Core Viewpoint - The report by Zhiyan Consulting highlights the competitive landscape and future trends of the non-metallic mineral products industry in China from 2025 to 2031, indicating a decline in export value for the non-metallic mining sector in 2025 [1] Industry Summary - In September 2025, the export value of the non-metallic mining sector in China was 250 million, representing a year-on-year decrease of 17.7% [1] - From January to September 2025, the cumulative export value for the non-metallic mining sector reached 2.25 billion, with a year-on-year decline of 8.2% [1] - A statistical chart from 2019 to September 2025 illustrates the export value trends in the non-metallic mining sector [1] Company Summary - Listed companies in the non-metallic mineral products sector include Changjiang Materials (001296), Power Diamond (301071), Suotong Development (603612), and others [1] - Zhiyan Consulting is recognized as a leading industry consulting firm in China, providing comprehensive industry research reports and tailored services to support investment decisions [1]

Core Points - The article discusses the regulatory issues and safety hazards associated with a limestone mining operation that was flagged for safety concerns by central ecological and environmental inspectors [1][2] - It highlights the improper mining practices and the failure of local government to adhere to regulations regarding the disposal of mined resources [2][3] - The article emphasizes the need for improved regulatory frameworks and enforcement mechanisms to prevent illegal mining activities and ensure ecological restoration [5][6] Summary by Sections Basic Case Facts - In 2022, a limestone mining operation was identified as having safety hazards and was required to rectify these issues, leading to the evaluation of mined resources and the collection of 4.8 million yuan in fees [1] - The local government later revoked the approval for the improper disposal of mined products and initiated accountability measures against responsible personnel [1] Cause Analysis - The mining operation was characterized by non-compliance with scientific mining methods, leading to safety hazards [2] - The local government failed to enforce regulations regarding the disposal of mined resources, resulting in a loss of state assets [2][3] Problem Extension - Historical mining operations have left behind ecological restoration challenges, with local governments often failing to manage leftover mined products properly [3] - There are instances of mining products being disposed of under the guise of land preparation or agricultural projects, violating regulations [3][4] Work Recommendations - The article suggests enhancing regulatory oversight by integrating modern technology and ensuring that all mining activities are conducted in compliance with legal frameworks [5][6] - It calls for a collaborative approach among various regulatory departments to ensure effective monitoring and enforcement of mining regulations [7][8]

Core Insights - The company reported a revenue of 2.758 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 50.73% [1] - The net profit attributable to shareholders decreased to 236 million yuan, reflecting a year-on-year decline of 5.88% [1] - The non-recurring net profit was 231 million yuan, showing a year-on-year decrease of 8.05% [1] - The basic earnings per share stood at 0.28 yuan [1]

Core Insights - Recently, Tongling Wanjiao Mining Co., Ltd. was established with a registered capital of approximately 280 million RMB, focusing on the sale of metal ores and materials, as well as investment activities [1] Company Information - The legal representative of Tongling Wanjiao Mining Co., Ltd. is Wang Xiaoxing [1] - The company is jointly held by Wanhua Chemical (Yantai) Battery Industry Co., Ltd. and Tongling Chemical Group Xinqiao Mining Co., Ltd. [1] - The company is registered under the non-metallic mining industry [2] Business Scope - The business scope includes the sale of metal ores, metal materials, investment activities using self-owned funds, and the sale of chemical products (excluding licensed chemical products) [2] - Additional activities include the sale of non-metallic minerals and products, high-purity elements and compounds, as well as technical services, development, consulting, and transfer [2]

Core Viewpoint - The article highlights the transformation of solid mining operations in Nanjing towards green mining practices, emphasizing ecological restoration and the integration of technology in mining processes [1][2][3] Group 1: Green Mining Initiatives - Nanjing has established six solid mining operations as green mines, with five included in the national green mine list, reflecting a commitment to sustainable practices [1] - The Nanjing Zhonglian Cement Company's limestone mine has implemented a dynamic restoration model since 2017, focusing on simultaneous mining and ecological restoration [1][2] - The company has invested over 80 million yuan in ecological restoration, creating a scenic area with over 50 species of ornamental plants and trees, contributing to carbon offsetting [2] Group 2: Technological Integration - The company is leveraging IoT, digitalization, and 5G technology to develop smart mining operations, featuring drone surveillance, electronic fencing, and intelligent monitoring systems [2] - The application of smart devices has led to cleaner production processes and comprehensive utilization of all excavated materials [2] Group 3: Regulatory Support and Planning - The Nanjing Municipal Bureau of Planning and Natural Resources is promoting green mining through the "Nanjing Mineral Resources Overall Planning (2021-2025)," focusing on resource development, protection, and the integration of green mining practices [3] - The planning aims to create a model of ecological mining where mines coexist harmoniously with green spaces [3]

