---
title: "STOCKS | Fuda Alloy Shares Close Down 0.89% After Hitting Limit-Down Intraday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289167754.md"
description: "Fuda Alloy shares closed down 0.89% at 89.2 yuan on June 9, following an intraday limit-down. The company issued a risk reminder, stating that while silver price fluctuations impact profits, the effect is limited due to its pricing model and hedging strategies. Fuda Alloy explained that it purchases raw materials at market prices upon receiving orders, covering most risk exposure. Additionally, inventory holdings remain small to avoid tying up significant capital in precious metals."
datetime: "2026-06-09T09:36:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289167754.md)
  - [en](https://longbridge.com/en/news/289167754.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289167754.md)
---

# STOCKS | Fuda Alloy Shares Close Down 0.89% After Hitting Limit-Down Intraday

Fuda Alloy’s shares hit the daily limit-down level during trading on June 9 and later closed at 89.2 yuan per share, down 0.89%. According to Jin10, the company said it issued a risk reminder announcement the previous evening and noted that its share price was influenced by multiple factors. Responding to investor concerns about how silver prices affect performance volatility, Fuda Alloy said fluctuations in silver prices do affect profit, but the impact is limited. The company said its pricing model is based on the market price of silver plus a processing fee. It added that when customers place orders, it simultaneously places orders with suppliers and purchases at prevailing market prices. As a result, the company said a large portion of its risk exposure is already covered, and only the remaining exposure affects profit. Fuda Alloy also said that when silver prices pull back, it may strategically stock some inventory, but the overall scale is not large because silver is a precious metal and holding more inventory would tie up significant capital.

### Related Stocks

- [603045.CN](https://longbridge.com/en/quote/603045.CN.md)

## Related News & Research

- [Why these bargain stocks can outshine gold](https://longbridge.com/en/news/294913933.md)
- [Precious Metals Explode Higher! Here's the Key Drivers & Levels to Watch in Gold & Silver | Metals Minute Phil Streible](https://longbridge.com/en/news/294958182.md)
- [METALS-Copper rises as LME, Shanghai inventories fall; oil steadies](https://longbridge.com/en/news/294766077.md)
- [Southern Cross Gold Expands Exploration Target at Sunday Creek Project](https://longbridge.com/en/news/294747131.md)
- [RUBBER-Japan futures fall on higher supply concerns](https://longbridge.com/en/news/294900171.md)