11月27日，四川黄金涨5.43%，截至发稿，报28.55元/股，成交3.23亿元，换手率4.07%，总市值119.91 亿元。 截至发稿，刘庭宇累计任职时间2年107天，现任基金资产总规模213.54亿元，任职期间最佳基金回报 90.56%， 任职期间最差基金回报1.57%。 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，四川黄金股份有限公司位于四川省成都市高新区天泰路145号，成立日期2006年8月16日，上 市日期2023年3月3日，公司主营业务涉及主要从事金矿的采选及销售,主要产品为金精矿和合质金。主 营业务收入构成为：金精矿100.00%。 从四川黄金十大流通股东角度 数据显示，永赢基金旗下1只基金位居四川黄金十大流通股东。黄金股ETF（517520）三季度新进十大 流通股东，持有股数276.35万股，占流通股的比例为0.96%。根据测算，今日浮盈赚取约406.23万元。 黄金股ETF（517520）成立日期2023年10月24日 ...

2025 年 11 月 25 日投资者关系活动记录表 | | 特定对象调研 ☑ | □分析师会议 | | --- | --- | --- | | 投资者关系 | □媒体采访 | □业绩说明会 | | 活动类别 | □新闻发布会 | □路演活动 | | | □现场参观 | | | | □其他 （请文字说明其他活动内容） | | | 活动参与人 | 中信证券、中信自营、招银理财、中庚基金、丹羿投资、北京金阳矿业、华源 | | | 员 | 证券 | | | 时间 | 2025 年 11 月 25 日 | 15:00-16:50 | | 地点 | 上市公司会议室 | | | | 董事长：翁占斌 | | | 上市公司接 | 董事、总经理：汤磊 | | | 待人员姓名 | 财务总监：杨丽敏 | | | | 副总经理、董事会秘书：孙铁明 | | | | 党支部副书记：王怀斌 | | | | 交流主要内容如下： | | | 投资者关系 活动主要内 | 1.瓦图科拉金矿的排水情况？之前长期水淹是否影响作业面？ | | | 容 介 绍 | 回复：瓦图科拉金矿随着泵房等相关设备陆续得到更新与改造，排水能力得到 | | | | 了一 ...

2、公司注册地址为四川省凉山彝族自治州木里藏族自治县乔瓦镇龙钦街26号 3、公司属于国有企业。公司的最终控制人为四川省地质矿产勘查开发局。 来源：新浪证券-红岸工作室 11月25日，四川黄金涨2.87%，成交额3.15亿元，换手率3.99%，总市值114.58亿元。 异动分析 黄金概念+西部大开发+国企改革 1、公司主要从事金矿的采选及销售。公司的主要产品为金精矿、合质金。经过多年发展，公司已成为 国内主要的金矿采选企业之一，系中国黄金协会理事单位，被评为国家级绿色矿山企业、四川省重点黄 金生产企业。 区间今日近3日近5日近10日近20日主力净流入-571.63万-1577.64万-103.68万-5353.23万-1.47亿 主力持仓 主力没有控盘，筹码分布非常分散，主力成交额7725.55万，占总成交额的3.73%。 (免责声明：分析内容来源于互联网，不构成投资建议，请投资者根据不同行情独立判断) 资金分析 今日主力净流入-571.63万，占比0.02%，行业排名9/11，连续3日被主力资金减仓；所属行业主力净流入 1.97亿，当前无连续增减仓现象，主力趋势不明显。 技术面：筹码平均交易成本为27.92元 ...

Group 1 - The core point of the news is that southbound funds have increased their holdings in Zijin Mining International (02259.HK) by 875,100 shares on November 21, 2025, marking a significant interest from investors [1] - Over the past five trading days, there have been three days of net increases in holdings, totaling 829,400 shares [1] - In the last twenty trading days, there were 17 days of net increases, with a cumulative net increase of 18,332,300 shares [1] Group 2 - As of November 21, 2025, southbound funds hold a total of 48,537,600 shares of Zijin Mining International, which represents 1.8% of the company's issued ordinary shares [1] - The total number of shares held by southbound funds has fluctuated, with a decrease of 208,600 shares on November 20, 2025, and an increase of 688,000 shares on November 18, 2025 [2] - Zijin Mining International is primarily engaged in the exploration, mining, processing, and sales of gold and non-ferrous metals, focusing on products such as gold bars, refined gold, and gold concentrates [2]

