来源：金融界 资金流向方面，今日主力资金净流入3.05亿元，占比成交额27.35%。其中，超大单净流入3.71亿元、占 成交额33.28%，大单净流出6610.78万元、占成交额5.94%，中单净流出流出16478.55万元、占成交额 14.8%，小单净流出13972.63万元、占成交额12.55%。 金融界消息 截至2025年8月25日收盘，湖南白银（002716）报收于5.39元，上涨10.0%，换手率9.55%， 成交量211.00万手，成交金额11.14亿元。 通过天眼查大数据分析，湖南白银股份有限公司共对外投资了11家企业，参与招投标项目66次，知识产 权方面有商标信息36条，专利信息205条，此外企业还拥有行政许可114个。 湖南白银最新一期业绩显示，截至2025一季报，公司营业总收入18.90亿元、同比增长19.01%，归属净 利润2798.32万元，同比增长494.88%，扣非净利润2610.43万元，同比增长154.45%，流动比率1.054、速 动比率0.282、资产负债率46.88%。 天眼查商业履历信息显示，湖南白银股份有限公司，成立于2004年，位于郴州市，是一家以从事有色金 属冶炼 ...

上市公司：焦作万方（000612），铜陵有色（000630），合金投资（000633），中钨高新（000657）， 国城矿业（000688），北方铜业（000737），常铝股份（002160），东方锆业（002167），楚江新材 （002171），宝武镁业（002182），融捷股份（002192），海亮股份（002203） 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 数据来源：国家统计局，智研咨询整理 相关报告：智研咨询发布的《2025-2031年中国有色金属冶炼和压延加工行业市场动态分析及未来趋势 研判报告》 2025年1-5月，有色金属冶炼和压延加工业企业数（以下数据涉及的企业，均为规模以上工业企业，从 2011年起，规模以上工业企业起点标准由原来的年主营业务收入500万元提高到年主营业务收入2000万 元）为10611个，和上年同期相比，增加了641个，同比增长6.43%，占工业总企业的比重为2 ...

Core Insights - Zhongfu Industrial received a net financing inflow of 26.5048 million yuan last week, ranking 455th in the market [1] - The company operates primarily in the non-ferrous metal smelting and rolling processing industry, with a registered capital of 4.0079 billion yuan and paid-in capital of 1.7191 billion yuan [1] Financing and Market Activity - Last week, Zhongfu Industrial had a financing purchase amount of 168 million yuan and repayment amount of 142 million yuan [1] - Over the past 5 days, the main capital outflow was 33.7197 million yuan, with a decline of 2.24% [1] - Over the past 10 days, the main capital outflow was 91.6999 million yuan, with a decline of 2.39% [1] Company Profile - Established in 1997 and located in Zhengzhou, Zhongfu Industrial is involved in the non-ferrous metal industry [1] - The company has made investments in 25 enterprises and participated in 39 bidding projects [1] - It holds 10 trademark registrations and 222 patents, along with 53 administrative licenses [1]

