江西金力永磁科技股份有限公司 关于非独立董事辞职的公告 证券代码：300748 证券简称：金力永磁 公告编号：2025-070 截至本公告日，李晓光先生未持有公司股份。李晓光先生原定任期为 2024 年 6 月 5 日至 2027 年 6 月 5 日，其在任职期间不存在应当履行而未履行的承诺 事项。 根据《公司法》《深圳证券交易所创业板股票上市规则》《深圳证券交易所 上市公司自律监管指引第 2 号——创业板上市公司规范运作》等相关法律、法规 及《公司章程》的规定，李晓光先生的辞职报告自送达公司董事会之日起生效， 其辞职未导致公司董事会成员低于法定最低人数，不会对公司日常生产经营和管 理产生不利影响，李晓光先生已按照公司离职管理相关规定做好工作交接，公司 将按照法定程序尽快完成非独立董事补选等相关后续工作。 李晓光先生在任期间，勤勉尽责，为公司经营发展和董事会工作做出了重要 贡献，在此公司董事会表示衷心感谢！ 备查文件： 李晓光先生签署《辞职报告》。 特此公告。 江西金力永磁科技股份有限公司 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。 江西金力永磁科技股份有 ...

Core Insights - The report highlights the changes in the Hong Kong Stock Connect holdings, indicating significant increases and decreases in ownership percentages for various companies [1][2]. Group 1: Increased Holdings - The companies with the largest increases in Hong Kong Stock Connect holdings include: - Ying En Bio-B (09606) with an increase of 3.48%, bringing the total holding to 12.00% [1] - Sanhua Intelligent Control (02050) with an increase of 1.68%, totaling 13.67% [1] - Anjoy Foods (02648) with an increase of 0.74%, totaling 25.90% [1] - In the last five trading days, the top three companies with the largest increases in holdings are: - Jinli Permanent Magnet (06680) with an increase of 8.03%, totaling 30.03% [2] - Ying En Bio-B (09606) with an increase of 4.60%, totaling 12.00% [2] - ZTE Corporation (00763) with an increase of 3.55%, totaling 55.04% [2] Group 2: Decreased Holdings - The companies with the largest decreases in Hong Kong Stock Connect holdings include: - Hang Seng China Enterprises (02828) with a decrease of 10.52%, bringing the total holding to 0.96% [1] - Tracker Fund of Hong Kong (02800) with a decrease of 5.76%, totaling 0.93% [1] - Longi Green Energy (06869) with a decrease of 2.05%, totaling 63.46% [1] - In the last five trading days, the top three companies with the largest decreases in holdings are: - Longi Green Energy (06869) with a decrease of 5.78%, totaling 63.46% [2] - Jihong Co., Ltd. (02603) with a decrease of 2.74%, totaling 34.06% [2] - Chongqing Steel (01053) with a decrease of 2.18%, totaling 27.24% [2] Group 3: Long-term Trends - Over the last 20 days, the companies with the largest increases in holdings include: - Dazhong Public Utilities (01635) with an increase of 33.41%, totaling 66.40% [2] - Canggang Railway (02169) with an increase of 31.40%, totaling 43.06% [2] - Shankou Holdings (00412) with an increase of 15.66%, totaling 17.10% [2] - The companies with the largest decreases in holdings over the last 20 days include: - Hang Seng China Enterprises (02828) with a decrease of 5.89%, bringing the total holding to 0.96% [4] - Baiguoyuan Group (02411) with a decrease of 4.60%, totaling 6.81% [4] - Huizhong Network (09878) with a decrease of 4.11%, totaling 21.70% [4]

香港联交所最新资料显示，10月14日，Allianz SE减持金力永磁（300748）(06680)78.7万股，每股作价 26.4639港元，总金额约为2082.71万港元。减持后最新持股数目为1575.3万股，最新持股比例为6.92%。 ...

Core Viewpoint - Allianz SE has reduced its stake in Jinli Permanent Magnet (06680) by selling 787,000 shares at a price of HKD 26.4639 per share, totaling approximately HKD 20.8271 million, resulting in a new holding of 15.753 million shares, representing 6.92% of the company [1] Summary by Category - **Share Reduction Details** - Allianz SE sold 787,000 shares of Jinli Permanent Magnet at HKD 26.4639 per share [1] - The total amount from the sale was approximately HKD 20.8271 million [1] - **Post-Transaction Holdings** - After the reduction, Allianz SE's remaining shares in Jinli Permanent Magnet are 15.753 million [1] - The new ownership percentage is 6.92% [1]

