广东精艺金属股份有限公司 关于公司股价异动的公告 证券代码：002295 证券简称：精艺股份 公告编号：2025-049 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、股票交易异常波动的情况介绍 广东精艺金属股份有限公司(以下简称"公司"或"本公司")股票（证券简 称：精艺股份，证券代码：002295）于 2025 年 9 月 23 日、2025 年 9 月 24 日、 2025 年 9 月 25 日连续三个交易日收盘价格涨幅累计偏离 23.62%，符合深圳证券 交易所股票异常波动的相关标准。 二、公司关注并核实的情况说明 针对公司股票交易异常波动的相关情况，公司对相关事项进行核查，并询问 了公司控股股东，现就有关关注问题及核实结论说明如下： 1、公司前期披露的信息不存在需要更正、补充之处； 2、公司未发现近期公共媒体报道了可能或已经对公司股票交易价格产生较 大影响的未公开重大信息； 3、公司近期经营情况正常，内外部经营环境未发生重大变化； 4、公司、控股股东不存在关于公司的应披露而未披露的重大事项，也不存 在处于筹划阶段的重大事项； 5、控股股东、实际 ...

Group 1 - The industrial metal sector increased by 3.55% on September 25, with Jingyi Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3853.3, down 0.01%, while the Shenzhen Component Index closed at 13445.9, up 0.67% [1] - Key stocks in the industrial metal sector showed significant price increases, with Jingyi Co., Ltd. rising by 10.02% to a closing price of 13.50 [1] Group 2 - The industrial metal sector saw a net inflow of 713 million yuan from main funds, while retail investors experienced a net outflow of 184 million yuan [2] - Major stocks like Luoyang Aluminum and Northern Copper experienced varying levels of net inflow and outflow from different investor categories [3] - The data indicates a mixed sentiment among retail and institutional investors within the industrial metal sector [3]

Market Overview - The A-share market opened lower on September 25, with the Shanghai Composite Index slightly up by 0.16% and the ChiNext Index rising by 2.22%, reaching a three-year high [1][2] - The total trading volume in the Shanghai and Shenzhen markets was 1.54 trillion yuan, an increase of 134.8 billion yuan compared to the previous trading day [1] Key Stocks - Contemporary Amperex Technology Co., Limited (CATL) saw a rise of approximately 5%, surpassing Kweichow Moutai in total market capitalization. A brokerage report indicated that CATL's battery production capacity could reach 1000 GWh by 2026, a 43% increase from 2025, exceeding market expectations [1] - Morgan Stanley raised its profit forecast for CATL by about 10% for 2025-2026 due to higher-than-expected demand for energy storage batteries, leading to supply tightness and price increases [1] Sector Performance - AI hardware and applications sectors experienced significant gains, with Inspur Information hitting a historical high and Huqin Technology reaching its limit up [1] - The controllable nuclear fusion concept stocks also saw a surge, with Hezhong Intelligent Technology achieving two consecutive limit-ups in four days [1] - The non-ferrous metals sector was active, with stocks like Northern Copper and Luoyang Molybdenum hitting their limit-ups [1] - Conversely, the port shipping sector faced collective declines, with Nanjing Port dropping over 8%, and the real estate sector also saw a downturn, with Dalong Real Estate hitting its limit down [1][3] Institutional Insights - China Galaxy Securities noted that the upcoming overseas promotional season could boost panel procurement, which is a leading indicator of TV demand. The global TV panel shipment volume reached 22.3 million units in August 2025, a year-on-year increase of 7.6% [4] - CITIC Securities expressed optimism regarding the long video industry, anticipating substantial benefits from new regulations aimed at enriching TV content, which could enhance the performance of long video platforms and quality content production companies [4] - Huatai Securities highlighted that electronic cloth is a key material in the PCB-CCL industry chain, with AI trends driving upgrades in high-end PCBs and related materials. They predict a supply shortage for various special electronic cloth products until 2026 [5] Global Steel Production - The World Steel Association reported that global crude steel production in August reached 145.3 million tons, a year-on-year increase of 0.3%. Notably, production in the Middle East rose by 21.5% [6] Corporate Developments - Changjiang Storage's parent company, Changcun Group, completed its share reform, indicating a comprehensive upgrade in corporate governance structure [7] - JD.com's CEO Xu Ran announced plans for continued investment in artificial intelligence over the next three years, aiming to create a trillion-yuan AI ecosystem [8]

