证券代码：002056 证券简称：横店东磁 公告编号：2026-011 2、交易品种：包括但不限于外汇远期结售汇（定期、择期）、掉期（互换）、 期权、结构性外汇远期合约等产品。 3、交易场所：经监管机构批准、具有外汇套期保值经营资质的金融机构。 4、交易金额及期限：任一时点的交易余额不超过等值 80 亿人民币，有效期 限自公司 2025 年度股东会审议通过之日起至 2026 年年度股东会召开之日止，上 述额度在期限内可循环滚动使用。 5、履行的审议程序：本次交易已经公司第九届董事会第二十八次会议审议 通过，尚需提交公司 2025 年年度股东会审议。 6、风险提示：公司及子公司在外汇套期保值业务开展过程中存在市场风险、 流动性风险、履约风险、操作风险及法律风险，敬请投资者注意投资风险。 横店集团东磁股份有限公司 关于增加 2026 年度开展外汇套期保值业务额度的公告 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。 重要内容提示： 1、交易目的：为了降低汇率波动对公司经营业绩的影响，公司及子公司拟 开展与日常经营联系密切的外汇套期保值业务。 一、交易情况概述 横店 ...

Investment Rating - The report suggests focusing on companies benefiting from supply-side reforms, technological iterations, and marginal changes in demand expectations, with a long-term view on efficient technologies and leading companies in the industry [4] Core Insights - The photovoltaic equipment industry index decreased by 0.16% during the week of March 16-20, 2026, underperforming the broader market index by 0.87 percentage points [12][15] - Key companies in the photovoltaic equipment sector that performed well include Jinlang Technology, Muban High-tech, and Shangneng Electric, while companies like Shuangliang Energy and Hengdian East Magnetic saw significant declines [19] - The report highlights a downward trend in upstream prices, with silicon material prices at 43 CNY/kg, down 3 CNY/kg from the previous period, and silver paste prices decreasing by 15.1% [3][22] Summary by Sections 1. Market Performance Review - The Shanghai and Shenzhen 300 index fell by 2.19%, with the electric equipment index down 3.06%, ranking 10th among 31 industry indices [12] - The photovoltaic equipment industry index's performance was notably weak compared to other sectors [15] 2. Industry Chain Price Trends - As of March 18, 2026, the prices for various components in the photovoltaic supply chain were as follows: silicon material at 43 CNY/kg, silicon wafers at 1.15 CNY/piece, battery cells at 0.41 CNY/W, and modules at 0.84 CNY/W, with silver paste at 18,920 CNY/kg [3][22] 3. Industry News - The Ministry of Industry and Information Technology and other departments issued a plan to enhance the efficiency of transformers in the renewable energy sector, aiming for significant improvements by 2028 [30] - The Ministry of Finance emphasized support for renewable energy development and the construction of a new energy system in its 2025 fiscal policy report [31] - The National Development and Reform Commission is working to stabilize and increase prices for polysilicon and silicon wafers, addressing structural issues in key industries [33][34]

Core Viewpoint - The recent surge in the new energy sector, particularly in lithium battery materials, is driven by the U.S. decision not to impose tariffs on Chinese battery materials, which is seen as a significant positive for the market [1][2]. Group 1: Market Reaction - On March 13, the lithium battery index rose by 3%, with notable stocks like Jinzhengdai hitting the limit up within a minute of opening. A total of 35 stocks in the sector saw gains exceeding 5% [2]. - The U.S. International Trade Commission (USITC) ruled that imports of key battery components from China did not harm domestic industries, leading to a positive market response [2]. Group 2: Tariff Impact - The U.S. decision means that previously imposed high tariffs on Chinese anode materials, which were as high as 93.5% for specific exporters, will not be applied, benefiting the negative electrode materials the most [2][3]. - The previous tariffs included a 160.32% to 169.58% cash deposit requirement for importers, which will now be lifted, enhancing the competitiveness of Chinese battery materials [3]. Group 3: Future Trends - Starting in 2025, the lithium battery midstream sector is expected to enter a "recovery-prosperity" phase, driven by a new round of capacity expansion and breakthroughs in solid-state battery technology [3]. - The demand for lithium batteries is projected to reach 2,280.5 GWh globally by 2025, with energy storage accounting for 29% of this demand. By 2026, demand is expected to rise to 3,016 GWh, with energy storage projected at 1,090 GWh [4][5]. Group 4: Industry Dynamics - The supply-demand dynamics in the lithium battery materials sector have changed significantly compared to two years ago, with cautious capacity expansion in upstream materials expected to lead to over 80% utilization by the end of 2025 [4]. - The overall industry is entering a proactive inventory replenishment phase, with a decline in power battery inventory and an increase in energy storage inventory [3].

