证券日报网2月13日讯，悦安新材在接受调研者提问时表示，公司正积极拓展粗粉在金属注射成型 (MIM)喂料领域的应用，聚焦传统金属五金件、化工阀体等铸造替代领域。相较于传统铸造工艺，MIM 技术自动化程度高，在产品精度控制及复杂结构成型方面具备优势。公司目前正与下游五金件客户推进 工艺验证及小批量试用，以期打开该领域新的应用场景。 ...

证券日报网2月13日讯 ，悦安新材在接受调研者提问时表示，公司宁夏3000吨示范线项目试生产按计划 有序推进，各项技术指标基本达到预期。工艺路线上，该项目采用钛铁矿羰化工艺，可同步生产羰基铁 粉及金红石，实现资源综合利用。成本结构上，既通过副产品价值降低综合成本，又依托宁夏地区在电 力、气体等能源的区域优势，进一步降低羰基铁粉综合生产成本，为提升公司长期市场竞争力奠定基 础。 ...

证券日报网2月13日讯 ，悦安新材在接受调研者提问时表示，公司对宁夏基地二期建设及业务发展秉 持"稳步扩张、效益优先"的原则。二期项目将以一期示范线的运营数据充分验证、市场需求确认及建设 资金规划落地为前提择机推进。业务发展层面，在巩固现有羰基铁粉核心优势的基础上，将通过副产品 高效综合利用及下游多元应用场景拓展双向发力，平衡短期经营稳健性与长期战略布局，持续提升公司 材料平台的综合价值与核心竞争力。 ...

证券日报网2月13日讯，悦安新材在接受调研者提问时表示，公司羰基铁粉可应用于汽车智能悬挂系统 的磁流变液减震器，凭借毫秒级响应优势，适配高性能车型的精准操控需求。目前该系列产品在海外已 形成稳定销售，国内处于市场导入期，正与多家头部供应商开展技术对接及产品验证工作。随着国内新 能源汽车智能化升级趋势，该应用领域有望成为公司未来的业务增量来源。 ...

证券日报网讯 2月2日，悦安新材在互动平台回答投资者提问时表示，公司全资子公司宁夏悦安金属软 磁微纳粉体生产示范线目前处于试生产阶段，尚未形成金红石产品批量外销，现阶段产品价格及毛利率 暂不具备参考性。 （文章来源：证券日报） ...

声明：市场有风险，投资需谨慎。本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本文 出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 1月29日，悦安新材涨6.17%，成交额2.01亿元。两融数据显示，当日悦安新材获融资买入额1431.35万 元，融资偿还1807.66万元，融资净买入-376.31万元。截至1月29日，悦安新材融资融券余额合计1.74亿 元。 责任编辑：小浪快报 融资方面，悦安新材当日融资买入1431.35万元。当前融资余额1.74亿元，占流通市值的3.66%，融资余 额超过近一年60%分位水平，处于较高位。 截至9月30日，悦安新材股东户数5289.00，较上期增加21.92%；人均流通股27188股，较上期减少 17.98%。2025年1月-9月，悦安新材实现营业收入3.21亿元，同比增长3.19%；归母净利润6141.58万元， 同比增长9.04%。 分红方面，悦安新材A股上市后累计派现1.84亿元。近三年，累计派现1.33亿元。 融券方面，悦安新材1月29日融券偿还0.00股，融券卖出0.00 ...

Core Viewpoint - The metal new materials sector experienced a slight increase of 0.42% on January 29, with notable gains from specific companies, while the overall market showed mixed results with the Shanghai Composite Index rising by 0.16% and the Shenzhen Component Index declining by 0.3% [1] Group 1: Market Performance - The Shanghai Composite Index closed at 4157.98, up 0.16% [1] - The Shenzhen Component Index closed at 14300.08, down 0.3% [1] - The metal new materials sector saw a net inflow of 6.09 billion yuan from institutional investors, while retail investors experienced a net outflow of 7.45 billion yuan [2][3] Group 2: Individual Stock Performance - Ni'an New Materials (688786) led the sector with a closing price of 33.19, up 6.17% with a trading volume of 61,700 shares and a transaction value of 201 million yuan [1] - Jinli Permanent Magnet (300748) followed with a closing price of 41.16, up 5.67%, with a trading volume of 1.5032 million shares and a transaction value of 6.13 billion yuan [1] - Galaxy Magnetic Materials (300127) closed at 38.39, up 4.66%, with a trading volume of 421,800 shares and a transaction value of 1.602 billion yuan [1] Group 3: Fund Flow Analysis - Jinli Permanent Magnet (300748) had a net inflow of 4.20 billion yuan from institutional investors, while retail investors saw a net outflow of 3.12 billion yuan [3] - Ningbo Yunsheng (600366) recorded a net inflow of 2.07 billion yuan from institutional investors, with a net outflow of 2.53 billion yuan from retail investors [3] - The overall fund flow indicates a strong preference for institutional investment in the metal new materials sector despite retail investor withdrawals [2][3]

