长沙晚报掌上长沙1月29日讯（全媒体记者 刘军）截至29日，已经有多只贵金属板块个股发布2025年业 绩预告，并且全部预喜。在该板块上，有两只湘股：湖南黄金与湖南白银。两只湘股的业绩预告都为业 绩大幅上升。 今年来，黄金白银价格不断上涨，也带动股价大幅上涨。其实，贵金属板块去年良好的业绩为今年上涨 埋下了伏笔。晓程科技28日晚发布公告称，预计2025年归属于上市公司股东的净利润为9000万元至1.3 亿元，同比增长93.32%至179.24%。公司表示，报告期内，黄金产量、销量以及国际金价均较上年同期 有所增加，经营环境较好，使得公司收益增加。非经常性损益对净利润的影响约为3700万元至5500万 元，主要是债券利息收入、债务重组损益、其他符合非经常性损益定义的损益项目形成。 28日晚，白银龙头股湖南白银发布公告称，预计2025年实现归属于上市公司股东的净利润为2.85亿元至 3.85亿元，同比增长67.88%至126.78%。公司表示，报告期内，公司主要产品白银、黄金的产量有较大 幅度增长，贵金属白银、黄金市场价格整体上行，销售价格随市场同步提升。同时，管理层进一步聚焦 主业，积极推进精细化管理、降本增效和 ...

Market Overview - On January 15, A-shares opened lower and then experienced slight gains before declining, with the Shanghai Composite Index down 0.6% at 4101.52 points, the Shenzhen Component down 0.44% at 14186.11 points, and the ChiNext Index down 1.02% at 3314.88 points. The total trading volume in the Shanghai and Shenzhen markets reached 1.87 trillion yuan, with over 3600 stocks declining [1] Sector Performance - The tourism and hotel sector showed strong performance, with stocks like Zhongxin Tourism hitting a two-day limit up and Shaanxi Tourism reaching the daily limit [4] - The precious metals sector was active, with Sichuan Gold nearing the daily limit and other stocks like Chifeng Gold and Hunan Silver following suit. Recent news indicated that spot silver prices surged over 7%, reaching a historical high of $93 per ounce, while spot gold also hit a record high of $4643 per ounce [2] - The lithium battery sector strengthened, with Tianhong Lithium rising over 14% and other companies like Tianji Co. and Huasheng Lithium also seeing gains. The price of industrial-grade lithium carbonate increased by 36.71% from the beginning of the month, reaching 160,000 yuan per ton [3] - The smart driving sector saw a rise, with stocks like Suoling Co. hitting the daily limit. The Shanghai Municipal Economic and Information Commission announced plans for the large-scale application of high-level autonomous driving by 2027 [6] Institutional Insights - CITIC Securities noted that despite recent regulatory measures to cool the market, overall trading activity remains high, with key indicators like daily trading volume and margin financing balances above long-term averages. The firm expects continued benefits for securities companies and a potential for revenue diversification and quality improvement [7] - CITIC Jiantou highlighted that the mid-term "stock-bond seesaw" effect will further support A-share performance, with macro liquidity showing characteristics of "internal and external easing resonance" [9] - Huatai Securities reported that the innovative drug sector is experiencing a liquidity recovery, with significant growth in BD transactions compared to the previous year, indicating a potential bullish trend for innovative drugs [10]

12月22日，贵金属集体大涨，多个品种创新高。截至10:00，现货黄金日内涨超1%，突破4380美元关 口，报4383美元/盎司，再创历史新高。现货白银涨破68美元/盎司关口，刷新历史高点，日内涨超2%， 年内累涨约1.37倍。沪银期货主力合约一度涨超5%，突破16000元/千克关口，续创历史新高，今年迄今 累计涨超114%。 | 名称 | 现价 | 涨跌幅 ▼ | | --- | --- | --- | | 盛达资源 | 32.12 | 6.08% | | 湖南日银 | 6.63 | 6.08% | | 西部黄金 | 27.82 | 5.10% | | 紫金矿业 | 32.62 | 4.82% | | 中金黄金 | 23.89 | 4.46% | | 山东黄金 | 37.93 | 4.15% | | 贵研铂业 | 19.47 | 3.84% | | 赤峰黄金 | 33.15 | 3.76% | | 晓程科技 | 30.00 | 3.56% | | 四川黄金 | 29.20 | 3.40% | | 招金黄金 | 13.80 | 3.14% | | 恒邦股份 | 13.31 | 2.62% | | 湖南黄金 | ...

