（文章来源：证券日报） 证券日报网讯 12月16日，宝武镁业在互动平台回答投资者提问时表示，截至2025年12月10日，公司的 股东户数为56745户。 ...

Core Viewpoint - Baowu Magnesium Industry is focusing on lightweight solutions for the automotive sector, responding to the rising demand for lightweight materials driven by the growth of electric vehicles [1] Group 1: Company Strategy - The company provides a comprehensive design solution for automakers, utilizing magnesium alloys for internal structural components to reduce weight, while also offering high-strength aluminum alloys and steel for load-bearing parts [1] - The strategy is encapsulated in the principle of "use magnesium where suitable, aluminum where suitable, and steel where suitable," ensuring a collaborative service approach across the entire group to meet customer needs [1] Group 2: Market Positioning - Baowu Group leverages its automotive market resources to accelerate the penetration of lightweight metal materials in the automotive industry [1]

Group 1: Magnesium Alloy Demand in Electric Vehicles - The implementation of the new safety standards for electric bicycles has led to an increased demand for magnesium alloys, with significant adoption by leading manufacturers like Aima, Yadea, and Niu [1] - During the 14th Five-Year Plan period, the usage of magnesium in electric two-wheelers is expected to grow rapidly, driven by policy changes, lightweight requirements, and technological advancements [1] - The market for magnesium alloys in electric bicycles is projected to expand significantly in the coming years due to rising penetration rates and the diversification of application components [1] Group 2: Magnesium Alloy Penetration in the Automotive Sector - The price of magnesium has remained below that of aluminum, accelerating the penetration of magnesium in automotive lightweighting, particularly in the new energy vehicle sector [2] - Current usage of magnesium in certain vehicles has reached approximately 20 kg per vehicle, with potential future usage increasing to between 50-100 kg as larger magnesium die-cast components are integrated [2] - The application scope for magnesium alloys in automotive parts is broadening, with components like instrument panel brackets and electric drive housings seeing increased development [2] Group 3: Company Advantages and Production Capacity - The company has established a complete magnesium industry chain, from raw magnesium mining to alloy production and recycling, enhancing cost control and product competitiveness [3] - The company operates three raw magnesium supply bases and four magnesium alloy supply bases, optimizing resource allocation to meet regional market demands [3] - Continuous investment in technological innovation and new product development is a core strategy, with proprietary advancements in magnesium smelting and alloy processing technologies [3]

Core Viewpoint - The small metals sector in A-shares has shown a significant upward trend, with the sector index closing up by 0.79% on December 10, driven by notable price increases in various small metal varieties, particularly tungsten [2][3]. Price Movements - Tungsten prices have surged, with black tungsten concentrate (≥65%) priced at 363,000 yuan/ton, up 153.85% year-to-date; ammonium paratungstate (APT) at 535,000 yuan/ton, up 153.55%; and tungsten powder at 880 yuan/kg, up 178.48%, all reaching historical highs [3][5]. - Other small metals like cobalt and tin have also seen significant price increases, with cobalt averaging 408,000 yuan/ton (up 16.91% since October) and tin futures rising 15.74% since October [3][5]. Factors Driving Price Increases - The price increases are attributed to supply constraints, favorable macroeconomic conditions, and rising downstream demand. Supply-side constraints include strict mining quotas and environmental regulations for tungsten, and slow recovery of tin production in Myanmar [5]. - Macroeconomic factors include strong market expectations for a Federal Reserve interest rate cut, which typically weakens the dollar and supports commodity prices [5]. - Downstream demand is driven by growth in industries such as new energy, semiconductors, and military applications, enhancing the outlook for strategic small metals [5]. Capital Inflows - The small metals sector has seen substantial capital inflows, with a net inflow of 1.732 billion yuan on December 10, ranking high among secondary industries [7]. - Notable companies like Western Materials received a net inflow of 1.274 billion yuan, benefiting from their core supply roles in aerospace and marine engineering [7]. Company Performance - The small metals sector's overall performance has improved, with a total net profit of 13.589 billion yuan in the first three quarters, a year-on-year increase of 41.42% [8]. - Companies like Shenghe Resources and Northern Rare Earth have reported significant profit growth, with increases of 748.07% and 280.27% respectively [8]. Capacity Expansion - Shenghe Resources has disclosed plans for capacity expansion, with its subsidiary's high-performance rare earth polishing powder project progressing as scheduled, expected to be operational by the end of Q1 2026 [9].

