江西金力永磁科技股份有限公司 关于召开公司 2023 年第一次临时股东大会、2023 年第二次 A 股 类别股东会议及 2023 年第二次 H 股类别股东会议的公告 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。 江西金力永磁科技股份有限公司（以下简称"公司"、"本公司"）第三届 董事会第二十一次会议审议通过《关于提议召开公司 2023 年第一次临时股东大 会、2023 年第二次 A 股类别股东会议及 2023 年第二次 H 股类别股东会议的议 案》，公司拟召开 2023 年第一次临时股东大会、2023 年第二次 A 股类别股东会 议及 2023 年第二次 H 股类别股东会议，并授权公司董事长负责公告和通函披露 前的核定、确定股东大会召开的相关具体事宜。现将股东大会的有关事项通知如 下： 证券代码：300748 证券简称：金力永磁 公告编号：2023-068 （1）现场会议时间：2023 年 11 月 23 日（星期四）下午 14:30 （2）网络投票时间：2023 年 11 月 23 日 其中，通过深圳证券交易所交易系统进行网络投票的时间为 2023 年 1 ...

证券代码：300748 证券简称：金力永磁 江西金力永磁科技股份有限公司 投资者关系活动记录表 编号：2023-010 √特定对象调研 □分析师会议 投资者 □媒体采访 □业绩说明会 关系活 □新闻发布会 □路演活动 动类别 □现场参观 □其他 （请文字说明其他活动内容） 民生证券 张弋清 长江证券投资部 童松 参与单 长江证券投资部 王伟 位/人 德邦证券 谷瑜 员名称 上海和谐汇一资产管理有限公司 王成强 上海泉汐投资管理有限公司 吴越 时间 2023年11月 01日 地点 江西赣州，金力永磁现场调研 上市公 司接待 副总经理/董事会秘书：鹿明 人员姓 投资者关系总监/战略规划总监：王聪敏 名 1、问：请问公司目前产能及未来产能规划？ 答：目前公司的高性能钕铁硼永磁材料毛坯年产能达23,000吨，规划到2025年建成 ...

证券代码：300748 证券简称：金力永磁 公告编号：2023-064 江西金力永磁科技股份有限公司 关于公司 2020 年限制性股票激励计划授予的第一类限制性股票 第三个解除限售期解除限售股份上市流通的提示性公告 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。 特别提示: 1、本次符合解除限售条件的激励对象人数：2020 年限制性股票激励计划授 予的第一类限制性股票第三个解除限售期符合解除限售条件的激励对象人数为 201 人； 2、本次 2020 年限制性股票激励计划授予的第一类限制性股票第三个解除限 售期解除限售数量 1,841,663 股，占目前公司总股本的 0.1372%，本次实际可上 市流通股份数量为 720,383 股。 3、本次解除限售的限制性股票限售起始日期为 2020 年 9 月 22 日（授予登 记完成日），第三个解除限售期为自授予登记完成之日起 36 个月后的首个交易日 至授予登记完成之日起 48 个月内的最后一个交易日止，上市流通日为 2023 年 11 月 7 日。 江西金力永磁科技股份有限公司（以下简称"公司"或"金力永磁"）于 2 ...

证券代码：300748 证券简称：金力永磁 公告编号：2023-061 江西金力永磁科技股份有限公司 第三届董事会第二十三次会议决议公告 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。 江西金力永磁科技股份有限公司（以下简称"公司"）于 2023 年 10 月 25 日以电话、邮件、书面方式通知各位董事，公司第三届董事会第二十三次会议于 2023 年 10 月 30 日（星期一）以通讯表决方式召开。会议由董事长蔡报贵先生 召集并主持，会议应出席董事 9 名，实际出席董事 9 名。会议的召集召开和表决 程序符合《中华人民共和国公司法》及《公司章程》的有关规定。会议经表决， 审议通过如下议案： 1.02、回购股份符合相关条件 一、逐项审议通过《关于<回购公司股份方案>的议案》 1.01、回购股份的目的及用途 表决结果：赞成票 9 票；反对票 0 票；弃权票 0 票。 表决结果：赞成票 9 票；反对票 0 票；弃权票 0 票。 1.03、回购股份的方式、价格区间 表决结果：赞成票 9 票；反对票 0 票；弃权票 0 票。 1.04、回购股份的种类、用途、数量、占公司 ...

江西金力永磁科技股份有限公司 3、公司本次回购股份资金总额不低于人民币15,000万元（含）、不超过人 民币20,000万元（含），回购价格不超过人民币24.82元/股（含），资金来源为 自有资金。根据公司的经营、财务、研发、资金状况，本次回购金额不会对公司 的经营、财务、研发、盈利能力、债务履行能力、未来发展产生重大影响。 4、公司本次回购股份不会导致公司控制权发生变化，不会改变公司的上市 公司地位，股权分布情况仍符合上市的条件； 5、本次回购股份以集中竞价交易方式实施，回购价格公允合理，符合相关 规定，不存在损害公司及全体股东尤其是中小股东利益的情形。 独立董事关于第三届董事会第二十三次会议相关事项 的独立意见 根据《中华人民共和国公司法》、《上市公司独立董事规则》、《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 2 号——创业板上市公司规范运作》及《公司章程》等有关规定，我们作为江西金 力永磁科技股份有限公司（以下简称"公司"）独立董事，本着审慎的原则，基 于独立判断的立场，对公司第三届董事会第二十三次会议相关事项发表独立意见 如下： 一、《关于<回购公司股份方案>的议案 ...

