【现货】 现货方面，主产区价格变动：6517锰硅内蒙5600（-）元/吨；广西5650（-30）元/吨；宁夏5680（-）元/ 吨；贵州5600（-30）元/吨。 库存方面，截至5月16日，中国主要港口锰矿库存418万吨，环比+23.2万吨；其中天津港321.9万吨，环 比+11万吨，钦州港95.6吨，环比+12.2万吨。 【供给】 Mysteel统计全国187家独立硅锰企业样本开工率33.6%，较上周减3.93%；日均产量23250吨，减1325 吨。周度产量162750吨，环比上周减5.39%。 【需求】 【期货】 5月20日，锰硅09合约对昨收-0.41%（-24），收于5778元/吨。 【成本】 内蒙成本5778（-）元/吨，广西生产成本6309（-38）元/吨，内蒙生产利润-178（-48）元/吨。 【锰矿】 5月19日，South32发布了一份关于其Groote Eylandt采矿公司私人有限公司（GEMCO）恢复澳大利亚锰 矿石出口销售的声明。根据新闻稿，他们已经恢复了澳大利亚锰矿石的出口销售，第一批货物正在装载 中，预计将在未来几天离开GEMCO新重建的码头，出口销售额预计将在2025年6月增 ...

Group 1 - The price of silicon iron from Hebei Steel for May is set at 5800 CNY/ton, down 150 CNY/ton from April's price of 5950 CNY/ton [1] - As of May 19, the total inventory of imported iron ore at 47 Chinese ports is 146.2763 million tons, a decrease of 2.5825 million tons from the previous week [1] - Satellite data indicates that from May 12 to May 18, the total iron ore inventory at seven major ports in Australia and Brazil increased by 69600 tons to 13.763 million tons [1] Group 2 - According to AmSpec, Malaysia's palm oil exports from May 1 to 20 increased by 1.55% compared to the same period last month [1] - The shipping survey agency ITS reports that Malaysia's palm oil exports from May 1 to 20 increased by 5.3% compared to the same period last month [2] Group 3 - The feed industry reports an increase in the quantity of soybeans passing customs, alleviating the soybean shortage issue, with supply expected to continue increasing [1] - The Brazilian National Grain Exporters Association (Anec) has raised its forecast for Brazil's soybean exports in May to 14.52 million tons, up from the previous estimate of 14.27 million tons [1] Group 4 - From January to April 2025, China imported a total of 67.77 million tons of bauxite, a year-on-year increase of 34.3% [1] - Guinea accounted for 53.12 million tons of the total bauxite imports, representing 78.38% of the total, with a year-on-year increase of 42.2% [1] Group 5 - The International Aluminium Institute (IAI) reports that global primary aluminum production in April 2025 was 6.033 million tons, compared to 5.901 million tons in the same month last year [2]

Group 1 - The People's Bank of China emphasizes the need for a moderately loose monetary policy to support effective financing for the real economy, focusing on key areas such as technological innovation, consumption, and foreign trade [2] - The National Development and Reform Commission highlights the need to address "involution" in competition, as traditional industries undergo transformation and structural issues arise [3] - The implementation of the "Private Economy Promotion Law" marks a significant milestone in the development of the private economy in China, establishing mechanisms for fair competition and investment promotion [8] Group 2 - The recent reduction in the Loan Prime Rate (LPR) by 10 basis points for both 1-year and 5-year terms is the first adjustment since October of the previous year, indicating a shift in monetary policy [7] - The Ministry of Finance reports a 57.8% year-on-year increase in securities transaction stamp duty revenue for the first four months of the year, reflecting a robust trading environment [9] - The unemployment rate for urban youth aged 16-24 stands at 15.8%, indicating ongoing challenges in the job market for younger demographics [11] Group 3 - Hisense Group appoints a former executive from Midea as the president of its air conditioning division, aiming to regain market share in the domestic air conditioning market where Xiaomi has gained significant ground [22] - The French Senate's investigation into Nestlé's "Perrier" water scandal reveals consumer fraud and regulatory failures, impacting the company's reputation and operations [23] - Institutional investors show significant activity in the stock market, with notable net purchases in companies like Zhongzhou Special Materials and net sales in others like Hongbaoli and Youfu [24]

