（文章来源：证券日报） 证券日报网讯 1月25日，湖南黄金发布公告称，公司预计2025年度归属于上市公司股东的净利润为 126，981.54万元至160，843.28万元，比上年同期84，654.36万元增长50.00%至90.00%。 ...

【重大事项】 锋龙股份：将就股票交易波动情况进行核查 1月26日起停牌 今日晚间重要公告抢先看——锋龙股份：将就股票交易波动情况进行核查，1月26日起停牌；嘉美包 装：将就股票交易波动情况进行核查，1月26日起停牌。 锋龙股份(002931)1月25日发布股票交易异常波动风险提示暨停牌核查的公告，公司股票自2025年12月 25日至2026年1月23日已连续17个交易日涨停，价格涨幅为405.74%，期间多次触及股票交易异常波动 情形，公司股票短期内价格涨幅较大，已累积巨大交易风险，明显偏离市场走势，未来可能存在股价快 速下跌的风险。为维护投资者利益，公司将就股票交易波动情况进行停牌核查。经公司申请，公司股票 自1月26日开市起停牌，自核查结束并披露核查公告后复牌，预计停牌时间不超过5个交易日。 嘉美包装：将就股票交易波动情况进行核查 1月26日起停牌 嘉美包装(002969)公告称，公司股票自2025年12月17日至2026年1月23日期间价格涨幅为408.11%，其间 多次触及股票交易异常波动情形，公司股票短期内价格涨幅较大，已背离公司基本面。为维护投资者利 益，公司将就股票交易波动情况进行停牌核查。公司 ...

湖南黄金拟收购黄金天岳100%股权及中南冶炼100%股权，进一步完善产业布局。 公告显示，本次交易预计构成重大资产重组， 构成关联交易，但不构成重组上市。截至预案签署日，标的公司的审计和评估工作尚未完成，本次交易的 交易价格尚未最终确定。公司股票将于2026年1月26日（星期一）开市起复牌。 湖南黄金(002155)1月25日晚公告，公司拟通过发行股份的方式向湖南黄金集团及天岳投资集团购买其持有的黄金天岳合计100%股权，并向湖南黄金集团 购买其持有的中南冶炼100%股权。本次交易完成后，黄金天岳及中南冶炼将成为上市公司全资子公司。 同时，公司拟向不超过35名特定投资者发行股份募集配套资金用于支付本次交易的中介机构费用及相关税费、投入标的公司在建项目建设、补充上市公司 或标的公司流动资金及偿还债务等。 | 交易对方类型 | 交易对方名称 | | --- | --- | | 发行股份购买资产交易对方 | 湖南黄金集团有限责任公司 | | | 湖南天岳投资集团有限公司 | | 募集配套资金认购方 | 不超过 35 名特定投资者 | 截至目前，黄金天岳的区域探矿工作已经基本完成，具备注入上市公司的条件。因此将黄金天 ...

