证券代码：002460 证券简称：赣锋锂业 编号：临2026-006 江西赣锋锂业集团股份有限公司 关于公司及控股子公司开展外汇套期保值业务的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 江西赣锋锂业集团股份有限公司（以下简称"公司"）于 2026 年 1 月 23 日召开的第六届董事会第十二次会议，审议通过了《关于 公司及控股子公司开展外汇套期保值业务的议案》，为有效防范公司 经营过程中存在的利率及汇率风险，同意公司及纳入公司合并报表范 围内的子公司开展外汇套期保值业务，拟开展期限内任一交易日持有 的最高合约价值不超过 100 亿元人民币或其他等值外币。具体情况如 下： 随着公司国际市场的不断开拓，国际业务不断做大做强，公司外 币结算业务以及境外融资业务逐渐增多。为了规避利率及汇率波动对 公司生产经营、成本控制造成的不良影响，根据公司 2026 年外汇进 出口业务、国际项目收支以及资金需求情况，遵循谨慎预测原则，公 司及纳入公司合并报表范围内的子公司开展外汇套期保值业务，拟开 展期限内任一交易日持有的最高合约价值不超过 100 亿元人民币或 其他等值外币 ...

证券代码：002460 证券简称：赣锋锂业 编号：临2026-003 江西赣锋锂业集团股份有限公司 第六届董事会第十二次会议决议公告 本公司及其董事会全体成员保证公告内容真实、准确和完整，无 虚假记载、误导性陈述或者重大遗漏。 江西赣锋锂业集团股份有限公司（以下简称"公司"）第六届董 事会第十二次会议于2026年1月20日以电话或电子邮件的形式发出会 议通知，于2026年1月23日以现场和通讯表决相结合的方式举行。会 议应出席董事11人，实际出席董事11人，会议由董事长李良彬先生主 持，会议符合《公司法》及《公司章程》的规定。会议审议了所有议 案，一致通过以下决议： 一、会议以 11 票赞成，0 票反对，0 票弃权，审议通过《关于使 用自有资金投资理财产品的议案》，该议案尚需提交股东会审议； 为提高自有资金使用效率，在确保不影响公司正常经营和生产 建设的情况下，同意公司及纳入公司合并报表范围的子公司使用自 有资金不超过 20 亿元人民币投资安全性高、流动性好、风险等级低 的理财产品，该等资金额度在决议有效期内可滚动使用。 赣锋锂业《关于使用自有资金投资理财产品的公告》（公告编 号 ： 2026-004 ） 刊 ...

Core Insights - The report highlights a bullish outlook for the metals sector, driven by macroeconomic factors such as the Federal Reserve's interest rate cuts and a recovering global economy, particularly in China [3][44] - Key investment themes for 2026 include expanding demand for precious metals like gold and silver, improving fundamentals for aluminum and copper, strategic opportunities in rare earths, and supply-side disruptions due to overcapacity in certain sectors [3][4] Group 1: Precious Metals - The report suggests a long-term bullish view on gold, with expectations of price increases driven by anticipated interest rate cuts and geopolitical tensions, which enhance gold's appeal as a safe-haven asset [3][44] - Silver is also highlighted as a key investment opportunity due to its high price ratio to gold, indicating potential for significant price appreciation [3] - Specific companies to watch include Shandong Gold (600547.SH) and Zijin Mining (601899.SH), which are expected to benefit from increased production and operational efficiencies [4] Group 2: Industrial Metals - The report notes that aluminum and copper are set to see improved profitability due to lower production costs and increased demand, particularly in the context of infrastructure investments [3][4] - Companies such as Zhongfu Industrial (600595.SH) and Zijin Mining (601899.SH) are identified as having strong positions in the copper market, with expected profit growth [4] - The report emphasizes the importance of monitoring supply chain dynamics, particularly in copper, where inventory levels are shifting significantly [18][58] Group 3: Rare Earths and Strategic Metals - The report identifies rare earth elements as a critical area for investment, particularly in light of geopolitical tensions between the US and China, which may create opportunities for companies involved in rare earth mining and processing [3][4] - Companies like Northern Rare Earth (600111.SH) and China Rare Earth (000831.SZ) are highlighted for their potential to benefit from price increases in rare earth materials [4] Group 4: Energy Metals - The report discusses the rebound in lithium and nickel prices, driven by strong demand from the battery sector, with specific mention of companies like Tianqi Lithium (002466.SZ) and Ganfeng Lithium (002460.SZ) [4][27] - The expected growth in energy storage solutions is also noted as a significant driver for demand in these metals [4] Group 5: Overall Market Performance - The overall performance of the non-ferrous metals sector is noted to have outperformed the broader market, with a cumulative increase of 96.46% in 2025 compared to a 21.65% increase in the Shanghai Composite Index [33][35] - The report indicates that while the sector has seen significant gains, valuations are currently at historical averages, suggesting potential for further growth [35]

