Group 1 - The industrial metal sector is experiencing a rebound, with significant gains in various companies [1] - Innovative Materials has reached the daily limit increase, indicating strong market interest [1] - Other companies such as Luoping Zinc Electric, Huayu Mining, Yian Technology, Jintian Co., Zhuhai Group, New Weiling, and Hongchuang Holdings have also seen upward movement in their stock prices [1]

来源：上海证券报·中国证券网 上证报中国证券网讯 8月20日早盘，有色金属板块震荡走强，截至9时42分，罗平锌电、金田股份、云 南锗业涨停，金力永磁、锡业股份、丰华股份、株冶集团涨逾5%，华锡有色等跟涨。 | 序号 代码 | | 名称 | 最新 | 涨幅% ↑ | | --- | --- | --- | --- | --- | | 1 | | 002114 罗平锌电 | 8.01 | 10.03 | | 2 | 601609 | 等田股份 | 14.75 | 9.99 | | 3 | 002428 | 云南省V | 28.40 | 9.99 | | র্ব | | 300748 金力永磁 | 30.50 | 5.76 | | 5 | | 000960 锡业股份 | 19.40 | ર્સ્ટ | | 6 | | 600615 丰安股份 | 14.40 | 5.57 | | 1 | | 600961 株冶集团 | 12.95 | 5.20 | | 8 | 600301 | 华锡有色 | 27.32 | 3.88 | 来源：choice金融终端 ...

Group 1 - The company has submitted the renewal materials for its mining license, but the approval process is delayed due to the new Mineral Resources Law that will be implemented starting July 2025 [2] - The company is actively working to expedite the continuation of its mining license [2]

Core Viewpoint - The article discusses the increasing trend of local state-owned enterprises (SOEs) engaging in mergers and acquisitions (M&A) of listed companies, driven by diverse motivations beyond mere financial metrics, such as enhancing industry advantages and attracting investment [1][6]. M&A Logic - In May 2025, Luoping Zinc Electric announced the sale of 22.396% of its shares to Qujing Development Investment Group, marking a shift in control from Luoping County's state-owned assets to Qujing City's state-owned assets [2][3]. - Local SOEs often target companies with a market value below 5 billion yuan to manage financial pressure during acquisitions [2][3]. Financial Performance - Luoping Zinc Electric reported negative net profits for three consecutive years, with figures of -236 million yuan in 2022, -209 million yuan in 2023, -79 million yuan in 2024, and -45 million yuan in Q1 2025, while its market value stood at 2.332 billion yuan as of July 31 [3]. Policy Environment - The regulatory environment has become more supportive of M&A activities, with the China Securities Regulatory Commission issuing guidelines to promote M&A and local governments formulating policies to encourage state-owned enterprises to invest in listed companies [4][5]. Investment Attraction - Attracting investment has emerged as a primary goal for many local SOEs, with initiatives to enhance collaboration with central enterprises, private firms, and foreign companies to optimize local investment environments [5][6]. Transformation of Investment Strategies - Local investment companies are shifting their focus from land finance to industrial strategies, as seen in the acquisition of Guangyang Co. by Huangshan Construction Investment Group, which aims to enhance competitiveness and optimize industry structure [7][8]. Economic Impact - The acquisition of Guangyang Co. is expected to create a manufacturing base for high-end automotive components, with an investment of 1 billion yuan and the establishment of a 1 billion yuan industrial fund, contributing significantly to local economic development [8][9].