江西金力永磁科技股份有限公司 关于回购公司股份方案公告 证券代码：300748 证券简称：金力永磁 公告编号：2023-063 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。 重要内容提示： （1）回购股份的种类：公司已发行的人民币普通股（A 股）股票； （2）回购股份的用途：本次回购股份将用于员工持股计划或者股权激励， 若公司未能在股份回购完成后的 36 个月内用于上述用途，未使用部分将予以注 销； （3）回购股份的价格：不超过 24.82 元/股（含）（不超过董事会审议通过 本次回购股份决议前 30 个交易日公司股票交易均价的 150%）； （4）回购股份的实施期限：自公司董事会审议通过本回购股份方案之日起 不超过 12 个月； （5）回购股份的资金总额及股份数量：公司拟以自有资金不低于人民币 15,000 万元（含），不超过人民币 20,000 万元（含）进行回购。以拟回购价格 上限和回购资金总额下限测算，预计回购股份数量为 6,043,513 股，约占公司目 前总股本的 0.45%；以拟回购价格上限和回购资金总额上限测算，预计回购股份 数量为 8,05 ...

证券代码：300748 证券简称：金力永磁 江西金力永磁科技股份有限公司 投资者关系活动记录表 编号：2023-010 □特定对象调研 □分析师会议 投资者 □媒体采访 √业绩说明会 关系活 □新闻发布会 □路演活动 动类别 □现场参观 □其他 （请文字说明其他活动内容） 参与单 位/人 合计144人（详见附表） 员名称 时间 2023年10 月26日 地点 网络或电话 财务总监：谢辉 上市公 董事会秘书/副总经理：鹿明 司接待 投资者关系总监/战略规划总监：王聪敏 人员姓 名 证券事务代表：赖训珑 H股投资者关系总监：刘煦阳 1、请问2023年Q3业绩的主要增长点是什么？ 答：2023 年前三季度，公司高性能稀土永磁材料成品总产量 10,965 吨，较上年同期 投资者 增长15.18%，其中使用晶界渗透技术生产9,364吨高性能稀土永磁材料产品，较上年同期 ...

[Report Overview](index=1&type=section&id=Report%20Overview) This section presents the unaudited status of the quarterly report and the assurance of its truthfulness and completeness by the board and management [Important Notice](index=1&type=section&id=Important%20Notice) The board, supervisory board, and senior management guarantee the report's truthfulness, accuracy, and completeness, with financial officers confirming financial information integrity; this quarterly report is unaudited - The board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, free from false records, misleading statements, or major omissions, and assume individual and joint legal responsibility[2](index=2&type=chunk) - The company's principal, chief financial officer, and head of the accounting department declare that the financial information in the quarterly report is true, accurate, and complete[2](index=2&type=chunk) - The third-quarter report is unaudited[2](index=2&type=chunk)[25](index=25&type=chunk) [Key Financial Data](index=2&type=section&id=%E4%B8%80%E3%80%81%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%95%B0%E6%8D%AE) This section presents key accounting data and financial indicators for the quarter and year-to-date, including non-recurring items and explanations for significant changes in financial statement line items [Key Accounting Data and Financial Indicators](index=2&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%20%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) Q3 2023 saw a 15.15% revenue decline and 27.47% net profit decrease, while year-to-date revenue fell 3.13% and net profit dropped 28.03%, with operating cash flow surging 297.77% | Indicator | Current Reporting Period (Q3 2023) | YoY Change (Adjusted) | Year-to-Date (YTD 2023) | YoY Change (Adjusted) | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue (RMB) | 1,620,367,043.75 | -15.15% | 5,050,397,446.30 | -3.13% | | Net Profit Attributable to Shareholders (RMB) | 161,663,200.56 | -27.47% | 494,265,422.45 | -28.03% | | Net Profit Attributable to Shareholders Excluding Non-Recurring Gains and Losses (RMB) | 150,329,333.96 | -28.10% | 438,033,309.57 | -34.67% | | Net Cash Flow from Operating Activities (RMB) | - | - | 817,005,984.24 | 297.77% | | Basic Earnings Per Share (RMB/share) | 0.1204 | -27.73% | 0.3683 | -29.42% | | Diluted Earnings Per Share (RMB/share) | 0.1204 | -27.73% | 0.3683 | -29.42% | | Weighted Average Return on Net Assets | 2.31% | Decreased by 1.02 percentage points | 7.09% | Decreased by 4.11 percentage points | | Total Assets (RMB) | 11,396,576,497.07 | 1.57% (compared to end of previous year) | 11,396,576,497.07 | 1.57% (compared to end of previous year) | | Owners' Equity Attributable to Shareholders (RMB) | 7,077,907,416.44 | 4.32% (compared to end of previous year) | 7,077,907,416.44 | 4.32% (compared to end of previous year) | - From the end of the reporting period to the disclosure date of the quarterly report, the company's share capital did not change due to new share issuance, additional issuance, rights issue, equity incentive exercise, or repurchases, nor did it affect the amount of owners' equity[4](index=4&type=chunk) [Non-Recurring Gains and Losses Items and Amounts](index=3&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%20%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%92%8C%E9%87%91%E9%A2%9D) Non-recurring gains and losses totaled RMB 11.33 million for the quarter and RMB 56.23 million year-to-date, mainly from government grants and fair value changes in financial assets | Item | Amount for Current Period (RMB) | Amount Year-to-Date (RMB) | | :--- | :--- | :--- | | Gains/Losses on Disposal of Non-Current Assets | 848,636.09 | -311,743.98 | | Government Grants Included in Current