Core Viewpoint - The company has reported a strong performance in the sales of its magnetic levitation air compressors, indicating a positive growth trend and sufficient orders in hand [1] Group 1: Sales Performance - In the first half of the year, the company's sales revenue from magnetic levitation air compressors reached 68.9237 million yuan, representing a year-on-year growth of 13.49% [1] - The company continues to maintain a good growth trend in its sales performance [1] Group 2: Production Capacity - The company has a high capacity utilization rate for its magnetic levitation air compressors [1] - A fundraising project for production construction was completed and officially put into operation in June of this year [1] - The company plans to gradually ramp up production capacity after the new factory is operational to meet the performance growth needs of its magnetic levitation compressor products [1]

Group 1 - The core viewpoint of the article highlights that Maglev Technology (688448.SH) has achieved a sales revenue of 68.9237 million yuan for its magnetic levitation air compressor products in the first half of the year, representing a year-on-year growth of 13.49% [1] - The company maintains a strong growth trend with sufficient orders on hand and a high capacity utilization rate [1] - The production construction fundraising project was completed in June this year and has officially commenced production, allowing the company to gradually ramp up capacity to meet the performance growth demand for its magnetic levitation compressor-related products [1]

重要内容提示： ● 会议召开时间：2025 年9 月22 日（星期一）上午10:00-11:00 ● 会议召开地点：上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） ● 会议召开方式：上证路演中心网络互动 证券代码：688448 证券简称：磁谷科技 公告编号：2025-037 南京磁谷科技股份有限公司 关于召开 2025 年半年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、准确性和完整性依法承担法律责任。 ● 投资者可于2025 年 9 月 15 日(星期一) 至 9 月 19 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（nanjingcigu@cigu .org.cn）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。 南京磁谷科技股份有限公司（以下简称"公司"）已于 2025 年 8 月 19 日发布公 司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度的 经营成 ...

Company Overview - Magv Technology Co., Ltd. is located in Jiangning District, Nanjing, Jiangsu Province, and was established on September 22, 2006. The company went public on September 21, 2022. Its main business involves the research, production, and sales of magnetic suspension fluid machinery, magnetic suspension bearings, high-speed motors, and high-speed drives [1] - The revenue composition of the company includes: 84.85% from magnetic suspension air products, 10.75% from other products, 4.32% from magnetic suspension special media products, and 0.09% from contract energy management [1] Stock Performance - On September 10, Magv Technology's stock rose by 5.08%, reaching a price of 45.75 yuan per share, with a trading volume of 79.0974 million yuan and a turnover rate of 3.69%. The total market capitalization is 3.278 billion yuan [1] Shareholder Information - Noan Fund has a presence among the top ten circulating shareholders of Magv Technology, with its Noan Multi-Strategy Mixed A Fund (320016) newly entering the top ten in the second quarter, holding 346,700 shares, which accounts for 0.72% of the circulating shares. The estimated floating profit today is approximately 766,100 yuan [2] - The Noan Multi-Strategy Mixed A Fund was established on August 9, 2011, with a latest scale of 1.399 billion yuan. Year-to-date returns are 60.16%, ranking 321 out of 8,177 in its category; one-year returns are 120.31%, ranking 167 out of 7,982; and since inception, the return is 209.1% [2] Fund Manager Information - The fund managers of Noan Multi-Strategy Mixed A are Kong Xianzheng and Wang Haichang. As of the report, Kong Xianzheng has a tenure of 4 years and 289 days, with a total fund asset size of 4.607 billion yuan, achieving a best fund return of 72.32% and a worst return of -16.74% during his tenure [3] - Wang Haichang has a tenure of 3 years and 51 days, managing a total fund asset size of 2.529 billion yuan, with a best fund return of 60.19% and a worst return of -18.8% during his tenure [3]

Company Overview - Magv Technology Co., Ltd. is located in Jiangning District, Nanjing, Jiangsu Province, and was established on September 22, 2006. The company went public on September 21, 2022. Its main business involves the research, production, and sales of magnetic suspension fluid machinery, magnetic suspension bearings, high-speed motors, and high-speed drives [1]. Business Performance - As of September 10, Magv Technology's stock price increased by 5.08%, reaching 45.75 CNY per share, with a trading volume of 79.1 million CNY and a turnover rate of 3.69%. The total market capitalization is 3.278 billion CNY [1]. - The revenue composition of the company is as follows: magnetic suspension air products account for 84.85%, other products contribute 10.75%, magnetic suspension special medium products make up 4.32%, and contract energy management represents 0.09% [1]. Shareholder Information - Among the top ten circulating shareholders of Magv Technology, Jin Xin Fund's Jin Xin Steady Strategy Mixed A (007872) increased its holdings by 22,000 shares in the second quarter, holding a total of 960,000 shares, which constitutes 2% of the circulating shares. The estimated floating profit today is approximately 2.1216 million CNY [2]. - Jin Xin Steady Strategy Mixed A (007872) was established on December 13, 2019, with a latest scale of 1.556 billion CNY. Year-to-date returns are 26.1%, ranking 2719 out of 8177 in its category; the one-year return is 74.15%, ranking 992 out of 7982; and since inception, the return is 75.84% [2]. Fund Management - The fund manager of Jin Xin Steady Strategy Mixed A (007872) is Kong Xuebing, who has a cumulative tenure of 13 years and 359 days. The total asset scale of the fund is 1.84 billion CNY, with the best fund return during his tenure being 59.97% and the worst being -38.8% [3].

