股票代码：603993 股票简称：洛阳钼业 编号：2025—062 洛阳栾川钼业集团股份有限公司 第七届董事会第六次临时会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担个别及连带责任。 洛阳栾川钼业集团股份有限公司（以下简称"本公司"或"公司"） 第七届董事会第六次临时会议通知于 2025 年 12 月 1 日以电子邮件方 式发出，会议于 2025 年 12 月 1 日以传阅方式召开。全体董事一致同 意豁免会议通知时限。会议应参加董事 7 名，实际参加董事 7 名。本 次会议的召集、召开符合相关法律法规和本公司《公司章程》及有关 规定，会议决议合法、有效。会议审议通过如下议案： 一、审议通过关于参与认购基金的议案。 详见公司于上海证券交易所发布的相关公告。 特此公告。 洛阳栾川钼业集团股份有限公司董事会 二零二五年十二月二日 2 该议案已经独立董事专门会议审议通过，董事会同意公司全资子 公司西藏施莫克商贸有限公司与各合同方共同签署《博裕新智新产 （宁波）股权投资合伙企业（有限合伙）有限合伙合同》，由西藏施 1 莫克认购人民 ...

洛阳钼业公告，全资子公司西藏施莫克商贸有限公司与博裕天枢（宁波）自有资金投资有限责任公司等 合作方签署《博裕新智新产（宁波）股权投资合伙企业（有限合伙）有限合伙合同》，由西藏施莫克认 购人民币5亿元基金份额。基金主要专注于科技、医疗健康、消费品和零售三大朝阳产业。 ...

Core Viewpoint - Luoyang Molybdenum Co., Ltd. has shown significant trading activity with a notable increase in stock price and high financing levels, indicating strong market interest and potential investment opportunities [1][2]. Financing Activity - On December 1, Luoyang Molybdenum's stock rose by 6.53%, with a trading volume of 6.512 billion yuan. The financing buy-in amounted to 480 million yuan, while financing repayment was 507 million yuan, resulting in a net financing outflow of 26.71 million yuan [1]. - As of December 1, the total financing and securities lending balance for Luoyang Molybdenum was 3.174 billion yuan, with the financing balance of 3.155 billion yuan accounting for 1.05% of the circulating market value, which is above the 80th percentile of the past year [1]. Securities Lending Activity - On the same day, Luoyang Molybdenum repaid 298,700 shares in securities lending and sold 51,600 shares, with the selling amount calculated at 892,200 yuan. The remaining securities lending volume was 1.0537 million shares, with a balance of 18.2185 million yuan, exceeding the 70th percentile of the past year [1]. Company Overview - Luoyang Molybdenum Co., Ltd., established on December 22, 1999, and listed on October 9, 2012, primarily engages in the mining, selection, deep processing, and trading of rare metals such as molybdenum, tungsten, and gold [2]. - The company's revenue composition includes refined metal product trading (48.56%), concentrate product trading (38.31%), copper (27.14%), cobalt (6.04%), molybdenum (3.12%), phosphorus (2.23%), niobium (1.88%), tungsten (1.17%), and others (0.11%) [2]. Financial Performance - For the period from January to September 2025, Luoyang Molybdenum reported a revenue of 145.485 billion yuan, a year-on-year decrease of 5.99%, while the net profit attributable to shareholders increased by 72.61% to 14.280 billion yuan [2]. Dividend Distribution - Since its A-share listing, Luoyang Molybdenum has distributed a total of 21.562 billion yuan in dividends, with 10.576 billion yuan distributed over the past three years [3]. Institutional Holdings - As of September 30, 2025, the top ten circulating shareholders included Hong Kong Central Clearing Limited, holding 669.5 million shares (an increase of 47.472 million shares), and various ETFs with changes in their holdings [3].

截至月份: 2025年11月30日 狀態: 新提交 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 致：香港交易及結算所有限公司 公司名稱: 洛陽欒川鉬業集團股份有限公司 呈交日期: 2025年12月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03993 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 3,933,468,000 | RMB | | 0.2 | RMB | | 786,693,600 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | 0 | | 本月底結存 | | | 3,933,468,000 | RMB | | 0.2 | RMB | | 786,693,600 | | ...

