宏观策略（股指期货） 最高法、证监会：依法对编传"小作文"追究刑事责任 城市更新行动方案出炉，未来国内托举经济的路径逐渐明朗， 固定资产投资在经济中的占比仍将保持较高水平。对股市而言， 需关注 PPI 的边际变化，来决定企业利润率的弹性。 宏观策略（黄金） 日度报告——综合晨报 鲍威尔对长期利率上升提出警告 [T报ab告le_日R期an：k] 2025-05-16 农产品（玉米） 饲料企业库存天数微增 鲍威尔表示需要重新考虑围绕就业不足和平均通胀率战略措辞 综 合 金价剧烈波动先跌后涨最终收涨，内盘持仓小幅减少，在关税 和地缘军事冲突缓解的情况下，资金开始流出黄金，短期金价 仍处于调整过程中，尚未完全企稳，同时波动加大。 晨 宏观策略（外汇期货(美元指数)） 报 关税谈判进展缓慢 欧盟据悉正在准备与美国的新贸易提案 美联储准备修改自己的政策框架，这意味着未来新的政策思路 发生巨大改变，美元指数短期震荡。 黑色金属（螺纹钢/热轧卷板） 乘联分会：5 月 1-11 日全国乘用车市场零售 57.4 万辆 本周钢联五大品种库存再度下降，冷轧则延续小幅累库，制造 业终端边际转弱并未扭转。基本面矛盾不大，加之关税缓和， ...

Meeting and Attendance - The supervisory board meeting was convened and conducted in accordance with the Company Law and relevant regulations, ensuring the legality and validity of the meeting [1] - Three supervisors were supposed to attend, with all three present or represented by proxy [1] Proposal Review Proposal for Credit Line from Rural Credit Cooperative - The company plans to apply for a credit line of RMB 20 million from the Kunming Wuhua District Rural Credit Cooperative for a term of one year, aimed at supplementing working capital [1] - The subsidiary, Jinning Lihengda Technology Co., Ltd., will provide an unlimited joint liability guarantee without charging any fees [1] Proposal for Credit Line from Industrial and Commercial Bank of China - The company intends to apply for a credit line of RMB 90 million from the Industrial and Commercial Bank of China, with a three-year term, also to support working capital [2] - The guarantee will be secured by the subsidiary's property and several patents, with the actual controller providing a full joint liability guarantee at no cost [2] Proposal for Subsidiary's Credit Line - The wholly-owned subsidiary plans to apply for a credit line of RMB 20 million from the Industrial and Commercial Bank of China, with a three-year term [3] - The main guarantee will be the subsidiary's property, with the company and its actual controller providing full joint liability guarantees at no cost [3][4] Authorization - The board of directors authorized the legal representative or designated agent to handle related procedures and sign relevant documents within the approved credit limits for all proposals [2][3][4]

Core Viewpoint - The legal opinion letter from Grandall Law Firm (Hangzhou) confirms that the procedures for convening and holding the 2024 annual shareholders' meeting of Yongjie New Materials Co., Ltd. comply with relevant laws and regulations, ensuring the legitimacy and validity of the meeting and its resolutions [3][5][17]. Group 1: Meeting Procedures - The board of directors approved the proposal to convene the 2024 annual shareholders' meeting, and the meeting notice was published in various media, detailing the time, location, and voting methods [6][7]. - The meeting was held at the administrative building of Zhejiang Yongjie Aluminum Co., Ltd., presided over by the chairman [6][7]. - The meeting utilized both on-site and online voting methods, with specific timeframes for each [7][8]. Group 2: Participant Qualifications - Eligible participants included all shareholders registered with the China Securities Depository and Clearing Corporation as of May 8, 2025, along with the company's directors, supervisors, and senior management [8][9]. - A total of 451 participants, representing 120,214,694 shares (61.1095% of the total voting shares), attended the meeting, including 5 on-site shareholders representing 102,144,304 shares (51.9237%) [8][9]. Group 3: Resolutions and Voting Results - The meeting reviewed several proposals, and the voting process was conducted according to the established rules [10][16]. - The voting results showed overwhelming support for the proposals, with the majority receiving over 99% approval from the attending shareholders [11][12][15]. - Specific resolutions included ordinary and special resolutions, with the latter requiring a two-thirds majority for approval [16][17]. Group 4: Conclusion - The legal opinion concludes that all aspects of the shareholders' meeting, including the convening, participant qualifications, and voting procedures, adhered to the relevant laws and regulations, affirming the legality and validity of the resolutions passed [17].

