Group 1 - The core viewpoint of the news highlights the decline of the China Rare Earth Industry Index by 4.45% as of February 5, 2026, with leading stocks such as Jinfeng Technology and China Aluminum experiencing significant drops [1] - The U.S. plans to initiate a critical mineral reserve project, the "Treasury Plan," which reinforces the long-term premium logic of rare earths as "strategic metals" [1] - Research institutions believe that the strategic position of global rare earth resources is continuously improving, marking the entry of the rare earth industry into a new era of high-quality development [1] Group 2 - On the supply side, quota controls and regulatory policies are expected to strengthen the rigid logic of supply, while on the demand side, emerging fields such as electric vehicles, humanoid robots, and low-altitude economy are anticipated to drive long-term high growth in demand [1] - It is projected that starting in 2026, the global supply-demand gap for rare earths will continue to expand, with prices expected to remain stable or increase, leading to sustained improvement in the profitability of the industry chain [1] - CITIC Securities' research report recommends strategic allocation value in the rare earth industry chain due to these favorable conditions [1] Group 3 - The China Rare Earth Industry Index closely tracks the performance of listed companies involved in rare earth mining, processing, trading, and applications, reflecting the overall performance of the rare earth industry [2] - As of January 30, 2026, the top ten weighted stocks in the index include Northern Rare Earth, Jinfeng Technology, Xiamen Tungsten, and China Aluminum, collectively accounting for 61.43% of the index [2] Group 4 - The Rare Earth ETF by Jiashi (516150) serves as a convenient tool for investors to gain exposure to the domestic rare earth industry chain [3] - Investors can also utilize the Jiashi Rare Earth ETF Connect Fund (011036) to seize investment opportunities in the rare earth sector [4]

内蒙古还将健全"大安全大应急"体系，加强区域综合性应急救援基地、航空应急救援体系、应急物资储 备库、消防救援基础设施等建设，提升森林草原防灭火、防汛抗旱减灾、地震灾害防范、极端天气应对 等能力。 1月18日15时03分，包钢板材厂发生爆炸事故，共造成10人死亡，84人受伤。 包钢在当天的会议上说，内蒙古要开展建筑施工、高层建筑、交通运输、矿山、危化品、燃气、消防、 旅游等重点领域隐患排查整治，强化大型活动的安全管控，坚决遏制重特大事故发生。 中新网呼和浩特2月4日电(记者李爱平)内蒙古自治区政府主席包钢2月4日在内蒙古自治区十四届人大五 次会议上表示，内蒙古要深刻汲取包钢板材厂"1·18"爆炸事故教训，坚决遏制重特大事故发生。 内蒙古自治区政协委员郭万富认为，内蒙古自治区深刻汲取包钢板材厂"1·18"爆炸事故教训的意义在 于，将发展与安全置于同等高度，才能为筑牢中国北疆安全稳定屏障提供坚实支撑。(完) ...

（文章来源：证券日报） 证券日报网讯 2月3日，包钢股份发布公告称，2026年1月份，公司通过集中竞价交易方式回购股份 7960700股，占公司总股本的比例为0.018%。截至2026年1月31日，公司通过集中竞价交易方式累计回 购股份54134800股，占公司总股本的比例为0.120%。 ...

内蒙古包钢钢联股份有限公司 关于股份回购进展情况的公告 | 股票代码：600010 | 股票简称：包钢股份 | 编号：（临）2026-001 | | --- | --- | --- | | 债券代码：163705 | 债券简称：20钢联03 | | | 债券代码：175793 | 债券简称：GC钢联01 | | 2026 年 1 月，公司通过集中竞价交易方式回购股份 7960700 股，占公司总股本的比例为 0.018%，成交的最高价为 2.69 元/股、 最低价为 2.31 元/股，已支付的总金额为 2000.0342 万元（不含佣 金、手续费等交易费用）。 截至 2026 年 1 月 31 日，公司通过集中竞价交易方式累计回购 股份 54134800 股，占公司总股本的比例为 0.120%，成交的最高价 为 2.72 元/股、最低价为 1.79 元 /股，已支付的 总金额为 13000.1341 万元（不含佣金、手续费等交易费用）。 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个别及连带责任。 | 回购方案首次披露日 | 2025 ...