Market Overview - The Shanghai Composite Index closed at 4136.16 points, up 0.33%, with a trading volume of 1.3369 trillion yuan. The Shenzhen Component Index rose 0.79% to 14439.66 points, with a trading volume of 1.7484 trillion yuan. The ChiNext Index increased by 0.63% to 3349.50 points, with a trading volume of 822.63 billion yuan. The STAR Market 50 Index closed at 1553.71 points, up 0.78%, with a trading volume of 110.8 billion yuan. The total trading volume of both markets was 3.0853 trillion yuan, an increase of 393.5 billion yuan compared to the previous trading day [1]. Sector Performance - The market saw more sectors gaining than losing, with notable increases in power equipment, non-ferrous metals, precious metals, defense and military, steel, media, computer, environmental protection, and textile and apparel sectors. Concepts such as perovskite batteries, commercial aerospace, satellite internet, sapphire, lithium mining, cultivated diamonds, small metals, gold, and interactive short dramas were particularly active. In contrast, sectors like communication, insurance, banking, coal, and home appliances experienced declines [1]. Individual Stock Performance - A total of 3707 stocks rose, while 1336 stocks fell, with 134 stocks remaining flat and 6 stocks suspended. Excluding newly listed stocks, there were 120 stocks hitting the daily limit up and 2 stocks hitting the limit down [2]. - Among the stocks that hit the daily limit up, 23 stocks had consecutive limit-up days of 2 or more, with Fenglong Co., Ltd. leading with 18 consecutive limit-ups [3]. Capital Flow - The net capital outflow from the two markets was 4.167 billion yuan, with the ChiNext seeing a net inflow of 1.515 billion yuan. The CSI 300 index experienced a net outflow of 1.005 billion yuan, while the STAR Market saw a net outflow of 3.171 billion yuan. Out of 31 sectors, 13 sectors had net capital inflows, with the power equipment sector leading with a net inflow of 8.977 billion yuan [4][6]. - The top sectors with net inflows included non-ferrous metals (4.552 billion yuan), media (2.173 billion yuan), and defense and military (2.157 billion yuan). Conversely, the communication sector had the highest net outflow of 7.992 billion yuan, followed by electronics (6.350 billion yuan) and machinery (5.077 billion yuan) [4][6]. Notable Stocks - 191 stocks had net capital inflows exceeding 1 billion yuan, with Jin Feng Technology receiving the highest net inflow of 1.861 billion yuan. Other notable stocks included Lens Technology (1.594 billion yuan), Qian Zhao Optoelectronics (1.267 billion yuan), and Xian Dao Intelligent (1.217 billion yuan) [7][8]. - Conversely, 116 stocks experienced net capital outflows exceeding 1 billion yuan, with Xin Yi Sheng leading with a net outflow of 3.471 billion yuan, followed by Zhong Ji Xu Chuang (3.103 billion yuan) and Li Ou Shares (2.604 billion yuan) [10][11]. Institutional Activity - Institutional investors had a net selling of approximately 1.02 billion yuan, with 22 stocks seeing net purchases and 14 stocks net sales. Jin Feng Technology was the most purchased stock by institutions, with a net purchase amount of approximately 266 million yuan [13][14].

