Core Viewpoint - China Dajie Nonferrous Metals (00661) saw a significant stock price increase, attributed to positive developments in the domestic smelting sector aimed at reducing competition and improving profitability [1] Industry Summary - The CSPT's third-quarter general manager meeting reached a consensus on several measures to combat excessive competition, including the establishment of a user BM system, resisting the use of average pricing by traders and smelters, and initiating a blacklist system [1] - The China Nonferrous Metals Industry Association suggested setting production capacity ceilings for major metals like copper, lead, and zinc, drawing from experiences in the electrolytic aluminum sector [1] - According to Dongfang Securities, the expected implementation of "anti-involution" measures is likely to slow the growth of midstream smelting capacity, potentially leading to an upward adjustment in smelting fees in the medium term [1] Company Summary - China Dajie Nonferrous Metals reported a revenue decline of over 10% in the first half of the year, primarily due to the accelerated release of domestic and international smelting capacity and tight supply of copper concentrate [1] - The company faced continued low smelting processing fees and a reduction in product output, impacting overall financial performance [1]
港股异动 | 中国大冶有色金属(00661)午后涨超16% 冶炼端反内卷利好频出 冶炼费存在向...