Core Viewpoint - The data indicates significant outflows of capital from various stocks, with notable losses in both percentage and monetary terms across multiple sectors, particularly in metals, communication equipment, and renewable energy [1][2][3] Group 1: Stock Performance and Capital Outflow - Zijin Mining experienced a capital outflow of 2.275 billion, with a decline of 4.37% [2] - Xinyi Technology saw an outflow of 1.816 billion, with a decrease of 4.06% [2] - Aerospace Development had a capital outflow of 1.691 billion, reflecting a drop of 1.54% [2] - TBEA reported an outflow of 1.553 billion, with a decline of 5.05% [2] - Goldwind Technology faced a capital outflow of 1.217 billion, down by 9.02% [2] - Luoyang Molybdenum experienced an outflow of 1.203 billion, with a decrease of 6.34% [2] - BlueFocus Media saw an outflow of 1.145 billion, down by 5.76% [2] - Longi Green Energy had a capital outflow of 1.106 billion, with a decline of 5.59% [2] - Zhongjin Gold experienced an outflow of 1.033 billion, down by 5.20% [2] - Shanzhi High-Tech saw an outflow of 0.975 billion, with a decrease of 6.23% [2] - Sungrow Power Supply experienced an outflow of 0.963 billion, down by 4.12% [2] Group 2: Additional Stocks and Their Performance - Xinyi Silver experienced a capital outflow of 0.850 billion, with a decline of 6.33% [3] - China Western Power saw an outflow of 0.833 billion, down by 7.14% [3] - Inovance Technology had a capital outflow of 0.811 billion, with a decrease of 6.62% [3] - Sanhua Intelligent Control experienced an outflow of 0.806 billion, down by 3.04% [3] - TCL Zhonghuan saw an outflow of 0.781 billion, with a slight increase of 1.61% [3] - Jiangxi Copper experienced a capital outflow of 0.707 billion, down by 5.10% [3] - Shandong Gold saw an outflow of 0.683 billion, with a decline of 3.92% [3] - SMIC experienced a capital outflow of 0.676 billion, down by 2.65% [3] - Jiejia Weichuang faced an outflow of 0.626 billion, with a significant drop of 12.39% [3]

| 中金黄金 | -4.59 | -7.71亿元 | 贵金属 | | --- | --- | --- | --- | | 阳光电源 | -3.93 | -7.63亿元 | 光伏设备 | | 中国西电 | -6.82 | -7.30亿元 | 电网设备 | | 三花智控 | -2.57 | -6.97亿元 | 家电行业 | | 英维克 | -5.94 | -6.51亿元 | 专用设{ | | 山东黄金 | -4.21 | -6.37亿元 | 贵金属 | | 中芯国际 | -2.59 | -6.34亿元 | 未营体 | | 江西铜业 | -4.03 | -6.12亿元 | 有色金属 | | 北方稀土 | -5.27 | -6.00亿元 | 小金属 | *数据仅供参考，不构成投资建议 据交易所数据显示，截至2月5日午后一小时，主力资金流出前20的股票分别为： 紫金矿业（-21.88亿元）、 新易盛（-15.92亿元）、 特变电工（-13.23亿 元）、 航天发展（-12.66亿元）、 洛阳钼业（-11.69亿元）、 金风科技（-11.46亿元）、 蓝色光标（-10.63亿元）、 隆基绿能（-10.50亿元）、 山子高 ...

来源：新浪基金∞工作室 2月5日，有色金属ETF基金（516650）开盘跌2.44%，报2.155元。有色金属ETF基金（516650）重仓股 方面，紫金矿业开盘跌2.63%，洛阳钼业跌2.66%，北方稀土跌1.61%，华友钴业跌1.40%，中国铝业跌 2.31%，赣锋锂业跌3.20%，山东黄金跌3.54%，云铝股份跌1.49%，中金黄金跌3.80%，天齐锂业跌 1.82%。 有色金属ETF基金（516650）业绩比较基准为中证细分有色金属产业主题指数收益率，管理人为华夏基 金管理有限公司，基金经理为单宽之，成立（2021-06-09）以来回报为120.95%，近一个月回报为 16.68%。 声明：市场有风险，投资需谨慎。本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本文 出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 ...

