Core Viewpoint - The non-ferrous metal sector experienced a significant decline in the afternoon, with copper and precious metals leading the drop, indicating a bearish trend in the market [1] Company Summary - Luoyang Molybdenum Co. Ltd. saw a decline of over 5% in its stock price, reflecting negative market sentiment [1] - Other companies such as Zijin Mining, Shengda Resources, Jiangxi Copper, Tongling Nonferrous Metals, and Zhaojin Mining also experienced rapid declines in their stock prices, following the trend set by Luoyang Molybdenum [1]

Core Viewpoint - Luoyang Molybdenum Co., Ltd. experienced a 5.1% decline in stock price, closing at 16.36 CNY per share, with a trading volume of 5.068 billion CNY and a turnover rate of 1.71%, resulting in a total market capitalization of 350.011 billion CNY [1] Company Overview - Luoyang Molybdenum Co., Ltd. was established on December 22, 1999, and went public 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 [1] - The revenue composition of the company's main business 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%) [1] Fund Holdings - According to data from major funds, one fund under Shenwan Hongyuan holds a significant position in Luoyang Molybdenum. The Shenwan Hongyuan Carbon Neutrality Selected Mixed Fund A (016101) reduced its holdings by 1,300 shares in the second quarter, now holding 34,900 shares, which accounts for 3.53% of the fund's net value, ranking as the fifth-largest holding [2] - The Shenwan Hongyuan Carbon Neutrality Selected Mixed Fund A (016101) was established on August 2, 2022, with a latest scale of 6.6552 million CNY. Year-to-date returns are 3.79%, ranking 1 out of 2 in its category; the one-year return is 13.05%, also ranking 1 out of 2; however, since inception, it has incurred a loss of 41.68% [2]

Core Viewpoint - Luoyang Molybdenum Co., Ltd. has shown significant trading activity and financial performance, with notable increases in net profit despite a decrease in revenue, indicating potential investment opportunities in the company [1][2]. Trading Activity - On October 13, Luoyang Molybdenum's stock rose by 3.11%, with a trading volume of 6.811 billion yuan. The financing buy-in amounted to 711 million yuan, while financing repayment was 637 million yuan, resulting in a net financing buy of 73.57 million yuan. The total financing and securities balance reached 2.984 billion yuan [1]. - The financing balance of Luoyang Molybdenum on the same day was 2.956 billion yuan, accounting for 0.98% of the circulating market value, which is above the 90th percentile level over the past year, indicating a high level of financing activity [1]. - In terms of securities lending, 40,900 shares were repaid, while 142,900 shares were sold, amounting to 2.4636 million yuan in sales. The remaining securities lending volume was 1.6303 million shares, with a balance of 28.1064 million yuan, also exceeding the 90th percentile level over the past year [1]. Company Overview - Luoyang Molybdenum Co., Ltd. was established on December 22, 1999, and listed on October 9, 2012. The company primarily engages in the mining, selection, deep processing, trading, and research of rare metals such as molybdenum, tungsten, and gold [2]. - The revenue composition of the company 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 first half of 2025, Luoyang Molybdenum reported a revenue of 94.773 billion yuan, a year-on-year decrease of 7.83%. However, the net profit attributable to shareholders was 8.671 billion yuan, reflecting a year-on-year increase of 60.07% [2]. - The company has distributed a total of 21.562 billion yuan in dividends since its A-share listing, with 10.576 billion yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders in Luoyang Molybdenum was 237,500, a decrease of 15.95% from the previous period. The average circulating shares per person remained at 0 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited held 648 million shares, an increase of 69.4089 million shares from the previous period. Other notable shareholders include Huaxia SSE 50 ETF and Huatai-PineBridge CSI 300 ETF, which also increased their holdings [3].

Core Viewpoint - Luoyang Molybdenum Co., Ltd. is a leading player in the non-ferrous metal mining industry, with significant production capabilities in molybdenum, tungsten, cobalt, and copper, and is experiencing fluctuations in stock performance and market interest [1][2][3]. Company Overview - Luoyang Molybdenum Co., Ltd. is primarily engaged in the mining, selection, smelting, and deep processing of precious metals such as molybdenum, tungsten, and gold, and has a comprehensive integrated industrial chain [2][7]. - The company is one of the top five molybdenum producers globally and the largest tungsten producer, as well as the second-largest cobalt and niobium producer [2][3]. Financial Performance - For the first half of 2025, the company reported a revenue of 94.77 billion yuan, a year-on-year decrease of 7.83%, while the net profit attributable to shareholders increased by 60.07% to 8.67 billion yuan [8]. - The company has distributed a total of 21.56 billion yuan in dividends since its A-share listing, with 10.58 billion yuan distributed in the last three years [9]. Production and Growth - The company has been expanding its precious metals business, with the revenue and profit contribution from gold and silver products increasing annually [3]. - In 2023, the company expects to produce between 25,000 to 27,000 ounces of gold from its NPM copper-gold mine in Australia, representing a year-on-year increase of 56% to 69% [3]. Market Activity - On October 13, the company's stock rose by 3.11%, with a trading volume of 6.81 billion yuan and a turnover rate of 2.37%, indicating a market interest ranking of 49th in the A-share market [1]. - The stock has seen a net outflow of 2.59 million yuan from major investors today, with a continuous reduction in holdings over the past three days [4][5]. Shareholder Structure - As of June 30, 2025, the company had 237,500 shareholders, a decrease of 15.95% from the previous period, with the average circulating shares per person remaining at zero [8]. - Major shareholders include Hong Kong Central Clearing Limited and various ETFs, indicating a diversified ownership structure [9]. Technical Analysis - The average trading cost of the stock is 10.76 yuan, with the current price approaching a resistance level of 18.00 yuan, suggesting potential for a breakout or a pullback [6].

