Financial Performance - The company's operating revenue for Q3 2024 was ¥2,271,159,836.97, representing an increase of 11.86% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥33,972,673.31, a decrease of 60.55% year-on-year[2]. - The net profit after deducting non-recurring gains and losses for Q3 2024 was ¥20,571,541.49, down 72.94% from the previous year[2]. - The company's total profit for the year-to-date was ¥170,497,853.89, down 35.60% compared to the previous year, primarily due to a decrease in magnesium prices[5]. - The net profit for the year-to-date was ¥152,652,714.78, reflecting a decline of 37.08% year-on-year[5]. - The net profit for Q3 2024 was CNY 152.65 million, a decrease of 37.1% compared to CNY 242.61 million in Q3 2023[14]. - Operating income for Q3 2024 was CNY 171.56 million, down 33.2% from CNY 256.71 million in the same period last year[14]. - The company’s total comprehensive income for Q3 2024 was CNY 152.65 million, compared to CNY 242.61 million in Q3 2023[14]. - Earnings per share for Q3 2024 were CNY 0.155, a decrease from CNY 0.229 in Q3 2023[14]. Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥12,664,982,465.84, reflecting a growth of 9.96% compared to the end of the previous year[2]. - Total assets increased to ¥12,664,982,465.84, up from ¥11,517,713,471.00 at the beginning of the period, reflecting a growth of 10.00%[12]. - Current assets totaled ¥4,464,497,061.07, an increase of 8.55% from ¥4,112,751,078.15 at the start of the period[11]. - The company's total liabilities increased by 19.09% to ¥2,728,034,576.39, driven by an increase in short-term loans[5]. - Total liabilities rose to ¥6,511,991,814.26, up from ¥5,459,092,377.81, reflecting a 19.23% increase[12]. - Long-term borrowings increased significantly to ¥2,006,902,231.82 from ¥1,128,629,777.78, indicating a strategy to leverage debt for growth[11]. - The equity attributable to shareholders of the parent company increased to ¥5,332,772,567.56 from ¥5,270,661,333.24, showing a slight growth of 1.18%[12]. Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥58,281,860.14, a significant decline of 73.53% year-on-year[5]. - Cash flow from operating activities for the current period was CNY 58.28 million, significantly lower than CNY 220.21 million in the previous year[15]. - Cash flow from financing activities generated a net amount of CNY 1.07 billion, compared to CNY 1.41 billion in the same period last year[16]. - The company reported a decrease in cash and cash equivalents to ¥242,610,684.62 from ¥372,539,227.96, indicating a potential liquidity concern[11]. - The company reported cash and cash equivalents at the end of the period amounting to CNY 242.79 million, down from CNY 349.23 million at the end of Q3 2023[16]. - The company incurred a total of CNY 4.89 billion in cash payments for goods and services, up from CNY 4.13 billion in the previous year[15]. - The company’s investment activities resulted in a net cash outflow of CNY 1.23 billion, compared to an inflow of CNY 1.60 billion in the previous year[15]. Research and Development - Research and development expenses for the year-to-date increased by 31.14% to ¥312,033,998.12, indicating a focus on innovation[5]. - Research and development expenses increased to ¥312,033,998.12, a rise of 31.11% compared to ¥237,943,035.21 in the previous year, highlighting a focus on innovation[13]. Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 43,590, with the largest shareholder, Baosteel Metal Co., Ltd., holding 21.53% of shares, equating to 213,498,817 shares[6]. - The total number of shares held by the top ten unrestricted shareholders includes Baosteel Metal Co., Ltd. with 126,698,817 shares, accounting for a significant portion of the total[6]. - The company implemented a profit distribution plan in June 2024, distributing a cash dividend of 1.3 RMB per 10 shares and issuing 4 bonus shares for every 10 shares held, increasing the total share capital from 708,422,538 shares to 991,791,553 shares[9]. - The total number of shareholders with voting rights restored for preferred shares was not applicable, indicating no such shareholders were present[6]. - The company reported that major shareholders and the top ten shareholders did not participate in the securities lending business, with no shares lent out at the end of the reporting period[7]. Strategic Initiatives - The company signed a strategic cooperation agreement with Shanghai Hydrogen Maple Energy Technology Co., Ltd. in January 2024 to enhance magnesium-based solid-state hydrogen storage technology, which is expected to improve competitiveness and profitability[8]. - In March 2024, a subsidiary entered into a development agreement for large magnesium alloy die-casting parts with an undisclosed automotive manufacturer, marking a significant milestone in the application of magnesium in the automotive sector[8]. - The company is focusing on expanding its market presence through collaborations and product development in the automotive sector, which is crucial for its growth strategy[8]. - The company’s competitive position in the industry is expected to strengthen through the development of new technologies and strategic partnerships[8]. - The company’s strategic initiatives are aligned with its long-term development plan, enhancing future growth potential and sustainable development capabilities[8].

