来源：新浪证券-红岸工作室 1月5日，赤峰黄金涨2.40%，成交额17.07亿元，换手率3.20%，总市值607.94亿元。 异动分析 金属铅+黄金概念+金属铜+人民币贬值受益+稀土永磁 1、根据2024年半年报，公司旗下天宝山锌铅铜钼多金属矿主要产品包括锌精粉、铅精粉（含银）、铜 精粉（含银）和钼精粉。其对外销售的定价一般以精矿中所含的金属的市场价格为基准确定。主要是以 上海有色网1#锌锭的价格、1#铅现货的价格，上海期货交易所铜即期合约结算价为基准价，并根据精粉 产品中实际金属含量，综合考虑运输费、检斤费等因素确定结算价格；产品销售主要是通过预收货款的 方式进行，产品销售对象为长期合作的下游大型冶炼企业。 5、2024年3月8日互动易：公司与厦门钨业合作，共同在老挝推动稀土资源开发。近日通过控股子公司 收购的"老挝川圹省勐康稀土矿"项目，估算矿种为花岗岩风化壳离子吸附稀土矿，矿区试采证和探矿权 合计保有资源量：矿石量约1.01亿吨，稀土氧化物约2.55万吨，平均品位约0.025%。该项目设计生产规 模为年开采混合稀土氧化物3675吨/年，产品方案为混合氧化稀土，TREO≥92%。 (免责声明：分析内容来源 ...

截至12月19日，金岭矿业股东户数3.47万，较上期减少0.52%；人均流通股17177股，较上期增加 0.53%。2025年1月-9月，金岭矿业实现营业收入12.47亿元，同比增长12.98%；归母净利润2.20亿元，同 比增长47.09%。 分红方面，金岭矿业A股上市后累计派现6.68亿元。近三年，累计派现2.68亿元。 机构持仓方面，截止2025年9月30日，金岭矿业十大流通股东中，华夏卓越成长混合A（024928）位居 第五大流通股东，持股332.61万股，为新进股东。国泰中证钢铁ETF（515210）位居第七大流通股东， 持股300.28万股，为新进股东。 责任编辑：小浪快报 今年以来金岭矿业已经3次登上龙虎榜，最近一次登上龙虎榜为7月14日，当日龙虎榜净买入-6121.71万 元；买入总计4347.92万元 ，占总成交额比5.59%；卖出总计1.05亿元 ，占总成交额比13.45%。 资料显示，山东金岭矿业股份有限公司位于山东省淄博市张店区中埠镇，成立日期1996年9月28日，上 市日期1996年11月28日，公司主营业务涉及铁矿石开采,铁精粉、铜精粉、钴精粉、球团矿的生产、销 售及机械加工与销售 ...

Core Insights - The opening of the floating ice channel from the Tongjiang waterway port to Russia's Nizhny Novgorod port enables seamless winter cross-border transportation, enhancing Tongjiang's role as a core hub for China-Russia trade [1] Group 1: Infrastructure Development - The Tongjiang city has established a four-season customs clearance network, leveraging the first cross-river railway bridge between China and Russia [1] - The introduction of intelligent regulatory systems has significantly improved operational efficiency, reducing the time for single train operations from 4.5 hours to 30 minutes, an efficiency increase of 89% [1] - The annual cargo volume at the railway port has exceeded 6 million tons ahead of schedule, setting a new record, with the time for customs clearance of China-Europe freight trains reduced to 2 hours [1] Group 2: Economic and Trade Expansion - The local customs have implemented a 24/7 consultation hotline, answering an average of 20 inquiries per month, and have introduced policies to support businesses, including tax incentives and RCEP rules [2] - The establishment of the first cold chain bonded warehouse in Jiamusi is expected to alleviate financial burdens on companies through tax deferral policies [2] - The successful entry of local technology company Hezhe Yuanpeng into the Russian market with snowmobiles highlights the expanding economic cooperation [2] Group 3: Cross-Border Cooperation - At the 34th Harbin Trade Fair, Tongjiang signed six cross-border cooperation projects, achieving on-site sales of 300,000 yuan [2] - The import of Belarusian canned beef and traditional Chinese medicine has opened new trade routes for agricultural products and medicinal materials between China and Russia, with a 64% year-on-year increase in waterway port throughput [2] - The "9610" cross-border e-commerce model has achieved rapid customs clearance, with packages reaching overseas consumers in six days, further enhancing trade efficiency [2]

2025年12月17日，蒙古国家统计局公布数据称，2025年1—11月，蒙古工业总产值达47.1万亿图格里克 （约合132.9亿美元），同比增长1.6%。其中，制造业产值同比增长约9%，对工业总产值增长贡献率达 995%；采矿业中，铁矿石、铜精粉及萤石矿产量同比分别增长3.6%—66.6%不等，黄金、焦煤、石油等 产量分别下降0.6%—49.2%不等。2025年1—11月，蒙古工业产品销售额达51.8万亿图格里克（约合 146.2亿美元），同比增长9.5%。其中，采矿业对工业产品销售额增长贡献率达60%。从矿产类型看， 煤炭占矿产品销售额的37.6%，金属矿石占58.5%，石油占2.4%，其他矿产占1.4%。 ...

