EF001 免責聲明 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 江西金力永磁科技股份有限公司 | | 股份代號 | 06680 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 05834 JLMAG B3008 | | 公告標題 | (更新)截至2025年6月30日止六個月之中期現金股利 | | 公告日期 | 2025年10月27日 | | 公告狀態 | 更新公告 | | 更新/撤回理由 | 更新派息金額及匯率 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 | | 財政年末 | 2025年12月31日 | | 宣派股息的報告期末 | 2025年6月30日 | | 宣派股息 | 每 10 股 1.8 RMB | | 股東批准日期 | 2025年10月27日 | | 香港過戶登記處相關信 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部 或 任 何 部 份 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 之 任 何 損 失 承 擔 任 何 責 任。 本 公 告 僅 供 參 考，並 非 收 購、購 買 或 認 購 證 券 的 邀 請 或 要 約，亦 非 邀 請 訂 立 協 議進行收購、購買或認購，且不可視為邀請提出收購、購買或認購證券的建議。 本 公 告 並 非 供 於 美 國（包 括 其 領 地 及 屬 土，美 國 任 何 一 個 州 及 哥 倫 比 亞 特 區） 直 接 或 間 接 分 發。本 公 告 及 其 所 載 資 料 並 不 構 成 或 組 成 在 美 國 購 買、認 購 或 出 售 證 券 的 建 議 或 要 約。本 公 告 所 述 的 證 券 並 無 亦 不 會 根 據1933年《美 國 證 券 法》 （經 修 訂）（「證券法」）或 美 國 任 何 州 或 其 他 司 法 權 區 的 證 券 法 登 記。本 公 告 ...

证券代码：300748 证券简称：金力永磁 公告编号：2025-073 一、会议召开情况 1、会议通知情况： 江西金力永磁科技股份有限公司（以下简称"公司"）于 2025 年 10 月 9 日在中国证监会指定的创业板上市公司信息披露媒体上发布了《关于召开 2025 年第二次临时股东会的通知》（公告编号：2025-066）。 2、会议召开时间： 江西金力永磁科技股份有限公司 2025 年第二次临时股东会决议公告 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。 特别提示： 本次股东会未出现否决议案的情形。 （1）现场会议时间：2025 年 10 月 27 日（星期一）下午 14:30 （2）网络投票时间：2025 年 10 月 27 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 2025 年 10 月 27 日上午 09:15—09:25，09:30—11:30 和下午 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2025年10月27日9:15—15:00的任意时间。 3、会议召开地点：江西省赣州市章贡区金东北路 88 号 ...

北京市朝阳区建国路 77 号华贸中心 3 号写字楼 34 层 邮编：100025 34/F, Tower 3, China Central Place, 77 Jianguo Road, Beijing 100025, China T: (86-10) 5809 1000 F: (86-10) 5809 1100 北京市竞天公诚律师事务所 关于江西金力永磁科技股份有限公司 2025 年第二次临时股东会的 法律意见书 北京市竞天公诚律师事务所 关于江西金力永磁科技股份有限公司 2025 年第二次临时股东会的 法律意见书 致：江西金力永磁科技股份有限公司 北京市竞天公诚律师事务所（以下简称"本所"）接受江西金力永磁科技股 份有限公司（以下简称"公司"）的委托，指派本所律师对公司 2025 年第二次临 时股东会（以下简称"本次股东会"）的合法性进行见证并出具《北京市竞天公 诚律师事务所关于江西金力永磁科技股份有限公司 2025 年第二次临时股东会的 法律意见书》（以下简称"本法律意见书"）。 本所及本所律师依据《中华人民共和国证券法》《律师事务所从事证券法律 业务管理办法》和《律师事务所证券法律业务执业规则（试行） ...

Group 1: Company Analysis - The report highlights the strong performance of Dongfang Caifu (300059.SZ), with a revenue of 11.589 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 58.7%, and a net profit attributable to shareholders of 9.097 billion yuan, up 50.6% year-on-year [9][10] - The company's return on equity (ROE) stands at 10.74%, an increase of 2.60 percentage points compared to the previous year [9] - The significant growth in the company's securities business, particularly in brokerage and margin financing, is attributed to the active trading environment in the capital market since Q4 2024 [9][10] Group 2: Industry Insights - The report discusses the recovery of the fund distribution business, noting that Dongfang Caifu's fund distribution scale is leading in the industry, with a total of 1.0572 trillion yuan in fund sales for the first half of 2025 [11] - The report emphasizes the resilience of the export market, with a surprising export growth rate of 6.6% in Q3 2025, indicating a robust recovery despite expectations of a decline [15] - The media industry is identified as having a favorable seasonal effect, particularly in November, suggesting a good opportunity for investment in this sector [33]