证券代码：002182 证券简称：宝武镁业 公告编号：2024-48 宝武镁业科技股份有限公司 关于为参股子公司巢湖宜安云海科技有限公司 提供担保暨关联交易的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 为满足日常经营发展资金需求，公司参股子公司宜安云海拟向相关金融机构 申请不超过人民币 26,000.00 万元授信额度，公司及宜安云海另一股东东莞宜安 科技股份有限公司按各自持股比例提供担保。公司持有宜安云海 40.00%的股权， 即公司的担保额度为 10,400.00 万元。 单位：万元 | 担保方 | 被担保方 | 担保方持 | 被担保方 | | | 新增担保额度 | | 是否 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 最近一期 | 截至目前 | 本次新增 | 占上市公司最 | | 关联 | | | | 股比例 | 资产负债 | 担保余额 | 担保额度 | 近一期经审计 | | 担保 | | | | | 率 | | | 净资产比例 | | | | 公司 | 巢 ...

证券代码：002182 证券简称：宝武镁业 宝武镁业科技股份有限公司投资者关系活动记录表 编号：2024-10 | --- | --- | --- | |-------------------------|----------------------------|------------------------------------------------------------| | | | | | 投资者关系活 | ■ 特定对象调研 | □ 分析师会议 | | 动类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ 其他 | | | 参与单位名称 及人员姓名 | 个人投资者：杨晓雷。 | | | 时间 2024 | 年 9 月 6 日 | | | 地点 | 公司会议室 | | | 上市公司接待 人员姓名 | 宝武镁业证代 杜丽蓉 | | | | 问：请介绍一下宝武镁业？ | | | | 答：公司 1993 年成立， | 2007 年上市，是集矿业开采、有色金 | | | | 属冶炼和回收加工为一体的高新技术企业，主营业务为 ...

Investment Rating - The report gives a "Buy" rating for the company with a target price of 14.00 CNY per share, based on a 20x PE ratio for 2025 [4]. Core Insights - The company is positioned as a leader in the magnesium industry, with a complete industrial chain from raw material extraction to magnesium alloy processing and recycling. The company has a current annual production capacity of 100,000 tons of raw magnesium and 200,000 tons of magnesium alloys, holding over 40% market share in magnesium alloys [1][11]. - The entry of Baowu Steel as a controlling shareholder is expected to enhance the company's competitive edge and facilitate resource sharing, thereby strengthening its position in the magnesium industry [1][14]. - The magnesium industry is undergoing a transformation, with a focus on increasing supply concentration and meeting the growing demand driven by automotive lightweighting and construction applications. The report forecasts a compound annual growth rate (CAGR) of 54% for domestic automotive magnesium alloy demand from 2023 to 2026 [2][3]. Summary by Sections Company Overview - The company has been in operation since 1993 and has developed a robust technological foundation. It has established a complete industrial chain for magnesium production, which includes raw magnesium extraction, magnesium alloy smelting, and processing [1][11]. - The company has significant mineral resources, with a total of 1.4 billion tons of dolomite mining rights, ensuring a stable supply of raw materials [3][11]. Industry Dynamics - China supplies over 80% of the world's raw magnesium, but the industry faces challenges due to low concentration and environmental regulations affecting production [2][26]. - The demand for magnesium is expected to grow significantly, particularly in the automotive sector, where lightweighting trends are driving increased usage of magnesium alloys [2][3]. Financial Projections - The company is expected to see substantial revenue and profit growth, with projected net profits of 305 million CNY, 690 million CNY, and 1.25 billion CNY for 2024, 2025, and 2026, respectively [3][4]. - The report indicates that the company's revenue has grown from 5.57 billion CNY in 2019 to 7.65 billion CNY in 2023, with a CAGR of 8.25% [16][17]. Strategic Developments - The company is expanding its production capacity, with plans to increase raw magnesium and magnesium alloy capacities to over 500,000 tons and 600,000 tons, respectively [3][11]. - The company is also focusing on deep processing of magnesium products, which is expected to enhance profitability as the share of deep processing products in total revenue increases [16][17].