Core Viewpoint - The recent trend of divorce-related equity division among controlling shareholders in A-share companies has raised investor concerns, with significant market implications observed in 2025 [1][3][4]. Group 1: Overview of Divorce-Related Equity Division - In 2025, a total of 12 A-share companies announced equity divisions due to the divorce of their controlling shareholders, with the total market value of these divisions increasing from 5.783 billion yuan to 6.321 billion yuan by the end of the year [4][8]. - The highest single division value was recorded at 1.198 billion yuan for Yiyuan Communication, while the lowest was 157 million yuan for Yuenan New Materials [5][6]. Group 2: Methods and Outcomes of Equity Division - The majority of equity divisions were settled amicably, with 58.33% of cases resolved through negotiation, while 2 cases were decided by court rulings and 2 through court mediation [7]. - Notably, in the case of Shanshui Technology, the ex-spouse became the new controlling shareholder and CEO after the divorce, marking a unique instance in 2025 [6][7]. Group 3: Market Reactions and Shareholder Behavior - Despite concerns about potential stock sell-offs by ex-spouses, 10 out of the 12 companies saw their stock prices increase from the announcement date to the end of 2025, with an average increase of 83.33% [8]. - The stock price of Yuenan New Materials experienced the highest increase at 37.21%, while only two companies, Shanshui Technology and Jindan Technology, saw declines, with the largest drop being 13% [8]. Group 4: Analysis of Investor Sentiment - The perception of divorce-related equity divisions as a negative signal has weakened, attributed to the separation of ownership and management in listed companies, which suggests that such divisions do not necessarily impact operational strategies [10]. - Even in cases of personal conflict, controlling shareholders may maintain aligned interests in business operations, reducing the likelihood of adverse market reactions [10].

Core Insights - The report highlights a bullish outlook for the metals sector, driven by macroeconomic factors such as the Federal Reserve's interest rate cuts and a recovering global economy, particularly in China [3][44] - Key investment themes for 2026 include expanding demand for precious metals like gold and silver, improving fundamentals for aluminum and copper, strategic opportunities in rare earths, and supply-side disruptions due to overcapacity in certain sectors [3][4] Group 1: Precious Metals - The report suggests a long-term bullish view on gold, with expectations of price increases driven by anticipated interest rate cuts and geopolitical tensions, which enhance gold's appeal as a safe-haven asset [3][44] - Silver is also highlighted as a key investment opportunity due to its high price ratio to gold, indicating potential for significant price appreciation [3] - Specific companies to watch include Shandong Gold (600547.SH) and Zijin Mining (601899.SH), which are expected to benefit from increased production and operational efficiencies [4] Group 2: Industrial Metals - The report notes that aluminum and copper are set to see improved profitability due to lower production costs and increased demand, particularly in the context of infrastructure investments [3][4] - Companies such as Zhongfu Industrial (600595.SH) and Zijin Mining (601899.SH) are identified as having strong positions in the copper market, with expected profit growth [4] - The report emphasizes the importance of monitoring supply chain dynamics, particularly in copper, where inventory levels are shifting significantly [18][58] Group 3: Rare Earths and Strategic Metals - The report identifies rare earth elements as a critical area for investment, particularly in light of geopolitical tensions between the US and China, which may create opportunities for companies involved in rare earth mining and processing [3][4] - Companies like Northern Rare Earth (600111.SH) and China Rare Earth (000831.SZ) are highlighted for their potential to benefit from price increases in rare earth materials [4] Group 4: Energy Metals - The report discusses the rebound in lithium and nickel prices, driven by strong demand from the battery sector, with specific mention of companies like Tianqi Lithium (002466.SZ) and Ganfeng Lithium (002460.SZ) [4][27] - The expected growth in energy storage solutions is also noted as a significant driver for demand in these metals [4] Group 5: Overall Market Performance - The overall performance of the non-ferrous metals sector is noted to have outperformed the broader market, with a cumulative increase of 96.46% in 2025 compared to a 21.65% increase in the Shanghai Composite Index [33][35] - The report indicates that while the sector has seen significant gains, valuations are currently at historical averages, suggesting potential for further growth [35]

Core Viewpoint - The company emphasizes the importance of supply chain stability and cost control, actively optimizing its production processes to mitigate raw material market fluctuations [1] Group 1: Supply Chain Management - The company maintains long-term stable relationships with key suppliers and customers, ensuring a steady supply and pricing of carbonyl iron powder based on market demand and cost structure [1] - The pricing of carbonyl iron powder is determined through mutual negotiation, reflecting current market conditions [1] Group 2: Cost Management Strategies - The company employs process upgrades and large-scale production to reduce costs and absorb some of the pressure from rising raw material prices [1] - The company possesses a certain degree of cost transfer capability due to the technical barriers of carbonyl iron powder and the long-term cooperation with customers [1] Group 3: Future Outlook - The company will continue to monitor commodity and metal market price trends, dynamically assessing costs and market changes [1] - The company aims to enhance supply chain collaboration and maintain open and transparent communication with customers to foster a healthy industry chain and win-win cooperation [1]