Core Insights - In April, China's M&A market saw a total of 160 transactions, a month-on-month decrease of 13.0% and a year-on-year decrease of 38.2% [1] - The total disclosed transaction amount reached approximately 561.74 billion RMB, reflecting a month-on-month decline of 23.2% but a year-on-year increase of 23.6% [1] Transaction Types - Domestic M&A transactions accounted for 92.5% of the total, with 148 transactions, while cross-border M&A transactions totaled 12 [1] - Among the disclosed transactions, 79 were domestic with a total amount of 529.69 billion RMB, and 8 cross-border transactions amounted to 32.05 billion RMB [1] Regional Distribution - The majority of transactions were concentrated in major cities like Beijing, Shanghai, and Guangzhou, with Beijing leading at 20 transactions (12.5% of total) and Shanghai following with 13 transactions [1] - Qinghai province had a notable performance with transaction amounts reaching 137.29 billion RMB, accounting for 24.4% of the total [1] Industry Distribution - The M&A transactions involved 23 primary industries, with the financial and machinery manufacturing sectors leading at 21 transactions each (13.1% of total) [2] - The chemical raw materials and processing industry topped in transaction value at 149.99 billion RMB, representing 26.7% of the total [2] Notable Transactions - Zijin Mining's acquisition of a 24.98% stake in Zangge Mining for 137.29 billion RMB aims to leverage Zangge's expertise in salt lake development and lithium extraction [2] - Aorui Jin's acquisition of 75.56% of COFCO Packaging for approximately 56.30 billion RMB will enhance its product line in domestic packaging [2] VC/PE Activity - There were 34 M&A exit events in April, totaling 1.209 billion RMB, indicating increased activity in VC/PE exits [3] - Notable exits included Huahai Qingke's acquisition of a 6.67% stake in Chipwave Semiconductor, yielding a return multiple of 4.08 times [3] Market Outlook - Despite a decline in transaction numbers, the M&A market shows resilience with a growth in transaction value, indicating structural vitality [3] - The increase in VC/PE exit activity is expected to inject new vitality into the capital market, supporting industry development [3]

威领新能源股份有限公司 监事会决议的公告 证券代码：002667 证券简称：威领股份 公告编号：2025—030 第七届监事会第九次会议决议的公告 本公司及监事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 威领新能源股份有限公司（以下简称"公司"）第七届监事会第九次会议（以 下简称"本次会议"）于 2025 年 4 月 27 日 11 点 00 分在公司会议室以通讯的方 式召开。本次会议的通知已于 2025 年 4 月 23 日以通讯、邮件等方式发出。本次 监事会会议应到监事 3 名，实到监事 3 名。本次会议由监事会主席马津卓先生主 持，董事会秘书李佳黎先生列席了本次会议。本次监事会会议的召开符合《公司 法》等法律、法规和《公司章程》的规定，合法有效。 二、监事会会议审议情况 威领新能源股份有限公司 威领新能源股份有限公司 监事会 股孙公司参与竞买湖南临武嘉宇矿业有限责任公司 74.3%股权的议案》 经审议，公司监事会同意公司控股孙公司天津长领矿业合伙企业（有限合 伙）参与竞买湖南临武嘉宇矿业有限责任公司 74.3%股权的事项。 具体内容详见刊 ...

智利国家铜业公司选择力拓(RIO.N)作为马里昆加锂项目的合作伙伴，后者将为该项目投资高达9亿美 元。 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 与此同时，在政策的支持与鼓励下，注销式回购也逐渐成为上市公司优化股权结构、提升公司价值的重要手段。 多名受访人士认为，上市公司回购股份的行为，既能向市场传递股价被低估的信号、增强投资者信心，又能优化 公司股本结构、提高治理水平，是公司实现价值提升的重要途径。随着资本市场的发展，上市公司对回购的认识 和运用也将更加成熟，未来回购热潮有望持续。 银行专项贷支持回购 近段时间以来，A股市场持续传递出积极向好的信号，多家上市公司连续不断地发布大规模的股票回购计划公 告，向外界传递出积极的信号。这一市场行为，不仅为投资者注入了一针强心剂，也为整个资本市场的稳定奠定 了坚实基础。 近日，时创能源对外发布了回购报告书，公司拟使用自有及自筹资金以不超过21.33元/股回购股份，回购股份金 额为3000万元至6000万元。同时，公司已收到兴业银行股份有限公司常州分行出具的《贷款承诺函》，该行承诺 提供贷款额度不超过人民币5000万元的股票回购专项贷款。 无独有偶，同日盛景微也发布公告称，公司董事会第九次会议审议通过了《关于以集中竞价交易方式回购公司股 份方案的议案》。本次回购的 ...