证券代码：002182 证券简称：宝武镁业 公告编号：2024-46 宝武镁业科技股份有限公司 2024 年第四次临时股东大会决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、 误导性陈述或者重大遗漏。 重要提示： ● 本次股东大会召开期间无增加、否决或变更议案的情况； ● 本次股东大会以现场表决与网络表决相结合的方式召开。 一、会议召开情况 1、会议召集人：宝武镁业科技股份有限公司董事会 2、会议主持人：董事长梅小明先生 5、会议的召集、召开与表决程序符合《公司法》《深圳证券交易所股票上市规 则》及《公司章程》等法律、法规及规范性文件的规定。 二、会议出席情况 股东出席的总体情况： 通过现场和网络投票的股东 233 人，代表股份 392,659,358 股，占公司有表决权 股份总数的 39.5909％。 3、会议召开方式及召开时间 （1）现场会议时间：2024年9月5日（星期四）下午14:00 （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的具体时间为 2024年9月5日（星期四）上午9:15－9:25，9:30－11:30，下午13:00－15:00。通过深 圳证 ...

宝武镁业临时股东大会 法律意见书 江苏世纪同仁律师事务所 关于宝武镁业科技股份有限公司 2024 年第四次临时股东大会的法律意见书 致：宝武镁业科技股份有限公司 根据《中华人民共和国公司法（2023 修订）》《中华人民共和国证券法（2019 修订）》《上市公司股东大会规则（2022 修订）》和《深圳证券交易所上市公 司股东大会网络投票实施细则（2020 年修订）》等法律、法规和规范性文件以 及《宝武镁业科技股份有限公司章程》（以下简称"《公司章程》"）的规定， 本所受公司董事会的委托，指派本所律师出席公司 2024 年第四次临时股东大会， 并就本次临时股东大会的召集、召开程序、出席会议人员资格、召集人资格、表 决程序以及表决结果的合法有效性等事项出具法律意见。 为出具本法律意见书，本所律师对本次临时股东大会所涉及的有关事项进行 了审查，查阅了相关会议文件，并对有关问题进行了必要的核查和验证。 本所律师同意将本法律意见书随公司本次临时股东大会决议一并公告，并依 法对本法律意见书承担相应的责任。 本所律师根据相关法律、法规和规范性文件的要求，按照律师行业公认的业 务标准、道德规范和勤勉尽责精神，出具法律意见如下： ...

证券代码：002182 证券简称：宝武镁业 公告编号：2024-41 宝武镁业科技股份有限公司 2024 年第三次临时股东大会决议公告 2、会议主持人：董事长梅小明先生 3、会议召开方式及召开时间 （1）现场会议时间：2024年8月15日（星期四）下午14:00 （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的具体时间为 2024年8月15日（星期四）上午9:15－9:25，9:30－11:30，下午13:00－15:00。通过深 圳证券交易所互联网投票系统投票的具体时间为2024年8月15日（星期四）上午9:15 至下午15:00期间的任意时间。 4、会议地点：宝武镁业科技股份有限公司会议室。 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、 误导性陈述或者重大遗漏。 重要提示： ● 本次股东大会召开期间无增加、否决或变更议案的情况； ● 本次股东大会以现场表决与网络表决相结合的方式召开。 一、会议召开情况 1、会议召集人：宝武镁业科技股份有限公司董事会 中小股东出席的总体情况： 通过现场和网络投票的中小股东 245 人，代表股份 14,905,685 股，占公司有表决 权 ...