Profit/Loss | 5,086,898.93 | 60,823,435.06 | | Gains/Losses from Entrusted Investments or Asset Management | -4,928,662.07 | -4,928,662.07 | | Gains/Losses from Fair Value Changes of Financial Assets/Liabilities Held for Trading, and Investment Income from Disposal of Financial Assets/Liabilities Held for Trading and Available-for-Sale Financial Assets, excluding effective hedge accounting related to normal business operations | 13,180,360.90 | 10,442,592.50 | | Other Non-Operating Income and Expenses Apart from the Above | -1,577,661.43 | -1,713,005.03 | | Less: Income Tax Impact | 1,275,705.82 | 8,080,503.60 | | **Total** | **11,333,866.60** | **56,232,112.88** | - The company has not classified any non-recurring gains and losses items listed in 'Interpretive Announcement No. 1 on Information Disclosure by Companies Issuing Securities to the Public – Non-Recurring Gains and Losses' as recurring gains and losses[7](index=7&type=chunk) [Changes and Reasons for Key Accounting Data and Financial Indicators](index=3&type=section&id=%EF%BC%88%E4%B8%89%EF%BC%89%20%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87%E5%8F%91%E7%94%9F%E5%8F%98%E5%8A%A8%E7%9A%84%E6%83%85%E5%86%B5%E5%8F%8A%E5%8E%9F%E5%9B%A0) Notes receivable decreased by 74.11%, while accounts receivable financing and prepayments increased; short-term borrowings and current non-current liabilities significantly reduced, and financial expenses dropped 73.58% due to exchange gains, with fair value change gains up 678.33% from forward exchange contracts Balance Sheet Item Changes | Balance Sheet Item | Period-End Balance (RMB) | Period-Beginning Balance (RMB) | Change Rate | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Notes Receivable | 142,055,199.17 | 548,735,528.96 | -74.11% | Primarily due to a decrease in notes held to maturity at the end of the reporting period | | Accounts Receivable Financing | 225,177,440.28 | 97,088,156.37 | 131.93% | Primarily due to an increase in reclassified notes held for financing purposes at the end of the reporting period | | Prepayments | 254,797,884.07 | 36,721,034.81 | 593.87% | Primarily due to an increase in prepaid material costs at the end of the reporting period | | Other Receivables | 206,349,081.76 | 10,182,239.39 | 1926.56% | Primarily due to subsidiary payments for land deposits from the beginning of the year to the end of the reporting period | | Construction in Progress | 561,942,533.18 | 394,763,067.34 | 42.35% | Primarily due to subsidiary project investments from the beginning of the year to the end of the reporting period | | Deferred Income Tax Assets | 2,694,749.87 | 1,738,314.70 | 55.02% | Primarily due to an increase in impairment provisions at the end of the reporting period | | Short-term Borrowings | 458,462,626.58 | 945,495,381.04 | -51.51% | Primarily due to the company repaying some matured loans from the beginning of the year to the end of the reporting period | | Financial Liabilities Held for Trading | 0.00 | 3,219,800.00 | -100.00% | Primarily due to reclassification adjustment from floating gains on forward exchange contracts at the end of the reporting period | | Contract Liabilities | 165,418,769.16 | 23,895,384.93 | 592.26% | Primarily due to increased customer prepayments from the beginning of the year to the end of the reporting period | | Employee Benefits Payable | 33,152,475.62 | 70,165,733.81 | -52.75% | Primarily due to a decrease in accrued wages from the beginning of the year to the end of the reporting period | | Taxes Payable | 19,841,224.14 | 9,223,910.53 | 115.11% | Primarily due to an increase in taxes payable at the end of the reporting period | | Non-Current Liabilities Due Within One Year | 2,392,108.12 | 304,675,370.52 | -99.21% | Primarily due to repayment of some matured loans from the beginning of the year to the end of the reporting period | | Other Current Liabilities | 22,993,833.35 | 2,713,158.29 | 747.49% | Primarily due to an increase in unearned output VAT at the end of the reporting period | | Long-term Borrowings | 500,000,000.00 | 200,000,000.00 | 150.00% | Primarily due to an increase in two-year working capital loans from the beginning of the year to the end of the reporting period | | Share Capital | 1,342,540,451.00 | 837,956,198.00 | 60.22% | Primarily due to a capital reserve capitalization of 6 shares for every 10 shares to all shareholders from the beginning of the year to the end of the reporting period | | Other Comprehensive Income | 1,750,767.71 | 5,274,306.50 | -66.81% | Primarily due to a decrease in foreign currency financial statement translation differences from the beginning of the year to the end of the reporting period | | Minority Interests | 5,102,321.88 | 2,924,455.32 | 74.47% | Primarily due to profits from non-wholly owned subsidiaries from the beginning of the year to the end of the reporting period | Profit Statement Item Changes | Profit Statement Item | Amount for Current Period (RMB) | Amount for Prior Period (RMB) | Change Rate | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Financial Expenses | -42,062,411.54 | -159,235,531.04 | -73.58% | Primarily due to a significant increase in exchange gains/losses in the prior year from the appreciation of USD and HKD (approximately RMB 135 million realized from H-share offering proceeds settlement) | | Other Income | 60,823,435.06 | 31,969,563.41 | 90.25% | Primarily due to an increase in government grants received from the beginning of the year to the end of the reporting period | | Investment Income | -4,617,108.54 | -10,628,128.41 | 56.56% | Primarily due to larger exchange losses from forward exchange contracts in the prior year | | Gains from Fair Value Changes | 10,442,592.50 | -1,805,660.00 | 678.33% | Primarily due to floating gains on forward exchange contracts at the end of the reporting period | | Credit Impairment Losses | 726,037.68 | -14,820,537.08 | -104.90% | Primarily due to a decrease in impairment provisions at the end of the reporting period | | Asset Impairment Losses | -21,530,601.44 | -6,896,747.21 | 212.18% | Primarily due to an increase in inventory write-down provisions at the end of the reporting period | | Gains from Asset Disposal | -311,743.98 | 401,723.20 | -177.60% | Primarily due to losses from disposal of fixed assets from the beginning of the year to the end of the reporting period | | Non-Operating Expenses | 1,789,771.75 | 746,301.99 | 139.82% | Primarily due to an increase in fixed asset disposal losses from the beginning of the year to the end of the reporting period | | Income Tax Expense | 38,374,257.56 | 55,191,156.04 | -30.47% | Primarily due to a decrease in profit from the beginning of the year to the end of the reporting period | [Shareholder Information](index=4&type=section&id=%E4%BA%8C%E3%80%81%E8%82%A1%E4%B8%9C%E4%BF%A1%E6%81%AF) This section provides an overview of the company's common shareholders, including the total number, top ten shareholders' holdings, and changes in restricted shares [Total Common Shareholders, Number of Preferred Shareholders with Restored Voting Rights, and Top Ten Shareholders' Holdings](index=4&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%20%E6%99%AE%E9%80%9A%E8%82%A1%E8%82%A1%E4%B8%9C%E6%80%BB%E6%95%B0%E5%92%8C%E8%A1%A8%E5%86%B3%E6%9D%83%E6%81%A2%E5%A4%8D%E7%9A%84%E4%BC%98%E5%85%88%E8%82%A1%E8%82%A1%E4%B8%9C%E6%95%B0%E9%87%8F%E5%8F%8A%E5%89%8D%E5%8D%81%E5%90%8D%E8%82%A1%E4%B8%9C%E6%8C%81%E8%82%A1%E6%83%85%E5%86%B5%E8%A1%A8) As of the reporting period end, the company had 61,665 common shareholders, with Jiangxi Ruide Venture Capital Co., Ltd. holding the largest stake at 28.83% and acting in concert with actual controllers - Total common shareholders at the end of the reporting period were **61,665** households[10](index=10&type=chunk) Top Ten Shareholders' Holdings | Shareholder Name | Shareholder Nature | Shareholding Percentage | Number of Shares Held (shares) | Share Status | Quantity (shares) | | :--- | :--- | :--- | :--- | :--- | :--- | | Jiangxi Ruide Venture Capital Co., Ltd. | Domestic Non-State-Owned Legal Person | 28.83% | 387,100,160 | Pledged | 16,000,000 | | HKSCC NOMINEES LIMITED | Overseas Legal Person | 14.95% | 200,745,600 | - | - | | Ganzhou Industrial Investment Holding Group Co., Ltd. | State-Owned Legal Person | 5.15% | 69,120,000 | - | - | | Goldwind Investment Holding Co., Ltd. | Domestic Non-State-Owned Legal Person | 4.99% | 67,036,352 | - | - | | Shaanxi Coal Industry Co., Ltd. | State-Owned Legal Person | 3.99% | 53,631,950 | - | - | | Ganzhou Xinsheng Investment Management Center (Limited Partnership) | Domestic Non-State-Owned Legal Person | 1.75% | 23,536,435 | - | - | | Hong Kong Securities Clearing Company Limited | Overseas Legal Person | 1.54% | 20,724,693 | - | - | | Tianan Life Insurance Co., Ltd. - Dividend Product | Other | 0.77% | 10,367,500 | - | - | | Huatai-PineBridge Fund Management Co., Ltd. - Social Security Fund 17022 Portfolio | Other | 0.67% | 8,997,280 | - | - | | Ganzhou Geshuo Investment Management Center (Limited Partnership) | Domestic Non-State-Owned Legal Person | 0.64% | 8,603,174 | Pledged | 3,504,000 | - Jiangxi Ruide Venture Capital Co., Ltd., the company's actual controllers Cai Baogui, Hu Zhibin, Li Xinnong, and Ganzhou Xinsheng Investment Management Center (Limited Partnership), Ganzhou Geshuo Investment Management