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：2025-01 | | □特定对象调研□分析师会议 | | --- | --- | | 投资者关系活动 | □媒体采访□业绩说明会 | | 类别 | □新闻发布会□路演活动 | | | □现场参观 | | | ☑其他（2024 年度暨 2025 一季度业绩交流会） | | | 1、柏胜资本（李学） | | | 2、北京市星石投资管理（邱英伦） | | | 3、北京鑫顺和康投资管理（石苑强） | | | 4、北京展宏资管（田海鹏） | | | 5、北京中泽控股（刘军洁） | | | 6、财通证券资产（毛鼎） | | | 7、创金合信基金（黄超） | | | 8、大成基金（张家旺） | | | 9、大家资管（冯思宇） | | | 10、东北证券（冯先涛、李一涛） | | | 11、敦和资产（陈文敏） | | | 12、方正富邦基金（刘蒙） | | | 13、方正证券（甘嘉尧、熊宇航） | | | 14、佛山弘信私募基金（廖朝磊） | | 参与单位名称及 | 15、富安达基金（余思贤） | | 人员姓名 | 16 ...

Group 1 - Zijin Mining has completed the acquisition of control over Zangge Mining, holding 411 million shares, which is 26.18% of its total share capital [3] - Huayi Group plans to acquire 60% equity of San Aifu for approximately 4.09 billion yuan, aiming to enhance business expansion and competitiveness [6] - Silex reported April sales of 31,488 new energy vehicles, a year-on-year increase of 12.99%, while cumulative sales for the year reached 86,040 units, down 29.87% [4] Group 2 - Huamao Technology's controlling shareholder intends to increase its stake in the company by 100 million to 200 million yuan within six months [2] - Haixing Power's controlling shareholder has signed an agreement to transfer 5% of the company's shares, amounting to 57.9 million yuan, to a related party [5] - Huaneng Technology's controlling shareholder is planning a change in control, which may lead to a transfer of 15% of the company's shares [12] Group 3 - Huzhou Intelligent successfully bid for 75% equity of Shanghai Aerospace Yigeng Intelligent Technology Co., Ltd. for 101 million yuan, focusing on high-end five-axis linkage machine tools [13] - Changchuan Technology plans to establish a joint venture for high-end packaging and testing equipment localization with a registered capital of 100 million yuan [8] - Aoheng Electric received a project confirmation from a leading new energy vehicle brand, with an estimated total revenue of approximately 619 million yuan over the project lifecycle [9] Group 4 - Huazhi Media's film "Dumpling Queen" has grossed approximately 218 million yuan in ticket sales within six days of release, exceeding 50% of the company's last audited annual revenue [10] - Yinlun Co. plans to repurchase shares worth 50 million to 100 million yuan, with a maximum price of 36 yuan per share [11]

兴业银锡 20250505 摘要 • 兴业银锡拟收购大西洋锡业 75%权益，后者核心资产为摩洛哥阿什马什林 锡矿，锡金属量达 25.33 万吨，此举旨在增强公司锡金属储备，推进国际 化布局，为长期发展提供支撑。该项目预计 2027 年四季度投产，2028 年达产，每年处理稀有金属约 6,000 吨。 • 大西洋气创项目勘探成果显著，阿什马什项目控制资源量为 21 万吨，平 均品位 0.55%。该项目拥有接近 8 公里长的成矿带，深部仍具找寻空间， 且发现高品位锡样品及含锡花岗岩，表明其具有良好的储量控制及找寻前 景。 • 公司计划发行 3 亿美元境外债券，用于支持大西洋锡业项目建设及其他境 外拓展项目。尽管当前海外利率较高，但此举符合公司国际化扩张战略， 并能优化资本结构，提高资金使用效率。预计大西洋锡业项目资本开支为 7,000-8,000 万美元。 • 公司预计 2025 年生产锡 1,355 吨，银 304 吨，稀有金属 9,400 吨。锡 和银的增长较为显著。2024 年，稀金属实现营业收入 14 亿，占比 3.14%；银金属实现销售收入 11.6 亿，占比 27.29%；稀有金属 9.8 亿， 占比 ...

