截至发稿，华锡有色市值为222亿元。 每经AI快讯，华锡有色（SH 600301，收盘价：35.1元）发布公告称，2025年11月17日、11月18日，华 锡有色接受民生证券等投资者调研，公司董事长张小宁等人参与接待，并回答了投资者提出的问题。 2025年1至6月份，华锡有色的营业收入构成为：有色金属采选业占比92.96%，有色金属加工业占比 4.61%，服务行业占比2.43%。 每经头条（nbdtoutiao）——爱泼斯坦案文件解密倒计时，美国会"秒过"法案直通特朗普，引爆两党"极 限撕扯" （记者 张明双） ...

Core Viewpoint - The inflation data for October shows continued improvement, with CPI at 0.2% year-on-year, slightly above the model prediction of 0.16%, and PPI at -2.1%, better than the predicted -2.37% [1][6]. Inflation Data Summary - CPI and PPI data indicate a positive trend, with CPI showing a year-on-year increase of 0.2% and PPI at -2.1% [5][6]. - The simulated deflation index, based on CPI and PPI, stands at -0.72%, the highest since September of the previous year, excluding January [1][5]. - Core CPI, excluding food and energy, has expanded for six consecutive months, reaching 1.2% year-on-year in October, the highest since March 2024 [8][9]. Price Trends in Specific Categories - Notable price trends include: - Pork prices continue to decline, with a month-on-month decrease of 2.5% [11]. - Alcohol prices also fell by 0.1% month-on-month [11]. - Household appliance prices broke a three-month upward trend, decreasing by 0.7% month-on-month [11]. - Gold jewelry prices surged by 10.2% month-on-month, with a year-on-year increase of 50.3% [11][13]. - Medical service prices rose by 2.4% year-on-year, indicating a relatively high growth rate within CPI components [14]. Industrial Price Movements - Industrial prices show mixed trends: - Upstream production materials increased by 0.1% month-on-month, with mining industries up by 1.0% [15]. - Downstream consumer goods remained flat, with general daily necessities up by 0.7% [15]. - Durable goods, including automobiles and home appliances, saw a month-on-month decline of 0.3% [15][18]. Sector-Specific Insights - In specific sectors: - Upstream coal and non-ferrous metals experienced significant month-on-month increases [18]. - Midstream fuel processing and chemical industries faced declines, influenced by oil prices [18]. - Downstream automotive manufacturing showed a narrowing decline, while agricultural processing expanded its negative growth [18][19]. - Cement prices increased significantly due to policy-driven financial tools and the implementation of the revised Anti-Unfair Competition Law [21]. Future Price Trends - Looking ahead, pork prices are expected to stabilize, which may lead to a continued rebound in CPI year-on-year [21]. - The PPI base is slightly higher, with global pricing products presenting uncertainties; however, the cement price trend suggests a potential floor for construction product prices [21]. - Overall, the deflation index is anticipated to continue rising in the coming months, reflecting supply-demand dynamics that influence corporate profit margins and performance [21][4].

Group 1 - The company Chifeng Jilong Gold Mining Co., Ltd. (SH 600988) held its first board meeting of the ninth session on October 31, 2025, to discuss the election of the chairman of the board [1] - For the first half of 2025, the company's revenue composition was as follows: mining industry accounted for 74.56%, non-ferrous metal resource recycling accounted for 23.06%, and others accounted for 2.39% [1] - As of the report date, the market capitalization of Chifeng Jilong Gold was 56.6 billion yuan [1]

Company Overview - Huaxi Nonferrous Metals (SH 600301) announced a temporary board meeting on October 30, 2025, to discuss the adjustment of the audit committee members [1] - The company reported that from January to June 2025, its revenue composition was as follows: 92.96% from nonferrous metal mining, 4.61% from nonferrous metal processing, and 2.43% from the service industry [1] Industry Context - The news highlights the occurrence of "negative electricity prices" in multiple regions, raising questions about why power plants are reluctant to shut down despite not making profits from electricity sales [1]