Core Viewpoint - Luoyang Molybdenum Co., Ltd. has experienced significant stock price fluctuations, driven primarily by rising copper prices, with a notable increase of 24% in stock price over a few trading days, reaching a historical high of 18 yuan per share [2][4][6]. Company Performance - Since April 9, 2023, Luoyang Molybdenum's stock price has surged by 218%, increasing its market capitalization from 121 billion yuan to a peak of 384 billion yuan, and maintaining a market cap of 357.7 billion yuan as of October 10, 2023 [2][4]. - The company reported a net profit of 8.671 billion yuan for the first half of 2025, reflecting a year-on-year increase of 60.07% [2][11]. Market Dynamics - The stock price of Luoyang Molybdenum is closely linked to copper prices, which have risen from 9,154 USD/ton to 10,867 USD/ton since April 11, 2023, marking an increase of 18.7% [8]. - The company has strategically positioned itself in the copper and cobalt markets, capitalizing on the growing demand driven by the global energy transition [3][10]. Strategic Initiatives - Luoyang Molybdenum has focused on acquiring high-quality mining resources, including significant stakes in world-class mines, which has established a long-term cost advantage [3][9]. - The company has adopted a "mining + trading" dual-driven model to maximize the value of its mining industry chain [6][10]. Challenges and Future Outlook - Despite strong performance, Luoyang Molybdenum faces challenges related to its dependence on cyclical industries and market volatility, particularly in the context of global supply chain uncertainties [2][4]. - The company is exploring new growth paths to reduce reliance on cyclical profits and ensure sustainable growth [2][10].

Core Viewpoint - Luoyang Molybdenum Co., Ltd. is experiencing a decline in stock price, with a 3.18% drop on October 10, 2023, and a total market capitalization of 357.13 billion yuan [1]. Company Overview - Luoyang Molybdenum is engaged in the mining and processing of non-ferrous metals, including molybdenum, tungsten, cobalt, niobium, and phosphorus, and is one of the top five molybdenum producers globally [3][4]. - The company has a comprehensive integrated industrial chain and is the largest tungsten producer, the second-largest cobalt and niobium producer, and a leading copper producer [3][4]. Financial Performance - For the first half of 2025, Luoyang Molybdenum reported a revenue of 94.77 billion yuan, a year-on-year decrease of 7.83%, while net profit attributable to shareholders increased by 60.07% to 8.67 billion yuan [9]. - The company has distributed a total of 21.56 billion yuan in dividends since its A-share listing, with 10.58 billion yuan in the last three years [10]. Production and Growth - The company has increased its focus on precious metals, with the revenue contribution from gold and silver products rising annually [4]. - In 2023, the gold production guidance from its NPM copper-gold mine in Australia is projected to be between 25,000 to 27,000 ounces, representing a year-on-year increase of 56% to 69% [4]. Market Position - Luoyang Molybdenum ranks 34th in terms of market popularity in the A-share market [2]. - The company is classified under the non-ferrous metals industry, specifically in the industrial metals sector, with a focus on copper [9].

Core Viewpoint - Luoyang Molybdenum Co., Ltd. (603993.SH) announced that its main products include copper, cobalt, molybdenum, tungsten, niobium, and phosphorus, and it is also engaged in trading various bulk commodities. The company confirmed that its production and operational activities are normal, with no significant fluctuations in production costs or sales conditions [1] Group 1 - The company produces a variety of key products including copper, cobalt, molybdenum, tungsten, niobium, and phosphorus [1] - The company is involved in trading multiple bulk commodities [1] - The company has conducted a self-inspection and found that its production and operational activities are normal [1] Group 2 - There have been no significant fluctuations in production costs [1] - There have been no significant changes in sales conditions [1]

Core Viewpoint - Luoyang Molybdenum Co., Ltd. (03993) announced that its A-share stock experienced an abnormal trading fluctuation, with a cumulative closing price increase exceeding 20% over three consecutive trading days on September 29, September 30, and October 9, 2025 [1] Summary by Relevant Sections - **Stock Trading Fluctuation** - The company's A-share stock recorded a cumulative closing price increase of over 20% within three consecutive trading days, indicating significant market activity [1] - **Company Self-Examination** - Following the abnormal trading activity, the company conducted a self-examination and consulted with its controlling shareholder and actual controller, confirming that there are no major events affecting the stock's trading fluctuations [1] - **Disclosure of Information** - As of the date of the announcement, both the company and its controlling shareholder and actual controller have stated that there are no undisclosed major information that could impact the stock's trading [1]

Core Viewpoint - Luoyang Molybdenum Co., Ltd. (603993) (03993) announced that its A-share stock experienced an abnormal trading fluctuation, with a cumulative closing price deviation exceeding 20% over three consecutive trading days from September 29 to October 9, 2025 [1] Summary by Relevant Sections - Company Self-Examination: The company conducted a self-examination and consulted with its controlling shareholder and actual controller, confirming that there are no significant matters affecting the abnormal trading fluctuation [1] - Disclosure Status: As of the date of this announcement, the company and its controlling shareholder and actual controller do not have any undisclosed significant information that should be disclosed [1]

敬请广大投资者注意二级市场交易风险，理性决策，审慎投资。 格隆汇10月9日丨洛阳钼业(03993.HK)公告，洛阳栾川钼业集团股份有限公司股票于2025年9月29日、9 月30日及10月9日连续3个交易日内收盘价格涨幅偏离值累计超过20%，属于股票交易异常波动。 经公司自查，并书面征询控股股东及实际控制人，截至本公告披露日，公司及控股股东、实际控制人均 不存在影响公司股票交易异常波动的重大事项，不存在应披露而未披露的重大信息。 ...