Investment Rating - The report maintains a "Buy" rating for several companies in the non-ferrous metals sector, including Zijin Mining, Luoyang Molybdenum, and Huayou Cobalt [4][5]. Core Insights - Industrial metals are experiencing a rebound in prices due to ongoing inventory depletion, with LME aluminum, copper, zinc, lead, nickel, and tin prices showing increases of +1.11%, +0.83%, +0.57%, +1.28%, +0.35%, and +1.79% respectively [1][2]. - The report highlights the impact of macroeconomic factors, including concerns over economic slowdown and uncertainties surrounding U.S. tariffs, which have led to increased market volatility [2]. - Key recommendations include companies such as Luoyang Molybdenum, Zijin Mining, and Huayou Cobalt, among others, indicating strong potential for investment [2][3]. Summary by Sections Industrial Metals - The report notes a significant decrease in inventory levels for copper, with SMM social inventory dropping below 130,000 tons, indicating a tight supply situation [2][38]. - Aluminum production is recovering due to domestic restarts and new projects, with a notable inventory reduction of 71,000 tons driven by pre-holiday stocking [2][21]. - The report emphasizes the ongoing tightness in the cobalt market due to export bans from the Democratic Republic of Congo, which is expected to lead to price increases [3][54]. Precious Metals - Gold prices have recently declined due to reduced demand for safe-haven assets amid optimistic trade negotiations between the U.S. and China, while silver prices have shown resilience due to its industrial applications [3][66]. - The report anticipates a long-term upward trend in gold prices driven by de-dollarization and ongoing geopolitical tensions, despite short-term fluctuations [3][66]. Key Company Performance - The report provides earnings forecasts and valuations for key companies, with Zijin Mining projected to have an EPS of 1.21 yuan in 2024, and a PE ratio of 14 times [4]. - Other companies such as Huayou Cobalt and Luoyang Molybdenum are also highlighted for their strong earnings potential and favorable market conditions [4][5].

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：601020 证券简称：华钰矿业 公告编号：临2025-028号 西藏华钰矿业股份有限公司 关于召开2024年度暨2025年第一季度业绩暨现金分红说明会的公告 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法律责任。 重要内容提示： 会议召开时间：2025年05月12日（星期一）10:00-11:00 会议召开网址：价值在线（www.ir-online.cn） 会议召开方式：网络文字互动 三、参加人员 公司总经理陈旭先生、独立董事何佳先生、董事会秘书李想先生、财务总监邢建军先生等（如有特殊情 况，参加人员可能调整）。 ● 会议问题征集：投资者可于2025年05月12日前访问网址https://eseb.cn/1nRIvRxHnby或使用微信扫描下 方小程序码进行会前提问，公司将通过本次业绩说明会，在信息披露允许范围内就投资者普遍关注的问 题进行回答。 ■ 西藏华钰矿业股份有限公司（以下简称"公司"或"华钰矿业"）已于2025年4月28日召开第五届董事会第 二次会议审议通过了《公 ...

面对复杂的外部环境，公司充分发挥"NFC"品牌和大业主资源优势，在哈萨克斯坦、印度尼西亚等优势 市场，继续围绕大业主，积极创新商业合作模式，成功签署了越南多农电解铝项目、哈萨克斯坦30万 吨/年铜冶炼厂、印尼阿曼铜选厂扩建等重大工程承包项目，有力支撑了公司未来的经营发展。公司成 立工程技术中心，加强工程业务技术能力建设，构建技术管控体系，推动设计与实际情况相结合，不断 提升工程项目信息化管理和数字化水平，持续增强工程业务核心竞争力，推动公司专业技术工作聚焦业 务发展的主航道。 长期以来，中色股份以资源报国为使命，积极践行共建"一带一路"倡议，强化国际化经营水平，牢固树 立回报股东意识，聚焦两核提升，逐步夯实综合实力。 4月28日晚，中色股份（000758）(000758.SZ)发布了2025年一季度报告。数据显示，公司一季度实现营 收24.57亿元，同比增长3.65%。在有色金属价格波动加剧和经济环境复杂多变的背景下，营收增长体现 了其"资源+工程"双主业布局的抗风险能力。 展望后续发展，中色股份将全力推动资源开发业务增储上产，进一步发展国际工程业务市场，同时依托 双主业培育高端装备业务，努力穿越周期和克服不 ...

公告称，公司通过本次交易整合境外锡矿资源，加大锡矿国际化布局，为公司发展储备战略资源，有利 于丰富公司业务布局。 根据《要约实施协议》，若要约成功且兴业黄金(香港)购得目标公司全部已发行股份，以每股0.24澳元 计，兴业黄金(香港)在《要约实施协议》项下拟收购的目标公司全部已发行股份的股权总价值约为0.96 亿澳元(以《要约实施协议》签署日目标公司全部已发行股份计算);若所有目标公司期权均转换为普通股 份且接受要约，兴业黄金(香港)实际收购目标公司股权的总对价约为0.98亿澳元。本次收购将全部以现 金作为对价形式、澳元作为支付货币，在要约收购完成时进行支付。本次收购具体能获得的目标公司股 份数和股权比例取决于要约期结束时目标公司股东对要约的接受情况。若目标公司所有股东均接受要约 且要约成功，本次交易总投资额约0.98亿澳元。 据公告所示，目标公司的主要业务活动是开发位于摩洛哥的Achmmach锡矿项目。Achmmach锡矿项目 位于摩洛哥中北部Meknès市西南约40公里处。根据《矿产资源储量规模划分标准》(DZ/T0400-2022)， 锡矿大型矿山的划分标准为金属储量≥4万吨。Achmmach锡矿目前已相 ...