Core Viewpoint - Luoyang Molybdenum Co., Ltd. has shown significant fluctuations in financing activities and stock performance, with a notable increase in net profit despite a decrease in revenue for the first nine months of 2025 [1][2]. Financing Activities - On November 27, Luoyang Molybdenum experienced a financing buy-in of 210 million yuan, with a net financing outflow of approximately 21.69 million yuan [1]. - The total financing balance reached 3.19 billion yuan, accounting for 1.14% of the circulating market value, indicating a high level of financing activity compared to the past year [1]. - The company had a margin balance that exceeded the 80th percentile of the past year, suggesting elevated borrowing levels [1]. Stock Performance - On November 27, the stock price of Luoyang Molybdenum fell by 0.19%, with a trading volume of 2.686 billion yuan [1]. - The company had a margin sell-out of 69,900 shares on the same day, with a total sell-out value of approximately 1.11 million yuan [1]. Business Overview - Luoyang Molybdenum primarily engages in the mining, processing, and trading of rare metals such as molybdenum, tungsten, and gold, with a diverse revenue structure [2]. - As of September 30, 2025, the company reported a revenue of 145.49 billion yuan, a year-on-year decrease of 5.99%, while the net profit attributable to shareholders increased by 72.61% to 14.28 billion yuan [2]. Shareholder Structure - As of September 30, 2025, the top ten circulating shareholders included Hong Kong Central Clearing Limited, which increased its holdings by 47.47 million shares [3]. - The company has seen a rise in the number of shareholders, with a total of 304,200, reflecting an increase of 28.08% compared to the previous period [2].

Core Viewpoint - The expectation of a Federal Reserve interest rate cut has increased, leading to a collective rise in gold and copper prices, with the non-ferrous metal sector showing signs of recovery [1][4]. Group 1: Federal Reserve and Economic Outlook - Federal Reserve Governor Christopher Waller reiterated support for a rate cut in December, citing stable inflation and concerns about the labor market [3]. - Goldman Sachs predicts that the Fed will likely initiate a rate cut in December, with potential further cuts in 2025, bringing the benchmark rate down to the 3%-3.25% range [3]. - The current economic conditions suggest a tilt towards accelerated rate cuts if the economic downturn exceeds expectations [3]. Group 2: Market Reactions and Commodity Prices - The market's anticipation of the Fed's rate cut has provided upward momentum for physical asset prices, with COMEX gold and LME copper both rising over 1% [4]. - The copper production target for Freeport-McMoRan in Indonesia has been lowered to 478,000 tons for 2026 due to operational disruptions, which may lead to short-term supply concerns and support higher copper prices [4]. Group 3: Copper Price Projections - UBS has raised its copper price targets for 2026, with the new target set at $13,000 per ton, reflecting a bullish outlook on copper prices [5]. - The copper market is expected to maintain an upward price trend due to supply constraints and increasing demand from sectors like electric power, new energy vehicles, and data centers [8]. Group 4: Non-Ferrous Metal Sector Performance - The Non-Ferrous 50 ETF (159652) saw significant gains, with leading stocks like Huaxi Nonferrous rising over 8% and several others increasing by more than 3% [6]. - The non-ferrous metal sector is characterized by tight supply and strong demand, with aluminum prices expected to remain high due to limited new capacity and robust demand [9]. Group 5: Investment Opportunities - The Non-Ferrous 50 ETF (159652) is highlighted for its high "gold and copper content," with 33% copper and 13% gold, making it a leading choice in the sector [10]. - The ETF has demonstrated superior performance with a cumulative return leading its peers since 2022, driven by earnings rather than valuation expansion [12].

Core Points - The Hang Seng Index and its sub-indices experienced collective gains, with the Hang Seng Index rising by 0.61% to 25,873.27 points, the Hang Seng Tech Index increasing by 1.15%, and the National Enterprises Index up by 0.75% [5] - Xiaomi Group's stock surged over 4% following an announcement that its founder and CEO Lei Jun purchased 2.6 million shares at an average price of approximately 38.58 HKD per share, totaling over 100 million HKD [2][5] - New consumption concept stocks, particularly Gu Ming, saw significant gains, with Gu Ming's stock rising over 5% after launching new products priced at 16 HKD and 18 HKD [4][5] Group 1: Stock Performance - Xiaomi Group's stock closed at 40.440 HKD, reflecting a 4.60% increase [3][6] - Other notable performers included Bilibili, which rose over 5%, and Baidu, which increased by over 3% [5] - The automotive sector also showed strength, with companies like Li Auto and BYD experiencing gains [3][5] Group 2: Market Trends - The new consumption sector is expanding, as evidenced by Gu Ming's introduction of new products aimed at diversifying its offerings [4] - The non-ferrous metals sector is gaining momentum, with companies like Luoyang Molybdenum rising over 2% amid increased expectations of a Federal Reserve rate cut in December [7][8] - The probability of a 25 basis point rate cut by the Federal Reserve in December has risen to 82.9%, which is expected to positively impact the non-ferrous metals sector [7]

