Group 1 - The core viewpoint of the news is that Jinmoly Co., Ltd. has experienced fluctuations in stock price and trading volume, with a notable increase in stock price year-to-date and over various trading periods [1] - As of January 22, the stock price of Jinmoly Co., Ltd. was reported at 19.15 yuan per share, with a market capitalization of 61.789 billion yuan [1] - The company has seen a year-to-date stock price increase of 22.91%, with a 60-day increase of 30.27% [1] Group 2 - For the period from January to September 2025, Jinmoly Co., Ltd. achieved an operating income of 10.885 billion yuan, representing a year-on-year growth of 7.80%, and a net profit attributable to shareholders of 2.286 billion yuan, up 4.17% year-on-year [2] - The company has distributed a total of 10.336 billion yuan in dividends since its A-share listing, with 3.549 billion yuan distributed in the last three years [3] - As of September 30, 2025, the number of shareholders increased to 82,400, while the average circulating shares per person decreased by 9.63% to 39,134 shares [2][3]

Group 1 - The company, Jinduicheng Molybdenum Industry Co., Ltd., is convening its first extraordinary shareholders' meeting of 2026 on February 6, 2026, at 14:30 [1] - The meeting will be held at the company's headquarters in Xi'an, Shaanxi Province, specifically in the video conference room on the 9th floor of the comprehensive building [1] - Voting will be conducted through a combination of on-site and online methods, utilizing the Shanghai Stock Exchange's network voting system [1][2] Group 2 - The network voting will be available on February 6, 2026, during specific trading hours: 9:15-9:25, 9:30-11:30, and 13:00-15:00 [2] - Shareholders can vote via the trading system or the internet voting platform, with the latter requiring identity verification for first-time users [7] - All proposals will be subject to voting by all shareholders, with no special resolutions or related party voting issues reported [4][7] Group 3 - Shareholders must register to attend the meeting, with personal shareholders required to present valid identification, while corporate shareholders must provide additional documentation [11][13] - Registration will take place on February 5, 2026, with specific times allocated for personal and corporate shareholders [14] - The company will not cover travel or accommodation expenses for attending shareholders and their representatives [15]

金堆城钼业股份有限公司 2026 年第一次临时股东会 会 议 材 料 2026 年 2 月 6 日 金堆城钼业股份有限公司 2026 年第一次临时股东会会议材料 目 录 一、2026 年第一次临时股东会会议议程........................1 二、审议议案 （一）关于购买董事、高级管理人员责任保险的议案..........3 （二）关于公司符合面向专业投资者公开发行可续期公司债券条 件的议案..................................................4 （三）关于公司面向专业投资者公开发行可续期公司债券方案的 议案......................................................5 （四）关于提请股东会授权董事会或其授权人士全权办理本次公 开发行可续期公司债券相关事宜的议案.......................11 （五）关于修订《金钼股份股东大会议事规则》的议案.......13 （六）关于修订《金钼股份董事会议事规则》的议案.........29 （七）关于修订《金钼股份独立董事制度》的议案.... ...

证券代码：601958 证券简称：金钼股份 公告编号：2026-003 金堆城钼业股份有限公司 关于召开2026年第一次临时股东会的通知 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： 一、召开会议的基本情况 (一)股东会类型和届次 2026年第一次临时股东会 (二)股东会召集人：董事会 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者的投 票，应按照《上海证券交易所上市公司自律监管指引第 1 号 — 规范运作》等有 关规定执行。 (七)涉及公开征集股东投票权 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过 互联网投票平台的投票时间为股东会召开当日的 9:15-15:00。 (六)融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 (四)现场会议召开的日期、时间和地点 召开的日期时间：2026 年 2 月 6 日 14 点 30 分 召开地点：西安市高新技术产业开发区锦 ...