Center (Limited Partnership) are concerted parties[11](index=11&type=chunk) [Changes in Restricted Shares](index=5&type=section&id=%EF%BC%88%E4%B8%89%EF%BC%89%20%E9%99%90%E5%94%AE%E8%82%A1%E4%BB%BD%E5%8F%98%E5%8A%A8%E6%83%85%E5%86%B5) Restricted shares of executives and equity incentive recipients changed, with some released due to unlocking conditions or resignation, and others increased due to capital reserve capitalization Restricted Shares Changes | Shareholder Name | Restricted Shares at Period Beginning (shares) | Restricted Shares Released in Current Period (shares) | Restricted Shares Increased in Current Period (shares) | Restricted Shares at Period End (shares) | Reason for Restriction | | :--- | :--- | :--- | :--- | :--- | :--- | | Cai Baogui | 480,000 | 0 | 288,000 | 768,000 | Executive restriction, equity incentive restricted shares, restricted shares from capital reserve capitalization | | Hu Zhibin | 720,000 | 0 | 432,000 | 1,152,000 | Executive restriction, equity incentive restricted shares, restricted shares from capital reserve capitalization | | Mao Huayun | 1,440,600 | 360,150 | 832,590 | 1,913,040 | Executive restriction, equity incentive restricted shares, restricted shares from capital reserve capitalization | | Lv Feng | 968,160 | 174,450 | 793,026 | 1,586,736 | Executive restriction, equity incentive restricted shares, restricted shares from capital reserve capitalization | | Huang Changyuan | 630,600 | 0 | 378,360 | 1,008,960 | Executive restriction, equity incentive restricted shares, restricted shares from capital reserve capitalization | | Lu Ming | 626,160 | 0 | 560,016 | 1,186,176 | Executive restriction, equity incentive restricted shares, restricted shares from capital reserve capitalization | | Yu Han | 723,000 | 0 | 618,120 | 1,341,120 | Executive restriction, equity incentive restricted shares, restricted shares from capital reserve capitalization | | Xie Hui | 623,760 | 107,175 | 448,191 | 964,776 | Executive restriction, equity incentive restricted shares, restricted shares from capital reserve capitalization | | Yi Pengpeng | 153,600 | 19,200 | 176,640 | 311,040 | Executive restriction, equity incentive restricted shares, restricted shares from capital reserve capitalization | | Other Equity Incentive Recipients | 523,488 | 14,016 | 305,683 | 815,155 | Equity incentive restricted shares, restricted shares from capital reserve capitalization | | **Total** | **6,889,368** | **674,991** | **4,832,626** | **11,047,003** | -- | - Reasons for restriction include executive restrictions, equity incentive restricted shares, and restricted shares from capital reserve capitalization; proposed release dates are typically 25% market circulation annually during tenure or upon meeting equity incentive unlocking conditions[12](index=12&type=chunk) [Other Significant Matters](index=5&type=section&id=%E4%B8%89%E3%80%81%E5%85%B6%E4%BB%96%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9) In Q1-Q3 2023, the rare earth permanent magnet industry faced price volatility and competition; the company responded by optimizing procurement, R&D, and formulations, leading to a 15.18% increase in high-performance material output and 26.19% revenue growth in new energy vehicles - In the first three quarters of 2023, the rare earth permanent magnet industry was affected by fluctuations in rare earth raw material prices (average price of praseodymium-neodymium metal decreased by approximately **39%** year-over-year) and intensified industry competition[13](index=13&type=chunk)[14](index=14&type=chunk) - Company management promptly adopted a more cautious rare earth raw material procurement and inventory strategy, continuously increasing R&D investment and optimizing formulations to achieve cost reduction and efficiency improvement[14](index=14&type=chunk) Key Performance Indicators (Q1-Q3 2023) | Indicator | Amount/Percentage | YoY Change | Remarks | | :--- | :--- | :--- | :--- | | Operating Revenue | RMB 5.05 billion | Decreased by 3.13% | | | R&D Expense Investment | RMB 256 million | Increased by 15.99% | Proportion of operating revenue increased from 4.24% to 5.08% | | Net Profit Attributable to Shareholders | RMB 494 million | Decreased by 28.03% | | | Net Cash Flow from Operating Activities | RMB 817 million | Significant increase | | | Total Output of High-Performance Rare Earth Permanent Magnet Materials | 10,965 tons | Increased by 15.18% | | | Output of Products Using Grain Boundary Diffusion Technology | 9,364 tons | Increased by 36.20% | Accounts for 85.40% of total output, an increase of 13.19 percentage points | | Revenue from New Energy Vehicles and Automotive Components | RMB 