Core Viewpoint - Yunnan Zhenye announced on October 15 that as of October 10, 2025, the total number of shareholders in the combined ordinary account and margin trading credit account is 105,961 [2] Summary by Category - **Company Information** - Yunnan Zhenye has a total of 105,961 shareholders in its combined ordinary and margin trading credit accounts as of October 10, 2025 [2]

Core Viewpoint - Yunnan Zhenye Company has clarified that its germanium resources are not associated with lead-zinc mines, and its mining operations are focused on germanium mines or germanium-containing lignite mines located in Lincang City, Yunnan Province [1] Group 1: Company Operations - Yunnan Zhenye Company holds the largest germanium reserves in the country, exceeding 600 tons [1] - The company is committed to improving the comprehensive recovery rate of germanium resources and has made significant investments in research and development for the extraction of germanium from complex raw materials and low-grade germanium ores [1] Group 2: Research and Development - The company has achieved positive results in the recovery of germanium from germanium-containing waste and low-grade germanium materials through years of continuous investment [1]

Core Viewpoint - Yunnan Zhenye (002428.SZ) is open to the idea of issuing a performance forecast if there is a certain growth in Q3 results, as indicated in their response to investor inquiries on the interactive platform [1] Group 1 - The company will actively convey investor opinions and suggestions to its management [1] - The preliminary schedule for the company's Q3 2025 report is set for October 31, 2025 [1]

Market Overview - The small metals sector experienced a decline of 2.62% on October 14, with Zhongkuang Resources leading the drop [1] - The Shanghai Composite Index closed at 3865.23, down 0.62%, while the Shenzhen Component Index closed at 12895.11, down 2.54% [1] Individual Stock Performance - Notable gainers included: - Dongfang Silver Industry (Code: 000962) with a closing price of 28.22, up 2.17% on a trading volume of 442,200 shares and a transaction value of 1.261 billion [1] - China Rare Earth (Code: 000831) closed at 61.39, up 2.08% with a trading volume of 1,295,600 shares and a transaction value of 8.127 billion [1] - Significant decliners included: - Zhongkuang Resources (Code: 002738) closed at 49.81, down 7.28% with a trading volume of 401,200 shares and a transaction value of 2.064 billion [2] - Yunnan Cuo Industry (Code: 002428) closed at 28.80, down 5.97% with a trading volume of 734,600 shares and a transaction value of 2.173 billion [2] Capital Flow Analysis - The small metals sector saw a net outflow of 3.693 billion from institutional investors, while retail investors contributed a net inflow of 2.666 billion [2] - The table of capital flow indicates that: - Huaxi Nonferrous (Code: 600301) had a net inflow of 5.9074 million from institutional investors [3] - Zhongkuang Resources (Code: 002738) experienced a net outflow of 6.0851 million from institutional investors [3]

Core Points - Yunnan Ge Industry experienced a decline of 5.03% on October 14, with a stock price of 29.09 CNY per share and a trading volume of 1.591 billion CNY, resulting in a total market capitalization of 18.999 billion CNY [1] Company Overview - Yunnan Lincang Xinyuan Ge Industry Co., Ltd. was established on August 19, 1998, and listed on June 8, 2010. The company specializes in the mining, smelting, and processing of germanium, with main products including zone-refined germanium ingots, infrared-grade germanium single crystals, and germanium lenses [1] - The primary application areas for the company's main products are infrared optics and solar cells. The revenue composition of the main business includes: material-grade germanium products (29.26%), photovoltaic-grade germanium products (23.34%), optical fiber-grade germanium products (21.98%), infrared-grade germanium products (12.45%), compound semiconductor materials (10.54%), and others (2.44%) [1] Shareholder Information - Among the top circulating shareholders of Yunnan Ge Industry, a fund under Southern Fund holds a significant position. The Southern CSI 1000 ETF (512100) increased its holdings by 917,000 shares in the second quarter, totaling 4.8281 million shares, which accounts for 0.74% of the circulating shares. The estimated floating loss today is approximately 7.4353 million CNY [2] - The Southern CSI 1000 ETF (512100) was established on September 29, 2016, with a latest scale of 64.953 billion CNY. Year-to-date returns are 27.62%, ranking 1969 out of 4220 in its category; over the past year, returns are 40.32%, ranking 1346 out of 3857; and since inception, returns are 12.94% [2]

Core Insights - The small metals sector experienced a significant increase of 6.26% on October 13, with Guangsheng Nonferrous leading the gains [1] - The Shanghai Composite Index closed at 3889.5, down 0.19%, while the Shenzhen Component Index closed at 13231.47, down 0.93% [1] Small Metals Sector Performance - Guangsheng Nonferrous (600259) closed at 64.85, up 10.01% with a trading volume of 349,700 shares and a transaction value of 2.2 billion [1] - China Rare Earth (000831) also rose by 10.01% to close at 60.14, with a trading volume of 1,169,200 shares and a transaction value of 6.813 billion [1] - Northern Rare Earth (600111) increased by 10.00% to 57.73, with a trading volume of 3,802,600 shares and a transaction value of 21.456 billion [1] - Other notable performers include Dongfang Silver Industry (000962) up 10.00% to 27.62 and Shenghe Resources (600392) up 8.81% to 26.07 [1] Capital Flow Analysis - The small metals sector saw a net inflow of 1.189 billion from main funds, while retail funds experienced a net outflow of 510 million [2][3] - Notable net inflows from main funds include Northern Rare Earth with 724 million and China Rare Earth with 208 million [3] - Retail funds showed significant outflows from several companies, including Northern Rare Earth and China Rare Earth, indicating a shift in investor sentiment [3]