Core Insights - Jinli Permanent Magnet (Baotou) Intelligent Manufacturing Co., Ltd. has been established, with a focus on manufacturing electronic materials and components, as well as rare earth functional materials [1][2] - The company is wholly owned by Jinli Permanent Magnet (300748), indicating a strategic expansion in the manufacturing sector [1][2] Company Information - The legal representative of the new company is Su Quan, and it is registered with a capital of 5 million yuan [2] - The company is located in Baotou Rare Earth High-tech Industrial Development Zone, Inner Mongolia, and is classified under the manufacturing industry [2] - The business scope includes the manufacturing and sales of electronic materials, electronic components, non-ferrous metal alloys, and rare earth functional materials, along with technology services and import-export activities [2] Shareholder Structure - The sole shareholder is Jiangxi Jinli Permanent Magnet Technology Co., Ltd., which holds 100% of the shares with a subscribed capital of 121 million yuan [2]

Core Viewpoint - The recent announcement by the Ministry of Commerce on October 9 regarding comprehensive export controls on rare earth-related technologies and overseas items significantly expands the scope of control, enhancing China's pricing power in the rare earth sector and potentially catalyzing market performance [1] Group 1: Policy Impact - The new export control policy is systematic and comprehensive, strengthening China's pricing power in the rare earth market by extending controls to overseas transshipment and technology transfer [1] - The policy creates challenges for overseas companies in obtaining smelting and separation technologies, thereby consolidating China's competitive advantage across the entire industry chain [1] Group 2: Price Trends - Recent prices for praseodymium and neodymium oxide have remained stable within the range of 550,000 to 570,000, with some feedback indicating a reduction in orders from magnetic material manufacturers after November [2] - Despite the recent price fluctuations, the tightening of heavy rare earth smelting and separation capacity and ongoing policy catalysts are expected to provide strong support for prices [2] Group 3: Future Outlook - The price center for rare earths is expected to continue rising, with supply controls extending globally, reinforcing supply rigidity and potentially slowing the release of overseas supply [3] - Demand from sectors such as electric vehicles, wind power, and air conditioning remains robust, and the reinforcement of export controls may lead to increased restocking intentions from overseas terminals, further elevating the price center [3] Group 4: Recommended Stocks - Recommended stocks include Jinli Permanent Magnet (300748.SZ, 06680), China Rare Earth (000831.SZ), Guangsheng Nonferrous (600259.SH), and Northern Rare Earth (600111.SH), with additional mentions of Ningbo Yunsheng (600366.SH) and Zhenghai Magnetic Materials (300224.SH) [4]

智通财经APP获悉，根据2025年10月15日披露数据，恆生中国企业（02828）、金力永磁（06680）、盈 富基金（02800）港股通持股占比增加值最大，分别增加5.93%、4.65%、4.02%；龙蟠科技（02465）、 长飞光纤光缆（06869）、金隅集团（02009）港股通持股占比减少值最大，分别减 少-2.23%、-1.64%、-0.74%。 在最近有统计数据的5个交易日内，金力永磁（06680）、恆生中国企业（02828）、中兴通讯（00763） 港股通持股占比增加值最大，分别增加7.96%、5.48%、5.26%；长飞光纤光缆（06869）、晋景新能(旧) （02945）、龙蟠科技（02465）港股通持股占比减少值最大，分别减少-3.93%、-2.19%、-2.16%。 具体数据如下（交易所数据根据T+2日结算）： 1、港股通最新日占比增持榜（前20名） | 公司名称 | 占比值变动 | 最新持股比例 | | --- | --- | --- | | 金力永磁(06680) | +7.96% | 29.96% | | 恆生中国企业(02828) | +5.48% | 6.65% | | 中兴通讯 ...

Core Viewpoint - Jinli Permanent Magnet's stock price has experienced a significant increase, with a cumulative rise of 39.94% from October 9 to 13, driven by strong earnings forecasts and market interest in the rare earth permanent magnet sector [1][3][5]. Company Performance - Jinli Permanent Magnet announced a projected net profit growth of 157% to 179% for the first three quarters of 2025, with a non-GAAP net profit increase of 365% to 415% [1][15]. - The company reported a revenue of 35.07 billion yuan for the first three quarters, a year-on-year increase of 4.33%, with a net profit of 3.05 billion yuan, up 154.81% [11][17]. - The strong performance is attributed to the recovery in rare earth prices and effective cost management, with significant contributions from the electric vehicle and wind power sectors [7][12]. Market Dynamics - The recent surge in Jinli Permanent Magnet's stock is linked to renewed market interest in the rare earth industry, particularly following the Ministry of Commerce's announcements regarding export controls on rare earth-related items [5][8]. - The stock reached a historical high of 47.77 yuan per share on October 13, representing an increase of approximately 184% from the beginning of the year [5][9]. Industry Trends - The rare earth permanent magnet sector is experiencing a structural upturn, with expectations of increased demand driven by the electric vehicle and clean energy markets [7][11]. - Analysts suggest that the current market performance of Jinli Permanent Magnet reflects a phase of emotional release rather than a typical bubble, with a potential price range of 40-45 yuan per share seen as the upper limit for emotional premium [8][9]. Future Outlook - Jinli Permanent Magnet is expected to maintain high growth until 2026, but challenges may arise post-2027, particularly regarding the realization of growth in emerging sectors like robotics and low-altitude aircraft [18][19]. - The company faces risks related to inventory and price fluctuations, which could impact future earnings visibility if demand does not meet expectations [18][19].

