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 致：宁波韵升股份有限公司（贵公司） 北京国枫律师事务所（以下简称"本所"）接受贵公司的委托，指派律师出席并见 证贵公司 2023 年年度股东大会（以下简称"本次会议"）。 本所律师根据《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》"）、《上市公司股东大会规则》（以下简 称"《股东大会规则》"）、《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》"）的规定，就本次会议的召集与召开程序、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。 关于宁波韵升股份有限公司 2023 年年度股东大会的 法律意见书 国枫律股字[2024]A0287 号 对本法 ...

证券代码：600366 证券简称：宁波韵升 编号：2024—030 宁波韵升股份有限公司 第十一届监事会第一次会议决议的公告 本公司监事会及全体监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个别及连带责任。 一、监事会会议召开情况 宁波韵升股份有限公司（以下简称"公司"）于 2024 年 5 月 20 日以现场方式召 开了第十一届监事会第一次会议。会议通知于公司 2023 年年度股东大会选举产生第 十一届监事会成员后，以现场口头和电话通知方式告知，全体监事一致同意豁免本 次会议通知时限要求。本次会议应参加监事 5 人，实际参加监事 5 人，全体监事一 致推举潘永明先生主持本次会议。本次会议的召集、召开和表决程序符合有关法律、 法规和公司章程的规定，会议形成的决议合法有效。 二、监事会会议审议情况 1、审议通过了《关于选举第十一届监事会监事会主席的议案》 选举潘永明先生为公司第十一届监事会监事会主席，任期自本次监事会会议审 议通过之日起至第十一届监事会届满之日止。 表决结果：7 票赞成、0 票反对、0 票弃权。 特此公告。 宁波韵升股份有限公司 监 事 会 ...

证券代码：600366 证券简称：宁波韵升 编号：2024—029 选举竺晓东先生为公司董事长，任期自本次董事会会议审议通过之日起至第十 一届董事会届满之日止。 第十一届董事会第一次会议决议的公告 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个别及连带责任。 一、董事会会议召开情况 表决结果：7 票赞成、0 票反对、0 票弃权。 2、审议通过了《关于选举公司第十一届董事会各专门委员会委员的议案》 宁波韵升股份有限公司 宁波韵升股份有限公司（以下简称"公司"）于 2024 年 5 月 20 日以现场结合通 讯方式召开了第十一届董事会第一次会议。会议通知于公司 2023 年年度股东大会选 举产生第十一届董事会成员后，以现场口头及电话通知方式告知，全体董事一致同 意豁免本次会议通知时限要求。本次会议应参加董事 7 人，实际参加董事 7 人，全 体董事一致推举竺晓东先生主持本次会议。公司监事、高级管理人员候选人列席了 会议。本次会议的召集、召开和表决程序符合有关法律、法规和公司章程的规定， 会议形成的决议合法有效。 二、董事会会议审议情况 1 ...

特此公告。 证券代码：600366 证券简称：宁波韵升 编号：2024-028 宁波韵升股份有限公司 关于选举职工监事的公告 本公司监事会及全体监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个别及连带责 任。 鉴于宁波韵升股份有限公司（以下简称"公司"）第十届监事会任期届满， 根据《公司法》、《公司章程》等有关规定，公司于 2024 年 5 月 20 日召开职工 代表大会。经与会职工代表审议，会议选举潘永明先生、林森优女士为公司第 十一届监事会职工代表监事（简历见附件）。以上两位职工监事将与公司 2023 年度股东大会选举产生的 3 名非职工监事共同组成第十届监事会，任期至第十 一届监事会届满。 宁波韵升股份有限公司 监 事 会 2024 年 5 月 21 日 潘永明先生与公司董事、监事、高级管理人员、实际控制人及持股 5%以上 的股东不存在关联关系，未持有公司股票，不存在《上海证券交易所上市公司 自律监管指引第 1 号——规范运作》第 3.2.2 条所列不得被提名担任上市公司 董事、监事、高级管理人员的情形。 附件：职工代表监事简历 潘永明先生：197 ...

证券代码：600366 证券简称：宁波韵升 公告编号：2024-027 宁波韵升股份有限公司 2023 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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 18 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 364,787,202 | | 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（%） | 33.1048 | （注：截至股权登记日公司总股份为 1,111,758,051 股，其中公司已回购的股份数量为 9,843,000 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 1,101,915,051 股）。 (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 (一) 股东大会召开的时间：2024 年 05 月 20 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 ...