近日，浙江湖州公共资源交易中心发布浙江省湖州市吴兴区美妆小镇建筑用石料（凝灰岩）矿综合开发利用项目一期基建工程总承包招标文件公示。 浙江省湖州市吴兴区美妆小镇建筑用石料（凝灰岩）矿综合开发利用项目，投资估算约699807.36万元，其中建安工程造价约20000.5万元，建设规模：矿区 面积约2.4118平方千米，矿区范围内共计出让资源量约28790.3万吨，生产规模990万吨/年。 2024年11月4日，浙江当地国企湖州吴兴宝易矿业有限公司以近35.22亿元竞得该矿权矿。政策处理费用合计约15.78万元。据了解，矿区周边水运条件优越， 政府承诺提供配套的专用码头供竞得人使用。矿产品采用廊道输送方式由矿区J28点附近下穿104国道及长深高速至东苕溪码头。 根据矿山地形地貌特点和防排水条件，确定该矿分两期进行开采。本次招标为一期基建工程施工，开采范围共有19个拐点圈定，面积0.7322km2。包括但不 限于运输道路及作业平台、道路附属设施、场地石方工程、矿区生产附属设施等开采基础及配套设施施工。建设地点：东林镇南山村-埭溪镇小羊山村境 内。 计划工期： 日历天(具体开工日期以开工令为准)。 责编 | 王焱 · 校 ...

2025年10月23日，龙高股份(605086.SH)发布2025年三季报。 公司营业总收入为2.06亿元，较去年同报告期营业总收入减少2605.28万元，同比较去年同期下降11.23%。归母净利润为7996.93万元，较去年同报告期归母 净利润减少1631.18万元，同比较去年同期下降16.94%。经营活动现金净流入为7642.14万元，较去年同报告期经营活动现金净流入减少4562.28万元，同比较 去年同期下降37.38%。 公司最新资产负债率为4.93%，较上季度资产负债率增加0.12个百分点，较去年同期资产负债率减少1.59个百分点。 公司最新毛利率为58.16%，较上季度毛利率增加1.08个百分点，较去年同期毛利率减少5.69个百分点。最新ROE为6.26%，较去年同期ROE减少1.64个百分 点。 公司摊薄每股收益为0.45元，较去年同报告期摊薄每股收益减少0.09元，同比较去年同期下降16.67%。 公司最新总资产周转率为0.15次，较去年同期总资产周转率减少0.02次，同比较去年同期下降13.71%。最新存货周转率为3.53次，较去年同期存货周转率减 少0.12次，同比较去年同期下降3.42% ...

Core Insights - Longgao Co., Ltd. (605086.SH) reported a revenue of 206 million yuan for the first three quarters of 2025, representing a year-on-year decline of 11.23% [1] - The net profit attributable to shareholders of the listed company was 79.97 million yuan, down 16.94% year-on-year [1] - The net profit after deducting non-recurring gains and losses was 68.88 million yuan, a decrease of 22.08% year-on-year [1] - The basic earnings per share stood at 0.45 yuan [1]

Core Viewpoint - Jin Yan High-tech, established in 2012, focuses on the mining, research, and deep processing of coal-based kaolin, holding a 19.1% market share in precision casting materials in China as of 2024 [3]. Company Overview - Jin Yan High-tech is headquartered in Huaibei, Anhui, and has a full value chain layout from raw materials to finished products [3]. - The company’s main product, molybdenum materials for precision casting, is crucial for high-end manufacturing sectors such as aerospace and automotive [3]. - The business of refractory molybdenum materials has seen rapid growth, with revenue share increasing from 3.2% in 2022 to 23.5% in the first five months of 2025 [3]. Market Strategy - The company is shifting its focus to the Hong Kong stock market after previously attempting to list on the North Exchange, aligning with a trend of new three-board companies seeking listings in Hong Kong [3]. - Jin Yan High-tech is indirectly controlled by the Anhui Provincial State-owned Assets Supervision and Administration Commission, which supports its compliance and resource acquisition [3]. Financial Information - The company plans to use the funds raised from its IPO for deep processing projects, R&D center construction, repaying bank loans, and supplementing operating capital [4]. - Financial projections indicate that Jin Yan High-tech expects to achieve revenue of 267 million yuan and a net profit of 52.6 million yuan in 2024, with 105 million yuan in revenue and 18.03 million yuan in net profit in the first five months of 2025 [4]. Challenges - The average selling price of the core product, precision casting molybdenum materials, has decreased by nearly 16% over the past three years [4]. - The only kaolin mine operated by the company has an estimated remaining service life of about 16 years based on current production capacity [4]. - The company's debt-to-asset ratio has increased from 16.2% in 2022 to 42.3% in 2024, raising concerns about its ability to overcome resource and profit volatility [4].

上市公司：长江材料（001296），力量钻石（301071），索通发展（603612），石英股份（603688）， 坤彩科技（603826），龙高股份（605086），联瑞新材（688300），齐鲁华信（830832），秉扬科技 （836675），天马新材（838971），东方碳素（832175），宁新新材（839719） 2016-2025年1-8月非金属矿采选业企业数统计图 数据来源：国家统计局，智研咨询整理 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。 相关报告：智研咨询发布的《2026-2032年中国黑色金属矿采选业行业市场全景调查及投资前景预测报 告》 2025年1-8月，非金属矿采选业企业数（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4008 个，和上年同期相比，减少了49个，同比下 ...