Core Viewpoint - Zijin Mining's stock price has experienced significant fluctuations, with a year-to-date increase of 94.19% but a recent decline of 5.43% over the past five trading days [2]. Financial Performance - For the period from January to September 2025, Zijin Mining achieved a revenue of 254.2 billion yuan, representing a year-on-year growth of 10.33%. The net profit attributable to shareholders was 37.864 billion yuan, showing a substantial increase of 55.45% compared to the previous year [2]. - The company has distributed a total of 59.277 billion yuan in dividends since its A-share listing, with 27.772 billion yuan distributed over the last three years [3]. Stock Market Activity - As of November 21, Zijin Mining's stock price was 28.39 yuan per share, with a market capitalization of 754.536 billion yuan. The trading volume was 5.46 billion yuan, with a turnover rate of 0.09% [1]. - There was a net outflow of 155 million yuan in principal funds, with large orders showing a buy of 184 million yuan and a sell of 237 million yuan [1]. Shareholder Structure - As of September 30, 2025, the number of shareholders increased to 529,800, reflecting a rise of 57.83% from the previous period. The average circulating shares per person remained at zero [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 1.354 billion shares, a decrease of 235 million shares from the previous period [3].

截至9月30日，紫金矿业股东户数52.98万，较上期增加57.83%；人均流通股0股，较上期增加0.00%。 2025年1月-9月，紫金矿业实现营业收入2542.00亿元，同比增长10.33%；归母净利润378.64亿元，同比 增长55.45%。 紫金矿业今年以来股价涨94.25%，近5个交易日跌4.12%，近20日跌5.49%，近60日涨38.00%。 资料显示，紫金矿业集团股份有限公司位于福建省上杭县紫金大道1号,福建省厦门市思明区环岛东路 1811号中航紫金广场B塔,香港九龙柯士甸道西1号环球贸易广场75楼7503A室，成立日期2000年9月6 日，上市日期2008年4月25日，公司主营业务涉及矿产资源勘查和开发。主营业务收入构成为：冶炼产 品60.94%，矿产品36.48%，其他16.83%，贸易8.02%。 紫金矿业所属申万行业为：有色金属-工业金属-铜。所属概念板块包括：钴镍、有色铜、黄金股、福建 国资、小金属等。 11月18日，紫金矿业盘中下跌2.00%，截至13:34，报28.40元/股，成交29.85亿元，换手率0.51%，总市 值7548.02亿元。 资金流向方面，主力资金净流出3.69亿 ...

Core Viewpoint - Zijin Mining's stock price has shown significant growth this year, with a year-to-date increase of 102.19%, despite a recent decline in trading [1][2]. Group 1: Stock Performance - As of November 11, Zijin Mining's stock price was 29.56 CNY per share, with a trading volume of 27.40 billion CNY and a market capitalization of 785.63 billion CNY [1]. - The stock experienced a net outflow of 1.98 billion CNY in principal funds, with large orders buying 8.00 billion CNY and selling 9.32 billion CNY [1]. - Over the past five trading days, the stock has increased by 2.71%, while it has risen by 47.58% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Zijin Mining reported a revenue of 254.20 billion CNY, representing a year-on-year growth of 10.33%, and a net profit attributable to shareholders of 37.86 billion CNY, up 55.45% year-on-year [2]. - The company has distributed a total of 59.28 billion CNY in dividends since its A-share listing, with 27.77 billion CNY distributed in the last three years [3]. Group 3: Shareholder Information - As of September 30, 2025, Zijin Mining had 529,800 shareholders, an increase of 57.83% from the previous period [2]. - The largest shareholders include Hong Kong Central Clearing Limited, holding 1.35 billion shares, which decreased by 235 million shares compared to the previous period [3].

