（责任编辑：康博） 中国经济网北京10月9日讯 洛阳钼业(SH:603993)今日股价涨停，截至收盘报17.27元，涨幅 10.00%。 ...

Core Viewpoint - Luoyang Molybdenum (03993) announced a significant stock incentive plan, which is expected to enhance shareholder value and align employee interests with company performance [1] Group 1: Stock Performance - Luoyang Molybdenum's stock price increased by 6.57%, reaching HKD 17.36, with a trading volume of HKD 704 million [1] Group 2: Incentive Plan - The company plans to establish a restricted stock plan for H-shares, granting up to 393 million H-shares for employee incentives, which represents approximately 10% of the total issued H-shares [1] Group 3: Market Analysis - Bank of America Securities reported operational issues at the world's three major copper mines, predicting that actual production will fall short of previous expectations over the next two years [1] - The closure of the Grasberg mine alone could lead to a supply shortfall of 270,000 tons next year [1] Group 4: Target Price Adjustments - Bank of America raised the target price for Zijin Mining from HKD 31 to HKD 37 and for Luoyang Molybdenum from HKD 14 to HKD 16.5, maintaining a "Buy" rating [1] - The rating for Jiangxi Copper was upgraded from "Underperform" to "Buy," with the target price increased from HKD 17 to HKD 31 [1]

Core Viewpoint - The government of the Democratic Republic of the Congo (DRC) has issued a warning to companies that violate the new cobalt export quota system, stating that such companies will face a permanent ban on cobalt exports. This has led to a significant increase in cobalt futures prices, which rose over 11% in the past two days [3]. Group 1: Cobalt Market Impact - The DRC president's warning indicates a stricter regulatory environment for cobalt exports, which could affect supply and pricing in the global market [3]. - Cobalt futures have seen a notable price increase, reflecting market reactions to the DRC's regulatory stance [3]. Group 2: Company Developments - Luoyang Molybdenum Co., Ltd. (洛阳钼业) has core assets in the DRC, specifically the TFM and KFM copper mines, with plans to achieve an annual production of 800,000 to 1,000,000 tons of copper and 90,000 to 100,000 tons of cobalt [3]. - On September 23, Luoyang Molybdenum announced a significant stock incentive plan, proposing to grant up to 393 million H-shares to incentivized individuals, which represents about 10% of the total issued H-shares [3]. - The total value of the stock incentive plan is estimated at 5 billion HKD, accounting for approximately 1.8% of the company's total market capitalization [3].

Core Viewpoint - Luoyang Molybdenum (03993) has seen a stock price increase of over 5%, currently trading at 17.16 HKD with a transaction volume of 647 million HKD, driven by news regarding cobalt export regulations in the Democratic Republic of Congo [1] Group 1: Company Performance - Luoyang Molybdenum's core assets include the TFM and KFM copper mines located in the Democratic Republic of Congo, with plans to achieve an annual copper production of 800,000 to 1,000,000 tons and cobalt production of 90,000 to 100,000 tons [1] - The company announced a significant stock incentive plan on September 23, proposing to grant up to 393 million H-shares for employee incentives, representing approximately 10% of the total issued H-shares [1] Group 2: Market Impact - The recent warning from the Congolese president about permanently banning companies that violate new cobalt export quotas has led to a surge in cobalt futures, which rose over 11% in the past two days [1] - The total planned amount for the stock incentive program is estimated at 5 billion HKD, accounting for about 1.8% of the company's total market capitalization [1]

Core Viewpoint - Luoyang Molybdenum (03993.HK) experienced a significant increase in stock price, rising over 5% to reach 17.16 HKD with a trading volume of 647 million HKD [1] Group 1 - The stock price of Luoyang Molybdenum increased by 5.34% [1] - The current trading price is reported at 17.16 HKD [1] - The total trading volume reached 647 million HKD [1]

Core Viewpoint - Luoyang Molybdenum (603993)(03993) has seen a stock price increase of over 5%, currently trading at 17.16 HKD with a transaction volume of 647 million HKD, driven by news regarding cobalt export regulations in the Democratic Republic of Congo [1] Group 1: Market Reaction - The stock price of Luoyang Molybdenum rose by 5.34% as of the latest report [1] - The trading volume reached 647 million HKD, indicating strong market interest [1] Group 2: Regulatory Environment - The President of the Democratic Republic of Congo, Felix Tshisekedi, warned that the government will permanently ban companies that violate the new cobalt export quota system from exporting cobalt [1] - Cobalt futures have increased by over 11% in the past two days, reflecting market concerns over supply constraints [1] Group 3: Company Operations - Luoyang Molybdenum's core assets include the TFM and KFM copper mines located in the Democratic Republic of Congo [1] - The company plans to achieve an annual production of 800,000 to 1,000,000 tons of copper and 90,000 to 100,000 tons of cobalt [1] Group 4: Incentive Plan - On September 23, Luoyang Molybdenum announced a significant stock incentive plan, proposing to establish a restricted stock plan for H-shares [1] - The plan involves granting up to 393 million H-shares to incentive recipients, representing approximately 10% of the total issued H-shares [1] - The total value of the incentive plan is estimated at 5 billion HKD, accounting for about 1.8% of the company's total market capitalization [1]

Core Viewpoint - Luoyang Molybdenum Co., Ltd. has successfully passed the re-audit for The Copper Mark certification at its TFM copper-cobalt mine in the Democratic Republic of the Congo, marking it as the first mine in Africa to achieve this certification and fully meet all standards [1] Group 1 - The Copper Mark organization has officially notified Luoyang Molybdenum that its TFM mine has been evaluated as "fully meeting" all areas of the certification [1] - TFM is recognized as the first mine in Africa to obtain The Copper Mark certification [1] - The mine is also the first in Africa to completely satisfy all standards set by The Copper Mark [1]

Core Viewpoint - Morgan Stanley increased its stake in Luoyang Molybdenum Co., Ltd. by acquiring 11,067,433 shares at an average price of HKD 13.9622 per share, totaling approximately HKD 155 million, raising its total holdings to about 239 million shares, representing a 6.06% ownership [1] Summary by Category - **Investment Activity** - Morgan Stanley's recent purchase of shares indicates a strategic investment in Luoyang Molybdenum, reflecting confidence in the company's future performance [1] - The total amount invested in this transaction is approximately HKD 155 million [1] - **Shareholding Structure** - Following the acquisition, Morgan Stanley's total shareholding in Luoyang Molybdenum has increased to approximately 239 million shares [1] - The new ownership percentage stands at 6.06%, indicating a significant stake in the company [1]

Core Viewpoint - Morgan Stanley has increased its stake in Luoyang Molybdenum Co., Ltd. by acquiring approximately 11.07 million shares at an average price of HKD 13.9622 per share, totaling around HKD 155 million, resulting in a new holding of approximately 239 million shares, representing a 6.06% ownership stake [1] Summary by Category - **Investment Activity** - Morgan Stanley purchased 11,067,433 shares of Luoyang Molybdenum on September 25 [1] - The average purchase price was HKD 13.9622 per share, leading to a total investment of approximately HKD 155 million [1] - **Ownership Structure** - Following the acquisition, Morgan Stanley's total shareholding in Luoyang Molybdenum increased to approximately 239 million shares [1] - The new ownership percentage stands at 6.06% [1]

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 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 公司名稱: 洛陽欒川鉬業集團股份有限公司 呈交日期: 2025年10月2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 | ...