Group 1 - The company, Hengdian East Magnetic (002056), announced that as of the date of the announcement, the total amount of guarantees provided to its subsidiaries is 183 million yuan, which accounts for 18.15% of the company's most recent audited net assets [1] - After this guarantee provision, the total balance of guarantees provided by the company to its subsidiaries is 18.71 million yuan, representing 1.86% of the company's most recent audited net assets [1] - The company and its subsidiaries do not provide guarantees for entities outside the scope of the consolidated financial statements, and there are no overdue guarantees, guarantees involved in litigation, or losses incurred due to guarantees resulting in adverse judgments [1]

Core Insights - InfoLink has released the global component shipment rankings for 2025, indicating a total shipment volume of approximately 536GW from the listed suppliers [4][9]. Group 1: Shipment Rankings - The top four companies account for about 58% of the total shipments, with a clear division at 60GW between the leading companies and the subsequent ones [10]. - The first tier of suppliers has a shipment range of 80-90GW, with JinkoSolar and Longi Green Energy tied for first place, following the addition of U.S. component manufacturers [11]. - The second tier, with shipments between 60-70GW, includes Trina Solar and JA Solar, which are tied for third place [11]. Group 2: Additional Tiers - The third tier has shipments ranging from 30-50GW, with Tongwei and Chint New Energy maintaining their existing rankings as fifth and sixth, respectively [12]. - The fourth tier has shipments between 20-30GW, featuring GCL-Poly in seventh place, while LONGi and Canadian Solar are tied for eighth. TCL Zhonghuan, Yingli Green Energy, and Jida New Energy are tied for tenth place [12]. Group 3: Technology Trends - In terms of technology, TOPCon components have become the dominant product among the top ten suppliers, with nearly 95% of shipments attributed to this technology, while PERC accounts for only 1-2% [12]. - The statistics do not accurately reflect the global market share of BC and HJT technologies, as major HJT manufacturers were not included in the rankings, focusing instead on the mainstream companies' shipment strategies [12].

近期，横店集团东磁股份有限公司（以下简称"公司"）为全资子公司DMEGC Renewable Energy B.V 开具预付款保函和履约保函而承担连带责任保证，累计提 供担保金额约人民币 282.03 万元（按当日汇率结算），最晚一笔担保期限至 2026 年 9 月 15 日止；公司为全资子公司东阳横丰新能源科技有限公司开具质量保函而 承担连带保证责任，累计提供担保金额约人民币 329.50 万元，最晚一笔担保期限 至 2027 年 2 月 27 日。 二、担保事项履行的决策程序 证券代码：002056 证券简称：横店东磁 公告编号：2026-004 横店集团东磁股份有限公司 关于为下属公司提供担保的进展公告 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。 特别提示：截至本公告披露日，公司为下属公司提供担保总余额为18,713.98 万元，占公司最近一期经审计净资产的1.86%。公司及下属公司不存在为合并报 表范围外单位提供担保，也不存在逾期担保。 一、提供担保进展概述 2、《出具保函协议》。 特此公告。 横店集团东磁股份有限公司董事会 二〇二六年二月二十八日 ...

