Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,650,586,918.86, representing a 9.40% increase compared to CNY 1,508,713,746.90 in the same period last year[3] - Net profit attributable to shareholders for Q1 2023 was CNY 178,203,776.63, an increase of 8.77% from CNY 163,829,220.36 year-on-year[3] - The net profit after deducting non-recurring gains and losses decreased by 19.00% to CNY 123,509,476.39 from CNY 152,478,943.42 in the previous year[3] - Total operating profit for the current period is 190,926,662.81, an increase from 183,147,245.97 in the previous period, reflecting a growth of approximately 4.8%[22] - Net profit for the current period is 178,834,120.15, compared to 164,009,577.57 in the previous period, indicating a year-over-year increase of about 9.0%[22] - The total comprehensive income for the current period is 179,303,787.94, compared to 164,381,228.17 in the previous period, showing an increase of approximately 9.0%[24] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to CNY 417,064,697.86, a 198.46% increase from a negative CNY 423,579,602.19 in the same period last year[3] - Cash flow from operating activities generated a net amount of 417,064,697.86, a significant improvement from -423,579,602.19 in the previous period[27] - The total cash and cash equivalents at the end of the period amounted to 3,663,252,232.84, reflecting the company's liquidity position[30] - The company reported a net cash flow from financing activities of -46,165,642.62, indicating a significant outflow in this area[30] Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,647,364,692.27, reflecting a 3.80% increase from CNY 11,220,455,751.51 at the end of the previous year[3] - Total liabilities increased to CNY 4.677 billion from CNY 4.433 billion at the beginning of the year[17] - Equity attributable to shareholders increased by 2.68% to CNY 6,966,528,319.97 from CNY 6,784,850,326.07 year-on-year[3] Shareholder Information - The top shareholder, Jiangxi Ruide Venture Capital Co., Ltd., holds 28.87% of shares, totaling 241,937,600 shares[9] - The second-largest shareholder, HKSCC Nominees Limited, holds 14.97% of shares, totaling 125,466,000 shares[9] - The total number of common shareholders at the end of the reporting period was 61,208[10] - The total number of restricted shares released during the period was 6,889,368, with 660,975 shares newly restricted[11] Operational Highlights - In Q1 2023, the company achieved operating revenue of CNY 1.651 billion, a year-on-year increase of 9.40%, with core business revenue reaching CNY 1.426 billion, up 12.23%[12] - The company produced 2,719 tons of high-performance rare earth permanent magnet materials, a year-on-year increase of 47.39%, accounting for 86.82% of total production[12] - Revenue from the new energy vehicle and auto parts sector reached CNY 804 million, a substantial increase of 78.56% year-on-year[12] - Sales of new energy vehicle drive motor magnetic steel products were sufficient to equip approximately 839,000 new energy passenger vehicles[12] - Revenue from energy-saving variable frequency air conditioning reached CNY 355 million, while wind power revenue was CNY 138 million[12] - Revenue from the robotics and industrial servo motor sector was CNY 58.36 million, marking a 34% year-on-year growth[12] Expenses and Impairments - Sales expenses increased by 64.97% to 10,189,910.26 from 6,176,782.94 due to business expenditures in the reporting period[8] - Research and development expenses increased to 71,827,115.07 from 58,826,903.24, marking a rise of about 22.1%[21] - Credit impairment losses showed a significant decrease of 123.66%, resulting in a loss of 945,646.13 compared to a gain of 3,996,011.13 in the previous period[8] - Asset impairment losses increased by 148.89% to -7,204,082.47 from -2,894,507.01, mainly due to an increase in inventory devaluation provisions[8] Other Income and Changes - Other income surged by 802.83% to 58,729,750.24 from 6,505,092.27, primarily due to government subsidies received during the reporting period[8] - Fair value changes in income decreased by 32.43% to 2,247,000.00 from 3,325,590.00, attributed to a reduction in forward foreign exchange income[8] Future Outlook - The company plans to continue expanding its market presence and exploring new product development opportunities[8] Audit Information - The company did not conduct an audit for the first quarter report, which may affect the reliability of the financial data presented[31]

Financial Performance - The company achieved a revenue of RMB 7,165.2 million in 2022, representing a growth of 75.6% compared to the previous year[3]. - Net profit attributable to the parent company was RMB 702.7 million, an increase of 55.1% year-on-year[3]. - The company reported a revenue of RMB 1.2 billion for the fiscal year 2022, representing a year-over-year increase of 15%[22]. - The company achieved operating revenue of RMB 7,165.2 million for the year ended December 31, 2022, an increase of RMB 3,085.1 million or 75.6% compared to RMB 4,080.1 million for the year ended December 31, 2021[29]. - The net profit attributable to the owners of the parent company for the year was RMB 702.7 million, representing a 55.1% increase from RMB 453.2 million in the previous year[30]. - The gross profit for the year was RMB 1,159.0 million, reflecting a gross