中银（成都）律师事务所 关于四川宏达股份有限公司 成都中银（2025）第 008-026 号 www.zhongyinlawyer.com 北京中银（成都）律师事务所 关于四川宏达股份有限公司 法律意见书 致：四川宏达股份有限公司 北京中银（成都）律师事务所（以下简称"中银律师"）接受四川宏达股份 有限公司（以下简称"公司"）的委托，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》）、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》）等有关 法律法规以及《四川宏达股份有限公司章程》（以下简称《公司章程》）的有关 规定，指派律师出席公司 2025 年第三次临时股东会（以下简称"本次股东会"） 并就本次股东会的相关事项发表意见。 为出具本法律意见书，中银律师审查了本次股东会的相关资料，包括但不限 于公司召开 2025 年第三次临时股东会的通知、公司第十届监事会第十二次会议 决议及公告、公司第十届董事会第十七次会议决议及公告等文件资料，同时听取 了公司董事会秘书就本次股东会有关事实的陈述和说明。公司已向中银律师做出 保证和承诺，保证公司向中银律师 ...

| 锡产业期现日报 | | | | | | | --- | --- | --- | --- | --- | --- | | 投资咨询业务资格:证监许可【2011】1292号 2025年5月15日 | | | | 寇帝斯 | Z0021810 | | 现货价格及基差 | | | | | | | 品种 | 现值 | 前值 | 旅跌 | 张跌幅 | 单位 | | SMM 1#锡 | 265000 | 262100 | 2900 | 1.11% | | | SMM 1#锡升贴水 | 800 | 800 | O | 0.00% | 元/吨 | | 长江 1#锡 | 265500 | 262600 | 2900 | 1.10% | | | LME 0-3升贴水 | -18.50 | 15.00 | -33.50 | -223.33% | 美元/吨 | | 内外比价及进口盈亏 | | | | | | | 品种 | 我们 | 前值 | 涨跌 | 张跌幅 | 单位 | | 进口盈亏 | -11580.58 | -11526.88 | -53.70 | -0.47% | 元/吨 | | 沪伦比值 | 8.12 | 8.10 | ...

有色商品日报 | | 检修动态，主力换月至 09 合约，盘面交易几内亚雨季矿石限产预期。铝锭到货偏少， | | --- | --- | | | 价格下调后下游补库，铝锭延续小幅去库状态。中美关税态势缓解，宏观情绪回暖。光 | | | 伏退坡和出口新订单走弱，线缆后周期爆发或难以中和减量。叠加成本下移压力，铝价 | | | 短强长弱格局延续。关注库消情况以及后续关税谈判动态。 | | | 隔夜 LME 镍涨 0.35%报 15800 美元/吨，沪镍涨 0.92%报 125540 元/吨。库存方面，昨 | | | 日 LME 库存减少 84 吨至 198432 吨，国内 SHFE 仓单减少 398 吨至 23549 吨。升贴水 | | | 来看，LME0-3 月升贴水维持负数；进口镍升贴水上涨 50 元/吨至 200 元/吨。镍矿方 | | | 面，价格仍偏强运行，菲律宾和印尼镍矿升水均有上涨。不锈钢方面，据铁合金，近日 | | | 华东某钢厂印尼铁采购价为 940 元/镍(舱底含税)，总成交量 6000 吨，交期 6 月初；供 | | | 应端 300 系出现小幅减产，据 mysteel，5 月粗钢排产 348 ...

电 话：020-88830760 E-Mail：zhaoliang@gf.com.cn 目录： 金融衍生品： 广发早知道-汇总版 投资咨询业务资格： 广发期货研究所 金融期货： 股指期货、国债期货 贵金属： 黄金、白银 证监许可【2011】1292 号 集运指数 商品期货： 有色金属： 铜、锌、镍、不锈钢、锡、碳酸锂 黑色金属： 钢材、铁矿石、焦煤、焦炭、铁合金 农产品： 油脂、粕类、玉米、生猪、白糖、棉花、鸡蛋、花生、红枣、苹果 能源化工： 原油、PTA、乙二醇、苯乙烯、短纤、尿素、瓶片、烧碱、PVC、LLDPE、 PP 特殊商品： 橡胶、玻璃纯碱、工业硅、多晶硅 2025 年 5 月 15 日星期四 组长联系信息： 张晓珍（投资咨询资格：Z0003135） 电话：020- 88818009 邮箱：zhangxiaozhen@gf.com.cn 刘珂（投资咨询资格：Z0016336） 电话：020-88818026 邮箱：qhliuke@gf.com.cn 叶倩宁（投资咨询资格：Z0016628） 电话：020- 88818017 邮箱：yeqianning@gf.com.cn 周敏波（投资咨询资格：Z00 ...