以下文章来源于紫金天风期货研究所 ，作者有色组 紫金天风期货研究所 . 紫金天风期货研究所官方订阅号 文 | 刘诗瑶 来源 | 紫金天风期货研究所 编辑 | 杨兰 审核 | 浦电路交易员 近期几内亚铝土矿频频搅动市场，本文详细列出了今年几内亚和澳大利亚有增量预期的矿 山，以及其中大型矿山目前的发运量。最终得出结论：如果当前撤销许可证范围内的矿企 实现停产，我们仍能维持2024年报"海外新增矿石产量满足海内外氧化铝投产需求"的观 点。但应注意，后续几内亚政府仍有扩大撤销矿山许可证范围的风险；其次，此次行情原 因除近期基本面好转之外，盘面参与资金的多元化也成为影响本次反弹力度和时长的重要 影响因素。 01 市场对几内亚一事的反映 近期几内亚撤销铝土矿一事让市场情绪一再发酵，近远期合约接连涨停。那么今年几内亚铝土 矿的供应到底如何？ 图1：氧化铝2509合约走势图 数据来源：紫金天风期货研究所 02 今年海外矿山增量预期如何？ 我们详细梳理了今年几内亚和澳大利亚两大主要进口国的矿山后，仍然维持2025年二季报 中"海外新增矿石产量满足海内外氧化铝投产需求"的观点。 | 所属国家 | 矿区名称 | 所属公司名称 | ...

Core Viewpoint - The shift from "land finance" to "mineral finance" by local governments to alleviate fiscal pressure raises concerns about market distortion and the potential negative impact on private mining enterprises [1][3]. Group 1: Government Actions - Local governments are transitioning to mineral finance due to declining land transfer revenues amid real estate market adjustments and urbanization slowdowns [1]. - Some local governments are requiring private mining companies to accept state-owned investment platforms as shareholders or controlling entities to obtain or renew mining rights [1][2]. - A specific case shows a state-owned enterprise controlling seven mining companies, with eight having a 51% or greater stake [1]. Group 2: Industry Impact - Private mining companies report that they are pressured to allow state-owned companies to take control in exchange for mining rights, leading to a lack of investment security and innovation [3]. - The practice of linking mining rights renewal to state capital participation is seen as a violation of anti-monopoly laws and undermines the legal protections for private enterprises [3][4]. Group 3: Regulatory Concerns - Experts warn that the current practices contradict the principles of the new Mineral Resources Law, which aims to protect property rights and ensure fair competition [3][4]. - There is a noted double standard in environmental enforcement, where private companies face stricter regulations compared to state-owned enterprises [3]. Group 4: Recommendations - To address these issues, it is suggested that the government should adhere to the rule of law, establish fair competition in mining rights allocation, and create a transparent approval process [4]. - Encouraging technological innovation in private enterprises to reduce environmental costs is also recommended [4].

Group 1 - The main contract for alumina opened slightly lower but remained stable above the 3000 mark, with a significant increase observed in the previous night session [2] - Guinea's government has revoked mining licenses for 46 companies, signaling a warning to large mining operators, although these companies are not major producers in Guinea's mining sector [2][3] - The Axis mining area has been ordered to halt operations, affecting an annual capacity of approximately 40 million tons, with the recovery timeline currently unknown [3] Group 2 - Guinea exported approximately 146.4 million tons of bauxite last year, with expectations to exceed 200 million tons this year, representing a 35% increase from the previous record [3] - Domestic alumina production is expected to increase to 86.96 million tons in May, with a production volume of 7.35 million tons, reflecting a month-on-month growth of 3.5% and a year-on-year growth of 5.2% [4] - The alumina operating rate has decreased by 2.66% to 77.02%, with maintenance activities reported in several regions [4] Group 3 - Recent data indicates a weekly decrease in alumina inventory by 36,900 tons, while social inventory has increased slightly [5] - Analysts suggest that the recent revocation of mining licenses and production cuts may lead to a potential upward trend in alumina prices, despite the risk of oversupply due to increased imports [6][7] - The market is expected to maintain a strong price trend for alumina in the short term, with prices projected to range between 2850 and 3050 yuan per ton [7][8]