国浩律师（上海）事务所 法律意见书 国浩律师（上海）事务所 关于安徽龙磁科技股份有限公司 2024年年度股东大会的法律意见书 致：安徽龙磁科技股份有限公司 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共 和国证券法》（以下简称"《证券法》"）和中国证券监督管理委员会《上市公司 股东大会规则》的规定，国浩律师（上海）事务所接受安徽龙磁科技股份有限公 司（以下简称"公司"）董事会的聘请，指派许航律师、乔若瑶律师出席并见证了 公司于2025年5月16日在安徽省合肥市政务区南二环路3818号天鹅湖万达广场1 号楼23层会议室召开的2024年年度股东大会，并依据有关法律、法规、规范性文 件的规定以及《公司章程》的规定，对本次股东大会的召集、召开程序、出席人 员资格、召集人资格、大会表决程序等事宜进行了审查，现发表法律意见如下： 一、本次股东大会的召集、召开程序 1、公司已于2025年4月21日在巨潮资讯网向公司股东发出了召开公司2024 年年度股东大会的会议通知。经核查，通知载明了会议的时间、地点、内容、 会议出席对象，并说明了有权出席会议的股东的股权登记日、出席会议的股东 的登记方法、联系电话和 ...

Core Insights - The metal soft magnetic powder core is a high-performance soft magnetic material with significant market potential, particularly in the context of the new energy industry, including applications in photovoltaic power generation, electric vehicles, and data centers [1][19]. Industry Overview - Soft magnetic materials are characterized by low coercivity and high permeability, making them suitable for various energy conversion devices. They can be categorized into metal soft magnetic materials, ferrite soft magnetic materials, and other types [3][6]. - The demand for metal soft magnetic powder cores in China was 82,000 tons in 2019, with a market size of 2.72 billion yuan. This is expected to grow to 201,000 tons and approximately 7.52 billion yuan by 2025 [1][19]. Market Dynamics - The global soft magnetic materials market is projected to grow from $51.4 billion in 2019 to $79.4 billion in 2024, with a compound annual growth rate (CAGR) of 9.1% [14]. - The Asia-Pacific region holds the largest market share for soft magnetic materials, accounting for over 50%, followed by North America at around 24% [13]. Key Applications - Metal soft magnetic powder cores are crucial in electric vehicles, where they are used in drive motors, onboard chargers, and DC/DC converters, enhancing efficiency and power density [10][17]. - The increasing production of new energy vehicles in China, which is expected to rise from 340,500 units in 2015 to 12.89 million units by 2024, is driving demand for soft magnetic materials [10]. Industry Structure - The soft magnetic materials industry has a clear supply chain, with upstream raw materials sourced from the steel and chemical industries, midstream production of soft magnetic materials, and downstream applications in power, communication, and consumer electronics [6][9]. - Major companies in the Chinese soft magnetic materials sector include Hengdian Group Dong Magnetic, Tiantong Holdings, and Zhongke Magnetic, among others [24][26]. Future Trends - The industry is moving towards high-performance and high-value-added products, driven by rapid advancements in new energy, electric vehicles, and 5G communication technologies [30]. - The push for green and low-carbon technologies is leading to an increase in the use of high-performance silicon steel and low-loss amorphous alloys in various applications [31]. - Domestic companies are accelerating the localization of key soft magnetic materials, reducing reliance on imports and enhancing the competitiveness of the industry [32].

