湖州市资本市场发展促进会是由上市公司、拟上市企业和中介机构、金融机构、投资机构等自愿结成的 地方性、联合性、非营利性社会组织，旨在进一步做好服务企业上市和上市公司高质量发展的"两篇文 章"，通过构建一个业务联络、信息沟通、经验交流的工作平台，为会员单位提供资本市场综合服务， 支持会员单位利用资本市场做大做优做强。 许峰指出，促进会的成立在政府和市场之间架起了新的桥梁纽带，缔造了一个优秀本地企业家"共融、 共生、共识、共享、共创"的交流平台，对于湖州资本市场迈向更高层次、更宽领域、更高质量发展具 有重要意义。促进会在未来要当好"组织员"，引导企业规范经营，推动企业间深化合作，助力企业做优 做强；当好"辅导员"，弘扬湖商精神，营造先上市带动后上市的氛围，助力企业借力资本市场发展壮 大；当好"参谋员"，落实好资本市场高质量发展的各项政策法规，深入开展资本市场相关的学习研究和 调查分析，助力政企高效联动。 本报讯(记者邬霁霞)9月5日，湖州市资本市场发展促进会(以下简称"促进会")成立大会暨第一届第一次 会员大会在浙江省湖州市召开。湖州市委常委、副市长许峰出席会议并讲话，各区县和市级有关单位负 责人，以及来自全市上市 ...

| 成交量 （万 | 成交金额 | 成交价 格 | 相对当日收盘 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | | （万元） | | 折溢价（%） | | | | 股） | | （元） | | | | | 200.00 | 7062.00 | 35.31 | -2.51 | 中信证券股份有限公司 | 广发证券股份有限公司九 | | | | | | 北京总部证券营业部 | 江长虹大道证券营业部 | | 100.00 | 3531.00 | 35.31 | -2.51 | 中信建投证券股份有限 | 广发证券股份有限公司九 | | | | | | 公司北京东城分公司 | 江长虹大道证券营业部 | （文章来源：证券时报网） 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 永兴材料9月5日大宗交易平台共发生2笔成交，合计成交量300.00万股，成交金额1.06亿元。成交价格均 为35.31元，相对今日收盘价折价2.51%。 证券时报·数据宝统计显示，永兴材料今日收盘价为36.22元，上涨7.06%，日换手率为6.88%，成交额为 9.4 ...

9月5日，永兴材料大宗交易成交300万股，成交额1.06亿元，占当日总成交额的10.04%，成交价35.31 元，较市场收盘价36.22元折价2.51%。 ...

格隆汇9月5日｜A股市场锂矿股午后进一步拉升，其中，欣旺达涨超14%，赣锋锂业10CM涨停，亿纬 锂能涨超9%，德方纳米、天齐锂业涨超8%，中矿资源、永兴材料涨超7%，东阳光、盛新锂能、西藏珠 峰、华友钴业涨超6%，融捷股份、耐普矿机、国城矿业、盐湖股份、江特电机涨超5%。 ...

Core Viewpoint - Lithium carbonate futures prices continue to decline, reaching a low of 75,740 yuan/ton, with a weekly drop of 4.72% as of August 29 [1] Group 1: Market Dynamics - The current decline in lithium carbonate futures prices is attributed to ongoing market speculation regarding supply contraction expectations [2] - A significant drop in futures prices occurred on Thursday, with the 2511 contract falling nearly 5%, influenced by the news of Yongxing Materials' successful renewal of its safety production license [2] - The market had previously been concerned about the renewal of mining licenses, which contributed to a risk premium in lithium carbonate futures prices [2][3] Group 2: Supply and Demand Fundamentals - The market is experiencing a structural mismatch in supply and demand, with weekly lithium carbonate production remaining high at 19,000 tons, only slightly down by 108 tons [4] - Despite a decrease in production from Jiangxi lithium mica, the overall production remains elevated due to high-priced imported spodumene [4] - As of August 28, social inventory of lithium carbonate was 141,100 tons, down by approximately 407 tons, indicating limited improvement in the fundamental market conditions [4] Group 3: Future Outlook - The price of lithium carbonate has returned to a neutral level, with short-term supply-demand contradictions being minimal [5] - However, prolonged production halts and declining ore inventories may exacerbate supply-demand issues, potentially driving prices higher [5] - The focus will shift to the completion of the resource verification report and subsequent mineral type changes by September 30, which will be critical for market sentiment [5]