截至发稿，胡崇海累计任职时间3年325天，现任基金资产总规模136.84亿元，任职期间最佳基金回报 76.86%， 任职期间最差基金回报2.72%。 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，国泰海通资管旗下1只基金重仓紫金矿业。国泰海通中证A500指数增强A（022467）三季度 增持2.32万股，持有股数86.42万股，占基金净值比例为1.16%，位居第十大重仓股。根据测算，今日浮 亏损失约133.96万元。 国泰海通中证A500指数增强A（022467）成立日期2024年12月17日，最新规模9.73亿。今年以来收益 27.26%，同类排名2073/4216；成立以来收益26.41%。 国泰海通中证A500指数增强A（022467）基金经理为胡崇海。 11月3日，紫金矿业跌5.08%，截至发稿，报28.95元/股，成交51.81亿元，换手率0.86%，总市值7694.21 亿元。 资料显示，紫金矿业集团股份有限公司位于福建省上杭县 ...

11月3日，紫金矿业跌5.08%，截至发稿，报28.95元/股，成交51.81亿元，换手率0.86%，总市值7694.21 亿元。 资料显示，紫金矿业集团股份有限公司位于福建省上杭县紫金大道1号,福建省厦门市思明区环岛东路 1811号中航紫金广场B塔,香港九龙柯士甸道西1号环球贸易广场75楼7503A室，成立日期2000年9月6 日，上市日期2008年4月25日，公司主营业务涉及矿产资源勘查和开发。主营业务收入构成为：冶炼产 品60.94%，矿产品36.48%，其他16.83%，贸易8.02%。 截至发稿，顾钰累计任职时间7年314天，现任基金资产总规模2.71亿元，任职期间最佳基金回 报-4.87%， 任职期间最差基金回报-28.04%。 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，诺德基金旗下1只基金重仓紫金矿业。诺德新享（004987）三季度减持4.2万股，持有股数 4.79万股，占基金净值比例为5.16%，位居第一大重仓股。根据测 ...

Core Viewpoint - Zijin Mining is a significant player in the global mining industry, focusing on mineral resource exploration and development, with a strong financial performance in 2025 Q3, ranking second in revenue and first in net profit within its industry [2][3]. Financial Performance - In Q3 2025, Zijin Mining reported a revenue of 254.2 billion yuan, ranking second in the industry, while the top competitor, Jiangxi Copper, achieved 396.05 billion yuan [2]. - The net profit for the same period was 45.7 billion yuan, leading the industry, with the second-place Luoyang Molybdenum reporting 16.49 billion yuan [2]. Profitability and Debt Management - The company's debt-to-asset ratio was 53.01% in Q3 2025, lower than the previous year's 55.38% and below the industry average of 54.12%, indicating improved debt management [3]. - Zijin Mining's gross profit margin was 24.93%, up from 19.53% year-on-year and significantly higher than the industry average of 10.36%, reflecting strong profitability [3]. Executive Compensation - Chairman Chen Jinghe's compensation for 2024 was 7.4752 million yuan, a decrease of 574,000 yuan from 2023 [4]. - President Zou Laichang received 7.2376 million yuan in 2024, down by 802,100 yuan from the previous year [4]. Shareholder Information - As of June 30, 2013, the number of A-share shareholders decreased by 1.30% to 893,900, with an average holding of 17,700 circulating A-shares, which increased by 1.31% [5]. - By September 30, 2025, major shareholders included Hong Kong Central Clearing Limited and China Securities Finance Corporation, with notable reductions in holdings for several ETFs [5]. Production and Cost Management - According to Zhongtai Securities, Zijin Mining experienced increases in both volume and price for its main products in the first three quarters of 2025, with stable cost management [6]. - The company is expected to achieve net profits of 51.4 billion, 66 billion, and 70.5 billion yuan from 2025 to 2027, maintaining a "buy" rating [6]. Market Outlook - Galaxy Securities noted that the gold segment contributed significantly to performance growth in Q3 2025, with increased production and sales prices for various mineral products [6]. - The company is projected to achieve net profits of 51.7 billion, 68.1 billion, and 75.2 billion yuan from 2025 to 2027, sustaining a "recommended" rating [6].

