证券日报网讯 10月10日晚间，大中矿业发布公告称，截至2025年9月30日，公司通过股份回购专用证券 账户以集中竞价方式回购公司股份20，324，400股，占公司目前总股本的1.35%。 （文章来源：证券日报） ...

Core Viewpoint - The A-share market is entering a new round of "performance verification" as over 40 listed companies have released their Q3 performance forecasts, with more than 70% of companies showing strong growth momentum in their earnings [1] Group 1: Earnings Forecasts - Over 40 listed companies have issued Q3 earnings forecasts, with a significant portion indicating positive growth [1] - Companies like Guangdong Mingzhu and Yinglian Co. have reported earnings growth exceeding 10 times, attracting market attention [1][2] - Yinglian Co. expects a net profit of 34.5 million to 37.5 million yuan for Q3, representing a year-on-year increase of 1531.13% to 1672.97% [2] - Guangdong Mingzhu anticipates a net profit of 215 million to 263 million yuan for Q3, reflecting a growth of 858.45% to 1071.44% [2][3] Group 2: Sector Performance - Semiconductor companies are showing impressive earnings, with Changchuan Technology forecasting a net profit of 827 million to 877 million yuan, a growth of 131.39% to 145.38% [4] - Yangjie Technology expects a net profit of 937 million to 1.004 billion yuan, with a year-on-year increase of 40% to 50% due to strong demand in automotive electronics and AI [4] - The semiconductor industry is experiencing a positive growth trend, with global sales reaching 64.9 billion USD in August 2025, a 21.7% increase year-on-year [5] Group 3: Chemical Industry Performance - Companies in the chemical sector, such as Limin Co. and Brothers Technology, have reported significant earnings growth due to product price increases [6] - Limin Co. expects a net profit of 38.4 million to 39.4 million yuan, a year-on-year increase of 649.71% to 669.25% [6] - Brothers Technology anticipates a net profit of 10 million to 11.5 million yuan, reflecting a growth of 207.32% to 253.42% [6] - The chemical industry is expected to see a recovery in profitability as regulatory measures control inefficient production capacity [7]

Core Viewpoint - The A-share market is entering a new wave of "performance verification" as over 40 listed companies have released their Q3 performance forecasts, with more than 70% indicating strong growth momentum [1] Group 1: Performance Forecasts - Over 40 listed companies have issued Q3 performance forecasts, with over 70% showing positive growth (increase, slight increase, or turnaround) [1] - Companies like Guangdong Mingzhu and Yinglian Co. have reported performance increases exceeding 10 times, attracting market attention [1][2] - Yinglian Co. expects a net profit of 34.5 million to 37.5 million, representing a year-on-year increase of 1531.13% to 1672.97% [2] - Guangdong Mingzhu anticipates a net profit of 215 million to 263 million, reflecting a year-on-year growth of 858.45% to 1071.44% [2][3] Group 2: Sector Performance - Semiconductor companies are showing impressive performance, with Changchuan Technology forecasting a net profit of 827 million to 877 million, a year-on-year increase of 131.39% to 145.38% [4] - Yangjie Technology expects a net profit of 937 million to 1 billion, with a growth of 40% to 50% due to strong demand in automotive electronics and AI sectors [4] - The semiconductor industry is experiencing a global sales increase, with August 2025 sales reaching $64.9 billion, a 21.7% year-on-year increase [5] Group 3: Chemical Industry Performance - Companies in the chemical sector, such as Limin Co. and Brothers Technology, have reported significant profit increases due to product price hikes [6] - Limin Co. expects a net profit of 384 million to 394 million, a year-on-year increase of 649.71% to 669.25% [6] - Brothers Technology anticipates a net profit of 100 million to 115 million, reflecting a growth of 207.32% to 253.42% due to rising prices of certain products [6] Group 4: Industry Trends - The chemical industry is expected to see a recovery in profitability as regulatory measures control the approval of new low-efficiency production capacities [7] - There is a call for collaboration and synergy among companies in various sub-sectors, indicating a shift towards optimizing supply and demand structures [7]