Group 1 - Yunnan Ge Industry's stock increased by 5.09%, reaching 29.91 CNY per share, with a trading volume of 833 million CNY and a turnover rate of 4.47%, resulting in a total market capitalization of 19.535 billion CNY [1] - The company, established on August 19, 1998, and listed on June 8, 2010, specializes in germanium mining, smelting, purification, and deep processing, with main products including zone-refined germanium ingots and infrared-grade germanium single crystals [1] - The revenue composition of the company's main products includes material-grade germanium products (29.26%), photovoltaic-grade germanium products (23.34%), optical fiber-grade germanium products (21.98%), infrared-grade germanium products (12.45%), compound semiconductor materials (10.54%), and others (2.44%) [1] Group 2 - Huaxia Fund's Huaxia CSI 1000 ETF (159845) entered the top ten circulating shareholders of Yunnan Ge Industry in the second quarter, holding 2.8449 million shares, which is 0.44% of the circulating shares, with an estimated floating profit of approximately 4.1252 million CNY [2] - The Huaxia CSI 1000 ETF was established on March 18, 2021, with a latest scale of 38.227 billion CNY, achieving a year-to-date return of 27.78% and a one-year return of 34.64% [2]

Core Viewpoint - Yunnan Ge Industry has shown significant stock performance with a year-to-date increase of 54.37%, indicating strong market interest and potential growth in the sector [1][2]. Company Overview - Yunnan Ge Industry, established on August 19, 1998, and listed on June 8, 2010, is located in Kunming, Yunnan Province. The company specializes in the mining, refining, and processing of germanium, with key products including zone-refined germanium ingots and infrared-grade germanium single crystals [2]. - The company's revenue composition includes material-grade germanium products (29.26%), photovoltaic-grade germanium products (23.34%), optical fiber-grade germanium products (21.98%), infrared-grade germanium products (12.45%), compound semiconductor materials (10.54%), and others (2.44%) [2]. Financial Performance - For the first half of 2025, Yunnan Ge Industry reported a revenue of 529 million yuan, representing a year-on-year growth of 52.10%. The net profit attributable to shareholders was approximately 22.15 million yuan, showing a substantial increase of 339.60% compared to the previous year [2]. - The company has distributed a total of 179 million yuan in dividends since its A-share listing, with 32.66 million yuan distributed over the past three years [3]. Shareholder Information - As of June 30, 2025, Yunnan Ge Industry had 111,700 shareholders, a decrease of 6.67% from the previous period. The average number of circulating shares per shareholder increased by 7.15% to 5,848 shares [2]. - Notable institutional shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 2.38 million shares, and two ETFs, Southern CSI 1000 ETF and Huaxia CSI 1000 ETF, which also increased their stakes [3].

每经AI快讯，云南锗业（SZ 002428，收盘价：28.46元）10月10日晚间发布公告称，云南临沧鑫圆锗业 股份有限公司董事会于2025年10月10日收到公司董事朱知国先生提交的书面辞职报告。朱知国先生因工 作调整原因，申请辞去公司董事、董事会战略委员会委员职务。朱知国先生辞去上述职务后，仍继续担 任公司副总经理职务。 截至发稿，云南锗业市值为186亿元。 每经头条（nbdtoutiao）——天水麻辣烫、淄博烧烤、荣昌卤鹅⋯⋯"泼天流量"退去后，这些城市怎么 样了？ （记者 曾健辉） ...

误导性陈述或重大遗漏。 云南临沧鑫圆锗业股份有限公司（以下简称"公司"）董事会于 2025 年 10 月 10 日收到公司董事朱知国先生提交的书面辞职报告。朱知国先生因工作调整 原因，申请辞去公司董事、董事会战略委员会委员职务。朱知国先生辞去上述职 务后，仍继续担任公司副总经理职务。朱知国先生的董事职务原定任期至 2026 年 2 月 28 日届满，朱知国先生的辞职未导致公司董事会成员低于法定人数，不 会影响公司董事会的正常运作和公司的正常生产经营。根据《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》和《公司章程》等相关规定，朱知国先生 的辞职报告自送达公司董事会之日起生效。公司将按照法定程序尽快完成补选董 事的相关工作。 证券代码：002428 证券简称：云南锗业 公告编号：2025-053 云南临沧鑫圆锗业股份有限公司 关于公司董事辞职的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 截至本公告披露日，朱知国先生未持有公司股票，也不存在未履行完毕的公 开承诺事项。 公司及董事会对朱知国先生任职期间为 ...