智通财经APP获悉，周五，白银概念股普涨，科尔黛伦矿业(CDE.US)涨0.8%，赫克拉矿业(HL.US)涨 0.9%，Endeavour Silver(EXK.US)涨超2.9%，First Majestic Silver(AG.US)涨超3%，泛美白银(PAAS.US) 涨超4%。消息面上，现货白银首破100美元大关，日内涨幅近4%，正式迈入"三位数时代"。开年不到 一个月，其涨幅已逼近40%。这主要得益于投资者对避险资产的青睐、美元的疲软以及强劲的工业需 求。盛宝银行的分析师Ole Hansen表示："势头显然已成为这一行情的重要组成部分，FOMO(错失恐惧) 心理发挥了显著作用，因为价格正进入未知领域。"但他同时指出："如果将这轮上涨简单地视为纯粹的 投机行为，那将是一个错误。" ...

普拉博沃指出，法治是营造良好投资环境的基础，印尼政府在自然资源领域的执法行动不存在任何妥协 空间。"没有公平公正的法治，就不会有投资。法治必须凌驾于任何既得利益之上。"他说。 普拉博沃表示，上任以来，政府已查封约400万公顷非法种植园和矿区，并决定吊销或没收28家企业的 经营许可，涉及土地面积超过101万公顷。他强调，这些企业存在在受保护森林内非法经营等违法行 为，是对国家主权和法治的公然破坏。 新华财经雅加达1月23日电（记者冯钰林）印度尼西亚总统普拉博沃·苏比延多22日在瑞士达沃斯出席世 界经济论坛年会期间表示，印尼政府已关闭全国约1000处非法矿场，并将继续严厉打击自然资源和环境 领域的违法行为，坚决维护法治。 （文章来源：新华财经） 据了解，非法采矿活动往往无视安全和环保标准，易引发洪水和山体滑坡等自然灾害。印尼国家灾害管 理署数据显示，去年底苏门答腊岛发生的洪水和山体滑坡已造成约1200人死亡，还有大量居民被迫撤离 并安置在临时避难点。 ...

（文章来源：证券日报） 证券日报网讯 1月23日，西部矿业在互动平台回答投资者提问时表示，截至1月20日，公司股东总户数 为12.76万户。 ...

新京报贝壳财经讯1月23日，国城矿业（000688）公告，预计2025年度归母净利润为10亿元–11.2亿元。 公司完成国城实业60%股权的收购，相关数据纳入公司合并报表。国城实业2025年度预计实现净利润 11-12亿元。公司完成对赤峰宇邦矿业有限公司65%股权的出售并确认相应的投资收益，影响归属于上 市公司股东的净利润约6.58亿元。 ...

AI基金南方创新经济灵活配置混合（001053）披露2025年四季报，第四季度基金利润3620.01万元，加权平均基金份额本期利润0.0422元。报告期内，基金 净值增长率为1.93%，截至四季度末，基金规模为19.57亿元。 该基金属于灵活配置型基金。截至1月22日，单位净值为2.55元。基金经理是章晖，目前管理的5只基金近一年均为正收益。其中，截至1月22日，南方成安 优选灵活配置混合近一年复权单位净值增长率最高，达59.49%；南方创新经济灵活配置混合最低，为53.83%。 基金管理人在四季报中表示，本基金在四季度超配了有色和通信行业，取得了正收益，跑赢了业绩基准，但同样超配的医药行业的下跌也拖累了净值表现。 目前国内宏观整体平稳，叠加流动性较为充裕的支撑，市场外部环境总体较好。我们目前看好的行业主要包括：1.资源，复杂的国际政治经济形势使得实物 资产的价值愈发稀缺，各国资本开支增加也有利于资源品的需求端，根据各主流矿业公司的展望，预计主要资源品的供给增加依然不多。2. 光通信。AI 叙 事可能面临着更多的争议，但仍然有更多的证据表明行业仍在健康发展，在相关子行业中，光通信是目前中国厂商最具备全球比较优 ...

Group 1 - The core viewpoint of the article indicates that ST Xinhua Jin (600735) is expected to report a net loss attributable to shareholders of the parent company ranging from -142 million to -95 million yuan for the fiscal year 2025 [1] - The company, Haizheng Graphite, has not completed the necessary procedures for mining operations, including obtaining land use rights, safety production permits, and environmental impact assessment approvals, which prevents it from commencing mining activities in the short term [1]

Core Viewpoint - The UAE Ministry of Investment and the government of Uzbekistan have signed a memorandum of understanding to promote sustainable development and modernization in Uzbekistan's mining sector [1] Group 1: Collaboration Areas - The cooperation will cover exploration, development, and downstream processing and manufacturing [1] - A collaborative mechanism involving government, regulatory bodies, and the private sector will be established to support foreign direct investment and public-private partnership models [1] Group 2: Infrastructure Development - The agreement will prioritize the advancement of supporting infrastructure in areas such as electricity, renewable energy, power distribution networks, water resources, and logistics [1]

国城矿业公告称，2025年预计归属于上市公司股东的净利润为10-11.2亿元，上年同期（重组后）盈利 4.53亿元，上年同期（重组前）亏损1.13亿元，实现扭亏为盈。业绩变动主要因完成国城实业60%股权 收购，其预计实现净利润11-12亿元；出售赤峰宇邦矿业65%股权确认投资收益约6.58亿元。不过，全资 子公司国城钛业所处行业产品售价低，影响公司净利润。扣非后预计亏损2.3-2.9亿元。 ...

