本报告依据中国资产评估准则编制 卧龙新能源集团股份有限公司拟转让卧龙矿业 （上海）有限公司股权项目 资 产 评 估 报 告 中联评报字【2025】第 1616 号 中联资产评估集团有限公司 二零二五年五月二十一日 卧龙新能源集团股份有限公司拟转让卧龙矿业（上海）有限公司股权项目 • 资产 评估报告 目 录 中联资产评估集团有限公司 卧龙新能源集团股份有限公司拟转让卧龙矿业（上海）有限公司股权项目 • 资产评估报告 声 明 一、本资产评估报告依据财政部发布的资产评估基本准则和中国 资产评估协会发布的资产评估执业准则和职业道德准则编制。 二、委托人或者其他资产评估报告使用人应当按照法律、行政法规 规定和本资产评估报告载明的使用范围使用资产评估报告；委托人或 者其他资产评估报告使用人违反前述规定使用资产评估报告的，本资 产评估机构及其资产评估专业人员不承担责任。 本资产评估报告仅供委托人、资产评估委托合同中约定其他资产 评估报告使用人和法律、行政法规规定的资产评估报告使用人使用；除 此之外，其他任何机构和个人不能成为资产评估报告的使用人。 本资产评估机构及资产评估师提示资产评估报告使用人应当正确 理解和使用评估结论 ...

Group 1 - The core point of the article is that Cangge Mining received a cash dividend of 1.539 billion yuan from its associate company, Julong Copper, which is expected to positively impact the company's future operating performance [2][3] - Cangge Mining holds a 30.78% stake in Julong Copper, which has significant mineral resources including 25.61 million tons of copper and is undergoing expansion to increase copper production capacity [3] - The dividend is a result of Julong Copper's strong financial performance and will enhance Cangge Mining's cash flow and financial stability, supporting future development [3] Group 2 - On January 16, Cangge Mining announced a control transfer agreement with Zijin International Holdings, resulting in Zijin acquiring 24.98% of Cangge Mining's shares for a total of 13.729 billion yuan [4] - Following the completion of the acquisition on May 6, Zijin Mining now controls 26.18% of Cangge Mining, changing the controlling shareholder from Cangge Chuangtou to Zijin International Holdings [4] - Zijin Mining plans to enhance collaboration with Cangge Mining in resource, industry, and technology areas, aiming to unlock the economic potential of Cangge Mining's potassium and lithium resources [5]

证券代码：000426 证券简称：兴业银锡 内蒙古兴业银锡矿业股份有限公司 投资者关系活动记录表 编号：2025-02 | 投资者关系活动 | □特定对象调研□分析师会议 | | --- | --- | | 类别 | □媒体采访√业绩说明会 | | | □新闻发布会□路演活动 | | | □现场参观 | | | □其他（请文字说明其他活动内容） | | 参与单位名称及 | 线上参与公司 2024 年度业绩说明会的全体投资者 | | 人员姓名 | | | 时间 | 年 月 日 (周四) 下午 2025 5 22 15:00~16:30 | | 地点 | 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net） | | | 采用网络远程的方式召开业绩说明会 | | 上市公司接待人 | 1、董事长吉兴业 | | 员姓名 | 2、董事、总裁张树成 | | | 3、董事、常务副总裁兼财务总监董永 | | | 4、董事、副总裁兼董事会秘书孙凯 | | | 5、独立董事周显军 | | | 6、证券事务代表尚佳楠 | | | 投资者提出的问题及公司回复情况 公司就投资者在本次说明会中提出的问题进行了回复： ...

Group 1 - The company Cangge Mining (000408.SZ) announced that it received a cash dividend of 1.539 billion yuan from its associate company Julong Copper [1] - The dividend is derived from Julong Copper's operational performance and stable financial condition, which is expected to have a positive impact on the company's future operating performance [1]

Investment Rating - The report assigns an "Accumulate" rating for the company, indicating a clear growth trajectory in the short, medium, and long term, with potential for both volume and price increases in gold and silver [5][9]. Core Views - The dual catalysts of "interest rate cuts" and "Trump 2.0" are expected to sustain upward momentum in gold and silver prices. In the medium term, "Trump 2.0" may become the primary driver in the gold market during a 90-day tariff pause, with expectations of tariff increases, extended tax cuts, and "stagflation" providing strong support for rising gold prices. In the long term, these dual catalysts will continue to drive prices through 2025, supported by central bank reserves amid a backdrop of protectionism and great power competition [5][57][65]. - The company is a domestic leader in silver mining, having acquired several gold mining assets, which positions it well for future growth. As of the end of 2024, the company has identified approximately 12,000 tons of silver and 34 tons of gold, with an annual mining capacity nearing 2 million tons [6][15]. Summary by Sections Market Performance - The company's closing price is 13.45 yuan, with a total market capitalization of approximately 9.28 billion yuan and a circulating market value of about 8.97 billion yuan. The debt-to-asset ratio stands at 45.60%, and the net asset value per share is 4.40 yuan [3]. Financial Projections - The company is projected to achieve revenues of 2.498 billion yuan in 2025, with a year-on-year growth rate of 24.10%. The net profit attributable to shareholders is expected to be 576 million yuan, reflecting a 47.74% increase. Earnings per share (EPS) are forecasted at 0.84 yuan [7][9]. Growth Drivers - The company has a clear growth path for production from its upcoming mines, with several projects expected to come online between 2025 and 2027. Key projects include the Honglin Mining and Yindu Mining, which are anticipated to start production in 2025 and 2026, respectively [6][36][40]. - The company is actively pursuing resource acquisitions to enhance its growth potential, with plans to complete at least one acquisition project by 2025 [11][41]. Profitability and Performance Recovery - The company experienced a significant recovery in 2024, with a net profit of 390 million yuan, a 163.56% increase year-on-year, driven by the completion of technical upgrades at its subsidiaries and rising base metal prices. The first quarter of 2025 showed a revenue increase of 33.92% year-on-year [43][44]. Resource and Production Capacity - The company has a robust resource base with high-grade deposits, particularly in the Daxinganling region, which supports its strong profitability. The ongoing construction of new mines is expected to further enhance production capacity [27][30][33].

