Core Viewpoint - Tianhe Magnetic Materials (603072.SH) reported a decline in total operating revenue for the first three quarters of 2025, while net profit attributable to shareholders increased year-on-year [1] Financial Performance - Total operating revenue for the first three quarters of 2025 reached 1.61 billion yuan, a year-on-year decrease of 16.86% [1] - Net profit attributable to shareholders was 120 million yuan, reflecting a year-on-year increase of 12.46% [1] - Basic earnings per share stood at 0.45 yuan [1]

证券代码：603072 证券简称：天和磁材 公告编号：2025-092 包头天和磁材科技股份有限公司 关于续聘会计师事务所的公告 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： 拟聘任的会计师事务所名称：信永中和会计师事务所（特殊普通合伙）。 包头天和磁材科技股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日召开了 第三届董事会独立董事专门会议、第三届董事会审计委员会第六次会议及第三届董事会 第六次会议，分别审议通过了《关于续聘会计师事务所的议案》，同意公司续聘信永中和 会计师事务所（特殊普通合伙）（以下简称"信永中和"）担任公司 2025 年度财务及内部 控制审计机构，本议案尚需提交公司股东会审议。现将相关事项公告如下： 一、拟聘任会计师事务所的基本情况 （一）机构信息 1、基本信息 名称：信永中和会计师事务所（特殊普通合伙） 3、诚信记录 信永中和截止 2024 年 12 月 31 日的近三年因执业行为受到刑事处罚 0 次、行政处罚 1 次、监督管理措施 17 次、自律监管措施 8 次和纪 ...

证券代码：603072 证券简称：天和磁材 公告编号：2025-093 包头天和磁材科技股份有限公司 关于召开2025年第二次临时股东会的通知 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： 股东会召开日期：2025年11月17日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 一、召开会议的基本情况 （一） 股东会类型和届次 网络投票起止时间：自2025 年 11 月 17 日 至2025 年 11 月 17 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过互联 网投票平台的投票时间为股东会召开当日的 9:15-15:00。 （六） 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 2025年第二次临时股东会 （二） 股东会召集人：董事会 （三） 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相 结合的方式 （四） 现场会议召开的日期、时间和地点 召开 ...

包头天和磁材科技股份有限公司（以下简称"公司"）第三届董事会第六次 会议于 2025 年 10 月 28 日在公司会议室以现场结合通讯方式召开，会议通知已 于 2025 年 10 月 17 日通过通讯方式送达全体董事。本次会议由袁文杰先生召集 并主持，应出席董事 9 名，实际出席董事 9 名（其中以通讯表决方式出席会议董 事 4 名），公司高级管理人员列席了会议。本次会议的召集、召开和表决程序符 合《中华人民共和国公司法》等法律法规和《公司章程》的有关规定。 二、董事会会议审议情况 证券代码：603072 证券简称：天和磁材 公告编号：2025-091 包头天和磁材科技股份有限公司 第三届董事会第六次会议决议公告 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。 一、董事会会议召开情况 （一）审议通过《关于公司 2025 年第三季度报告的议案》 董事会认为：公司 2025 年第三季度报告的编制和审议程序符合法律法规、 中国证监会和上海证券交易所的有关规定，报告内容公允地反映了公司的经营状 况和经营成果，报告所披露的信息真实、准确 ...

Financial Performance - The company's operating revenue for the third quarter was ¥670,021,876.44, a slight increase of 0.04% compared to the same period last year[3] - The total profit for the quarter reached ¥74,445,897.69, representing a significant increase of 67.48% year-over-year[3] - The net profit attributable to shareholders was ¥66,358,347.57, up by 61.99% compared to the previous year[3] - The net profit after deducting non-recurring gains and losses was ¥64,818,417.64, which increased by 70.79% year-over-year[3] - The basic earnings per share for the quarter was ¥0.25, a decrease of 16.67% compared to the same period last year[4] - Net profit for the first three quarters of 2025 is CNY 119,813,523.28, an increase of 12.4% from CNY 106,537,441.48 in the same period of 2024[21] - The company has reported a basic earnings per share of CNY 0.45 for the first three quarters of 2025, down from CNY 0.54 in 2024[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,156,372,032.60, down by 6.80% from the end of the previous year[4] - The total liabilities of the company amount to CNY 1,016,137,285.97, a decrease from CNY 1,326,663,566.41 in the previous year[17] - The equity attributable to shareholders increased to ¥2,140,234,746.63, reflecting a growth of 3.89% compared to the previous year[4] - Total assets decreased to ¥3,156,372,032.60 from ¥3,386,713,429.69[16] - Non-current assets total ¥638,800,926.58, slightly down from ¥646,883,090.02[16] Cash Flow - The company reported a cash flow from operating activities of -¥93,151,433.94 for the year-to-date period[3] - The net cash flow from operating activities for the first three quarters of 2025 is negative CNY 93,151,433.94, compared to positive CNY 88,093,215.54 in 2024[23] - Total cash inflow from financing activities was 234,681,800.00, while cash outflow was 479,302,599.94, resulting in a net cash flow of -244,620,799.94[24] - The ending balance of cash and cash equivalents was 453,793,958.26, down from the beginning balance of 826,067,617.40[24] - The net increase in cash and cash equivalents was -372,273,659.14, highlighting liquidity challenges[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 39,746[12] - The largest shareholder, Tianjin Tianhe Yingya Technology Co., Ltd., holds 89,970,000 shares, accounting for 34.04% of total shares[12] Operational Insights - The increase in profit was primarily driven by a higher proportion of overseas sales and improved operational management[10] - The company recognized government subsidies amounting to ¥18,000,000.00, which are closely related to its normal business operations[6] Inventory and Receivables - Accounts receivable increased to ¥653,665,947.08 from ¥549,550,504.29 year-over-year[15] - Inventory stands at ¥1,192,531,114.86, slightly down from ¥1,219,955,724.47[15] - Accounts payable decreased to ¥196,626,835.25 from ¥258,521,212.99[16] - The company has a total of ¥231,690,616.86 in contract liabilities, down from ¥297,179,737.70[16] Research and Development - Research and development expenses for the first three quarters of 2025 are CNY 61,391,362.04, slightly down from CNY 65,328,617.92 in 2024[20] Financial Income - The company reported a financial income of CNY 30,239,931.17 in the first three quarters of 2025, significantly higher than CNY 12,265,566.91 in 2024[20] Accounting Standards - The company is not applying new accounting standards starting from 2025[25]

