华源证券近日发布有色金属大宗金属周报：美联储降息预期扰动下，铜价震荡。本周伦 铜/沪铜/美铜涨跌幅为+1.13%/+0.11%/+0.95%。在上周铜232关税落地后以及美联储9月降息 预期扰动下，铜价迎来降波震荡。铜库存方面，三大交易所库存均回升，伦铜/纽铜/沪铜库 存分别为15.6万吨/26.4万短吨/8.2万吨，环比变化+10.0%/+1.7%/+12.9%。 投资要点： 铜：美联储降息预期扰动下，铜价震荡。本周伦铜/沪铜/美铜涨跌幅为 +1.13%/+0.11%/+0.95%。在上周铜232关税落地后以及美联储9月降息预期扰动下，铜价迎来 降波震荡。铜库存方面，三大交易所库存均回升，伦铜/纽铜/沪铜库存分别为15.6万吨/26.4 万短吨/8.2万吨，环比变化+10.0%/+1.7%/+12.9%。国内电解铜社会库存13.2万吨，环比 +10.65%。需求方面，本周铜下游需求回落，铜杆开工率68.86%，环降2.87pct。短期来看， 铜232关税不及预期背景下，铜价或迎来震荡偏弱。后续重点关注：1）9月美联储降息预 期；2）"弱现实"对铜价压制可能；建议关注：紫金矿业、洛阳钼业、金诚信、西部矿业。 ...

资金流方面，紫金矿业近5日主力资金流入2.93亿元，区间涨幅2.12%；近10日主力资金流入5086.28万 元，区间涨幅0.18%。 8月11日，沪深两融数据显示，紫金矿业上周累计获融资净卖出额12253.40万元，居两市第13位，上周 融资买入额10.00亿元，偿还额11.23亿元。 紫金矿业所属概念板块包括：有色金属、福建板块、2025中报预增、标准普尔、富时罗素、MSCI中 国、证金持股、沪股通、上证180_、上证50_、融资融券、机构重仓、基金重仓、HS300_、AH股、锂 矿概念、贬值受益、一带一路、小金属概念、央国企改革、黄金概念、稀缺资源。 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804次， 知识产权方面有商标信息491条，专利信息772条，此外企业还拥有行政许可314个。 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。 ...

Group 1 - The core viewpoint of the article highlights the recent financing activities of Luoyang Molybdenum Co., Ltd., which saw a net financing inflow of 72.1384 million yuan last week, ranking 102nd in the two markets [1] - The company had a total financing purchase amount of 748 million yuan and repayment amount of 676 million yuan during the same period [1] - Luoyang Molybdenum operates in various concept sectors including rare metals, phosphorus chemicals, and is included in several indices such as S&P, FTSE Russell, and MSCI China [1] Group 2 - Over the past five days, the main capital inflow for Luoyang Molybdenum was 316 million yuan, with a price increase of 4.03% [1] - In contrast, the company experienced a capital outflow of 446 million yuan over the past ten days, resulting in a price decline of 2.72% [1] - Luoyang Molybdenum was established in 1999 and primarily engages in the mining and selection of non-ferrous metals, with a registered capital of approximately 4.299 billion yuan [1] Group 3 - The company has made investments in 34 enterprises and participated in 205 bidding projects [1] - Luoyang Molybdenum holds 260 trademark registrations and 410 patent registrations, along with 215 administrative licenses [1] - The legal representative of the company is Liu Jianfeng [1]