Investment Rating - The report maintains a "Buy" rating for the company [4][6]. Core Views - The company has shown significant improvement in profitability, with a year-on-year increase in net profit of 161.8% for the first three quarters of 2025, reaching 515 million yuan [1][2]. - The company is benefiting from a robust order backlog and is expected to maintain full production in Q4 2025, with inventory levels at a historically high level of 2.85 billion yuan [3]. - The establishment of new business divisions, such as the rubber soft magnetic division, is anticipated to create new growth points for the company [3]. Financial Performance - For the first three quarters of 2025, the company achieved revenue of 5.37 billion yuan, a 7.2% increase year-on-year, with a gross margin of 19.5% [1]. - The quarterly breakdown shows revenues of 1.75 billion yuan in Q1 and Q2, and 1.87 billion yuan in Q3, with Q3 gross margin significantly increasing to 25.3% from 17% in Q2 [1][2]. - The company’s net profit for Q3 was 210 million yuan, reflecting a 172.7% increase compared to the previous quarter [1][2]. Market Dynamics - The prices of rare earth metals have seen fluctuations, with praseodymium-neodymium prices rising by 25% to 660,000 yuan per ton in Q3 2025 [2]. - The company has successfully released new production capacity, with sales of electric vehicles and automotive parts increasing by 23%, and air conditioning product sales rising by 18% [2]. Future Outlook - The company is projected to achieve net profits of 720 million yuan, 910 million yuan, and 1.13 billion yuan for the years 2025, 2026, and 2027, respectively, with corresponding P/E ratios of 76, 60, and 48 [4][5]. - The report anticipates continued benefits from inventory gains, with profit margins expected to remain high [3].

Core Viewpoint - The company achieved a significant increase in net profit attributable to shareholders, with a 162% year-on-year growth in the first three quarters of 2025, reaching a net profit of 515 million yuan [1] - Revenue for the same period was 5.373 billion yuan, reflecting a year-on-year increase of 7.16% [1] Financial Performance - In Q3 2025, the company reported revenue of 1.866 billion yuan, a year-on-year increase of 12.91% and a quarter-on-quarter increase of 6.4% [1] - The net profit attributable to shareholders for Q3 was 211 million yuan, showing a year-on-year growth of 172.65% and a quarter-on-quarter growth of 46.5% [1] - The company’s gross margin for the first three quarters of 2025 was 19.49%, up 9.46 percentage points year-on-year, while the net margin was 9.59%, up 5.76 percentage points year-on-year [2] Research and Development - R&D expenses for the first three quarters of 2025 reached 316 million yuan, a year-on-year increase of 37.31%, with the R&D expense ratio rising from 3.09% in the same period of 2024 to 5.88% [2] - The company is focusing on new materials and fields to support its growth strategy [2] Business Growth - The core business showed robust growth, with sales in the new energy vehicle and auto parts sector reaching 2.615 billion yuan, corresponding to a 23.46% year-on-year increase in product sales [3] - The energy-efficient variable frequency air conditioning sector generated sales of 1.446 billion yuan, with product sales increasing by 18.48% year-on-year [3] - The company is expanding its production capacity, aiming to establish 40,000 tons of high-performance rare earth permanent magnet material capacity and humanoid robot magnetic component production lines by 2025 [3]

Investment Rating - Industry rating: Recommended [3] Core Insights - The report emphasizes the strategic revaluation of key metals, particularly focusing on rare earths and cobalt [24] - Nickel prices are expected to be supported due to tightened supply expectations following Indonesia's new regulation reducing the approval cycle for mining plans from three years to one year [26][27] - Cobalt prices have continued to rise, with expectations of increasing supply tightness further driving prices up [30][33] - Antimony supply is expected to remain tight, providing a bottom support for antimony prices [34] - Lithium carbonate prices are projected to remain strong due to ongoing demand and inventory depletion [16] - China's dominance in rare earth supply is reinforced by stricter export controls, which are expected to support rare earth prices [18] - Tin supply remains uncertain due to ongoing challenges in overseas supply, which is expected to support tin prices [19] - Tungsten prices are supported by a tightening supply situation, with production rates slowing down [20] - Uranium supply tightness is anticipated to continue, supporting uranium prices [21] Summary by Sections Nickel and Cobalt Industry Update - Indonesia's new regulation on mining approvals is expected to tighten future ore supply, supporting nickel prices [26] - As of October 24, LME nickel price was $15,085 per ton, up 1.04% from October 17 [26] - Cobalt prices have risen significantly, with electrolytic cobalt reaching 408,500 CNY per ton, a 6.94% increase [30] Antimony Industry Update - Domestic antimony prices have decreased, but long-term supply tightness is expected to support prices [34] - China's antimony production is projected to dominate global supply, accounting for 60% of the total [34] Lithium Industry Update - Lithium carbonate prices have increased, with a market average of 73,700 CNY per ton as of October 24 [16] - Demand from the battery sector continues to drive price support [16] Rare Earth Industry Update - China's strict export controls on rare earths are expected to tighten supply and support prices [18] - The report highlights the importance of China's role in the global rare earth supply chain [18] Tin Industry Update - Tin prices are supported by supply uncertainties, particularly from Myanmar and Indonesia [19] - As of October 24, LME tin price was $35,925 per ton, up 2.42% from October 17 [19] Tungsten Industry Update - The tungsten supply situation is tightening, with production rates slowing down [20] - Prices for tungsten concentrate have increased, reflecting supply constraints [20] Uranium Industry Update - The report indicates a continued tight supply situation for uranium, supporting price stability [21] - Recent production guidance reductions from major suppliers are expected to impact future supply [21]

