Core Viewpoint - The company, Feinan Resources, is experiencing a positive impact on revenue due to the recent rise in international copper and silver prices, which is expected to enhance its earnings through metal price differentials. Group 1: Company Performance - As of December 26, 2025, Feinan Resources (301500) closed at 15.59 yuan, up 1.83%, with a turnover rate of 4.34%, a trading volume of 62,500 shares, and a transaction amount of 97.26 million yuan [1]. - The company primarily engages in hazardous waste disposal and recycling of non-ferrous metals, producing marketable products such as electrolytic copper, nickel powder, zinc ingots, tin ingots, gold ingots, silver ingots, and palladium powder [2]. Group 2: Revenue Mechanism - The company's profitability mainly derives from the price differential in metal purchases and sales, which increases when metal prices rise, positively affecting revenue and operational performance [2]. - The company utilizes futures contracts for price risk management of certain metal inventories, focusing on balancing the risks of price fluctuations rather than speculative trading [2]. Group 3: Market Dynamics - On December 26, the net outflow of main funds was 1.8557 million yuan, indicating a slight reduction in holdings by major investors, while retail investors showed a net inflow of 265,000 yuan [3].
股市必读：飞南资源（301500）12月26日董秘有最新回复