Group 1: Financial Performance - The company's 2024 revenue increased by 9.33%, while net profit grew by 50.31%, indicating a strong growth trend [2] - R&D investment for 2024 was 65,236,050.76 CNY, accounting for 5.58% of total revenue [5] Group 2: Market Position and Strategy - The company aims to expand its production capacity of permanent magnet ferrite wet-pressed tiles to 60,000 tons, targeting high-end markets in automotive and variable frequency home appliances [3] - The company plans to enhance its market share by developing new customer groups and applications, particularly in the electric vehicle sector [3] Group 3: International Expansion - The company is expanding its production capacity in Vietnam to 10,000 tons and plans to establish a soft magnetic factory in Thailand with a capacity of 8,000 tons [3] - Future international strategies include establishing localized production bases in Southeast Asia to optimize supply chain resilience and reduce trade barriers [4][5] Group 4: Challenges and Future Outlook - The micro-inverter and accessory business saw a slight revenue decline in 2024 due to a slowdown in global photovoltaic installations and intensified competition [3] - The company will focus on high-efficiency product iterations and explore emerging markets in Latin America and Southeast Asia to enhance market share [3]

Core Viewpoint - The rapid development of the humanoid robot industry is driving a significant increase in demand for rare earth permanent magnet materials, highlighting investment opportunities in this sector [1][5]. Industry Overview - The rare earth permanent magnet concept index surged by 6.23% on May 6, indicating a strong market sentiment [1]. - Analysts suggest that the current period represents a resonance of fundamentals and sentiment in the rare earth sector, with prices expected to rise [1][5]. - The humanoid robot market is projected to experience explosive growth, providing substantial incremental space for the rare earth permanent magnet industry [1][5]. Market Dynamics - The price of dysprosium has doubled to $850 per kilogram since early April, while terbium prices have surged over 210% to $3,000 per kilogram [1]. - The demand for rare earth materials is critical in humanoid robots, particularly in servo motors, where neodymium-iron-boron magnets play a key role [1]. Company Performance - Several rare earth companies reported significant sales increases in Q1 2025, with North Rare Earth achieving a revenue of 9.287 billion yuan, a 61.19% year-on-year increase, and a net profit growth of 727.3% [3]. - Shenghe Resources reported a revenue of 2.992 billion yuan, up 3.66%, with net profit increasing by 178.09% [3]. - China Rare Earth's revenue reached 728 million yuan, a 141.32% increase, with net profit growing by 125.15% [3]. Investment Opportunities - Analysts emphasize the strategic investment opportunities in the rare earth sector, particularly for companies with high technical barriers and flexible production capacities [1][5]. - The introduction of Tesla's humanoid robot Optimus is expected to create a substantial demand for neodymium-iron-boron materials, potentially leading to a new rare earth permanent magnet market [2][4].

Core Viewpoint - Longmag Technology (300835) is expanding its production capacity in Vietnam and Thailand, focusing on enhancing its supply chain resilience and reducing trade barriers while targeting international markets [1] Group 1: Production Capacity Expansion - The permanent magnet production capacity in Vietnam is set to increase to 10,000 tons by the second quarter of this year [1] - The soft magnetic factory in Thailand is about to commence construction, which will bring the overseas soft magnetic production capacity to 8,000 tons upon completion [1] Group 2: Strategic Focus - The company plans to develop its soft magnetic industry chain around technological upgrades and international expansion [1] - Longmag Technology aims to leverage the advantages of Southeast Asia to establish localized production bases [1] - The strategy includes optimizing supply chain resilience and mitigating the impact of trade barriers, with a focus on reaching markets in Europe, America, and emerging regions [1]

5月6日，A股三大指数集体高开。截至1 0 : 0 0，创业板指涨至1 . 4 3%。市场上，4 5 8 5只个股上 涨。 本期编辑 金珊 21君荐读 关于胖东来玉石，市监通报来了！此前被网红怼"玉石获百倍暴利" 深夜，伯克希尔大跌 雷军，职务调整！ 板块方面，黄金、稀土永磁、消费电子、服务器、CPO、算力、机器人、6G、金融科技指数 等纷纷走强。 其 中 ， 稀 土 永 磁 概 念 股 震 荡 走 高 ， 盛 和 资 源 涨 停 ， 九 菱 科 技 、 大 地 熊 、 龙 磁 科 技 、 广 晟 有 色、银河磁体、中国稀土涨超5%，中科三环、天和磁材、正海磁材等跟涨。 消息面上，截至5月1日，欧洲镝价已自4月初以来上涨两倍，达到8 5 0美元/公斤；铽价从9 6 5 美元/公斤上涨至3 0 0 0美元/公斤，累计涨幅超2 1 0%。 来源 | 财联社、Wi n d、公开信息等 SFC | 上证指数 | 北证50 深证成指 | | --- | --- | | 3297.87 | 10014.66 1355.19 +18.84 +0.57% +114.83 +1.16% +24.05 +1.81% | | 科创 ...

