Economic Overview - Liaoning Province's economy showed overall stability from January to July, with a year-on-year industrial added value growth of 3.9% [1] - High-tech manufacturing sector experienced a significant growth of 7.8% [1] Industrial Performance - Mining industry added value increased by 10.9%, while manufacturing and electricity, heat, gas, and water production and supply sectors grew by 3.0% and 1.1% respectively [1] - Among 40 major industrial categories, 23 reported year-on-year growth, resulting in a growth coverage of 57.5% [1] - Notable growth sectors included chemical fiber manufacturing (up 9.3 times), and various manufacturing sectors such as railway, shipbuilding, aerospace, and non-ferrous metal mining [1] Investment Trends - Fixed asset investment in manufacturing increased by 22.8%, with high-tech manufacturing investment rising by 37.0% [2] - First industry investment decreased by 7.1%, while second industry investment grew by 7.9% [2] - Construction project investment saw a 1.8% increase, with projects over 100 million yuan growing by 6.0% [2] Consumer Market - Retail sales of consumer goods reached 597.72 billion yuan, marking a 5.5% year-on-year increase [2] - Basic living goods sales remained stable, with significant growth in food (17.0%), daily necessities (12.9%), and tobacco and alcohol (6.6%) [2] - Upgraded consumer goods showed rapid growth, including smartphones (up 130%), wearable devices (up 98.2%), and energy-efficient home appliances (up 46.6%) [2] Trade Performance - Total import and export value reached 437.61 billion yuan, with a slight year-on-year increase of 0.4% [3] - Exports totaled 234.78 billion yuan, reflecting a growth of 13.6% [3] - Key export categories included agricultural products (18.85 billion yuan, up 9.1%), steel (22.73 billion yuan, up 11.1%), and machinery and electrical products (118.51 billion yuan, up 8.9%) [3]

交易行情显示，截至8月20日收盘，西藏矿业股价报22.53元/股，总市值117.4亿元。 北京商报讯（记者 马换换 王蔓蕾）8月20日晚间，西藏矿业（000762）发布2025年半年度报告显示，公 司上半年实现归属净利润约为-1530.5万元，同比转亏。 中报显示，2025年上半年，西藏矿业实现营业收入约为1.34亿元，同比下降65.91%；对应实现归属净利 润约为-1530.5万元，同比转亏。对于营业收入变动原因，公司表示，主要系本报告期内产品销量、售 价下降所致。 ...

西藏矿业（SZ 000762，收盘价：22.53元）8月20日晚间发布半年度业绩报告称，2025年上半年营业收 入约1.34亿元，同比减少65.91%；归属于上市公司股东的净利润亏损约1530万元；基本每股收益亏损 0.029元。 （文章来源：每日经济新闻） ...

