证券代码：000795 证券简称：英洛华 公告编号：2025-042 英洛华科技股份有限公司 第十届董事会第十次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 （二）审议通过了《公司关于 2025 年半年度计提资产减值准备的议案》； 公司董事会审计委员会对本次计提资产减值准备发表了合理性说明。 一、董事会会议召开情况 英洛华科技股份有限公司（以下简称"公司"）第十届董事会第十次会议于 2025 年 8 月 8 日以书面或电子邮件等方式通知全体董事，于 2025 年 8 月 18 日 在公司办公楼 A215 会议室以现场结合通讯的方式召开。本次会议由董事长魏中 华先生主持，应出席董事 7 人，实际出席董事 7 人，公司监事及高级管理人员列 席了会议。本次会议的召开符合《公司法》和《公司章程》等的有关规定。 二、董事会会议审议情况 经与会董事充分讨论，审议并通过如下议案： （一）审议通过了《公司 2025 年半年度报告》及其摘要； 公司董事、监事及高级管理人员签署了书面确认意见，保证公司 2025 年半年 度报告内容真实、准确、完整，不存在任何虚假记 ...

证券代码：000795 证券简称：英洛华 公告编号：2025-049 英洛华科技股份有限公司 关于 2025 年半年度利润分配预案的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、审议程序 英洛华科技股份有限公司（以下简称"公司"）于 2025 年 8 月 18 日召开第 十届董事会第十次会议、第十届监事会第七次会议，审议通过了《公司 2025 年 半年度利润分配预案》，本预案尚需提交公司股东大会审议。 二、利润分配预案的基本情况 1、分配基准：2025年半年度 公司拟定2025年半年度利润分配预案为：以公司现有总股本1,133,684,103 股扣除公司回购专用证券账户已回购股份36,303,129股后的1,097,380,974股为 基数，拟向全体股东每10股派发现金红利1.38元（含税），现金红利分配总额为 151,438,574.41元，剩余未分配利润结转以后年度分配，不送红股，也不以资本 公积金转增股本。 4、在本次利润分配预案公告后至实施前，若公司股本由于可转债转股、股 份回购、股权激励行权等原因发生变动，则以权益分派实施时股权登记日享有 ...

Group 1 - The company's operating revenue for the first half of 2025 is 1.734 billion, representing a year-on-year decrease of 14.73% [1] - The net profit for the same period is 144 million, showing a year-on-year increase of 0.52% [1] - The company plans to distribute a cash dividend of 1.38 per 10 shares (including tax) based on a base of 1.097 billion to all shareholders [1]