Group 1 - The main point of the article highlights that major funds have net sold over 1.5 billion in Zijin Mining [1] - In the early trading session, major funds saw net inflows in sectors such as food and beverage, pharmaceuticals, and film and television, while experiencing net outflows in the electric new energy, non-ferrous metals, and electronics sectors [1] - The electric new energy sector had a significant net outflow exceeding 15.3 billion [1] Group 2 - Pingtan Development reached the daily limit with a net buy of over 1.1 billion, leading the inflow rankings [1] - Companies like Zhongji Xuchuang, N Beixin-U, and Wangsu Technology also saw significant net inflows from major funds [1] - Zijin Mining faced the largest net sell-off, exceeding 1.5 billion, along with other companies like Tebian Electric, Xinyisheng, and Longi Green Energy experiencing notable net outflows [1]

Core Viewpoint - Zijin Mining experienced a decline of 5.03% on February 5, with a stock price of 37.19 yuan per share and a total market capitalization of 988.72 billion yuan [1]. Group 1: Company Overview - Zijin Mining Group Co., Ltd. is located in Fujian Province, China, and was established on September 6, 2000, with its listing date on April 25, 2008 [1]. - The company's main business involves mineral resource exploration and development, with revenue composition as follows: smelting products 60.94%, mineral products 36.48%, other 16.83%, and trade 8.02% [1]. Group 2: Fund Holdings - Jin Yuan Shun An Fund has one fund heavily invested in Zijin Mining, specifically the Jin Yuan Shun An Xin Yi Mixed Initiation A (022492), which held 6,500 shares, accounting for 1.71% of the fund's net value, ranking as the sixth-largest holding [2]. - The fund has experienced a loss of approximately 12,800 yuan today, with a year-to-date loss of 1.94%, ranking 8682 out of 8873 in its category [2]. - The fund was established on March 4, 2025, with a latest scale of 13.0364 million yuan and has generated a total return of 6.38% since inception [2].

有色ETF银华（159871）业绩比较基准为中证有色金属指数收益率，管理人为银华基金管理股份有限公 司，基金经理为谭跃峰，成立（2021-03-10）以来回报为126.71%，近一个月回报为16.79%。 声明：市场有风险，投资需谨慎。本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本文 出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 来源：新浪基金∞工作室 2月4日，有色ETF银华（159871）开盘涨1.72%，报2.301元。有色ETF银华（159871）重仓股方面，紫 金矿业开盘涨1.78%，洛阳钼业涨3.98%，北方稀土涨0.35%，华友钴业涨1.70%，中国铝业涨1.75%，赣 锋锂业跌0.29%，山东黄金涨0.39%，云铝股份涨1.17%，中金黄金涨0.18%，中矿资源涨1.14%。 ...

Group 1 - The core viewpoint of the article highlights the performance of the Huabao Nonferrous ETF (159876), which opened with a gain of 2.15% at 1.188 yuan on February 4 [1] - The major holdings of the Huabao Nonferrous ETF include Zijin Mining, which rose by 1.78%, Luoyang Molybdenum by 3.98%, Northern Rare Earth by 0.35%, Huayou Cobalt by 1.70%, China Aluminum by 1.75%, Ganfeng Lithium decreased by 0.29%, Shandong Gold increased by 0.39%, Yun Aluminum by 1.17%, Zhongjin Gold by 0.18%, and Jiangxi Copper by 3.00% [1] - The performance benchmark for the Huabao Nonferrous ETF is the CSI Nonferrous Metals Index return, managed by Huabao Fund Management Co., Ltd. Since its establishment on March 12, 2021, the fund has achieved a return of 132.74%, with a return of 16.91% over the past month [1]

Core Viewpoint - The news highlights the performance and outlook of the non-ferrous metals sector, particularly focusing on the performance of the Huatai ETF and the broader market dynamics affecting metal prices and investments. Group 1: Market Performance - As of February 4, 2026, the China Securities Non-ferrous Metals Industry Theme Index (000811) decreased by 0.32%, with mixed performance among constituent stocks [1] - Notable gainers included Shenhuo Co., Ltd. up 1.73%, China Aluminum Corporation up 1.60%, and Luoyang Molybdenum up 1.51%, while Western Gold fell by 6.55% [1] - The Huatai Non-ferrous ETF (159652) saw a slight increase of 0.05%, with a recent price of 1.95 yuan, and a two-week cumulative increase of 2.59% [1] Group 2: Fund Flows and Liquidity - The Huatai Non-ferrous ETF's latest scale reached 6.403 billion yuan, with a net inflow of 51.56 million yuan recently [3] - Over the past five trading days, there were net inflows on four days, totaling 96.57 million yuan, averaging 19.31 million yuan per day [3] - The ETF recorded a turnover rate of 2.21% with a transaction volume of 143 million yuan [1] Group 3: Investment Sentiment and Outlook - The sentiment in the precious metals sector improved significantly as spot gold prices surpassed $5,000 per ounce, with a daily increase exceeding 2% [3] - The China Nonferrous Metals Industry Association has included copper concentrate in its reserve scope, indicating potential upward pressure on copper prices due to supply disruptions and capital expenditure shortages [3] - Institutions are optimistic about the non-ferrous sector, with expectations of high profitability sustained for 3-5 years due to supply-demand mismatches and macroeconomic easing [3] Group 4: ETF Characteristics and Advantages - The Huatai Non-ferrous ETF (159652) covers a wide range of metal sectors, including gold, copper, aluminum, lithium, and rare earths, positioning it to benefit from a super cycle in non-ferrous metals [5] - The ETF has a leading "gold-copper content" with 34% copper and 12% gold, totaling 46%, which is superior to its peers [7] - The ETF's index has shown a cumulative return leading its peers since 2022, with a maximum drawdown lower than that of similar funds, indicating a better investment experience [9]