Core Viewpoint - Baowu Magnesium Industry (002182.SZ) is actively seeking to transfer its Xuyi assets, initially valued at approximately 116.54 million yuan, to optimize idle assets and reduce maintenance costs [1] Group 1: Asset Transfer Details - The Xuyi assets were officially listed for transfer on October 28, 2025, with a starting price based on a registered valuation of 116.54 million yuan [1] - The initial announcement period for the asset transfer lasted 20 working days, concluding on November 25, 2025, with no qualified buyers identified [1] - To expedite the transfer process, the company decided to reduce the transfer price by 10%, setting a new base price of 104.89 million yuan [1] Group 2: Board Meeting and Decisions - On December 9, 2025, the company held its seventh board meeting to discuss the adjustment of the asset transfer price [1] - The board approved the proposal to lower the valuation to facilitate the transfer of the Xuyi assets [1]

Group 1 - The core point of the article is that Baowu Magnesium Industry (SZ 002182) held its 13th meeting of the 7th board of directors on December 9, 2025, to review proposals including the increase of daily related transaction limits for 2025 [1] - For the first half of 2025, Baowu Magnesium's revenue composition shows that non-ferrous metal smelting and rolling processing accounted for 97.17%, while other businesses made up 2.83% [1] - As of the report date, Baowu Magnesium's market capitalization is 13.8 billion yuan [1]

根据《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管 指引第 1 号——主板上市公司规范运作》《上市公司独立董事管理办法》等相关 法律、法规、规范性文件及公司章程的规定，我们作为独立董事，对公司提供的 《关于增加 2025 年度日常关联交易的议案》进行了审核，经过认真审阅该关联 交易事项相关资料，并且与公司相关人员进行有效沟通之后，我们认为：公司及 子公司增加与安徽宝镁、宝钢金属及其关联公司的日常关联交易，是公司因正常 生产经营所需，关联交易定价依据市场化原则，充分体现了公平、公允的原则， 不存在损害公司及全体股东、特别是中小股东利益的情形，不会对公司独立性产 生影响。我们同意本次关联交易事项并提交公司董事会审议，关联董事在审议时 需回避表决。 表决结果：同意 4 票，反对 0 票，弃权 0 票。 独立董事：王开田、栗春坤、邹建新、唐林林 关于公司第七届董事会第十三次会议相关事项的 专门会议审核意见 宝武镁业科技股份有限公司（以下简称"宝武镁业"或"公司"）独立董事 关于公司第七届董事会第十三次会议相关事项的专门会议于 2025 年 12 月 9 日在 公司会议室召开，应出席独立董事 4 人，实 ...

本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记 载、误导性陈述或者重大遗漏。 一、日常关联交易的基本情况 （一）日常关联交易概述 宝武镁业科技股份有限公司（以下简称"宝武镁业"或"公司"）于 2025 年 4 月 25 日召开了第七届董事会第八次会议，审议通过了《关于 2025 年度日常关 联交易预计的议案》，根据公司及控股子公司的日常生产经营需要，2025 年度与 公司控股股东宝钢金属有限公司（以下简称"宝钢金属"）及其关联公司、公司 参股公司安徽宝镁轻合金有限公司（以下简称"安徽宝镁"）、公司参股公司巢湖 宜安云海科技有限公司（以下简称"宜安云海"）、宝武集团财务有限责任公司（以 下简称"宝武财务公司"）、华宝都鼎(上海)融资租赁有限公司（以下简称"华宝 租赁"）等关联方发生日常关联交易，2025 年度涉及向关联方采购产品与服务、 销售产品与服务、金融服务等日常关联交易预计总金额为 171,000 万元。具体内 容详见公司于 2025 年 4 月 25 日刊登在中国证监会指定的信息披露网站巨潮资讯 网（http://www.cninfo.com.cn）上的《关于 2025 年度日常关联 ...

证券代码：002182 证券简称：宝武镁业 公告编号：2025-53 宝武镁业科技股份有限公司 关于调整盱眙资产挂牌转让底价的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚 假记载、误导性陈述或者重大遗漏。 宝武镁业科技股份有限公司（以下简称"公司"或"宝武镁业"）于2025 年8月27日召开了第七届董事会第十次会议，审议通过了《关于拟公开挂牌转让 公司盱眙资产的议案》，为优化资源配置，盘活闲置资产，聚焦战略重点，公 司拟以11,654.3331万元（不含增值税）的价格公开挂牌出售公司位于淮安市盱 眙县盱眙经济开发区枫杨大道西侧的工业房地产及机械设备。具体内容详见公 司于2025年8月28日刊登在中国证监会指定的信息披露网站巨潮资讯网 （http://www.cninfo.com.cn）上的《关于拟公开挂牌转让公司盱眙资产的公告》 （公告编号：2025-40）。 2025年10月28日，宝武镁业盱眙资产在上海联合产权交易所正式挂牌转让， 挂牌底价为经备案后的评估值11,654.3331万元，首次挂牌公告期20个工作日已 于2025年11月25日到期。目前仍以原条件以5个工作日为一个周期持 ...

证券代码：002182 证券简称：宝武镁业 公告编号：2025-55 宝武镁业科技股份有限公司 关于召开 2025 年第五次临时股东会的通知 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、召开会议的基本情况 1、股东会届次：2025 年第五次临时股东会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所股票上市 规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等法 律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 4、会议时间： （1）现场会议时间：2025 年 12 月 26 日 14:00:00 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 12 月 26 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网投票系统投 票的具体时间为 2025 年 12 月 26 日 9:15 至 15:00 的任意时间。 5、会议的召开方式：现场表决与网络投票相结合。（1）现场投票：包括本人出席及 通 ...