Core Viewpoint - Baowu Magnesium Industry has shown a significant stock price increase and financial performance, indicating potential growth opportunities despite a decline in net profit. Group 1: Stock Performance - On January 7, Baowu Magnesium's stock rose by 2.01%, reaching 17.29 CNY per share, with a trading volume of 237 million CNY and a turnover rate of 1.61%, resulting in a total market capitalization of 17.148 billion CNY [1] - Year-to-date, the stock price has increased by 13.01%, with a 12.93% rise over the last five trading days, 21.16% over the last 20 days, and 11.40% over the last 60 days [1] Group 2: Financial Performance - For the period from January to September 2025, Baowu Magnesium achieved a revenue of 6.970 billion CNY, reflecting a year-on-year growth of 9.82%, while the net profit attributable to shareholders was 87.439 million CNY, a decrease of 43.13% year-on-year [2] - The company has distributed a total of 738 million CNY in dividends since its A-share listing, with 206 million CNY distributed over the past three years [3] Group 3: Shareholder Information - As of December 19, 2025, Baowu Magnesium had 56,200 shareholders, a decrease of 0.88% from the previous period, with an average of 15,387 circulating shares per shareholder, an increase of 0.89% [2] - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 25.768 million shares, an increase of 13.540 million shares from the previous period [3]

从资金流向上来看，当日小金属板块主力资金净流入24.99亿元，游资资金净流出7.53亿元，散户资金净 流出17.45亿元。小金属板块个股资金流向见下表： 证券之星消息，1月6日小金属板块较上一交易日上涨4.31%，浩通科技领涨。当日上证指数报收于 4083.67，上涨1.5%。深证成指报收于14022.55，上涨1.4%。小金属板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 301026 | 浩道科技 | 32.50 | 12.03% | 20.88万 | | 6.66 Z | | 000960 | 锡业股份 | 31.11 | 10.01% | 67.24万 | | 20.43亿 | | 002978 | 安宁股份 | 36.17 | 10.01% | 19.52万 | | 6.87亿 | | 600459 | 贵研铂业 | 21.12 | 10.00% | 69.41万 | | 14.38亿 | | 002182 | 宝武镁V | 16.95 | 9.0 ...

Group 1 - The core viewpoint of the article is that Baowu Magnesium Industry has successfully developed and started mass production of magnesium alloy electric drive housings in collaboration with Nanjing Precision and Chongqing Boao, indicating a significant advancement in their product offerings [1] - The company anticipates a notable growth in its magnesium alloy deep processing business as the lightweight trend in the new energy vehicle sector accelerates [1]

Core Viewpoint - Baowu Magnesium Industry's stock price has shown a modest increase of 2.03% year-to-date, with significant fluctuations in trading volume and market capitalization, indicating a mixed investor sentiment and potential opportunities for growth in the non-ferrous metals sector [1][2]. Group 1: Stock Performance - As of January 5, Baowu Magnesium's stock price reached 15.61 CNY per share, with a total market capitalization of 15.482 billion CNY [1]. - The stock has increased by 3.51% over the last five trading days and 12.87% over the last 20 days, while it has decreased by 2.80% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Baowu Magnesium reported a revenue of 6.970 billion CNY, reflecting a year-on-year growth of 9.82%, while the net profit attributable to shareholders decreased by 43.13% to 87.439 million CNY [2]. Group 3: Shareholder Information - As of December 19, the number of shareholders for Baowu Magnesium was 56,200, a decrease of 0.88% from the previous period, with an average of 15,387 circulating shares per shareholder, which increased by 0.89% [2]. - The company has distributed a total of 738 million CNY in dividends since its A-share listing, with 206 million CNY distributed over the last three years [3]. Group 4: Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited was the second-largest circulating shareholder, holding 25.768 million shares, an increase of 13.5401 million shares from the previous period [3]. - The Southern CSI 1000 ETF was the fifth-largest shareholder, holding 6.3518 million shares, which decreased by 53,600 shares compared to the previous period [3].

每经头条（nbdtoutiao）——2025十大财经新闻出炉！护航、酣战、变局、狂飙分别指向哪些大事件？ （记者 曾健辉） 每经AI快讯，宝武镁业发布公告称，2025年12月31日，宝武镁业接受信达澳亚等投资者调研，公司董 秘吴剑飞参与接待，并回答了投资者提出的问题。 ...

