Market Overview - On November 28, the industrial metals sector rose by 0.97% compared to the previous trading day, with Yinbang Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3888.6, up 0.34%, while the Shenzhen Component Index closed at 12984.08, up 0.85% [1] Top Gainers in Industrial Metals - Yinbang Co., Ltd. (300337) closed at 10.74, up 8.16% with a trading volume of 664,400 shares and a transaction value of 697 million [1] - Guocheng Mining (000688) closed at 25.52, up 5.63% with a trading volume of 407,000 shares and a transaction value of 1.03 billion [1] - Xingye Silver Tin (000426) closed at 34.52, up 4.92% with a trading volume of 712,200 shares and a transaction value of 2.42 billion [1] Market Capital Flow - The industrial metals sector saw a net inflow of 955 million from main funds, while retail funds experienced a net outflow of 80.02 million [2] - The top stocks by net inflow from main funds included Xingye Silver Tin (2.47 billion) and Yinbang Co., Ltd. (475.38 million) [3] Notable Decliners - Luoping Zinc Electric (002114) closed at 8.20, down 6.29% with a trading volume of 631,300 shares and a transaction value of 509 million [2] - Hongchuang Holdings (002379) closed at 20.16, down 2.14% with a trading volume of 185,000 shares and a transaction value of 374 million [2]

11月28日，银邦股份大宗交易成交388.5万股，成交额3395.51万元，占当日总成交额的4.64%，成交价 8.74元，较市场收盘价10.74元折价18.62%。 | 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | (万元) | | | | 2025-11-28 | 300337 | 银邦股份 | 8.74 | 22.90 | 200.15 机构专用 | | 国联民生证券股份 | | | | | | | | | 有限公司无锡中山 | | | | | | | | | 路证券营业部 | | 2025-11-28 | 300337 | 银邦股份 | 8.74 | 24.00 | 209.76 机构专用 | | 国联民生证券股份 | | | | | | | | | 有限公司无锡中山 | | | | | | | | | 路证券营业部 | | 2025-11-28 | 300337 | 银邦股份 | 8.7 ...

银邦金属复合材料股份有限公司 | | | 债券代码：123252 债券简称：银邦转债 关于副总经理辞职的公告 特此公告。 银邦金属复合材料股份有限公司董事会 2025 年 11 月 28 日 银邦金属复合材料股份有限公司（以下简称"公司"）董事会于近日收 到副总经理孙磊先生递交的书面辞职报告，孙磊先生因个人原因申请辞去公 司副总经理职务。 根据《中华人民共和国公司法》《深圳证券交易所上市公司规范运作指 引》和公司章程的相关规定，孙磊先生的辞职报告自送达董事会之日起生效。 生效后孙磊先生不再担任公司任何职务，其辞职不会影响公司相关工作的正 常运行。 截止本公告日，孙磊先生未持有公司股份，不存在应当履行而未履行的 承诺事项。公司董事会对孙磊先生在公司任职期间，勤勉尽责、认真履行各 项职责，推动公司规范运作，为公司所做的重大贡献表示衷心的感谢。 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 ...

Market Overview - The industrial metal sector experienced a decline of 0.19% on November 26, with Yinbang Co., Ltd. leading the losses [1] - The Shanghai Composite Index closed at 3864.18, down 0.15%, while the Shenzhen Component Index rose by 1.02% to 12907.83 [1] Stock Performance - Notable gainers in the industrial metal sector included: - Luoping Zinc Electric (002114) with a closing price of 9.72, up 9.95% [1] - Huafeng Aluminum (601702) at 18.07, up 6.73% [1] - Mengmei New Materials (002988) at 38.52, up 4.16% [1] - Conversely, Yinbang Co., Ltd. (300337) saw a decline of 4.04%, closing at 9.97 [2] Trading Volume and Value - Luoping Zinc Electric had a trading volume of 93,000 shares, with a transaction value of 90.41 million yuan [1] - Huafeng Aluminum recorded a trading volume of 320,900 shares, with a transaction value of 576 million yuan [1] - The industrial metal sector saw a net outflow of 1.372 billion yuan from major funds, while retail investors contributed a net inflow of 884 million yuan [2] Fund Flow Analysis - Major funds showed a net inflow in: - Northern Copper (000737) with 14.4 million yuan [3] - Tongling Nonferrous Metals (000630) with 94.99 million yuan [3] - Major funds experienced a net outflow in: - Huafeng Aluminum (601702) with a net outflow of 32.38 million yuan [3] - Jiangxi Copper (600362) with a net outflow of 44.74 million yuan [3]