2.41 billion | Increased by 26.19% | | | Revenue from Energy-Saving Inverter Air Conditioners | RMB 1.058 billion | - | | | Revenue from Wind Power Generation | RMB 444 million | - | | | Revenue from Robotics and Industrial Servo Motors | RMB 165 million | - | | - The company received an **A-grade (Excellent)** assessment result for the fourth consecutive year in the Shenzhen Stock Exchange ChiNext Board listed companies' 2022 annual information disclosure assessment, indicating continuous improvement and optimization of corporate governance[14](index=14&type=chunk) [Quarterly Financial Statements](index=6&type=section&id=%E5%9B%9B%E3%80%81%E5%AD%A3%E5%BA%A6%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) This section presents the consolidated balance sheet, income statement, and cash flow statement for the period, along with explanations of accounting policy changes and the unaudited status of the report [Consolidated Balance Sheet](index=6&type=section&id=1%E3%80%81%E5%90%88%E5%B9%B6%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8) As of September 30, 2023, total assets reached RMB 11.397 billion, up 1.57%; notes receivable decreased significantly, while accounts receivable financing and prepayments increased, and long-term borrowings surged 150% Consolidated Balance Sheet (as of September 30, 2023) | Item | September 30, 2023 (RMB) | January 1, 2023 (RMB) | Change Rate | | :--- | :--- | :--- | :--- | | **Total Assets** | **11,396,576,497.07** | **11,220,455,751.51** | **1.57%** | | Cash and Cash Equivalents | 3,961,648,385.36 | 4,130,247,580.42 | -4.08% | | Notes Receivable | 142,055,199.17 | 548,735,528.96 | -74.11% | | Accounts Receivable Financing | 225,177,440.28 | 97,088,156.37 | 131.93% | | Prepayments | 254,797,884.07 | 36,721,034.81 | 593.87% | | Other Receivables | 206,349,081.76 | 10,182,239.39 | 1926.56% | | Construction in Progress | 561,942,533.18 | 394,763,067.34 | 42.35% | | **Total Liabilities** | **4,313,566,758.75** | **4,432,680,970.12** | **-2.70%** | | Short-term Borrowings | 458,462,626.58 | 945,495,381.04 | -51.51% | | Contract Liabilities | 165,418,769.16 | 23,895,384.93 | 592.26% | | Long-term Borrowings | 500,000,000.00 | 200,000,000.00 | 150.00% | | **Total Owners' Equity** | **7,083,009,738.32** | **6,787,774,781.39** | **4.35%** | | Share Capital | 1,342,540,451.00 | 837,956,198.00 | 60.22% | | Capital Reserve | 3,992,128,401.05 | 4,474,713,262.18 | -10.80% | [Consolidated Income Statement Year-to-Date](index=8&type=section&id=2%E3%80%81%E5%90%88%E5%B9%B6%E5%B9%B4%E5%88%9D%E5%88%B0%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E5%88%A9%E6%B6%A6%E8%A1%A8) Year-to-date, total operating revenue decreased by 3.13%, operating profit by 27.79%, and net profit by 27.76%; financial expenses significantly reduced by 73.58%, while other income and fair value change gains notably increased Consolidated Income Statement (Year-to-Date) | Item | Amount for Current Period (RMB) | Amount for Prior Period (RMB) | YoY Change | | :--- | :--- | :--- | :--- | | **I. Total Operating Revenue** | **5,050,397,446.30** | **5,213,439,457.10** | **-3.13%** | | Operating Cost | 4,212,581,133.37 | 4,244,820,838.99 | -0.76% | | Selling Expenses | 21,233,426.19 | 26,124,387.26 | -18.72% | | Administrative Expenses | 92,647,753.10 | 116,644,584.51 | -20.57% | | R&D Expenses | 256,427,987.21 | 221,078,951.52 | 15.99% | | Financial Expenses | -42,062,411.54 | -159,235,531.04 | -73.58% | | Other Income | 60,823,435.06 | 31,969,563.41 | 90.25% | | Investment Income | -4,617,108.54 | -10,628,128.41 | 56.56% | | Gains from Fair Value Changes | 10,442,592.50 | -1,805,660.00 | 678.33% | | Credit Impairment Losses | 726,037.68 | -14,820,537.08 | -104.90% | | Asset Impairment Losses | -21,530,601.44 | -6,896,747.21 | 212.18% | | **III. Operating Profit** | **537,073,231.22** | **743,752,661.10** | **-27.79%** | | **V. Net Profit** | **496,985,968.63** | **687,862,534.06** | **-27.76%** | | Net Profit Attributable to Parent Company Shareholders | 494,265,422.45 | 686,732,677.01 | -28.03% | | Basic Earnings Per Share | 0.3683 | 0.5218 | -29.42% | [Consolidated Cash Flow Statement Year-to-Date](index=10&type=section&id=3%E3%80%81%E5%90%88%E5%B9%B6%E5%B9%B4%E5%88%9D%E5%88%B0%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E7%8E%B0%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8) Year-to-date, net operating cash flow surged 297.77% to RMB 817 million due to increased sales; investing cash outflow decreased, but financing cash inflow dropped significantly, turning net financing cash flow negative Consolidated Cash Flow Statement (Year-to-Date) | Item | Amount for Current Period (RMB) | Amount