Core Viewpoint - The legal opinion letter confirms the legality and validity of the procedures and results of the 2024 annual general meeting of Ningbo Yunsheng Co., Ltd. [1][2][9] Group 1: Meeting Procedures - The annual general meeting was convened by the 11th Board of Directors of Ningbo Yunsheng and publicly announced on April 30, 2025 [3][4] - The meeting was held on May 30, 2025, at the company's conference room, combining on-site and online voting methods [3][4] - The notice and procedures for convening the meeting complied with relevant laws, regulations, and the company's articles of association [4][9] Group 2: Attendance and Voting - A total of 638 shareholders participated in the meeting, representing the required qualifications for attendance [4][9] - The voting results showed a high level of agreement on the proposed resolutions, with the majority receiving over 99% approval [5][6][8] - The voting process was conducted in accordance with legal and regulatory requirements, ensuring the legitimacy of the results [9]

Meeting Details - The shareholders' meeting was held on May 30, 2025, at the company's exhibition center in Ningbo, Zhejiang Province [1] - The total number of shares held by attending shareholders represented 35.5002% of the company's total shares [1] - The meeting was legally valid and followed the regulations of the Company Law and the company's articles of association [1] Voting Results - All non-cumulative voting proposals were approved with a high percentage of agreement, such as 99.6529% for the first proposal [1] - The voting results for various proposals showed consistent support, with percentages ranging from 99.4916% to 99.6543% for different resolutions [2][3] - The cumulative voting proposals also received significant support, with the highest approval rate being 99.6447% [3] Legal Compliance - The meeting's notice, convening, and procedures were confirmed to comply with legal and regulatory requirements [5] - The qualifications of the convenor and attendees were deemed valid, and the voting procedures and results were legally effective [5]

本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 05 月 30 日 (二)股东大会召开的地点：浙江省宁波市鄞州区扬帆路 1 号公司展示中心会议室 证券代码：600366 证券简称：宁波韵升 公告编号：2025-037 宁波韵升股份有限公司 2024年年度股东大会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 638 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 382,067,242 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 35.5002 | （注：截至股权登记日公司总股份为 1,099,041,051 股，其中公司已回购的股份数量为 22,799,893 股，该等回购的股份不享有表决权，故本次股东大会享有表决权的总股本数为 1,076,241,15 ...

北京市东城区建国门内大街 26 号新闻大厦 7 层、8 层 电话：010-88004488/66090088 传真：010-66090016 邮编：100005 北京国枫律师事务所 关于宁波韵升股份有限公司 2024 年年度股东大会的 法律意见书 国枫律股字[2025] A0301号 致：宁波韵升股份有限公司（"贵公司"或"宁波韵升"） 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和 国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》（以下简称"《股 东会规则》"）、《律师事务所从事证券法律业务管理办法》（以下简称"《证券法 律业务管理办法》"）、《律师事务所证券法律业务执业规则（试行）》（以下简称 "《证券法律业务执业规则》"）等相关法律、行政法规、规章、规范性文件及《宁 波韵升股份有限公司章程》（以下简称"公司章程"）等有关规定，就本次股东大会 的召集与召开程序、召集人资格、出席会议人员资格、会议表决程序及表决结果等事 宜，出具本法律意见书。 对本法律意见书的出具，本所律师特作如下声明： 1．本所律师仅就本次股东大会的召集与召开程序、召集人和出席现场会议人员 资格、会议表 ...

Core Viewpoint - Ningbo Yunsen Co., Ltd. will hold a performance briefing for the fiscal year 2024 and the first quarter of 2025 on June 3, 2025, to address investor concerns and discuss financial results [1][2]. Group 1: Meeting Details - The meeting is scheduled for June 3, 2025, from 15:00 to 16:30 [2][3]. - It will take place at the Shanghai Stock Exchange Roadshow Center, accessible via the website: https://roadshow.sseinfo.com/ [2][3]. - The format will include video streaming and online interaction [2]. Group 2: Participation Information - Investors can submit questions from May 26, 2025, to May 30, 2025, before 16:00 through the Roadshow Center's "Pre-Question Collection" section or via the company's email [3]. - The company will respond to commonly asked questions during the briefing [3]. Group 3: Participants - Key participants include Chairman and General Manager Mr. Zhu Xiaodong, Secretary of the Board Mr. Zhao Jiakai, Chief Financial Officer Ms. Zhang Yingchun, and Independent Director Mr. Ye Yuanhua [2]. Group 4: Contact Information - For inquiries, investors can contact the Securities Investment Center at phone number 0574-87776939 or via email at stock@ysweb.com [3].