[Important Notice, Table of Contents, and Definitions](index=2&type=section&id=Important%20Notice%2C%20Table%20of%20Contents%2C%20and%20Definitions) This section provides essential disclaimers, a structured report directory, and key term definitions for clarity [Important Notice](index=2&type=section&id=Important%20Notice) The company's board, supervisory board, and senior management guarantee the report's accuracy and completeness, assuming legal responsibility, and have approved the profit distribution plan - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the report content[4](index=4&type=chunk) - The report contains forward-looking statements regarding future plans, which do not constitute substantial commitments, and investors should be aware of the risks[4](index=4&type=chunk) 2025 Semi-Annual Profit Distribution Plan | Indicator | Value | | :--- | :--- | | Share Capital Base | 1,097,380,974 shares | | Cash Dividend per 10 Shares (tax inclusive) | 1.38 RMB | | Bonus Shares (tax inclusive) | 0 shares | | Capital Reserve to Share Capital | No conversion | [Table of Contents](index=3&type=section&id=Table%20of%20Contents) This section presents the report's structured table of contents, detailing main chapters and page numbers for efficient navigation [Catalogue of Documents for Reference](index=4&type=section&id=Catalogue%20of%20Documents%20for%20Reference) This section lists the company's 2025 semi-annual report documents for reference, including the chairman's signed report and financial statements, available at the board office - Documents for reference include the chairman's signed semi-annual report, financial statements signed by the responsible person, and originals of all company documents and announcements publicly disclosed during the reporting period[9](index=9&type=chunk) - All original documents for reference are kept at the company's board of directors office[10](index=10&type=chunk) [Definitions](index=5&type=section&id=Definitions) This section defines key terms and abbreviations used in the report, covering legal, corporate, and financial terminology for clear understanding - Defines laws and regulations such as the Company Law, Securities Law, and institutions like the CSRC[11](index=11&type=chunk) - Clarifies that "Company", "the Company", and "Innuovo" all refer to Innuovo Technology Co., Ltd[11](index=11&type=chunk) - Lists names of major subsidiaries and related parties, such as Hengdian Holdings, Lianyee Motor, and Innuovo Magnetics[11](index=11&type=chunk) [Company Profile and Key Financial Indicators](index=6&type=section&id=Company%20Profile%20and%20Key%20Financial%20Indicators) This section outlines the company's fundamental information and presents its key financial performance metrics and ratios [Company Profile](index=6&type=section&id=Company%20Profile) Innuovo Technology Co., Ltd. (000795) is listed on the Shenzhen Stock Exchange, with Wei Zhonghua as legal representative, and contact information remained unchanged Company Basic Information | Indicator | Content | | :--- | :--- | | Stock Abbreviation | Innuovo | | Stock Code | 000795 | | Listing Exchange | Shenzhen Stock Exchange | | Legal Representative | Wei Zhonghua | - Company contact information, registered address, office address, website, and email remained unchanged during the reporting period, as detailed in the 2024 annual report[15](index=15&type=chunk) - Information disclosure and document storage locations remained unchanged during the reporting period, as detailed in the 2024 annual report[16](index=16&type=chunk) [Key Accounting Data and Financial Indicators](index=7&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) Operating revenue decreased by 14.73% year-on-year, while net profit attributable to shareholders increased by 0.52%, and net cash flow from operating activities significantly declined by 74.15% - The company retrospectively adjusted or restated prior year accounting data due to business combinations under common control[18](index=18&type=chunk) Key Accounting Data and Financial Indicators (Year-on-Year Change) | Indicator | Current Period Amount (RMB) | Prior Year Adjusted Amount (RMB) | Current Period vs. Prior Year Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 1,733,749,081.00 | 2,033,162,617.98 | -14.73% | | Net Profit Attributable to Shareholders of the Listed Company | 143,951,417.53 | 143,200,909.53 | 0.52% | | Net Profit Attributable to Shareholders of the Listed Company (Excluding Non-recurring Gains and Losses) | 113,908,222.86 | 135,680,729.90 | -16.05% | | Net Cash Flow from Operating Activities | 60,516,105.99 | 234,125,220.52 | -74.15% | | Basic Earnings Per Share (RMB/share) | 0.1312 | 0.1286 | 2.02% | | Diluted Earnings Per Share (RMB/share) | 0.1312 | 0.1286 | 2.02% | | Weighted Average Return on Net Assets | 5.26% | 5.20% | 0.06% | | Total Assets (Period-end) | 4,002,973,484.88 | 4,126,434,730.09 | -2.99% | | Net Assets Attributable to Shareholders of the Listed Company (Period-end) | 2,693,790,413.18 | 2,688,098,394.43 | 0.21% | [Differences in Accounting Data Under Domestic and Overseas Accounting Standards](index=7&type=section&id=Differences%20in%20Accounting%20Data%20Under%20Domestic%20and%20Overseas%20Accounting%20Standards) The company reported no differences in net profit and net assets between financial statements prepared under international or overseas accounting standards and Chinese accounting standards - The company reported no differences in net profit and net assets between financial statements disclosed under international accounting standards and Chinese accounting standards during the reporting period[19](index=19&type=chunk) - The company reported no differences in net profit and net assets between financial statements disclosed under overseas accounting standards and Chinese accounting standards during the reporting period[20](index=20&type=chunk) [Non-recurring Gains and Losses and Amounts](index=7&type=section&id=Non-recurring%20Gains%20and%20Losses%20and%20Amounts) Total non-recurring gains and losses for the current period were **30.04 million RMB**, mainly from government grants and non-current asset disposals, after tax and minority interest impacts Non-recurring Gains and Losses and Amounts | Item | Amount (RMB) | Explanation | | :--- | :--- | :--- | | Non-current asset disposal gains and losses | 168,807.78 | Net gain/loss from disposal of fixed assets | | Government grants recognized in current profit/loss | 33,657,744.38 | Government grant income recognized in current period | | Fund occupation fees received from non-financial enterprises recognized in current profit/loss | 457,763.82 | | | Other non-operating income and expenses apart from the above | -441,553.80 | | | Less: Income tax impact | 3,723,124.69 | Calculated by multiplying non-recurring gains and losses of each company within the consolidated scope by its corresponding income tax rate | | Minority interest impact (after tax) | 76,442.82 | Calculated by multiplying after-tax non-recurring gains and losses of non-wholly owned subsidiaries by the minority shareholder's equity ratio | | Total | 30,043,194.67 | | - The company has no other profit/loss items that meet the definition of non-recurring gains and losses[23](index=23&type=chunk) - The company has not classified any non-recurring gains and losses listed in "Interpretive Announcement No. 1 on Information Disclosure by Companies Issuing Securities to the Public—Non-recurring Gains and Losses" as recurring gains and losses[23](index=23&type=chunk) [Management Discussion and Analysis](index=9&type=section&id=Management%20Discussion%20and%20Analysis) This section analyzes the company's business operations, financial condition, and future outlook, including industry trends and strategic initiatives [Principal Business Engaged in by the Company During the Reporting Period](index=9&type=section&id=Principal%20Business%20Engaged%20in%20by%20the%20Company%20During%20the%20Reporting%20Period) The company's core businesses include rare earth permanent magnets, motors, health equipment, and electro-acoustic products, achieving a 0.52% net profit increase despite a 14.73% revenue decrease amid complex global conditions [Industry Development](index=9&type=section&id=Industry%20Development) The rare earth permanent magnet, micro-motor, health equipment, and electro-acoustic industries are experiencing robust growth driven by policy support and increasing downstream demand - The rare earth permanent magnet materials industry is transforming towards standardization and high-end development driven by the "Rare Earth Management Regulations" and supporting rules, with overall price recovery and controlled exports of medium and heavy rare earths[25](index=25&type=chunk) - New energy vehicle production and sales increased by **41.4%** and **40.3%** respectively, variable frequency air conditioner output increased by **11.6%**, and wind power installed capacity increased by **22.7%**, with projected new demand for rare earth permanent magnet materials in these sectors reaching **69,500 tons**, **31,600 tons**, and **20,700 tons** by 2027, respectively, plus **27,600 tons** for energy-saving elevators[26](index=26&type=chunk) - The micro-motor market, exceeding **200 billion RMB**, benefits from appliance trade-in policies and accelerating commercialization of