Market Performance - The three major indices showed mixed results on December 10, with the Shanghai Composite Index down 0.23%, the Shenzhen Component up 0.29%, and the ChiNext Index down 0.02% [2] - Over 2,300 stocks in the two markets saw gains, with a total trading volume of approximately 1.78 trillion yuan [2] Sector Highlights - The Hainan sector performed strongly, with notable gains from companies such as Kangzhi Pharmaceutical (300086.SZ) up over 15%, and others like Xinlong Holdings (000955.SZ) and Haima Automobile (000572.SZ) rising by 10% [2] - The retail sector also showed strength, with companies like Zhongbai Group (000759.SZ) and Yonghui Supermarket (601933.SH) increasing by 10% [2] Economic Indicators - The National Bureau of Statistics reported that the consumer price index rose by 0.7% year-on-year in November 2025, marking the highest increase since March 2024 [3] - The Ministry of Commerce announced plans to accelerate the development of new consumption formats and improve the international consumption environment [3] Precious Metals and Real Estate - The precious metals sector was active, with companies like Hunan Silver (002716.SZ) and Western Gold (601069.SH) seeing price increases [4] - Market expectations are high for a 25 basis point rate cut by the Federal Reserve on December 11, which could support gold prices [4] - The real estate sector saw significant gains, with Vanke A (000002.SZ) and others rising by 10% [4] Debt and Market Sentiment - Vanke's first bondholder meeting for "22 Vanke MTN004" was held to discuss bond extension matters, which is considered crucial for the company's financial relief [4] - Analysts noted strong market sentiment towards fiscal support for stabilizing the real estate market [5]

Group 1: Precious Metals Market - The precious metals sector continues to rise, with spot silver reaching a historic high of $57 per ounce, up over 1% on the day and more than 98% year-to-date [1] - COMEX silver has surpassed $58 per ounce, while SHFE silver has increased by over 6%, setting new records [1] - Gold prices are also rising, with NYMEX gold breaking through $4260 per ounce, up 0.12% on the day, and spot gold reaching $4228 per ounce [1] Group 2: Market Reactions and Trends - The market is reacting to increased expectations of a Federal Reserve rate cut in December, leading to a decline in the US dollar index [1] - A surge in precious metals prices has been observed alongside a broader market rally, including stocks, bonds, and commodities, as concerns over AI bubbles and economic growth have eased [4] - The CME Fed Fund futures indicate an over 80% probability of a 25 basis point rate cut by the Federal Reserve in December [5] Group 3: Cryptocurrency Market - Bitcoin has dropped to around $87,000, down over 4% in the day, while Ethereum has fallen to approximately $2,800, with a decline exceeding 5% [2][3] - In the last 24 hours, over 180,325 traders have been liquidated, with a total liquidation amount of $537 million [3]

Core Viewpoint - The Russian government has announced an extension of the temporary ban on the export of precious metal waste and scrap for an additional six months, now set to last until the end of May 2026 [1] Group 1: Ban Details - The extended ban will be in effect from December 1, 2025, to May 31, 2026 [1] - The ban includes not only precious metal waste and scrap but also metal waste and scrap coated with precious metals [1] - The ban does not apply to the export of cathode antimony ingots and samples extracted from batches of old precious metals exported from refineries, although there are weight restrictions on these exports [1]

Market Overview - A-shares experienced a significant rally on August 26, with the Shanghai Composite Index rising by 1.51% to 3883 points, marking a ten-year high. The Shenzhen Component Index increased by 2.26%, and the ChiNext Index rose by 3% [1][2] - The total market turnover reached 3.18 trillion yuan, an increase of 598.1 billion yuan from the previous trading day, setting a new high since 2022 [1] Sector Performance Rare Earth Sector - The rare earth stocks surged collectively following the introduction of a new regulatory framework for rare earth mining and separation, with companies like Jinkeli Permanent Magnet hitting the daily limit of 20% [4][5] - Key performers included Jinkeli Permanent Magnet (+20%), Huicheng Environmental Protection (+13.01%), and Fangbang Co. (+12.31%) [5] Alcohol Sector - The liquor stocks also saw a significant rise, with Shede Liquor reaching the daily limit of 10%. Other notable gainers included ShuiJingFang (+7.95%) and Luzhou Laojiao (+6.35%) [6][7] - Analysts suggest that the current market liquidity is boosting the valuation of the liquor sector, which had previously been undervalued [6] Precious Metals Sector - Precious metals stocks gained traction, with Hunan Silver and Hunan Gold both hitting the daily limit of 10%. Other companies like Zhongjin Gold and Shandong Gold also saw increases [8][9] - The market anticipates a 90% chance of a rate cut by the Federal Reserve in September, which is driving interest in gold as a safe-haven asset [9][10] CPO Sector - The CPO sector performed well, with companies like Robotech and Qiangrui Technology reaching the daily limit of 20%. Other firms such as Changxin Bochuang and Zhongji Xuchuang also saw significant gains [10][11] Satellite Navigation Sector - The satellite navigation sector experienced a boost, with companies like Kaipu Cloud and Aerospace Hongtu hitting the daily limit of 20%. The sector is expected to benefit from the upcoming issuance of satellite internet licenses [12][13] Individual Stock Highlights - Cambrian Technology saw a remarkable increase of over 11%, reaching a new historical high with a market capitalization of 579.39 billion yuan. Goldman Sachs raised its target price for Cambrian by 50% to 1835 yuan [16][20]

