炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ ■ 毛艺融 12月23日，东北制药集团股份有限公司发布公告称，为感谢股东支持，提高股东对公司内在价值的理 解，同时推广自有美妆品牌，公司将开展股东回馈活动。 责任编辑：高佳 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ ■ 毛艺融 在现金分红仍是股东回报主流方式的当下，多家A股上市公司陆续推出电子观影券、景区门票、特色文 创产品等形式丰富多样的股东赠礼活动。这类别出心裁的"花式回馈"不仅为公司与股东的关系注入了更 多温度与活力，更彰显出上市公司积极探索与投资者建立深度联结的主动意识。 可以说，上市公司以实物形式回馈股东，是对传统分红方式的有益补充与创新延伸。尤其对消费类企业 而言，此举更是一举多得：既能将股东转化为公司产品的"体验官"，让股东直观感受产品品质与服务优 势，强化品牌认同感与股东归属感；又能以低成本、高效率的方式实现品牌传播，借助股东的口碑扩大 市场影响力。以郑州千味央厨食品股份有限公司为例，公司公告称，持有100股（含）以上的自然人股 东可领取价值200元的产品礼包，让股东直观感受公司的主营业务 ...

Aspo Plc Managers’ transactions December 17, 2025 at 13.00 EET Aspo Plc - Managers' Transactions - Erkka Repo ____________________________________________ Person subject to the notification requirement Name: Erkka Antero Repo Position: Chief Financial Officer Issuer: Aspo Oyj LEI: 7437000TB0GHDHLPX677 Notification type: INITIAL NOTIFICATION Reference number: 134432/5/4 ____________________________________________ Transaction date: 2025-12-16 Outside a trading venue Instrument type: SHARE ISIN: ...

Core Points - Bank of America Corporation has crossed the legal threshold of 3% for direct voting rights and equivalent financial instruments in Umicore, reaching a total holding of 3.53% as of 18 November 2025 [2][8]. Company Overview - Umicore is a global advanced materials and recycling group, focusing on transforming precious and critical metals into functional technologies for everyday applications [6]. - The company operates with a unique circular business model that ensures continuous refinement and recycling of critical elements for reintegration into new applications [6]. Business Segments - Umicore has four main business groups: Catalysis, Recycling, Specialty Materials, and Battery Materials Solutions, which address resource scarcity and the demand for functional materials in clean technologies and mobility [7]. - The company emphasizes innovation and sustainability through tailored products and processes [7]. Financial Performance - In the first half of 2025, Umicore generated revenues of €1.8 billion (with a turnover of €8.7 billion), primarily focusing on clean mobility and recycling [10].

Summary of Compañía de Minas Buenaventura (NYSE:BVN) 2025 Investor Day Company Overview - **Company**: Compañía de Minas Buenaventura - **Event**: 2025 Investor Day held on November 18, 2025 - **Key Speakers**: Leandro García (CEO), Daniel Dominguez (CFO), Juan Carlos Ortiz (VP of Operations), Roque Benavides (Chairman) Industry Insights - **Mining Sector**: Focus on gold, silver, and copper production - **Market Position**: Currently ranked 81st in market capitalization, with aspirations to reach the top 50 in 15 years - **Production Goals**: - Gold: From current 120,000-130,000 ounces to 200,000-220,000 ounces per year - Silver: From current levels to 20-22 million ounces per year - Copper: From current levels to 120,000-130,000 tons per year Core Strategies and Financial Performance - **Revenue Mix**: 50% base metals and 50% precious metals, targeting a minimum EBITDA margin of 30% [5][6] - **Financial Strength**: Current leverage ratio at 0.45, down from 6 times EBITDA five years ago [9] - **Investment Grade**: Aiming to regain investment grade status and participate in new mining standards [5] Production and Operational Highlights - **Flagship Projects**: - **Cerro Verde**: Partnership with Freeport-McMoRan - **Uchucua and Yumpac**: Silver complex - **Brocal**: Copper mine - **San Gabriel**: Expected to start production in December 2025 [3][6] - **Production Forecast**: - Gold production expected to reach 75,000-80,000 ounces in 2026, increasing to over 100,000 ounces in subsequent years [28] - Copper production at El Brocal projected to reach 60,000 tons per year by 2029 [34] Cost Management and Efficiency - **Cost Reduction Initiatives**: - San Gabriel cash costs projected to decrease from $2,000 to $1,500-$1,400 per ounce as production ramps up [52] - El Brocal cash costs expected to reduce from $6,000 to $5,000 per ton [53] - Uchucua cash costs projected to decrease from $12 to $9-$10 per ounce [53] - Coimolache costs expected to drop from $1,400 to $1,100 per ounce [54] Environmental, Social, and Governance (ESG) Practices - **Local Employment**: 64% of employees are from local communities [14] - **Safety Record**: Zero fatal accidents reported this year [15] - **Renewable Energy**: 100% of energy sourced from renewable sources [16] - **Community Investment**: $240 million spent annually on local services and goods [15] Political and Economic Context - **Political Landscape**: Upcoming elections in Peru may bring discussions on nationalization and tax changes, but the current political context is more stable compared to 2021 [18][19] - **Macroeconomic Fundamentals**: Strong central bank and positive performance of the Peruvian sol [19] Future Outlook - **Cash Flow Projections**: Expected positive free cash flow starting in 2026, with projections of $150 million in 2026 and $400 million in 2027 [56][57] - **Capital Expenditures**: Estimated at $400 million for 2025, with a focus on San Gabriel construction and sustaining CapEx for other projects [55] - **Dividend Expectations**: Anticipated dividends from Cerro Verde of $150 million-$170 million annually [56] Conclusion - **Strategic Focus**: Buenaventura is committed to operational stability, strategic expansion, and maintaining a strong financial position while enhancing production capabilities across its flagship projects [58][59]

Transparency notifications byJP Morgan Asset Management Holdings Inc. In accordance with article 14, § 1 of the law of 2 May 2007 on the disclosure of major holdings, Umicore was recently notified by JP Morgan Asset Management Holdings Inc. that Its subsidiary JPMorgan Asset Management (UK) Limited has crossed the legal threshold of 3% for the direct voting rights downwards on 28 October 2025.Its subsidiary JPMorgan Asset Management (UK) Limited has crossed the legal threshold of 3% for the direct voting ri ...