证券代码：600366 证券简称：宁波韵升 公告编号：2025-036 宁波韵升股份有限公司 关于召开 2024 年度暨 2025 年第一季度 业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2025 年 06 月 03 日 （星期二） 15:00-16:30 一、 说明会类型 本次投资者说明会以视频结合网络互动召开，公司将针对 2024 年度的经营成果及财务指标的具体情况与投资者进行互动交流和沟 通，在信息披露允许的范围内就投资者普遍关注的问题进行回答。 二、 说明会召开的时间、地点 （一）会议召开时间：2025年06月03日（星期二）15:00-16:30 （二） 会议召开地点：上海证券交易所上证路演中心（网址： https://roadshow.sseinfo.com/） （三） 会议召开方式：上证路演中心视频直播和网络互动 三、 参加人员 董事长、总经理：竺晓东先生 会议召开地点：上海证券交易所上证路演中心（网址： https://roadshow.sseinfo.com ...

宁波韵升股份有限公司 2024 年年度股东大会 会议资料 2025 年 5 月 30 日 - 3- - 二○二五年五月 - 1- - 宁波韵升股份有限公司 2024 年年度股东大会会议议程安排 | 现场会议议程 | 发言人 | 页码 | | --- | --- | --- | | 一、主持人宣布现场会议开始 | 竺晓东 | | | 二、审议议案 | | | | 非累积投票议案 | | | | 年度董事会工作报告 1、2024 | 竺晓东 | 4 | | 2、2024 年度监事会工作报告 | 潘永明 | 15 | | 3、2024 年年度报告及其摘要 | 竺晓东 | 18 | | 4、2024 年度财务决算报告 | 张迎春 | 27 | | 5、关于 2024 年度利润分配的预案 | 张迎春 | 31 | | 6、关于续聘会计师事务所的议案 | 张迎春 | 34 | | 7、关于支付会计师事务所年度报酬的议案 | 张迎春 | 37 | | 8、关于 2025 年度对控股子公司担保额度预计的议案 | 张迎春 | 38 | | 9、关于 2025 年度委托理财额度的议案 | 张迎春 | 41 | | 10、关于 年 ...

Group 1 - Huawei officially launched its Harmony OS computers, with the first foldable model priced at 23,999 yuan and the MateBook Pro starting at 7,999 yuan, marking a significant expansion into the desktop ecosystem [1] - The Harmony OS 5 aims to deepen the integration between mobile and desktop environments, showcasing a foldable design with an 18-inch display that folds to 13 inches, weighing only 1.16 kg [1] Group 2 - The State Administration of Foreign Exchange reported a positive trend in foreign investment in RMB assets, with foreign investors increasing their holdings of domestic bonds by 10.9 billion USD in April [2] - In late April, foreign investment in domestic stocks turned into net purchases, indicating a growing confidence in the Chinese market [2][3] Group 3 - Xinhua Insurance has been approved to participate in the third batch of long-term investment reform pilot programs, planning to establish the Honghu Fund Phase III, which has received regulatory approval [4] - This marks the third consecutive phase of the Honghu Fund initiated by Xinhua Insurance, reflecting a commitment to long-term investment strategies [4] Group 4 - Despite triggering "serious abnormal fluctuations," Chengfei Integration has seen its stock price rise for nine consecutive trading days, with a cumulative increase of 135.8% since May 7 [6] - The company has a low revenue contribution from its core aviation parts business, indicating that its recent stock performance may be driven more by market speculation than fundamental business strength [6][7] Group 5 - At least six rare earth material companies have received export licenses from the Ministry of Commerce, amid ongoing export control measures on certain rare earth elements [7] - The supply of rare earths may face short-term reductions due to various factors, although industry experts predict that prices will not experience significant fluctuations this year [7] Group 6 - The U.S. stock market experienced a collective decline, with major indices falling due to Moody's downgrade of the U.S. credit rating, impacting technology stocks significantly [8] - Notable declines were observed in major tech stocks, with Tesla dropping over 3% and other companies like Nvidia and TSMC also experiencing losses [8] Group 7 - The UK is expected to agree to restart trade and defense cooperation with the EU, marking a significant shift in relations since Brexit [9] - This move aims to boost economic growth and enhance security in the European region [9] Group 8 - The U.S. Congress is reviewing President Trump's comprehensive tax reduction bill, which has passed a key committee, but still faces challenges ahead [10][11] - The House Rules Committee is set to review the bill, with a potential vote expected later in the week [11][12] Group 9 - Ctrip's report indicates a strong recovery in the tourism sector for the upcoming Dragon Boat Festival, with domestic and inbound travel showing significant growth [14] - The report highlights a 100% increase in hotel search interest for inbound travel, suggesting a robust rebound in the tourism industry [14]