Core Viewpoint - Luoyang Molybdenum Co., Ltd. has shown significant stock performance with a year-to-date increase of 146.83%, despite a recent decline over the past 20 days [2] Company Overview - Luoyang Molybdenum Co., Ltd. was established on December 22, 1999, and listed on October 9, 2012. The company is primarily engaged in the mining, selection, deep processing, trading, and research of precious metals such as molybdenum, tungsten, and gold [3] - The company's main business revenue composition includes: refined metal product trading (48.56%), concentrate product trading (38.31%), copper (27.14%), cobalt (6.04%), molybdenum (3.12%), phosphorus (2.23%), niobium (1.88%), tungsten (1.17%), and others (0.11%) [3] Stock Performance - As of November 25, Luoyang Molybdenum's stock price increased by 2.87%, reaching 15.79 CNY per share, with a total market capitalization of 337.816 billion CNY [1] - The stock has seen a trading volume of 285 million CNY and a turnover rate of 0.10% [1] - The stock has experienced a net inflow of 27.3474 million CNY from main funds, with significant buying and selling activity from large orders [1] Financial Performance - For the period from January to September 2025, Luoyang Molybdenum achieved a revenue of 145.485 billion CNY, a year-on-year decrease of 5.99%, while the net profit attributable to shareholders increased by 72.61% to 14.280 billion CNY [3] - The company has distributed a total of 21.562 billion CNY in dividends since its A-share listing, with 10.576 billion CNY distributed in the last three years [4] Shareholder Structure - As of September 30, 2025, the number of shareholders increased to 304,200, reflecting a growth of 28.08% [3] - Major shareholders include Hong Kong Central Clearing Limited, which holds 669.5 million shares, an increase of 47.472 million shares from the previous period [4]

从基金十大重仓股角度 数据显示，国海富兰克林基金旗下1只基金重仓洛阳钼业。国富焦点驱动混合A（000065）三季度持有 股数1.86万股，占基金净值比例为0.54%，位居第六大重仓股。根据测算，今日浮盈赚取约1.43万元。 11月25日，洛阳钼业涨5.02%，截至发稿，报16.12元/股，成交18.64亿元，换手率0.67%，总市值 3448.76亿元。 资料显示，洛阳栾川钼业集团股份有限公司位于河南省洛阳市栾川县城东新区画眉山路伊河以北，成立 日期1999年12月22日，上市日期2012年10月9日，公司主营业务涉及主要从事钼、钨及黄金等稀贵金属 的开采、选冶、深加工、贸易、科研等。生产所需原辅材料、机械设备、仪器仪表、零配件的进口(上 述进出口项目凭资格证书经营)。金属贸易。主营业务收入构成为：精炼金属产品贸易48.56%，精矿产 品贸易38.31%，铜27.14%，钴6.04%，钼3.12%，磷2.23%，铌1.88%，钨1.17%，其他(补充)0.11%。 国富焦点驱动混合A（000065）成立日期2013年5月7日，最新规模4981.09万。今年以来收益2.89%，同 类排名7082/8136；近一 ...

Core Viewpoint - On November 24, 2023, Luoyang Molybdenum Co., Ltd. executed a block trade involving 900,000 shares at a transaction value of 13.815 million yuan, with a transaction price of 15.35 yuan per share, indicating stable trading activity in the stock market [1]. Group 1: Trading Activity - A block trade of 900,000 shares was recorded on November 24, with a total transaction value of 13.815 million yuan [1]. - The transaction price of 15.35 yuan per share reflects no premium or discount compared to the closing price on that day [1]. - Over the past three months, the stock has seen a total of 12 block trades, accumulating a total transaction value of 277 million yuan [1]. Group 2: Stock Performance - The closing price of Luoyang Molybdenum on the day of the block trade was 15.35 yuan, representing a 1.12% increase [1]. - The stock experienced a trading volume of 2.496 billion yuan on that day, with a net inflow of 39.6892 million yuan in main capital [1]. - Over the past five days, the stock has declined by 4.36%, with a total net outflow of 1.238 billion yuan [1]. Group 3: Margin Trading Data - The latest margin financing balance for Luoyang Molybdenum is 3.332 billion yuan, which has decreased by 261 million yuan over the past five days, reflecting a decline of 7.26% [1]. Group 4: Company Background - Luoyang Molybdenum Co., Ltd. was established on December 22, 1999, with a registered capital of 4.2788620352 billion yuan [1].