町 大 中 小 ) | | 2025年7月21日-2025年7月27日 | | | | --- | --- | --- | --- | | | 无条件批准经营者集中案件列表 | | | | 序 특 | 案件名称 | 参与集中的经营者 | 审结时间 | | | 曲靖市发展投资集团有限公司收购云南罗平锌电股份有限公司股权案 | 曲靖市发展投资集团有限公司、云南罗平锌电股份有限公司 | 2025年7月24 l H | | | l四川省生态环保产业集团有限责任公司收购四川久环环境技术有限责任 四川省生态环保产业集团有限责任公司、 四川久环环境技术有 公司股权案 | 限责任公司 | 2025年7月24 ll H | | | | | 2025年7月26 | | ਤੇ | 今翊资本第II期有限合伙收购JM Corporation股权案 | 今翊资本第II期有限合伙、JM Corporation、许青松、王绍梅 | IH | 日期：2025-07-29 来源：市市场监管局 搜索您想了解的政策/资讯/服务 信用信息公示 热门搜索： 开办企业 首页 政务公开 政务服务 互动交流 走 您当前的位置：首页 > 专题专栏 > 经营者集 ...

关于控股股东协议转让公司股份收到国家市场监督管理总 局《经营者集中反垄断审查不实施进一步审查决定书》暨权益 变动的进展公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，不存在虚假 记载、误导性陈述或重大遗漏。 一、本次权益变动概述 云南罗平锌电股份有限公司(以下简称"公司")控股股东罗平县锌电公司(以 下简称"锌电公司")于2025年5月30日与曲靖市发展投资集团有限公司(以下简 称"曲靖发投")签署了《股份转让协议》，约定锌电公司向曲靖发投转让其持 有的公司7242.7600万股无限售流通股份(占上市公司股份总数22.3960%)。 此后，公司收到《曲靖市人民政府国有资产监督管理委员会关于同意以非公 开协议转让方式转让国有企业上市公司部分股份的批复》，同意锌电公司以非公 开协议转让的方式将持有的公司股份合计22.396%股份(7242.76万股)股权转让 给曲靖发投。 具体内容分别详见公司于2025年6月4日、2025年6月21日在巨潮资讯网上披 露的《关于控股股东协议转让公司股份暨权益变动的提示性公告》(公告编 号:2025-025)《关于控股股东协议转让公司股份获得曲靖市人民政府国有资产监 督 ...

Group 1 - The company, Yunnan Luoping Zinc Electric Co., Ltd., has proposed to apply for a low-risk financing credit limit from CITIC Bank amounting to 200 million RMB [2] - The credit limit is intended to meet the company's daily operational and business development funding needs, with a one-year term [2] - The credit will be secured by the company's own funds and a single asset pool, with the financing products including bank acceptance bills and domestic and international letters of credit [2] Group 2 - The company's eighth board of directors held a temporary meeting on July 25, 2025, where the proposal for the financing credit limit was unanimously approved by all eight participating directors [6][8] - The meeting was conducted via telecommunication, and all procedural requirements were met according to the Company Law and the company's articles of association [6]

证券代码：002114 证券简称：罗平锌电 公告编号：2025-031 云南罗平锌电股份有限公司 云南罗平锌电股份有限公司 董 事 会 为满足公司日常生产经营及业务发展的资金需求，经向中信银行曲靖分行申 请，其同意向公司授信人民币 2 亿元低风险和单一资产池低风险融资额度,额度 共用，期限一年。低信用风险额度由我公司自有资金质押担保，单一资产池低风 险额度担保方式为单一资产池入池资产最高额质押担保。授信产品为银行承兑汇 票、国内信用证、国际信用证。 上述授信额度、授信期限最终以金融机构实际审批的授信额度、授信期限为 准，具体融资金额将视公司的实际经营情况需求决定。授信期限内，授信额度可 循环使用。董事会授权董事长全权代表公司签署上述综合授信额度和授信期限内 的各项法律文件（包括但不限于授信、借款、融资、抵押、质押、担保等有关的 申请书、合同、协议等文件），由此产生的法律、经济责任全部由公司承担。 二、备查文件 公司第八届董事会第二十七次（临时）会议决议。 特此公告。 关于拟向中信银行申请低风险融资授信额度的公告 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。 ...