证券代码：603072 证券简称：天和磁材 公告编号：2025-094 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年第三季度的经 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 11 月 07 日（星期五）09:00-10:00 会议召开时间：2025 年 11 月 07 日（星期五）09:00-10:00 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/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 10 月 31 日（星期五）至 11 月 06 日（星期四）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 info@thmagnetics.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。 （二） 会议召开地点：上证路演中心 包头天和磁材科技股份有限公司 关于召开 2025 ...

Core Points - The company has successfully lifted the freeze on part of its fundraising account, which had previously been frozen due to legal proceedings [1][2] - The freezing of the funds did not impact the implementation of the company's fundraising investment projects or its normal operations [2] Group 1 - The company had part of its fundraising account frozen, which was disclosed in a previous announcement [1] - The funds were unfrozen following a civil mediation and ruling from the Baotou High-tech Industrial Development Zone People's Court [2] - As of the announcement date, there are no other fundraising accounts frozen [2]

证券代码：603072 证券简称：天和磁材 公告编号：2025-090 包头天和磁材科技股份有限公司 关于公司募集资金账户部分资金解除冻结的公告 具 体 内 容 详 见 公 司 于 2025 年 10 月 20 日 在 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）及指定信息披露媒体披露的《关于公司募集资金账户部分资 金被冻结的公告》（公告编号 2025-087）。 二、本次部分募集资金解除冻结的进展情况 近日，公司收到包头稀土高新技术产业开发区人民法院送达的（2025）内 0291 民初 3645 号《民事调解书》及（2025）内 0291 民初 3645 号之一《民事裁 定书》，相关案件已达成调解。截至本公告披露日，上述资金已全部解除冻结。 三、对公司的影响及风险提示 本次募集资金账户部分资金被冻结期间，未影响公司募集资金投资项目的实 施，未对公司的正常经营管理造成实质影响，亦未对募集资金投资项目产生重大 不利影响。截至本公告披露日，公司不存在其他募集资金账户被冻结的情形。 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 ...

Market Overview - The metal new materials sector experienced a decline of 1.41% on October 23, with Xinlaifu leading the drop [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Stock Performance - Notable gainers in the metal new materials sector included: - Zhongzhou Special Materials (300963) with a closing price of 23.14, up 3.21% and a trading volume of 604,700 shares, totaling 1.361 billion yuan [1] - Tianli Composite (920576) closed at 30.51, up 0.93% with a trading volume of 25,900 shares [1] - Platinum New Materials (300811) closed at 72.51, up 0.92% with a trading volume of 85,100 shares [1] - Major decliners included: - Xinlaifu (301323) closed at 64.22, down 6.95% with a trading volume of 86,100 shares [2] - Antai Technology (000969) closed at 20.18, down 5.39% with a trading volume of 2,151,700 shares, totaling 4.403 billion yuan [2] - Ni'an New Materials (688786) closed at 29.69, down 3.13% with a trading volume of 25,200 shares [2] Capital Flow - The metal new materials sector saw a net outflow of 690 million yuan from institutional investors, while retail investors contributed a net inflow of 668 million yuan [2] - The capital flow for specific stocks showed: - Zhongzhou Special Materials had a net outflow of 31.87 million yuan from institutional investors [3] - Platinum New Materials experienced a net inflow of 31.67 million yuan from institutional investors [3] - Other stocks like Jiangnan New Materials (603124) and Huada New Materials (605158) also showed varied capital flows with net inflows and outflows from different investor types [3]

Investment Overview - The company, Baotou Tianhe Magnetic Material Technology Co., Ltd., is responding to national policies aimed at building "two rare earth bases" by planning to invest in a high-performance rare earth permanent magnet and component manufacturing and R&D project through its wholly-owned subsidiary, Baotou Tianhe New Materials Technology Co., Ltd. The total investment for the project is estimated at 850 million RMB [1] - The project will be completed in two phases, with the first phase requiring an investment of 210 million RMB. The second phase will commence based on market conditions after the first phase reaches production capacity [1] Investment Agreement - Tianhe New Materials has signed an investment agreement with the Baotou Rare Earth High-tech Industrial Development Zone Management Committee for the first phase of the high-performance rare earth permanent magnet and component manufacturing and R&D project [2] Progress of Investment - Recently, Tianhe New Materials obtained the "Real Estate Property Certificate" from the People's Republic of China. The certificate details include: - Certificate Number: NO 15000333305 - Property Rights Holder: Baotou Tianhe New Materials Technology Co., Ltd. - Land Use: Industrial land - Area: 44,712.65 square meters - Usage Period: From October 10, 2025, to October 9, 2075 [3]