Group 1 - The core viewpoint of the news is that Yinbang Co., Ltd. has seen a stock price increase of 5.19%, reaching 10.53 CNY per share, with a trading volume of 198 million CNY and a turnover rate of 2.34%, resulting in a total market capitalization of 8.655 billion CNY [1] - Yinbang Co., Ltd. specializes in the research, production, and sales of aluminum alloy composite materials, aluminum-based multi-metal composite materials, and non-composite aluminum alloys, with 99.37% of its main business revenue coming from metal composite materials [1] Group 2 - Among the top ten circulating shareholders of Yinbang Co., Ltd., a fund under Southern Fund holds a position, specifically the Southern CSI 1000 ETF (512100), which reduced its holdings by 65,600 shares in the third quarter, now holding 4.5068 million shares, accounting for 0.55% of circulating shares [2] - The Southern CSI 1000 ETF (512100) has a total scale of 76.63 billion CNY and has achieved a return of 21.59% this year, ranking 1964 out of 4206 in its category [2]

| 证券代码：300337 | 证券简称：银邦股份 | 公告编号：2025-074 | | --- | --- | --- | | 债券代码：123252 | 债券简称：银邦转债 | | 银邦金属复合材料股份有限公司 关于持股 5%以上股东权益变动触及 1%整数倍的公告 公司持股 5%以上股东无锡新邦科技有限公司保证向本公司提供的 信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信 息一致。 | 权益变动时间 | | 2025 年 11 月 12 | 日至 2025 年 11 | 月 20 日 | | --- | --- | --- | --- | --- | | 权益变动过程 | | 2025 年 11 月 12 司股份 525,000 2025 年 11 月 13 司股份 221,000 2025 年 11 月 17 司股份 2,672,000 2025 年 11 月 20 司股份 2,232,000 | 日通过大宗交易方式减持公 股； 日通过大宗交易方式减持公 股； 日通过大宗交易方式减持公 股； 日通过大宗交易方式减持公 股； | ...

Market Overview - On November 20, the industrial metals sector declined by 0.52% compared to the previous trading day, with Xinweiling leading the decline [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Stock Performance - Notable gainers in the industrial metals sector included: - Guocheng Mining (Code: 000688) with a closing price of 29.65, up 4.99% and a trading volume of 610,600 shares, totaling 1.823 billion yuan [1] - Asia-Pacific Technology (Code: 002540) with a closing price of 7.15, up 3.03% and a trading volume of 307,700 shares, totaling 220 million yuan [1] - Major decliners included: - Xinweiling (Code: 920634) with a closing price of 24.91, down 3.67% and a trading volume of 12,900 shares, totaling 33.008 million yuan [2] - Chang Aluminum (Code: 002160) with a closing price of 5.41, down 3.22% and a trading volume of 751,900 shares, totaling 413 million yuan [2] Capital Flow - The industrial metals sector experienced a net outflow of 1.961 billion yuan from institutional investors, while retail investors saw a net inflow of 1.359 billion yuan [2] - Key stocks with significant capital flow included: - Huayu Mining (Code: 601020) with a net inflow of 97.347 million yuan from institutional investors [3] - Xizang Zhuofeng (Code: 600338) with a net inflow of 94.423 million yuan from institutional investors [3]

Summary of Key Points Core Viewpoint - On November 20, Yinbang Co., Ltd. executed a block trade of 2.232 million shares, amounting to 19.7085 million yuan, which represented 9.07% of the total trading volume for the day. The transaction price was 8.83 yuan, reflecting a discount of 13.26% compared to the market closing price of 10.18 yuan [1]. Group 1: Trading Details - The block trade involved a total of 2.232 million shares at a price of 8.83 yuan per share [1]. - The total transaction value was 19.7085 million yuan [1]. - The transaction accounted for 9.07% of the total trading volume on that day [1]. Group 2: Buyer and Seller Information - The buyer was identified as an institutional trading department, with multiple transactions recorded [2]. - The seller was associated with Guolian Minsheng Securities Co., Ltd., specifically their Wuxi Zhongshan Road branch [2]. - Various transaction volumes were recorded, including 22.70 million shares, 37.10 million shares, and 50.00 million shares, among others, all at the same price of 8.83 yuan [2].

| 证券代码：300337 | 证券简称：银邦股份 | 公告编号：2025-073 | | --- | --- | --- | | 债券代码：123252 | 债券简称：银邦转债 | | 银邦金属复合材料股份有限公司 关于为全资子公司提供担保的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、担保情况概述 银邦金属复合材料股份有限公司（以下简称"公司"）分别于2025年4月18 日、2025年5月15日召开第五届董事会第十六次会议及2024年年度股东大会，审 议通过了《关于2025年度担保额度预计的议案》，同意公司为全资子公司银邦（安 徽）新能源材料科技有限公司（以下简称"银邦安徽新能源"）融资提供担保， 预计担保额度不超过人民币19.5亿元。具体内容详见公司2025年4月18日在中国 证监会指定的创业板信息披露网站巨潮资讯网披露的《关于2025年度担保额度预 计的公告》（公告编号：2025-023）。 二、担保进展情况 近日，公司与中国工商银行股份有限公司淮北牡丹支行签署了《保证合同》, 为上述全资子公司银邦安徽新能源与该银行签订的主合同项下债务 ...

Core Viewpoint - The company, Yinbang Co., has decided not to lower the conversion price of its convertible bonds, "Yinbang Convertible Bonds," during the specified period, indicating a strategic decision to maintain the current terms despite potential triggers for adjustment [2]. Summary by Relevant Sections - **Board Meeting Decision**: On November 19, 2025, the company held its 20th meeting of the 5th Board of Directors, where it approved the proposal not to adjust the conversion price of the "Yinbang Convertible Bonds" [2]. - **Future Conditions**: The company will not propose a downward adjustment of the conversion price for a period of six months, from November 20, 2025, to May 20, 2026, even if conditions for such an adjustment are met [2]. - **Post-Period Review**: After May 21, 2026, if the conditions for a downward adjustment are triggered again, the Board will reconvene to decide on the potential exercise of the downward adjustment rights for the conversion price [2].