宝武镁业临时股东大会 法律意见书 江苏世纪同仁律师事务所 关于宝武镁业科技股份有限公司 2024 年第三次临时股东大会的法律意见书 致：宝武镁业科技股份有限公司 根据《中华人民共和国公司法（2023 修订）》《中华人民共和国证券法（2019 修订）》《上市公司股东大会规则（2022 修订）》和《深圳证券交易所上市公司股 东大会网络投票实施细则（2020 年修订）》等法律、法规和规范性文件以及《宝 武镁业科技股份有限公司章程》（以下简称"《公司章程》"）的规定，本所受公 司董事会的委托，指派本所律师出席公司 2024 年第三次临时股东大会，并就本 次临时股东大会的召集、召开程序、出席会议人员资格、召集人资格、表决程序 以及表决结果的合法有效性等事项出具法律意见。 为出具本法律意见书，本所律师对本次临时股东大会所涉及的有关事项进行 了审查，查阅了相关会议文件，并对有关问题进行了必要的核查和验证。 本所律师同意将本法律意见书随公司本次临时股东大会决议一并公告，并依 法对本法律意见书承担相应的责任。 本所律师根据相关法律、法规和规范性文件的要求，按照律师行业公认的业 务标准、道德规范和勤勉尽责精神，出具法律意见如下： ...

证券代码：002182 证券简称：宝武镁业 公告编号：2024-42 宝武镁业科技股份有限公司 第七届董事会第四次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记 载、误导性陈述或者重大遗漏。 宝武镁业科技股份有限公司（以下简称"宝武镁业"或"公司"）第七届董 事会第四次会议于 2024 年 8 月 15 日在公司会议室以现场形式召开，会议通知已 于 2024 年 8 月 5 日以书面及电子邮件方式通知全体董事、监事及高级管理人员， 并通过电话确认。会议应到董事 11 人，实到董事 11 人。公司监事及高级管理人 员列席了会议。会议召开符合法律、法规及《公司章程》的相关规定。 会议由董事长梅小明先生主持，出席会议的董事以现场书面表决方式审议并 通过了如下议案： 一、审议通过了《关于变更公司董事的议案》 三、审议并通过了《关于聘任公司副总经理的议案》 公司第七届董事会第四次会议审议通过了《关于聘任公司副总经理的议案》， 董事会聘任范乃娟女士为公司副总经理。任期自第七届董事会第四次会议决议通 过之日起至本届董事会任期届满之日止。 张轶先生因工作变动原因辞去第七届董事会董事及专门委员 ...

本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚 假记载、误导性陈述或者重大遗漏。 证券代码： 002182 证券简称：宝武镁业 公告编号：2024-44 近日，宝武镁业科技股份有限公司（以下简称"宝武镁业"或"公司"） 收到张轶先生向公司董事会提交的辞职报告，因工作变动原因辞去第七届董事 会董事及专门委员会职务，辞职后不再担任公司任何职务。为保证董事会合规 运作，根据《公司章程》等有关规定，张轶先生将继续履职到股东大会选举出 新任董事为止。 宝武镁业科技股份有限公司 关于变更公司董事的公告 同时选举梅小明先生任第七届董事会审计委员会委员，任期自本次董事会 审议通过之日起至本届董事会届满之日止。 本次提名并选举曹娅晴女士为公司董事后，董事会中兼任公司高级管理人 员的董事人数总计未超过公司董事总数的二分之一。 截止本公告披露日，张轶先生未持有本公司股份。张轶先生在公司任职期 间恪尽职守、勤勉尽责，公司董事会谨向张轶先生表示诚挚的敬意与衷心的感 谢！ 根据《中华人民共和国公司法》《深圳证券交易所上市公司自律监管指引 第1号——主板上市公司规范运作》和《公司章程》等相关规定，经公司董事会 提名委员会任 ...