Core Insights - Zijin Mining has transformed from a small county-owned mining company into a global mining giant over the past thirty years, starting from a low-grade gold mine in Fujian, China, and significantly increasing its gold resource reserves from 5.45 tons to nearly 300 tons through technological innovation [1][24][25] - The company capitalized on the "Belt and Road" initiative to expand its global footprint, acquiring world-class mines during industry downturns, including the Kamoa-Kakula copper mine in the Democratic Republic of Congo and the Bor copper mine in Serbia [1][8][31] - Zijin Mining now holds significant mining investments in 12 countries, with overseas gold and copper resource reserves and production exceeding half of the company's total [1][20][43] Group 1: Company Development - The development history of Zijin Mining is a narrative of overcoming challenges, resonating with China's reform and opening-up, and aligning with the "Belt and Road" initiative [2][25] - The company has evolved from a single gold mining operation to a multi-metal cross-border operation, including gold, copper, and lithium, reflecting its strategic growth and exploration [2][31] - The company's unique "Five Rings Integration" mining engineering management model has become a core competitive advantage in overseas markets, revitalizing previously overlooked mines [1][20][35] Group 2: Globalization Strategy - The globalization of Zijin Mining is not coincidental but a necessary choice in response to global mining changes and favorable national policies, focusing on regions with significant resource potential and favorable business environments [4][27] - The company has established a comprehensive global resource layout, with assets spread across 18 countries, effectively mitigating risks associated with single-market policy fluctuations and resource supply [35][39] - Zijin Mining's overseas projects have created over 50,000 local jobs and contributed to infrastructure development, education, and healthcare in host countries, demonstrating a commitment to sustainable cross-border operations [43][44] Group 3: Key Projects - The Kamoa-Kakula copper mine is a cornerstone of Zijin Mining's overseas copper business, with a projected production of 437,000 tons in 2024, marking a historical high and positioning it as Africa's largest and the world's fourth-largest copper mine [11][34] - The 3Q lithium salt lake project in Argentina, acquired in 2022, has rapidly progressed to an annual production capacity of 20,000 tons of lithium carbonate, addressing the growing demand in the new energy sector [10][33] Group 4: Competitive Advantages - Zijin Mining's success in cross-border operations is attributed to five core advantages, including strategic alignment with the "Belt and Road" initiative, a focus on high-value minerals, and a commitment to local community investment [12][35] - The company has established a robust cross-border risk management system, addressing geopolitical, currency, and price cycle risks, which has proven effective in maintaining profitability amid domestic policy changes [18][41] - Zijin Mining's capital operation capabilities have been bolstered by its dual listing in Hong Kong and A-shares, enhancing its market valuation and providing strong financial support for overseas expansion [40][43] Group 5: Future Outlook - Looking ahead, Zijin Mining aims to become one of the top three global mining companies, with a focus on green and high-tech operations, planning to achieve significant production targets by 2028 [43][44] - The company will continue to expand its cross-border layout in core minerals like gold, copper, and lithium, while exploring new fields such as deep-sea mining [44]

证券代码：601899 证券简称：紫金矿业 编号：临 2026-009 紫金矿业集团股份有限公司 关于 2023 年股票期权激励计划第一个行权期自主行权结果 暨股份变动月度公告 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法律责任。 重要内容提示： 2026 年 1 月期间，紫金矿业集团股份有限公司（以下简称"公司"）2023 年股票期权激励计划（以下简称"本次股权激励"）第一个行权期行权数量为 0 股。 截至本公告披露日，本次股权激励第一个行权期累计已行权并完成过户登 记的股票数量为 1,220 万股，占本期可行权总量的 93.13%。 根据规则，本次股权激励任一行权期启动后，至当期全部行权完成前，作 为 A+H 上市公司，公司需于每月结束后 2 个交易日内披露当月股票期权行权结果。 一、决策程序及信息披露 经公司于 2025 年 10 月 17 日召开的第八届董事会第十三次会议和第八届监事 会第十三次会议审议通过，本次股权激励第一个行权期行权条件已成就，具体内 容详见公司临 2025-089 号公告。 二、基本情况 （一）行权情况 ...