证券代码：002114 证券简称：罗平锌电 公告编号：2025-030 一、会议召开基本情况 云南罗平锌电股份有限公司（以下简称"公司"）第八届董事会第二十七次 （临时）会议于 2025 年 7 月 25 日上午 9:00 以通讯表决方式召开，会议通知及 资料已于 2025 年 7 月 22 日以传真、电子邮件等方式发给各位董事，并通过电话 确认。公司实有董事 8 人，参加会议的董事 8 人。本次会议发放表决票 8 张，收 回有效表决票 8 张，会议的召集、召开符合《公司法》、《公司章程》的规定。 二、会议议案审议情况 会议以 8 票同意、0 票反对、0 票弃权，审议通过了关于《拟向中信银行申 请低风险融资授信额度》的议案。具体内容详见同日披露在《中国证券报》、《证 券时报》、《证券日报》、《上海证券报》和巨潮资讯网(www.cninfo.com.cn) 上公告编号为"2025-031"的公司《关于拟向中信银行申请低风险融资授信额度 的公告》。 三、备查文件 1、第八届董事会第二十七次（临时）会议决议。 云南罗平锌电股份有限公司 第八届董事会第二十七次（临时）会议决议公告 本公司及董事会全体成员保证公告内容的 ...

[Performance Forecast for the Current Period](index=1&type=section&id=Item%201.%20Performance%20Forecast%20for%20the%20Current%20Period) The company projects a significant net loss attributable to shareholders for H1 2025, ranging from RMB 87 million to RMB 97 million, a substantial year-on-year decline Key Financial Performance Indicators | Item | Current Reporting Period (Jan 1 - Jun 30, 2025) | Prior Year Period | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders of Listed Company** | Loss: RMB 87 million – RMB 97 million | Profit: RMB 2.3859 million | | Year-on-Year Change | Decrease: 3,746.42% - 4,165.55% | - | | **Net Profit After Deducting Non-Recurring Gains and Losses** | Loss: RMB 60 million – RMB 70 million | Loss: RMB 4.8578 million | | Year-on-Year Change | Decrease: 1,135.13% - 1,340.98% | - | | **Basic Earnings Per Share** | Loss: RMB 0.27/share – RMB 0.30/share | Profit: RMB 0.01/share | [Communication with Accounting Firm](index=1&type=section&id=Item%202.%20Communication%20with%20Accounting%20Firm) The company clarifies that this performance forecast represents preliminary financial department estimates, pending audit by an accounting firm - This period's performance forecast is a preliminary estimate by the company's finance department and has not been audited[4](index=4&type=chunk) [Explanation of Performance Changes](index=1&type=section&id=Item%203.%20Explanation%20of%20Performance%20Changes) Performance decline is attributed to reduced smelting output and higher costs, falling zinc prices, penalties and production halts at subsidiaries, and increased inventory impairment and floating losses - The smelting segment experienced planned production adjustments and maintenance due to raw material market conditions, leading to a year-on-year decrease in product output and sales volume, and an increase in unit fixed costs[5](index=5&type=chunk) - During the reporting period, the decline in zinc product prices negatively impacted zinc ingot sales with deferred pricing, resulting in a decrease in product gross profit margin[5](index=5&type=chunk) - Three subsidiaries in Guizhou incurred penalties for historical cross-border mining issues, increasing non-operating expenses; concurrently, the Jipo mining right certificate expired, leading to a production halt and a year-on-year decrease in zinc concentrate output[5](index=5&type=chunk) - Due to declining market prices, increased inventory impairment provisions were recognized at period-end, along with higher floating losses on unpriced zinc ingots[6](index=6&type=chunk) [Risk Warning](index=2&type=section&id=Item%204.%20Risk%20Warning) The company advises investors that this preliminary performance forecast is subject to the final 2025 semi-annual report, urging caution regarding investment risks - The company emphasizes that this performance forecast is a preliminary estimate, reminding investors to be aware of investment risks, with final data subject to the semi-annual report[7](index=7&type=chunk) [Other Relevant Information](index=2&type=section&id=Item%205.%20Other%20Relevant%20Information) The company's designated information disclosure media include major securities newspapers and the Juchao Information Network - The company's designated information disclosure media are four major securities newspapers and Juchao Information Network (www.cninfo.com.cn)[8](index=8&type=chunk)