Pengxin International Mining (600490)
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Pengxin International Mining (600490) News
Pengxin Resources (600490.SH): Cumulatively repurchased 4 million shares of the company.
Gelonghui, September 2 — Pengxin Resources (600490.SH) announced that as of August 31, 2026, the company had cumulatively repurchased 4 million shares through centralized bidding transactions, accounting for 0.18% of its total share capital. The highest repurchase price was RMB 6.63 per share, and the lowest was RMB 6.00 per share. The total amount spent on repurchases stood at RMB 24.7632 million (excluding transaction fees).
A-Share Market Alert | Gold Price Drops to $4,287! Gold-Related Stocks Plunge, with Shengda Resources and Pengxin Resources Falling Over 6%
Gelonghui, September 2 | Gold-related stocks in the A-share market fell across the board. Among them, Xingye Yinxin, Shengda Resources, and Pengxin Resources dropped by more than 6%, while Hunan
Pengxin Resources: Semi-Annual Report for 2026
Pengxin Resources: Summary of the Semi-Annual Report for 2026
A-Share Market Alert: Copper Prices Decline, Leading to Pullback in Copper-Related Stocks; Jiangxi Copper Drops Over 5%
Gelonghui, August 25 | Copper-related stocks in the A-share market experienced a collective pullback. Among them, shares of Chengtun Mining and Jiangxi Copper fell by more than 5%; Yuguang Gold & Lead, Grinm Advanced Materials, Tengyuan Cobalt, and CMOC Group declined by over 4%; while Northern Copper, Yunnan Copper, Tongling Nonferrous Metals, Pengxin Resources, Western Mining, Zhongjin Lingnan, Baiyin Nonferrous, and Hanrui Cobalt dropped by more than 3%. On the news front, copper prices declined during Asian trading hours. Analysts at Societe Generale stated that the price trends in this base metals market appear increasingly difficult to interpret, given a series of new factors centered on geographic arbitrage and trade policies. The analysts pointed out that constrained mine supply and
Express News | The nonferrous metals sector continued to weaken, with shares such as CMOC Group falling more than 5%.
In the afternoon session, the nonferrous metals sector continued to decline, led by the precious metals segment. CMOC Group, Western Mining, and Chifeng Gold fell by more than 6%, while Zijin Mining, Tsang Gar Mining, Sichuan Gold, and Pengxin Resources also posted significant declines.
Express News | Non-ferrous metals and cobalt-related stocks rebounded again, with Hanye Cobalt surging over 10%.
In early trading, non-ferrous metals and cobalt-related stocks rebounded again, with Hanye Cobalt surging over 10%. Earlier, Pengxin Resources hit its daily trading limit, followed by gains in Tengyuan Cobalt, Huayou Cobalt, Sinomine Resource Group, GEM Co., Ltd., and Chengtun Mining.
Pengxin Resources (600490.SH): Has cumulatively repurchased 4 million shares.
Gelonghui, August 4 — Pengxin Resources (SHA: 600490) announced that, as of July 31, 2026, the company has cumulatively repurchased 4 million shares through centralized bidding transactions, representing 0.18% of its total share capital. The highest repurchase price was RMB 6.63 per share and the lowest was RMB 6.00 per share, with a total repurchase amount of RMB 24.7632 million (excluding transaction fees).
A-Share Market Update | Gold-related stocks continue to decline as Middle East tensions drive up oil prices, fueling inflation concerns and triggering sharp drops in international gold and silver prices
Gelonghui, July 24 | Gold-related stocks in the A-share market declined collectively. Among them, Sichuan Gold fell by more than 6%; Feinan Resources and Hunan Silver dropped over 5%; CITIC Metal, Silver Corp, Pengxin Resources, Zhaojin Gold, and Northern Copper declined by more than 4%; and Chifeng Gold, Zijin Mining, Yunnan Copper, Kingfaith Mining, Western Gold, and Shandong Gold all fell by more than 3%. Escalating tensions in the Middle East pushed up crude oil prices, raising concerns that inflation could re-accelerate, delaying interest rate cuts or even potentially forcing the Federal Reserve to hike rates. International gold and silver prices tumbled sharply. Spot gold closed down nearly 2% yesterday at USD 4,049.56 per ounce; spot silver yesterday
Pengxin Resources: 2026 Semi-Annual Performance Forecast
Express News | Pengxin Resources: Plans to Repurchase Shares for RMB 26 million to RMB 50 million
Pengxin Resources announced that the company intends to repurchase shares through centralized bidding transactions, with a total amount of no less than RMB 26 million and no more than RMB 50 million, at a price not exceeding RMB 9 per share. The repurchase period will be within 12 months from the date the board of directors approves the proposal. The repurchased shares will be used for an employee stock ownership plan or equity incentive scheme.