Report Overview - The report is a daily report on non-ferrous metals dated August 20, 2025, covering copper, aluminum, and nickel [3] Industry Investment Rating - No industry investment rating is provided in the report Core Views - **Copper**: Today, Shanghai copper maintained a volatile trend with a slight increase in open interest. The main contract price fluctuated above 78,500 yuan. Macroscopically, the continuous rebound of the overseas US dollar index is negative for copper prices. In the short term, the weakening domestic commodity atmosphere combined with the US dollar rebound may continue to put pressure on copper prices [5] - **Aluminum**: Today, Shanghai aluminum showed a relatively strong volatile trend with a continuous decline in open interest. Macroscopically, the domestic commodity atmosphere cooled. At the industrial level, the downstream is entering the peak season, and the inventory of aluminum rods has started to gradually decline. Technically, attention should be paid to the support at the 20,500 yuan mark [6] - **Nickel**: Today, Shanghai nickel showed a relatively weak volatile trend with a slight increase in open interest. The main contract price fell below the 120,000 yuan mark during the session and then stabilized and rebounded. Macroscopically, the long atmosphere in the domestic market cooled. At the industrial level, high inventories continue to put pressure on nickel prices. The resonance of macro and industrial negatives leads to the weak operation of nickel prices. Attention should be paid to the technical support at the 120,000 yuan mark [7] Industry Dynamics Copper - First Quantum Minerals has officially launched a $1.25 billion expansion project at its Kansanshi copper mine in Zambia, the largest copper investment project in the country in nearly a decade [9] Aluminum - According to customs data, in July 2025, the import volume of unforged aluminum alloy was 69,200 tons, a year-on-year decrease of 28.4% and a month-on-month decrease of 10.6%. From January to July 2025, the cumulative import volume was 611,500 tons, a year-on-year decrease of 13.9%. In July 2025, the export volume of unforged aluminum alloy was 24,900 tons, a year-on-year increase of 38.3% and a month-on-month decrease of 3.3%. From January to July 2025, the cumulative export volume was 145,200 tons, a year-on-year increase of 7.8% [9] Nickel - Today, the price of SMM1 electrolytic nickel was in the range of 119,400 - 122,400 yuan/ton, with an average price of 120,900 yuan/ton, a decrease of 750 yuan/ton compared to the previous trading day. The mainstream spot premium quotation range for Jinchuan No. 1 nickel was 2,300 - 2,500 yuan/ton, with an average premium of 2,400 yuan/ton, an increase of 50 yuan/ton compared to the previous trading day. The spot premium and discount quotation range for domestic mainstream brand electrowon nickel was -100 - 300 yuan/ton [10] Related Charts Copper - The report provides charts on copper basis, domestic visible inventory of electrolytic copper, overseas copper exchange inventory, LME copper cancelled warrant ratio, Shanghai Futures Exchange warrant inventory, and copper monthly spread [11][13][14] Aluminum - The report provides charts on aluminum basis, aluminum monthly spread, domestic social inventory of electrolytic aluminum, overseas exchange inventory of electrolytic aluminum, alumina trend, and alumina inventory [23][25][27] Nickel - The report provides charts on nickel basis, nickel monthly spread, LME inventory, Shanghai Futures Exchange inventory, LME nickel trend, and nickel ore port inventory [35][37][39]

Economic Overview - Liaoning Province's economy showed overall stability from January to July, with industrial added value above designated size increasing by 3.9% year-on-year, and high-tech manufacturing added value growing by 7.8% [1] - The mining industry saw a significant increase in added value by 10.9%, while manufacturing and electricity, heat, gas, and water production and supply industries grew by 3.0% and 1.1%, respectively [1] Investment Trends - Fixed asset investment in Liaoning Province decreased by 3.5%, while manufacturing investment surged by 22.8%, with high-tech manufacturing investment rising by 37.0% [2] - Infrastructure investment fell by 1.7%, and real estate development investment dropped significantly by 25.7% [2] Retail and Consumption - The total retail sales of social consumer goods reached 597.72 billion yuan, marking a year-on-year increase of 5.5%, with significant growth in essential goods such as grain and oil, which rose by 17.0% [2] - Sales of upgraded consumer goods showed strong growth, with smart phones increasing by 130% and wearable smart devices by 98.2% [2] Trade Performance - From January to July, the total import and export volume in Liaoning Province reached 437.61 billion yuan, a slight increase of 0.4%, with exports growing by 13.6% to 234.78 billion yuan [3] - Key export categories included agricultural products, steel, and electromechanical products, with notable growth rates of 9.1%, 11.1%, and 8.9%, respectively [3] Price Trends - Consumer prices in Liaoning Province experienced a slight decline, with the Consumer Price Index (CPI) decreasing by 0.1% year-on-year [3] - The Producer Price Index (PPI) for industrial producers fell by 4.8%, indicating a decrease in industrial production prices [3]

通过天眼查大数据分析，紫金矿业集团股份有限公司共对外投资了76家企业，参与招投标项目806次， 知识产权方面有商标信息491条，专利信息775条，此外企业还拥有行政许可314个。 来源：金融界 紫金矿业最新一期业绩显示，截至2025一季报，公司营业总收入789.28亿元、同比增长5.55%，归属净 利润101.67亿元，同比增长62.39%，扣非净利润98.81亿元，同比增长58.76%，流动比率1.026、速动比 率0.704、资产负债率54.89%。 天眼查商业履历信息显示，紫金矿业集团股份有限公司，成立于2000年，位于龙岩市，是一家以从事有 色金属矿采选业为主的企业。企业注册资本263281.7224万人民币，实缴资本263265.7124万人民币。公 司法定代表人为邹来昌。 金融界消息 截至2025年8月20日收盘，紫金矿业（601899）报收于20.56元，上涨1.13%，换手率 0.82%，成交量168.30万手，成交金额34.32亿元。 资金流向方面，今日主力资金净流入1.06亿元，占比成交额3.1%。其中，超大单净流出4780.12万元、 占成交额1.39%，大单净流入1.54亿元、占成交额 ...

