中信金属股份有限公司 2025 年第三季度报告 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 海外監管公告 此乃中信金屬股份有限公司在二零二五年十月二十七日登載於中華 人民共和國上海證券交易所網站（www.sse.com.cn）關於 2025 年第 三季度報告。中信金屬股份有限公司為中國中信股份有限公司的附屬 公司。 证券代码：601061 证券简称：中信金属 中信金属股份有限公司 2025 年第三季度报告 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： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是√否 一、主要财务数据 ...

每经头条（nbdtoutiao）——拉1人入伙返1500元，投10万元成亿万富翁？这家公司大肆宣传将房产海外 代币化，有交了钱的人称是"牙签撬动地球" （记者 王晓波） 每经AI快讯，中信金属（SH 601061，收盘价：11.76元）10月27日晚间发布三季度业绩公告称，2025年 前三季度营收约1034.64亿元，同比增加8.84%；归属于上市公司股东的净利润约23.26亿元，同比增加 35.47%；基本每股收益0.47元，同比增加34.29%。 截至发稿，中信金属市值为576亿元。 ...

Group 1 - The core viewpoint of the article highlights the significant growth in revenue and net profit for CITIC Metal in the third quarter and the first three quarters of the year [1] Group 2 - In the third quarter, CITIC Metal reported a revenue of 39.807 billion yuan, representing a year-on-year increase of 29.21% [1] - The net profit for the third quarter was 877 million yuan, showing a year-on-year growth of 43.74% [1] - For the first three quarters, the total revenue reached 103.464 billion yuan, with a year-on-year increase of 8.84% [1] - The net profit for the first three quarters amounted to 2.326 billion yuan, reflecting a year-on-year growth of 35.47% [1]

Group 1 - The stock price of CITIC Metal (SH:601061) reached the daily limit, closing at 11.24 yuan, with an increase of 9.98% [1] - The total market capitalization of CITIC Metal is 55.076 billion yuan [1]

Group 1 - The core viewpoint of the news is that CITIC Metal has seen a significant increase in its stock price, rising by 5.09% to reach 10.74 CNY per share, with a trading volume of 176 million CNY and a turnover rate of 3.35%, resulting in a total market capitalization of 52.626 billion CNY [1] - CITIC Metal Co., Ltd. is located in Beijing and was established on January 23, 1988, with its listing date on April 10, 2023. The company primarily engages in the trade of metals and mineral products [1] - The revenue composition of CITIC Metal includes 80.20% from non-ferrous metal products, 19.46% from ferrous metal products, 0.17% from other trades, and 0.16% from supplementary sources [1] Group 2 - From the perspective of major circulating shareholders, a fund under Southern Fund ranks among the top shareholders of CITIC Metal. The Southern CSI 500 ETF (510500) increased its holdings by 1.2959 million shares in the second quarter, bringing its total to 8.1335 million shares, which accounts for 1.62% of the circulating shares [2] - The Southern CSI 500 ETF (510500) was established on February 6, 2013, with a latest scale of 113.438 billion CNY. It has achieved a year-to-date return of 25.22%, ranking 1830 out of 4218 in its category, and a one-year return of 27.01%, ranking 1640 out of 3868 [2] - The fund manager of the Southern CSI 500 ETF is Luo Wenjie, who has a cumulative tenure of 12 years and 186 days, with the fund's total asset scale at 138.999 billion CNY. The best return during his tenure is 145.85%, while the worst return is -47.6% [2]