Core Viewpoint - Shan Jin International's stock price increased by 5.03% to 21.10 CNY per share, with a trading volume of 670 million CNY and a market capitalization of 58.589 billion CNY [1] Company Overview - Shan Jin International Gold Co., Ltd. is located in Beijing and was established on June 18, 1999, with its listing date on June 8, 2000. The company primarily engages in precious and non-ferrous metal mining and trading, focusing on gold mining and producing refined gold [1] - The revenue composition of the company includes: copper trading (33.67%), refined gold (32.30%), silver trading (17.01%), tin ingot trading (7.17%), lead-zinc concentrate with silver (4.79%), zinc concentrate (1.55%), zinc ingot trading (1.14%), lead concentrate (0.85%), refined gold with silver (0.79%), aluminum ingot trading (0.67%), and others (0.05%) [1] Fund Holdings - One fund under China Europe Fund has a significant holding in Shan Jin International. The fund, China Europe CSI Hong Kong and Shanghai Gold Industry Stock Index Initiation A (021873), increased its holdings by 99,800 shares in the third quarter, bringing the total to 211,800 shares, which accounts for 5.04% of the fund's net value, making it the sixth-largest holding [2] - The fund has a current scale of 36.309 million CNY and has achieved a return of 67.72% this year, ranking 151 out of 4208 in its category. Over the past year, it has returned 61.3%, ranking 203 out of 3956, and since inception, it has returned 50.78% [2] Fund Manager Information - The fund manager of China Europe CSI Hong Kong and Shanghai Gold Industry Stock Index Initiation A is Zhao Ziheng, who has been in the position for 282 days. The total asset size of the fund is 164 million CNY, with the best return during his tenure being 16.05% and the worst being -1.83% [3]

Core Insights - Southbound funds increased their holdings in Zijin Gold International (02259.HK) by 68,800 shares on November 18, 2025, marking a 0.14% increase in total holdings [1] - Over the past five trading days, there have been net increases in holdings for four days, totaling 1,823,600 shares [1] - In the last 20 trading days, there were net increases in holdings for 19 days, amounting to 31,565,200 shares [1] - As of now, southbound funds hold a total of 48,143,500 shares in Zijin Gold International, representing 1.79% of the company's issued ordinary shares [1] Summary by Category Trading Activity - On November 18, 2025, total shares held reached 48,143,500, with a change of 68,800 shares [2] - On November 17, 2025, total shares held were 48,074,700, with a change of 366,500 shares [2] - On November 14, 2025, total shares held were 47,708,200, with a change of 320,900 shares [2] - On November 13, 2025, total shares held were 47,387,300, with a change of 19,500 shares [2] - On November 12, 2025, total shares held were 47,367,800, with a change of 1,047,900 shares [2] Company Overview - Zijin Gold International is primarily engaged in the exploration, mining, processing, and sales of gold and non-ferrous metals [2] - The company mainly sells products such as gold bars, refined gold, and gold concentrates [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Wanguo Gold Group Limited 萬國黃金集團有限公司 (於開曼群島註冊成立之有限公司) (股份代號: 3939) 自願公告 金岭礦採選工程可研報告摘要 本公告乃由萬國黃金集團有限公司（「本公司」），及其附屬公司（統稱「本集團」） 自願作出。 茲提述本公司日期為2025年5月1日之公告（「該公告」），內容有關（其中包括）擴 建可行性研究。除另有界定外，本公告所用詞彙與該公告所界定者具有相同涵義。 董事會欣然向本公司股東（「股東」）及潛在投資者提供紫金(廈門)工程設計有限公司 編制的有關所羅門群島金岭金礦採選工程初步设计的摘要。 項目介紹 本集團擁有 98%的祥符金岭礦業有限公司的股份，其持有所羅門金岭金礦有限公司 90%的權益。目前金岭金礦由本集團運營管理。 位置與交通 所羅門群島，是南太平洋的一個島國，位於太平洋西南部，屬美拉尼西亞群島，西南距 澳大利亞 1,600km，西距巴布亞紐幾 ...