Market Overview - On September 25, A-shares opened slightly lower, with the three major indices collectively in the red [1] - The Shanghai Composite Index decreased by 0.06%, the Shenzhen Component Index fell by 0.30%, and the ChiNext Index dropped by 0.45% [2] Sector Performance - The non-ferrous metals, media, electric equipment, and pharmaceutical sectors showed notable gains, with the nuclear fusion and copper industries being particularly active [2][4] - The nuclear fusion sector rose by 2.67%, while the copper industry increased by 2.63% [4] Copper Industry Insights - The copper industry index led the gains, with companies like Jingyi Co., Northern Copper, and Luoyang Molybdenum hitting the daily limit [8] - A recent landslide at Freeport McMoRan's Grasberg mine in Indonesia has raised global copper prices and sparked supply chain concerns, as this mine accounts for approximately 3% of global copper supply [9][10] Nuclear Fusion Sector Developments - The nuclear fusion concept stocks collectively surged, with companies like Hezhong Intelligent and Farsen hitting the daily limit, and others like Shanghai Electric and Baoli Electric also seeing significant increases [10][11] - China Fusion Energy Co., known as the "national team" for controllable nuclear fusion, is focusing on overall design, technology verification, and digital R&D [14] Company Specifics - On September 25, the stock of Upwind New Materials surged to a limit of 20%, reaching a price of 132.1 CNY per share, with a total market value of 53.3 billion CNY [15][16] - The company recently completed a share transfer, changing its controlling shareholder to Zhiyuan Hengyue, with plans for a tender offer to acquire an additional 37% of shares at a price of 7.78 CNY per share [18]

Market Overview - On September 25, A-shares opened slightly lower, with the three major indices showing a downward trend. The Shanghai Composite Index decreased by 0.06%, the Shenzhen Component Index fell by 0.30%, and the ChiNext Index dropped by 0.45% [2][4]. Industry Performance - The non-ferrous metals, media, electric equipment, and pharmaceutical sectors showed notable gains, with the nuclear fusion, copper industry, superconductors, and CRO concept stocks being particularly active. In contrast, semiconductor, memory, and photolithography sectors experienced declines [2][3]. Copper Industry Insights - The copper industry index led the gains, with stocks such as Jingyi Co., Northern Copper, and Luoyang Molybdenum hitting the daily limit. Other companies like Electric Alloy, Tongling Nonferrous Metals, and Jiangxi Copper also saw increases [4][5]. - A recent landslide at Freeport McMoRan's Grasberg mine in Indonesia has raised global copper prices and triggered supply chain concerns. The mine accounts for approximately 3% of global copper supply, and the incident is expected to impact global supply significantly in the fourth quarter [6]. Nuclear Fusion Sector - Nuclear fusion concept stocks experienced a strong rally, with companies like Hezhong Intelligent and Farsen hitting the daily limit, while others like Hahuan Huadong and Zhongzhou Special Materials rose over 10% [6][7]. - China Fusion Energy Co., known as the "national team" for controllable nuclear fusion, aims to focus on overall design, technology verification, and digital R&D, establishing a technology R&D platform and capital operation platform [10]. Company Specifics - On September 25, Upwind New Materials saw its stock price surge to 132.1 CNY, reaching a daily limit increase of 20%, with a total market value of 53.3 billion CNY [11][12]. - The company announced the completion of a share transfer, with Zhiyuan Hengyue and Zhiyuan Xinchuang holding a combined 29.99% stake, making Zhiyuan Hengyue the new controlling shareholder. An offer to acquire an additional 37% of shares at 7.78 CNY per share is also planned, requiring up to 1.161 billion CNY [13].

