六届董事会第九次会议决议公告 一、审议通过《关于使用闲置自有资金购买理财产品的议案》 会议以记名投票方式进行表决，经与会董事表决，审议通过了以下决议： 为了合理利用闲置自有资金，增加公司收益，公司拟申请 19 亿元自有资金 额度用于购买理财产品，在上述额度内，资金可以循环滚动使用。同时，董事会 授权公司管理层具体实施上述事宜，授权期限自生效之日起一年内有效。 本议案以 9 票同意，0 票反对，0 票弃权的表决结果获得通过。 证券代码：300224 证券简称：正海磁材 公告编号：2026-010 烟台正海磁性材料股份有限公司 六届董事会第九次会议决议公告 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。 烟台正海磁性材料股份有限公司（以下简称"公司"）六届董事会第九次会 议于 2026 年 3 月 20 日以通讯方式召开，会议通知已于 2026 年 3 月 18 日以邮件 方式送达全体董事。本次董事会会议应出席董事 9 人，实际出席会议董事 8 人， 董事王庆凯、李志强、许月莉、高波、史丙强、倪霆、张志红、李伟金均以通讯 方式参加，独立董事金福海因工作原因未能亲自 ...

证券代码：300224 证券简称：正海磁材 公告编号：2026-011 烟台正海磁性材料股份有限公司 关于使用闲置自有资金购买理财产品的公告 一、投资情况概述 1、投资目的 关于使用闲置自有资金购买理财产品的公告 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。 为合理利用闲置自有资金，增加收益，根据《深圳证券交易所创业板股票上 市规则》《深圳证券交易所上市公司自律监管指引第 7 号——交易与关联交易》 等法律法规，烟台正海磁性材料股份有限公司（以下简称"公司"）于 2026 年 3 月 20 日召开六届董事会第九次会议，审议通过《关于使用闲置自有资金购买 理财产品的议案》，公司申请 19 亿元自有资金额度用于购买理财产品，在上述额 度内，资金可以循环滚动使用。同时，董事会授权公司管理层具体实施上述事宜， 授权期限自生效之日起一年内有效。现将相关事项公告如下： 为提高资金使用效率，在不影响公司正常经营的情况下，合理利用闲置自有 资金，购买安全性高、流动性好的理财产品，增加资金收益，为公司和股东谋取 较好的投资回报。 2、投资金额 使用闲置自有资金总额度为不超过 ...

Investment Rating - The industry rating is "Recommended" [3] Core Insights - The report highlights that tungsten prices continue to reach historical highs, with expectations for a strong overall market for key metals [1][23] - Nickel prices are supported by tightening supply expectations due to Indonesia's reduced production quotas for 2026, which are set between 260 million to 270 million tons, significantly lower than the previous year's quota of 42 million wet tons [1][29] - Cobalt supply is expected to tighten further due to slow export progress from the Democratic Republic of Congo, with a forecasted increase in cobalt prices [2][5] - Antimony prices are anticipated to remain strong due to supply constraints, with a significant drop in production reported [6][18] - Lithium supply disruptions are expected to continue, with potential for lithium prices to reach new highs amid increasing demand [8][19] - The rare earth sector is facing supply shortages, particularly for praseodymium and neodymium, which may support prices [9][20] - Tin prices are supported by ongoing supply concerns from Myanmar and the Democratic Republic of Congo, with a notable decrease in tin imports [11][21] - Uranium supply is expected to remain tight, supporting high prices due to geopolitical factors and production delays [14][24] Summary by Sections Nickel and Cobalt Industry Insights - Indonesia's nickel production quota for 2026 is set to significantly reduce, impacting supply and supporting prices [1][29] - Cobalt exports from the Democratic Republic of Congo are hindered by complex local processes and logistical challenges, leading to tighter supply [2][5] Antimony Industry Insights - Antimony production has seen a sharp decline, which is expected to support prices in the near term [6][18] Lithium Industry Insights - Lithium prices are under pressure due to supply disruptions, but demand remains strong, potentially leading to price increases [8][19] Rare Earth Industry Insights - Supply shortages for praseodymium and neodymium are anticipated, which may bolster prices in the market [9][20] Tin Industry Insights - Ongoing supply issues from Myanmar and the Democratic Republic of Congo are expected to support tin prices [11][21] Uranium Industry Insights - The uranium market is facing supply constraints, which are likely to keep prices elevated due to geopolitical tensions and production delays [14][24]

