Core Viewpoint - Jiangxi Copper experienced a 2.00% decline in stock price on September 15, 2023, with a current price of 30.35 CNY per share and a market capitalization of 105.09 billion CNY [1] Financial Performance - For the first half of 2025, Jiangxi Copper reported operating revenue of 256.96 billion CNY, a year-on-year decrease of 5.91%, while net profit attributable to shareholders increased by 15.42% to 4.18 billion CNY [2] - The company has cumulatively distributed 22.18 billion CNY in dividends since its A-share listing, with 6.22 billion CNY distributed in the last three years [3] Stock Market Activity - As of September 15, 2023, Jiangxi Copper's stock has increased by 52.18% year-to-date, with a 6.38% rise over the last five trading days, 21.99% over the last 20 days, and 44.85% over the last 60 days [1] - The stock's trading volume on September 15 was 1.39 billion CNY, with a turnover rate of 2.18% [1] Shareholder Structure - As of June 30, 2025, Jiangxi Copper had 117,800 shareholders, a decrease of 4.97% from the previous period [2] - Major shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 25.39 million shares, and several ETFs that also increased their positions [3] Business Overview - Jiangxi Copper, established on January 24, 1997, and listed on January 11, 2002, is primarily engaged in the mining, smelting, and processing of copper and gold, as well as the extraction and processing of rare metals [1] - The company's main revenue sources include cathode copper (51.55%), copper rods and wires (22.79%), and gold (12.65%) [1]

Core Viewpoint - Zhou Dasheng's stock price has shown fluctuations, with a recent decline of 2.03% and a year-to-date increase of 0.68%, indicating mixed market sentiment towards the company [1]. Group 1: Stock Performance - As of September 15, Zhou Dasheng's stock price was 13.98 CNY per share, with a market capitalization of 15.175 billion CNY [1]. - The stock has experienced a 2.03% decline over the past five trading days but a 7.37% increase over the last 20 days [1]. - The company has appeared on the trading leaderboard once this year, with a net buy of -39.3006 million CNY on June 5 [1]. Group 2: Company Overview - Zhou Dasheng Jewelry Co., Ltd. was established on October 15, 2007, and listed on April 27, 2017, focusing on the design, promotion, and chain operation of "Zhou Dasheng" brand jewelry [2]. - The company's revenue composition includes 74.30% from gold jewelry, 8.27% from brand usage fees, and smaller percentages from other jewelry types and services [2]. - As of June 30, 2025, the number of shareholders increased by 13.49% to 33,400, with an average of 32,281 circulating shares per shareholder, a decrease of 12.73% [2]. Group 3: Financial Performance - For the first half of 2025, Zhou Dasheng reported a revenue of 4.597 billion CNY, a year-on-year decrease of 43.92%, while the net profit attributable to shareholders was 594 million CNY, down 1.27% [2]. - The company has distributed a total of 5.246 billion CNY in dividends since its A-share listing, with 2.714 billion CNY distributed in the last three years [3]. Group 4: Shareholder Structure - As of June 30, 2025, the top ten circulating shareholders include notable entities such as Hong Kong Central Clearing Limited and Jiashi New Consumption Stock A, with varying changes in their holdings [3]. - The third-largest circulating shareholder, Hongli Low Volatility, increased its holdings by 4.1435 million shares [3].

Core Viewpoint - Mingpai Jewelry's stock has experienced fluctuations, with a year-to-date increase of 29.93% but a recent decline in the last five trading days. The company is involved in the design, production, and sales of mid-to-high-end precious metal and gemstone jewelry products, with a significant portion of its revenue coming from jewelry sales [1][2]. Group 1: Stock Performance - On September 15, Mingpai Jewelry's stock fell by 2.12%, trading at 5.99 yuan per share, with a total market capitalization of 3.163 billion yuan [1]. - Year-to-date, the stock has increased by 29.93%, with a 1.64% decline over the last five trading days and a 3.63% increase over the last 20 days [1]. - The company has appeared on the trading leaderboard eight times this year, with the most recent appearance on May 28 [1]. Group 2: Financial Performance - For the first half of 2025, Mingpai Jewelry reported a revenue of 1.939 billion yuan, a year-on-year decrease of 20.31%, and a net profit attributable to shareholders of -77.588 million yuan, a decrease of 646.62% [2]. - Cumulatively, the company has distributed 335 million yuan in dividends since its A-share listing, with 52.8 million yuan distributed over the last three years [3]. Group 3: Shareholder Information - As of August 10, the number of shareholders for Mingpai Jewelry stood at 41,000, with an average of 12,878 circulating shares per person [2]. - As of June 30, 2025, the seventh largest circulating shareholder is the Gold Stock ETF (517520), holding 1.6675 million shares as a new shareholder [3]. Group 4: Business Overview - Mingpai Jewelry, established on October 15, 2002, and listed on April 22, 2011, is located in Shaoxing, Zhejiang Province. Its main business includes the design, research and development, production, and sales of jewelry products, which account for 89.71% of its revenue [1]. - The company also engages in real estate marketing services (5.51%) and solar photovoltaic cell products (4.56%) [1]. - Mingpai Jewelry is classified under the textile and apparel industry, specifically in the jewelry and watch sector, and is associated with concepts such as TOPCon batteries, gold stocks, HJT batteries, photovoltaic glass, and solar energy [1].

