Core Viewpoint - As of May 19, 2025, Zhongmin Resources (002738) closed at 29.87 yuan, experiencing a 0.5% decline, with a trading volume of 49,400 shares and a total transaction amount of 147 million yuan [1] Trading Information Summary - On May 19, the capital flow for Zhongmin Resources indicated a net outflow of 5.8821 million yuan from main funds, accounting for 4.0% of the total transaction amount; a net inflow of 7.7749 million yuan from speculative funds, representing 5.28% of the total transaction amount; and a net outflow of 1.8928 million yuan from retail investors, making up 1.29% of the total transaction amount [2][4] Company Announcement Summary - The sixth board of directors of Zhongmin Resources held its 17th meeting on May 19, 2025, where two proposals were approved: 1. The proposal to establish a management system for commodity futures options and derivative hedging business aimed at mitigating risks from price fluctuations of raw materials and finished products, which was unanimously approved by all directors [3][5] 2. The proposal to conduct copper commodity futures options and derivative hedging business, which will allow the company and its subsidiaries to engage in hedging activities with a total limit not exceeding 100 million yuan, and a maximum contract value of 500 million yuan per trading day, with the authorization valid for 12 months from the date of approval [5]