Core Viewpoint - Shan Jin International's stock price has experienced fluctuations, with a year-to-date increase of 33.89% but a recent decline in the last five and twenty trading days [1] Company Overview - Shan Jin International is primarily engaged in precious and non-ferrous metal mining and trading, with gold as its main product [1] - The company was established on June 18, 1999, and went public on June 8, 2000 [1] Financial Performance - For the period from January to September 2025, Shan Jin International reported a revenue of 14.996 billion yuan, representing a year-on-year growth of 24.23% [2] - The net profit attributable to shareholders for the same period was 2.460 billion yuan, showing a year-on-year increase of 42.39% [2] Shareholder Information - As of September 30, 2025, the number of shareholders increased by 18.50% to 43,700 [2] - The average number of circulating shares per shareholder decreased by 15.61% to 57,784 shares [2] Dividend Distribution - Shan Jin International has distributed a total of 5.982 billion yuan in dividends since its A-share listing, with 2.568 billion yuan distributed in the last three years [3] Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited is the third-largest circulating shareholder, increasing its holdings by 9.2006 million shares [3] - The top ten circulating shareholders include various ETFs, with some increasing and others decreasing their holdings [3]

四川黄金今年以来股价涨31.99%，近5个交易日跌1.34%，近20日跌2.37%，近60日涨16.77%。 今年以来四川黄金已经1次登上龙虎榜，最近一次登上龙虎榜为4月11日，当日龙虎榜净买入2122.34万 元；买入总计1.97亿元 ，占总成交额比12.71%；卖出总计1.76亿元 ，占总成交额比11.34%。 资料显示，四川黄金股份有限公司位于四川省成都市高新区天泰路145号，成立日期2006年8月16日，上 市日期2023年3月3日，公司主营业务涉及主要从事金矿的采选及销售,主要产品为金精矿和合质金。主 营业务收入构成为：金精矿100.00%。 11月17日，四川黄金盘中下跌2.05%，截至11:25，报27.23元/股，成交1.64亿元，换手率2.07%，总市值 114.37亿元。 资金流向方面，主力资金净流出1109.57万元，特大单买入521.70万元，占比3.19%，卖出1107.29万元， 占比6.77%；大单买入2658.64万元，占比16.25%，卖出3182.62万元，占比19.46%。 分红方面，四川黄金A股上市后累计派现3.36亿元。 机构持仓方面，截止2025年9月30日，四川黄 ...

Core Viewpoint - The stock of Shanjin International has experienced a decline of 2.02% on November 17, with a current price of 20.39 CNY per share, reflecting a market capitalization of 56.617 billion CNY. The company has seen a year-to-date stock price increase of 35.89% but has faced recent declines over various trading periods [1]. Financial Performance - For the period from January to September 2025, Shanjin International reported a revenue of 14.996 billion CNY, representing a year-on-year growth of 24.23%. The net profit attributable to shareholders was 2.460 billion CNY, marking a 42.39% increase compared to the previous year [2]. - The company has distributed a total of 5.982 billion CNY in dividends since its A-share listing, with 2.568 billion CNY distributed over the last three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Shanjin International increased by 18.50% to 43,700, while the average circulating shares per person decreased by 15.61% to 57,784 shares [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 76.4162 million shares, an increase of 9.2006 million shares from the previous period. Other notable shareholders include Huatai-PB CSI 300 ETF and Gold Stock ETF, with varying changes in their holdings [3]. Market Activity - On November 17, the stock saw a trading volume of 280 million CNY, with a turnover rate of 0.54%. The net outflow of main funds was 2.112 million CNY, with significant buying and selling activity from large orders [1]. - The stock has experienced a decline of 5.16% over the last five trading days and a 10.77% decline over the last 20 days, while showing a 12.34% increase over the last 60 days [1]. Business Overview - Shanjin International, established on June 18, 1999, and listed on June 8, 2000, is primarily engaged in the mining and trading of precious and non-ferrous metals, with gold as its main product. The revenue composition includes copper trading (33.67%), gold (32.30%), silver trading (17.01%), and other metal trades [1]. - The company operates within the non-ferrous metals sector, specifically focusing on precious metals and gold, and is associated with various concept sectors including Shandong State-owned Assets and value growth [2].