Group 1: Stock Suspension and Resumption - Fenglong Co., Ltd. has suspended trading for stock price fluctuation investigation [1] - Jiamei Packaging has also suspended trading for stock price fluctuation investigation [1] - Hunan Gold expects a net profit of 1.27 billion to 1.61 billion yuan in 2025, representing a year-on-year increase of 50% to 90%, driven by rising sales prices of gold, antimony, and tungsten products. The company plans to acquire 100% equity of Golden Tianyue and Zhongnan Smelting, and will resume trading [1] - Longyun Co., Ltd. is planning to acquire 58% equity of Yuheng Film and has suspended trading [1] Group 2: Share Buybacks - Jinkai New Energy plans to repurchase company shares worth 500 million to 600 million yuan [2] - Zhongchong Co., Ltd. intends to repurchase company shares worth 100 million to 200 million yuan [2] Group 3: Mergers and Acquisitions - Yongjie New Materials plans to acquire 100% equity of Aokening Qinhuangdao and 95% equity of Aokening Kunshan, focusing on the production and sales of aluminum plates and strips [3] - Jingsheng Co., Ltd. intends to purchase 100% equity of Weizhun Intelligent for 857 million yuan [4] - Weixing New Materials plans to acquire 88.2557% equity of Songtian Cheng for 111 million yuan, specializing in the R&D, manufacturing, and sales of polyethylene valves for municipal pipelines [4] Group 4: External Investments and Daily Operations - China Tianying plans to achieve a production capacity of 200,000 tons of EU-standard methanol by 2026 [5] - Delijia intends to invest 5 billion yuan in a research and manufacturing project for wind turbine gearboxes over 10 megawatts [6] - Trina Solar will allocate the remaining 1.7 billion yuan of raised funds for a new project focused on distributed smart photovoltaic power station construction [7] - Jingzhida has signed a sales contract for semiconductor testing equipment worth 1.311 billion yuan [8] - Lens Technology has achieved bulk supply in the commercial aerospace sector and has developed ultra-thin photovoltaic glass modules for extreme space environments [9] - BAIC Blue Valley's subsidiary plans to invest 1.991 billion yuan in the construction of a high-end platform model industrialization and digital upgrade project for the Xiangjie Super Factory [9] Group 5: Performance Changes - XianDao Intelligent expects a net profit of 1.5 billion to 1.8 billion yuan in 2025, a year-on-year increase of 424.29% to 529.15%, driven by increased operating rates and order volumes from leading domestic battery companies [10] - Zhongwei Company anticipates a net profit of 2.08 billion to 2.18 billion yuan in 2025, a year-on-year increase of approximately 28.74% to 34.93% [11] - Xiangnong Chip expects a net profit of 480 million to 620 million yuan in 2025, representing a year-on-year increase of 81.77% to 134.78% [11] - China Merchants Bank anticipates a net profit of 150.181 billion yuan in 2025, a year-on-year increase of 1.21% [12] - Juchip Technology expects a net profit of 204 million yuan, a year-on-year increase of 91.40% [12] - Lianchuang Optoelectronics expects a net profit of 435 million to 532 million yuan in 2025, a year-on-year increase of 80.36% to 120.57% [12] - Zhaojin Gold expects a net profit of 122 million to 182 million yuan in 2025, turning from loss to profit [12] - Zhongwei Semiconductor anticipates a net profit of approximately 284 million yuan in 2025, a year-on-year increase of about 107.55% [12] - Guocheng Mining expects a net profit of 1 billion to 1.12 billion yuan in 2025, compared to a profit of 453 million yuan in the previous year [12] - Shengkong Co., Ltd. expects a net profit of 90 million to 110 million yuan in 2025, a year-on-year increase of 118.71% to 167.31% [13] - Daoshi Technology anticipates a net profit of 480 million to 580 million yuan in 2025, a year-on-year increase of 206.01% to 269.76% [13]

【超20家A股上市公司本周披露并购重组最新公告 湖南黄金拟购买黄金天岳、中南冶炼100%股权股票 明日复牌】智通财经1月25日电，据智通财经不完全统计，截至发稿，本周（1月19日-1月25日）包括湖 南黄金、永杰新材、新大正、胜宏科技、龙韵股份、晶升股份、伟星新材、明阳智能、韩建河山、爱博 医疗、奕帆传动、瑞达期货、康欣新材、铂科新材、凯龙高科、多瑞医药、中国中免、美芯晟、荣盛发 展、明德生物、新凤鸣、盈方微在内的22家A股上市公司披露并购重组进展最新公告。其中湖南黄金公 告，拟购买黄金天岳、中南冶炼100%股权，其主要从事部分金矿的采选及销售等，本次交易预计构成 重大资产重组，股票明日复牌。 转自：智通财经 ...

Investment Rating - The industry rating is "Recommended" [3] Core Views - Short-term raw material supply tightness is expected to support nickel prices, with LME nickel spot price reaching $18,630 per ton, up 5.70% from January 16 [1] - The cobalt market is anticipated to see continued price increases due to structural supply tightness, with electrolytic cobalt priced at 438,000 yuan per ton, down 3.74% from January 16 [2][5] - Domestic antimony supply remains tight, providing price support, with antimony ingot prices at 160,500 yuan per ton [6] - Lithium carbonate prices are expected to continue rising, with a market average of 171,100 yuan per ton, up 8.36% from January 16 [8][19] - Supply uncertainties in the rare earth market are expected to support prices, with significant global supply concentration in China [10][20] - Tin prices are supported by overseas supply uncertainties, with LME tin prices at $54,200 per ton, up 9.66% from January 16 [11][21] - Tungsten market supply-demand imbalance is notable, with white tungsten concentrate prices at 535,500 yuan per ton, up 5.93% from January 16 [13][22] - Uranium supply tightness is expected to persist, with global uranium prices at $63.51 per pound [14][15] Summary by Sections Nickel and Cobalt Industry Update - Nickel prices are supported by supply constraints, with Indonesia's nickel mining production quota expected to be reduced to 250-260 million tons [1][16] - Cobalt supply is projected to tighten further, with Congo's export quotas confirmed to extend into 2026 [2][17] Antimony Industry Update - Antimony supply remains tight, with domestic prices expected to rise due to export restrictions and seasonal supply issues [6][18] Lithium Industry Update - Lithium carbonate prices are expected to remain strong due to demand support and supply uncertainties, particularly regarding the recovery of key lithium mines [8][19] Rare Earth Industry Update - The rare earth market is facing supply tightening due to export bans and geopolitical factors, with China maintaining a dominant position [10][20] Tin Industry Update - Tin prices are supported by uncertainties in overseas supply, particularly from Myanmar and Congo [11][21] Tungsten Industry Update - The tungsten market is experiencing a supply-demand imbalance, with prices expected to rise due to limited new supply [13][22] Uranium Industry Update - Uranium prices are supported by ongoing supply tightness and geopolitical factors affecting production [14][15]