Group 1 - The non-ferrous sector experienced a strong rally on the 25th, with significant gains in copper and cobalt stocks, including a limit-up for Jingyi Co., Northern Copper, and over 7% increase for Luoyang Molybdenum [1] - Freeport McMoRan's Grasberg mine in Indonesia faced a fatal landslide, leading to a substantial rise in global copper prices and supply chain concerns, with production expected to be halted until at least 2027 [1] - The Grasberg mine accounts for 50% of Freeport's proven reserves and approximately 70% of its expected production before 2029, indicating a long-term impact on global copper supply [1] Group 2 - The cobalt export quota system implemented by the Democratic Republic of Congo (DRC) reflects the government's commitment to controlling global cobalt prices, with expected supply shortages from 2025 to 2027 [2] - The DRC's export quota policy is projected to result in a significant reduction in global cobalt supply, with shortages of 122,000 tons, 88,000 tons, and 97,000 tons respectively for those years, likely leading to a strong increase in cobalt prices [2] - Companies involved in cobalt smelting in Indonesia and those with mines in the DRC are expected to benefit significantly from the anticipated rise in cobalt prices [2]

Core Viewpoint - The non-ferrous metal sector experienced a significant surge in early trading on September 25, with copper leading the gains, indicating a positive market sentiment towards copper-related companies [1] Company Summary - Northern Copper and Jingyi Co. saw their stock prices hit the daily limit up, reflecting strong investor interest and confidence in these companies [1] - Jiangxi Copper, Electric Alloy, Yunnan Copper, Luoyang Molybdenum, and Tongling Nonferrous also recorded notable price increases, showcasing a broad rally in the copper industry [1]

Group 1 - The core viewpoint of the news is that the copper sector in the A-share market experienced a significant rise, driven by supply disruptions at Freeport's Grasberg mine, which is expected to impact global copper supply and prices positively [1][2] - Freeport announced that the Grasberg mine supply is facing force majeure, leading to a substantial increase in copper prices, marking the largest rise in over five months [1] - Citigroup analysts noted that Grasberg accounts for approximately 3% of global copper supply, with total losses in Q4 expected to affect global supply by 3%, and a projected 35% loss by 2026 impacting about 1% of global supply, which will support copper prices [1] Group 2 - The A-share copper concept stocks opened high, with notable gains: Electric Alloy surged over 12%, Jingyi Co. reached a 10% limit up, Jiangxi Copper increased over 8%, and Tongling Nonferrous Metals rose over 6% [1][2] - Specific stock performances include: - Electric Alloy: +12.69%, market cap of 8.22 billion - Jingyi Co.: +10.02%, market cap of 3.38 billion - Jiangxi Copper: +8.24%, market cap of 106.9 billion - Tongling Nonferrous Metals: +6.73%, market cap of 61.6 billion - Yunnan Copper: +5.87%, market cap of 32.2 billion - Shengtu Mining: +4.57%, market cap of 26.9 billion - Baiyin Nonferrous: +3.46%, market cap of 28.8 billion - Zhongyuan New Materials: +3.40%, market cap of 3.569 billion [2]

Group 1 - The non-ferrous metal sector opened high, indicating positive market sentiment [1] - Companies such as Jingyi Co., Northern Copper, and others reached their daily limit up [1] - Notable performers included Naipu Mining, Luoyang Molybdenum, Jiangxi Copper, Tongling Nonferrous Metals, and Yunnan Copper, all of which opened high [1]

Core Viewpoint - The industrial metal sector experienced a 0.47% increase on September 24, with significant gains from companies like Jingyi Co., Ltd. and Huayu Mining [1] Group 1: Market Performance - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] - Jingyi Co., Ltd. led the gains in the industrial metal sector with a closing price of 12.27, reflecting a 10.04% increase [1] - Other notable performers included Huayu Mining, which rose by 7.83% to a closing price of 26.43, and Hailiang Co., Ltd., which increased by 6.64% to 13.00 [1] Group 2: Trading Volume and Value - Jingyi Co., Ltd. had a trading volume of 140,600 shares and a transaction value of 168 million yuan [1] - Huayu Mining recorded a trading volume of 755,500 shares with a transaction value of 1.994 billion yuan [1] - Hailiang Co., Ltd. had a trading volume of 609,700 shares and a transaction value of 777 million yuan [1] Group 3: Fund Flow Analysis - The industrial metal sector saw a net outflow of 516 million yuan from main funds, while retail investors contributed a net inflow of 404 million yuan [2] - The main fund inflow for China Aluminum was 75.08 million yuan, representing 5.93% of its total [3] - Jingyi Co., Ltd. experienced a main fund inflow of 38.90 million yuan, accounting for 23.20% of its total [3]