Core Viewpoint - The performance of Jinli Permanent Magnet (300748.SZ) in the third quarter exceeded expectations, driven by significant profit growth and supportive policy signals, making it a market focus [2][4]. Financial Performance - Jinli Permanent Magnet's stock price increased by 39.94% over three trading days from October 9 to 13, 2023, with a notable profit forecast indicating a year-on-year net profit growth of 157% to 179% for the first three quarters of 2025 [2][11]. - The company reported a substantial increase in net profit, with a forecasted range of 5.05 billion to 5.5 billion yuan, and a non-GAAP net profit growth of 365% to 415% [2][13]. - The third quarter is expected to show a net profit of 2 billion to 2.4 billion yuan, reflecting a year-on-year increase of 159% to 217% [11]. Market Dynamics - The recent surge in Jinli Permanent Magnet's stock price is attributed to a recovery in rare earth prices and strong demand in the electric vehicle and clean energy sectors, which are critical for the company's growth [7][9]. - The company is positioned well within the rare earth industry, benefiting from structural changes and a strong customer base, which has led to a significant rebound in profitability [3][7]. Industry Trends - The rare earth permanent magnet sector is experiencing renewed market interest due to government policies on export controls, which have heightened focus on the industry [4][5]. - Jinli Permanent Magnet is seen as a bellwether in this capital chase, with its stock reaching a historical high of 47.77 yuan per share, representing an increase of approximately 184% from the year's low [4][5]. Future Outlook - The company is expected to maintain high growth through 2026, driven by its focus on high-performance rare earth permanent magnet materials, particularly in the electric vehicle and wind power sectors [9][14]. - However, challenges such as increased competition and potential price wars in the industry could impact future profitability, especially if demand does not meet expectations [14][15].

Group 1: Industry Overview - The performance of Hong Kong-listed companies in the non-ferrous metals sector is expected to improve significantly in the first three quarters of 2025, with some companies in the cement and building materials sector also showing signs of recovery [1] - The real estate sector shows a clear divergence in performance among companies, with some experiencing significant growth while others struggle [1] Group 2: Non-Ferrous Metals Companies - Jinli Permanent Magnet expects a net profit of 505 million to 550 million yuan for the first three quarters, representing a year-on-year increase of 157% to 179% [2] - The company attributes its growth to a focus on stable and compliant operations, market expansion, and efficiency improvements, alongside effective management of raw material inventory [2] - Shandong Gold anticipates a net profit of 3.8 billion to 4.1 billion yuan, an increase of 83.9% to 98.5% year-on-year, driven by optimized production and rising gold prices [3] Group 3: Cement and Building Materials Sector - China National Building Material expects to turn a loss into a profit with an estimated profit of 2.95 billion yuan for the first three quarters, compared to a loss of 684 million yuan in the same period last year [4] - The profit increase is attributed to lower sales costs of cement and concrete, higher prices of fiberglass, and increased sales of wind turbine blades and coatings [4] - Recent policies are expected to support the building materials industry, including a draft proposal for carbon emissions trading quotas for the steel, cement, and aluminum industries [5] Group 4: Real Estate Sector - Real estate companies show significant performance divergence, with market concentration increasing and stronger companies gaining more [7] - China Resources Land reported a recurring income of approximately 4.1 billion yuan for September 2025, a year-on-year increase of 7.5% [7] - Green Town China achieved a contract sales area of approximately 3.08 million square meters and a contract sales amount of approximately 107.9 billion yuan from January to September 2025 [7] Group 5: Market Trends and Outlook - The real estate market is showing signs of recovery, particularly in high-energy cities, while third and fourth-tier cities are still stabilizing [8] - There is a growing confidence among real estate companies regarding future market conditions, supported by ongoing policy measures and local government actions [8] - The central government emphasizes the importance of quality housing, which may lead to a wave of development in high-quality residential projects [8]