智通财经5月19日讯（记者 汪斌）钐、钆、铽、镝、镥、钪、钇等7类中重稀土相关物项实施出口管制 措施满45天，智通财经记者从业内获悉，已经有至少6家企业拿到了商务部发放的稀土两用物质出口许 可证件（下称"稀土出口许可证"），另有多家上市公司稀土出口许可证的审批流程正在不断推进。 截至5月18日，拿到稀土出口许可证的企业包括中科三环（000970.SZ）、宁波韵升（600366.SH）、正 海磁材（300224.SZ）、天和磁材（603072.SH）、英斯特（301622.S）、大地熊（688077.SH）等至少6 家稀土磁材企业发放了稀土出口许可证。另外，北方稀土（600111.SH）、广晟有色（600259.SH）、英 洛华（000795.SZ）等公司的稀土出口许可证正在申请中。 受政策、市场、生产运输条件等因素的限制，稀土供应端短期内供应量或出现一定程度的缩减。但与此 同时，下游需求进入淡季。业内预计，今年全年稀土价格不会出现大幅度波动。 至少6家稀土磁材企业单项许可获批 今年4月，商务部和海关总署联合对钐、钆、铽、镝等7类中重稀土相关物项实行出口管制，涵盖金属、 合金和永磁材料等多种形式。这7类中重稀土 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [2][7] Core Views - The company reported a revenue of 5.041 billion yuan in 2024, a decrease of 6.11% year-on-year, while the net profit attributable to shareholders was 95 million yuan, an increase of 141.81% year-on-year [4] - In Q1 2025, the company achieved a revenue of 1.122 billion yuan, an increase of 9.36% year-on-year, with a net profit of 37 million yuan, turning positive from a loss [4] - The company’s sales volume of neodymium-iron-boron reached 12,900 tons in 2024, up 19.33% year-on-year, while the average price decreased by 32.24% to 175.04 yuan/kg [5] - The sales revenue from neodymium-iron-boron materials for electric vehicles in Q1 2025 was 574 million yuan, a year-on-year increase of 43.14%, accounting for 51% of total revenue [6] Financial Performance Summary - The company’s gross margin for neodymium-iron-boron magnetic steel business was 14.54% in 2024, an increase of 8.48 percentage points year-on-year [5] - The forecasted net profits for 2025, 2026, and 2027 are 230 million yuan, 390 million yuan, and 487 million yuan respectively, with corresponding P/E ratios of 39, 23, and 18 [7] - The company’s total assets are projected to grow from 9.023 billion yuan in 2024 to 13.311 billion yuan by 2027 [16] Industry Insights - The supply side of rare earth materials is expected to be constrained, with limited incremental supply due to changes in import regulations and reduced imports from Myanmar and the US [6] - Demand for neodymium-iron-boron is anticipated to grow, particularly in the electric vehicle sector and emerging fields such as humanoid robots [6]