for Prior Period (RMB) | YoY Change | | :--- | :--- | :--- | :--- | | Cash Received from Sales of Goods and Services | 5,624,297,171.82 | 4,081,748,934.70 | 37.78% | | Cash Received Relating to Other Operating Activities | 204,230,803.84 | 143,347,901.28 | 42.48% | | Cash Paid for Goods and Services | 4,363,629,214.17 | 4,191,157,448.03 | 4.11% | | Cash Paid to and on Behalf of Employees | 435,569,355.58 | 359,340,713.93 | 21.21% | | **Net Cash Flow from Operating Activities** | **817,005,984.24** | **-413,113,053.92** | **297.77%** | | Cash Paid for Acquisition of Fixed Assets, Intangible Assets, and Other Long-term Assets | 366,815,585.16 | 427,408,748.09 | -14.29% | | Cash Paid for Investments | 32,493,041.42 | 294,596,850.89 | -88.99% | | **Net Cash Flow from Investing Activities** | **-397,732,235.40** | **-632,588,927.81** | **37.13% (Outflow decreased)** | | Cash Received from Investments | 14,889,710.13 | 3,349,064,462.13 | -99.56% | | Cash Received from Borrowings | 724,045,196.27 | 912,179,308.31 | -20.62% | | Cash Paid for Repayment of Debts | 1,332,678,391.83 | 1,149,532,001.20 | 15.93% | | **Net Cash Flow from Financing Activities** | **-632,439,062.02** | **2,793,933,430.54** | **-122.60% (Turned from positive to negative)** | | Net Increase in Cash and Cash Equivalents | -213,930,280.44 | 1,910,158,223.80 | -111.20% | [Adjustments to Financial Statement Items at the Beginning of the First Year of Adopting New Accounting Standards from 2023](index=11&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%202023%20%E5%B9%B4%E8%B5%B7%E9%A6%96%E6%AC%A1%E6%89%A7%E8%A1%8C%E6%96%B0%E4%BC%9A%E8%AE%A1%E5%87%86%E5%88%99%E8%B0%83%E6%95%B4%E9%A6%96%E6%AC%A1%E6%89%A7%E8%A1%8C%E5%BD%93%E5%B9%B4%E5%B9%B4%E5%88%9D%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8%E7%9B%B8%E5%85%B3%E9%A1%B9%E7%9B%AE%E6%83%85%E5%86%B5) Effective January 1, 2023, the company adopted 'Interpretation No. 16 of Accounting Standards' for deferred income tax on single transactions, which had no net impact on the consolidated balance sheet after offsetting - Effective January 1, 2023, the company adopted the Ministry of Finance's 'Interpretation No. 16 of Accounting Standards for Business Enterprises' regarding the accounting treatment that deferred income tax related to assets and liabilities arising from a single transaction is not exempt from initial recognition[22](index=22&type=chunk) - This accounting policy change led to the separate recognition of deferred income tax assets and liabilities for lease liabilities and right-of-use assets involved in single transactions at the beginning of the first year of adoption; however, the net amount after offsetting deferred tax assets and liabilities was equal to the amount originally recognized on a net basis, thus having no impact on consolidated balance sheet items[22](index=22&type=chunk)[23](index=23&type=chunk) Deferred Income Tax Impact | Item | Before Policy Change (RMB) | Impact of Change (RMB) | After Policy Change (RMB) | | :--- | :--- | :--- | :--- | | Deferred Income Tax Assets Before Offsetting | 25,930,062.84 | 1,185,295.64 | 27,115,358.48 | | Deferred Income Tax Liabilities Before Offsetting | 55,807,343.20 | 1,185,295.64 | 56,992,638.84 | | Offset Amount | 24,191,748.14 | 1,185,295.64 | 25,377,043.78 | | Deferred Income Tax Assets After Offsetting | 1,738,314.70 | - | 1,738,314.70 | | Deferred Income Tax Liabilities After Offsetting | 31,615,595.06 | - | 31,615,595.06 | [Audit Report](index=12&type=section&id=%EF%BC%88%E4%B8%89%EF%BC%89%20%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A) The company's 2023 third-quarter report is unaudited - The company's third-quarter report is unaudited[25](index=25&type=chunk)

Financial Performance - The company's operating revenue for Q3 2023 was CNY 1,620,367,043.75, a decrease of 15.15% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2023 was CNY 161,663,200.56, down 27.47% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was CNY 150,329,333.96, reflecting a decline of 28.10% compared to the previous year[3]. - Basic earnings per share for Q3 2023 were CNY 0.1204, down 27.73% year-on-year[3]. - In the first three quarters of 2023, the company achieved operating revenue of 5.05 billion RMB, a decrease of 3.13% compared to the same period last year[12]. - Net profit attributable to shareholders was 494 million RMB, down 28.03% year-on-year[12]. - The company's operating profit for the current period is 537,073,231.22, a decrease of 27.8% compared to 743,752,661.10 in the previous period[26]. - Net profit attributable to shareholders of the parent company is 494,265,422.45, down from 686,732,677.01, reflecting a