江 西 金 力 永 磁 科 技 股 份 有 限 公 司 （ 在 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ） （股 份 代 碼：06680） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條 而 做 出。 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。 JL MAG RARE-EARTH CO., LTD. 茲載列江西金力永磁科技股份有限公司於深圳證券交易所網站(www.szse.cn)刊 登 的 公 告 如 下，僅 供 參 閱。 承董事會命 江西金力永磁科技股份有限公司 董事長 蔡報貴 江 西，2025年8月27日 於 本 公 告 日 期，董 事 會 成 員 包 括 執 行 董 事 蔡 報 貴 先 生 及 呂 鋒 先 生；非 執 行 董 事 胡 志 濱 先 生、李 忻 農 ...

Group 1 - The company's stock experienced an abnormal trading fluctuation, with a cumulative increase of 31.54% in August 2025, which is classified as an abnormal trading situation according to Shenzhen Stock Exchange regulations [1] - The board of directors confirmed that there are no undisclosed significant matters or ongoing negotiations that require disclosure under relevant regulations [2][3] - The company disclosed its 2025 semi-annual report and summary on August 20, 2025, and confirmed that there are no corrections needed for these reports as of the announcement date [1][2] Group 2 - The company has announced a plan to repurchase its A-shares and has disclosed the upper limit of the repurchase price, with no corrections needed for this announcement as well [2] - The board of directors emphasized that there are no undisclosed matters that could significantly impact the trading price of the company's stock or its derivatives [2] - The company will execute the share repurchase based on market conditions and will fulfill its information disclosure obligations in accordance with legal regulations [2]

Group 1 - On the institutional trading board, 32 stocks were listed, with 15 experiencing net buying and 17 net selling [1] - The top three stocks with the highest institutional buying were Chengfei Integration (186 million), Hongjing Technology (116 million), and GoerTek (100 million) [1] Group 2 - Changxin Bochuang saw a net buying of 426 million from seven institutions, with its self-developed AOC optical transceiver chips holding a leading global market share [3] - The company has completed multi-platform verification for its 800G multimode AOC, which is expected to lead to bulk supply for important clients [3] - The AEC product line has achieved multi-client sampling and small batch delivery, with a deep collaboration with Marvell to launch a 1.6T AEC product, potentially generating new revenue streams [3] Group 3 - The State Council released opinions on implementing "Artificial Intelligence +" actions, aiming for over 70% penetration of new intelligent terminals and intelligent agents by 2027, and over 90% by 2030 [4] - Northeast Securities highlighted that edge AI is driving the evolution of terminal devices from "single-function" to "scene intelligence," establishing a core technological foundation for the Internet of Everything era [4] - Edge AI enhances the real-time capability, privacy, and autonomy of intelligent terminal devices, transforming them from traditional data collection tools into intelligent agents capable of perception, decision-making, and execution [4]

Core Viewpoint - Jinli Permanent Magnet (300748) announced on August 27 that its recent business operations are normal and there have been no significant changes in the internal and external operating environment [1] Group 1: Company Operations - The company confirmed that there are no undisclosed significant matters related to the company, its controlling shareholders, or actual controllers [1] - The company emphasized that it is not in the planning stage for any other significant matters [1] Group 2: Stock Performance - Due to a substantial cumulative increase in the company's stock price recently, the company reminded investors to adhere to value investment principles [1] - The company urged investors to have a correct understanding of its business development situation and to be fully aware of the risks associated with secondary market trading [1]

Core Viewpoint - The stock of Jinli Permanent Magnet experienced a significant price fluctuation, with a cumulative increase of 31.54% over three consecutive trading days, prompting an announcement regarding abnormal trading behavior [1] Company Summary - Jinli Permanent Magnet announced that its recent operational status is normal, and there have been no significant changes in the internal and external operating environment [1] - The company, its controlling shareholders, and actual controllers confirmed that there are no undisclosed significant matters related to the company, nor are there any other major matters in the planning stage [1] - The company stated that it is not in violation of fair information disclosure regulations [1]

Market Overview - The market experienced a significant drop, with the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index closing down by 1.76%, 1.43%, and 0.69% respectively, with over 4,700 stocks declining and only around 600 stocks rising [4] - Despite the indices showing a modest decline, the actual market impact was severe, indicating a split market where many stocks were falling while a few were driving index gains [5][6] Sector Performance - The computing power concept stocks saw a strong morning surge, with companies like Runjian Co., Meige Intelligent, and Dawang Technology hitting the daily limit, but faced significant sell-offs later [3] - The rare earth sector continued to perform well, with companies like Beikong Technology and Northern Rare Earth reaching their daily limit [3] - The CPO sector also experienced a notable rise, with Cambridge Technology achieving three consecutive limit-ups [3] Notable Stocks - Cambrian's stock price rose over 10% to exceed 1,460 yuan, surpassing Kweichow Moutai, which fell to 1,448 yuan, leading to discussions about Cambrian becoming the "new stock king" [11] - Alibaba-related computing power stocks initially surged but ultimately closed down by 1.81%, despite positive speculation about Alibaba's upcoming earnings report [14] - Zhouming Technology announced a partnership with Saudi Arabia's Al-Nassr Club, which initially boosted its stock price but ultimately closed down by 2% [16] Policy Impact - The Ministry of Commerce announced plans to introduce policies to promote service exports, which led to a temporary surge in Cross-Border Communication's stock price, although the connection to cross-border e-commerce remains tenuous [18]

