Group 1 - The stock price of Xingye Silver Tin closed at 19.97 yuan on August 22, 2025, up by 1.17% from the previous trading day, with a trading volume of 5.91 billion yuan [1] - Xingye Silver Tin operates in the non-ferrous metals sector, primarily engaged in the exploration, mining, and smelting of non-ferrous metal mineral resources [1] - The company announced on its investor interaction platform that the future plan for the second phase of Yinman will mainly process copper-tin ore, with products consistent with the first phase [1] Group 2 - On August 22, 2025, the main funds of Xingye Silver Tin experienced a net outflow of 70.76 million yuan, with a cumulative net outflow of 333 million yuan over the past five days [1]

Group 1 - The core viewpoint is that the second phase of Yinxing Silver Tin's product line will primarily focus on processing copper-tin ore, maintaining consistency with the first phase's products [2] - Investors inquired whether the second phase would mainly produce lead, zinc, and silver, and if it would only yield a small amount of tin [2] - The company confirmed that the future plans for the second phase will not deviate from the current product offerings [2]