证券日报网讯英洛华（000795）8月18日在互动平台回答投资者提问时表示，公司磁材和电机产品未应 用于国防装备领域。 ...

金融界消息 截至2025年8月13日收盘，英洛华（000795）报收于11.46元，上涨2.32%，换手率4.25%， 成交量48.20万手，成交金额5.47亿元。 资金流向方面，今日主力资金净流入2281.26万元，占比成交额4.17%。其中，超大单净流入341.54万 元、占成交额0.62%，大单净流入1939.72万元、占成交额3.55%，中单净流出流出507.12万元、占成交 额0.93%，小单净流出1774.14万元、占成交额3.25%。 天眼查商业履历信息显示，英洛华科技股份有限公司，成立于1997年，位于金华市，是一家以从事科技 推广和应用服务业为主的企业。企业注册资本113368.4103万人民币，实缴资本113368.4103万人民币。 公司法定代表人为魏中华。 通过天眼查大数据分析，英洛华科技股份有限公司共对外投资了25家企业，参与招投标项目10次，知识 产权方面有商标信息69条，专利信息30条，此外企业还拥有行政许可1个。 来源：金融界 英洛华最新一期业绩显示，截至2025一季报，公司营业总收入8.40亿元、同比减少6.17%，归属净利润 6882.31万元，同比增长4.01%，扣非净利 ...

Industry Overview - The rare earth sector has seen a significant increase, with companies like Zhenghai Magnetic Materials and Aishichuang hitting the daily limit up, indicating strong market performance [1] - Rare earth elements are classified into light and heavy rare earths, with China being the sole source of heavy rare earth separation globally [1] - The rare earth industry is entering a traditional consumption peak season in August, leading to increased demand and procurement [1] Supply and Demand Dynamics - The demand for rare earth materials is expected to rise due to increased orders from major manufacturers, with some orders scheduled until mid-September [1] - The import volume of domestic rare earth products has significantly decreased due to factors like US-China tariff conflicts and political issues in Myanmar [1] - Recent price increases in rare earth materials are a key catalyst for the sector's heightened interest, with expectations of continued upward price momentum driven by strong demand [1][2] Applications of Rare Earth Materials - Rare earth permanent materials are crucial in the electric vehicle sector, with approximately 2 kilograms of rare earth used per vehicle [2] - The consumer electronics sector also shows stable growth in demand for high-performance permanent materials, used in devices like smartphones and computers [2] - Emerging industries, such as humanoid robotics, are projected to create substantial demand for rare earth materials, with estimates suggesting a potential market of $800 billion [2] Key Companies in the Rare Earth Sector - Northern Rare Earth: One of the largest suppliers of light rare earth products globally, with a target utilization rate of 90% for praseodymium and neodymium by 2025 [3] - Zhongke Magnetic Materials: A significant domestic producer of permanent magnetic materials, focusing on sintered neodymium-iron-boron and ferrite magnets [3] - China Rare Earth: The only listed platform for China Minmetals, specializing in ion-type rare earth separation and processing [3] - Galaxy Magnet: Engaged in the development and production of bonded neodymium-iron-boron magnets and samarium-cobalt magnets [3] - Inlohua: Produces neodymium-iron-boron permanent materials and serves major clients like Apple and Samsung [3] - Baotou Steel: Supplies rare earth concentrates and is known for its rich mineral resources [3] - Guangxi Rare Earth: A key player in the Guangdong rare earth industry, holding significant mining rights [4] - Xiamen Tungsten: Involved in rare earth permanent magnets with an annual production capacity of 4,000 tons [4]

