Core Insights - Shengda Resources has seen a stock price increase of 5.01% on November 28, reaching 26.42 CNY per share, with a trading volume of 345 million CNY and a turnover rate of 2.01%, resulting in a total market capitalization of 18.229 billion CNY. The stock has risen for three consecutive days, accumulating a total increase of 13.08% during this period [1] Company Overview - Shengda Metal Resources Co., Ltd. is located at 158 Nanfangzhuang, Fengtai District, Beijing, established on June 22, 1995, and listed on August 23, 1996. The company primarily engages in the production and sales of silver-lead concentrate and zinc concentrate, as well as non-ferrous metal trading. The revenue composition is as follows: lead concentrate (including silver) 46.04%, non-ferrous metal trading 23.91%, zinc concentrate (including silver) 20.44%, renewable energy metals 5.26%, silver ingots 2.28%, others 1.05%, and gold 1.02% [1] Fund Holdings - According to data from the top ten holdings of funds, one fund under China Merchants Fund has a significant position in Shengda Resources. The fund "China Merchants Anze Stable Profit 9-Month Holding Period Mixed A" (019698) increased its holdings by 266,800 shares in the third quarter, bringing the total to 372,600 shares, which accounts for 1.17% of the fund's net value, making it the largest holding. The estimated floating profit today is approximately 469,500 CNY, with a total floating profit of 1,084,300 CNY during the three-day increase [2] Fund Manager Performance - The fund managers of "China Merchants Anze Stable Profit 9-Month Holding Period Mixed A" are Teng Yue and Wang Juanjuan. As of the report, Teng Yue has a cumulative tenure of 8 years and 265 days, managing a total fund size of 24.98 billion CNY, with the best fund return during his tenure being 49.96% and the worst being -3.32%. Wang Juanjuan has a cumulative tenure of 3 years and 334 days, managing a total fund size of 28.123 billion CNY, with the best return of 21.9% and the worst return of 1.28% during her tenure [3]

Group 1 - The core point of the news is the performance and financial details of Shengda Resources, which saw a stock price increase of 5.02% to 25.33 CNY per share, with a trading volume of 596 million CNY and a market capitalization of 17.477 billion CNY [1] - Shengda Resources is primarily engaged in the production and sale of silver-lead concentrate and zinc concentrate, with its main revenue sources being lead concentrate (46.04%), non-ferrous metal trading (23.91%), zinc concentrate (20.44%), and other products [1] - The company is located in Fengtai District, Beijing, and was established on June 22, 1995, with its listing date on August 23, 1996 [1] Group 2 - Changjiang Asset Management has a fund that heavily invests in Shengda Resources, specifically the Changjiang Changhong Mixed Initiation A fund, which held 18,000 shares, accounting for 3.54% of the fund's net value [2] - The fund has a total scale of 12.6901 million CNY and has achieved a year-to-date return of 23.26%, ranking 3352 out of 8130 in its category [2] - The fund manager, Xiang Zhihui, has been in position for 2 years and 37 days, with the best fund return during his tenure being 12.58% [3]

Group 1 - The core point of the article highlights the recent decline in the stock price of Shengda Resources, which fell by 5.02% to 22.71 CNY per share, with a trading volume of 321 million CNY and a turnover rate of 2.08%, resulting in a total market capitalization of 15.669 billion CNY [1] - Shengda Resources, established on June 22, 1995, and listed on August 23, 1996, is primarily engaged in the production and sale of silver-lead concentrate and zinc concentrate, as well as non-ferrous metal trading [1] - The revenue composition of Shengda Resources includes: lead concentrate (including silver) 46.04%, non-ferrous metal trading 23.91%, zinc concentrate (including silver) 20.44%, renewable energy metals 5.26%, silver ingots 2.28%, others 1.05%, and gold 1.02% [1] Group 2 - From the perspective of fund holdings, only one fund under Industrial Bank has a significant position in Shengda Resources, specifically the Industrial Bank Zhi Yuan Mixed A Fund (015911), which held 46,400 shares in the third quarter, accounting for 3.13% of the fund's net value, making it the fourth-largest holding [2] - The Industrial Bank Zhi Yuan Mixed A Fund (015911) was established on November 29, 2022, with a latest scale of 29.8693 million CNY, achieving a year-to-date return of 33.9%, ranking 2033 out of 8136 in its category, and a one-year return of 29.41%, ranking 2137 out of 8056 [2] - The fund manager of Industrial Bank Zhi Yuan Mixed A is Chen Kaiyue, who has been in the position for 1 year and 339 days, with the fund's total asset size at 39.2375 million CNY, achieving a best return of 55.45% and a worst return of 53.96% during the tenure [3]

