Core Viewpoint - Jintian Co., Ltd. announced its participation in establishing an industrial fund, contributing RMB 60 million as a limited partner, which represents 20% of the total subscribed capital [1] Group 1: Company Actions - The company held its ninth board meeting on October 31, 2025, where it approved the proposal to participate in the establishment of the industrial fund [1] - The fund will be named Jiaxing Jintian Huari Supermaterial Equity Investment Partnership (Limited Partnership), pending final approval from the registration authority [1] Group 2: Financial Commitment - Jintian Co., Ltd. will invest RMB 60 million in the fund, which is a significant financial commitment aimed at enhancing its investment portfolio [1] - The company is collaborating with Zhejiang Fuhua Ruiyin Investment Management Co., Ltd. and Tongxiang Jinxin Huari Enterprise Management Partnership (Limited Partnership) in this investment [1]

Core Viewpoint - Ningbo Jintian Copper (Group) Co., Ltd. reported a slight decline in revenue for the first three quarters of 2025, but significant growth in net profit and net profit after deducting non-recurring items, indicating improved operational efficiency and profitability [1][2]. Financial Performance - For the first three quarters of 2025, the company achieved operating revenue of 91.765 billion yuan, a year-on-year decrease of 0.09% [1]. - The net profit attributable to shareholders was 588 million yuan, reflecting a year-on-year increase of 104.37% [1]. - The net profit after deducting non-recurring items reached 400 million yuan, up 205.69% year-on-year [1]. - In Q3 alone, the company reported operating revenue of 32.471 billion yuan, down 4.42% year-on-year [1]. - The net profit for Q3 was 215 million yuan, an increase of 30.30% year-on-year [1]. - The net profit after deducting non-recurring items for Q3 was 137 million yuan, showing a remarkable increase of 1326.18% year-on-year [1]. Business Strategy and Market Position - The company is advancing its "dual upgrade of products and customers" strategy, which has led to steady improvements in operational quality [1]. - Jintian Copper's products are increasingly applied in high-end sectors, with successful expansion into overseas markets [1]. - The company is enhancing operational efficiency through digital construction and management improvements, contributing to profitability growth [1]. Product Applications and Pricing Strategy - Jintian Copper's copper and copper alloy products are widely used in sectors such as new energy vehicles, clean energy, communications electronics, electric power, and rail transportation [2]. - The company employs a pricing model based on "raw material prices + processing fees," effectively managing cost transmission [2]. - Strict adherence to the hedging management system helps mitigate the impact of raw material price fluctuations on net profit [2]. Future Outlook - The management expresses confidence in the business development prospects, supported by a strong cultural foundation and organizational capabilities built over 39 years [2]. - The company has established a significant market position and global industrial layout, along with leading manufacturing and R&D capabilities [2]. - A specialized product matrix and a solid customer base in the industry, along with future-oriented green recycling technology barriers, lay a strong foundation for becoming a world-class copper products and advanced materials base [2].

Core Viewpoint - The company is establishing a fund in collaboration with Zhejiang Fuhua Ruiyin Investment Management Co., Ltd. and Tongxiang Jinxin Huairui Enterprise Management Partnership (Limited Partnership) to invest in high-tech enterprises focused on the new materials industry, with a total fundraising target of RMB 300 million [1] Group 1 - The company plans to contribute RMB 60 million, accounting for 20% of the total committed capital for the fund [1] - This investment aligns with the company's strategic development plan and aims to enhance its exploration in the new materials sector [1] - The investment is expected to support the company's product upgrades during the "14th Five-Year Plan" period and promote high-quality development [1] Group 2 - The investment will not conflict with the company's main business and will not lead to any industry competition [1] - The funding source for this investment is the company's own funds, ensuring no significant impact on its financial and operational status [1] - There are no circumstances that would harm the interests of the company or all shareholders [1]

Core Viewpoint - Jintian Co., Ltd. (601609.SH) announced its plan to invest 60 million yuan as a limited partner in a new fund focused on the new materials industry, aiming to enhance its strategic development and product upgrades during the 14th Five-Year Plan period [1] Group 1 - The company will contribute 60 million yuan, representing 20% of the total subscription amount for the new investment partnership [1] - The fund, named Jiaxing Jintian Huari Supermaterial Equity Investment Partnership, will primarily invest in high-tech enterprises within the new materials sector [1] - The total fundraising target for this investment is set at 300 million yuan [1]

1 | 证券代码：601609 | 证券简称：金田股份 | 公告编号：2025-127 | | --- | --- | --- | | 债券代码：113046 | 债券简称：金田转债 | | 宁波金田铜业（集团）股份有限公司 关于参与设立产业基金的公告 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： 投资的基本情况：为深化落实宁波金田铜业（集团）股份有限公司（以 下简称"公司"或"金田股份"）战略发展规划，加强公司在新材料行业的探索， 推进公司"十五五"战略期的产品升级，支持公司高质量发展，公司拟作为有限 合伙人以自有资金认缴出资人民币 6,000 万元与浙江富华睿银投资管理有限公 司、桐乡市金信华睿企业管理合伙企业（有限合伙）共同投资设立嘉兴金田华睿 超材料股权投资合伙企业(有限合伙)（以下简称"基金"或"合伙企业"）（暂 定名，以登记机关最终核准登记的名称为准），占认缴出资总额的 20%。 本次投资不属于关联交易，亦不构成《上市公司重大资产重组管理办法》 规定的重大资产重组。 公司已于 2025 年 10 ...