Core Viewpoint - The Ministry of Industry and Information Technology, along with nine other departments, has issued the "Implementation Plan for High-Quality Development of the Gold Industry (2025-2027)", emphasizing the need for coordinated policies across finance, investment, and industry to enhance the gold and silver industry [1] Group 1: Organizational Leadership - Strengthening organizational leadership by coordinating fiscal, financial, investment, and import-export policies with industrial policies [1] - Guiding key provinces to incorporate the main goals and tasks of the plan into local industrial planning and major project lists, with tailored policy measures [1] Group 2: Policy Support - Enhancing policy support by utilizing existing funding channels to support key technological breakthroughs in the gold and silver industry chain [1] - Conducting a new round of optimization and adjustment assessments for natural reserves with significant gold resource potential, exploring layered management in natural reserves [1] - Leveraging national industry-finance cooperation platforms to provide financing support for gold mining projects based on market-oriented and legal principles [1] Group 3: Development Environment - Creating a favorable development environment by utilizing industry organizations to research and formulate self-discipline conventions, guiding enterprises to operate in a standardized manner [1]

Core Insights - The company reported a significant increase in revenue and net profit for 2024, with total revenue reaching 13.59 billion yuan, up 67.6% year-on-year, and net profit attributable to shareholders at 2.17 billion yuan, up 52.6% year-on-year [1] - The company achieved a notable increase in gold production and sales, with gold production and sales reaching 8.04 tons and 8.05 tons respectively, representing year-on-year increases of 14.7% and 9.7% [2] - The company successfully completed the acquisition of Osino, adding 127.2 tons of gold resources and expected annual production of 5 tons, enhancing its asset scale and profit potential [3] Financial Performance - In Q4 2024, the company reported revenue of 1.51 billion yuan, with a year-on-year increase of 50% but a quarter-on-quarter decrease of 72.8% [1] - The company's net profit for Q4 2024 was 450 million yuan, reflecting a year-on-year increase of 45.7% but a quarter-on-quarter decrease of 31.7% [1] - The cost of gold production decreased significantly to 145 yuan per gram, down 31 yuan per gram year-on-year, while the unit selling price increased to 550 yuan per gram, up 100 yuan per gram year-on-year [2] Production and Efficiency - The company reported an increase in silver production and sales, with silver production at 196 tons and sales at 176 tons, showing a year-on-year increase of 1.6% and a decrease of 9.6% respectively [2] - The company achieved significant cost reduction and efficiency improvements through comprehensive cost-cutting initiatives across all operations [2] - The company plans to maintain gold production at no less than 8 tons in 2025, with other metals expected to match or exceed 2024 production levels [2] Strategic Developments - The completion of the Osino acquisition marks a significant step in the company's internationalization strategy, enhancing its resource base and production capabilities [3] - The company has adjusted its profit forecasts upward due to rising gold prices, projecting net profits of 2.9 billion, 3.1 billion, and 4.3 billion yuan for 2025-2027 [3] - The company maintains a strong investment rating, reflecting confidence in its growth potential and market conditions [3]

Core Viewpoint - Chifeng Jilong Gold Mining Co., Ltd. reported significant growth in its 2024 annual results, driven by increased gold production and prices, leading to a notable rise in revenue and net profit [1][2] Financial Performance - The company achieved an operating revenue of 9.026 billion RMB, a year-on-year increase of 24.99% [1][2] - The net profit attributable to shareholders reached 1.764 billion RMB, marking a substantial year-on-year increase of 119.46% [1][2] - Basic earnings per share were reported at 1.07 RMB [1] Production and Sales - Gold production for the year totaled 15.16 tons, reflecting a year-on-year growth of 5.60% [1] - Domestic mines contributed 3.91 tons, with a notable increase of 14.6% [1] - Overseas mines accounted for 11.25 tons, continuing to play a crucial supporting role [1] Cash Flow - The company generated free cash flow of 1.749 billion RMB, a remarkable increase of 279.22% [1] - Operating cash flow net amount reached 3.268 billion RMB, up by 48.34% year-on-year [1] Market Conditions - Domestic gold prices increased by 24% year-on-year, with an average price of 615 RMB per gram in the fourth quarter, up 30.6% year-on-year and 7.9% quarter-on-quarter [2] - The company sold 15.22 tons of gold in 2024, a year-on-year increase of 4.88% [2] Quarterly Performance - In the fourth quarter, the company reported operating revenue of 2.803 billion RMB, a year-on-year growth of 29.85% and a quarter-on-quarter increase of 38.3% [2] - The net profit for the fourth quarter was 659 million RMB, reflecting a year-on-year increase of 132.05% and a quarter-on-quarter increase of 67.02% [2] Key Contributors - Core net profit was significantly supported by Jilong Mining, which contributed 790 million RMB, including a 400 million RMB dividend from Wulong Mining, marking a 46% increase [2] - Other contributors included Wulong Gold (600 million RMB, +78%), Wanxiang Mining (490 million RMB, +89%), and Jinxing Resources (130 million RMB, +1771%) [2]