证券代码：002155 证券简称：湖南黄金 公告编号：临 2025-27 湖南黄金股份有限公司 第七届监事会第八次会议决议公告 一、以 3 票赞成、0 票反对、0 票弃权审议通过了《2025 年第一季度报告》。 经认真审核，监事会认为：董事会编制和审核公司 2025 年第一季度报告的 程序符合法律、行政法规和中国证监会的规定，报告内容真实、准确、完整地反 映了公司的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 二、以 3 票赞成、0 票反对、0 票弃权审议通过了《关于变更子公司中南锑 钨贷款担保方及担保期限的议案》。 特此公告。 湖南黄金股份有限公司 监事会 2025年4月22日 本公司监事会及全体监事、高级管理人员保证公告内容的真实、 准确和完整，对公告的虚假记载、误导性陈述或者重大遗漏负连带责 任。 湖南黄金股份有限公司（以下简称公司）第七届监事会第八次会议于 2025 年 4 月 22 日以通讯表决方式召开。本次会议的通知已于 2025 年 4 月 18 日通过 电子邮件方式发送给所有监事。会议应参与表决监事 3 名，实际表决监事 3 名。 本次会议的召集、召开符合《公司法》和《公司章程》的规 ...

证券代码：002155 证券简称：湖南黄金 公告编号：临 2025-26 湖南黄金股份有限公司 具体内容详见巨潮资讯网（http://www.cninfo.com.cn）上的《湖南黄金股份 有限公司 2025 年第一季度报告》（公告编号：2025-1Q）。 本议案已经董事会审计委员会审议通过。 二、以 6 票赞成、0 票反对、0 票弃权审议通过了《关于变更子公司中南锑 钨贷款担保方及担保期限的议案》。 具体内容详见巨潮资讯网（http://www.cninfo.com.cn）上的《湖南黄金股份 有限公司关于变更子公司中南锑钨贷款担保方及担保期限的公告》（公告编号： 临 2025-28）。 特此公告。 湖南黄金股份有限公司 董 事 会 第七届董事会第八次会议决议公告 本公司董事会及全体董事、高级管理人员保证公告内容的真实、 准确和完整，对公告的虚假记载、误导性陈述或者重大遗漏负连带责 任。 湖南黄金股份有限公司（以下简称公司）第七届董事会第八次会议于 2025 年 4 月 22 日以通讯表决方式召开。本次会议的通知已于 2025 年 4 月 18 日通过 电子邮件方式送达给所有董事、监事和高管。会议应参与表决董 ...

Group 1 - The core viewpoint of the article highlights that Hunan Gold achieved significant growth in its financial performance for the first quarter of 2025, with a net profit increase of 104.63% year-on-year [1] - The company reported an operating revenue of 13.121 billion yuan, reflecting a year-on-year growth of 67.83% [1] - The primary drivers for this growth were an increase in non-standard gold sales and a rise in the selling prices of gold and antimony products [1]