央企方面，中国星网总部及4家所属企业于2024年10月入驻雄安办公，目前稳定运营；中国中化、 中国华能于今年10月9日正式入驻雄安总部办公；中国矿产总部项目主体结构已封顶。中国大唐、 中国华电、中国诚通、中国农业发展集团4家央企已完成选址供地，目前正在加快推进项目方案设 计。国家电网、中国中化、中国华能所属的30家二三级子公司完成迁址注册。 来源： 中国铁路、长安街知事 据"中国铁路" 微信公众号 消息，10月10日， 中国国家铁路集团有限公司所属单位京津冀铁路公 司正式由北京迁驻雄安新区办公 ，努力更好发挥铁路建设投资辐射带动作用，为疏解北京非首都功 能、推动雄安新区高质量发展、促进京津冀协同发展注入新动能。 A股大消息，又"爆了" 据公开资料，京津冀铁路公司是国铁集团重点监管的铁路公司，于2015年3月注册成立，目前注册 资本金800亿元，主要负责京津冀区域内城际铁路项目规划、建设、运营、投融资和综合开发等工 作。 "十四五"期间， 该公司承担11个铁路项目建设任务 ，总里程约1220公里，总投资约2950亿元。 其中，北京至唐山铁路（京唐城际）燕郊至唐山段、北京至天津滨海新区铁路（京滨城际）宝坻至 北辰 ...

Core Viewpoint - The A-share market is entering a new wave of "performance verification" as over 40 listed companies have released their Q3 performance forecasts, with more than 70% indicating strong growth, highlighted by companies like Guangdong Mingzhu and Yinglian Co. with over 10-fold increases in performance [1][2]. Group 1: Performance Forecasts - Over 40 listed companies have released Q3 performance forecasts, with over 70% showing positive growth [1]. - Yinglian Co. expects a net profit of 34.5 million to 37.5 million yuan for Q3, representing a year-on-year increase of 1531.13% to 1672.97% [2]. - Guangdong Mingzhu anticipates a net profit of 215 million to 263 million yuan for Q3, reflecting a year-on-year growth of 858.45% to 1071.44% [2][3]. Group 2: Sector Performance - Semiconductor companies are showing strong performance, with Changchuan Technology forecasting a net profit of 827 million to 877 million yuan for Q3, a growth of 131.39% to 145.38% [4]. - Yangjie Technology expects a net profit of 937 million to 1.004 billion yuan for Q3, with a year-on-year increase of 40% to 50% [4]. - The semiconductor industry is experiencing a positive growth trend, with global sales reaching 64.9 billion USD in August 2025, a 21.7% increase year-on-year [5]. Group 3: Chemical Industry Performance - Limin Co. forecasts a net profit of 384 million to 394 million yuan for Q3, a year-on-year increase of 649.71% to 669.25% due to rising product prices and sales [6]. - Brother Technology expects a net profit of 100 million to 115 million yuan for Q3, reflecting a year-on-year growth of 207.32% to 253.42% driven by price increases in certain products [6]. - The chemical industry is seeing a recovery in profitability as regulatory measures control the approval of new low-efficiency production capacities [7].