兴业银锡（000426）公告，公司拟指定全资子公司兴业黄金(香港)矿业有限公司以每股0.24澳元的价 格，通过场外要约收购方式向持有Atlantic Tin Ltd全部已发行股份的股东发出场外附条件要约收购。若 要约成功且兴业黄金(香港)购得目标公司全部已发行股份，以每股0.24澳元计，兴业黄金(香港)在《要 约实施协议》项下拟收购的目标公司全部已发行股份的股权总价值约为0.96亿澳元。若所有目标公司期 权均转换为普通股份且接受要约，兴业黄金(香港)实际收购目标公司股权的总对价约为0.98亿澳元。本 次收购将全部以现金作为对价形式、澳元作为支付货币，在要约收购完成时进行支付。 ...

受益于黄金等金属价格走高，有色金属行业多家上市公司近年来业绩保持高速增长态势。 全球矿业巨头紫金矿业的业绩显示，2024年公司实现营业收入约为3036.4亿元，同比增长3.49%；归属母公司股东的净利润约为320.51亿元， 同比增长51.76%。一季度紫金矿业的营业收入为789.28亿元，同比增长5.55%；归属母公司股东的净利润为101.67亿元，同比增长62.39%。 对于业绩增长的原因，紫金矿业表示，2024年度，公司主营金属矿产品量价齐升，成本上升势头得到有效遏制，境外权属企业运营能力提 升，盈利能力增强。2024年度，公司矿产铜107万吨，矿产金73吨，矿产锌（铅）45万吨；矿产银436吨。 在铝价走高的情况下，中国铝业2024年实现营业收入2370.66亿元，同比增长5.21%；归属母公司股东的净利润124亿元，同比增长85.38%。今 年一季度，中国铝业实现营业收入557.84亿元，同比增长13.95%；归属母公司股东的净利润为35.38亿元，同比增长58.78%。 中国铝业表示，2024年，公司秉持极致经营理念，把握市场良好机遇，发挥全产业链优势，紧盯运营效率提升及成本精细化管控，实现高产 ...

Core Viewpoint - Luoyang Molybdenum's Q1 performance shows a decline in revenue but a significant increase in net profit, driven by rising copper and cobalt prices and improved cost management [4][5]. Financial Performance - The company reported a revenue of 46.006 billion yuan, a slight decrease of 0.25% year-on-year [4]. - Net profit attributable to shareholders reached 3.946 billion yuan, a substantial increase of 90.47% year-on-year [4]. - Basic earnings per share increased by 80% to 0.18 yuan [4]. Product Performance - In the mining and processing segment, copper production reached 170,600 tons, up 15.65% year-on-year, marking a historical high for the period [5]. - Cobalt production was 30,400 tons, with a completion rate of 27.65% [5]. - Molybdenum and tungsten production were 3,341 tons and 1,993 tons, respectively, with tungsten production increasing by 3.73% year-on-year [5]. Sales and Pricing - Revenue from copper and cobalt segments increased by 43.91% and 83.90%, respectively, despite no significant growth in sales volume [6]. - The gross margin for copper and cobalt reached 55.21% and 61.42%, significantly higher than the previous year's figures [6][7]. Market Dynamics - Copper prices approached 10,000 USD per ton in March, while cobalt prices rose by approximately 50% from January to March [8]. - The cobalt market is expected to face downward pressure in 2024, with a projected average price drop of 26.18% compared to 2023 [8]. Trade Segment - The mineral trading segment showed a mixed performance, with primary metal product sales increasing by 3.16% and revenue soaring by 98.59% [9]. - Refined metal product sales dropped by 68.44%, leading to a revenue decline of 32.27% [9]. Management Changes - Significant management changes were announced, including the resignation of the chairman and vice chairman, with new appointments aimed at enhancing operational efficiency [4][11]. - The new COO, Que Chaoyang, previously held a senior position at Zijin Mining, indicating a strategic shift in leadership [12][14]. Strategic Intent - The management changes reflect a strategic intent to optimize operations and enhance competitiveness in the mining sector [14]. - The company aims to improve its operational efficiency and product structure, focusing on high-margin primary products [10][14].