Group 1 - The core viewpoint of the news is that Yinbang Co., Ltd. has seen a stock price increase of 5.19%, reaching 10.53 CNY per share, with a trading volume of 198 million CNY and a turnover rate of 2.34%, resulting in a total market capitalization of 8.655 billion CNY [1] - Yinbang Co., Ltd. specializes in the research, production, and sales of aluminum alloy composite materials, aluminum-based multi-metal composite materials, and non-composite aluminum alloys, with 99.37% of its main business revenue coming from metal composite materials [1] Group 2 - Among the top ten circulating shareholders of Yinbang Co., Ltd., a fund under Southern Fund holds a position, specifically the Southern CSI 1000 ETF (512100), which reduced its holdings by 65,600 shares in the third quarter, now holding 4.5068 million shares, accounting for 0.55% of circulating shares [2] - The Southern CSI 1000 ETF (512100) has a total scale of 76.63 billion CNY and has achieved a return of 21.59% this year, ranking 1964 out of 4206 in its category [2]

| 证券代码：300337 | 证券简称：银邦股份 | 公告编号：2025-074 | | --- | --- | --- | | 债券代码：123252 | 债券简称：银邦转债 | | 银邦金属复合材料股份有限公司 关于持股 5%以上股东权益变动触及 1%整数倍的公告 公司持股 5%以上股东无锡新邦科技有限公司保证向本公司提供的 信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信 息一致。 | 权益变动时间 | | 2025 年 11 月 12 | 日至 2025 年 11 | 月 20 日 | | --- | --- | --- | --- | --- | | 权益变动过程 | | 2025 年 11 月 12 司股份 525,000 2025 年 11 月 13 司股份 221,000 2025 年 11 月 17 司股份 2,672,000 2025 年 11 月 20 司股份 2,232,000 | 日通过大宗交易方式减持公 股； 日通过大宗交易方式减持公 股； 日通过大宗交易方式减持公 股； 日通过大宗交易方式减持公 股； | ...

Market Overview - On November 20, the industrial metals sector declined by 0.52% compared to the previous trading day, with Xinweiling leading the decline [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Stock Performance - Notable gainers in the industrial metals sector included: - Guocheng Mining (Code: 000688) with a closing price of 29.65, up 4.99% and a trading volume of 610,600 shares, totaling 1.823 billion yuan [1] - Asia-Pacific Technology (Code: 002540) with a closing price of 7.15, up 3.03% and a trading volume of 307,700 shares, totaling 220 million yuan [1] - Major decliners included: - Xinweiling (Code: 920634) with a closing price of 24.91, down 3.67% and a trading volume of 12,900 shares, totaling 33.008 million yuan [2] - Chang Aluminum (Code: 002160) with a closing price of 5.41, down 3.22% and a trading volume of 751,900 shares, totaling 413 million yuan [2] Capital Flow - The industrial metals sector experienced a net outflow of 1.961 billion yuan from institutional investors, while retail investors saw a net inflow of 1.359 billion yuan [2] - Key stocks with significant capital flow included: - Huayu Mining (Code: 601020) with a net inflow of 97.347 million yuan from institutional investors [3] - Xizang Zhuofeng (Code: 600338) with a net inflow of 94.423 million yuan from institutional investors [3]

Summary of Key Points Core Viewpoint - On November 20, Yinbang Co., Ltd. executed a block trade of 2.232 million shares, amounting to 19.7085 million yuan, which represented 9.07% of the total trading volume for the day. The transaction price was 8.83 yuan, reflecting a discount of 13.26% compared to the market closing price of 10.18 yuan [1]. Group 1: Trading Details - The block trade involved a total of 2.232 million shares at a price of 8.83 yuan per share [1]. - The total transaction value was 19.7085 million yuan [1]. - The transaction accounted for 9.07% of the total trading volume on that day [1]. Group 2: Buyer and Seller Information - The buyer was identified as an institutional trading department, with multiple transactions recorded [2]. - The seller was associated with Guolian Minsheng Securities Co., Ltd., specifically their Wuxi Zhongshan Road branch [2]. - Various transaction volumes were recorded, including 22.70 million shares, 37.10 million shares, and 50.00 million shares, among others, all at the same price of 8.83 yuan [2].