证券代码：600366 证券简称：宁波韵升 公告编号：2024-026 关于召开 2023 年度暨 2024 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： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频直播和网络互动 投资者可于 2024 年 05 月 20 日(星期一)至 05 月 24 日(星期五)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 stock@ysweb.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 宁波韵升股份有限公司（以下简称"公司"）已于 2024 年 4 月 30 日发布 公司 2023 年年度报告及 2024 年第一季度报告，为便于广大投资者更全面深入 地了解公司 2023 年度及 2024 年第一季度的经营成果、财务状况，公司计划于 2024 年 05 月 27 日下午 15:00-16:30 举行 2023 年度暨 2024 年第一季度业绩说 明会，就 ...

宁波韵升股份有限公司 2023 年年度股东大会 会议资料 二○二四年五月 宁波韵升股份有限公司 2023 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 | | | | | | | 1、2023 年度董事会工作报告 | | | 竺晓东 | | 3 | | 2、2023 年度监事会工作报告 | | 朱 | 峰 | | 13 | | 3、2023 年年度报告及其摘要 | | | 竺晓东 | | 15 | | 4、2023 年度财务决算报告 | | | 张迎春 | | 25 | | 年度利润分配的预案 5、关于 2023 | | | 张迎春 | | 30 | | 6、关于续聘会计师事务所的议案 | | | 张迎春 | | 32 | | 7、关于支付会计师事务所年度报酬的议案 | | | 张迎春 | | 34 | | 年度对控股子公司担保额度预计的议案 8、关于 2024 | | | ...

Investment Rating - The investment rating for the company is "Accumulate - A" with a 6-month target price of 7.7 CNY, compared to the current stock price of 6.29 CNY [2][27]. Core Views - The company's performance has been negatively impacted by the decline in rare earth prices, but there is an expectation for improvement in Q2 [1][22]. - The company reported a revenue of 5.37 billion CNY in 2023, a decrease of 16.23% year-on-year, and a net profit of -227 million CNY [31][27]. - The company has a production capacity of 21,000 tons per year for neodymium-iron-boron materials, with a delay in the investment project due to market conditions [32][27]. Financial Performance - Revenue for 2023 is projected at 5.07 billion CNY, with a net profit forecast of 384 million CNY for 2024 [35][27]. - The company’s sales in the new energy vehicle sector accounted for 39.2% of its neodymium-iron-boron product revenue in 2023 [23][27]. - The company’s earnings per share (EPS) are expected to be 0.35 CNY in 2024, increasing to 0.60 CNY by 2026 [27][35]. Market Position - The company has established a strong position in the domestic new energy vehicle market, with a market share of 23.2% based on 2023 sales data [32][27]. - The sales revenue from neodymium-iron-boron products in the new energy vehicle sector was 18.32 billion CNY in 2023 [23][27]. Price Trends - The average price of praseodymium-neodymium oxide is expected to fluctuate, with a projected average of 48.6 CNY per ton in Q3 2023 [23][27]. - As of April 30, 2023, the price of praseodymium-neodymium oxide rebounded from 354,000 CNY per ton to 404,000 CNY per ton, an increase of 14% [23][27].