Core Viewpoint - The A-share market is entering a new round of "performance verification" as the third-quarter earnings forecasts for 2025 are being disclosed, with over 40 companies already announcing their forecasts, indicating a strong growth momentum in earnings [1][2]. Earnings Forecasts - More than 70% of the companies that have released earnings forecasts for the first three quarters of 2025 are expected to see positive performance (increase, slight increase, or turnaround), highlighting robust earnings growth [2]. - Companies like Guangdong Mingzhu and Yinglian Co. are attracting market attention with over 10-fold increases in earnings [2]. Significant Earnings Increases - Yinglian Co. expects a net profit of 34.5 million to 37.5 million, representing a year-on-year increase of 1531.13% to 1672.97% [4]. - The growth is attributed to the performance of the fast-moving consumer goods metal packaging sector, with improvements in supply capabilities and production quality [4]. - Guangdong Mingzhu anticipates a net profit of 215 million to 263 million, reflecting a year-on-year increase of 858.45% to 1071.44% [5]. Semiconductor Sector Performance - Several A-share semiconductor companies are reporting impressive earnings, with Changchuan Technology expecting a net profit of 827 million to 877 million, a year-on-year increase of 131.39% to 145.38% [7]. - The growth is driven by strong market demand and a significant increase in sales revenue [7]. - Yangjie Technology forecasts a net profit of 937 million to 1.004 billion, with a year-on-year growth of 40% to 50%, supported by the booming semiconductor market [7]. Chemical Industry Growth - Companies in the chemical sector, such as Limin Co. and Brother Technology, are also experiencing substantial earnings growth due to product price increases [10][11]. - Limin Co. expects a net profit of 384 million to 394 million, reflecting a year-on-year increase of 649.71% to 669.25% [10]. - Brother Technology anticipates a net profit of 100 million to 115 million, with a year-on-year increase of 207.32% to 253.42% [11].

Group 1 - The company possesses significant resources including highland copper, salt lake lithium, and overseas potassium, with the second phase of copper mine entering the countdown to production [1] - Institutions expect a net profit CAGR exceeding 40% from 2025 to 2027, indicating a favorable outlook for valuation to experience a "Davis Double" [1] Group 2 - The market size is expected to exceed 10 billion in 2026, driven by domestic cost reduction and significant increases in penetration rates [1] - Three domestic suppliers are poised to seize opportunities through capacity and localization [1]

Core Insights - The company reported a revenue of 1.247 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 12.98% [1] - The net profit attributable to shareholders of the listed company reached 220 million yuan, showing a significant year-on-year growth of 47.09% [1] Financial Performance - Revenue for the first three quarters of 2025: 1.247 billion yuan, up 12.98% year-on-year [1] - Net profit attributable to shareholders: 220 million yuan, up 47.09% year-on-year [1]

Group 1 - The article highlights the investment opportunities in the resource sector, particularly in copper, lithium from salt lakes, and overseas potassium, with a focus on the upcoming production phase of copper mines, which is expected to drive significant profit growth [1] - Institutions predict a compound annual growth rate (CAGR) of over 40% for net profit from 2025 to 2027, indicating a favorable outlook for valuation and potential for a "Davis Double" effect [1] Group 2 - The market size for a specific sector is expected to exceed 10 billion by 2026, driven by domestic cost reduction and significant increases in penetration rates [1] - Three domestic suppliers are positioned to seize market opportunities through their production capacity and localization strategies [1]

| | | 【钢材】 今日盘面震荡为主。 长假期间螺纹表需大幅下滑，同比依然偏弱，产量小幅回落，库存大幅累积。热卷需求同步下滑，产量小 幅回落，库存大幅累积。铁水产量维持高位，下游承接能力不足，随着钢厂利润下滑，产业链负反馈预期仍反复发酵。从下游 行业看，9月PMI回升至49.8，制造业边际企稳，长假期间地产销售降幅扩大，内需整体依然偏弱，钢材出口维持高位，外围加 征关税带来一定扰动。盘面持续调整后稍有企稳，反弹动能依然不足，短期震荡为主，关注节后需求回暖力度。 【铁矿】 铁矿今日盘面上涨。 供应端，全球发运环比下降，国内到港量反弹，港口库存增加，其中巴西矿增加较为明显，短期市场对于 供应受到扰动的担忧有所增加。需求端，铁水高位存在韧性，钢厂盈利率继续走弱，国庆前后钢厂存在一定补库需求，但随着 钢厂利润的收缩，以及国内需求依然处于相对低位，未来减产的压力逐步增加。国内10月将要召开重要会议，市场仍然存在一 定政策预期，但对外贸易摩擦的不确定性也依然存在。我们预计铁矿短期高位震荡为主。 | MILIA | FREE STATE | beer in the real and AM | | --- | --- | ...