Core Viewpoint - The financial performance of Yingluohua (000795) shows a decline in total revenue while net profit has increased, indicating mixed results in the company's financial health [1]. Financial Performance - As of the first quarter of 2025, Yingluohua reported total revenue of 840 million yuan, a year-on-year decrease of 6.17% [1]. - The net profit attributable to shareholders was 68.82 million yuan, reflecting a year-on-year increase of 4.01% [1]. - The non-recurring net profit was 56.84 million yuan, which represents a year-on-year decrease of 9.63% [1]. - The company's liquidity ratios are strong, with a current ratio of 2.769 and a quick ratio of 2.042 [1]. - The debt-to-asset ratio stands at 29.49%, indicating a relatively low level of debt [1]. Stock Performance - As of August 1, 2025, Yingluohua's stock closed at 10.97 yuan, down 0.99% [1]. - The turnover rate was 2.59%, with a trading volume of 293,300 hands and a transaction amount of 323 million yuan [1]. - There was a net outflow of main funds amounting to 13.53 million yuan, accounting for 4.19% of the transaction amount [1]. - Large orders saw a net outflow of 13.21 million yuan, representing 4.09% of the transaction amount [1]. Company Overview - Yingluohua Technology Co., Ltd. was established in 1997 and is located in Jinhua City, primarily engaged in technology promotion and application services [2]. - The company has a registered capital of 11.34 billion yuan, which is also the paid-in capital [1]. - The legal representative of the company is Wei Zhonghua [1]. Investment and Intellectual Property - Yingluohua has made investments in 25 companies and participated in 10 bidding projects [2]. - The company holds 69 trademark registrations and 30 patents, along with one administrative license [2].

Industry Overview - White corundum is an inorganic non-metallic material made from industrial alumina powder, with a Mohs hardness of 9.0, second only to diamond [1][4] - The industry has seen a decline in production due to weak domestic demand and stringent environmental policies, with total production expected to drop to approximately 480,000 tons in 2024 [1][4] Production Side - The white corundum industry in China began in the 1950s, initially relying heavily on imports, but has since developed self-sufficiency through technological advancements [4] - The production of 1 ton of white corundum requires about 1.1 tons of alumina, making alumina prices critical to the industry [4] Price Analysis - The price of alumina has significantly increased due to tightening supply, with the average price reaching 4,076 RMB/ton in 2024, a rise of 39.49% [5] - White corundum prices have also risen, with average prices for blocks increasing from 4,200-4,400 RMB/ton in 2023 to 5,100-5,300 RMB/ton in 2024 [5] Import and Export - Import levels of white corundum have remained low, decreasing to 1,500 tons by 2024, while exports surged from 235,400 tons in 2020 to 445,100 tons in 2024, with a compound annual growth rate of 17.26% [7] - The number of countries and regions importing Chinese white corundum has increased to 91 by the end of 2024 [7] Consumption Side - The primary consumption markets for white corundum are refractory materials and abrasives, with refractory material production declining by 3.73% in 2024 [9][10] - The abrasives sector has also faced challenges, with total revenue dropping to 450.2 billion RMB in 2024, a decrease of 15.1% [9] Future Trends - The industry is expected to see increased concentration as smaller companies face pressure from stricter environmental regulations and market competition [18] - There is a push towards green and high-end transformation, with companies focusing on clean production processes and developing high-purity products to meet advanced manufacturing needs [19][20]

Core Viewpoint - The company, Yingluo Technology Co., Ltd., has approved an investment plan for a new project to expand the production capacity of sintered neodymium-iron-boron magnets by 5,000 tons annually, with a total estimated investment of approximately 423.81 million yuan [3][4]. Group 1: Project Details - The project, named "Annual Production of 5,000 Tons Sintered Neodymium-Iron-Boron Expansion Project," will be implemented by the wholly-owned subsidiary, Dongyang Dongci Rare Earth Co., Ltd. [4] - The construction site is located at No. 33 Kexing Road, Hengdian Town, Dongyang City, Jinhua, Zhejiang Province [4]. - The project includes factory renovations, new production lines, and additional testing equipment, with an expected construction period of 18 months [4]. Group 2: Strategic Implications - The expansion project aligns with national industrial policies and industry development trends, aiming to enhance the company's production capacity to meet the growing market demand for neodymium-iron-boron materials [4]. - Upon completion, the project is expected to increase the scale of the company's neodymium-iron-boron business and strengthen its overall competitiveness, positively impacting long-term development and benefiting all shareholders [4].