Core Insights - Zijin Mining experienced a 2.00% decline in stock price on October 22, with a trading volume of 9.159 billion yuan [1] - The company reported a net financing outflow of 416 million yuan on the same day, with total financing and securities balance reaching 7.531 billion yuan [1] - As of September 30, Zijin Mining achieved a revenue of 254.2 billion yuan, marking a year-on-year growth of 10.33%, and a net profit of 37.864 billion yuan, up 55.45% year-on-year [2] Financing and Margin Trading - On October 22, Zijin Mining had a financing buy-in of 661 million yuan, with a financing balance of 7.474 billion yuan, representing 1.23% of its market capitalization [1] - The financing balance is above the 90th percentile of the past year, indicating a high level of leverage [1] - The company also saw a securities lending activity with 308,400 shares repaid and 305,600 shares sold, totaling approximately 8.9999 million yuan in sales [1] Shareholder and Dividend Information - As of September 30, the number of shareholders increased to 529,800, a rise of 57.83% [2] - Since its A-share listing, Zijin Mining has distributed a total of 59.277 billion yuan in dividends, with 27.772 billion yuan distributed in the last three years [3] - Major shareholders include Hong Kong Central Clearing Limited, which holds 1.354 billion shares, a decrease of 235 million shares from the previous period [3]

Core Viewpoint - Zijin Mining experienced a stock price decline of 2.00% on October 16, 2023, with a current price of 30.36 CNY per share and a market capitalization of 806.895 billion CNY, despite a year-to-date increase of 107.66% [1] Financial Performance - For the first half of 2025, Zijin Mining reported a revenue of 167.711 billion CNY, reflecting a year-on-year growth of 11.50%, and a net profit attributable to shareholders of 23.292 billion CNY, which is a 54.41% increase compared to the previous year [2] Shareholder Information - As of June 30, 2025, the number of shareholders for Zijin Mining decreased to 335,700, a reduction of 9.27% from the previous period [2] - The company has distributed a total of 59.277 billion CNY in dividends since its A-share listing, with 27.772 billion CNY distributed over the last three years [3] Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited is the third-largest circulating shareholder, holding 1.589 billion shares, an increase of 227 million shares from the previous period [3] - Other significant institutional shareholders include Huaxia SSE 50 ETF, Huatai-PB CSI 300 ETF, and E Fund CSI 300 ETF, all of which have increased their holdings [3]

从基金十大重仓股角度 数据显示，东兴基金旗下1只基金重仓紫金矿业。东兴改革精选混合A（001708）二季度减持1500股， 持有股数5500股，占基金净值比例为6.29%，位居第一大重仓股。根据测算，今日浮亏损失约8745元。 东兴改革精选混合A（001708）成立日期2015年9月8日，最新规模162.56万。今年以来收益16.69%，同 类排名4962/8162；近一年收益11.74%，同类排名5600/8015；成立以来亏损10.5%。 东兴改革精选混合A（001708）基金经理为孙继青。 10月14日，紫金矿业跌5.08%，截至发稿，报29.71元/股，成交165.77亿元，换手率2.62%，总市值 7896.20亿元。 资料显示，紫金矿业集团股份有限公司位于福建省上杭县紫金大道1号,福建省厦门市思明区环岛东路 1811号中航紫金广场B塔,香港九龙柯士甸道西1号环球贸易广场75楼7503A室，成立日期2000年9月6 日，上市日期2008年4月25日，公司主营业务涉及矿产资源勘查和开发。主营业务收入构成为：冶炼产 品60.94%，矿产品36.48%，其他16.83%，贸易8.02%。 截至发稿，孙继青 ...

Group 1 - The core point of the article is that Zijin Mining has reported a total external guarantee amount of approximately RMB 38.383 billion, with 92.66% of this amount related to guarantees for wholly-owned and controlled subsidiaries [1] - The external guarantees account for 27.46% of the company's audited net assets attributable to shareholders for the year 2024, and there are no overdue external guarantees [1] - As of the report date, Zijin Mining's market capitalization stands at RMB 595.1 billion [1] Group 2 - For the first half of 2025, Zijin Mining's revenue composition is as follows: smelting products account for 60.94%, mining products for 36.48%, other for 16.83%, trade for 8.02%, and internal offsets for -22.26% [1]