文字早评 2025/05/15 星期四 前一交易日沪指+0.86%，创指+1.01%，科创 50+0.41%，北证 50+1.08%，上证 50+1.69%，沪深 300+1.21%， 中证 500+0.30%，中证 1000+0.15%，中证 2000+0.11%，万得微盘-0.28%。两市合计成交 13167 亿，较上 一日+252 亿。 宏观消息面： 1、中国 4 月社融增量 1.16 万亿元，新增人民币贷款 2800 亿元，M2-M1 剪刀差扩大。 2、中美互降关税后，直击外贸一线：企业抢发货，货代频"爆单"，港口货运高峰或下周出现。 3、国家发改委主任郑栅洁主持召开座谈会，听取民营企业意见建议。 宏观金融类 股指 4、美国调整对华加征关税。 资金面：融资额+13.26 亿；隔夜 Shibor 利率-0.10bp 至 1.4050%，流动性较为宽松；3 年期企业债 AA- 级别利率-0.99bp 至 3.0473%，十年期国债利率+0.92bp 至 1.6787%，信用利差-1.91bp 至 137bp；美国 10 年期利率+4.00bp 至 4.49%，中美利差-3.08bp 至-281bp。 市盈 ...

◆ 铜： 截至 5 月 14 日收盘，沪铜主力 06 合约上涨 1.36%至 78940 元/吨。中 美在经贸领域达成相关贸易协议，全球贸易紧张局势进一步缓解。美通 胀数据低于市场预期，美元走软，隔夜有色金属普涨，铜价小幅上行。 现货市场，日内铜价重心下移，BACK 结构月差有所扩张，下游企业入 市接货情绪难有提振同时由于交割换月临近，持货商大贴水出货情绪有 限。全球贸易紧张局势进一步缓解，铜价回归基本面逻辑。目前铜精矿 TC 继续下移，冶炼产出后续存在下滑趋势，不过冶炼端的原料压力虽然 较大，但近期实际对产出的影响相对较小消费表现依然稳中有进，但高 月差抑制了近期消费表现。低库存背景下，铜价或继续维持高位偏强震 荡。技术上看，沪铜短期维持偏强震荡。 ◆ 铝： 截至 5 月 14 日收盘，沪铝主力 06 合约上涨 1.4%至 20275 元/吨。氧 化铝运行产能周度环比减少 55 万吨至 8675 万吨，全国氧化铝库存较节 前减少 13.5 万吨至 328.8 万吨。氧化铝企业检修减产和主动压产仍在 继续，市场处于投产、复产、减产交织状态。有媒体报道北方某大型氧 化铝企业氧化铝产能或存在违规建设，带动市场情绪 ...

Group 1 - The core viewpoint of the article is the implementation of the "Action Plan for Promoting High-Quality Development of the Private Economy in Henan Province," which includes six special actions and 21 key tasks aimed at enhancing the contribution of the private economy to the province's overall economic growth [1] - The plan aims for a qualitative improvement and reasonable quantitative growth of the private economy in Henan over approximately three years, with a focus on increasing the number of operating entities and enhancing the core competitiveness of leading private enterprises [1][3] - The private economy in Henan contributes over 55% of the province's GDP, around 65% of tax revenue, approximately 70% of total imports and exports, over 85% of high-tech enterprises, and over 90% of new urban employment [1] Group 2 - As of the end of 2024, the number of private economic entities in Henan is expected to reach 10.817 million, accounting for 96% of all operating entities [2] - The plan includes specific actions such as cultivating backbone private enterprises, increasing support for transformation and upgrading, and encouraging research and development investments [5][6] - The plan also emphasizes the need to match the number of private enterprises in the "Top 500 Private Enterprises in China" with the province's economic scale [3]