供应层面看，4月产量季节性回升，5月下旬起钢厂部分被动减产。需求层面，刚需为主。成本方面，镍铁、铬铁价格维 持。库存方面，锡佛两地小幅累库，交易所仓单部分到期去化。基本面整体维持偏弱，需求转淡后现货压力增大，短期 有色早报 研究中心有色团队 2025/06/17 铜 ： 日期 沪铜现货 升贴水 废精铜 价差 上期所 库存 沪铜 仓单 现货进口 盈利 三月进口 盈利 保税库 premium 提单 premium 伦铜 C-3M LME 库存 LME 注销仓单 2025/06/10 90 1043 107404 33746 -1195.14 161.13 43.0 66.0 84.10 120400 71725 2025/06/11 90 1103 107404 33373 -874.85 136.66 38.0 60.0 55.49 119450 70700 2025/06/12 95 990 107404 32785 -642.66 374.84 38.0 60.0 85.51 116850 68125 2025/06/13 50 660 - 36269 -901.68 236.81 38.0 60.0 73 ...

有色商品日报 有色商品日报（2025 年 6 月 17 日） 一、研究观点 | 品 种 | | 点评 | | --- | --- | --- | | | 隔夜 LME 铜震荡偏强，上涨 0.49%至 9695 美元/吨；SHFE 铜主力上涨 0.45%至 78450 | | | | 元/吨；国内现货进口维系亏损。宏观方面，欧日纷纷表态，与美贸易谈判暂无取得 | | | | 较大进展。但相比贸易谈判，市场更加关注伊以冲突的进展，有报道称伊朗希望与美 | | | | 国和以色列对话，寻求结束敌对状态，只要美方不参与袭击，愿重返核问题谈判桌。 | | | | 对于铜的影响则在于市场风险偏好的变化。国内方面，5 月经济数据整体呈现"冷热 | | | | 不均"的格局。工业增加值表现尚可，社零增速明显提高，消费品以旧换新政策持续 | | | 铜 | 显效；房地产同比跌幅扩大，基建、制造业同比增速略有下降。库存方面，LME 库存 | | | | 下降 7150 吨至 107325 吨；Comex 库存增加 1193 吨至 17.9 万吨；SMM 周一统计全国 | | | | 精炼铜社会库存较上周四增加 0.29 万吨至 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：000630 证券简称：铜陵有色 公告编号：2025－046 债券代码：124024 债券简称：铜陵定02 铜陵有色金属集团股份有限公司 2024年年度权益分派实施公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 特别提示： （一）截至本公告刊登之日，铜陵有色金属集团股份有限公司（以下简称"公司"）回购专用证券账户持 股数量为29,505,500股，根据《中华人民共和国公司法》《深圳证券交易所上市公司自律监管指引第9号 一一回购股份》等相关规定，该部分股票不参与此次利润分配。公司根据"按照每股分配金额不变的原 则对分配总额进行调整"，以公司现有总股本12,794,132,824.00剔除已回购股份29,505,500.00股后的 12,764,627,324.00股为基数，向全体股东每10股派1.000000元人民币（含税），不送红股，不以公积金 转增股本。 （二）因公司回购专户的股份不参与2024年年度权益分派，本次实际现金分红的总金额=实际参与分配 的总股本*分配比例，即12,764,627, ...

有色早报 研究中心有色团队 2025/06/16 铜 ： 日期 沪铜现货 升贴水 废精铜 价差 上期所 库存 沪铜 仓单 现货进口 盈利 三月进口 盈利 保税库 premium 提单 premium 伦铜 C-3M LME 库存 LME 注销仓单 2025/06/09 70 944 107404 34242 -1215.58 217.42 43.0 66.0 95.78 122400 67800 2025/06/10 90 1043 107404 33746 -1195.14 161.13 43.0 66.0 84.10 120400 71725 2025/06/11 90 1103 107404 33373 -874.85 136.66 38.0 60.0 55.49 119450 70700 2025/06/12 95 990 107404 32785 -642.66 374.84 38.0 60.0 85.51 116850 68125 2025/06/13 50 660 - 36269 -901.68 236.81 38.0 60.0 73.41 114475 63625 变化 -45 -330 - ...