Core Insights - Global metal traders are experiencing a record year of profits due to supply disruptions pushing metal prices near historical highs [1] - Major players like Glencore and Trafigura are expected to achieve their best trading performance, while IXM's CEO indicates the company will set a record for the third consecutive year [1][5] - The industry is witnessing a significant shift as energy traders enter the metal market, betting on increasing government focus on this strategic sector [1] Group 1: Profit Growth Drivers - Profit growth for large traders is primarily driven by a series of supply tightness and disruptions [3] - The exemption of import tariffs on refined copper by the U.S. created substantial arbitrage opportunities, allowing traders to profit from transporting spot metals to the U.S. [3] - Prices for copper, lead, and zinc have surged due to smelting capacity expansion and limited new supply, benefiting traders with long-term contracts [4] Group 2: Market Dynamics - The surge in gold and silver prices has also provided lucrative profit opportunities for traders, leading many firms to establish dedicated precious metals teams [5] - Glencore's metal trading business achieved a record adjusted EBITDA of $1.57 billion in the first half of 2025, with similar growth expected in the second half [5] - The industry boom has triggered a talent war in metal trading, with companies like Mercuria rapidly expanding their teams [8] Group 3: Competitive Landscape - New entrants like Vitol and Gunvor are adopting more cautious expansion strategies, resulting in modest profits from metal trading [2][8] - Gunvor's CEO noted that building a metal trading portfolio from scratch takes time and that the market is highly competitive [8] - Smaller trading firms are receiving acquisition offers, indicating a strong interest in the booming market, although some are not in a hurry to sell [8]

Core Viewpoint - The establishment of Henan Qiming Zhican Trading Co., Ltd. indicates a growing interest in the trading and processing of non-ferrous metals and related materials in the region [1] Company Summary - Henan Qiming Zhican Trading Co., Ltd. was recently founded with a registered capital of 9 million RMB [1] - The legal representative of the company is Zhang Mingwei [1] Business Scope - The company’s business activities include the sale of non-ferrous metal alloys, high-performance non-ferrous metals and alloy materials, and new metal functional materials [1] - It also engages in the sale of metal ores and various metal materials, as well as the processing of non-metallic and metallic waste and scrap [1] - Additional services include trade agency, domestic trade agency, and ordinary goods warehousing services [1] - The company is authorized to conduct road cargo transportation for ordinary goods with a total mass of 4.5 tons or less, excluding hazardous materials [1] - Certain activities require approval from relevant authorities before commencement [1]

Group 1 - A new company named Xinyu Steel Ray Armor Trade Co., Ltd. has been established with a registered capital of 1 million RMB [1] - The legal representative of the company is Wei Luxiao [1] - The business scope includes sales of metal materials, recycling of renewable resources, internet sales, domestic trade agency, and various leasing services [1] Group 2 - The company is involved in the processing and recycling of renewable resources, excluding production waste metals [1] - It also provides ordinary goods warehousing services and domestic cargo transportation agency [1] - The company is permitted to operate park management services, subject to legal approval [1]

Core Points - The company has completed the implementation of the fundraising project for "supplementing working capital" and has a surplus of 26.8361 million yuan, which will be permanently used to supplement working capital [2][6] - The surplus funds will be used without the need for board approval or sponsor consent, and the usage will be disclosed in the annual report [2][3] - The company raised a total of 3.2975923 billion yuan from its initial public offering, with a net amount of 3.1941774 billion yuan after deducting issuance costs [3][4] Fundraising Basic Information - The China Securities Regulatory Commission approved the company's initial public offering on March 16, 2023, allowing the issuance of 501,153,847 shares at a price of 6.58 yuan per share [3] - The total amount raised was 3.2975923 billion yuan, with actual net proceeds of 3.1941774 billion yuan after deducting issuance expenses of 103.4149 million yuan [3] Fundraising Management - The company established a special account for fundraising to ensure proper management and usage, in compliance with relevant laws and regulations [4][5] - A four-party supervision agreement was signed with the bank and sponsor to oversee the usage of the funds [4] Cancellation of Fundraising Account - The fundraising account will be canceled after the surplus funds are fully utilized, for easier account management [6]

Core Viewpoint - A new company, Yongxing Mingding Precious Metals Trading Co., Ltd., has been established with a registered capital of 5 million RMB, focusing on various metal-related sales and processing activities [1] Company Summary - The legal representative of the newly established company is Guo Yonghu [1] - The registered capital of the company is 5 million RMB [1] - The business scope includes sales of metal ores, non-ferrous metal alloys, metal products, non-metallic minerals and products, and precious metal products [1] - The company is also involved in the processing of recycled resources and the research and development of new metal functional materials [1]