Core Viewpoint - Yongxing Materials has experienced fluctuations in stock price and financial performance, with a notable decrease in revenue and net profit for the first half of 2025, indicating potential challenges ahead for the company [2][3]. Group 1: Stock Performance - On August 29, Yongxing Materials' stock rose by 2.08%, reaching 35.39 CNY per share, with a trading volume of 1.79 billion CNY and a turnover rate of 1.32%, resulting in a total market capitalization of 19.079 billion CNY [1]. - Year-to-date, Yongxing Materials' stock price has decreased by 4.94%, with a 1.35% increase over the last five trading days, a 0.42% decrease over the last 20 days, and a 14.60% increase over the last 60 days [1]. Group 2: Financial Performance - For the first half of 2025, Yongxing Materials reported a revenue of 3.693 billion CNY, a year-on-year decrease of 17.78%, and a net profit attributable to shareholders of 401 million CNY, down 47.84% year-on-year [2]. - Since its A-share listing, Yongxing Materials has distributed a total of 5.503 billion CNY in dividends, with 4.203 billion CNY distributed in the last three years [3]. Group 3: Shareholder Information - As of June 30, 2025, Yongxing Materials had 53,700 shareholders, a decrease of 3.06% from the previous period, with an average of 7,232 circulating shares per shareholder, an increase of 3.17% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the sixth largest, holding 5.4031 million shares, an increase of 2.6028 million shares from the previous period [3].

Market Overview - On August 28, the energy metals sector rose by 0.91% compared to the previous trading day, with Boqian New Materials leading the gains [1] - The Shanghai Composite Index closed at 3843.6, up 1.14%, while the Shenzhen Component Index closed at 12571.37, up 2.25% [1] Stock Performance - Boqian New Materials (605376) closed at 49.14, up 5.00%, with a trading volume of 125,600 shares and a transaction value of 610 million yuan [1] - Other notable performers included: - Cangge Mining (000408) at 50.69, up 2.14% [1] - Huayou Cobalt (603799) at 46.57, up 1.55% [1] - Tengyuan Mining (301219) at 65.20, up 1.09% [1] - Sai Rui Aluminum (300618) at 40.45, up 0.92% [1] Capital Flow - The energy metals sector experienced a net outflow of 1.101 billion yuan from institutional investors, while retail investors saw a net inflow of 916 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Individual Stock Capital Flow - Boqian New Materials saw a net inflow of 37.51 million yuan from institutional investors, but a net outflow of 73.68 million yuan from retail investors [3] - Other stocks with significant capital movements included: - Huayou Cobalt with a net inflow of 1.10 million yuan from institutional investors and a net inflow of 1.16 million yuan from retail investors [3] - Cangge Mining with a net outflow of 25.63 million yuan from institutional investors but a net inflow of 26.29 million yuan from retail investors [3]