Core Insights - Molybdenum is a critical transition metal with high melting point and strength, categorized into four main forms: pure molybdenum, molybdenum alloys, molybdenum compounds, and molybdenum products [1][2][3] - The global molybdenum market is characterized by a long-term tight balance, with a projected demand gap of 0.39 million tons in 2024, which may expand in the future [1][7] - China holds a significant advantage in molybdenum reserves, becoming the core support for global molybdenum industry development, with production and consumption both leading globally [1][9] Industry Overview - The molybdenum industry is divided into three main segments: upstream (exploration and mining), midstream (smelting and processing), and downstream (deep processing and end applications) [5][6] - Upstream is dominated by major enterprises that control core resources, while midstream is characterized by high industry concentration but relies on imported high-end technologies [5][6] - Downstream applications are primarily in the steel industry, with rapid growth in emerging fields such as renewable energy and aerospace [1][6] Policy and Strategic Importance - Recent policies from the Chinese government aim to regulate resource management and promote industry upgrades, including export controls and support for green mining technologies [6][7] - Molybdenum is classified as a strategic mineral due to its scarcity and concentrated global distribution, with China, the US, and Peru being the top three countries in terms of reserves [6][7] Supply and Demand Dynamics - Global molybdenum production is expected to remain between 262,100 tons and 290,200 tons from 2020 to 2024, with consumption fluctuating between 247,600 tons and 294,100 tons [7][8] - In 2024, China's molybdenum production is projected to reach 133,700 tons, with consumption also on the rise, reflecting a compound annual growth rate of 6.78% from 2020 to 2024 [10][11] Competitive Landscape - The Chinese molybdenum industry is characterized by an oligopolistic structure, with leading companies like Jinduicheng Molybdenum Co., Ltd. and Luoyang Molybdenum Co., Ltd. controlling approximately 70% of the market share [11][12] - The competition is intensifying as smaller firms focus on niche markets, while larger firms leverage their resources and technology to maintain a competitive edge [11][12] Future Development Trends - The industry is expected to shift towards green and intelligent resource development, with a focus on efficient utilization of low-grade and associated molybdenum ores [12][13] - There will be a transition from traditional raw material output to high-end manufacturing, with an emphasis on domestic production of high-purity molybdenum products and specialized alloys [12][13] - Demand for molybdenum is anticipated to grow in both traditional sectors and emerging fields, with strategic support from policies aimed at enhancing the high-potential areas of the industry [12][14]

矿业巨头 紫金矿业 （601899.SH、02899.HK）推动全球最大单体钼矿高效开发。 1月15日晚间，紫金矿业发布公告称，公司与上市公司 金钼股份 签署合作协议，就安徽金寨沙坪沟钼矿 一体化开发达成一揽子合作，涉及冶炼合作与股权交易两大核心内容。 根据协议，金钼股份将与持有沙坪沟钼矿100%权益的金沙钼业合资设立冶炼公司，金钼股份持股51% 并主导运营，匹配矿山开发规模形成协同。同时，紫金矿业以17.31亿元向金钼股份转让金沙钼业24% 股权，交易完成后紫金矿业仍持股60%并主导矿山运营。 2025年以来，受益于 黄金 和铜价格大涨，紫金矿业的业绩暴涨。根据业绩预告，公司2025年的归母净 利润预计为510亿元至520亿元，同比增幅约为59%至62%，以一年365天计算，紫金矿业预计日赚约1.4 亿元。 二级市场上，紫金矿业股价在2025年实现翻倍；2026年1月6日，公司总市值一度突破1万亿元，近两日 在万亿元左右波动。 加快推进沙坪沟钼矿开发 根据合作协议，在金钼股份承诺按协议约定完成冶炼公司设立、建设及运营的前提下，紫金矿业将以 17.31亿元的对价，向金钼股份转让金沙钼业24%的股权。交易完成后 ...

人民财讯1月16日电，据金钼股份（601958）消息，近日，金钼股份技术中心在高端钼合金材料加工领 域取得重要技术突破，其采用压力加工工艺成功开发出3mm无缝细径钼合金薄壁管，填补了国内此类 产品的空白。金钼股份表示，这一突破不仅为公司抢占高端钼合金材料市场奠定坚实基础，也为我国航 空航天、高端制造等战略性产业提供关键材料支撑。 ...