证券代码：600301 证券简称：华锡有色 编号：2025-057 注：本报告期内，受矿山原矿品位下降、矿山环保治理、子公司更换采矿权 证补计提前期采矿权出让收益等因素影响，叠加锡锭及深加工产品的外购原料占 比提升，成本有所提高，导致锡、锌、铅锑主要产品毛利率下降。 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 根据上海证券交易所关于行业经营性信息披露的相关要求，广西华锡有色金 属股份有限公司（以下简称"公司"）现就 2025 年第三季度主要经营数据披露如 下： 一、 主营业务分行业分产品情况 单位：元 | | | 主营业务分行业情况 | | | | | | --- | --- | --- | --- | --- | --- | --- | | 分行业 | 2025 年 7-9 月 营业收入 | 2025 年 7-9 月 营业成本 | 毛利 率（%） | 营业收入 比上年同 | 营业成本 比上年同 | 毛利率比上 年同期增减 | | | | | | 期增减（%） | 期增减（%） | （%） | | 有色金属采 选业 | 1 ...

Core Insights - China Nonferrous Mining (01258) forecasts a profit attributable to shareholders of approximately $356 million for the nine months ending September 30, 2025, representing a year-on-year increase of about 13% driven by rising international copper prices and increased production and sales of cathode copper [1] Production and Sales Summary - The group produced approximately 107,700 tons of cathode copper (including copper product processing services) for the nine months ending September 30, 2025, marking a year-on-year increase of about 12% and achieving 77% of the annual production target [1] - The production of cathode copper from self-owned mines was approximately 63,900 tons, remaining stable compared to the same period last year [1] - The total production of crude copper and anode copper (including copper product processing services) reached approximately 307,600 tons, reflecting a year-on-year increase of about 7% and also achieving 77% of the annual production target [1] - The production of crude copper and anode copper from self-owned mines was approximately 54,200 tons, showing a year-on-year decrease of about 6% [1] - The group produced approximately 788,300 tons of sulfuric acid, which is a year-on-year increase of about 2%, achieving 79% of the annual production target [1] - The production of cobalt hydroxide (containing cobalt) was approximately 676 tons, representing a year-on-year decrease of about 12% and achieving 75% of the annual production target [1] - The production of liquid sulfur dioxide was approximately 1,442 tons, indicating a significant year-on-year decrease of about 90% and achieving only 14% of the annual production target [1]

Group 1 - The core point of the article is that Shengtun Mining announced it has not yet implemented its share repurchase plan as of August 31, 2025, and will consider executing the plan based on market conditions [2] Group 2 - The company will make decisions regarding the share repurchase plan in the future depending on market circumstances [2]

Group 1 - The company Huayu Mining (SH 601020) announced its fifth board meeting held on August 28, 2025, discussing the 2025 semi-annual report and its summary [1] - For the year 2024, the company's revenue composition includes: foreign non-ferrous metal mining accounting for 50.92%, mining enterprises for 48.54%, and other businesses for 0.54% [1]

Group 1 - The core viewpoint of the article is that Huaxi Nonferrous Metals (SH 600301) held its 20th meeting of the 9th board of directors on August 13, 2025, to review the semi-annual report for 2025 [1] - For the first half of 2025, the revenue composition of Huaxi Nonferrous Metals was as follows: 92.96% from nonferrous metal mining, 4.61% from nonferrous metal processing, and 2.43% from the service industry [1] - As of the report date, the market capitalization of Huaxi Nonferrous Metals was 16.3 billion yuan [1]

证券代码：600301 证券简称：华锡有色 编号：2025-049 | | | 主营业务分行业情况 | | | | | | --- | --- | --- | --- | --- | --- | --- | | | 2025 年 1-6 月 | 2025 年 1-6 月 毛利 | | 营业收入 | 营业成本 | 毛利率比上 | | 分行业 | | | | 比上年同 | 比上年同 | 年同期增减 | | | 营业收入 | 营业成本 | 率（%） | 期增减（%） | 期增减（%） | （%） | | 有色金属采 | 2,591,291,212.11 | 1,617,919,210.01 | 37.56 | 22.18 | 25.98 | 减少 1.89 个 | | 选业 | | | | | | 百分点 | | 有色金属深 | | | | | | 减少 16.97 | | 加工业 | 128,494,259.80 | 104,092,129.18 | 18.99 | 86.84 | 136.34 | 个百分点 | | 服务行业 | 67,598,955.18 | 51,830,801.58 | 23.33 | 5 ...