market experienced a dramatic decline on February 5, 2026, with silver prices plummeting over 14% and gold dropping more than 3%, leading to significant losses in related stocks and a stark contrast between capital market panic and physical market demand [1][3][4]. Market Performance - On February 5, silver prices fell to a low of $75.83 per ounce, while the Shanghai Futures Exchange saw silver contracts drop nearly 15% to 19,340 yuan per kilogram. Gold prices fell below the critical psychological level of $4,800 [1][4]. - A significant number of stocks related to gold and silver, such as Hunan Gold and Sichuan Gold, hit their daily limit down, reflecting a widespread sell-off in the sector [1][4][5]. Market Dynamics - The decline was preceded by a strong performance in January, where gold prices reached nearly $5,600 per ounce and silver exceeded $120 per ounce, resulting in gains of over 25% for gold and 60% for silver in just a month [3][4]. - The sell-off on February 5 was characterized by a lack of liquidity and a surge in stop-loss orders, creating a downward spiral in prices [4][6]. Regulatory Changes - Prior to the crash, exchanges raised margin requirements for silver contracts, which forced leveraged traders to either add funds or face forced liquidation, exacerbating the price decline [6][12]. - Major banks issued risk warnings to clients regarding the heightened volatility in the precious metals market, advising caution and stricter trading rules [12]. Institutional Behavior - Large investment institutions began to adjust their portfolios, with noticeable outflows from major gold ETFs during the price drop, indicating a shift in institutional sentiment [7][12]. - Analysts noted that the market's reaction was influenced by macroeconomic factors, including potential changes in U.S. Federal Reserve leadership and interest rate expectations, which could strengthen the dollar and negatively impact gold and silver prices [6][12]. Physical Market Response - Despite the turmoil in the capital markets, physical gold and silver demand surged in places like Shenzhen, where customers flocked to purchase gold bars, viewing the price drop as an opportunity [9][10]. - Retail gold prices adjusted downward in response to falling wholesale prices, making gold jewelry more attractive to consumers [10]. Analyst Perspectives - Analysts from various firms expressed differing views on the causes of the market decline, with some attributing it to technical adjustments and profit-taking, while others pointed to macroeconomic uncertainties stemming from U.S. Federal Reserve personnel changes [12][13]. - The overall sentiment in the market shifted from extreme optimism to fear, with many investors now closely monitoring support levels and physical demand to gauge future price stability [13].

（记者 曾健辉） 每经头条（nbdtoutiao）——基金经理个人炒股合法吗？我们调查了多家头部公募，答案出人意料 每经AI快讯，四川黄金2月6日晚间发布公告称，经薪酬与提名委员会审查，并经董事会审议，同意聘 任徐碧良先生为公司副总经理，任职期限与第二届董事会一致。 ...

证券代码：001337 证券简称：四川黄金 公告编号：2026-009 四川黄金股份有限公司 第二届董事会第十二次会议决议暨聘任副总经理的 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。 一、会议召开情况 四川黄金股份有限公司（以下简称"公司"）第二届董事会第十二次会议 于 2026 年 2 月 6 日以通讯方式召开。本次会议通知于 2026 年 2 月 3 日以电话 或电子邮件等方式发出。本次会议由董事长冯希尧主持，应到董事 12 人，实到 董事 12 人。公司部分高级管理人员列席了本次会议。本次会议的召集、召开、 表决等程序符合《中华人民共和国公司法》及相关法律法规和《公司章程》 《董事会议事规则》的规定。 表决结果：同意 12 票；反对 0 票；弃权 0 票。 经薪酬与提名委员会审查，并经董事会审议，同意聘任徐碧良先生为公司 副总经理，任职期限与第二届董事会一致。上述聘任后，公司第二届董事会中 兼任公司高级管理人员以及职工代表担任的董事人数总计未超过公司董事总数 的二分之一，符合相关法律法规的要求。徐碧良先生简历详见附件。 三、备查文件 1、第二届 ...

Group 1 - Precious metals concept shows partial recovery, with Hunan Gold (002155) achieving a remarkable 10 consecutive trading days of gains [1] - Chao Hong Ji (002345) hits the daily limit up, indicating strong market interest [1] - Other companies such as Cuihua Jewelry (002731), Xiaocheng Technology (300139), China Gold (600916), Sichuan Gold (001337), and Huayu Mining (601020) also experience upward movement [1]

Core Viewpoint - Sichuan Gold's stock price has experienced significant fluctuations, with a year-to-date increase of 58.97% but a recent decline of 33.08% over the past five trading days [1] Group 1: Stock Performance - On February 6, Sichuan Gold's stock fell by 3.82%, trading at 44.29 CNY per share, with a total transaction volume of 301 million CNY and a turnover rate of 2.37% [1] - The company has seen a net inflow of 15.16 million CNY from major funds, with large orders accounting for 15.39% of total purchases [1] - Sichuan Gold has appeared on the daily trading leaderboard seven times this year, with the most recent appearance on February 4, where it recorded a net buy of -9.26 million CNY [1] Group 2: Financial Performance - For the period from January to September 2025, Sichuan Gold reported a revenue of 788 million CNY, representing a year-on-year growth of 49.43%, and a net profit attributable to shareholders of 369 million CNY, up 87.36% year-on-year [2] - Since its A-share listing, Sichuan Gold has distributed a total of 336 million CNY in dividends [3] Group 3: Shareholder Information - As of September 30, 2025, Sichuan Gold had 35,900 shareholders, a decrease of 18.44% from the previous period, with an average of 8,041 shares held per shareholder, an increase of 22.60% [2] - Notable new shareholders include Hong Kong Central Clearing Limited and the Gold Stock ETF, which are now among the top ten circulating shareholders [3]

Core Viewpoint - The company emphasizes innovation, talent development, and incentive mechanisms as key components of its growth strategy, aiming to share development results with employees and enhance their initiative [2] Group 1 - The company is committed to building a scientific, fair, and long-term incentive mechanism [2] - As part of its incentive plan, the company will issue 5.2504 million A-shares to 119 designated incentive recipients by March 2025 [2] - The restricted shares are currently under a lock-up period, and the company will handle subsequent matters according to the release conditions and relevant legal regulations [2]

Core Viewpoint - The company plans to disclose its 2025 annual report and related announcements on April 28, 2026 [2] Company Summary - The company, Xueqi Electric, is preparing for the release of its annual report for the year 2025 [2] - The announcement date for the report is set for April 28, 2026 [2] Industry Summary - No specific industry-related information is provided in the article [2]

Group 1: Market Overview - Precious metals sector experiences significant adjustments, with Hunan Silver hitting the daily limit down and Xiaocheng Technology dropping over 10% [3][8] - Major declines observed in several gold and silver companies, including Sichuan Gold, Hunan Gold, and Zhaojin Mining [3][4] Group 2: Price Fluctuations - International gold and silver prices continue to fluctuate, with April gold futures trading between $4,800 and $5,000 per ounce, and March silver futures between $70 and $90 per ounce [4][6] - Following substantial sell-offs, precious metal prices remain volatile near key psychological levels, with analysts warning of ongoing selling pressure [5][10] Group 3: Analyst Insights - Analysts from various financial institutions express concerns about the short-term outlook for gold and silver prices, indicating that the market may not have reached a bottom yet [5][10] - The recent sell-off in precious metals is viewed as a market adjustment rather than a trend reversal, suggesting a more stable and non-linear price increase in the future [5][10]