关于使用部分暂时闲置募集资金进行现金管理的进展公告 证券代码：300224 证券简称：正海磁材 公告编号：2026-009 烟台正海磁性材料股份有限公司 关于使用部分暂时闲置募集资金进行现金管理的进展公告 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。 烟台正海磁性材料股份有限公司（以下简称"公司"）于 2025 年 12 月 15 日 召开的六届董事会第七次会议审议通过了《关于使用部分暂时闲置募集资金进行 现金管理的议案》，同意在确保不影响募集资金投资项目款项支付及募集资金安 全的情况下，使用额度不超过人民币 2 亿元的部分暂时闲置募集资金进行现金管 理，用于购买安全性高、流动性好的投资产品（包括但不限于结构性存款、定期 存款、大额存单等），使用期限自公司董事会审议通过之日起 12 个月内有效，在 上述额度和期限范围内，资金可以滚动使用。详细内容见公司于 2025 年 12 月 15 日在巨潮资讯网（http://www.cninfo.com.cn/）上披露的《关于使用部分暂 时闲置募集资金进行现金管理的公告》。 近日，公司开立了募集资金现金管理专用结算账户 ...

Investment Rating - The industry rating is "Recommended" [3] Core Views - The report highlights that the supply disruptions in Indonesia are raising expectations for tighter market conditions, which may support nickel prices. As of February 27, the LME nickel spot price was $17,685 per ton, up 3.09% from February 20, with total LME nickel inventory at 287,976 tons, an increase of 0.09% [1] - The cobalt raw material supply remains tight, with expectations for continued price increases. As of February 27, electrolytic cobalt was priced at 440,000 yuan per ton, up 2.92% from February 13 [2] - The report indicates that the overall supply of antimony is slightly contracting, which may support antimony prices. The average price of domestic antimony ingots was 167,500 yuan per ton as of February 26, up 1.82% from February 12 [6] - The report notes that the supply of lithium carbonate is expected to remain tight, with prices rising to 176,000 yuan per ton as of February 27, an increase of 17.82% from February 13 [8] - The report emphasizes that the supply of praseodymium and neodymium is likely to remain short, which may support prices in the rare earth magnetic materials sector. As of February 27, the average price of praseodymium oxide was 955 yuan per kilogram, up 6.70% from February 14 [9] - The report discusses the ongoing tensions in northern Myanmar, which are raising concerns about the supply chain for tin, with the LME tin spot price reaching $57,425 per ton, up 26.21% from February 20 [11] - The report indicates that the supply shortage of tungsten is worsening, with white tungsten concentrate priced at 796,000 yuan per ton as of February 28, up 14.86% from February 13 [13] - The report highlights that expectations for tight uranium supply are continuing to develop, with the global uranium market price at $69.71 per pound as of January, remaining high despite some fluctuations [14] Summary by Sections Nickel and Cobalt Industry - Nickel prices are expected to find support due to supply constraints from Indonesia, with a significant reduction in approved mining quotas [1][16] - Cobalt supply is projected to remain structurally tight, with potential for further price increases benefiting cobalt resource companies [2][17] Antimony Industry - Antimony supply is tightening, with domestic prices expected to rise as export controls and supply chain issues persist [6][19] Lithium Industry - Lithium carbonate prices are expected to remain strong due to supply constraints and increased demand from battery manufacturers [8][20] Rare Earth Industry - The supply of praseodymium and neodymium is expected to remain tight, with price support anticipated due to regulatory changes and supply chain disruptions [9][21] Tin Industry - Ongoing geopolitical tensions in Myanmar and supply chain uncertainties are expected to support tin prices [11][22] Tungsten Industry - The tungsten market is facing supply shortages, with prices expected to rise further due to production constraints and regulatory measures [13][23] Uranium Industry - The uranium market is experiencing tight supply conditions, with prices remaining elevated due to geopolitical factors and production delays [14][24]