Investment Rating - The investment rating for the company is "Buy" (maintained) [2] Core Views - The report highlights that the company's performance in the first half of 2025 was impacted by a decline in lithium prices, leading to a decrease in revenue and profit. However, cost optimization efforts have helped mitigate some of the pressure [4][5] - The company received government subsidies of nearly 60 million yuan, which contributed to a quarter-on-quarter increase in net profit for Q2 2025 [4] - The report anticipates a gradual recovery in profits from 2025 to 2027, with projected net profits of 908 million yuan, 1.085 billion yuan, and 1.495 billion yuan respectively [6] Financial Performance Summary - In the first half of 2025, the company achieved operating revenue of 3.693 billion yuan, a year-on-year decrease of 18%. The net profit attributable to the parent company was 401 million yuan, down 48% year-on-year [4] - The average selling price of lithium carbonate for the first half of 2025 was approximately 71,600 yuan per ton, reflecting a 32% year-on-year decline [5] - The company's lithium business revenue was 862 million yuan, a decrease of 41% year-on-year, with a gross profit of 257 million yuan, down 47% year-on-year, resulting in a gross margin of 30% [5] Business Segment Analysis - The special steel segment reported revenue of 2.831 billion yuan in the first half of 2025, down 6% year-on-year, with a gross profit of 326 million yuan and a gross margin of 11.52% [6] - The company has been optimizing its product structure, leading to increased sales of high-value-added products such as nuclear power steel and automotive high-purity steel, which has improved market share [6] Profit Forecast and Investment Recommendations - The report forecasts net profits for 2025, 2026, and 2027 at 908 million yuan, 1.085 billion yuan, and 1.495 billion yuan respectively, reflecting a downward adjustment in lithium price expectations [6] - Earnings per share (EPS) are projected to be 1.68 yuan, 2.01 yuan, and 2.77 yuan for the years 2025, 2026, and 2027 respectively [6]

Market Overview - The energy metals sector experienced a decline of 2.93% on August 27, with Yongshan Lithium leading the drop [1] - The Shanghai Composite Index closed at 3800.35, down 1.76%, while the Shenzhen Component Index closed at 12295.07, down 1.43% [1] Individual Stock Performance - Yongshan Lithium closed at 9.97, down 3.95%, with a trading volume of 276,700 shares and a transaction value of 281 million yuan [1] - Cangge Mining closed at 49.63, down 3.69%, with a trading volume of 178,400 shares and a transaction value of 895.1 million yuan [1] - Xizang Mining closed at 21.61, down 3.57%, with a trading volume of 242,200 shares and a transaction value of 53.5 million yuan [1] - Shengxin Lithium Energy closed at 16.99, down 3.47%, with a trading volume of 378,100 shares and a transaction value of 662 million yuan [1] - Shengtun Mining closed at 7.94, down 3.29%, with a trading volume of 1,429,400 shares and a transaction value of 1.161 billion yuan [1] Capital Flow Analysis - The energy metals sector saw a net outflow of 1.12 billion yuan from main funds, while retail funds had a net inflow of 745 million yuan [1] - Cangge Mining had a main fund net inflow of 11.78 million yuan, but a retail net outflow of 25.57 million yuan [2] - Yongshan Lithium experienced a main fund net outflow of 24.79 million yuan, with a retail net inflow of 19.14 million yuan [2] - Xizang Mining had a significant main fund net outflow of 89.09 million yuan, while retail funds saw a net inflow of 56.03 million yuan [2]

Market Overview - On August 26, the energy metals sector declined by 0.54%, with Tengyuan Cobalt leading the drop [1] - The Shanghai Composite Index closed at 3868.38, down 0.39%, while the Shenzhen Component Index closed at 12473.17, up 0.26% [1] Individual Stock Performance - Notable gainers included: - Zangge Mining (Code: 000408) with a closing price of 51.53, up 1.56% [1] - Shengxin Lithium Energy (Code: 002240) with a closing price of 17.60, up 0.98% [1] - Yongxing Materials (Code: 002756) with a closing price of 35.79, up 0.48% [1] - Notable decliners included: - Tengyuan Cobalt (Code: 301219) with a closing price of 66.38, down 3.52% [2] - BQian New Materials (Code: 605376) with a closing price of 48.21, down 2.98% [2] - Huayou Cobalt (Code: 603799) with a closing price of 47.17, down 2.01% [2] Capital Flow Analysis - The energy metals sector experienced a net outflow of 651 million yuan from institutional investors, while retail investors saw a net inflow of 276 million yuan [2][3] - Key stocks with significant capital flow include: - Tianqi Lithium (Code: 002466) with a net outflow of 31.30 million yuan from institutional investors [3] - Zangge Mining (Code: 000408) with a net inflow of 37.13 million yuan from retail investors [3] - Rongjie Co., Ltd. (Code: 002192) with a net outflow of 48.04 million yuan from institutional investors [3]