Company Overview - Shengda Resources Co., Ltd. is located in Fengtai District, Beijing, and was established on June 22, 1995, with its listing date on August 23, 1996. The company primarily engages in the production and sale of silver-lead concentrate and zinc concentrate, as well as non-ferrous metal trading [2]. - The revenue composition of Shengda Resources includes: lead concentrate (including silver) 46.04%, non-ferrous metal trading 23.91%, zinc concentrate (including silver) 20.44%, renewable metal 5.26%, silver ingots 2.28%, others 1.05%, and gold 1.02% [2]. Financial Performance - For the period from January to September 2025, Shengda Resources achieved operating revenue of 1.652 billion yuan, representing a year-on-year growth of 18.29%. The net profit attributable to the parent company was 323 million yuan, reflecting a year-on-year increase of 61.97% [2]. - Since its A-share listing, Shengda Resources has distributed a total of 1.298 billion yuan in dividends, with 120 million yuan distributed over the past three years [3]. Stock Performance - As of November 20, Shengda Resources' stock price decreased by 2.06%, trading at 23.77 yuan per share, with a total market capitalization of 16.401 billion yuan. The stock has increased by 99.92% year-to-date, but has seen a decline of 7.62% over the past five trading days [1]. - The stock has appeared on the "Dragon and Tiger List" twice this year, with the most recent appearance on October 14, where it recorded a net buy of -95.6784 million yuan [1]. Shareholder Structure - As of September 30, 2025, the number of shareholders of Shengda Resources was 39,400, a decrease of 5.63% from the previous period. The average circulating shares per person increased by 5.96% to 16,924 shares [2][3]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 16.6334 million shares, a decrease of 8.9271 million shares from the previous period. New shareholders include Huashang New Trend Preferred Mixed Fund, holding 7 million shares [3].

Core Insights - Shengda Resources experienced a 5.09% increase in stock price, reaching 24.35 CNY per share, with a trading volume of 471 million CNY and a turnover rate of 2.96%, resulting in a total market capitalization of 16.801 billion CNY [1] Company Overview - Shengda Metal Resources Co., Ltd. is located at 158 Nanfangzhuang, Fengtai District, Beijing, established on June 22, 1995, and listed on August 23, 1996 [1] - The company's main business includes the production and sales of silver-lead concentrate and zinc concentrate, as well as non-ferrous metal trading [1] - Revenue composition: Lead concentrate (including silver) 46.04%, non-ferrous metal trading 23.91%, zinc concentrate (including silver) 20.44%, renewable energy metals 5.26%, silver ingots 2.28%, others 1.05%, gold 1.02% [1] Shareholder Insights - Qianhai Kaiyuan Fund's Qianhai Kaiyuan Gold and Silver Jewelry Mixed A Fund (001302) is among the top ten circulating shareholders of Shengda Resources, having increased its holdings by 1.1311 million shares in Q3, totaling 11.2169 million shares, which represents 1.68% of the circulating shares [2] - The fund has achieved a year-to-date return of 69.23%, ranking 244 out of 8138 in its category, and a one-year return of 61.1%, ranking 427 out of 8055 [2] Fund Performance - Qianhai Kaiyuan Gold and Silver Jewelry Mixed A Fund (001302) holds Shengda Resources as its fourth-largest heavy stock, with 8.91% of the fund's net value [3] - The fund manager, Wu Guoqing, has a tenure of 10 years and 59 days, with a total fund asset size of 7.718 billion CNY and a best fund return of 364.7% during his tenure [2]