证券代码：600307 证券简称：酒钢宏兴 公告编号：2025-080 甘肃酒钢集团宏兴钢铁股份有限公司 关于2025年第三季度业绩说明会召开情况的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担个别及连带责任。 甘肃酒钢集团宏兴钢铁股份有限公司（以下简称"公司"）于2025年10月31日披露了公司2025年第三季度 报告，为便于广大投资者更加全面深入地了解公司经营成果、财务状况，公司于2025年12月11日上午 10:00-11:00在上海证券交易所上证路演中心网络互动平台（http://roadshow.sseinfo.com/），组织召开了 公司2025年第三季度业绩说明会。 2025年12月4日，公司在上海证券交易所网站及《中国证券报》《上海证券报》《证券时报》披露了 《关于召开2025年第三季度业绩说明会的公告》（公告编号：2025-079），对本次业绩说明会的召开时 间、参与方式、出席会议人员、问题预征集等事项进行了说明，多渠道向投资者征集问题，增强业绩说 明会针对性的同时，为投资者参与业绩说明会预留了充足的时间。 一、 ...

Core Viewpoint - Jinling Mining's stock price has shown a significant increase of 53.09% year-to-date, despite recent declines in the last five and twenty trading days [2] Group 1: Stock Performance - As of November 25, Jinling Mining's stock price rose by 2.00% to 9.17 CNY per share, with a total market capitalization of 5.459 billion CNY [1] - The stock has experienced a decline of 6.71% in the last five trading days and 10.71% in the last twenty trading days, while showing a slight increase of 0.88% over the last sixty days [2] Group 2: Financial Performance - For the period from January to September 2025, Jinling Mining reported a revenue of 1.247 billion CNY, reflecting a year-on-year growth of 12.98%, and a net profit attributable to shareholders of 220 million CNY, which is a 47.09% increase year-on-year [2] - The company has distributed a total of 668 million CNY in dividends since its A-share listing, with 268 million CNY distributed over the last three years [3] Group 3: Shareholder Information - As of November 20, the number of shareholders for Jinling Mining was 35,700, a decrease of 8.44% from the previous period, while the average circulating shares per person increased by 9.21% to 16,684 shares [2] - Notable institutional shareholders include Huaxia Excellence Growth Mixed Fund and Guotai Zhongzheng Steel ETF, both of which are new entrants among the top ten circulating shareholders [3] Group 4: Business Overview - Jinling Mining, established on September 28, 1996, and listed on November 28, 1996, primarily engages in iron ore mining and the production and sale of iron concentrate, copper concentrate, cobalt concentrate, and pellet ore [2] - The company's main revenue sources are iron concentrate (76.99%), pellets (9.03%), and other products (8.46%), with copper concentrate contributing 5.10% and mechanical processing 0.41% [2]

Core Insights - Mongolia's total export value from January to October 2025 reached $12.231 billion, reflecting a year-on-year decline of 7.4% [1] Export Performance by Commodity - Copper concentrate exports totaled 1.8558 million tons, increasing by 36.7% year-on-year, with a value of $4.531 billion, up 73.1% [1] - Coal exports amounted to 6.49732 million tons, showing a slight decline of 1.4% year-on-year, valued at $4.332 billion, down 40.7% [1] - Iron concentrate exports reached 0.72185 million tons, increasing by 18.5% year-on-year, with a value of $0.52 billion, up 5.3% [1] Other Mineral Exports - Crude oil exports were 2.9598 million barrels, down 13.4% year-on-year, valued at $0.218 billion, a decrease of 20.2% [1] - Fluorspar exports totaled 1.3891 million tons, increasing by 31.5% year-on-year, valued at $0.253 billion, up 1.2% [1] - Zinc concentrate exports reached 0.126 million tons, increasing by 16.8% year-on-year, valued at $0.196 billion, up 25.6% [1] Precious and Other Metals - Gold ore exports were 8.46035 million tons, down 18.7% year-on-year, valued at $0.919 billion, an increase of 15.9% [1] - Tungsten ore exports were 0.001 million tons, increasing by 6.4% year-on-year, valued at $0.014 billion, up 30.9% [1] - Molybdenum ore exports totaled 0.0047 million tons, down 2.8% year-on-year, valued at $0.078 billion, an increase of 2.6% [1]