Investment Rating - The investment rating for the company is "Outperform the Market" [6][24]. Core Insights - The company achieved a significant year-on-year increase in net profit of 162% for the first three quarters of 2025, with revenue reaching 5.373 billion yuan, up 7.16% [1][8]. - The gross margin improved to 19.49%, an increase of 9.46 percentage points year-on-year, while the net margin rose to 9.59%, up 5.76 percentage points [2][9]. - The core business showed robust growth, particularly in the new energy vehicle sector, which generated 2.615 billion yuan in sales, reflecting a 23.46% increase in product sales [3][16]. - The company is expanding its production capacity, aiming for 40,000 tons of high-performance rare earth permanent magnet materials by 2025 and 60,000 tons by 2027 [3][16]. Summary by Sections Financial Performance - For the first three quarters of 2025, the company reported revenue of 5.373 billion yuan, a 7.16% increase year-on-year, and a net profit of 515 million yuan, up 161.81% [1][8]. - In Q3 alone, revenue was 1.866 billion yuan, a 12.91% increase year-on-year, with net profit reaching 211 million yuan, up 172.65% [1][8]. Profitability and R&D - The company’s gross margin for the first three quarters of 2025 was 19.49%, with a notable gross margin exceeding 25% in Q3 [2][9]. - R&D expenses reached 316 million yuan, a 37.31% increase year-on-year, with the R&D expense ratio rising from 3.09% to 5.88% [2][9]. Business Growth and Expansion - The core business maintained strong growth, with the new energy vehicle sector achieving sales of 2.615 billion yuan and the energy-efficient variable frequency air conditioning sector generating 1.446 billion yuan [3][16]. - The company has initiated a rubber soft magnetic division to enhance its product offerings and is progressing with capacity expansion plans [3][16]. Future Projections - Revenue projections for 2025-2027 are 10.449 billion yuan, 11.795 billion yuan, and 13.608 billion yuan, with expected growth rates of 54.49%, 12.88%, and 15.37% respectively [4][24]. - The forecasted net profit for the same period is 747 million yuan, 979 million yuan, and 1.274 billion yuan, with growth rates of 156.53%, 31.17%, and 30.17% [4][24].

Core Viewpoint - The recent institutional research indicates a strong interest in various companies, with New Qianglian leading in the number of institutions conducting research, reflecting positive market sentiment and growth potential in the industry [2]. Group 1: Company Performance - New Qianglian achieved a revenue of 3.618 billion yuan in the first three quarters, representing a year-on-year growth of 84.1%, and a net profit of 582 million yuan, up 846.59% year-on-year [2]. - Multi-Fluor reported a revenue of 2.4 billion yuan in Q3 2025, a year-on-year increase of 5.18%, with a net profit of 26.72 million yuan, and a cumulative net profit of 78.05 million yuan for the first three quarters, marking a significant year-on-year growth of 407.74% [3]. - Jinli Permanent Magnet recorded a revenue of 5.373 billion yuan in the first three quarters, up 7.16% year-on-year, and a net profit of 515 million yuan, reflecting a year-on-year increase of 161.81% [3]. Group 2: Market Trends and Insights - New Qianglian is focusing on optimizing existing capacity through equipment adjustments and production line upgrades, aiming to enhance delivery capabilities and support steady business expansion [2]. - Multi-Fluor noted that the recent surge in lithium hexafluorophosphate prices is driven by explosive demand from the new energy and energy storage sectors, with a tight supply situation expected to persist until 2026, indicating potential for further price increases [3]. - The diamond composite products industry may benefit from recent export controls on superhard materials, as domestic restrictions on diamond micro-powder could lead to changes in procurement cycles and pricing for foreign manufacturers, positively impacting domestic producers [5]. Group 3: Company Strategies and Developments - New Qianglian is developing its shield machine bearing project and has established strong partnerships with industry clients, focusing on expanding its market presence in infrastructure projects [2]. - Multi-Fluor is actively monitoring downstream demand changes and leveraging its technological expertise to expand into related fields [3]. - Jinli Permanent Magnet has established a research and development center in Hong Kong for embodied robot motor rotors, indicating a strategic move towards innovation and market expansion [3].