Group 1: Financial Performance - In 2024, the company achieved a revenue of 1.17 billion CNY, with a net profit of 111 million CNY, representing a year-on-year growth of 9.33% and 50.11% respectively [2] - In Q1 2025, the company reported a revenue of 257 million CNY and a net profit of 28.47 million CNY, indicating stable overall operations [2] Group 2: Business Segments - The permanent magnet business is the company's pillar industry and main profit source, with production capacity expected to reach 50,000 tons this year [2] - The company has increased investment in soft magnetic business, with expectations of improved shipment volumes this year [3] Group 3: Market Strategy and Risks - Direct exports to the U.S. account for less than 3% of the company's total, minimizing the impact of U.S. tariffs on overall export scale and profit levels [3] - The company maintains a diversified market strategy, actively exploring global markets to mitigate trade risks [3] Group 4: Production Capacity and Expansion - The company aims to achieve a long-term target of 60,000 tons of permanent magnet ferrite capacity, with cautious capacity deployment based on market conditions [3] - The Vietnam factory's permanent magnet capacity has been expanded to 10,000 tons/year, while the Thai soft magnetic factory is planned to have a capacity of 8,000 tons [4] Group 5: Product Development and Innovation - The company is focusing on chip inductors and automotive inductors, responding to the growing demand in AI computing and automotive electronics [4] - Continuous optimization of product performance and quality is underway to meet diverse market needs [4]

安徽龙磁科技股份有限公司董事、监事、高级管理人员 关于 2025 年第一季度报告的书面确认意见 根据《证券法》第八十二条的要求，本人作为安徽龙磁科技股份有限公司董 事，保证公司 2025 年第一季度报告内容真实、准确、完整，不存在任何虚假记 载、误导性陈述或者重大遗漏。 董事签名： 熊永宏 熊咏鸽 朱旭东 熊言傲 左毅 曹瑞国 陈结淼 2025 年 4 月 25 日 安徽龙磁科技股份有限公司董事、监事、高级管理人员 关于 2025 年第一季度报告的书面确认意见 根据《证券法》第八十二条的要求，本人作为安徽龙磁科技股份有限公司监 事，保证公司 2025 年第一季度报告内容真实、准确、完整，不存在任何虚假记 载、误导性陈述或者重大遗漏。 监事签名： 葛志玉 魏小飞 周德满 2025 年 4 月 25 日 安徽龙磁科技股份有限公司董事、监事、高级管理人员 关于 2025 年第一季度报告的书面确认意见 根据《证券法》第八十二条的要求，本人作为安徽龙磁科技股份有限公司高 级管理人员，保证公司 2025 年第一季度报告内容真实、准确、完整，不存在任 何虚假记载、误导性陈述或者重大遗漏。 高级管理人员签名： 熊咏鸽 朱旭东 ...

证券代码：300835 证券简称：龙磁科技 公告编号：2025-021 安徽龙磁科技股份有限公司 关于举办2024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。 安徽龙磁科技股份有限公司（以下简称"公司"）已于 2025 年 4 月 21 日在 巨潮资讯网（www.cninfo.com.cn）上披露了 2024 年年度报告全文及其摘要。为 让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，公司将在价 值在线平台（https://www.ir-online.cn）举办 2024 年度业绩说明会。现将相关事项 公告如下： 一、业绩说明会召开时间：2025 年 5 月 6 日（星期二）下午 15:00-17:00。 二、出席本次年度业绩说明会的人员：公司董事、总经理熊咏鸽先生；董事 会秘书、副总经理冯加广先生；独立董事左毅先生；财务总监卢玉平先生（如遇 特殊情况，参会人员可能进行调整）。 三、召开方式：本次业绩说明会将采用网络文字互动的方式召开。投资者可 通过 https://eseb.cn/1nJ9dWZi68U 参与互动交流，并可 ...