margin of 16.18%[35]. - The company’s basic and diluted earnings per share for the year were RMB 0.84, an increase from RMB 0.65 in the previous year[29]. - The company’s operating profit before tax was RMB 766.7 million, indicating a significant growth trajectory[35]. - The company reported a net profit of RMB 704.6 million in 2022, a 55.2% increase from RMB 454.0 million in 2021, with a profit margin decrease from 11.1% to 9.8%[87]. Research and Development - Research and development expenses reached RMB 337.5 million, marking a significant increase of 110.7%[5]. - The company has allocated RMB 200 million for research and development in advanced materials technology[24]. - R&D expenses surged by 110.7% from RMB 160.2 million in 2021 to RMB 337.5 million in 2022, largely due to significant increases in testing materials and equipment costs[79]. - The company aims to enhance its R&D efforts to improve production technology and expand its product range, including reducing the use of heavy rare earths in high-performance materials[102]. Production Capacity and Expansion - The production capacity of high-performance rare earth permanent magnet materials has reached 23,000 tons annually, with plans to increase to 40,000 tons by 2025[3]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by 2025[24]. - The company plans to achieve a production capacity of 40,000 tons of high-performance rare earth permanent magnet materials by 2025, up from 23,000 tons in 2022[52]. - The first phase of the Baotou production base has reached production capacity, increasing the annual output of high-performance neodymium-iron-boron permanent magnet materials to 23,000 tons[52]. - The company is investing in a project in Ningbo with an annual production capacity of 3,000 tons of high-end magnetic materials, expected to be operational in 2023[52]. Market Presence and Sales - The company’s products were adopted by eight of the top ten global manufacturers of variable frequency air conditioning compressors in 2022[14]. - In the new energy vehicle sector, the company generated revenue of 2,889.1 million yuan, a significant increase of 175.0% year-on-year, capturing approximately 28% of the global market share[48]. - The energy-efficient variable frequency air conditioning segment generated revenue of 1,832.2 million yuan, a growth of 30.9% year-on-year[63]. - The company is a leading supplier of high-performance neodymium-iron-boron permanent magnet materials, widely used in new energy vehicles, energy-efficient air conditioning, wind power, and industrial servo motors[43]. Environmental and Social Responsibility - The company’s high-performance rare earth permanent magnet materials contributed to a reduction of approximately 590 million tons of carbon emissions annually in the electric vehicle sector[14]. - The company received the PAS 2060 carbon neutrality certification, marking a significant achievement in its commitment to low-carbon development[67]. - The company aims to reduce greenhouse gas emissions and resource consumption by an average of 5% to 10% annually until achieving carbon neutrality[105]. - The company invested RMB 1.2 million in public welfare initiatives in 2022, including donations to local charities and scholarships[68]. Corporate Governance - The company has maintained high standards of corporate governance and compliance with relevant laws and regulations[130]. - The board of directors consists of 7 members, including 2 executive directors and 5 non-executive directors, with 3 independent non-executive directors, meeting the requirement of at least one-third independence[140]. - The company emphasizes the importance of internal control and has implemented measures to enhance internal audit supervision and compliance training[136]. - The company has established a performance evaluation system for senior management, ensuring that compensation reflects responsibilities and performance[137]. Shareholder Information - The largest shareholder, Jiangxi Ruide Venture Investment Co., Ltd., holds 28.87% of the shares, totaling 241,937,600 shares[115]. - The total number of shares held by the top three shareholders accounts for approximately 59.81% of the total share capital[117]. - The company proposed a final cash dividend of RMB 2.60 per 10 shares for the year ending December 31, 2022, totaling approximately RMB 217.9 million[173]. - The company will withhold a 10% corporate income tax on cash dividends distributed to non-resident enterprise shareholders listed in the H-share register[174]. Strategic Partnerships and Collaborations - The company has initiated a strategic partnership with Mitsubishi Electric to enhance technology sharing and product innovation[20]. - The company has established stable strategic partnerships with major rare earth suppliers, including Northern Rare Earth Group, and has been recognized as a "Quality Customer" for two consecutive years[53]. Future Outlook - The company expects a revenue growth forecast of 10% for the next fiscal year, driven by new product launches and market expansion[22]. - Future outlook includes potential mergers and acquisitions to enhance market position and technological capabilities[116]. - The company aims to establish a national enterprise technology center and increase R&D investment to convert technological achievements into customer orders[109].

