从资金流向上来看，当日环保设备板块主力资金净流入973.65万元，游资资金净流入82.3万元，散户资金 净流出1055.95万元。环保设备板块个股资金流向见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 920145 | 恒合股份 | 24.56 | -2.35% | 1.88万 | 4613.72万 | | 300210 | 麻远股份 | 9.25 | -2.01% | 10.41万 | 9614.01万 | | 301030 | 仕浄科技 | 14.60 | -1.75% | 4.42万 | 6469.07万 | | 000890 | 法尔胜 | 4.85 | -0.41% | 16.01万 | 7647.29万 | | 688671 | 碧兴物联 | 22.83 | -0.35% | 5411.24 | 1237.23万 | | 000967 | 盈峰环境 | 6.97 | -0.29% | 19.91万 | 1.39亿 | | 002658 | 雪迪龙 | 8.57 | 0.00 ...

Group 1 - The rare earth index experienced a decline of 2.95% during intraday trading, with major constituent stocks also showing a downward trend [1] - Institutional and large-cap funds exhibited a net outflow during this period [1] - Key constituent stocks such as Baotou Steel, Northern Rare Earth, Huahong Technology, China Rare Earth, and Shenghe Resources saw significant declines, with respective drops of 4.64%, 4.20%, 3.79%, 2.83%, and 2.71% [1]

稀土回收：原矿冶炼收缩+稀土价格上行，公司成长空间大2025 年稀土供给趋紧、需求稳步增长，行业 集中度提升，配额管理强化，资源进一步向央企集团集中。受地缘政治及贸易环境影响，进口维持低位 波动，缅甸矿不稳抬升价格中枢，稀土回收成为供给端的重要补充。公司层面，自2020 年以来，公司 稀土氧化物产量由2900 吨提升至2024 年的5156 吨，销售量由2886 吨增至5834 吨，年均复合增速超 15%。公司于2021 年分步收购江西万弘，补强稀土废料回收环节。目前公司稀土氧化物年产能约1.2 万 吨，随着废料回收体系持续完善及下游需求扩张，公司有望稳定放量。 稀土永磁：产能逐步释放，高性能磁材占比提升2024–2025 年稀土永磁行业景气延续，新能源汽车、风 电及工业机器人需求保持增长。2020-2024 年全球钕铁硼需求增速超10%，预计2025年达到约35 万吨， 下游结构优化，核心应用领域占比超过六成。供给端，当前公司在浙江宁波与山东梁山形成约1.5 万吨/ 年的稀土永磁材料产能，产品主要应用于新能源汽车、电机及工业自动化等领域。 稀土废料回收国内领军企业，迈向永磁材料一体化布局公司是国内稀土回收领 ...

Core Viewpoint - The announcement from Huahong Technology indicates that shareholder Zhou Shijie has completed a share reduction plan, selling a total of 12,750,510 shares, which represents 2.05% of the total share capital after excluding shares in the repurchase account [1] Summary by Relevant Sections - **Shareholder Reduction Details** - Zhou Shijie, who serves as a director and vice president of the company, reduced his holdings from 53,532,167 shares (8.62%) to 40,781,657 shares (6.57%) [1] - The reduction occurred between August 28, 2025, and October 30, 2025, through centralized bidding and block trading methods [1] - **Source of Reduced Shares** - The shares sold were sourced from those acquired during the 2015 issuance of shares for asset purchases and shares acquired in 2024 [1] - **Impact on Company Control** - The share reduction will not lead to a change in the company's control and is not expected to have a significant impact on the company's operations [1]

| 股东名称 | 减持方式 | 减持期间 | 减持均价 （元/股） | 减持股数 （股） | 减持比例 （%） | | --- | --- | --- | --- | --- | --- | | 周世杰 | 大宗交易 | 2025 年 8 月 28 日至 2025 年 9 月 29 日 | 15.32 | 7,000,000 | 1.13% | | | 集中竞价 | 2025 年 10 月 9 日至 2025 年 10 月 30 日 | 16.92 | 5,750,510 | 0.93% | | | | 合 计 | | 12,750,510 | 2.05% | 证券代码：002645 证券简称：华宏科技 公告编号：2025-099 江苏华宏科技股份有限公司 关于持股 5%以上股东减持计划实施完成的公告 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。 江苏华宏科技股份有限公司（以下简称"公司"）于 2025 年 8 月 6 日披露了 《关于持股 5%以上股东、董事、高级管理人员减持股份预披露公告》，股东周世 杰先生（任公司董事、副总裁）计划自 2025 年 8 ...

