每经AI快讯，海南矿业（SH 601969，收盘价：11.91元）11月21日晚间发布公告称，截至本公告披露 日，公司以集中竞价交易方式累计回购股份约35万股，占公司总股本比例为0.017%，回购的最高成交 价格为人民币11.91元/股，最低成交价格为人民币7.91元/股，已支付的资金总金额为人民币约343万 元。 每经头条（nbdtoutiao）——展望"十五五" | 专访黄群慧：既要重视AI赋能千行百业，也要考量其对就业 的替代效应和带来的收入极化 （记者 王晓波） 截至发稿，海南矿业市值为238亿元。 2024年1至12月份，海南矿业的营业收入构成为：石油和天然气勘探开发及销售占比48.41%，铁矿石采 选和加工及销售占比37.0%，大宗商品贸易及加工占比10.5%，其他业务占比4.08%。 ...

11月20日，海南矿业涨5.48%，截至发稿，报13.28元/股，成交7.80亿元，换手率3.10%，总市值265.37 亿元。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 数据显示，国泰基金旗下1只基金位居海南矿业十大流通股东。国泰中证钢铁ETF（515210）三季度新 进十大流通股东，持有股数606.24万股，占流通股的比例为0.31%。根据测算，今日浮盈赚取约418.3万 元。 国泰中证钢铁ETF（515210）成立日期2020年1月22日，最新规模36.6亿。今年以来收益29.07%，同类 排名1604/4208；近一年收益26.37%，同类排名1524/3971；成立以来收益70.94%。 国泰中证钢铁ETF（515210）基金经理为吴中昊。 截至发稿，吴中昊累计任职时间3年298天，现任基金资产总规模253.91亿元，任职期间最佳基金回报 77.87%， 任职期间最差基金回报-13.36%。 资料显示，海南矿业股份有限公司位于海南省澄迈 ...

博时裕益混合A（000219）基金经理为王冠桥。 截至发稿，王冠桥累计任职时间2年118天，现任基金资产总规模1.28亿元，任职期间最佳基金回报 50.21%， 任职期间最差基金回报11.3%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 11月17日，大中矿业涨6.37%，截至发稿，报29.87元/股，成交1.23亿元，换手率0.32%，总市值450.45 亿元。 资料显示，大中矿业股份有限公司位于内蒙古自治区包头市黄河大街55号，成立日期1999年10月29日， 上市日期2021年5月10日，公司主营业务涉及铁矿石采选、铁精粉和球团的生产销售以及机制砂石的加 工销售。主营业务收入构成为：铁精粉71.07%，球团20.48%，硫酸4.58%，砂石2.73%，其他0.81%，锌 精粉0.32%，锂矿石0.02%。 从基金十大重仓股角度 数据显示，博时基金旗下1只基金重仓大中矿业。博时裕益混合A（000219）三季度持有股数29.69万 股，占基金净 ...

新京报贝壳财经讯 11月12日，海南矿业公告称，公司于2025年11月12日召开董事会，审议通过调整回 购股份价格上限议案。鉴于近期股价超原上限，为保障回购顺利实施，拟将上限由10.01元/股（含）调 至14.26元/股（含），该价格不超董事会决议前30个交易日公司股票交易均价150%。除价格上限调整 外，方案其他内容不变。截至公告日，公司累计回购261,600股，占总股本0.013%，支付资金241.72万 元。调整后回购数量预计为535.16万股至1,061.10万股，约占总股本0.268%至0.531%。 ...

11月12日，海南矿业涨5.31%，截至发稿，报11.50元/股，成交5.40亿元，换手率2.44%，总市值229.80 亿元。 南方中证1000ETF（512100）成立日期2016年9月29日，最新规模766.3亿。今年以来收益28.07%，同类 排名1919/4216；近一年收益16.08%，同类排名2359/3937；成立以来收益13.33%。 南方中证1000ETF（512100）基金经理为崔蕾。 截至发稿，崔蕾累计任职时间7年7天，现任基金资产总规模1227.6亿元，任职期间最佳基金回报 179.77%， 任职期间最差基金回报-15.93%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 资料显示，海南矿业股份有限公司位于海南省澄迈县老城镇高新技术产业示范区海南生态软件园沃克公 园8801栋，成立日期2007年8月22日，上市日期2014年12月9日，公司主营业务涉及铁矿石采选、加工及 销售;石油、天然气勘探开发及销售;大宗商品贸易及加工 ...

Group 1 - Hainan Mining's trading volume reached 1.047 billion yuan, marking the highest level since December 14, 2021 [2] - The latest stock price increased by 8.78%, with a turnover rate of 4.65% [2] - The previous trading day's total transaction volume for the stock was 621 million yuan [2]

Core Viewpoint - The company, Jinling Mining, announced its ability to process and produce vanadium-titanium pellet ore through its subsidiary, Kashgar Jinling Pellet Co., Ltd, with specific production and sales targets for 2024 [1] Group 1 - The company plans to process 303,800 tons of vanadium-titanium pellet ore in 2024 [1] - The sales target for vanadium-titanium pellet ore in 2024 is set at 313,000 tons [1]