Market Performance - The steel sector saw an increase of 2.85% on February 3, with Shougang Corporation leading the gains [1] - The Shanghai Composite Index closed at 4067.74, up 1.29%, while the Shenzhen Component Index closed at 14127.1, up 2.19% [1] Individual Stock Performance - Shougang Corporation (000959) closed at 5.58, with a rise of 5.48% and a trading volume of 462,000 shares, amounting to 254 million yuan [1] - Liugang Corporation (601003) closed at 5.05, up 4.77%, with a trading volume of 438,300 shares, totaling 216 million yuan [1] - Hualing Steel (000932) closed at 5.98, increasing by 4.55%, with a trading volume of 1,192,000 shares, amounting to 702 million yuan [1] - Other notable performers include: - Sijiang Steel (600808) at 3.95, up 4.50% [1] - Wujin Stainless Steel (603878) at 9.30, up 4.14% [1] - Jiuquan Steel (600307) at 1.84, up 3.95% [1] Capital Flow - The steel sector experienced a net inflow of 419 million yuan from main funds, while retail funds saw a net outflow of 214 million yuan and 205 million yuan respectively [1] - Notable net inflows from main funds include: - Baogang Corporation (600010) with 30.6 million yuan [2] - Hebei Steel (000709) with 42.06 million yuan [2] - Shougang Corporation (000959) with 28.81 million yuan [2]

格隆汇2月3日丨包钢股份(600010.SH)公布，截至2026年1月31日，公司通过集中竞价交易方式累计回购 股份5413.48万股，占公司总股本的比例为0.120%，成交的最高价为2.72元/股、最低价为1.79元 /股，已 支付的总金额为1.3亿元（不含佣金、手续费等交易费用）。 ...

格隆汇2月3日丨包钢股份(600010.SH)公布，截至2026年1月31日，公司通过集中竞价交易方式累计回购 股份5413.48万股，占公司总股本的比例为0.120%，成交的最高价为2.72元/股、最低价为1.79元 /股，已 支付的总金额为1.3亿元（不含佣金、手续费等交易费用）。 ...

Core Viewpoint - Baosteel Co., Ltd. has experienced fluctuations in stock price and trading volume, with a recent increase of 2.12% on February 3, 2023, and a total market capitalization of 109.15 billion yuan [1] Group 1: Stock Performance - Year-to-date, Baosteel's stock price has increased by 1.26%, but it has seen declines of 5.12% over the last five trading days, 4.37% over the last 20 days, and 10.74% over the last 60 days [2] - As of February 3, 2023, the stock price is reported at 2.41 yuan per share, with a trading volume of 1.283 billion yuan and a turnover rate of 1.72% [1] Group 2: Financial Performance - For the period from January to September 2025, Baosteel achieved a revenue of 48.08 billion yuan, representing a year-on-year decrease of 3.58%, while the net profit attributable to shareholders increased by 145.03% to 233 million yuan [2] Group 3: Shareholder Information - As of December 19, 2025, the number of shareholders for Baosteel is 869,100, a decrease of 2.65% from the previous period, with an average of 36,105 circulating shares per shareholder, an increase of 2.73% [2] - The top circulating shareholder is China Securities Finance Corporation, holding 767 million shares, while Hong Kong Central Clearing Limited has reduced its holdings by 574 million shares [3]