Financial Performance - The company's revenue for Q1 2025 was ¥256,500,351.39, representing a 1.20% increase compared to ¥253,457,727.32 in the same period last year[5] - Net profit attributable to shareholders decreased by 7.50% to ¥28,471,484.12 from ¥30,778,517.19 year-on-year[5] - Basic and diluted earnings per share decreased by 6.91% to ¥0.2385 from ¥0.2562 in the same period last year[5] - Net profit for the current period was ¥26,979,773.53, down from ¥29,393,805.48 in the previous period, representing a decrease of about 4.8%[17] - The company recorded a profit before tax of ¥30,639,441.47, down from ¥31,380,644.58 in the previous period, a decrease of about 2.4%[17] Cash Flow and Liquidity - The net cash flow from operating activities significantly dropped by 87.20% to ¥3,301,286.35, down from ¥25,788,425.97 in the previous year[5] - Operating cash flow for the current period was ¥3,301,286.35, significantly lower than ¥25,788,425.97 in the previous period, indicating a decline in cash generation from operations[19] - The company reported a significant decrease in cash and cash equivalents, with a net decrease of ¥56,557,615.06, compared to an increase of ¥52,698,099.67 in the previous year[9] - The company's cash and cash equivalents decreased from ¥211,837,403.67 to ¥140,616,703.62, a decline of approximately 33.5%[14] - The net increase in cash and cash equivalents was -$56,557,615.06, contrasting with an increase of $52,698,099.67 last year[20] - The ending balance of cash and cash equivalents was $123,333,795.98, down from $185,470,376.38[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,254,919,131.45, a decrease of 1.36% from ¥2,285,914,802.44 at the end of the previous year[5] - Total assets decreased from ¥2,285,914,802.44 to ¥2,254,919,131.45, a decline of about 1.4%[15] - Total liabilities decreased from ¥1,181,534,809.32 to ¥1,118,305,945.76, a reduction of approximately 5.3%[15] - The company experienced a 70.87% reduction in current non-current liabilities due within one year, decreasing to ¥23,853,241.26 from ¥81,892,875.27[9] - Short-term borrowings increased from ¥530,535,480.60 to ¥586,359,053.79, an increase of about 10.6%[15] - The company’s long-term borrowings increased from ¥149,333,437.27 to ¥171,833,437.27, an increase of about 15.1%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 18,496, with the top ten shareholders holding significant stakes[10] - The company's equity attributable to shareholders increased by 3.18% to ¥1,094,872,116.41 from ¥1,061,147,213.25 at the end of the previous year[5] - The company’s total equity remained stable at ¥119,371,904.00[15] Government Subsidies and Expenses - The company received government subsidies amounting to ¥1,659,517.82, which was a decrease of 78.29% compared to the previous year[9] - Research and development expenses decreased to ¥14,948,428.09 from ¥18,553,685.76, a reduction of approximately 19%[16] Other Financial Metrics - Total operating revenue for the current period reached ¥256,500,351.39, an increase from ¥253,457,727.32 in the previous period, reflecting a growth of approximately 0.82%[16] - Total operating costs for the current period were ¥229,461,127.63, slightly lower than ¥229,498,900.89 in the previous period, showing a marginal decrease[16] - Other comprehensive income after tax for the current period was ¥4,086,139.12, compared to a loss of ¥4,005,164.08 in the previous period, indicating a positive turnaround[17] Future Plans - The company has plans for market expansion and new product development, although specific details were not disclosed in the earnings call[18]