Kings(SH:603505) Sou Hu Cai Jing·2025-06-03 18:37Core Viewpoint - The company Jinshi Resources (603505) is undergoing significant changes, including the cancellation of its supervisory board and adjustments to its registered capital, which may impact its operational structure and investor perception [3][5][6]. Group 1: Stock Performance and Trading Information - As of June 3, 2025, Jinshi Resources closed at 21.44 yuan, with a slight increase of 0.05%, a turnover rate of 0.41%, a trading volume of 24,800 shares, and a transaction amount of 53.0945 million yuan [1]. - On the same day, the net capital flow showed a net outflow of 1.1043 million yuan from main funds, a net outflow of 2.8607 million yuan from speculative funds, and a net inflow of 3.965 million yuan from retail investors [1][3]. Group 2: Corporate Governance Changes - The fifth meeting of the fifth board of directors on June 3, 2025, approved several resolutions, including the cancellation of the supervisory board and changes to the registered capital, which will be submitted for shareholder approval [3][5]. - The registered capital will be reduced from 604,772,233 yuan to 601,802,523 yuan, followed by an increase to 841,668,813 yuan due to the implementation of the 2024 profit distribution plan [6]. Group 3: Industry Position and Product Focus - Jinshi Resources is classified under the non-metallic mineral mining industry, with its main products being fluorite and hydrofluoric acid, which are essential raw materials for the fluorochemical industry [2]. - The company emphasizes the differences between its products and those in the downstream fluorochemical sector, highlighting the distinct supply-demand relationships and price fluctuations that may affect its market performance [2].