Group 1 - The core viewpoint emphasizes the importance of investor relations management as a bridge between listed companies and investors, enhancing corporate governance, market transparency, and protecting investor rights, which is crucial for high-quality development [1] - On June 13, China Nonferrous Metal Industry's Foreign Engineering and Construction Co., Ltd. (中色股份) was awarded the "Excellent Investor Relations Management Team Award" at the 16th China Listed Companies Investor Relations Management Forum, recognizing its efforts in this area over the past year [1][5] - The company has established a systematic investor relations framework, deepened value transmission, and optimized market capitalization management, significantly improving governance effectiveness and market transparency [1][5] Group 2 - In 2024, the company aims to improve the quality of listed companies as its core goal, implementing investor relations work as a key focus area through institutional foundation, decision-making efficiency, team support, and enhanced communication [2] - The company has revised its "Investor Relations Management System" and "Investor Relations Activity Workflow," establishing a comprehensive management system that ensures standardized operations [2] - The company has strengthened its team capabilities, improved information disclosure quality, and effectively communicated its strategic planning and business philosophy to enhance investor confidence [2] Group 3 - The company emphasizes transparent communication and precise interaction to stabilize market expectations, utilizing strategic seminars and regular reports to reinforce strategic transmission [3] - It has achieved breakthroughs in broker research reports and improved response times on the interactive platform, addressing 111 inquiries and establishing a multi-channel communication network [3] - The company has released its first bilingual ESG report, showcasing achievements in green mining, which has increased recognition among domestic and international investors [3] Group 4 - The company is implementing multiple measures for market capitalization management, including a stock incentive plan for 216 core employees, leading to significant increases in net profit growth rate and return on equity [4] - China Nonferrous Group has increased its holdings in the company by 39.86 million shares, amounting to approximately RMB 198 million, reflecting confidence in the company's future development [4] - The company announced a cash dividend of RMB 0.46 per 10 shares, totaling RMB 91.67 million, and disclosed action plans for quality and value enhancement, demonstrating its commitment to returning value to investors [4] Group 5 - The award received highlights the effectiveness and innovation of the company's investor relations work, with the "Tianma Award" being a recognized industry accolade that emphasizes investor protection and two-way interaction [5] - The company plans to continue focusing on systematic thinking, quality improvement, and sustained efforts in governance, value transmission, and investor communication to create greater value for shareholders [5]

锌产业链周度报告 国泰君安期货研究所 有色及贵金属 莫骁雄 投资咨询从业资格号：Z0019413 日期：2025年6月15日 Guotai Junan Futures all rights reserved, please do not reprint Special report on Guotai Junan Futures 锌：过剩或逐步显性化，价格承压 强弱分析：偏弱 冶炼利润较为充裕 ◆ 供应端如期放量。随着锌精矿的放量兑现，炼厂及港口锌精矿库存处在相对充裕的位 置，且目前炼厂加白银及硫酸的利润约700元/吨。国内炼厂集中检修后带来增量，叠 加炼厂搬迁、新建项目投产，供应压力增加，过剩逻辑或将显性化，体现在社会库存 累积之上。 ◆ 消费端迈入传统淡季，下游补库空间整体承压。终端内需消费迈入淡季，下游开工率 存在下调趋势。同时，在此前价格大幅下跌时部分下游企业原料库存已经补库值相对 高位，限制补库空间。周内价格小幅下调，仅刺激部分下游逢低采购，对需求的拉动 程度亦相对有限。 ◆ 锌矿供应增量传导至冶炼端供应压力增加的逻辑依然适用，炼厂增量，而需求端步入 淡季，价格偏弱运行，中期空头持有。不过，今年年内 ...

is Dentons' Preferred Law Firm in China ( ) www.dentons.cn · - 5 Xishan District, Kunming City Tel: 86 871-64326335 根据《中华人民共和国证券法》（以下简称"《证券法》"）、《中华人民共 和国公司法》（以下简称"《公司法》"）和中国证券监督管理委员会《上市公司 股东会规则》（以下简称"《股东会规则》"）等法律、法规和其他有关规范性 文件的要求，以及《云南铜业股份有限公司章程》（以下简称"《公司章程》"）、 《云南铜业股份有限公司股东大会议事规则》（以下简称"《议事规则》"）等 有关规定，北京大成（昆明）律师事务所（以下简称"本所"）接受云南铜业股 份有限公司（以下简称"公司"）的委托，指派律师参加公司 2025 年第二次临 时股东大会（以下简称"本次股东大会"）。 本所声明：本所律师仅对本次股东大会的召集程序、召开程序、出席会议人 员资格、召集人资格、表决程序及表决结果发表法律意见，并不对本次股东大会 所审议的议案、议案所涉及的数字及内容发表意见。本所律师同意将本法律意见 书随本次股东大会其他信息 ...

