Core Insights - The significant rise in tin prices is driven by tightening supply, surging demand, low inventory, and capital inflow [3][7] - Tin prices increased to 431,640 CNY/ton on February 27, up 14.06% from 378,420 CNY/ton before the holiday [5][7] Supply Factors - The resumption of production in Myanmar's Wa region is below expectations, with China relying on Myanmar for about 70% of its tin concentrate imports [3][7] - Indonesia, the world's second-largest tin exporter, is experiencing stricter export quota controls and slower approval processes, limiting overseas supply growth [3][7] - Global tin mine production is projected to decline by 8.3% year-on-year by January 2026, with China's tin concentrate imports decreasing by 15% month-on-month [3][7] Demand Factors - Market expectations are improving, with single AI servers consuming 3-5 times more tin than traditional models, and electric vehicles using three times more tin than conventional fuel vehicles [3][7] - The demand for tin is further supported by essential needs in electronic soldering and semiconductor packaging, leading to proactive inventory building and traders holding back sales, which pushes prices higher [3][7] Market Dynamics - Tin is being recognized as a critical strategic metal, attracting speculative and investment capital, which strengthens tin futures prices [3][7] - Changes in commodity prices directly impact the profitability of related listed companies, with commodity price increases typically leading stock prices by 5, 10, 20, or 30 days [3][7] Investment Strategy - The company offers a value cycle stock selection tool that utilizes commodity price increases over a specified number of days to identify hot products and investment opportunities in value cycle stocks [4][8] - The selection method includes using seasonal price increases to discover buying signals for value cycle stocks ahead of quarterly and annual reports [5][9]

（记者 王晓波） 每经AI快讯，华锡有色发布公告称，2026年2月26日，华锡有色接受中信建投证券等投资者调研，公司 证券事务代表梁晋菲回答了投资者提出的问题。 每经头条（nbdtoutiao）——2月井喷！中国AI调用量首超美国，四款大模型霸榜全球前五，国产算力需 求正经历指数级增长 ...

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法律责任。 重要内容提示： ● 广西华锡有色金属股份有限公司（以下简称"公司"）A 股股票（股票 代码：600301）连续三个交易日内（2026 年 2 月 25 日、2 月 26 日、2 月 27 日） 收盘价格涨幅偏离值累计超过 20%，根据《上海证券交易所交易规则》的有关规 定，属于股票交易异常波动情形。 ● 公司近期生产经营基本面无重大变化，敬请广大投资者注意交易风险。 ● 经公司自查并向控股股东和间接控股股东书面征询核实，截至本公告披 露日，不存在应披露而未披露的重大事项。 ● 公司严格按照有关法律法规的规定和要求，认真履行信息披露义务，及 时做好信息披露工作，敬请广大投资者关注相关公告，理性投资，注意投资风险。 一、股票交易异常波动的具体情况 证券代码：600301 股票简称：华锡有色 编号：2026-018 （三）媒体报道、市场传闻、热点概念情况 经自查，截至本公告披露日，除公司已披露的信息外，未发现对公司股票交 易价格可能产生较大影响的媒体报道或市场传闻和涉及热点概念的事项。 ...

广西关键金属产业发展集团有限公司 金发函〔2026〕 14 号 广西关键金属产业发展集团有限公司 关于《广西华锡有色金属股份有限公司 股票交易异常波动的征询函》的回函 广西华锡有色金属股份有限公司: 贵公司于 2026年2月27日发来的《关于广西华锡有色金属 股份有限公司股票交易异常波动的征询函》已收悉,经认真自查 核实,现就询证事项回复如下: 2.在本次股票交易异常波动期间,本公司不存在买卖贵公司股 票的情形。 特此函复。 (本页以下无正文) (本页无正文,为广西关键金属产业发展集团有限公司《<关于广 西华锡有色金属股份有限公司股票交易异常波动的征询函>的回 函》之盖章页） 广西关键金属 t IN 展集团有限公司 月 279日 2 - | 1.截至目前,除在指定媒体已公开披露的信息外,本公司不存 在涉及贵公司应披露而未披露的重大信息,包括但不限于重大资 产重组、股份发行、重大交易类事项、业务重组、股份回购、股 权激励、破产重整、重大业务合作、引进战略投资者等重大事项。 ...

1.截至目前，除在指定媒体已公开披露的信息外，本公司不 存在涉及贵公司应披露而未披露的重大信息，包括但不限于重大 资产重组、股份发行、重大交易类事项、业务重组、股份回购、 股权激励、破产重整、重大业务合作、引进战略投资者等重大事 项。 2.在本次股票交易异常波动期间，本公司不存在买卖贵公司 股票的情形。 特此函复。 广西华锡集团股份有限公司 华锡集团函〔2026〕8 号 广西华锡集团股份有限公司关于《关于 广西华锡有色金属股份有限公司股票 交易异常波动的征询函》的回函 广西华锡有色金属股份有限公司： 贵公司于 2026 年 2 月 27 日发来的《关于广西华锡有色金属 股份有限公司股票交易异常波动的征询函》已收悉，经认真自查 核实，现就询证事项回复如下： （本页无正文，为广西华锡集团股份有限公司《<关于广西华锡 有色金属股份有限公司股票交易异常波动的征询函>的回函》之 签署页） 广西华锡集团股份有限公司 2026 年 2 月 27 日 - 2 - （本页以下无正文） - 1 - 广西华锡集团股份有限公司综合办 2026 年 2 月 27 日印发 ...

