Core Insights - Tianhe Magnetic Materials experienced a decline of 1.40% in stock price on October 28, with a trading volume of 134 million yuan [1] - The company reported a total revenue of 1.61 billion yuan for the first nine months of 2025, a year-on-year decrease of 16.86%, while net profit attributable to shareholders increased by 12.46% to 120 million yuan [2] Financing and Trading Activity - On October 28, Tianhe Magnetic Materials had a net financing purchase of 958,400 yuan, with a total financing balance of 201 million yuan, representing 6.37% of its market capitalization [1] - The company had a margin trading balance of 296,100 yuan, with 6,200 shares available for short selling [1] Shareholder and Institutional Holdings - As of September 30, 2025, the number of shareholders decreased by 27.77% to 39,700, while the average number of circulating shares per person increased by 41.29% to 1,662 shares [2] - The largest circulating shareholder is the Harvest CSI Rare Earth Industry ETF, holding 850,500 shares, an increase of 446,800 shares from the previous period [3]

Core Viewpoint - The company, Baotou Tianhe Magnetic Materials Co., Ltd., has announced its third quarter financial report for 2025, ensuring the accuracy and completeness of the information disclosed [3][31][41]. Financial Data - The financial statements for the third quarter of 2025 have not been audited [3]. - The company reported that there were no significant changes in the financial indicators compared to the previous period [5]. Shareholder Information - The company will hold its second extraordinary general meeting on November 17, 2025, at 14:30 in Baotou, Inner Mongolia [8][9]. - The meeting will allow both on-site and online voting, with specific time slots for participation [10][16]. Board Meeting - The third board meeting was held on October 28, 2025, where the board approved the third quarter report and the reappointment of the accounting firm [29][36]. - The board confirmed that the report reflects the company's operational status accurately and completely [31][40]. Accounting Firm Appointment - The company has proposed to reappoint ShineWing Certified Public Accountants as its auditing firm for the fiscal year 2025, pending shareholder approval [47][48]. - ShineWing has a strong track record, with significant revenue from auditing services and a large number of certified public accountants [49][50].

Group 1 - Tianhe Magnetic Materials (SH 603072) announced on October 29 that its third board meeting will be held on October 28, 2025, to review the proposal for the reappointment of the accounting firm [1] - For the year 2024, the revenue composition of Tianhe Magnetic Materials is as follows: Sintered NdFeB accounts for 91.44%, other businesses account for 7.92%, and sintered SmCo accounts for 0.64% [1] Group 2 - The A-share market has surpassed 4000 points, marking a significant resurgence after ten years of stagnation, with technology leading the market's transformation into a "slow bull" new pattern [1]

Group 1 - The core viewpoint of the article highlights Tianhe Magnetic Materials' financial performance in Q3, indicating a revenue decline while net profit increased [1] Group 2 - For the first three quarters of 2025, the company's revenue was approximately 1.61 billion yuan, a year-on-year decrease of 16.86% [1] - The net profit attributable to shareholders was about 120 million yuan, reflecting a year-on-year increase of 12.46% [1] - Basic earnings per share were 0.45 yuan, which represents a year-on-year decrease of 16.67% [1]

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 ...