铜陵有色（000630.SZ）8月20日在投资者互动平台表示，截至目前，公司米拉多铜矿二期扩建项目试车 工作顺利进行，正在按既定方案进行轻载调试和相关系统参数进一步优化工作。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：贵公司的米拉多铜矿二期重负试车后是否顺利？是否 己全面投产？如果没投产，预计几月投产？ ...

Group 1 - The core viewpoint of the news is that Zijin Mining experienced a decline in stock price while showing significant activity in financing and margin trading, indicating high investor interest despite the drop [1] - On August 19, Zijin Mining's stock fell by 2.26%, with a trading volume of 4.847 billion yuan, and a net financing purchase of 191 million yuan [1] - The total financing and margin trading balance for Zijin Mining reached 3.478 billion yuan as of August 19, with the financing balance accounting for 0.82% of the circulating market value, indicating a high level compared to the past year [1] Group 2 - Zijin Mining Group Co., Ltd. was established on September 6, 2000, and listed on April 25, 2008, focusing on mineral resource exploration and development [2] - For the period from January to March 2025, Zijin Mining reported operating revenue of 78.928 billion yuan, a year-on-year increase of 5.55%, and a net profit attributable to shareholders of 10.167 billion yuan, reflecting a significant year-on-year growth of 62.39% [2] - The company has distributed a total of 53.429 billion yuan in dividends since its A-share listing, with 21.925 billion yuan distributed in the last three years [3] Group 3 - As of March 31, 2025, the number of shareholders in Zijin Mining was 370,000, a decrease of 18.20% from the previous period [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 1.362 billion shares, and several ETFs, all of which have seen a reduction in their holdings compared to the previous period [3]

8月20日，五矿资源(01208)盘中下跌5.39%，截至09:31，报4.74元/股，成交1964.6万元。 本文源自：金融界 五矿资源有限公司的主营业务是在澳大利亚、刚果(金)和秘鲁开发并运营铜、锌及其他基本金属业务。 公司以中国五矿为主要股东，总部位于澳大利亚墨尔本，并在香港联合交易所上市，目标是在2020年前 发展成为全球顶尖的中型矿业公司之一。 截至2025年中报，五矿资源营业总收入201.66亿元、净利润24.34亿元。 作者：行情君 ...

8月18日，在巴彦淖尔市乌拉特后旗紫金矿业有限公司，外聘技术专家正在对工人们进行相关技术培 训。此次培训的资金来源，正是该公司日前刚收到的首批37万元失业保险稳岗返还资金。 转自：草原云 "这笔资金可用于缴纳社保费、开展培训，既稳定了员工队伍，又为企业发展增添了信心。"该公司人力 资源科科长林丽萍表示。 新闻编辑：莎日娜 "我们采取'免申即享'为主、自主申请为辅的模式，通过多部门数据共享和系统比对，对符合政策的企 业实现'一键确认、资金直达'。"乌拉特后旗就业服务中心失业保险股股长保明介绍。 目前，稳岗资金正以"精准滴灌"方式注入企业。根据政策规定，资金可用于缴纳社保费、员工培训等用 途。截至8月中旬，当地已发放稳岗返还资金263.96万元，惠及88家企业、5800余名职工。 乌拉特后旗就业服务中心相关负责人表示，下一步将深化"政策找人"机制，动态监测企业参保情况，确 保应享尽享；同时加强资金使用监管和跟踪服务，切实把稳岗资金用于"保岗位、提技能、防失业"关键 环节。 内蒙古日报·草原云记者：薄金凤 乌拉特后旗融媒体中心记者：杨籽鑫 紫金矿业有限公司成为内蒙古自治区首批享受"免申即享"政策红利的企业。 据悉， ...