: 2026年 2月 27日 ,经 , : (本 ) (本页无正文,为广西北部湾国际港务集团有限公司《<关于广西华 锡有色金属股份有限公司股票交易异常波动的征询函>的回函》之签 署 页 ) 广西北部湾国际港务集团有限公司 2026年2月27日 1、 ,除 `急 ,本 `憝 ,包 2、 ,本 ...

广西华锡有色金属股份有限公司 四、公司未来几年资本开支主要用在哪些方面？ 答：未来资本开支围绕公司发展战略与投资计划安排，聚焦锡、 锑、铟特色金属全产业链高端化、智能化、绿色化发展方向，将聚 焦四大领域：一是资源保障与产能提升，二是产业链强链补链延链， 三是科技创新与技术攻关，四是产业布局优化与现代治理。公司将 按规划有序实施，具体投资进度与安排以定期报告及公告为准。 投资者关系活动记录表 六、如何看待当前及未来全球锡市场的供需格局，对公司业务 发展有何影响？ | | 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） | | 形式 现场 | 网上 电话会议 中信建投证券：邵三才 | | | 浙江四邦实业：牟思涵 | | | 东方引擎投资：吕 晗、杨松波 | | 参与单位名称 | 东方港湾投资：曾允浩 | | 及人员姓名 | 平安基金：宁特林 | | | 景顺长城基金：尤 木 | | | 盛邦恒昌：郑思源、舒栋辉 | | 时间 | ...

Core Viewpoint - The company Huaxi Nonferrous Metals has issued an announcement regarding abnormal stock price fluctuations, with a cumulative increase of over 20% in closing prices over three consecutive trading days [1] Group 1: Stock Performance - The company's A-share stock has experienced a significant price deviation, qualifying as an abnormal trading situation according to the Shanghai Stock Exchange trading rules [1] - The cumulative increase in stock price over the specified period is noted to be over 20% [1] Group 2: Operational Status - The company has confirmed that its daily production and operational conditions are normal, with no significant changes in the internal or external operating environment [1] - Internal production and operational order is reported to be normal [1] Group 3: Disclosure and Compliance - The company has conducted a self-examination and has verified with its controlling and indirectly controlling shareholders that there are no undisclosed significant information related to the company as of the date of the announcement [1]

Group 1 - The A-share market showed mixed performance with the Shanghai Composite Index up by 0.39% closing at 4162 points, while the Shenzhen Component Index fell by 0.06% and the ChiNext Index dropped by 1.04% [1] - Rare metal stocks experienced a surge, with several stocks hitting the daily limit up, including Hunan Gold, Zhangyuan Tungsten, and Xianglu Tungsten, among others [1] - Tungsten prices have skyrocketed, prompting downstream hard alloy manufacturers to raise prices, with companies like Xinrui Co. and Huarui Precision announcing price adjustments [1] Group 2 - The computing power leasing sector continued its strong performance, with stocks like Yuntian Lifa and Tuowei Information hitting the daily limit up [2] - Hetzner, a major European data center operator, announced a price increase for all products and services effective April 1, marking the second price hike within the month [2] Group 3 - YN Energy Holdings saw a significant increase of 115%, ranking first in monthly gains [3] - Limin Co., a leading pesticide manufacturer, announced a long-term supply contract with Bayer, with an estimated contract value of 800 million yuan over three years [3] - The glass fiber sector faced declines, with companies like International Composites dropping nearly 10% [3] Group 4 - Hong Kong's innovative drug sector rebounded, with companies like WuXi AppTec and CanSino Biologics seeing gains of nearly 8% and over 6% respectively [4] - The recent adjustment in the innovative drug and CRO sectors is viewed as a short-term correction, not affecting the long-term growth prospects of the industry [4]

Group 1: Rare Earth and Tungsten Industry - The company is one of the six major rare earth groups in the country, having completed the integration of rare earth resources in Fujian Province [2] - The company possesses a complete tungsten industry chain, with significant competitive advantages in tungsten mining, smelting, powder, wire materials, and hard alloy deep processing [2] - The company is the first in China to develop and produce ITER filter tungsten probe components for nuclear fusion devices, capable of precision machining large-sized ITER-grade tungsten materials [2] Group 2: Data Center and AI Computing - The company is planning to acquire a stake in Xiantian Computing and aims to leverage it to acquire control of Zhengzhou Heying, which focuses on third-party large-scale data center operations [3] - The company is collaborating with Alibaba Cloud to jointly invest 15.8 billion yuan in building a cloud computing data center in Zhejiang [3] - The company has established a large data center in Xinjiang Hami, with a total computing power exceeding 80,000 P [3] Group 3: Power and Energy Sector - The company has acquired Honghe Power, a major thermal power plant in southern Yunnan, with a certified installed capacity of 1,300 MW [5] - The company is a leading player in the composite insulator market for high-voltage transmission lines, with a net profit growth of 177.52% year-on-year [5] - The company is expected to achieve a profit of 300 million to 360 million yuan by 2025, marking a turnaround from previous losses [5] Group 4: Semiconductor and AI Technology - The company has developed a low-code platform that integrates AI capabilities and has been applied in various sectors including power, aerospace, and manufacturing [4] - The company is a leading domestic player in crystal oscillators, with products applicable in optical communication and navigation systems [4] - The company has launched a series of AI products and is involved in the construction of AI computing centers across the country [4] Group 5: Renewable Energy and Materials - The company is a leader in the photovoltaic aluminum frame market, with a global market share exceeding 18% [5] - The company is investing 600 million yuan to build a project for producing 10,000 tons of iron phosphate battery precursor materials annually [8] - The company has established a comprehensive lithium battery supply chain, including mining, selection, and processing of lithium carbonate [8]