Financial Performance - The company's operating revenue for Q1 2025 was CNY 13,121,278,586.44, representing a year-on-year increase of 67.83% compared to CNY 7,818,319,389.83 in the same period last year[5] - Net profit attributable to shareholders was CNY 332,326,414.49, up 104.63% from CNY 162,401,970.99 in the previous year[5] - The total profit increased by 107.28%, amounting to CNY 20,671.47 million, primarily due to the rise in selling prices of gold and antimony products[10] - Operating profit for the current period was ¥400,467,333.23, compared to ¥195,183,928.34 in the previous period, indicating an increase of about 105.5%[21] - Net profit for the current period was ¥340,721,197.84, up from ¥166,543,752.52 in the previous period, reflecting a growth of approximately 104.5%[21] - The total comprehensive income for the current period was ¥271,518,236.49, compared to ¥150,792,969.48 in the previous period, indicating an increase of approximately 80.0%[21] Cash Flow - The net cash flow from operating activities increased by 208.10%, reaching CNY 226,823,273.61, compared to a negative cash flow of CNY 209,827,767.93 in the same period last year[5] - Operating cash inflow for the current period reached ¥13,177,260,855.17, a significant increase from ¥7,653,375,730.07 in the previous period, representing an increase of approximately 72.8%[22] - Cash outflow for purchasing goods and services was ¥12,390,345,985.77, compared to ¥7,362,268,644.36 in the previous period, indicating a rise of about 68.5%[22] - The net increase in cash and cash equivalents for the current period was ¥154,784,436.03, contrasting with a decrease of -¥286,489,260.17 in the previous period[23] - The ending balance of cash and cash equivalents was ¥1,241,574,330.45, up from ¥487,220,081.47 in the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,467,163,289.80, a 3.27% increase from CNY 8,198,902,634.81 at the end of the previous year[5] - The total assets increased to ¥8,467,163,289.80 from ¥8,198,902,634.81, marking a rise of about 3.3%[18] - Total liabilities decreased slightly to ¥1,220,562,944.14 from ¥1,224,016,058.89, a reduction of approximately 0.3%[18] - The total equity attributable to shareholders of the parent company rose to ¥7,168,663,222.92 from ¥6,905,344,236.53, an increase of about 3.8%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 75,301, indicating a stable shareholder base[12] - The company reported a total of 421,436,119 shares held by Hunan Gold Group, making it the largest shareholder[13] - The top ten shareholders collectively hold significant stakes, with the largest being Hunan Gold Group at 421,436,119 shares[13] Operational Efficiency - The company's gross profit margin improved, with total revenue increasing by CNY 530,295.92 million, driven by higher sales volumes and prices of non-standard gold and antimony products[9] - The company is focusing on enhancing its operational efficiency and financial health through strategic asset management and investment[15] Government Support - The company received government subsidies amounting to CNY 12,258,501.67, contributing positively to its financial performance[6] Other Financial Metrics - Basic and diluted earnings per share both increased to CNY 0.28, doubling from CNY 0.14 in the previous year[5] - Research and development expenses for the current period were ¥56,726,486.44, down from ¥75,219,035.01 in the previous period, a decrease of approximately 24.6%[20] - The company reported a decrease in other comprehensive income, with a net amount of -¥69,202,961.35 compared to -¥15,750,783.04 in the previous period[21] Accounting and Governance - The company did not undergo an audit for the first quarter report[24] - The company plans to implement new accounting standards starting from 2025[24] - The board of directors meeting was held on April 22, 2025[25]

证券代码：002155 证券简称：湖南黄金 公告编号：临 2025-28 湖南黄金股份有限公司 关于变更子公司中南锑钨贷款担保方及担保期限的公告 本公司董事会及全体董事、高级管理人员保证公告内容的真实、 准确和完整，对公告的虚假记载、误导性陈述或者重大遗漏负连带责 任。 一、前次担保情况概述 湖南黄金股份有限公司（以下简称本公司或公司）第六届董事会第二十四次 会议和第六届监事会第二十二次会议审议通过了《关于全资子公司为其下属控股 子公司提供担保的议案》，全资子公司湖南辰州矿业有限责任公司（以下简称辰 州矿业）为其下属控股子公司湖南省中南锑钨工业贸易有限公司（以下简称中南 锑钨）提供总额不超过人民币 5 亿元的担保，期限自 2024 年 4 月 26 日至 2027 年 4 月 25 日，为期三年。在上述有效期内，担保额度可循环使用。具体内容详 见巨潮资讯网（http://www.cninfo.com.cn）上的《湖南黄金股份有限公司关于全 资子公司为其下属控股子公司提供担保的公告》（公告编号：临 2024-27）。截 至本公告披露日，该担保尚未实际发生。 二、本次担保变更情况 （一）变更原因 为优化公司组织架 ...