Group 1: Market Performance - Rare metal stocks in the A-share market have collectively strengthened, with tungsten and rare earth sectors leading the gains. Companies such as Dongfang Zirconium, Xianglu Tungsten, and Zhangyuan Tungsten have reached the daily limit increase of 10% [1] - Xiamen Tungsten is nearing its daily limit, while other companies like Zhongtung High-tech and Yunnan Zinc Industry have increased by over 8%. Jinmoly Co. has risen by over 7%, and several others have seen increases of over 5% [1] - Notably, companies including Xiamen Tungsten, Zhongtung High-tech, Jiangtung Equipment, Xianglu Tungsten, Zhangyuan Tungsten, Northern Rare Earth, and Dongfang Tantalum have all reached historical highs [1] Group 2: Price Trends - After the Spring Festival, raw material prices have continued to rise. As of February 25, tungsten powder has surpassed 1800 RMB/kg, marking a 469.6% increase compared to last year and a 66.7% increase since the beginning of this year. Ammonium Paratungstate (APT) has reached a new high of 1.1 million RMB/ton, up over 400% from last year [1] - Zhangyuan Tungsten announced on February 26 that due to the continuous rise in tungsten raw material prices, the company will adjust the prices of its welding machine clamp blades starting February 26, 2026, to ensure sustainable development [1] Group 3: Industry Shortages - In the rare earth sector, there is a significant shortage of rare earth elements, particularly yttrium and scandium, which are crucial for defense technology, aerospace, and semiconductor industries. Some suppliers have even refused customer orders due to this shortage [2]

Group 1 - The company, Zhenghai Magnetic Materials, stated that its products are primarily customized non-standard products, with pricing based on a cost-plus method while considering the difficulty of the manufacturing process [2] - The company actively communicates and negotiates with customers to establish a linked pricing mechanism, ensuring stable development [2]

Group 1 - The core viewpoint of the article highlights that Zhenghai Magnetic Materials specializes in the research, production, and sales of high-performance neodymium-iron-boron permanent magnetic materials, which are widely applicable in high-end sectors such as new energy, energy saving, and intelligence [2] - The company has established a robust commercial ecosystem, primarily focusing on the automotive market, especially in energy-saving and new energy vehicles, while maintaining a balanced development across other major application areas [2]

Core Viewpoint - The company specializes in the research, production, and sales of high-performance neodymium-iron-boron permanent magnetic materials, which are widely applicable in the fields of new energy, energy saving, and intelligent applications [1] Group 1: Company Overview - The company has established a strong commercial ecosystem, primarily focusing on the automotive market, especially in energy-saving and new energy vehicles [1] - Other major application areas are also developing in a balanced manner, contributing to a healthy growth pattern [1]

Core Viewpoint - The rare earth permanent magnet sector has seen a significant surge, with multiple companies reaching their historical highs, driven by rising prices of rare earth products [1] Group 1: Market Performance - Shenghe Resources has hit the daily limit and continues to set historical highs, while other companies like Northern Rare Earth, China Rare Earth Holdings, and Baotou Steel have also reached their daily limits [1] - The prices of various rare earth products have increased post-holiday, with notable rises in prices for praseodymium-neodymium oxide, metallic praseodymium-neodymium, metallic neodymium, dysprosium oxide, and terbium oxide [1] Group 2: Price Changes - As of February 24, the average prices for rare earth products are as follows: - Praseodymium-neodymium oxide: 882,000 CNY/ton, up by 41,600 CNY/ton - Metallic praseodymium-neodymium: 1,036,700 CNY/ton, up by 31,700 CNY/ton - Metallic neodymium: 1,120,000 CNY/ton, up by 80,000 CNY/ton - Dysprosium oxide: 1,622,900 CNY/ton, up by 170,000 CNY/ton - Terbium oxide: 6,438,000 CNY/ton, up by 118,000 CNY/ton [1]