Investment Rating - The report maintains an "Outperform" rating for the industry [2][12]. Core Insights - The report highlights the ongoing strength in precious metals and anticipates potential profit increases in minor metals [1]. - It emphasizes the financial attributes of copper and the impact of supply constraints on various metals, including aluminum and tungsten [4][5]. - The report notes the continued demand for gold driven by central bank purchases and the selling of U.S. government bonds by European institutions [4]. Summary by Sections Copper Sector - The report indicates a focus on the financial attributes of copper, with LME copper prices at $12,921 per ton and SHFE copper at ¥101,340 per ton, showing a week-on-week change of -0.6% and +0.6% respectively [4]. - It mentions a tightening supply of copper concentrate, with processing fees declining, which may accelerate the clearing of smelting profits [4]. Aluminum Sector - LME aluminum prices reached $3,175 per ton, while SHFE aluminum was at ¥24,290 per ton, reflecting a week-on-week increase of +0.9% and +1.5% respectively [4]. - The report notes a high operating rate of 98.3% for electrolytic aluminum and a slight increase in the operating rate of aluminum processing enterprises [4]. Precious Metals - SHFE gold prices were reported at ¥1,115.6 per gram and COMEX gold at $4,983.1 per ounce, with week-on-week increases of +8.1% and +8.3% respectively [4]. - The report highlights that the SPDR Gold ETF's net holdings increased to 1,086.5 tons, indicating stable demand from overseas investors [4]. Minor Metals - Tungsten prices rose to ¥535,000 per ton, with a week-on-week increase of +5.5% [4]. - The report also notes a tightening supply in the rare earth sector, with prices for praseodymium and dysprosium oxides showing slight declines [4]. Steel Sector - SHFE rebar and hot-rolled coil prices were reported at ¥3,142 and ¥3,305 per ton, with slight week-on-week decreases [5]. - The report mentions a significant explosion at a steel plant, which may lead to stricter safety regulations and supply constraints in the steel industry [5]. Investment Recommendations - The report suggests focusing on companies with rich copper resources, such as Zijin Mining and China Molybdenum, as well as those in the aluminum sector like China Aluminum and Nanshan Aluminum [8]. - It also recommends monitoring tungsten and rare earth companies, as well as steel firms with strong product structures [8].

Core Viewpoint - The data indicates significant outflows of capital from various stocks, with notable declines in share prices across multiple sectors, suggesting a bearish sentiment in the market. Group 1: Major Stocks with Capital Outflows - Zhongji Xuchuang experienced the highest capital outflow of 3.861 billion, with a share price decline of 8.94% [1][2] - BlueFocus Media saw a capital outflow of 2.275 billion, with a decrease of 8.4% in its stock price [1][2] - Zijin Mining had an outflow of 1.891 billion, reflecting an 8.79% drop in its share price [1][2] - Industrial Fulian faced an outflow of 1.839 billion, with a 3.5% decline in stock value [1][2] - Zhaoyi Innovation reported a capital outflow of 1.673 billion, with a significant drop of 10% in its share price [1][2] Group 2: Additional Stocks with Notable Outflows - Shannon Microelectronics had an outflow of 1.520 billion, with a steep decline of 12.36% [1][2] - BYD experienced a capital outflow of 1.374 billion, with a 4.22% decrease in its stock price [1][2] - Baiwei Storage saw an outflow of 1.183 billion, with a decline of 10.35% [1][2] - Jiangbolong had an outflow of 1.150 billion, with a 10.77% drop in its share price [1][2] - Northern Rare Earth reported an outflow of 1.027 billion, with a 7.62% decline [1][2] Group 3: Other Stocks with Capital Outflows - China Aluminum faced an outflow of 1.016 billion, with a stock price decrease of 9.98% [1][2] - Tianfu Communication had an outflow of 0.977 billion, with a 4% decline in its share price [1][3] - SMIC reported an outflow of 0.953 billion, with a 4.81% drop [1][3] - iFlytek experienced an outflow of 0.797 billion, with a 4.36% decline [1][3] - Wanhua Chemical had an outflow of 0.741 billion, with an 8.68% decrease [1][3]