报告行业投资评级 - 行业投资评级为“Attractive”（有吸引力）[3] 报告的核心观点 - 江西宜春自然资源局要求八座锂矿（含大型项目）9月30日前准备储量核实报告，因采矿许可证审批有缺陷 [1][3] - 涉事多数矿山在产，年产量超150kt碳酸锂当量，预计核实期不停产，因产量大，停产或影响当地就业和GDP [2] 相关目录总结 股票评级分布 |股票评级|覆盖范围数量|占总数百分比|投资银行客户数量|占投资银行客户总数百分比|占评级类别百分比|其他重要投资服务客户数量|占其他重要投资服务客户总数百分比| | ---- | ---- | ---- | ---- | ---- | ---- | ---- | ---- | |Overweight/Buy|1497|40%|372|45%|25%|702|41%| |Equal-weight/Hold|1632|44%|380|46%|23%|776|45%| |Not-Rated/Hold|4|0%|0|0%|0%|2|0%| |Underweight/Sell|593|16%|79|10%|13%|233|14%| |Total|3726||831|||1713| [24] 分析师股票评级 - Overweight (O)：股票总回报预计在未来12 - 18个月，经风险调整后，超过分析师行业覆盖范围平均总回报 [25] - Equal-weight (E)：股票总回报预计在未来12 - 18个月，经风险调整后，与分析师行业覆盖范围平均总回报一致 [25] - Not-Rated (NR)：分析师目前对股票在未来12 - 18个月，经风险调整后，相对于行业覆盖范围平均总回报缺乏足够信心 [26] - Underweight (U)：股票总回报预计在未来12 - 18个月，经风险调整后，低于分析师行业覆盖范围平均总回报 [26] 分析师行业观点 - Attractive (A)：分析师预计行业覆盖范围未来12 - 18个月表现，相对于相关广泛市场基准有吸引力 [28] - In-Line (I)：分析师预计行业覆盖范围未来12 - 18个月表现，与相关广泛市场基准一致 [29] - Cautious (C)：分析师认为行业覆盖范围未来12 - 18个月表现，相对于相关广泛市场基准需谨慎 [29] 行业覆盖公司评级及价格 |公司（股票代码）|评级（截至日期）|价格（07/11/2025）| | ---- | ---- | ---- | |Anhui Honglu Steel Construction (002541.SZ)|O (01/02/2024)|Rmb17.86| |CGN Mining Co Ltd (1164.HK)|O (01/18/2023)|HK$2.32| |Shenzhen Kedali Industry Co Ltd (002850.SZ)|O (08/21/2023)|Rmb107.90| |China Hongqiao Group (1378.HK)|O (09/15/2023)|HK$18.22| |Flat Glass Group Co Ltd (6865.HK)|O (07/30/2020)|HK$10.36| |Flat Glass Group Co Ltd (601865.SS)|O (07/30/2020)|Rmb16.97| |MMG Ltd (1208.HK)|O (12/16/2024)|HK$3.58| |Shandong Pharmaceutical Glass Co. Ltd. (600529.SS)|O (01/04/2021)|Rmb22.25| |Xinyi Glass Holding Limited (0868.HK)|U (05/14/2024)|HK$8.51| |Zhongfu Shenying Carbon Fiber Co Ltd (688295.SS)|O (08/25/2023)|Rmb20.40| |Zhuzhou Kibing Group Co Ltd (601636.SS)|U (07/04/2022)|Rmb5.78| |Aluminum Corp. of China Ltd. (601600.SS)|O (11/30/2020)|Rmb7.27| |Aluminum Corp. of China Ltd. (2600.HK)|O (11/30/2020)|HK$5.59| |Baoshan Iron & Steel (600019.SS)|O (01/16/2016)|Rmb7.01| |Beijing New Building Materials (000786.SZ)|O (04/09/2024)|Rmb26.50| |Beijing Oriental Yuhong Waterproof Techn (002271.SZ)|E (09/25/2024)|Rmb11.52| |Chengxin Lithium Group Co. Ltd. (002240.SZ)|U (09/21/2023)|Rmb13.32| |China Jushi (600176.SS)|O (12/22/2020)|Rmb12.17| |China Lesso Group Holdings Ltd (2128.HK)|E (09/04/2023)|HK$4.32| |China Steel Corp. (2002.TW)|O (01/20/2025)|NT$18.80| |CMOC Group Ltd (3993.HK)|O (09/24/2019)|HK$7.91| |CMOC Group Ltd (603993.SS)|O (06/21/2024)|Rmb8.12| |FangDa Carbon New Material Co. Ltd. (600516.SS)|U (12/16/2024)|Rmb4.76| |Ganfeng Lithium Co. Ltd. (002460.SZ)|U (04/23/2025)|Rmb34.47| |Ganfeng Lithium Co. Ltd. (1772.HK)|U (04/23/2025)|HK$24.80| |GEM Co Ltd (002340.SZ)|U (09/21/2023)|Rmb6.45| |Henan Liliang Diamond Co. Ltd (301071.SZ)|O (06/14/2022)|Rmb29.90| |Jiangsu Dingsheng New Materials (603876.SS)|E (08/21/2023)|Rmb9.29| |Jiangxi Copper (0358.HK)|U (12/16/2024)|HK$15.36| |Jiangxi Copper (600362.SS)|U (12/16/2024)|Rmb23.48| |JL Mag Rare-Earth Co. Ltd (6680.HK)|O (04/23/2025)|HK$20.15| |JL Mag Rare-Earth Co. Ltd (300748.SZ)|O (04/23/2025)|Rmb25.95| |Nine Dragons Paper (2689.HK)|E (01/04/2023)|HK$3.43| |Shandong Gold Mining Co. Ltd (600547.SS)|O (04/23/2025)|Rmb31.14| |Shandong Gold Mining Co. Ltd (1787.HK)|O (12/12/2024)|HK$25.95| |Shandong Nanshan Aluminium Co. (600219.SS)|O (11/30/2020)|Rmb3.94| |Sinomine Resource Group Co Ltd (002738.SZ)|E (09/21/2023)|Rmb32.78| |Tianqi Lithium Industries Inc. (9696.HK)|E (12/16/2024)|HK$29.90| |Tianqi Lithium Industries Inc. (002466.SZ)|E (12/16/2024)|Rmb33.26| |Weixing New Building Materials (002372.SZ)|O (10/20/2022)|Rmb10.56| |Yongxing Special Materials Technology (002756.SZ)|E (11/25/2022)|Rmb33.77| |Zhaojin Mining Industry (1818.HK)|O (06/21/2024)|HK$19.96| |Zhejiang Huayou Cobalt Co Ltd (603799.SS)|E (12/14/2023)|Rmb38.15| |Zijin Mining Group (2899.HK)|O (07/09/2019)|HK$20.00| |Zijin Mining Group (601899.SS)|O (07/13/2022)|Rmb18.89| [58][60]