Chengtun Mining Group Co Ltd – Board Decision and Market Activity

Date of Reporting: 13 November 2025

Company: Chengtun Mining Group Co Ltd (Shanghai Stock Exchange: 600711)Sector: Materials – Metals & MiningMarket Capitalisation: 37.74 billion CNY (as of 12 November 2025)Latest Closing Price: 12.21 CNY (12 November 2025)52‑Week Range: 4.58 – 12.21 CNY

1. Board Resolution – 23rd Meeting of the 11th Board of Directors

On 12 November 2025, Chengtun Mining Group convened its 23rd meeting of the 11th Board of Directors through a written communication.

  • Notice Date: 9 November 2025 via email.
  • Attendance: All seven directors were present; the meeting was chaired by Chairman Xiong Bo.
  • Legal Compliance: The board confirmed that the meeting was conducted in accordance with the Company Law, the Company’s Articles of Association, and other applicable regulations.
  • Content of the Resolution: The specific items resolved were not disclosed in the announcement; however, the board emphasized the accuracy and completeness of the announcement and accepted legal responsibility for its content.

This resolution confirms that the board remains actively involved in governance and that recent decisions have been documented in a formal manner.

2. Market Activity – 13 November 2025

2.1. Trading Volume and Financing Inflows

  • Financing Buy‑in: On 13 November, the company received 2.86 billion CNY in financing purchases. This represents a growth rate of more than 50 % over the previous day, indicating increased confidence from leveraged investors.
  • Total Financing Balance: 9.17 billion CNY, corresponding to 2.43 % of the circulating market value.
  • Main‑order Net Inflow: A net inflow of 6.10 billion CNY from large‑order (DDE) trading, with a net flow rate of 1.64 % relative to circulating shares.
  • Price Movement: The stock closed 10 % higher on 13 November, reflecting the significant inflow of capital.

2.2. Commodity Price Context

  • Silver Price: The price of silver on 13 November was 12,505 CNY per kilogram, up 9.40 % over five days and 25.26 % over 60 days.
  • Related Companies: Chengtun Mining is listed among other silver‑related firms such as Xingye Silicium (000426), Hunan Silver (002716), and Shengtun Mining (600711) itself.

The rise in silver prices likely supports the company’s non‑ferrous metal mining operations and could contribute to positive investor sentiment.

2.3. Market‑wide Context

  • Broad Market Performance: The Shanghai Composite Index reached a 10‑year high, with the Shenzhen Component Index, ChiNext Index, and other benchmarks rising more than 1 %.
  • Sector Strength: The metals and mining sector, particularly non‑ferrous metals, benefitted from increased capital inflow and commodity price gains.
  • Liquidity: The market saw an overall increase in trading volume, with net inflows exceeding 200 billion CNY across the board.

3. Summary

  • Chengtun Mining Group’s 23rd Board meeting on 12 November 2025 was conducted in full compliance with regulatory requirements, with Chairman Xiong Bo presiding and all directors present.
  • On 13 November 2025, the company experienced a significant surge in financing purchases (2.86 billion CNY) and large‑order net inflows (6.10 billion CNY), leading to a 10 % increase in share price.
  • Rising silver prices and a buoyant market environment contributed to the positive trajectory of the company’s shares.

These developments suggest that Chengtun Mining Group is maintaining solid governance while attracting investor interest amid favourable commodity and market conditions.