Core Viewpoint - Longi Technology (300835) announced on October 29 that in response to inquiries during a research meeting, the company highlighted the opportunities for ferrite materials as substitutes due to rare earth control, particularly in cost-sensitive and lower-performance sectors [1] Group 1: Market Trends - Under the backdrop of rare earth export controls, overseas clients are shifting towards ferrite alternatives to mitigate supply chain risks [1] - In the field of electric vehicles, ferrite magnets are already being applied in low-end models, indicating a growing acceptance of these materials [1] Group 2: Company Strategy - The company aims to focus on high cost-performance market penetration and technological upgrades, with a strategic emphasis on new energy vehicles, industrial motors, and green energy sectors [1] - Through technological and process innovations, the company seeks to overcome performance bottlenecks and seize opportunities arising from the global supply chain restructuring [1]

Core Viewpoint - Longi Technology (300835) announced on October 29 that it will increase its investment in the Vietnam permanent magnet base, planning to add 10,000 tons of permanent magnet production capacity, addressing the tight supply situation in the market [1] Group 1 - The company is responding to increasing customer demand for its products from the Vietnam base, which is currently experiencing a supply shortage [1] - The Vietnam base is expected to continue being a significant support point for the company's performance growth [1]

Core Insights - Longi Technology (龙磁科技) is increasing its investment in the Vietnam permanent magnet base, planning to add 10,000 tons of permanent magnet production capacity [1] - The supply of permanent magnets is tightening globally, with multiple customers requesting increased shares from the Vietnam base, indicating a supply-demand imbalance [1] - The Vietnam base is expected to continue being a significant support point for the company's performance growth [1]

Core Viewpoint - Longi Technology's stock price has shown significant growth this year, with a year-to-date increase of 94.14%, despite recent fluctuations in the short term [1][2]. Financial Performance - For the period from January to September 2025, Longi Technology achieved a revenue of 937 million yuan, representing a year-on-year growth of 11.43% [2]. - The net profit attributable to the parent company for the same period was 133 million yuan, reflecting a year-on-year increase of 34.10% [2]. Shareholder Information - As of September 30, 2025, the number of shareholders for Longi Technology was 16,200, a decrease of 11.41% compared to the previous period [2]. - The average number of circulating shares per shareholder increased by 13.36% to 5,072 shares [2]. Dividend Distribution - Since its A-share listing, Longi Technology has distributed a total of 134 million yuan in dividends, with 70.34 million yuan distributed over the past three years [3]. Institutional Holdings - As of September 30, 2025, Huazhang Strategy Preferred Mixed Fund (040008) became the fourth-largest circulating shareholder with 1.003 million shares, marking its entry into the top shareholders list [3]. - Huashang New Trend Preferred Mixed Fund (166301) has exited the list of the top ten circulating shareholders [3].

Group 1: Financial Performance - The company achieved a revenue of 937 million CNY in the first three quarters, an increase of 11.43% year-on-year, and a net profit of 133 million CNY, up 34.10% year-on-year [1] - In Q3 alone, revenue reached 346 million CNY, with a net profit of 48.06 million CNY, reflecting growth of 21.30% and 38.33% respectively compared to the same period last year [1] - The slight decline in net profit compared to the previous quarter was attributed to production line upgrades, a moderate increase in raw material prices, and ongoing investments in new projects [1] Group 2: Business Development - The company is focusing on chip inductor development, marking this year as a validation year for customer development, with new orders from a well-known semiconductor power supplier [2] - The growth of chip inductors is dependent on the lifecycle and iteration of downstream customer projects, with expectations for more new projects to materialize next year [2] - The company is actively collaborating with clients to enhance product performance and service quality [2] Group 3: Market Opportunities - Rare earth controls are creating opportunities for ferrite materials as alternatives in cost-sensitive and lower-performance sectors, particularly in the electric vehicle market [2] - The company is targeting high cost-performance markets and focusing on sectors like new energy vehicles, industrial motors, and green energy [2] Group 4: Production Capacity and Outlook - The company plans to increase its permanent magnet production capacity in Vietnam by an additional 10,000 tons, responding to high demand and supply constraints [2] - The Vietnam base is expected to be a significant driver of the company's future performance [2] Group 5: Product Focus and Pricing Mechanism - TLVR inductors, designed for low voltage and high current environments, are gaining traction, with demand significantly higher than traditional non-TLVR inductors [3] - The price of ferrite permanent magnets remains stable due to low dependence on rare earth materials, while the cost of iron red has seen a slight increase due to supply-demand dynamics in the steel industry [4] - The company's pricing mechanism involves real-time tracking of raw material prices and agreements with customers to manage cost fluctuations effectively [4]

