Core Viewpoint - Jinli Permanent Magnet (300748) reported significant growth in both revenue and net profit for Q3 2025, indicating strong operational performance and market demand in key sectors [1] Financial Performance - In Q3 2025, the company achieved revenue of 1.866 billion yuan, a year-on-year increase of 12.91% [1] - The net profit attributable to shareholders for Q3 2025 was 211 million yuan, reflecting a substantial year-on-year growth of 172.65% [1] - For the first three quarters of 2025, the company reported total revenue of 5.373 billion yuan, up 7.16% year-on-year [1] - The net profit attributable to shareholders for the first three quarters was 515 million yuan, marking a year-on-year increase of 161.81% [1] Capacity and Sales Performance - The company has steadily released new production capacity, maintaining high utilization rates [1] - In the new energy vehicles and auto parts sector, sales revenue reached 2.615 billion yuan, with a corresponding sales volume increase of 23.46% year-on-year [1] - In the energy-saving variable frequency air conditioning sector, sales revenue was 1.446 billion yuan, with a sales volume increase of 18.48% year-on-year [1]

证券代码：300748 证券简称：金力永磁 公告编号：2025-071 表决结果：赞成票 8 票；反对票 0 票；弃权票 0 票。 《江西金力永磁科技股份有限公司 2025 年第三季度报告》全文刊登于中国 证监会指定的创业板上市公司信息披露媒体巨潮资讯网（www.cninfo.com.cn）上， 供投资者查阅。 二、备查文件： 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限公司（以下简称"公司"）于 2025 年 10 月 8 日以电话、邮件、书面方式通知各位董事，公司第四届董事会第十一次会议于 2025 年 10 月 20 日（星期一）以通讯表决方式召开。会议由董事长蔡报贵先生 召集并主持，会议应出席董事 8 名，实际出席董事 8 名。会议的召集召开和表决 程序符合《中华人民共和国公司法》及《公司章程》的有关规定。会议经表决， 审议通过如下议案： 一、审议通过《关于<公司 2025 年第三季度报告>的议案》 公司董事会在全面审核公司 2025 年第三季度报告后，一致认为：公司 2025 年第三季度报告编制和审核的程序符合相关法律法规 ...

江西金力永磁科技股份有限公司 2025 年第三季度报告 证券代码：300748 证券简称：金力永磁 公告编号：2025-072 江西金力永磁科技股份有限公司 2025 年第三季度报告 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。 重要内容提示： 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个 别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、完 整。 3.第三季度财务会计报告是否经过审计 □是 否 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 1,865,909,777.54 | 12.91% | 5,372,948,385.98 | 7.16% ...

Core Viewpoint - Jinli Permanent Magnet announced the resignation of non-executive director and strategic committee member Li Xiaoguang due to work adjustments, effective immediately upon delivery to the board [1] Group 1 - The company expressed gratitude for Li Xiaoguang's contributions during his tenure [1] - The company plans to complete the supplementary election for a non-independent director in accordance with legal requirements as soon as possible [1]

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]