Financial Performance - The company achieved a revenue of RMB 7,165.2 million for the year ended December 31, 2022, representing a growth of 75.6% compared to the previous year[3]. - The net profit attributable to the parent company was RMB 702.7 million, an increase of 55.1% year-on-year[3]. - The company reported a revenue of RMB 1.5 billion for the fiscal year 2022, representing a year-over-year growth of 15% compared to RMB 1.3 billion in 2021[22]. - The gross profit margin improved to 35% in 2022, up from 30% in the previous year, indicating better cost management and pricing strategies[22]. - The company reported a net profit of RMB 300 million for 2022, a 20% increase from RMB 250 million in 2021, reflecting strong operational performance[22]. - The company achieved operating revenue of RMB 7,165.2 million for the year ended December 31, 2022, an increase of RMB 3,085.1 million or 75.6% compared to RMB 4,080.1 million for the year ended December 31, 2021[29]. - The net profit attributable to the owners of the parent company for the year was RMB 702.7 million, representing an increase of 55.1% from RMB 453.2 million in the previous year[30]. - The net cash flow from operating activities was RMB 310.1 million, up 204.7% from RMB 101.8 million for the year ended December 31, 2021[30]. - The basic and diluted earnings per share for the year were RMB 0.84, compared to RMB 0.65 in the previous year, reflecting a growth of 29.2%[29]. - The company achieved a total environmental and occupational safety expenditure of approximately RMB 24.4 million, a year-on-year increase of 40.6%[68]. Research and Development - Research and development expenses reached RMB 337.5 million, marking a significant increase of 110.7%[5]. - The company is investing RMB 200 million in R&D for new technologies, including advanced magnetic materials and energy-efficient products, expected to launch in Q3 2023[22]. - The company’s R&D expenses reached 337.5 million yuan in 2022, a 110.7% increase year-on-year, accounting for 4.7% of operating revenue[52]. - The grain boundary diffusion technology can reduce the use of heavy and medium rare earth materials by 50% to 70%, significantly lowering production costs for clients in the wind power industry[49]. - The company has received multiple domestic and international patents for its grain boundary diffusion technology, reinforcing its competitive edge in the industry[54]. Production Capacity and Expansion - The production capacity of high-performance rare earth permanent magnet materials has reached 23,000 tons, with plans to increase it to 40,000 tons by 2025[3]. - The company plans to expand its production capacity by 20% in 2023 to meet increasing demand for high-performance rare earth permanent magnet materials[20]. - The company produced 12,786 tons of high-performance rare earth permanent magnet materials in 2022, with 9,965 tons produced using the grain boundary diffusion technology, representing a year-on-year increase of 64.33%[51]. - The company plans to increase its production capacity to 40,000 tons of high-performance rare earth permanent magnet materials by 2025, with current capacity at 23,000 tons[52]. - The company is investing in a project in Ningbo to produce 3,000 tons of high-end magnetic materials and 100 million sets of components, expected to be operational in 2023[100]. Market Position and Partnerships - The company’s products were adopted by eight of the top ten global manufacturers of variable frequency air conditioning compressors in 2022[14]. - The company has established strategic partnerships with key players in the renewable energy sector to enhance its market reach and product development capabilities[20]. - The company has established long-term stable partnerships with leading enterprises in various sectors, enhancing its market position[43]. - The company is a key supplier for eight of the top ten manufacturers of variable frequency air conditioning compressors globally[48]. - The company has established stable strategic partnerships with major rare earth suppliers, including Northern Rare Earth Group and China Rare Earth Group, to mitigate the impact of raw material price fluctuations[53]. Environmental and Sustainability Initiatives - The company’s high-performance rare earth permanent magnet materials contributed to a reduction of approximately 590 million tons of carbon emissions annually through the sales of new energy vehicles[14]. - The company has been recognized for its ESG initiatives, including achieving carbon neutrality certification from SGS in 2022[55]. - The company aims to support global carbon neutrality goals by focusing on R&D, production, and sales of high-performance permanent magnet materials[99]. - The