Market Overview - On August 27, the metal new materials sector rose by 0.99% compared to the previous trading day, with Dadi Xiong leading the gains [1] - The Shanghai Composite Index closed at 3800.35, down 1.76%, while the Shenzhen Component Index closed at 12295.07, down 1.43% [1] Top Performers - Dadi Xiong (688077) closed at 40.25, up 10.36% with a trading volume of 193,800 shares [1] - Jinli Yongci (300748) closed at 39.88, up 6.63% with a trading volume of 1.81 million shares [1] - Longci Technology (300835) closed at 66.20, up 4.95% with a trading volume of 156,400 shares [1] - Zhenghai Magnetic Materials (300224) closed at 19.28, up 4.27% with a trading volume of 1.39 million shares [1] Underperformers - Tianli Composite (873576) closed at 32.01, down 5.80% with a trading volume of 32,900 shares [2] - Tunan Co., Ltd. (300855) closed at 29.84, down 4.94% with a trading volume of 91,900 shares [2] - Shenzhen New Star (603978) closed at 16.83, down 4.59% with a trading volume of 83,800 shares [2] Capital Flow - The metal new materials sector experienced a net outflow of 405 million yuan from institutional investors, while retail investors saw a net inflow of 352 million yuan [2] - The sector's overall capital flow indicates a mixed sentiment among different investor types [2] Individual Stock Capital Flow - Zhenghai Magnetic Materials (300224) had a net inflow of 1.07 billion yuan from institutional investors, while retail investors contributed a net inflow of 12.14 million yuan [3] - Galaxy Magnetic (300127) saw a net inflow of 88.78 million yuan from institutional investors but a net outflow of 103 million yuan from retail investors [3] - Platinum Science and Technology (300811) had a net inflow of 59.07 million yuan from institutional investors, with retail investors contributing a net inflow of 1.10 million yuan [3]

Market Overview - The A-share market experienced a significant drop in the afternoon, with the Shanghai Composite Index falling by 1.76%, the Shenzhen Component Index by 1.43%, and the ChiNext Index by 0.69% [1][2] - The total trading volume in the Shanghai and Shenzhen markets reached 3.17 trillion yuan, an increase of 486.5 billion yuan compared to the previous trading day [1] Sector Performance - CPO and computing hardware stocks maintained strong performance, with companies like New Yisheng (300502) reaching new historical highs [1][3] - Semiconductor stocks showed volatility, with companies like Changchuan Technology (300604) hitting the daily limit [3] - The rare earth permanent magnet sector was active, with North Mining Technology (600980) also reaching the daily limit [1][4] - Real estate stocks underwent adjustments, with Shen Shen Fang A hitting the daily limit down [1] Key Drivers - Analysts attribute the market's adjustment to increasing external risks, particularly related to long-term bonds, and signs of overheating in certain sectors [2] - The State Council's issuance of guidelines for the "Artificial Intelligence +" initiative aims for deep integration of AI with six key areas by 2027, which is expected to boost the AI industry [3] Earnings Reports - Several companies in the AI sector reported strong half-year earnings, with Cambrian Technology achieving a net profit of 1.038 billion yuan, a significant turnaround from losses [3] - Shenghong Technology (300476) reported a net profit growth of 366.89%, while Zhongji Xuchuang (300308) and Inspur Information (000977) reported net profit increases of 69.40% and 34.87%, respectively [3] Rare Earth Sector - The rare earth sector saw a rebound, with North Rare Earth (600111) experiencing a net profit increase of 1951.52% in the first half of the year [4] - The demand for permanent magnets remains strong, with companies like Jieli Permanent Magnet (300748) and Ningbo Yunsheng (600366) reporting net profit increases of 154.81% and 179.83%, respectively [4] Investment Insights - The market is showing clear structural differentiation, with a focus on selecting the right sectors for investment [4] - The eight key indicators for assessing the liquidity-driven bull market include turnover rate, leverage, financing transactions, trading volume, and financing balance, among others [5][6][8][9] - The overall sentiment indicates that while the market has risen significantly, it is not yet in a state of overheating [10][11]

里昂发布研报称，该行轻微上调金力永磁（300748）(06680)2025至27年盈利预测，并重申"高度确信跑 赢大市"评级，目标价维持25港元。 报告指，金力永磁上半年净利润达3.05亿元人民币，同比增长155%，估算次季净利润为1.44亿元人民 币，同比增长703%，次季业绩符预期。虽然公司期内出货量因出口禁令而下跌，但管理层表示随着出 口审批获准，出口订单已逐步恢复。 集团目前持有3至6个月订单存量，该行预期集团2025年出货量将同比增长约20%。在上游价格持续波动 下，库存管理将成为往后季度的关键营运重点。 ...

智通财经APP获悉，里昂发布研报称，该行轻微上调金力永磁(06680)2025至27年盈利预测，并重申"高 度确信跑赢大市"评级，目标价维持25港元。 报告指，金力永磁上半年净利润达3.05亿元人民币，同比增长155%，估算次季净利润为1.44亿元人民 币，同比增长703%，次季业绩符预期。虽然公司期内出货量因出口禁令而下跌，但管理层表示随着出 口审批获准，出口订单已逐步恢复。 集团目前持有3至6个月订单存量，该行预期集团2025年出货量将同比增长约20%。在上游价格持续波动 下，库存管理将成为往后季度的关键营运重点。 ...