Summary of Key Points from the Conference Call Industry Overview - The conference call focuses on the gold market and related stocks, highlighting the impact of rising gold prices driven by de-dollarization and global economic uncertainties [1][4][5]. Core Insights and Arguments - **Gold Price Surge**: Gold prices have risen significantly, with COMEX and London spot gold prices surpassing $3,400 per ounce, driven by a combination of factors including the decline of the US dollar and increased demand for gold as a safe-haven asset [3][4]. - **Central Bank Activity**: Central banks worldwide are increasing their gold holdings while selling off some dollar assets to hedge against risks associated with the dollar's credit system. This trend is observed in both developed and developing countries [1][5]. - **Retail Investment Demand**: There is a strong willingness among retail investors to purchase gold, with domestic gold ETF holdings increasing significantly in just four months, surpassing the total for the previous year. Major international ETFs like SPDR and GLD are also accumulating gold [1][6]. - **Short-term Price Fluctuations**: While there may be a slight pullback in gold prices due to easing trade tensions, the overall upward trend is expected to continue, with the primary risk being excessive price surges [1][8]. - **Domestic Market Dynamics**: Large funds are increasingly purchasing gold through domestic channels, reflecting a shift from overseas markets. Domestic trading volumes for gold futures and spot transactions are expanding, indicating strong investor demand amid expectations of RMB depreciation [1][9]. Notable Stock Performances - **Gold Stocks Recovery**: Gold stocks have benefited from rising gold prices, with companies like Shandong Gold reaching historical highs in market capitalization (1,500 billion) and other companies like Western Gold and Hunan Gold also performing well [1][10][11]. - **Stock Recommendations**: Based on valuation, market capitalization-to-production ratios, and resource reserves, Hunan Gold and Shandong Gold are recommended for investment. Other companies like Chifeng Gold, Shandong International, and Zijin Mining are also viewed positively [2][16]. Additional Important Insights - **Valuation Metrics**: Current valuations of gold stocks are considered reasonable, with Shandong Gold's P/E ratio around 17-18 times and Hunan Gold at 12-13 times, indicating potential for growth [13][16]. - **Market Sentiment**: The overall sentiment in the gold market remains bullish, supported by central bank purchases and a return of investment demand, which has not been disrupted [16]. - **Emerging Trends**: The significant increase in trading volumes and the shift in large fund purchasing behavior suggest a robust and evolving gold market landscape [9][10].

Core Viewpoint - Hunan Gold (002155) has significantly increased its performance due to rising gold and antimony prices, with a buy rating assigned by Huaxin Securities [1] Financial Performance - In 2024, Hunan Gold reported total revenue of 27.839 billion yuan, a year-on-year increase of 19.46% - The net profit attributable to shareholders reached 847 million yuan, up 73.08% year-on-year - The net profit excluding non-recurring gains and losses was 870 million yuan, reflecting a 76.36% increase year-on-year [1] Production Data - Gold production decreased slightly to 46.33 tons, down 2.87% year-on-year, with self-produced gold at 3.71 tons, a decline of 6.13% - Antimony production totaled 29,209 tons, down 6.15%, with self-produced antimony at 15,227 tons, a decrease of 13.2% - Tungsten production increased to 1,008 standard tons, up 7.12%, with self-produced tungsten concentrate at 879 standard tons, a significant rise of 59.24% [2] Price Trends - The average price of antimony in 2024 was 129,756 yuan per ton, a substantial increase of 59.3% year-on-year - The average price of gold was 548.49 yuan per gram, up 22.14% compared to the same period in 2023 [3] Profit Forecast - Revenue forecasts for 2025, 2026, and 2027 are 38.269 billion, 39.209 billion, and 40.619 billion yuan respectively - Net profit forecasts for the same years are 2.200 billion, 2.286 billion, and 2.392 billion yuan respectively - The current stock price corresponds to price-to-earnings ratios of 13.1, 12.6, and 12.0 times for the respective years [4]