Core Viewpoint - The legal opinion provided by Beijing Deheng (Jinan) Law Firm confirms the legality of the convening and holding of the 2025 Second Extraordinary General Meeting of Shareholders of Tibet Huayu Mining Co., Ltd. [1][3] Group 1: Meeting Procedures - The company convened the fifth session of the board of directors to approve the proposal for the 2025 Second Extraordinary General Meeting, scheduled for August 8, 2025 [3][4] - The notice for the meeting was published on July 24, 2025, meeting the requirement of a 15-day notice period prior to the meeting [3][4] - The notice included essential details such as meeting time, registration date, location, voting methods, and agenda [3][4] Group 2: Meeting Conduct - The meeting will be conducted using a combination of on-site and online voting methods [4][5] - The on-site meeting is set to take place at the company's Beijing branch at 14:30 on August 8, 2025 [5] - Online voting will be available through the Shanghai Stock Exchange trading system and internet voting platform, with specified voting times [5] Group 3: Attendance and Qualifications - A total of 1,035 shareholders and their proxies attended the meeting, representing 153,453,605 shares, which is 18.7146% of the total voting shares [6] - The meeting was convened by the company's board of directors, and all attendees held valid proof of attendance [6] Group 4: Voting Results - The voting results showed that 152,784,725 shares were in favor of the proposals, accounting for 99.5641% of the total votes cast [7] - Among the minority investors present, 72,344,581 shares voted in favor, representing 99.0838% of their total voting rights [7] Group 5: Conclusion - The legal opinion concludes that all aspects of the meeting, including convening, attendance, and voting procedures, comply with relevant laws and regulations, rendering the resolutions valid [7]

Core Viewpoint - The company plans to reappoint Xinyong Zhonghe Accounting Firm as its financial and internal control auditing institution for the year 2025, pending approval from the shareholders' meeting [1][6]. Group 1: Appointment of Auditing Firm - The proposed auditing firm is Xinyong Zhonghe Accounting Firm, established on March 2, 2012, and has previously engaged in securities service business [1][2]. - The firm reported a revenue of 4.054 billion yuan for 2024, with auditing revenue at 2.587 billion yuan and securities business revenue at 0.976 billion yuan [2]. - The firm has a total of 259 partners and 1,780 registered accountants, with over 700 accountants having experience in securities service [2]. Group 2: Audit Team Information - The proposed signing partner is Mr. Guo Yong, who has been in the auditing field since 2008 and has signed and reviewed over six listed company audits in the past three years [3][4]. - The independent review partner is Mr. Shao Lixin, who has been in the auditing field since 2000 and has signed and reviewed over five listed company audits in the past three years [4]. - The proposed signing registered accountant is Mr. Wei Sirui, who started auditing in 2020 and has signed one listed company audit report in the past three years [5]. Group 3: Audit Fee and Approval Process - The audit fee for 2025 is proposed to remain the same as the 2024 fee of 1.89 million yuan, with adjustments allowed only if there are significant changes in asset scale, capped at the asset scale increase [3][6]. - The audit and risk management committee approved the reappointment with unanimous support from all five members present [6]. - The board of directors also approved the reappointment with a unanimous vote of 10 in favor [6].

Company Overview - Haicheng Fusheng Mineral Products Trading Co., Ltd. has been established with a registered capital of 5 million RMB [1] - The legal representative of the company is Luo Jin [1] - The company is wholly owned by Anshan Fuyu Mining Sales Co., Ltd. [1] Business Scope - The business scope includes the sale of refractory materials, coal and its products, and non-metallic minerals and products [1] - The company is authorized to conduct business activities independently based on its business license, except for projects that require approval [1] Industry Classification - The company operates within the mining industry, specifically in the non-ferrous metal mining and selection sector [1] - The registered address is located in Lishucun, Mafeng Town, Haicheng City, Anshan, Liaoning Province [1] Company Type and Duration - The company is classified as a limited liability company (wholly owned by a legal entity) [1] - The business duration is set from August 7, 2025, with no fixed term [1] - The registration authority is the Haicheng Market Supervision Administration [1]

Group 1 - The core viewpoint of the news is that Yunnan Chihong Zinc & Germanium Co., Ltd. has shown a positive financial performance in the first quarter of 2025, with a revenue increase and stable profit growth [1] - As of August 8, 2025, the company's stock price closed at 5.69 yuan, with a trading volume of 675,000 hands and a transaction amount of 384 million yuan [1] - The company's latest financial report indicates total operating revenue of 5.144 billion yuan, a year-on-year increase of 10.10%, and a net profit attributable to shareholders of 494 million yuan, a year-on-year increase of 1.40% [1] Group 2 - The company has made investments in 27 enterprises and participated in 5,000 bidding projects, indicating active engagement in business expansion [2] - In terms of intellectual property, the company holds 98 trademark registrations and 927 patents, along with 234 administrative licenses [2] - The company's financial ratios include a current ratio of 0.812, a quick ratio of 0.466, and a debt-to-asset ratio of 27.71%, reflecting its financial health [1]