Core Viewpoint - The announcement details the shareholding changes of Nanjing Magu Technology Co., Ltd. due to the reduction of shares by a major shareholder, Nanjing Baolifeng Venture Capital Partnership, and its concerted action person, Dong Jiyong, which has reached a threshold of 1% [3][4][9]. Shareholder Holding Situation - Before the reduction plan, Baolifeng held 8,092,500 shares, accounting for 11.29% of the total share capital, with 1,232,500 shares already tradable since September 21, 2023, and 6,860,000 shares tradable from March 21, 2024 [3]. - Dong Jiyong held 2,430,000 shares, representing 3.39% of the total share capital, with 2,400,000 shares from the pre-IPO period and 30,000 shares from equity incentives [3]. - Together, Baolifeng and Dong Jiyong held a total of 10,522,500 shares, which is 14.69% of the total share capital [3]. Reduction Plan Implementation Results - The reduction plan announced on June 30, 2025, allowed Baolifeng to reduce its holdings by up to 2,149,569 shares, or 3.00% of the total share capital, with a breakdown of up to 716,523 shares through centralized bidding and up to 1,433,046 shares through block trading [4]. - As of September 5, 2025, Baolifeng had reduced its holdings by 2,123,515 shares, accounting for 2.96% of the total share capital, completing the reduction plan [4][9]. Equity Change Situation - The reduction involved a decrease in holdings from 9,997,500 shares to 8,399,000 shares, reducing the ownership percentage from 13.95% to 11.72% [8][9]. - The shares involved in this reduction were all from the pre-IPO period and retained voting rights without any restrictions [8]. - The reduction did not trigger a mandatory tender offer and was compliant with relevant laws and regulations [9].

Core Viewpoint - Magu Technology experienced significant trading activity on September 5, with a total of 8 block trades amounting to 948,800 shares and a total transaction value of 37.17 million yuan, reflecting a discount of 14.92% compared to the closing price of 46.05 yuan on the same day [1][2]. Trading Activity Summary - The stock had a total of 15 block trades in the past three months, with a cumulative transaction value of 56.36 million yuan [2]. - On September 5, the average transaction price for the block trades was 39.18 yuan, which is 14.92% lower than the closing price [1][2]. - The stock's trading volume on September 5 was 1.54 billion yuan, with a daily turnover rate of 7.10% [2]. Financial Metrics - The stock has seen a net outflow of 6.30 million yuan in the main capital on September 5, with a cumulative decline of 11.78% over the past five days [2]. - The latest margin financing balance for the stock is 208 million yuan, which has decreased by 5.97 million yuan, representing a decline of 22.31% over the past five days [2].

Core Viewpoint - Nanjing Magv Technology Co., Ltd. announced a change in the shareholding structure due to the reduction of shares held by major shareholder Nanjing Baolifeng Venture Capital Partnership (Limited Partnership) and its concerted actor Dong Jiyong [1] Shareholding Situation Before Reduction - Before the reduction, Baolifeng held 8.0925 million shares, accounting for 11.29% of the total share capital, with shares acquired prior to the company's initial public offering [2] - Dong Jiyong held 2.43 million shares, representing 3.39% of the total share capital, with 2.4 million shares acquired before the IPO and 30,000 shares from stock incentive plans [2] - The combined shareholding of Baolifeng and Dong Jiyong was 10.5225 million shares, or 14.69% of the total share capital [2] Reduction Plan and Implementation Results - On June 30, 2025, Nanjing Magv disclosed a share reduction plan, allowing Baolifeng to reduce up to 716,523 shares (1.00% of total share capital) through centralized bidding and up to 1,433,046 shares (2.00% of total share capital) through block trading within three months [3] - As of September 5, Baolifeng had reduced a total of 2,123,515 shares, accounting for 2.96% of the total share capital, with 716,515 shares sold through centralized bidding and 1,407,000 shares through block trading, totaling approximately 96.896 million yuan [3] - Baolifeng's remaining shareholding is 5,968,985 shares, reducing its stake to 8.33% [3] Equity Change Situation - The equity change resulted in a decrease in the combined shareholding ratio of Baolifeng and its concerted actor from 13.95% to 11.72% [4] - The change did not violate any commitments or trigger mandatory tender offer obligations, and it will not lead to changes in the company's controlling shareholder or actual controller [4]

Core Viewpoint - The announcement details the shareholding changes of Nanjing Mag Valley Technology Co., Ltd., specifically regarding the reduction of shares by a major shareholder, Nanjing Baolifeng Venture Capital Partnership, and its concerted action person, Dong Jiyong [1][2]. Shareholder Holding Situation - Before the reduction plan, Nanjing Baolifeng held 8,092,500 shares, accounting for 11.29% of the total share capital. Dong Jiyong held 2,430,000 shares, representing 3.39% of the total share capital. Together, they held 10,522,500 shares, or 14.69% of the total [1][4]. Reduction Plan Implementation Results - The reduction plan was disclosed on June 30, 2025, with a maximum intended reduction of 2,149,569 shares (3.00% of total share capital). The actual reduction from August 25 to September 5, 2025, was 2,123,515 shares (2.96% of total share capital), completing the plan [2][4]. Changes in Shareholding Proportions - The shareholding proportion before the reduction was 13.95%, which decreased to 11.72% after the reduction. This change did not violate any prior commitments or plans [3][5]. Reduction Details - The reduction included 716,523 shares through centralized bidding and 1,407,000 shares through block trading, with a total reduction amounting to approximately 96.90 million yuan. The price range for the shares sold was between 39.18 and 65.55 yuan per share [4][5].

Core Viewpoint - Magv Technology (688448.SH) announced that shareholder Baolifeng and its concerted party Dong Jiyong have completed a share reduction plan, reducing their holdings by 2,123,515 shares, which accounts for 2.96% of the company's total share capital [1] Group 1 - The share reduction was executed through centralized bidding and block trading methods [1] - The reduction plan was fully implemented as of September 5, 2025 [1]