Group 1 - Hainan Mining's stock increased by 5.07% to 10.15 CNY per share, with a trading volume of 444 million CNY and a turnover rate of 2.26%, resulting in a total market capitalization of 20.282 billion CNY [1] - Hainan Mining Co., Ltd. is located in Haikou, Hainan Province, and was established on August 22, 2007, with its listing date on December 9, 2014. The company primarily engages in iron ore mining, oil and gas exploration, and commodity trading [1] - The revenue composition of Hainan Mining includes 40.82% from oil and gas, 28.72% from minerals, with iron ore mining accounting for 20.96%, commodity processing and trading for 7.76%, and other sources for 1.74% [1] Group 2 - Southern Fund's Southern CSI 1000 ETF (512100) is among the top ten circulating shareholders of Hainan Mining, having reduced its holdings by 156,400 shares in the third quarter, now holding 5.489 million shares, which is 0.28% of the circulating shares [2] - The Southern CSI 1000 ETF (512100) was established on September 29, 2016, with a current scale of 76.63 billion CNY, achieving a year-to-date return of 26.26% and a one-year return of 24.36% [2] - The fund manager of Southern CSI 1000 ETF (512100) is Cui Lei, who has been in the position for 7 years, with the fund's total asset scale at 122.76 billion CNY and a best return of 175.38% during the tenure [3]

Core Insights - The acquisition of the mining license for the Jijiao Mountain lithium mine in Hunan marks a significant milestone for the company, enhancing its "iron + lithium dual-drive" strategy [1][3] - The lithium resource at the Jijiao Mountain mine is estimated at 489 million tons, equivalent to approximately 3.2443 million tons of lithium carbonate, positioning the company among the leaders in domestic lithium resources [1][2] - The mining operation will utilize an open-pit and underground mining approach, with an open-pit capacity of 20 million tons per year and an underground capacity of 8 million tons per year, indicating substantial future production potential [1][2] Mining and Processing Technology - The company leverages its technical expertise in iron ore processing to implement a "strong magnetic tailings + flotation" method for the Jijiao Mountain lithium mine, which can remove 85% of waste rock and enhance lithium concentrate grade to 2.3% [2] - The first phase of the processing plant, with a capacity of 10 million tons per year, has been completed, and a 20,000 tons per year lithium carbonate smelting project is also in progress [2] - A new lithium extraction process using sulfuric acid has completed pilot testing, aiming for a lithium recovery rate of 90% and a 50% reduction in lithium slag, while also recovering potassium and other associated resources [2] Future Development and Strategy - The company plans to expedite the necessary procedures for mining, selection, and smelting production related to the Jijiao Mountain lithium mine, with the goal of achieving production as soon as possible [3] - The company’s iron ore reserves have increased to 690 million tons, with an iron ore production capacity of 14.8 million tons, indicating a strong foundation for its dual-drive strategy [2] - The total lithium carbonate equivalent from the company's lithium mining areas in Hunan and Sichuan exceeds 4.72 million tons, with significant potential for further resource expansion [2]

Investment Rating - The report assigns an "Accumulate" rating for the company, marking its first coverage [2]. Core Insights - The company reported a revenue of 3.025 billion yuan for the first three quarters of 2025, a year-on-year increase of 1.60%. However, the net profit attributable to shareholders decreased by 10.67% to 594 million yuan [5][18]. - The decline in performance is primarily attributed to the drop in iron concentrate prices, which fell by 10.59% year-on-year for the first three quarters [5][18]. - The company is focusing on its core iron ore business while developing lithium mining as a new growth driver, with significant resources and production capacity in both sectors [6][14]. Company Overview - The latest closing price of the company's stock is 15.04 yuan, with a total market capitalization of 22.7 billion yuan [4]. - The company has a debt-to-asset ratio of 57.8% and a price-to-earnings ratio of 29.49 [4]. Financial Performance - In Q3 2025, the company achieved a revenue of 1.053 billion yuan, with a net profit of 188 million yuan, reflecting a year-on-year increase of 4.88% in revenue but a decrease of 6.93% in net profit [5][18]. - The average price of iron concentrate decreased by 5.29% year-on-year in Q3 2025, although it showed a quarter-on-quarter increase of 3.35% [5][18]. Lithium Mining Development - The company owns two major lithium mines, with a total lithium resource of 530 million tons and a lithium carbonate equivalent of over 4.72 million tons [7][14]. - The Hunan Jijiashan lithium mine is set to invest 1.762 billion yuan in a project expected to process 20 million tons of multi-metal resources annually, with production anticipated to start in 2026 [7][15]. - The Sichuan Jiada lithium mine's extraction plan has been approved, aiming for an annual production capacity of 2.6 million tons, which can yield approximately 50,000 tons of lithium carbonate [7][15]. Profitability Outlook - The company expects steady growth in profitability, with projected revenues of 4.024 billion yuan in 2025, 4.322 billion yuan in 2026, and 5.018 billion yuan in 2027, reflecting year-on-year growth rates of 4.72%, 7.41%, and 16.10% respectively [9][11]. - The net profit attributable to shareholders is forecasted to be 799 million yuan in 2025, 859 million yuan in 2026, and 1.070 billion yuan in 2027, with corresponding growth rates of 6.41%, 7.44%, and 24.62% [9][11].