Core Viewpoint - Xiangtan Electric Chemical Co., Ltd. reported a mixed financial performance for Q1 2025, with revenue growth but a decline in net profit [1] Financial Performance - Total operating revenue for Q1 2025 reached 418 million yuan, representing a year-on-year increase of 16.15% [1] - Net profit attributable to shareholders was 47.33 million yuan, a decrease of 2.54% year-on-year [1] - Non-recurring net profit was 45.43 million yuan, down 5.91% year-on-year [1] - Current ratio stood at 1.409, quick ratio at 0.996, and debt-to-asset ratio at 37.00% [1] Stock Performance - As of August 8, 2025, the stock price closed at 13.05 yuan, down 0.23% [1] - The turnover rate was 2.4%, with a trading volume of 151,300 lots and a transaction amount of 197 million yuan [1] - Main funds experienced a net outflow of 19.58 million yuan, accounting for 9.93% of the transaction amount [1] Investment and Intellectual Property - The company has made investments in 13 enterprises and participated in 5,000 bidding projects [2] - It holds 3 trademark registrations and 67 patents, along with 84 administrative licenses [2] Company Overview - Xiangtan Electric Chemical Co., Ltd. was established in 2000 and is primarily engaged in the non-ferrous metal mining and selection industry [1] - The registered and paid-in capital of the company is 6.29 billion yuan [1]

经营范围含金属矿石销售；新型金属功能材料销售；非金属矿及制品销售；高性能有色金属及合金材料 销售；有色金属合金销售；建筑装饰材料销售；矿山机械销售；建筑材料销售；常用有色金属冶炼；轻 质建筑材料销售；五金产品零售；稀有稀土金属冶炼；有色金属合金制造；贵金属冶炼；选矿；选矿 （除稀土、放射性矿产、钨）；矿物洗选加工；金属切削加工服务；有色金属压延加工；固体废物治 理；货物进出口；进出口代理；技术进出口。（除依法须经批准的项目外，凭营业执照依法自主开展经 营活动） 企业名称临沧浩同工贸有限公司法定代表人方迎平注册资本2600万人民币国标行业采矿业>有色金属矿 采选业>常用有色金属矿采选地址云南省临沧市耿马傣族佤族自治县孟定镇清水河村委会清水河口岸标 准厂房综合楼2-1-318（临沧边境经济合作区孟定片区）企业类型有限责任公司(自然人投资或控股的法 人独资)营业期限2025-8-7至无固定期限登记机关临沧市市场监督管理局 序号股东名称持股比例1云南南禺山矿业有限责任公司100% 天眼查显示，近日，临沧浩同工贸有限公司成立，法定代表人为方迎平，注册资本2600万人民币，由云 南南禺山矿业有限责任公司全资持股。 来源： ...

最近A股市场热闹非凡，半导体、医疗器械、稀土永磁轮番上阵，上证指数四连阳，外资回流，私募加仓，一切看起来都很美好。但作为一个在量化投资领 域摸爬滚打多年的上海人，我深知这表面的繁华背后，藏着多少散户看不见的暗流涌动。 机构专家，有时候真的是"浆糊"，券商素来牛心熊胆，总要提示风险，但又说向好趋势不变。表面看，这就是浆糊，实际浆糊的背后，一些大实话不肯说， 说没有神秘感。就是为何大趋势不变，就是因为他们身处一线，自然清楚钱在不断通过ETF、私募、公募、重新激活的股民账户进来。 真正的风险，根本不是中报风险，而是你看不清具体的机构动作，导致了这么多股票， 二、定价权才是股市的本质 股市争夺的从来不是对错，而是定价权。没有定价权的一方，永远是被收割的韭菜。而定价权，永远掌握在机构手里。 机构投资者也是一百个心眼。但无论他们怎么玩花样，最终都要落实到交易行为上。这就好比黄浦江再浑浊，水质检测数据总能告诉你真相。 一、专家观点为何总是"浆糊"？ 最近中报预增概念炒得火热，但同样是预增股，「盛屯矿业」和「齐峰新材」的表现却天差地别。有人说是行业不同，有人说市场情绪使然。要我说，这些 都是表象。 上面两张图中的橙色柱体就是 ...