Core Viewpoint - The company reported a significant increase in revenue and net profit for the first half of 2025, reflecting strong operational performance and market conditions in the non-ferrous metals industry [3][13]. Financial Performance - The company's operating revenue for the first half of 2025 was approximately 21.09 billion yuan, representing a 12.35% increase compared to the same period last year [3][13]. - The net profit attributable to shareholders was approximately 1.06 billion yuan, an increase of 32.76% year-on-year [3][13]. - The basic earnings per share rose to 0.626 yuan, up 30.25% from the previous year [3][13]. - The total assets at the end of June 2025 were approximately 36.86 billion yuan, a 0.59% increase from the end of the previous year [3][13]. Industry Overview - The company operates in the non-ferrous metals industry, specifically focusing on tin, zinc, copper, and indium mining, smelting, and processing [3][7]. - The non-ferrous metals industry in China is currently experiencing a phase of structural adjustment and innovation, with a focus on high-end development and green manufacturing [3][7]. - The overall industrial added value of the non-ferrous metals industry in China increased by 7.6% year-on-year in the first half of 2025, outperforming the average growth rate of the industrial sector [3][7]. Market Dynamics - Tin prices showed fluctuations in the first half of 2025, with an average price of 265,517 yuan per ton, up 5.70% year-on-year [3][7]. - The global supply of tin was unstable, influenced by geopolitical factors and changes in trade policies, affecting demand in various sectors such as consumer electronics and home appliances [4][6]. - The company holds a dominant position in the tin market, with a domestic market share of 47.98% and a global market share of 25.03% for 2024 [7][18]. Strategic Initiatives - The company is focused on enhancing its supply chain management and optimizing raw material procurement strategies to ensure stable production [12][13]. - Continuous investment in technology and innovation is a priority, with efforts to improve production efficiency and reduce costs [12][16]. - The company aims to strengthen its position as a leading supplier of tin and indium products globally, leveraging its comprehensive industry chain and resource advantages [16][20].

Group 1 - Yongzhen Technology (Wuhu) Co., Ltd. and Yongzhen Technology Co., Ltd. have obtained a patent for a "Photovoltaic Module Packaging Corner Installation Device" with the authorization announcement number CN223253446U, applied on September 2024 [1] - The patent includes a product transfer device with a transport roller line equipped with a lifting component, and a corner installation device with various components for handling corners [1] - Yongzhen Technology (Wuhu) Co., Ltd. was established in 2021, focusing on electricity and heat production and supply, with a registered capital of 500 million RMB [1] Group 2 - Yongzhen Technology Co., Ltd. was founded in 2016, primarily engaged in non-ferrous metal smelting and rolling processing, with a registered capital of approximately 237.26 million RMB [2] - The company has made investments in 12 enterprises and participated in 2,389 bidding projects, holding 241 patents and 91 trademark registrations [2] - Yongzhen Green Energy Materials Research Institute (Changzhou) Co., Ltd. was established in 2024, focusing on research and experimental development, with a registered capital of 10 million RMB [2]

金融界2025年8月23日消息，国家知识产权局信息显示，崇义章源钨业股份有限公司申请一项名为"一种 白钨矿制取仲钨酸铵的方法"的专利，公开号CN120518128A，申请日期为2025年06月。 天眼查资料显示，崇义章源钨业股份有限公司，成立于2000年，位于赣州市，是一家以从事有色金属冶 炼和压延加工业为主的企业。企业注册资本120141.7666万人民币。通过天眼查大数据分析，崇义章源 钨业股份有限公司共对外投资了9家企业，参与招投标项目70次，财产线索方面有商标信息21条，专利 信息427条，此外企业还拥有行政许可79个。 专利摘要显示，本发明属于钨冶炼技术领域，具体涉及一种白钨矿制取仲钨酸铵的方法，通过球磨以及 表面活性剂和稀盐酸酸洗的预处理把白钨精矿中的浮选剂和含磷等杂质从白钨矿表面洗出，从而有利于 白钨矿在酸洗过程中使矿中的含磷等杂质充分反应进入液相，对预处理后的白钨矿用盐酸进行两次酸分 解处理，把白钨矿中含磷等杂质洗出及钨酸晶格中夹杂的钾、钠置换出，达到深度除杂的效果，两次酸 分解所制取的精钨酸纯度高，氨溶后的氨溶液杂质均合格，蒸发结晶出来的仲钨酸铵可达到国标零级， 整个生产流程产生的废水量少， ...

Core Viewpoint - Shenzhen Zhongjin Lingnan Nonfemet Company Limited held its 41st meeting of the 9th Board of Directors on August 20, 2025, where the performance assessment plan for the leadership team for the year 2024 was approved unanimously by all attending directors [1][2]. Group 1 - The meeting was conducted via telecommunication and was attended by all 8 directors, meeting the legal quorum requirements [1]. - The performance assessment plan for the leadership team was passed with a unanimous vote of 8 in favor, with no votes against or abstentions [1].