Production Overview - In 2025, China's total primary magnesium production reached approximately 917,400 tons, a year-on-year increase of about 5.78% [1] - Production by region: - Shaanxi: 591,200 tons (+13.82%) - Shanxi: 174,100 tons (-6.50%) - Inner Mongolia: 34,200 tons (-1.72%) - Xinjiang: 52,300 tons (+9.41%) - Other regions: 65,700 tons [1] Export Data - From January to November 2025, China exported approximately 408,800 tons of various magnesium products, a decrease of 2.83% year-on-year [2] - Breakdown of exports: - Magnesium ingots: 229,800 tons (-5.12%) - Magnesium alloys: 90,400 tons (+2.73%) - Magnesium powder: 67,700 tons (-11.05%) [2] Application Areas - In 2024, global primary magnesium production was 1,120,000 tons, with the following application proportions: - Magnesium alloys: 49% - Added to aluminum alloys: 26% - Steel desulfurization: 12% - Metal reducing agents: 8% - Other applications: 5% [3] Product Development - The company has successfully developed and mass-produced magnesium alloy electric drive housings in collaboration with Nanjing Precision and Chongqing Boao, anticipating significant growth in this sector due to the acceleration of lightweight electric vehicles [4] Deep Processing Expansion - The company operates six die-casting bases nationwide, equipped with over 200 die-casting units and nearly 1,000 processing centers, capable of surface treatment and mold design [5] - Key areas for magnesium alloy deep processing include: - Automotive components (e.g., steering wheels, seat supports) - Electric bicycle parts - Robotics components (e.g., covers, bases) - Magnesium construction templates (e.g., ceiling and wall panels) - Applications in low-altitude economy [5] Compliance and Communication - The company ensured thorough communication with investors, adhering to information disclosure regulations to maintain transparency and prevent the leakage of undisclosed significant information [6]

证券代码：002182 证券简称：宝武镁业 公告编号：2025-57 宝武镁业科技股份有限公司 关于高级管理人员股份减持完成的公告 董事会秘书吴剑飞保证向本公司提供的信息内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 宝武镁业科技股份有限公司（以下简称"宝武镁业"或"公司"）于2025 年9月25日在巨潮资讯网（www.cninfo.com.cn）披露了《关于高级管理人员减 持股份预披露公告》（公告编号：2025-41）。近日，公司收到吴剑飞女士提交 的《关于股份减持计划完成的告知函》，吴剑飞女士本次减持计划已实施完成， 现将有关情况公告如下： 二、股东本次减持前后持股情况 注：上表中计算股份占总股本的比例时，尾数进行四舍五入计算。 股东名称 减持方式 减持期间 减持均价 （元/股） 减持股数 （股） 减持股份数量占公司当 前总股本的比例（%） 吴剑飞 集中竞价 2025.11.5- 2025.12.29 14.72 680,000 0.0686% 一、股东减持情况 三、其他说明 1、本次减持计划的实施符合《中华人民共和国证券 ...

内容概要：新能源汽车产业的快速崛起，成为驱动汽车镁合金轮毂行业增长的核心引擎，为缓解续航焦 虑，车企对轻量化零部件的需求日益旺盛，镁合金轮毂作为关键轻量化部件，正加速从高端车型向中端 主流车型渗透，此外，商用车领域中，减重带来的燃油或能耗成本显著降低，也推动物流、货运企业对 镁合金轮毂的采购意愿持续增强，据统计，2024年我国汽车镁合金轮毂行业市场规模达14.2亿元，同比 增长47.9%，但受镁合金轮毂生产成本偏高、生产工艺复杂等因素制约，目前，镁合金轮毂在我国汽车 轮毂市场的占比较小，不足2%，远低于铝轮毂与钢轮毂。 相关上市企业：德威股份（833308.NQ）、宝武镁业（002182）、万丰奥威（002085）、立中集团 （300428）、今飞凯达（002863）、比亚迪（002594）、上汽集团（600104）、长安汽车（000625）、 吉利汽车（00175.HK）、东风股份（600006）、广汽集团（601238）、长城汽车（601633）、江淮汽 车（600418） 关键词：汽车镁合金轮毂市场政策、汽车镁合金轮毂产业链图谱、汽车镁合金轮毂市场规模、汽车镁合 金轮毂竞争格局、汽车镁合金轮毂发展趋势 ...

行 业 及 产 业 有色金属 2025 年 12 月 28 日 相关研究 证券分析师 郭中伟 A0230524120004 guozw@swsresearch.com 马焰明 A0230523090003 maym@swsresearch.com 陈松涛 A0230523090002 chenst@swsresearch.com 马昕晔 A0230511090002 maxy@swsresearch.com 联系人 郭中耀 A0230124070003 guozy@swsresearch.com 金属价格强势突破，看好春季行情 看好 ——金属&新材料行业周报 20251222-20251226 本期投资提示： 证 券 研 究 报 告 请务必仔细阅读正文之后的各项信息披露与声明 本研究报告仅通过邮件提供给 中庚基金 使用。1 行 业 研 究 / 行 业 点 评 - ⚫ 一周行情回顾：据 ifind，环比上周 1）上证指数上涨 1.88%，深证成指上涨 3.53%，沪深 300 上涨 1.95%，有色金属（申 万）指数上涨 6.43%，跑赢沪深 300 指数 4.48 个百分点。2）分子板块看，环比上周，贵金属上 ...

（文章来源：证券日报） 证券日报网讯 12月26日，宝武镁业发布公告称，公司2025年12月26日召开2025年第五次临时股东会， 审议并通过《关于增加2025年度日常关联交易预计的提案》。 ...