Economic Overview - Liaoning Province's economy showed overall stability from January to April, with industrial added value increasing by 3.0% year-on-year [1] - High-tech manufacturing added value grew significantly by 10.9% during the same period [1] Industrial Performance - The mining industry saw a substantial increase in added value by 16.0%, while manufacturing only grew by 0.5% [1] - The electricity, heat, gas, and water production and supply industry increased by 5.1% [1] - Among 40 major industrial categories, 30 experienced year-on-year growth, resulting in a growth rate of 75.0% [1] Investment Trends - Fixed asset investment in Liaoning Province continued to expand, with a year-on-year increase of 5.2% [2] - Infrastructure investment rose by 11.9%, and manufacturing investment increased by 10.8% [2] - Real estate development investment, however, saw a significant decline of 25.1% [2] Consumer Market - Retail sales of consumer goods reached 331.38 billion yuan, marking a year-on-year growth of 6.8% [3] - Sales of basic living goods, such as grain and oil, increased by 20.2%, while smart phones surged by 66.4% [3] Export and Import Dynamics - Total import and export value for the province was 240.93 billion yuan, a decrease of 3.2% year-on-year [3] - Exports amounted to 125.13 billion yuan, reflecting a growth of 7.7%, while imports fell by 12.8% to 115.8 billion yuan [3] Price Trends - Consumer prices in Liaoning Province experienced a slight decline, with the Consumer Price Index (CPI) down by 0.2% [4] - The Producer Price Index (PPI) also saw a decrease of 3.9% year-on-year [4]

● 投资者可于2025年05月22日（星期四）至05月26日（星期一）16:00前登陆上证路演中心网站首页点 击"提问预征集"栏目或通过公司邮箱（gsys@gsysgf.com）进行提问。公司将在说明会上对投资者普遍 关注的问题进行回答。 广晟有色金属股份有限公司（以下简称"公司"）已于2025年3月29日及4月30日分别在上海证券交易所网 站（http://www.sse.com.cn/）及指定媒体披露了公司2024年度报告及2025年一季度报告，为便于广大投 资者更全面深入地了解公司2024年度及2025年第一季度经营成果、财务状况等情况，公司计划于2025年 05月27日（星期二）14:00-16:00举行2024年度暨2025年第一季度业绩说明会，就投资者关心的问题进行 交流。 登录新浪财经APP 搜索【信披】查看更多考评等级 本公司董事会及全体董事保证公告内容的真实、准确和完整，对公告的虚假记载、误导性陈述或者重大 遗漏负连带责任。 重要内容提示： ● 会议召开时间：2025年05月27日（星期二）14:00-16:00 ● 会议召开地点：上海证券交易所上证路演中心（网址：http://roadsh ...

公司已向本所保证，公司已向本所披露一切足以影响本法律意见书出具的事 实并提供了本所为出具本法律意见书所要求公司提供的原始书面材料、副本材 料、复印材料、承诺函或证明，并无隐瞒记载、虚假陈述和重大遗漏之处；公司 提供给本所的文件和材料是真实、准确、完整和有效的，且文件材料为副本或复 印件的，其与原件一致和相符。 事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限于： 《证券日报》、巨潮资讯网及深圳证券交易所网站的《内蒙古兴业银锡矿业股份 有限公司第十届董事会第十七次会议决议公告》； 《证券日报》、巨潮资讯网及深圳证券交易所网站的《内蒙古兴业银锡矿业股份 有限公司第十届监事会第十五次会议决议公告》; 《证券日报》、巨潮资讯网及深圳证券交易所网站的《内蒙古兴业银锡矿业股份 有限公司关于召开 2025 年第二次临时股东大会的通知》（以下简称《股东大会 通知》）； 北京市金杜律师事务所 关于内蒙古兴业银锡矿业股份有限公司 法律意见书 致：内蒙古兴业银锡矿业股份有限公司 北京市金杜律师事务所（以下简称本所）接受内蒙古兴业银锡矿业股份有限 公司（以下简称公司）委托，根据《中华人民共和国 ...

智通财经5月20日电，威领股份(002667.SZ)公告称，其控股孙公司天津长领矿业合伙企业以2.2亿元成功 竞得湖南临武嘉宇矿业有限责任公司74.3%股权。其中，黄华茂持有的41.34%股权以1.224亿元拍得，深 圳市华蓉资产管理有限公司持有的32.96%股权以9760万元拍得。公司拟通过收购嘉宇矿业股权，积极 拓展有色金属矿产资源领域，主矿种锡、钨等金属主要应用于军工、航空航天、半导体、新能源材料等 领域。 威领股份：以2.2亿元竞得嘉宇矿业74.3%股权 ...

华锡有色（600301）公告，公司以人民币3146万元报价竞得南丹县自然资源局挂牌出让编号为GY2024- 43地块的国有建设用地使用权，并已与南丹县自然资源局签署《国有建设用地使用权出让合同》。该地 块位于南丹县车河镇坡前村，土地面积为17.28万平方米，出让年限50年，土地用途为三类工业用地。 地价款支付要求为合同签订之日起30日内一次性付清。此次竞得地块使用权符合公司未来发展战略，有 利于完善公司产业布局，提升综合竞争能力。 ...