Pengxin Resources (600490.SH): Repurchased 1.5813 million shares of the company's stock for the first time
Gelonghui, July 6 — Pengxin Resources (SHA: 600490) announced that on July 6, 2026, the company repurchased 1.5813 million of its shares for the first time through centralized bidding transactions, representing 0.07% of the company's total share capital. The highest repurchase price was RMB 6.63 per share, and the lowest was RMB 6.13 per share, with a total repurchase amount of RMB 9.9984 million (excluding transaction fees).
Express News | Pengxin Resources: Plans to repurchase shares worth RMB 26 million to RMB 50 million for an employee stock ownership plan or equity incentive scheme
Pengxin Resources (SHA: 600490) announced that the company intends to repurchase its shares via centralized bidding using its own funds, with the repurchase amount no less than RMB 26 million and no more than RMB 50 million, and at a price not exceeding RMB 9 per share. The repurchased shares will be used for implementing an employee stock ownership plan or equity incentive scheme. The repurchase period shall not exceed 12 months from the date of approval by the board of directors.
A-Share Market Movement | The Fed in no rush to raise rates! Gold price rises to $4,114; gold stocks surge, with Zhaojin Gold and others hitting the daily trading limit.
Gelonghui, July 2 | Gold-related stocks in the A-share market strengthened, with Zhaojin Gold, Shandong Gold International, and Chifeng Gold all hitting the 10% daily trading limit. De Beers Group (Di'a Co., Ltd.) and China National Gold Group Corporation (CICC Gold) rose more than 6%, while Pengxin Resources, Zijin Mining, Xiaocheng Technology, Western Gold, Shandong Gold, and Hunan Gold gained over 5%. On the news front, gold prices rebounded sharply overnight, with spot gold briefly rising 2.67% to USD 4,114.86 per ounce. At the European Central Bank’s annual forum in Sintra, Portugal, Waller stated that inflation expectations have moderated somewhat over the past month and reiterated the Federal Reserve’s commitment to restoring price stability, reinforcing market perceptions that policymakers are in no rush
China Approves Pengxin International Mining Subsidiary's $500 Million Bond Issuance
China's National Development and Reform Commission approved Pengxin International Mining (SHA:600490) subsidiary Pengyao International's issuance of up to $500 million in overseas bonds, according
A-Share Market Movement | JPMorgan Sets $15,000 Copper Price Target, Related Concepts Rally, Yunnan Copper Rises Over 4%
Gelonghui, June 22 | Copper-related stocks in the A-share market strengthened, with Chujiang New Materials rising over 5%, Yunnan Copper and Chengtun Mining up more than 4%, Baiyin Nonferrous gaining over 3%, and Hailiang Co., Ltd., Tongling Nonferrous, Jiangxi Copper, and Pengxin Resources all advancing over 2%. JPMorgan released its copper market analysis, maintaining an optimistic outlook and forecasting that copper prices will continue to climb over the coming quarters, potentially approaching the target level of USD 15,000 per tonne. Given tightening mine supply and structurally supported demand, the medium-term environment for copper prices remains supportive.
No more idle weekend positions! CME Group embraces 24/7 trading, unveiling around-the-clock WTI crude oil and gold futures contracts.
CME Group plans to launch 24/7 trading for WTI crude oil and gold futures contracts.
Express News | Gains in the non-ferrous metals sector widened, with Tongling Nonferrous and Chihong Zinc & Germanium hitting the daily trading limit.
In the afternoon session, gains in the non-ferrous metals sector widened, led by minor metals. Tongling Nonferrous and Chihong Zinc & Germanium hit the daily trading limit, followed by Pengxin Resources, Western Mining, Yunnan Copper, Zinc Corporation, and Yuguang Gold & Lead. On the news front, S&P Global forecasts that global copper demand from data centers will rise from 1.1 million metric tons in 2025 to 2.5 million metric tons by 2030, with AI-related applications accounting for 58% of this demand.
JPMorgan: Is Gold Priced at $4,600 Really Expensive?
JPMorgan pointed out that, according to the traditional model (fair value of $1,000-$1,900), gold is significantly overvalued, but this does not mean it is "wrong"—the high premium reflects a rational pricing of geopolitical risks, damaged U.S. dollar credibility, and the failure of the 60/40 portfolio. The real drivers of the rally—the "century rebalancing" of Western pension funds into gold and stagflation trades—have yet to kick in, and $4,600 may be a worthwhile "insurance premium" to pay.
Annual Report 2025