Audit Report - The audit opinion states that the financial statements of Cayman Aluminum (Sanmenxia) Co., Ltd. fairly reflect the company's financial position and results of operations for the years ending December 31, 2022, 2023, 2024, and the period from January to April 2025 [1][2]. Financial Statements - The financial statements include consolidated and parent company balance sheets, income statements, cash flow statements, and changes in equity for the specified periods [1]. - The company reported revenues of RMB 23,744.36 million, RMB 25,162.85 million, and projected revenues for 2024 and 2025 [3][4]. Key Audit Matters - Revenue recognition is identified as a key audit matter due to the significant management judgment involved and the inherent risk of inappropriate revenue recognition to meet targets [4][5]. - Inventory net realizable value is also a key audit matter, with significant management estimates impacting the valuation of inventory [5][6]. Management Responsibilities - Management is responsible for preparing financial statements in accordance with accounting standards and ensuring the effectiveness of internal controls to prevent material misstatements due to fraud or error [7][8]. Company Overview - Cayman Aluminum (Sanmenxia) Co., Ltd. was established on June 9, 2003, with a registered capital of RMB 3,967.87 million, operating in the non-ferrous metal smelting and rolling processing industry [10]. - The company primarily engages in the production and sale of alumina, electrolytic aluminum, caustic soda, and gallium [10]. Accounting Policies - The financial statements are prepared based on the going concern assumption, with no significant doubts regarding the company's ability to continue operations in the next 12 months [10]. - The company follows specific accounting policies for financial instruments, inventory, fixed assets depreciation, and revenue recognition [10][11].

Group 1 - The transaction involves the acquisition of 99.4375% equity of Sanmenxia Aluminum by Jiaozuo Wanfang Aluminum Industry Co., Ltd from Hangzhou Jinjiang Group and other related parties [3][4] - Both the listed company and the target company are engaged in the aluminum smelting industry, with the listed company primarily producing aluminum liquid, aluminum ingots, and aluminum alloy products, while the target company focuses on alumina, electrolytic aluminum, caustic soda, and gallium [1][2] - The transaction is classified as a merger and acquisition within the same industry or upstream/downstream integration [2][3] Group 2 - The transaction constitutes a restructuring listing as the listed company has undergone a change in actual control within the last 36 months, with Mr. Dou Zhenggang becoming the actual controller [2][3] - The transaction involves the issuance of shares to acquire the equity of Sanmenxia Aluminum [4] - There are no ongoing investigations by the China Securities Regulatory Commission against the listed company as of the date of the review [4]

股票代码：000612 股票简称：焦作万方 上市地点：深圳证券交易所 焦作万方铝业股份有限公司 发行股份购买资产暨关联交易 报告书（草案）（摘要） 项目 交易对方 杭州锦江集团有限公司、杭州正才控股集团有限公 司、浙江恒嘉控股有限公司、杭州延德实业有限公 发行股份购买资产暨关联交易 司、曼联（杭州）企业管理合伙企业（有限合 伙）、甘肃东兴铝业有限公司等 19 名交易对方 独立财务顾问 签署日期：2025 年 8 月 声 明 本部分所述词语或简称与本报告书摘要"释义"所述词语或简称具有相同含义。 一、上市公司声明 本报告书摘要的目的仅为向公众提供有关本次重组的简要情况，并不包括重大资 产重组报告书全文的各部分内容。重组报告书全文同时刊载于深圳证券交易所网站。 公司及公司全体董事、高级管理人员保证上市公司及时、公平地披露信息，保证 本报告书摘要及其摘要内容的真实、准确、完整，不存在虚假记载、误导性陈述或者 重大遗漏，保证本报告书摘要所引用的相关数据的真实性和合理性，并对所提供信息 的真实性、准确性、完整性负相应的法律责任。 公司第一大股东及其一致行动人、全体董事、高级管理人员承诺：如本次交易所 披露或提供的信息涉 ...