Group 1 - The core point of the news is that Long Magnetic Technology Co., Ltd. experienced a stock decline of 5.08%, with a current share price of 57.57 yuan and a total market capitalization of 6.865 billion yuan [1] - The company, established on January 19, 1998, specializes in the research, production, and sales of new functional materials, specifically permanent magnetic ferrite [1] - The main revenue composition of the company includes magnetic materials (85.54%), commutators and others (9.93%), micro-inverters and accessories (4.37%), and leasing (0.16%) [1] Group 2 - According to data, a fund under Shenwan Hongyuan holds a significant position in Long Magnetic Technology, with the Multi-Strategy Flexible Allocation A fund (001148) owning 329,300 shares, representing 2.19% of the fund's net value [2] - The fund has reported a floating loss of approximately 1.0142 million yuan today [2] - The Multi-Strategy Flexible Allocation A fund was established on March 31, 2015, and has achieved a year-to-date return of 37.43%, ranking 2292 out of 8155 in its category [2] Group 3 - The fund managers of Multi-Strategy Flexible Allocation A are Liang Guozhu and Gao Fu, with Liang having a tenure of 2 years and 354 days and a total fund size of 1.826 billion yuan [3] - During Liang's tenure, the best fund return was 57.77%, while the worst was -18.51% [3] - Gao Fu has a tenure of 223 days with a fund size of 1.557 billion yuan, achieving a best return of 19.07% and a worst return of 18.91% during his management [3]

Core Viewpoint - Longi Technology (300835.SZ) reported its Q3 2025 results, highlighting a decrease in institutional investor holdings and changes in public fund disclosures [1] Institutional Holdings - As of October 26, 2025, four institutional investors disclosed holdings in Longi Technology A-shares, totaling 3.2535 million shares, which represents 2.73% of the total share capital [1] - The institutional holding percentage decreased by 1.08 percentage points compared to the previous quarter [1] Public Fund Disclosures - One new public fund was disclosed in this period, namely the Huaan Strategy Preferred Mixed A Fund [1] - A total of 44 public funds were not disclosed in this quarter, including notable funds such as Huashang New Trend Preferred Mixed and Huaan Quality Selection Mixed A [1]

Core Insights - Longi Technology reported a revenue of 937 million yuan for the first three quarters of 2025, representing a year-on-year growth of 11.43% [1] - The net profit for the same period was 133 million yuan, showing a year-on-year increase of 34.10% [1] Financial Performance - Revenue for the first three quarters: 937 million yuan, up 11.43% year-on-year [1] - Net profit for the first three quarters: 133 million yuan, up 34.10% year-on-year [1]

人民财讯10月26日电，龙磁科技（300835）10月26日发布2025年三季报，公司第三季度营业收入3.46亿 元，同比增长21.30%；净利润4806.18万元，同比增长38.33%。2025年前三季度营业收入9.37亿元，同 比增长11.43%；净利润1.33亿元，同比增长34.10%。 ...

智通财经APP讯，龙磁科技(300835.SZ)发布2025年三季度报告，该公司前三季度营业收入为9.37亿元， 同比增长11.43%。归属于上市公司股东的净利润为1.33亿元，同比增长34.10%。归属于上市公司股东的 扣除非经常性损益的净利润为1.18亿元，同比增长34.99%。基本每股收益为1.1169元。 ...