Report Industry Investment Rating No relevant content provided. Core Viewpoints - The main contract price of rebar fluctuated higher with a daily increase of 0.58%, volume increased and positions decreased. Currently, rebar supply has rebounded to a high level while demand is weak, the fundamentals continue to deteriorate, and steel prices are under pressure during the off - season. The relatively positive factor is that the futures price has fallen close to the valley - electricity cost, increasing the downward resistance. It is expected to continue the low - level oscillatory trend, and attention should be paid to inventory changes [5]. - The main contract price of hot - rolled coil fluctuated higher with a daily increase of 0.52%, both volume and positions expanded. At present, the supply pressure of hot - rolled coil remains, the demand resilience is weakening, industrial contradictions are likely to accumulate again, and prices are under pressure. The relatively positive factor is that speculative demand is acceptable, and the short - term price will continue to oscillate. Attention should be paid to demand changes [5]. - The main contract price of iron ore strengthened with a daily increase of 1.21%, both volume and positions expanded. Currently, the shipments of miners have seasonally declined, but inventories are high, the supply pressure is not relieved, and demand is weak. The fundamentals of iron ore have not improved, and ore prices are still likely to be under pressure. The relatively positive factors are pre - holiday steel mill restocking and the warming of commodity sentiment. It is expected that ore prices will show an oscillatory and stable trend, and attention should be paid to steel mill restocking [5]. Summary by Directory 1. Industry Dynamics - In 2025, the fixed - asset investment in Xiongan New Area increased by 14% year - on - year. The coordinated development of Beijing - Tianjin - Hebei has deepened. In 2025, Hebei's fixed - asset investment increased by 6.1% year - on - year, and the investment of construction projects worth over 100 million yuan increased by 9.6% year - on - year, driving the province's investment growth by 6.5 percentage points [7]. - According to the Passenger Car Association, the retail sales of narrow - sense passenger cars in January are expected to be 1.8 million units, and new energy vehicles are expected to reach 800,000 units. Affected by the halving of purchase tax subsidies, the car market started weakly at the beginning of January, but gradually recovered. The monthly retail market is expected to be 1.8 million units, a month - on - month decrease of 20.4% and a year - on - year slight increase of 0.3% [7]. - In the fourth quarter of 2025, Fortescue's iron ore production was 49.8 million tons, a 2% decrease both quarter - on - quarter and year - on - year. The shipment volume was 50.5 million tons, a 1% increase quarter - on - quarter and a 2% increase year - on - year [8]. 2. Spot Market - The spot prices of rebar, hot - rolled coil, Tangshan billet, Zhangjiagang heavy scrap, and their price changes are provided. Also included are the prices and price changes of PB powder, Tangshan iron concentrate powder, freight, SGX swaps, and iron ore price index [9]. 3. Futures Market - The closing prices, price increases or decreases, trading volumes, volume differences, positions, and position differences of the main contracts of rebar, hot - rolled coil, and iron ore are presented. The rebar contract closed at 3,142 with a 0.58% increase, the hot - rolled coil contract closed at 3,305 with a 0.52% increase, and the iron ore contract closed at 795.0 with a 1.21% increase [11]. 4. Related Charts - **Steel Inventory**: Charts show the weekly changes and total inventory (including steel mills and social inventory) of rebar and hot - rolled coil, as well as the inventory of 45 ports of iron ore [13][14][17]. - **Iron Ore Inventory**: Charts present the inventory of 45 ports of iron ore, the iron ore inventory of 247 steel mills, and the iron concentrate powder inventory of domestic mines [21][22][24]. - **Steel Mill Production**: Charts display the blast furnace operating rate and capacity utilization rate of 247 sample steel mills, the operating rate of 87 independent electric furnaces, the proportion of profitable steel mills among 247 steel mills, and the profit and loss situation of 75 independent electric arc furnace steel mills for building materials [26][28][32]. 5. Market Outlook - **Rebar**: Supply has increased to a high level while demand is weak, the fundamentals continue to deteriorate, and prices are under pressure during the off - season. The futures price near the valley - electricity cost provides downward resistance. It is expected to continue the low - level oscillatory trend, and attention should be paid to inventory changes [33]. - **Hot - rolled Coil**: Supply pressure remains, demand resilience is weakening, industrial contradictions are likely to accumulate again, and prices are under pressure. The relatively positive factor is acceptable speculative demand. The short - term price will continue to oscillate, and attention should be paid to demand changes [33]. - **Iron Ore**: Miners' shipments have seasonally declined, inventories are high, supply pressure is not relieved, and demand is weak. The fundamentals have not improved, and prices are still likely to be under pressure. The relatively positive factors are pre - holiday steel mill restocking and the warming of commodity sentiment. It is expected that prices will show an oscillatory and stable trend, and attention should be paid to steel mill restocking [34].

通过所选区间该基金净值增长率分位图，可以观察该基金与同类基金业绩比较情况。图为坐标原点到区间内某时点的净值增长率在同类基金中的分位数。 AI基金兴业国企改革混合A（001623）披露2025年四季报，第四季度基金利润241.87万元，加权平均基金份额本期利润0.0433元。报告期内，基金净值增长 率为1.67%，截至四季度末，基金规模为1.44亿元。 该基金属于灵活配置型基金。截至1月21日，单位净值为2.65元。基金经理是刘方旭，目前管理的4只基金近一年均为正收益。其中，截至1月21日，兴业睿 进混合A近一年复权单位净值增长率最高，达30.97%；兴业龙腾双益平衡混合最低，为9.16%。 基金管理人在四季报中表示，2026年一季度，A股市场有望延续震荡上行趋势。下一阶段，本基金将精选估值合理的价值类和顺周期类资产作为基础配置， 力争通过精选个股来实现稳定收益。 截至1月21日，兴业国企改革混合A近三个月复权单位净值增长率为1.42%，位于同类可比基金1074/1286；近半年复权单位净值增长率为8.07%，位于同类可 比基金986/1286；近一年复权单位净值增长率为15.52%，位于同类可比基金997/1 ...