Report Information - Report Title: Copper Futures Daily Report [1] - Date: November 18, 2025 [2] - Researcher: Zhang Ping, Yu Feifei, Peng Jinglin [3] Industry Investment Rating - Not provided Core View - The copper price is expected to stop falling and rebound in the short term. Although the copper price has fallen from its high due to the hawkish signals from Fed officials, the pressure from the macro - side on the copper price is not expected to last. The tight spot market and frequent copper mine accidents provide support for the copper price [9]. Summary by Directory 1. Market Review and Operation Suggestions - On Monday, the Shanghai copper price dropped 0.91% to 86,450, and the total positions decreased by 11,326 lots. The copper price fell from its high due to the hawkish signals from Fed officials. The spot price dropped 585 to 86,510, and the spot premium increased 50 to 105. The month - to - month spread of the last trading day fluctuated significantly, and the premium of Shanghai copper against the current month strengthened significantly [9]. - The social inventory decreased by 0.73 tons over the weekend because of less imported and domestic arrivals. The LME0 - 3 swap fee turned to back at 3.88, and the Shanghai - London ratio fell below 8, leading to an expansion of the spot import loss to over 900. The short - term import window remained closed, and the supply of imported goods was expected to decline [9]. - The increase in spot premiums at home and abroad highlighted the tightness of the spot market. The probability of a 25BP interest rate cut by the Fed in December dropped to 40% due to the Fed officials' remarks. A large number of important US data will be released starting this Thursday, but the inflation and employment data in October still face challenges, which may lead to significant differences in the December Fed meeting. A rate cut in December is still ruled out in the short term [9]. - A bridge collapse at a copper mine in the Democratic Republic of Congo over the weekend caused 32 deaths. Frequent copper mine accidents maintained the support from the mine end [9]. 2. Industry News - On Saturday, a bridge at a copper mine in the southeast of the Democratic Republic of Congo collapsed, causing 49 deaths and sending 20 seriously injured people to the hospital [12]. - On November 15, Huixin Copper Industry in Siziwangqi Bainaimiao area cooperated with Amaowusu Mining Company for copper mining and beneficiation. The project with an annual output of 10,000 tons of copper concentrate powder and an annual processing capacity of 800,000 tons of ore officially started production. It is expected to process 6,000 tons of raw ore and produce 3,200 tons of copper concentrate powder by the end of the year, with an output value of 64 million yuan. After the deep exploration and mine operation are completed next year, the industrial output value will reach 1.1 billion yuan [12]. - The second - phase expansion project of Sichuan Southwest Copper Industry Co., Ltd. has completed the main construction and entered the final stage. The project focuses on the efficient and circular use of resources and will build a production line for the deep - processing of waste high - voltage cable copper with an annual processing capacity of 53,200 tons. After the full operation of the second - phase project, the company's total production capacity will reach 170,000 tons. It is expected to achieve an output value of 1.5 billion yuan in the fourth quarter of this year and a total annual output value of 4.5 billion yuan [13].

Core Points - Jinling Mining experienced a decline of 5.01% on November 18, with a stock price of 9.86 CNY per share and a trading volume of 1.04 billion CNY, resulting in a total market capitalization of 58.70 billion CNY [1] - The company, established on September 28, 1996, and listed on November 28, 1996, primarily engages in iron ore mining and the production and sale of iron concentrate, copper concentrate, cobalt concentrate, and pellet ore [1] - The revenue composition of Jinling Mining includes iron concentrate at 76.99%, pellets at 9.03%, other (supplementary) at 8.46%, copper concentrate at 5.10%, and mechanical processing at 0.41% [1] Shareholder Insights - Among the top circulating shareholders of Jinling Mining, one fund under Huaxia Fund, Huaxia Excellent Growth Mixed A (024928), entered the top ten in the third quarter, holding 3.3261 million shares, which accounts for 0.56% of the circulating shares [2] - The estimated floating loss for this fund today is approximately 1.7296 million CNY [2] Fund Performance - Huaxia Excellent Growth Mixed A (024928) was established on August 12, 2025, with a current size of 9.56 billion CNY and a cumulative return of 11.89% since inception [3] - The fund manager, Zhong Shuai, has been in position for 5 years and 115 days, managing assets totaling 13.26 billion CNY, with the best fund return during his tenure being 172.61% and the worst being -4.15% [4]

Group 1 - The core point of the news is that Jinling Mining's stock price has dropped by 5.01%, currently trading at 9.86 CNY per share, with a total market capitalization of 5.87 billion CNY [1] - Jinling Mining, established on September 28, 1996, and listed on November 28, 1996, is primarily engaged in iron ore mining and the production and sale of iron concentrate, copper concentrate, cobalt concentrate, and pellet ore [1] - The revenue composition of Jinling Mining is as follows: iron concentrate accounts for 76.99%, pellets 9.03%, other (supplementary) 8.46%, copper concentrate 5.10%, and mechanical processing 0.41% [1] Group 2 - Guotai Fund's Guotai Zhongzheng Steel ETF (515210) has entered the top ten circulating shareholders of Jinling Mining, holding 3.0028 million shares, which is 0.5% of the circulating shares [2] - The Guotai Zhongzheng Steel ETF was established on January 22, 2020, with a latest scale of 3.66 billion CNY, and has achieved a year-to-date return of 33.9% [2] - The fund's performance over the past year is a return of 32.58%, ranking 1224 out of 3956 in its category [2]