Core Viewpoint - Shengda Resources has shown significant stock performance with a year-to-date increase of 101.60%, despite recent fluctuations in trading volume and net capital flow [1][2]. Group 1: Stock Performance - As of November 12, Shengda Resources' stock price reached 23.97 CNY per share, with a trading volume of 1.48 billion CNY and a market capitalization of 165.39 billion CNY [1]. - The stock has experienced a 7.25% increase over the last five trading days, a 10.56% decrease over the last 20 days, and a 53.65% increase over the last 60 days [1]. - The company has appeared on the "龙虎榜" (a trading board for high-volume stocks) twice this year, with the most recent appearance on October 14, where it recorded a net buy of -95.68 million CNY [1]. Group 2: Business Overview - Shengda Resources, established on June 22, 1995, and listed on August 23, 1996, is primarily engaged in the production and sale of silver-lead concentrate and zinc concentrate, along with non-ferrous metal trading [2]. - The revenue composition includes lead concentrate (46.04%), non-ferrous metal trading (23.91%), zinc concentrate (20.44%), renewable metal (5.26%), silver ingots (2.28%), and gold (1.02%) [2]. - For the period from January to September 2025, the company reported a revenue of 1.652 billion CNY, reflecting an 18.29% year-on-year growth, and a net profit of 323 million CNY, marking a 61.97% increase [2]. Group 3: Shareholder Structure - As of September 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 16.63 million shares, a decrease of 8.93 million shares from the previous period [3]. - Qianhai Kaiyuan Gold and Silver Jewelry Mixed A (001302) is the sixth largest shareholder, increasing its holdings by 1.13 million shares [3]. - Huashang New Trend Preferred Mixed (166301) is a new entrant among the top ten shareholders, holding 7 million shares [3].

Core Viewpoint - Shengda Resources has shown significant stock performance with a year-to-date increase of 91.76%, despite recent declines in the short term [1][2]. Financial Performance - For the period from January to September 2025, Shengda Resources achieved a revenue of 1.652 billion yuan, representing a year-on-year growth of 18.29%. The net profit attributable to shareholders was 323 million yuan, reflecting a substantial increase of 61.97% [2]. - The company has distributed a total of 1.298 billion yuan in dividends since its A-share listing, with 120 million yuan distributed over the past three years [3]. Stock Market Activity - As of November 6, the stock price of Shengda Resources was 22.80 yuan per share, with a market capitalization of 15.731 billion yuan. The trading volume was 250 million yuan, with a turnover rate of 1.67% [1]. - The stock has experienced fluctuations, with a 2.23% decline over the last five trading days and a 20.28% drop over the last 20 days, while it has increased by 42.32% over the last 60 days [1]. Shareholder Structure - As of October 31, the number of shareholders for Shengda Resources was 41,700, an increase of 4.38% from the previous period. The average number of circulating shares per shareholder decreased by 4.19% to 15,971 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 16.6334 million shares, a decrease of 8.9271 million shares from the previous period. New entrants include Huashang New Trend Preferred Mixed Fund, holding 7 million shares [3].