A股今日发力上扬，沪指一度逼近3300点，深证成指、创业板指等涨超1%，全A成交额增加逾1200亿 元，重返万亿元上方。港股今日因假期休市。 具体来看，两市主要股指盘中震荡上扬，深证成指、创业板指、科创50指数等涨超1%，北证50指数涨 近3%。截至收盘，沪指涨0.45%报3291.43点，深证成指涨1.27%报9905.53点，创业板指涨1.59%报 1944.32点，北证50指数涨2.63%，沪深北三市合计成交10738亿元，较此前一日增加1245亿元。 场内超4300股飘红，汽车产业链股拉升，雷迪克（300652）涨超11%，浙江荣泰（603119）、海联金汇 （002537）、金杯汽车（600609）等涨停；造纸板块走强，可靠股份（301009）、顺灏股份 （002565）、安妮股份（002235）、百亚股份（003006）等涨停；医药板块上扬，舒泰神（300204）、 迪哲医药等涨停，立方制药（003020）斩获5连板；黄金概念股爆发，四川黄金（001337）、赤峰黄金 （600988）、湖南黄金（002155）、西部黄金（601069）等涨停；大飞机概念崛起，博云新材 （002297）、润贝航科（ ...

A股今日发力上扬，沪指一度逼近3300点，深证成指、创业板指等涨超1%，全A成交额增加逾1200亿元，重返万亿元上方。港股今日因假期休市。 具体来看，两市主要股指盘中震荡上扬，深证成指、创业板指、科创50指数等涨超1%，北证50指数涨近3%。截至收盘，沪指涨0.45%报3291.43点，深证成指涨 1.27%报9905.53点，创业板指涨1.59%报1944.32点，北证50指数涨2.63%，沪深北三市合计成交10738亿元，较此前一日增加1245亿元。 场内超4300股飘红，汽车产业链股拉升，雷迪克涨超11%，浙江荣泰、海联金汇、金杯汽车等涨停；造纸板块走强，可靠股份、顺灏股份、安妮股份、百亚股份等 涨停；医药板块上扬，舒泰神、迪哲医药等涨停，立方制药斩获5连板；黄金概念股爆发，四川黄金、赤峰黄金、湖南黄金、西部黄金等涨停；大飞机概念崛起， 博云新材、润贝航科、航发科技等涨停；人形机器人概念再度活跃，万达轴承、奥比中光等涨超10%，福莱新材涨停。 值得注意的是，多只黄金主题ETF大涨，黄金股ETF、黄金股票ETF罕见涨停，黄金股票ETF基金涨超9%。 黄金概念爆发 黄金概念股盘中大幅飙升，截至收盘，四川黄金 ...

证券代码：002155 证券简称：湖南黄金 公告编号：临 2025-25 湖南黄金股份有限公司 关于召开 2024 年度网上业绩说明会的公告 本公司董事会及全体董事、高级管理人员保证公告内容的真实、 准确和完整，对公告的虚假记载、误导性陈述或者重大遗漏负连带责 任。 湖南黄金股份有限公司（以下简称公司）《2024 年年度报告》及摘要已于 2025 年 4 月 11 日披露。为便于广大投资者更深入全面地了解公司情况，公司定 于 2025 年 4 月 25 日（星期五）15:00-17:00 在"价值在线"（www.ir-online.cn） 举办 2024 年度网上业绩说明会，与投资者进行沟通和交流，广泛听取投资者的 意见和建议。 一、会议召开时间及召开方式 召开时间：2025 年 4 月 25 日（星期五）15:00-17:00 召开方式：本次网上业绩说明会将采用网络远程文字交流的方式举行 二、公司出席人员 出席本次网上业绩说明会的人员有：董事长王选祥先生，总经理李希山先生， 独立董事陈爱文先生，财务总监湛飞清先生，副总经理兼董事会秘书王文松先生。 三、投资者参与方式 投 资 者 可 于 2025 年 4 月 ...