Company Overview - The company is primarily engaged in the mining and processing of gold, antimony, tungsten, and other non-ferrous metal ores, as well as the import and export of these metal products [5]. Financial Performance - The company's performance during the reporting period showed an increase, primarily due to the year-on-year rise in sales prices of gold, antimony, and tungsten products [5]. - Historical net profit and non-recurring profit growth rates indicate significant increases, with net profit growth rates reaching 73.08% in 2021 and 61.23% in 2022 [8]. - Quarterly changes in net profit and non-recurring net profit are illustrated, with the company's net profit reaching 4.10 billion in the latest quarter [8]. Valuation Metrics - The price-to-earnings (P/E) ratio is calculated as total market value divided by net profit, while the price-to-book (P/B) ratio is based on total market value divided by net assets [10]. - The P/E and price-to-sales (P/S) ratios are calculated using trailing twelve months (TTM) data, while the P/B ratio uses the latest financial report data [10].

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：资本秘闻 1月25日，湖南黄金（002155）披露重组预案，公司股票将于1月26日起复牌。 预案显示，湖南黄金拟通过发行股份方式购买交易对方湖南黄金集团、天岳投资集团持有的黄金天岳合 计100%股权，及湖南黄金集团持有的中南冶炼100%股权，并向不超过35名符合中国证监会规定条件的 特定投资者发行股份募集配套资金。 截至预案签署日，标的公司的审计和评估工作尚未完成，本次交易的交易价格尚未最终确定。本次交易 预计构成重大资产重组、构成关联交易、不构成重组上市。 湖南黄金表示，通过实施本次交易，公司将同时整合金矿资源的采选与冶炼环节，进一步增加资源储 备，提升对优质资产及产业链的控制力，增厚盈利空间，契合行业发展趋势，持续提升上市公司核心竞 争力。 新浪合作大平台期货开户 安全快捷有保障 责任编辑：杨红卜 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：资本秘闻 1月25日，湖南黄金（002155）披露重组预案，公司股票将于1月26日起复牌。 预案显示，湖南黄金拟通过发行股份方式购买交易对方湖南黄金集团 ...

本次交易完成后，上市公司将持有标的公司100%股权。通过实施本次交易，上市公司将同时整合金矿 资源的采选与冶炼环节，进一步增加资源储备，提升对优质资产及产业链的控制力，增厚盈利空间，夯 实自身战略地位，契合行业发展趋势，持续提升上市公司核心竞争力。 经公司申请，公司股票将于2026年1月26日开市起复牌。 湖南黄金(002155.SZ)发布公告，上市公司拟通过发行股份方式购买交易对方湖南黄金集团、天岳投资 集团持有的黄金天岳合计100%股权，及湖南黄金集团持有的中南冶炼100%股权，并向不超过35名符合 中国证监会规定条件的特定投资者发行股份募集配套资金。 标的公司中南冶炼主营业务聚焦高砷、高硫等难处理金精矿的专业化冶炼加工，业务体系涵盖原料收 购、冶炼加工、产品销售及技术服务一体化：原料端收购金精矿及有色金属原料;冶炼中同步回收白 银、电解铜等有色金属，配套生产硫酸、三氧化二砷等资源化副产品;产品端核心为黄金等有色金属的 销售，同时提供少量冶炼技术咨询服务。 ...

湖南黄金（002155）(002155.SZ)发布公告，上市公司拟通过发行股份方式购买交易对方湖南黄金集 团、天岳投资集团持有的黄金天岳合计100%股权，及湖南黄金集团持有的中南冶炼100%股权，并向不 超过35名符合中国证监会规定条件的特定投资者发行股份募集配套资金。 标的公司中南冶炼主营业务聚焦高砷、高硫等难处理金精矿的专业化冶炼加工，业务体系涵盖原料收 购、冶炼加工、产品销售及技术服务一体化：原料端收购金精矿及有色金属原料;冶炼中同步回收白 银、电解铜等有色金属，配套生产硫酸、三氧化二砷等资源化副产品;产品端核心为黄金等有色金属的 销售，同时提供少量冶炼技术咨询服务。 经公司申请，公司股票将于2026年1月26日开市起复牌。 本次交易完成后，上市公司将持有标的公司100%股权。通过实施本次交易，上市公司将同时整合金矿 资源的采选与冶炼环节，进一步增加资源储备，提升对优质资产及产业链的控制力，增厚盈利空间，夯 实自身战略地位，契合行业发展趋势，持续提升上市公司核心竞争力。 ...