Financial Performance - The company's operating revenue for 2023 was approximately ¥5.37 billion, a decrease of 16.23% compared to ¥6.41 billion in 2022[22]. - The net profit attributable to shareholders of the listed company was approximately -¥227.43 million, compared to a profit of ¥355.69 million in 2022[22]. - The net profit after deducting non-recurring gains and losses was approximately -¥201.42 million, down from ¥381.59 million in 2022[22]. - The cash flow from operating activities was approximately ¥1.09 billion, showing a significant recovery from -¥996.05 million in the previous year[22]. - The total assets at the end of 2023 were approximately ¥8.56 billion, a decrease of 11.68% from ¥9.69 billion at the end of 2022[23]. - The net assets attributable to shareholders of the listed company decreased by 3.53% to approximately ¥5.91 billion from ¥6.12 billion in 2022[22]. - The company reported a basic earnings per share of -0.2085 yuan, a decrease from 0.3600 yuan in 2022[24]. - The company reported a diluted earnings per share of -0.2081 yuan, down from 0.3562 yuan in 2022[24]. - The weighted average return on equity decreased to -3.80% from 6.97% in the previous year, a drop of 10.77 percentage points[24]. Revenue Breakdown - The main business revenue was 4.676 billion yuan, a decrease of 13.81% compared to the previous year due to declining sales prices[31]. - The company achieved a total sales weight of neodymium-iron-boron permanent magnet materials of 10,788 tons, an increase of 12.22% year-on-year[31]. - In the new energy vehicle sector, the company generated approximately 1.832 billion yuan in sales, a year-on-year growth of about 24%, capturing a market share of 23.2% in the domestic new energy passenger vehicle market[39]. - In the consumer electronics sector, the company reported sales of neodymium-iron-boron materials of approximately 1.102 billion yuan, a decrease of about 38% year-on-year[40]. - The company's main business revenue was 4.676 billion yuan, a decrease of 13.81% year-on-year, with sales revenue from magnetic components at 142 million yuan[39]. - The industrial automation market in China saw a year-on-year decline of 1.8% in 2023, with the general servo market size at approximately 21.3 billion yuan, down 4.1% from 2022[36]. Production and Capacity - The company has established a production capacity of 21,000 tons/year for neodymium-iron-boron raw materials and 10,000 tons/year for grain boundary diffusion by the end of 2023[32]. - The production volume of neodymium iron boron magnets was 10,362 tons, while the sales volume reached 10,788 tons, resulting in a year-on-year sales volume increase of 12.21%[55]. - The production capacity for high-performance neodymium iron boron magnets reached 21,000 tons annually by the end of the reporting period[46]. Research and Development - The company authorized 3 invention patents and participated in 12 government projects, including 9 national-level projects[32]. - Research and development expenses decreased by 21.85% to CNY 313,656,497.10 compared to the previous year[50]. - The total R&D investment was CNY 313,656,497.10, representing 5.84% of operating revenue[63]. - The company employed 471 R&D personnel, making up 14.55% of the total workforce[64]. - The company has made significant technological advancements in high-performance neodymium-iron-boron materials, with ongoing proprietary technology breakthroughs and patent applications in various areas[43]. Market Strategy - The company is actively expanding its overseas market for new energy vehicles, transitioning its customer base from tier 1/2 suppliers to end manufacturers[40]. - The company is focusing on technological innovation and product competitiveness to maintain existing key customers and capture more market share in the industrial and other applications sector, where sales revenue was approximately 1.742 billion yuan, a decrease of about 20% year-on-year[40]. - The company is focusing on low-carbon, intelligent, and electrification development trends, aligning with national carbon neutrality goals[31]. - The company is committed to developing new products and technologies, including low rare earth and no rare earth technologies, to meet market needs[86]. Environmental and Social Responsibility - The company invested approximately 12.5 million yuan in environmental protection during the reporting period, focusing on wastewater and solid waste disposal[137][140]. - The company achieved a 100% compliance rate for emissions during the reporting period[140]. - The company has implemented carbon reduction measures, achieving a reduction of 30,608.57 tons of CO2 equivalent emissions through various initiatives, including the use of photovoltaic power and green materials[147]. - The company has committed to donating 500,000 yuan annually to the Ningbo Yinzhou District Charity Association as part of its social responsibility initiatives[150]. - The company has actively participated in poverty alleviation efforts, contributing 50,000 yuan to educational support projects benefiting 100 students in the Liangshan Prefecture[151]. Governance and Management - The company held 1 annual and 1 extraordinary shareholders' meeting during the reporting period, ensuring equal rights for all shareholders, especially minority shareholders[97]. - The board of directors consists of 6 members, including 3 independent directors with backgrounds in materials, law, and finance, complying with legal requirements[97]. - The company conducted 13 board meetings and 8 supervisory meetings during the reporting period, ensuring effective governance and oversight[98]. - The company has established an insider information registration management system to control the scope of insider information and ensure compliance with regulations[99]. - The company maintains independence from its controlling shareholder in terms of personnel, assets, finance, and operations, ensuring no interference in daily operations[100]. Financial Management - The company has engaged Tianheng Accounting Firm for auditing services, with a remuneration of RMB 1,000,000 for the current year[161]. - The company has not faced any delisting risk or related warnings during the reporting period[162]. - The company has not reported any significant matters that would impact investor value judgments or investment decisions[191]. - The company has not disclosed any new product or technology developments in the provided documents[186]. - The company has not indicated any market expansion or acquisition strategies in the provided documents[186].