Core Viewpoint - Shengda Resources is a leading domestic silver enterprise with a full industry chain advantage, focusing on the production and sales of silver-containing lead concentrate and zinc concentrate, as well as non-ferrous metal trading [1] Group 1: Business Performance - In Q3 2025, Shengda Resources reported revenue of 1.652 billion yuan, ranking 10th among 14 companies in the industry, while the top company, Zhongjin Lingnan, achieved revenue of 48.459 billion yuan [2] - The net profit for the same period was 394 million yuan, also ranking 10th, with the industry leader, Xingye Yinxin, reporting a net profit of 1.354 billion yuan [2] - The company's asset-liability ratio stood at 46.91%, lower than the industry average of 50.54%, indicating strong solvency [3] - The gross profit margin for Q3 2025 was 55.89%, significantly higher than the industry average of 25.75%, reflecting strong profitability [3] Group 2: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 14.24% to 39,700, while the average number of circulating A-shares held per shareholder decreased by 12.46% to 16,800 [5] - Notable changes among the top ten circulating shareholders include a decrease in holdings by Hong Kong Central Clearing Limited and an increase by Qianhai Kaiyuan Gold and Silver Jewelry Mixed A [5] Group 3: Future Outlook - The company is expected to see significant growth in revenue and net profit in the coming years, with projected net profits of 604 million, 952 million, and 1.16 billion yuan for 2025, 2026, and 2027, respectively [6] - The main mining operations, including Jinshan Mining, are undergoing technical upgrades, which are anticipated to enhance production and profitability [6] - The development of reserve mines is progressing, with the Caiyuzi Copper Gold Mine expected to produce approximately 129 kg of gold and 222 tons of copper in 2025, reaching full production by 2026 [6][7]

Group 1 - The core point of the news is that Shengda Resources experienced a decline of 5.03% in its stock price, reaching 22.86 CNY per share, with a trading volume of 587 million CNY and a turnover rate of 3.78%, resulting in a total market capitalization of 15.773 billion CNY [1] - Shengda Resources is primarily engaged in the production and sale of silver-lead concentrate and zinc concentrate, with its main business revenue composition being: lead concentrate (including silver) 46.04%, non-ferrous metal trading 23.91%, zinc concentrate (including silver) 20.44%, renewable energy metals 5.26%, silver ingots 2.28%, others 1.05%, and gold 1.02% [1] Group 2 - From the perspective of fund holdings, one fund under the management of Fortune Fund has a significant position in Shengda Resources, specifically the Fortune Enjoy Return 12-Month Holding Period Mixed A Fund (013524), which held 60,000 shares, accounting for 1.04% of the fund's net value, making it the fourth-largest holding [2] - The Fortune Enjoy Return 12-Month Holding Period Mixed A Fund has a total scale of 81.3974 million CNY, with a year-to-date return of 9.25%, ranking 6080 out of 8155 in its category, and a one-year return of 11.63%, ranking 5449 out of 8029 [2]

Core Viewpoint - Shengda Resources experienced a stock price decline of 2.04% on October 21, with a trading price of 24.00 CNY per share and a total market capitalization of 16.559 billion CNY [1] Group 1: Stock Performance - Year-to-date, Shengda Resources' stock price has increased by 101.85%, but it has seen a decline of 8.47% over the last five trading days [1] - The stock has risen by 7.05% over the last 20 days and by 49.07% over the last 60 days [1] - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent appearance on October 14, where it recorded a net buy of -95.6784 million CNY [1] Group 2: Financial Performance - For the first half of 2025, Shengda Resources achieved a revenue of 906 million CNY, representing a year-on-year growth of 6.34% [2] - The net profit attributable to shareholders was 70.0964 million CNY, showing a year-on-year decrease of 15.03% [2] Group 3: Business Overview - Shengda Resources, established on June 22, 1995, and listed on August 23, 1996, is primarily engaged in the production and sale of silver-lead concentrate and zinc concentrate, as well as non-ferrous metal trading [2] - The revenue composition includes lead concentrate (containing silver) at 46.04%, non-ferrous metal trading at 23.91%, zinc concentrate (containing silver) at 20.44%, and other segments [2] Group 4: Shareholder Information - As of September 30, the number of shareholders for Shengda Resources was 39,700, an increase of 14.24% from the previous period [2] - The average circulating shares per person decreased by 12.46% to 16,790 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited and new shareholder Qianhai Kaiyuan Gold and Silver Jewelry Mixed A [3]