Core Insights - The energy metals sector experienced a significant increase of 3.95% on January 23, with Shengxin Lithium Energy leading the gains [1] - The Shanghai Composite Index closed at 4136.16, up 0.33%, while the Shenzhen Component Index closed at 14439.66, up 0.79% [1] Energy Metals Sector Performance - Shengxin Lithium Energy (002240) closed at 41.87, up 7.00% with a trading volume of 826,400 shares and a transaction value of 3.345 billion [1] - Yongxing Materials (002756) closed at 56.13, up 6.91% with a trading volume of 218,700 shares and a transaction value of 1.205 billion [1] - Ganfeng Lithium (002460) closed at 73.87, up 5.76% with a trading volume of 894,600 shares and a transaction value of 6.535 billion [1] - Huayou Cobalt (603799) closed at 78.65, up 5.54% with a trading volume of 784,400 shares and a transaction value of 6.035 billion [1] - Other notable performers include Rongjie Co. (002192) and Yongsan Lithium (603399), with increases of 5.18% and 4.16% respectively [1] Capital Flow Analysis - The energy metals sector saw a net inflow of 2.515 billion in main funds, while retail funds experienced a net outflow of 1.592 billion [2] - Ganfeng Lithium (002460) had a main fund net inflow of 830 million, but retail funds saw a net outflow of 452 million [3] - Huayou Cobalt (603799) recorded a main fund net inflow of 549 million, with retail funds experiencing a net outflow of 581 million [3] - Shengxin Lithium Energy (002240) had a main fund net inflow of 353 million, while retail funds saw a net outflow of 278 million [3]

Group 1 - The main stocks with significant capital inflow as of January 23 include Longi Green Energy (2.692 billion), Aerospace Electronics (1.886 billion), and Goldwind Technology (1.832 billion) [1] - Longi Green Energy experienced a price increase of 10.01% with a capital inflow of 2.692 billion [2] - Aerospace Electronics and China Satellite both saw a price increase of 10% with capital inflows of 1.886 billion and 1.483 billion respectively [2][3] Group 2 - Jin Feng Technology had a price increase of 10% and a capital inflow of 1.832 billion, indicating strong investor interest in wind energy equipment [2] - The stock of 乾照光电 (Qianzhao Optoelectronics) surged by 20.01% with a capital inflow of 1.270 billion, highlighting its performance in the optical and optoelectronic sector [2] - Other notable stocks include Yunnan Zhiye (5.27 billion) and Han's Information (5.05 billion), both showing positive capital inflows and price increases [3]

Core Insights - The China Securities Sub-Industry Nonferrous Metals Theme Index (000811) has seen a strong increase of 2.55% as of January 23, 2026, with notable gains in constituent stocks such as Huafeng Aluminum (up 10.00%), Silver Nonferrous (up 9.97%), and Tongling Nonferrous (up 9.94%) [1] - The Nonferrous Metals ETF (516650) rose by 2.75%, reaching a latest price of 2.24 yuan, and has accumulated a 1.16% increase over the past week [1] - The Nonferrous Metals ETF has experienced continuous net inflows over the past 21 days, totaling 11.807 billion yuan, with the latest share count reaching 7.224 billion and total assets at 15.773 billion yuan, both marking new highs since inception [1] - Over the past two years, the net value of the Nonferrous Metals ETF has increased by 169.74%, ranking 35th out of 2,515 index equity funds, placing it in the top 1.39% [1] - The ETF has recorded a maximum monthly return of 27.00% since inception, with the longest consecutive months of increase being 6 months and the highest cumulative increase being 69.57%, averaging a monthly return of 9.76% during rising months [1] Index Composition - As of December 31, 2025, the top ten weighted stocks in the Nonferrous Metals Theme Index include Zijin Mining, Luoyang Molybdenum, Northern Rare Earth, Huayou Cobalt, China Aluminum, Ganfeng Lithium, Shandong Gold, Yun Aluminum, Zhongjin Gold, and Tianqi Lithium, collectively accounting for 52.98% of the index [2] Stock Performance - The performance of key stocks within the index includes: - Zijin Mining: -0.13% with a weight of 15.30% - Luoyang Molybdenum: +0.13% with a weight of 7.92% - Northern Rare Earth: +0.44% with a weight of 5.30% - Huayou Cobalt: +5.38% with a weight of 4.69% - China Aluminum: -0.45% with a weight of 4.39% - Ganfeng Lithium: +5.63% with a weight of 3.23% - Shandong Gold: +0.87% with a weight of 3.18% - Yun Aluminum: -0.24% with a weight of 3.11% - Zhongjin Gold: +2.88% with a weight of 3.08% - Tianqi Lithium: +3.54% with a weight of 2.60% [3]