company aims to achieve an average annual reduction of 5% to 10% in greenhouse gas emissions and energy consumption, working towards long-term carbon neutrality goals[105]. Shareholder Structure and Corporate Governance - As of December 31, 2022, Jiangxi Jinli Permanent Magnet Technology Co., Ltd. had a major shareholder, Jiangxi Ruide Venture Investment Co., Ltd., holding 28.87% of shares, totaling 241,937,600 shares[115]. - The top ten shareholders collectively held significant stakes, with the largest shareholder controlling approximately 37.00% of the total equity[117]. - The company has seen fluctuations in shareholding, with notable changes in the holdings of various institutional investors[118]. - The company maintains high standards of corporate governance and complies with relevant laws and regulations[130]. - The company ensures equal rights for all shareholders during general meetings, adhering to its articles of association and legal requirements[131]. Future Outlook and Strategic Goals - The company aims to expand its high-end production capacity and enhance technological innovation as part of its strategic goals for 2023[3]. - The company has set a target of achieving a compound annual growth rate (CAGR) of 10% over the next five years, driven by market expansion and new product launches[22]. - The company aims to enter the Southeast Asian market by the end of 2023, targeting a market share of 15% within two years[20]. - The 2023 operational plan emphasizes customer orientation, international layout, and innovation to enhance production efficiency and quality[106]. - The company plans to strengthen quality control and lean management to reduce quality costs and enhance supply chain capabilities[110].

Financial Performance - The company's operating revenue for 2022 was approximately RMB 7.17 billion, representing a 75.61% increase compared to RMB 4.08 billion in 2021[14]. - The net profit attributable to shareholders for 2022 was approximately RMB 702.69 million, a 55.09% increase from RMB 453.07 million in 2021[14]. - The net cash flow from operating activities for 2022 was approximately RMB 310.12 million, showing a significant increase of 204.66% compared to RMB 101.79 million in 2021[14]. - The total assets at the end of 2022 reached approximately RMB 11.22 billion, an 85.44% increase from RMB 6.05 billion at the end of 2021[14]. - The net assets attributable to shareholders at the end of 2022 were approximately RMB 6.78 billion, reflecting a 128.80% increase from RMB 2.97 billion at the end of 2021[14]. - The basic earnings per share for 2022 were RMB 0.84, up 29.23% from RMB 0.65 in 2021[14]. - The company reported a weighted average return on equity of 11.35% for 2022, a decrease of 11.75 percentage points from 23.10% in 2021[14]. Research and Development - The company has a significant focus on research and development of new products and technologies to enhance market competitiveness[4]. - R&D expenses amounted to CNY 337.48 million, reflecting a year-on-year increase of 110.71%, which is 4.71% of total revenue[29]. - The company launched new high-performance neodymium-iron-boron permanent magnet materials, enhancing its product portfolio[13]. - The company aims to increase R&D investment to enhance production technology and expand its product range, including reducing the use of heavy rare earths in high-performance materials[85]. - The number of R&D personnel rose by 57.42% to 647, with a significant increase in those holding bachelor's degrees by 149.78%[54]. Market Expansion and Strategy - The company is actively pursuing market expansion strategies to increase its footprint in both domestic and international markets[4]. - The company plans to expand its market presence and invest in new technologies to drive future growth[13]. - In the new energy vehicle sector, the company generated revenue of CNY 2,889 million, a significant increase of 174.97% year-on-year, capturing approximately 28% of the global market share[28]. - The company is focusing on recycling technology for NdFeB magnets, aiming to improve resource efficiency and reduce raw material costs[53]. - The company plans to invest in a high-performance rare earth permanent magnet material base project in Ganzhou and a recycling project in Mexico to expand production capacity and enhance market competitiveness[87]. Governance and Accountability - The board of directors and management have confirmed the accuracy and completeness of the financial report, ensuring accountability for any misrepresentation[2]. - The company has established a comprehensive governance structure to ensure effective oversight and management of its operations[4]. - The company received multiple awards in 2022, including