Financial Performance - The company's operating revenue for Q1 2024 was ¥1,026,082,261.87, representing a decrease of 28.25% compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company was -¥431,534.50, indicating a significant loss[6]. - The company achieved a main business revenue of 948 million yuan, a decrease of 23.86% compared to the same period last year[17]. - Total revenue for Q1 2024 was approximately ¥1.03 billion, a decrease of 28.3% compared to ¥1.43 billion in Q1 2023[24]. - Net profit for Q1 2024 was a loss of approximately ¥2.26 million, compared to a profit of ¥19.34 million in Q1 2023[25]. - Basic and diluted earnings per share for Q1 2024 were both -¥0.0004, compared to ¥0.0175 and ¥0.0174 respectively in Q1 2023[26]. Cash Flow - The net cash flow from operating activities was ¥5,233,446.72, showing a decline due to reduced cash payments for purchased goods[10]. - Cash inflow from operating activities in Q1 2024 was approximately ¥1.10 billion, a decrease of 11.7% from ¥1.25 billion in Q1 2023[27]. - Cash outflow from operating activities in Q1 2024 was approximately ¥1.10 billion, down 13.3% from ¥1.27 billion in Q1 2023[27]. - The net cash flow from operating activities for Q1 2024 was $5,233,446.72, a decrease of $17,231,020.29 compared to the previous period[28]. - The total cash inflow from investment activities was $312,327,245.53, an increase of $12,780,086.14 year-over-year[28]. - The net cash flow from investment activities was $46,366,278.13, recovering from a loss of $41,985,678.31 in the previous period[28]. - The cash inflow from financing activities amounted to $500,000,000.00, down from $920,000,000.00 in the prior year[28]. - The net cash flow from financing activities was $343,158,516.45, an increase of $189,726,517.68 compared to the previous period[28]. - The total cash and cash equivalents at the end of Q1 2024 reached $1,677,953,372.21, up from $1,429,926,451.69 in the previous year[28]. - The cash increase for the period was $395,547,981.15, compared to an increase of $102,040,127.13 in the prior year[28]. Assets and Liabilities - The total assets at the end of the reporting period were ¥8,861,111,674.70, an increase of 3.49% from the previous year[7]. - The company's current assets totaled approximately 5.996 billion yuan, compared to 5.667 billion yuan at the end of 2023[18]. - The company's total liabilities were 2.916 billion yuan, up from 2.617 billion yuan at the end of 2023[20]. - The company's cash and cash equivalents increased to approximately 1.678 billion yuan from 1.283 billion yuan at the end of 2023[18]. - The company's long-term borrowings rose to 943 million yuan from 699 million yuan at the end of 2023[20]. - The company's retained earnings stood at approximately 3.269 billion yuan, slightly down from 3.269 billion yuan at the end of 2023[20]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 73,555[11]. - The largest shareholder, Yunsen Holding Group Co., Ltd., held 28.8% of the shares, totaling 320,406,816 shares[12]. - The total shares held by the top 10 unrestricted shareholders include 320,406,816 shares from Yunsheng Holdings Group, representing 28.82% of the total shares[15]. - The company repurchased 9,843,000 shares by the end of the reporting period[15]. - The top shareholder, Yunsheng Holdings Group, maintained a consistent holding of 320,406,816 shares throughout the reporting period[15]. - The second largest shareholder, Huayuan (Hong Kong) Limited, holds 17,458,654 shares, accounting for 1.57% of total shares[15]. - The total shares held by Ningbo Qianhao Investment Limited is 11,056,870, representing 0.99% of total shares[15]. - The company reported a decrease in the shareholding percentage of Huayuan Media Internet Mixed Securities Investment Fund from 0.97% to 0.85%[16]. - The shareholding of Beijing Yian Capital Management Limited in Yian Fuhua No. 12 Private Securities Investment Fund is 6,090,063, which is 0.55% of total shares[16]. - The shareholding of Zhu Yunde is 5,366,635, representing 0.48% of total shares[16]. - The total shares held by Ningbo Jiatuo Investment Partnership is 8,701,300, accounting for 0.78% of total shares[15]. - The total shares held by China North Industries Group is 7,874,015, representing 0.71% of total shares[15]. Operational Highlights - Sales revenue from neodymium iron boron permanent magnet materials for electric vehicle applications was 401 million yuan, down 21.83% year-on-year, with a market share of approximately 21.4% in the domestic electric vehicle main drive market[17]. - Sales revenue from neodymium iron boron permanent magnet materials for consumer electronics applications was 188 million yuan, a decrease of 29.59% year-on-year[17]. - Sales revenue from neodymium iron boron permanent magnet materials for industrial and other applications was 359 million yuan, down 22.80% year-on-year[17]. - Research and development expenses for Q1 2024 were approximately ¥35.12 million, a significant decrease of 70% from ¥117.28 million in Q1 2023[24]. - Sales expenses for Q1 2024 were approximately ¥17.93 million, a slight decrease of 7.3% from ¥19.35 million in Q1 2023[24]. - Management expenses for Q1 2024 were approximately ¥52.93 million, down 18.5% from ¥64.99 million in Q1 2023[24]. - Other income for Q1 2024 was approximately ¥26.70 million, a substantial increase from ¥3.96 million in Q1 2023[24]. Accounting Standards - The company did not apply new accounting standards or interpretations for the first time in 2024[29].