Core Insights - The main focus of the news is on the significant inflow of capital into specific stocks, highlighting the top 20 stocks with the highest capital inflow as of January 23, with notable performances in various sectors such as photovoltaic equipment, wind power, and aerospace [1][2][3] Group 1: Capital Inflow Data - Longi Green Energy leads with a capital inflow of 2.503 billion yuan and a price increase of 10.01% [2] - Goldwind Technology follows with 1.735 billion yuan and a price increase of 10% [2] - Aerospace Electronic has a capital inflow of 1.718 billion yuan with a price increase of 9.86% [2] - Lens Technology shows a strong performance with a capital inflow of 1.343 billion yuan and a price increase of 13.52% [2] - China Satellite has a capital inflow of 1.200 billion yuan and a price increase of 8.86% [2] Group 2: Sector Performance - The photovoltaic equipment sector is represented by Longi Green Energy and Oriental Sunrise, with inflows of 2.503 billion yuan and 658 million yuan respectively [2][3] - The wind power equipment sector is highlighted by Goldwind Technology with an inflow of 1.735 billion yuan [2] - The aerospace sector includes Aerospace Electronic and China Satellite, with inflows of 1.718 billion yuan and 1.200 billion yuan respectively [2] - The optical and semiconductor sectors are represented by Qian Zhao Optoelectronics and Zhen Lei Technology, with inflows of 1.172 billion yuan and 533 million yuan respectively [2][3]

Group 1 - The main market experienced a net outflow of 14.505 billion yuan in principal funds as of January 23 [1] - The top ten sectors with inflows of principal funds include: Photovoltaic Equipment (8.415 billion yuan), Non-ferrous Metals (3.530 billion yuan), Optical and Optoelectronic (2.999 billion yuan), Energy Metals (2.653 billion yuan), Software Development (2.332 billion yuan), Wind Power Equipment (2.120 billion yuan), Aerospace (2.118 billion yuan), Cultural Media (1.844 billion yuan), Batteries (1.797 billion yuan), and Minor Metals (1.418 billion yuan) [1] Group 2 - Non-ferrous Metals sector saw an inflow of 3.530 billion yuan, with Tongling Nonferrous Metals as a notable company [2] - The Optical and Optoelectronic sector had an inflow of 2.999 billion yuan, with Qianzhao Optoelectronics being a key player [2] - The Energy Metals sector attracted 2.653 billion yuan, with Ganfeng Lithium as a significant company [2] - The Software Development sector received 2.332 billion yuan, with Siwei Map as a prominent company [2] - The Wind Power Equipment sector had an inflow of 2.120 billion yuan, with Goldwind Technology as a major company [3] - The Aerospace sector saw 2.118 billion yuan inflow, with Aerospace Electronics being a key company [3] - The Cultural Media sector attracted 1.844 billion yuan, with BlueFocus Communication Group as a notable company [3] - The Battery sector received 1.797 billion yuan, with XianDai Intelligent as a significant player [3] - The Minor Metals sector had an inflow of 1.418 billion yuan, with Yunnan Mingye as a key company [3]

Group 1: Market Trends - The cyclical sectors, including basic chemicals, petroleum and petrochemicals, and building materials, have seen significant gains, with increases exceeding 3% as of January 20 [1] - On January 21, cyclical sectors continued to rise, with non-ferrous metals up over 1%, and steel, automotive, petroleum and petrochemicals, and basic chemicals all recording positive performance [1] - The National Development and Reform Commission's deputy director indicated a commitment to implement a policy "combination punch" to promote reasonable price recovery [1] Group 2: Investment Opportunities - According to institutional forecasts, 10 stocks in cyclical sectors are expected to see net profits increase tenfold by 2026, with Zhongzi Technology leading at a projected net profit growth of over 51 times this year [2] - Zhongzi Technology specializes in the research, production, and sales of new materials and renewable energy, and is one of the few major domestic manufacturers in the environmental catalyst field [2] - Tianyin Holdings is projected to have a net profit growth exceeding 42 times this year, benefiting from the AI replacement trend and national subsidies [3] - Delong Laser is expected to see a net profit growth of 36 times this year, focusing on high-end industrial precision laser processing equipment [4] Group 3: Company Performance - Zhongzi Technology has a total market value of 514.07 billion, with a 30% increase in January [3] - Tianyin Holdings has a total market value of 425.40 billion, with a decline of 3.57% in January [3] - Delong Laser has a total market value of 360 billion, with an 18.18% increase in January [4] - Ganfeng Lithium, a leading lithium producer, is projected to have a net profit growth of 551.85% this year, with a market value of 136.69 billion and an 8.09% increase in January [7]