Group 1 - Major shareholder and Vice President Zhou Shijie reduced holdings from August 28, 2025, to October 30, 2025, through block trading and centralized bidding [1] - A total of 12.7505 million shares were sold, accounting for 2.05% of the company's total share capital [1] - After the reduction, Zhou Shijie holds 40.7817 million shares, representing 6.57% of the total shares [1]

Core Viewpoint - The rare earth index experienced a significant adjustment on October 31, with notable declines in several component stocks [1] Company Performance - China Rare Earth saw a decline of 4.57% [1] - Guangsheng Nonferrous dropped by 4.37% [1] - Northern Rare Earth decreased by 4.13% [1] - Huahong Technology fell by 3.88% [1] - Shenghe Resources declined by 3.20% [1]

Core Viewpoint - The article presents the net profit growth of various companies for the first three quarters, highlighting significant year-on-year increases in profits for several firms in the industry [1] Group 1: Company Performance - Fangzheng Electric achieved a net profit of 153.13 billion yuan, with a year-on-year growth of 0.1376% [1] - Jingrui Electric Materials reported a net profit of 19.20 billion yuan, reflecting a year-on-year increase of 1.2837% [1] - Tianbao Infrastructure recorded a net profit of 7.16 billion yuan, showing a year-on-year growth of 0.6461% [1] - Huahong Technology posted a net profit of 7.11 billion yuan, with a year-on-year increase of 1.9652% [1] - Bojie Co., Ltd. reported a net profit of 6.76 billion yuan, reflecting a year-on-year growth of 1.0573% [1] - Haixiang New Materials achieved a net profit of 5.44 billion yuan, with a year-on-year increase of 0.9038% [1] - Guotou Zhonglu reported a net profit of 3.18 billion yuan, showing a year-on-year growth of 0.2854% [1] - Xianda Co., Ltd. posted a net profit of 3.06 billion yuan, reflecting a year-on-year increase of 1.9589% [1] - Chengtian Weiye recorded a net profit of 2.93 billion yuan, with a year-on-year growth of 0.1242% [1] - Shenzhen Housing A reported a net profit of 2.79 billion yuan, showing a year-on-year increase of 1.4512% [1]

Core Viewpoint - Huahong Technology is a leading enterprise in the recycling resource sector, with strong integration of technology and business, focusing on recycling processing equipment and comprehensive utilization of waste resources [1] Group 1: Business Performance - In Q3 2025, Huahong Technology achieved revenue of 5.461 billion, ranking third among 28 companies in the industry, significantly above the industry average of 1.64 billion and median of 686 million [2] - The main business composition includes comprehensive utilization of rare earth resources at 1.566 billion, accounting for 49.56%, and sales of magnetic materials at 751 million, accounting for 23.77% [2] - The net profit for the same period was 200 million, ranking fifth in the industry, with the industry leader's net profit being 785 million [2] Group 2: Financial Ratios - As of Q3 2025, Huahong Technology's debt-to-asset ratio was 38.19%, slightly down from 38.33% year-on-year, and lower than the industry average of 43.61%, indicating good solvency [3] - The gross profit margin for the same period was 11.07%, significantly up from 6.12% year-on-year, but still below the industry average of 25.59% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 85.57% to 64,400, while the average number of circulating A-shares held per household decreased by 41.27% to 8,684.26 [5] - The top ten circulating shareholders include the newly entered Jiashi Zhongzheng Rare Earth Industry ETF, holding 4.047 million shares [5] Group 4: Management Compensation - The chairman, Hu Pinxian, did not have a salary change, while the general manager, Zhu Dayong, saw an increase in salary from 800,000 in 2023 to 1 million in 2024 [4] Group 5: Business Highlights - The company has shown significant improvement in operating performance in H1 2025, with growth in both rare earth resource utilization and magnetic material sales [5] - The annual production capacity for recycled rare earth oxides exceeds 12,000 tons, leading the industry, and the production capacity for rare earth permanent magnetic materials exceeds 15,000 tons [5] - The first phase of the 10,000-ton high-performance rare earth permanent magnet material project in Baotou is under accelerated construction [6]

Core Insights - A total of 1,200 companies released their Q3 2025 financial reports, with 596 reporting a year-on-year increase in net profit and 604 showing a decline [1] - Companies that experienced simultaneous growth in both net profit and revenue numbered 447, while 387 companies saw declines in both metrics [1] - Notably, *ST Weier reported the highest growth in net profit, with an increase of 15,294.42% [1] Financial Performance Summary - **Top Performers**: - *ST Weier: EPS of 1.3600, net profit of 19,534.45 million, net profit growth of 15,294.42%, revenue of 58,788.62 million, revenue growth of 6.44% [1] - Nanji Guang: EPS of 0.4947, net profit of 11,013.91 million, net profit growth of 7,228.28%, revenue of 61,533.00 million, revenue growth of 158.18% [1] - Huahong Technology: EPS of 0.3397, net profit of 19,652.38 million, net profit growth of 7,110.70%, revenue of 546,096.11 million, revenue growth of 34.94% [1] - **Decliners**: - Ningbo Zhongbai: EPS of 0.2050, net profit of 4,601.16 million, net profit decline of 46.03%, revenue of 37,858.51 million [2] - *ST Weier: Despite the massive increase in net profit, the company still faced challenges in revenue growth compared to others [1] - **Notable Increases**: - Companies with net profit growth exceeding 100% included *ST Weier, Nanji Guang, and others, indicating strong performance in specific sectors [1][2] - **Overall Trends**: - The overall performance of the companies shows a mixed trend, with a slight majority experiencing revenue growth, while net profit growth was more polarized [1]