the "Best Board of Directors" and "Best Investor Relations" awards, reflecting its strong governance and investor communication[43]. - The company has a robust governance structure that complies with the requirements set by the China Securities Regulatory Commission[97]. - The company has established a performance evaluation mechanism for senior management, ensuring that compensation reflects responsibilities and performance[154]. Environmental and Social Responsibility - The company is committed to environmental and social responsibilities as part of its operational strategy[4]. - The company invested approximately 15.37 million yuan in environmental protection in 2022[167]. - The company has established an emergency response plan for environmental incidents and conducts annual drills[167]. - The company has committed to fulfilling its promises regarding the protection of shareholder interests and corporate governance[171]. - The company has implemented measures to reduce carbon emissions, although specific details were not provided[167]. Risk Management - The company emphasizes the importance of risk awareness regarding future development plans and operational strategies, highlighting potential discrepancies between plans and actual commitments[2]. - The company recognizes the risk of fluctuations in rare earth material prices, which could adversely affect production and sales, and has established stable partnerships with key suppliers to mitigate this risk[89]. - The company is managing the risk of large accounts receivable by evaluating customers and setting appropriate credit terms to ensure timely payments[92]. - The company plans to implement several risk control measures for its hedging activities, including strict adherence to internal management systems and dedicated personnel for risk assessment[72]. - The company is exposed to exchange rate fluctuations due to its increasing overseas business, and it employs foreign exchange forward contracts to manage this risk[91]. Profit Distribution - The company proposed a profit distribution plan, distributing a cash dividend of 2.6 CNY per 10 shares (including tax) and a capital reserve increase of 6 shares for every 10 shares held[3]. - The total cash dividend amount for the year was CNY 217,868,611.48, representing 100% of the distributable profit of CNY 1,281,596,320.80[138]. - The company has a minimum cash dividend ratio of 20% for profit distribution during its growth phase with significant capital expenditure[138]. - The company’s profit distribution policy requires at least two-thirds approval from shareholders at the general meeting for any adjustments[136]. - The company has a cash dividend policy that requires at least 10% of the distributable profit to be distributed in cash each year, and the cumulative cash dividends over the last three years must be at least 30% of the average annual distributable profit[133]. Shareholder and Stock Information - The company holds 241,937,600 shares, accounting for 34.19% of the total share capital[175]. - The company’s shareholding structure shows that 99.18% of shares are unrestricted after the recent changes[192]. - The company completed the issuance of 125,466,000 H shares on January 14, 2022, listed on the Hong Kong Stock Exchange[192]. - The company has established a stock incentive plan, granting 254,520 shares to 223 incentive objects, representing 0.62% of the total share capital[141]. - The company’s stock incentive plan includes conditions for the release of restricted shares based on performance and tenure[198]. Internal Control and Compliance - The company has established a comprehensive internal control system to prevent fraud and ensure accurate financial reporting[159]. - The internal control audit report issued by the accounting firm was consistent with the board's self-evaluation report[160]. - The company has not reported any significant internal control deficiencies during the reporting period[156]. - The company conducted a self-assessment of corporate governance and found no issues requiring rectification[161]. - The company adheres to strict environmental regulations and has not encountered any major environmental issues or pollution incidents[164].

证券代码：300748 证券简称：金力永磁 公告编号：2023-026 江西金力永磁科技股份有限公司 关于举办 2022 年度业绩说明会的公告 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"）已于 2023 年 3 月 31 日在巨潮资讯网上披露了《2022 年年度报告》及《2022 年年度报告摘要》。为便 于广大投资者更加全面深入地了解公司经营业绩、发展战略等情况，公司定于 2023 年 04 月 07 日（星期五）15:00-17:00 在"价值在线"（www.ir-online.cn）举 办江西金力永磁科技股份有限公司 2022 年度业绩说明会，与投资者进行沟通和 交流，广泛听取投资者的意见和建议。 一、说明会召开的时间、地点和方式 董事会 三、投资者参加方式 会议召开时间：2023 年 04 月 07 日（星期五）15:00-17:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络文字互动方式 投资者可于 2023 年 04 月 07 日（星 期五）15:00-17:00 ...