Core Viewpoint - Jintian Co., Ltd. (601609.SH) announced its plan to invest 60 million yuan as a limited partner in a new fund focused on the new materials industry, aiming to enhance its strategic development and product upgrades during the 14th Five-Year Plan period [1] Investment Details - The company will contribute 20% of the total subscription amount to establish the Jiaxing Jintian Huirui Supermaterial Equity Investment Partnership (Limited Partnership) alongside Zhejiang Fuhua Ruiyin Investment Management Co., Ltd. and Tongxiang Jinxin Huirui Enterprise Management Partnership (Limited Partnership) [1] - The total fundraising scale for this investment is set at 300 million yuan, primarily targeting high-tech enterprises in the new materials sector [1]

Core Viewpoint - The company has provided various guarantees for its subsidiaries to secure bank loans, totaling significant amounts in RMB, which reflects its support for the subsidiaries' operational needs and financial stability [1][2][7]. Summary by Sections Guarantee Objects and Basic Information - The company has signed multiple guarantee contracts on October 24, 2025, for its subsidiaries, including: - A guarantee of 200 million RMB for Jintian Copper Tube from the National Development Bank Ningbo Branch [1]. - A maximum guarantee of 510 million RMB for Jintian New Materials from China Construction Bank Ningbo Jiangbei Branch [1]. - A maximum guarantee of 240 million RMB for Guangdong Jintian from the Zhuhai China Resources Bank Zhaoqing Branch [1]. - A maximum guarantee of 300 million RMB for Guangdong Jintian from Zhuhai China Resources Bank Zhaoqing Branch [1]. - A maximum guarantee of 50 million RMB for Baotou Magnetic Materials from China Everbright Bank Baotou Branch [2]. Internal Decision-Making Process - The company held board meetings on April 14, 2025, and May 13, 2025, to approve the external guarantee plan for 2025, allowing guarantees up to 2,748,062.38 million RMB for subsidiaries [2]. Basic Information of Guaranteed Parties - The guaranteed parties include Jintian Copper Tube, Jintian New Materials, Guangdong Jintian, and Baotou Magnetic Materials, all of which are wholly-owned or controlled subsidiaries with good credit status [3][5]. Overview of Guarantees - The guarantees are structured as joint liability guarantees, with specific terms for each contract, including guarantee periods of three years following the debt performance period [4][6]. Necessity and Reasonableness of Guarantees - The guarantees are deemed necessary for the daily operational needs of the subsidiaries, with the company maintaining effective control over their financial risks [7]. Board of Directors' Opinion - The board has approved the guarantees, affirming compliance with relevant laws and regulations, and ensuring that the guarantees do not harm the interests of shareholders, particularly minority shareholders [7]. Cumulative External Guarantee Amount and Overdue Guarantees - As of October 23, 2025, the total guarantees provided by the company and its subsidiaries amount to 944,975.77 million RMB, which is 113.24% of the company's latest audited net assets, with no overdue guarantees reported [8].

Group 1 - The core point of the article is that Jintian Co., Ltd. has announced a guarantee balance of approximately RMB 9.45 billion for its subsidiaries, which accounts for 113.24% of the company's latest audited net assets [1] - For the year 2024, Jintian Co., Ltd.'s revenue composition is as follows: copper and copper processing account for 89.96%, other businesses account for 9.0%, and magnetic materials account for 1.04% [1] - As of the report, Jintian Co., Ltd. has a market capitalization of RMB 20.6 billion [1]

| 证券代码：601609 | 证券简称：金田股份 | 公告编号：2025-126 | | --- | --- | --- | | 债券代码：113046 | 债券简称：金田转债 | | 宁波金田铜业（集团）股份有限公司 关于为子公司提供担保的公告 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： 担保对象及基本情况 | | | 宁波金田铜管有限公司（以下简称"金 | | --- | --- | --- | | | 被担保人名称 | 田铜管"），系宁波金田铜业（集团）股 份有限公司（以下简称"公司"）的全 | | | | 资子公司 | | | 本次担保金额 | 20,000.00 万元 | | 担保对象一 | | 139,531.95 万元（其中 26.75 万美元 | | | 实际为其提供的担保余额 | 按 2025 年 10 月 23 日美元兑人民币汇 | | | | 率 7.0918 折算） | | | 是否在前期预计额度内 | 是 □否 □不适用：_________ | | | 本次担保是否有反担保 | ...

Core Insights - The company, Jintian Co., Ltd. (601609.SH), has been engaged in the magnetic materials business since 2001 and has developed into one of the leading companies in the domestic industry over the past 20 years [1] - The company operates two production bases for magnetic materials located in Ningbo and Baotou, with the Baotou base's first phase already in production [1] - The annual production capacity of the company's rare earth permanent magnet materials has been increased to 9,000 tons, with plans to further enhance capacity to 13,000 tons through the second phase of the Baotou base project [1] - The establishment of a new subsidiary in Germany is part of the company's strategy to accelerate international expansion and increase its market share in the global market [1]