Core Viewpoint - The stock of Xingye Silver Tin has shown significant growth, with a year-to-date increase of 134.93%, indicating strong market performance and investor interest [1][2]. Group 1: Stock Performance - As of September 15, Xingye Silver Tin's stock price reached 25.96 CNY per share, with a trading volume of 5.80 billion CNY and a market capitalization of 46.096 billion CNY [1]. - The stock has experienced a 11.56% increase over the past five trading days, a 26.45% increase over the past 20 days, and a 70.57% increase over the past 60 days [1]. Group 2: Financial Performance - For the first half of 2025, Xingye Silver Tin reported a revenue of 2.473 billion CNY, reflecting a year-on-year growth of 12.50%, while the net profit attributable to shareholders decreased by 9.93% to 796 million CNY [2]. Group 3: Shareholder Information - As of August 29, the number of shareholders for Xingye Silver Tin increased to 50,900, with an average of 34,844 shares held per shareholder, a decrease of 0.89% [2]. - The company has distributed a total of 423 million CNY in dividends since its A-share listing, with 275 million CNY distributed in the last three years [3]. Group 4: Major Shareholders - As of June 30, 2025, Hong Kong Central Clearing Limited was the fourth largest shareholder, holding 28.8249 million shares, an increase of 3.2836 million shares from the previous period [3]. - Dazheng New Industry Mixed A (090018) entered the top five shareholders with 20.3705 million shares, while Southern CSI 500 ETF (510500) increased its holdings to 18.4623 million shares [3].

Group 1 - Hunan Gold's stock price increased by 2.02% on September 12, reaching 23.27 CNY per share, with a trading volume of 748 million CNY and a turnover rate of 2.10%, resulting in a total market capitalization of 36.363 billion CNY [1] - Year-to-date, Hunan Gold's stock price has risen by 95.17%, with an 8.08% increase over the last five trading days, a 20.88% increase over the last 20 days, and a 30.58% increase over the last 60 days [1] - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent appearance on April 21, where it recorded a net buy of -29.8963 million CNY [1] Group 2 - Hunan Gold, established on December 26, 2000, and listed on August 16, 2007, primarily engages in the mining and processing of gold, antimony, tungsten, and other non-ferrous metals [2] - The company's main revenue sources are gold (94.68%), antimony oxide (2.09%), refined antimony (1.53%), and other products [2] - As of June 30, 2025, Hunan Gold reported a revenue of 28.436 billion CNY, reflecting a year-on-year growth of 87.89%, and a net profit attributable to shareholders of 655.6 million CNY, up 49.66% year-on-year [2] Group 3 - Hunan Gold has distributed a total of 1.228 billion CNY in dividends since its A-share listing, with 553 million CNY distributed over the past three years [3] - As of June 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited and several mutual funds, with notable changes in their holdings [3]

Core Viewpoint - Sichuan Gold has shown significant stock performance with a year-to-date increase of 39.02%, reflecting strong market interest and financial growth [1][2]. Group 1: Stock Performance - On September 12, Sichuan Gold's stock rose by 2.10%, reaching 28.68 CNY per share, with a trading volume of 318 million CNY and a turnover rate of 3.91% [1]. - The stock has experienced a 8.88% increase over the last five trading days, a 22.98% increase over the last twenty days, and an 18.02% increase over the last sixty days [1]. - The company has appeared on the "Dragon and Tiger List" once this year, with a net buy of 21.22 million CNY on April 11 [1]. Group 2: Financial Performance - For the first half of 2025, Sichuan Gold reported a revenue of 442 million CNY, marking an 11.92% year-on-year growth, and a net profit attributable to shareholders of 209 million CNY, which is a 48.41% increase [2]. - Since its A-share listing, Sichuan Gold has distributed a total of 336 million CNY in dividends [3]. Group 3: Shareholder Information - As of June 30, 2025, Sichuan Gold had 44,000 shareholders, an increase of 3.37% from the previous period, with an average of 6,558 shares per shareholder, a decrease of 3.26% [2]. - The top ten circulating shareholders include new entrant Qianhai Kaiyuan Gold and Silver Jewelry Mixed A, holding 2.45 million shares [3].

Core Viewpoint - Huayu Mining's stock has shown significant growth this year, with a year-to-date increase of 118.92%, indicating strong market performance and investor interest [1][2]. Company Overview - Huayu Mining, established on October 22, 2002, and listed on March 16, 2016, is located in Lhasa Economic and Technological Development Zone, Tibet. The company specializes in non-ferrous metal mining, mineral processing, geological exploration, and trading [2]. - The revenue composition of Huayu Mining includes 45.30% from self-produced gold abroad, 33.37% from domestic lead-antimony concentrate (including silver), 14.87% from domestic zinc concentrate, 5.63% from self-produced antimony abroad, and 0.30% from domestic copper concentrate [2]. Financial Performance - For the first half of 2025, Huayu Mining reported an operating income of 803 million yuan, a year-on-year increase of 35.47%, and a net profit attributable to shareholders of 182 million yuan, reflecting a growth of 66.79% [2]. - The company has distributed a total of 281 million yuan in dividends since its A-share listing, with 55.63 million yuan distributed over the past three years [3]. Shareholder Information - As of June 30, 2025, Huayu Mining had 77,900 shareholders, an increase of 18.54% from the previous period, with an average of 10,531 circulating shares per shareholder, a decrease of 15.64% [2]. - Major institutional shareholders include Yinhua Domestic Demand Selected Mixed Fund, holding 7 million shares, and Southern CSI 1000 ETF, holding 6.06 million shares, both showing increases in their holdings [3].