Core Points - Yunnan Copper Co., Ltd. held its first meeting of the 10th Board of Directors, where several key resolutions were passed, including the election of new board members and committee members [1][2][3][4][5][6][7][8]. Group 1: Board Elections - The board approved the election of Mr. Kong Desong as the Chairman of the 10th Board of Directors with unanimous support [1]. - Mr. Sun Chengyu was elected as the Vice Chairman of the 10th Board of Directors, also receiving unanimous support [2]. - The board established various specialized committees, including the ESG Committee, Audit and Risk Management Committee, Nomination Committee, Compensation and Assessment Committee, and Compliance Committee, all with unanimous approval [2][3][4]. Group 2: Management Appointments - Mr. Sun Chengyu was appointed as the General Manager of the company, effective immediately upon board approval [4][5]. - Mr. Gao Hongbo was appointed as the Chief Financial Officer and Secretary of the Board, with his term aligned with the current board's term [5][6]. - Additional appointments included Mr. Yang Wei and Mr. Feng Xinglong as Deputy General Managers, and Mr. Yuan Mingli as the Chief Legal Counsel, all receiving unanimous support [5][6][7]. Group 3: Compliance and Governance - The board confirmed that the number of senior management personnel serving as directors does not exceed half of the total number of directors, complying with relevant regulations [5][6]. - All appointed individuals have no conflicts of interest with major shareholders or other board members, ensuring compliance with corporate governance standards [8][9][10][11][12][13][14][15].

本公司董事会、全体董事及相关股东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： ? 已披露增持计划情况：宝鸡钛业股份有限公司（以下简称"公司"）于 （公告编号： 心 ， 公 司控股股 东 宝钛 集团有限公司 （以下 简称"宝钛 集团"）计 划自该 增持计划公告披露之日起 6 个月内，通过上海证券交易所交易系统以集中 竞价交易方式增持公司 A 股股票，增持金额不低于 1.5 亿元且不超过 3 亿 元人民币，增持比例不低于公司总股本的 1%且不超过公司总股本的 2%。 ? 增持计划的实施进展情况：宝钛集团于 2025 年 6 月 13 日通过上海证券 交易所系统以集中竞价方式实施了首次增持，共增持本公司 50 万股 A 股股份， 占公司总股本的比例约为 0.104651%，对应增持金额为 14,964,345 元（不含交 易费用），本次增持计划尚未实施完毕。 ? 风险提示：本次增持计划实施可能存在因资本市场情况发生变化或目前 尚无法预判的其他风险因素导致增持计划的实施无法达到预期的风险。 一、增持主体的基本情况 | 增持主体名称 | 宝 ...

有色商品日报 有色商品日报（2025 年 6 月 13 日） 一、研究观点 镍 格暂时表现坚挺，国内镍铁成交价格有小幅反弹迹象，但大厂招标价格维持 940 元/镍 点。不锈钢方面来看，原料价格持稳，供应端国内及印尼方面均有减产，但全国主流市 场不锈钢 89 仓库口径社会总库存 114.55 万吨，周环比上升 2.07%，需求疲软压制，供 应调节供需平衡仍需时间。新能源方面，品种价格表现平稳，6 月需求排产难有大量新 增。一级镍方面，6 月供应环比延续下降，国内周度库存去化。综合来看，原料成本坚 挺为托底，一级镍去库，但向上受到下游需求制约，整体仍篇震荡运行，关注镍矿升水 和一级镍库存表现。 请务必阅读正文之后的免责条款部分 EVERBRIGHT FUTURES 2 有色商品日报 | 仓减仓 手；现货方面，SMM 氧化铝价格回落至 3259 元/吨。铝锭现货升 | | 721 至 10141 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 水扩至 元/吨，对无锡 200 | 90 | 元/吨。佛山 | ...