Core Viewpoint - Zijin Mining has signed a project cooperation and equity transfer agreement with Jintong Co., focusing on the integrated development and deep processing of the Shapinggou molybdenum mine in Jinzhai County, Anhui Province [1] Group 1: Project Details - Zijin Mining acquired 84% of the equity in Jinsan Molybdenum, which holds 100% rights to the Shapinggou molybdenum mine, for 5.91 billion yuan in October 2022 [1] - The Shapinggou molybdenum mine is the largest single molybdenum deposit globally, with a metal resource of 2.1 million tons, and is expected to produce an average of 22,100 tons of molybdenum annually after reaching full production [1] - The total investment for the project is approximately 30 billion yuan, with production expected to commence in 2029, increasing Zijin Mining's equity molybdenum resources to 2.9 million tons, accounting for one-third of the national total [1] Group 2: Equity Transfer and Cooperation - Zijin Mining will transfer 24% of Jinsan Molybdenum's equity to Jintong Co. for 1.731 billion yuan, resulting in a new ownership structure of 60% for Zijin Mining, 34% for Jintong Co., and 6% for Jinzhai County Urban Development Investment Co. [1] - Jintong Co. will lead the establishment of a new smelting company in the county, holding 51% of the shares, while Jinsan Molybdenum will hold 49%, ensuring collaboration in smelting and deep processing [2] - Jintong Co. is required to initiate the establishment and funding of the smelting company promptly, with a deadline for completion by December 2026; failure to meet obligations allows Zijin Mining to reclaim the 24% equity at a price determined by a third-party assessment or the original transfer price [2] Group 3: Company Performance - Zijin Mining is a leading global mining company with operations in gold, copper, zinc, and molybdenum, showing steady growth in financial performance [3] - Revenue projections for 2022-2024 are 270.33 billion yuan, 293.40 billion yuan, and 303.64 billion yuan, reflecting year-on-year growth rates of 20.09%, 8.54%, and 3.49% respectively; net profit for the same period is expected to be 20.04 billion yuan, 21.12 billion yuan, and 32.05 billion yuan, with growth rates of 27.88%, 5.38%, and 51.76% [3] - In the first three quarters of 2025, Zijin Mining achieved a revenue of 254.2 billion yuan, a year-on-year increase of 10.33%, and a net profit of 37.86 billion yuan, surpassing the total for 2024 with a growth of 55.45% [3]

新京报贝壳财经讯 1月15日，金钼股份发布公告称，将以17.31亿元对价收购紫金矿业转让的安徽金沙钼 业有限公司24%股权。交易完成后，公司将持有金沙钼业34%的股权，紫金矿业（或其全资子公司）持 有60%。此次收购旨在强化资源保障，巩固行业影响力，并加快实现沙坪沟钼矿开发建设。交易不构成 关联交易，无需提交股东会审议。 ...

Core Viewpoint - The non-ferrous metal sector is experiencing a strong upward trend, with significant inflows into related ETFs, indicating robust investor interest and potential for continued growth [1][12]. Group 1: Market Performance - The popular non-ferrous ETF, Huabao (159876), saw an intraday increase of 2.2%, currently up 1.41%, reaching a new high since its listing [1][12]. - As of January 15, the latest scale of Huabao ETF reached 1.453 billion, marking a historical peak and ranking first among three ETFs tracking the China Nonferrous Metals Index [1][12]. - The ETF has attracted a net subscription of 50.4 million units, with a total net inflow of 473 million over the past ten days [1][12]. Group 2: Stock Performance - Leading stocks in the sector include Hunan Silver, which surged over 6%, along with Chihong Zn & Ge, Jiangxi Copper, and Jinchuan Group, all rising more than 5% [4][15]. - Other notable performers include Western Mining and Zhongjin Lingnan, both showing positive gains [4][15]. Group 3: Industry Outlook - Analysts predict that the non-ferrous metal sector will continue to thrive due to multiple factors, including global capital expenditure cycles, manufacturing recovery, and improved domestic macro expectations [5][16]. - The sector is expected to enter a bull market by 2026, driven by a confluence of monetary, demand, and supply factors [5][16]. - The demand for strategic metals is anticipated to rise significantly, influenced by new technologies and geopolitical factors, with a focus on metals used in military applications [3][16]. Group 4: Copper Market Insights - China Galaxy Securities suggests that copper prices have substantial upward potential, as historical analysis shows that current prices, adjusted for inflation, have not reached previous supercycle highs [3][14]. - The ongoing reshaping of the international monetary order and the low copper-to-gold ratio indicate a favorable environment for copper investments [3][14]. - The convergence of the AI technology revolution and global order restructuring is expected to create a new supercycle for copper [3][14].