| 证券代码：300337 | 证券简称：银邦股份 | 公告编号：2025-073 | | --- | --- | --- | | 债券代码：123252 | 债券简称：银邦转债 | | 银邦金属复合材料股份有限公司 关于为全资子公司提供担保的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、担保情况概述 银邦金属复合材料股份有限公司（以下简称"公司"）分别于2025年4月18 日、2025年5月15日召开第五届董事会第十六次会议及2024年年度股东大会，审 议通过了《关于2025年度担保额度预计的议案》，同意公司为全资子公司银邦（安 徽）新能源材料科技有限公司（以下简称"银邦安徽新能源"）融资提供担保， 预计担保额度不超过人民币19.5亿元。具体内容详见公司2025年4月18日在中国 证监会指定的创业板信息披露网站巨潮资讯网披露的《关于2025年度担保额度预 计的公告》（公告编号：2025-023）。 二、担保进展情况 近日，公司与中国工商银行股份有限公司淮北牡丹支行签署了《保证合同》, 为上述全资子公司银邦安徽新能源与该银行签订的主合同项下债务 ...

Core Viewpoint - The company, Yinbang Co., has decided not to lower the conversion price of its convertible bonds, "Yinbang Convertible Bonds," during the specified period, indicating a strategic decision to maintain the current terms despite potential triggers for adjustment [2]. Summary by Relevant Sections - **Board Meeting Decision**: On November 19, 2025, the company held its 20th meeting of the 5th Board of Directors, where it approved the proposal not to adjust the conversion price of the "Yinbang Convertible Bonds" [2]. - **Future Conditions**: The company will not propose a downward adjustment of the conversion price for a period of six months, from November 20, 2025, to May 20, 2026, even if conditions for such an adjustment are met [2]. - **Post-Period Review**: After May 21, 2026, if the conditions for a downward adjustment are triggered again, the Board will reconvene to decide on the potential exercise of the downward adjustment rights for the conversion price [2].

Company Overview - Yinbang Co., Ltd. (SZ 300337) announced on November 19, 2025, that its 20th meeting of the fifth board of directors was held via telecommunication, where it reviewed the proposal regarding not adjusting the conversion price of "Yinbang Convertible Bonds" [1] Financial Performance - For the first half of 2025, Yinbang's revenue composition was as follows: 99.37% from non-ferrous metal rolling processing, 0.36% from other businesses, and 0.27% from equipment manufacturing [1] - As of the report date, Yinbang's market capitalization stood at 8.2 billion yuan [1]

| | | 2、2025 年 11 月 19 日，公司召开第五届董事会第二十一次会议，审议通 过了《关于不向下修正银邦转债转股价格的议案》，公司董事会决定本次不向 下修正"银邦转债"转股价格，同时自本次董事会审议通过次一交易日起未来 6 个月（2025 年 11 月 20 日至 2026 年 5 月 20 日）内，如再次触发"银邦转债" 转股价格向下修正条件，亦不提出向下修正方案。在此期间之后（从 2026 年 5 月 21 日重新起算），若再次触发"银邦转债"转股价格向下修正条件，届时 公司董事会将再次召开会议决定是否行使"银邦转债"的转股价格向下修正 权利。 一、可转债基本情况 1、可转债发行情况 经中国证券监督管理委员会《关于同意银邦金属复合材料股份有限公司向不 特定对象发行可转换公司债券注册的批复》（证监许可〔2024〕1735 号）同意 注册，公司向不特定对象发行可转换公司债券（以下简称"可转债"）7,850,000 张，每张面值为人民币 100 元，募集资金总额为人民币 78,500.00 万元，扣除发 行费用 978.26 万元后，募集资金净额为 77,521.74 万元。公证天业会计师事务 所 ...

银邦金属复合材料股份有限公司（以下简称"公司"）第五届董事会第二 十一次会议于 2025 年 11 月 19 日以通讯方式召开。经董事会成员一致同意，本 次董事会豁免会议通知方式及时限要求，与会董事在会议召开前已知悉本次会议 所审议事项的相关信息。本次会议由公司董事长沈健生先生主持，应出席董事 9 人，实际出席董事 9 人。本次会议的召开符合有关法律、行政法规、部门规章、 规范性文件和《公司章程》的规定，会议决议合法、有效。 | | | 债券代码：123252 债券简称：银邦转债 银邦金属复合材料股份有限公司 第五届董事会第二十一次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 1.经与会董事签字并加盖董事会印章的董事会决议。 特此公告。 银邦金属复合材料股份有限公司董事会 2 二、董事会会议审议情况 审议通过了《关于不向下修正"银邦转债"转股价格的议案》。综合考虑公 司的基本情况、市场环境、股价走势等诸多因素，以及对公司长期稳健发展与内 在价值的信心，公司董事会决定本次不向下修正"银邦转债"转股价格，同时自 本次董事会审 ...

Group 1 - The company, Yinbang Co., reported that as of November 10, 2025, the number of shareholders is 56,299 [2]