decline of approximately 28.1%[26]. - The company reported a total comprehensive income attributable to owners of the parent of 492,091,667.74, down from 688,163,080.42, a decrease of approximately 28.5%[27]. Cash Flow - The net cash flow from operating activities for the period was CNY 817,005,984.24, an increase of 297.77% compared to the same period last year[3]. - The company generated a net cash flow from operating activities of 817 million RMB, significantly increasing compared to the same period last year[12]. - The total cash inflow from operating activities reached 5,880,020,869.11, compared to 4,287,760,135.90 in the previous period, indicating a growth of 37.2%[29]. - The net cash flow from operating activities is 817,005,984.24, a significant improvement from a negative cash flow of -413,113,053.92 in the previous period[29]. - The net cash flow from investment activities was -397,732,235.40, an improvement from -632,588,927.81 in the previous period[33]. - The net cash flow from financing activities was negative at -632,439,062.02 RMB, compared to a positive 2,793,933,430.54 RMB in the previous period[34]. - The net increase in cash and cash equivalents was -213,930,280.44 RMB, compared to an increase of 1,910,158,223.80 RMB in the previous period[34]. - The ending balance of cash and cash equivalents was 3,186,454,175.49 RMB, slightly up from 3,165,625,131.40 RMB in the prior period[34]. Assets and Liabilities - Total assets attributable to shareholders at the end of the reporting period were CNY 11,396,576,497.07, an increase of 1.57% from the end of the previous year[3]. - Owner's equity at the end of the reporting period was CNY 7,077,907,416.44, up 4.32% compared to the previous year[3]. - The company's total liabilities decreased to approximately 4.31 billion yuan from 4.43 billion yuan at the beginning of the year[18]. - The total equity attributable to shareholders increased to approximately 7.08 billion yuan from 6.79 billion yuan at the beginning of the year[19]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 61,665[9]. - The largest shareholder, Jiangxi Ruide Venture Investment, holds 28.83% of shares, totaling 387,100,160 shares[9]. - The top ten unrestricted shareholders hold a total of 1,000,000,000 shares, with Jiangxi Ruide Venture Capital Co., Ltd. being the largest shareholder with 387,100,160 shares[10]. Research and Development - Research and development expenses amounted to 256 million RMB, an increase of 15.99% year-on-year, with R&D expenses accounting for 5.08% of operating revenue, up from 4.24% in the same period last year[12]. - The company has increased its R&D investment to optimize formulations and achieve cost reduction and efficiency improvement[12]. - Research and development expenses increased to 256,427,987.21, up 16.0% from 221,078,951.52 in the previous period[24]. Operational Performance - The company's production capacity utilization rate reached approximately 85% in Q3 2023, with a total output of high-performance rare earth permanent magnet materials at 10,965 tons, an increase of 15.18% year-over-year[13]. - The output using crystal boundary infiltration technology was 9,364 tons, representing a year-over-year growth of 36.20% and accounting for 85.40% of the total product output, an increase of 13.19 percentage points compared to the same period last year[13]. - Revenue from the new energy vehicle and automotive parts sector reached 2.41 billion yuan, a year-over-year increase of 26.19%[13]. - Revenue from the energy-saving variable frequency air conditioning sector was 1.058 billion yuan, while revenue from the wind power generation sector was 444 million yuan, and revenue from the robotics and industrial servo motor sector was 165 million yuan[13]. - The company is focusing on optimizing product structure and expanding its market presence in the new energy sector[13]. Financial Management - Financial expenses decreased by 73.58% from CNY -159,235,531.04 to CNY -42,062,411.54 primarily due to significant foreign exchange gains from the previous year[8]. - Other income increased by 90.25% from CNY 31,969,563.41 to CNY 60,823,435.06 mainly due to realized foreign exchange gains[8]. - The financial income from interest increased to 39,890,730.21, compared to 28,733,932.71 in the previous period, marking an increase of 38.5%[24]. - The company experienced a decrease in sales expenses to 21,233,426.19, down from 26,124,387.26, a reduction of 18.5%[24]. Accounting and Compliance - The company has adopted the new accounting policy effective January 1, 2023, as per the Ministry of Finance's announcement[35]. - The third quarter report was not audited[37].