Group 1 - The core viewpoint of the article highlights the positive performance of the photovoltaic ETF Huaxia (515370), which rose by 0.85%, with significant gains from stocks such as Hengdian East Magnetic (over 6%), Goodwe (over 4%), and Daqo New Energy (over 2%) [1] - Zhongyou Securities believes that satellite demand is driving the market potential for space photovoltaic technology, with low Earth orbit satellite demand expected to increase rapidly due to applications in satellite internet, strategic layouts, and space computing power [1] - Space photovoltaic technology is identified as the only energy supply solution for satellites, benefiting from the increase in the number of satellites and the enhancement of power per satellite [1] Group 2 - The Huaxia photovoltaic ETF (515370) and its connected funds (012885/012886) track the CSI Photovoltaic Industry Index, which encompasses upstream, midstream, and downstream companies in the photovoltaic industry, including silicon wafers, polysilicon, solar cells, cables, photovoltaic glass, battery components, inverters, photovoltaic brackets, and solar power plants [1] - The index tracked by the ETF has a space photovoltaic content of 18.49%, ranking first across all market dimensions [1]

Group 1 - The core viewpoint of the news is that the new energy sector is experiencing significant growth, driven by government policies and market dynamics, particularly in the context of the electricity market reform and lithium prices [1][2]. Group 2 - As of February 25, 2026, the New Energy ETF (516160) rose by 2.24%, with a trading volume of 201 million yuan and a turnover rate of 2.88% [1]. - The State Council issued an implementation opinion on improving the national unified electricity market system, marking a shift towards a more systematic approach to electricity market reform [1]. - The top ten weighted stocks in the China New Energy Index include major players such as CATL, Sungrow Power, and LONGi Green Energy, reflecting the overall performance of the new energy sector [3]. Group 3 - UBS has raised its price forecasts for lithium spodumene and carbonate, indicating that the global lithium market has entered a third price supercycle, driven by the electric vehicle sector [2]. - The cost of single battery cells has decreased to $55 per kWh, nearly a 50% reduction since 2020, with manufacturing costs continuing to decline by approximately 10% annually [2]. - The upcoming Beijing Auto Show is expected to stimulate market demand as new flagship models are set to be launched, potentially leading to a rebound in new energy vehicle penetration rates [2].

Core Viewpoint - The controlling shareholder of Hengdian East Magnetic (002056) has recently reduced its stake by 0.59%, while the company's industrial fund has expanded to 500 million yuan, focusing on investments in new energy and artificial intelligence sectors [1][2][3]. Shareholder Reduction - Hengdian Group Holdings has executed a share reduction plan, selling 9.644 million shares between January 30 and February 9, 2026, which represents 0.59% of the total share capital. This reduction is part of a larger plan to sell up to 16.26 million shares, or 1% of the total share capital, by April 17, 2026. Post-reduction, the holding percentage of Hengdian Group has decreased to 49.99%, with the company confirming that this will not lead to a change in control [2]. Fund Expansion - The company’s board approved an increase in the East Magnetic Industrial Fund from 200 million yuan to 500 million yuan on December 24, 2025. The fund will primarily invest in high-end materials, new energy and storage technologies, magnetic materials and semiconductor integration, and artificial intelligence. This initiative aims to enhance the company's investment layout along the industrial chain, with future investment dynamics potentially impacting the company's long-term strategy [3]. Business Development - The company is actively exploring the battery backup unit (BBU) sector and is in discussions with relevant clients. The three-element lithium battery products are applicable in this field, indicating the company's focus on emerging energy applications [4].

Core Viewpoint - The controlling shareholder of Hengdian East Magnetic (横店东磁) plans to reduce its stake, which has implications for the company's ownership structure and market perception [1][2]. Group 1: Shareholder Reduction Plan - Hengdian Group Holdings Co., Ltd. intends to reduce its holdings by up to 16.26 million shares, representing 1% of the total share capital, within a specified period from January 19, 2026, to April 17, 2026 [1]. - The company received a notification regarding the reduction, indicating that from January 30, 2026, to February 9, 2026, the controlling shareholder sold 9.644 million shares, decreasing its ownership from 50.59% to 49.99% [1]. Group 2: Financial Impact - The reduction was executed at a weighted average price of 20.02 yuan per share, resulting in approximately 193 million yuan being cashed out [2]. - Since the initial stake of 117 million shares represented 56.95% of the total capital, the cumulative reduction since January 14, 2008, amounts to 3 million shares, with total cash proceeds of about 10.2 million yuan [2]. Group 3: Company Governance - The company asserts that this equity change will not affect its control structure or governance, ensuring continuity in operations [2].