Core Viewpoint - Zhongjin Gold has shown significant stock price appreciation this year, with a year-to-date increase of 66.38% and notable gains over various trading periods [2]. Company Overview - Zhongjin Gold Co., Ltd. is located at 9 Andingmen Outer Street, Dongcheng District, Beijing, established on September 24, 2007, and listed on August 14, 2003. The company specializes in geological exploration, mining, and smelting of gold and other non-ferrous metals [2]. - The company belongs to the non-ferrous metals sector, specifically in precious metals and gold, and is associated with concepts such as gold stocks, non-ferrous copper, scarce resources, MSCI China, and large-cap stocks [2]. Financial Performance - For the first half of 2025, Zhongjin Gold reported operating revenue of 35.067 billion yuan, representing a year-on-year growth of 22.90%. The net profit attributable to shareholders was 2.695 billion yuan, reflecting a year-on-year increase of 54.64% [2]. - Since its A-share listing, Zhongjin Gold has distributed a total of 8.875 billion yuan in dividends, with 5.191 billion yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders for Zhongjin Gold was 137,000, a decrease of 10.29% from the previous period. The average circulating shares per person increased by 11.47% to 35,386 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the second-largest shareholder with 155 million shares, an increase of 28.1141 million shares from the previous period. Other notable shareholders include Huatai-PB CSI 300 ETF and E Fund CSI 300 ETF, which have also increased their holdings [3].

Core Viewpoint - Guoyan Platinum Industry's stock price has shown significant growth this year, with a 30.76% increase, indicating strong market performance and investor interest [1][2]. Company Overview - Guoyan Platinum Industry, established on September 25, 2000, and listed on May 16, 2003, is located in Kunming, Yunnan Province. The company specializes in the research, development, and production of precious metals and materials [1]. - The company's revenue composition includes: 36.21% from precious metal recycling products, 35.17% from precious metal supply services, 16.05% from special functional materials, 8.65% from precursor materials, 3.01% from automotive catalytic purifiers, 0.59% from information functional materials, 0.21% from industrial catalysts, and 0.10% from other sources [1]. Financial Performance - For the first half of 2025, Guoyan Platinum Industry reported a revenue of 29.554 billion yuan, representing a year-on-year growth of 20.91%. The net profit attributable to shareholders was 325 million yuan, reflecting a 2.30% increase compared to the previous year [2]. - The company has distributed a total of 1.072 billion yuan in dividends since its A-share listing, with 453 million yuan distributed over the last three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders increased to 53,100, up by 6.26%. The average number of circulating shares per shareholder decreased by 5.89% to 14,205 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 7.7584 million shares, a decrease of 1.903 million shares from the previous period. Meanwhile, Southern CSI 1000 ETF increased its holdings by 1.4948 million shares to 4.9141 million shares [3].

Company Overview - Beijing Caibai Co., Ltd. is located at 306 Guang'anmennei Street, Xicheng District, Beijing, established on December 9, 1994, and listed on September 9, 2021 [1] - The company's main business includes raw material procurement, design, chain sales, and brand operation of gold and jewelry products [1] Financial Performance - For the first half of 2025, the company achieved operating revenue of 15.248 billion yuan, a year-on-year increase of 38.75% [2] - The net profit attributable to shareholders for the same period was 459 million yuan, reflecting a year-on-year growth of 14.75% [2] - Cumulative cash dividends since the A-share listing amount to 1.742 billion yuan, with 1.462 billion yuan distributed over the past three years [3] Stock Performance - As of September 12, the stock price increased by 2.01% to 14.70 yuan per share, with a total market capitalization of 11.433 billion yuan [1] - Year-to-date, the stock price has risen by 38.29%, with a slight increase of 0.34% over the last five trading days, but a decline of 3.10% over the last 20 days and 10.86% over the last 60 days [1] - The number of shareholders increased by 13.65% to 18,000 as of June 30, with an average of 43,137 shares per shareholder, down by 12.01% [2] Shareholding Structure - As of June 30, 2025, Hong Kong Central Clearing Limited is the eighth largest circulating shareholder, holding 18.8342 million shares, an increase of 293,300 shares from the previous period [3] Business Segmentation - The revenue composition includes 63.79% from precious metal investment products, 27.05% from gold jewelry, 7.72% from precious metal cultural products, 0.70% from diamond and jade jewelry, 0.65% from joint commission income, and 0.09% from other sources [1]