Group 1 - The stock price of Zhongke Magnetic Materials closed at 63.05 yuan on July 30, down by 2.80 yuan, representing a decline of 4.25% [1] - The trading volume on that day was 84,651 lots, with a total transaction amount of 543 million yuan [1] - Zhongke Magnetic Materials primarily engages in the research and production of permanent magnetic materials, including sintered neodymium-iron-boron permanent magnetic materials and permanent ferrite magnets [1] Group 2 - The company has accumulated multiple core technologies through independent research and development, establishing a self-production system characterized by high-quality resource utilization and advanced process technology [1] - On July 30, the net outflow of main funds was 50.994 million yuan, accounting for 1.82% of the circulating market value [1]

Core Viewpoint - The company has focused on the research and production of permanent magnetic materials for many years, developing several mature core technologies through independent research and practical production experience [1] Group 1: Company Overview - The company has established an independent production system for sintered NdFeB permanent magnetic materials and permanent ferrite magnets [1] - The company possesses advanced technical characteristics, including high-quality resource utilization, high-level process technology, high-performance and high-consistency products, and efficient industrial management [1] Group 2: Competitive Advantage - The company's core competitiveness is detailed in the "Management Discussion and Analysis" section of its periodic reports [1]

Group 1 - The company is closely monitoring market opportunities in emerging fields such as robotics and low-altitude economy, actively promoting product development and market expansion to meet market demand [1] - Currently, the company has established cooperation with industry clients in the ultra-lightweight humanoid robotic arm sector, but has not yet achieved significant sales or revenue generation [1] - As of now, these developments have not had a major impact on the company's operating performance [1]

公司回答表示：您好！公司多年来一直专注于永磁材料的研发和生产，在长期理论研究及生产实践的基 础上通过自主研发，逐渐积累起多项成熟的核心技术，构建起烧结钕铁硼永磁材料和永磁铁氧体磁体的 自主生产体系，公司已基本具备资源高质化利用、高水准工艺技术、高性能与高一致性产品、高效产业 化管理等业内一流企业的先进技术特征。公司核心竞争力具体请详见公司定期报告"管理层讨论与分 析"章节，谢谢。责任编辑：栎树 金融界7月30日消息，有投资者在互动平台向中科磁业提问：贵公司在同行业中的核心优势是什么？ ...

Group 1: ETF Performance - The Rare Metals ETF has a turnover rate of 6.87% with a transaction volume of 83.93 million yuan, and it ranks first among comparable funds in terms of average daily trading volume over the past week at 131 million yuan [3] - The latest scale of the Rare Metals ETF reached 1.22 billion yuan, marking a one-year high and ranking first among comparable funds [3] - The ETF's shares reached 1.843 billion, a three-month high, also ranking first among comparable funds [3] - Over the past six days, the Rare Metals ETF has seen continuous net inflows, with a single-day peak of 50.91 million yuan, totaling 177 million yuan in net inflows [3] - As of July 28, 2025, the ETF's net value has increased by 59.46% over the past year, ranking 267 out of 2938 in the index stock fund category, placing it in the top 9.09% [3] - The ETF has recorded a maximum monthly return of 24.02% since its inception, with the longest consecutive monthly gains being three months and the longest gain percentage being 14.06%, averaging a monthly return of 7.76% [3] - The ETF has outperformed its benchmark with an annualized return of 9.87% over the past three months [3] Group 2: Market Insights - Huatai Securities notes that the domestic "anti-involution" policies are intensifying, combined with recent overseas fiscal and monetary easing, leading to strong performance in the metals sector [4] - The price of polysilicon has successfully recovered, boosting market confidence, which has spilled over into lithium carbonate and alumina [4] - Lithium, cobalt, and rare earths have found price bottoms from a cost perspective, with independent factors driving price increases, such as stricter mining rights reviews for lithium and strategic enhancements and shortages for rare earths [4] - Zhongyou Securities highlights that the Democratic Republic of the Congo has banned cobalt exports since February, with extensions in June, leading to a depletion of in-transit cobalt mines, and anticipates that the peak season in September and October will drive inventory reductions [4] - The top ten weighted stocks in the China Rare Metals Theme Index as of June 30, 2025, include Salt Lake Co., Northern Rare Earth, Luoyang Molybdenum, Huayou Cobalt, Ganfeng Lithium, Tianqi Lithium, China Rare Earth, Western Superconducting, Zhongmin Resources, and Xiamen Tungsten, collectively accounting for 54.07% of the index [4]

Core Viewpoint - The rare earth permanent magnet concept stocks have strengthened again, with notable gains in several companies, driven by significant profit growth forecasts in their mid-year reports [1] Company Performance - Zhongse Co., Ltd. has reached the daily limit increase in stock price [1] - Jiuwu High-Tech has increased by over 10% [1] - Huahong Technology and Northern Rare Earth have both risen by over 5% [1] - Other companies such as Baogang Co., Jintian Co., Jiuling Technology, Zhongke Magnetic Industry, and Shenghe Resources have also seen stock price increases [1] Profit Forecasts - Huahong Technology expects a year-on-year net profit growth of 3047% to 3722% for the first half of the year [1] - Northern Rare Earth anticipates a year-on-year net profit growth of 1883% to 2015% for the same period [1]

Core Viewpoint - On July 14, the Shanghai Composite Index rose by 0.27%, with institutional investors appearing on the trading lists of 35 stocks, net buying 19 and net selling 16 [1] Institutional Trading Summary - Institutional special seats net bought the most in Xiangyang Bearing, which closed at the daily limit with a turnover rate of 27.67% and a transaction amount of 2.076 billion yuan, net buying 110.74 million yuan [2] - San Chuan Wisdom closed up 15.27% with a turnover rate of 32.50%, net buying 75.27 million yuan, but had a net outflow of 35.2 million yuan [2] - Zhongke Magnetic Industry closed down 5.10% with a turnover rate of 45.77%, net buying 53.99 million yuan, but had a net outflow of 49.77 million yuan [2] Market Performance - The average increase of stocks with institutional net purchases was 2.36%, outperforming the Shanghai Composite Index [3] - Stocks like Changrong Co. and Xinling Electric showed strong performance, closing at the daily limit [3] - Historical data indicates a 52.06% probability of stocks with institutional net purchases rising the next day, and a 39.70% probability of rising in the following three days [3] Earnings Forecasts - Among the stocks with institutional net purchases, four have released half-year earnings forecasts, with Yuhua Development expected to have a net profit of 200 million yuan, a year-on-year increase of 708% [3] Net Selling Summary - The stock with the highest net selling by institutions was Siyuan Electric, with a net selling amount of 162.84 million yuan, while also seeing a net inflow of 98.77 million yuan [3] - Dazhihui was noted for a net selling of 120.24 million yuan, with a significant net outflow of 433 million yuan [4] Deep and Shanghai Stock Connect - On July 14, 15 stocks on the trading list had appearances from the Deep and Shanghai Stock Connect, with Siyuan Electric and Zhongke Jincai seeing net purchases of 139 million yuan and 113 million yuan respectively [7][8] - Stocks like Hengbao Co. and Greenland Holdings experienced significant net selling amounts of 193 million yuan and 79.38 million yuan respectively [8]

Market Overview - The ChiNext Index fell by 0.45%, closing at 2197.07 points, with a total trading volume of 387.28 billion yuan, a decrease of 72.736 billion yuan from the previous trading day [1] - Among the tradable ChiNext stocks, 832 stocks closed higher, with 14 stocks rising over 10%, while 522 stocks closed lower, including 4 stocks that fell over 10% [1] Trading Activity - The average turnover rate for ChiNext stocks today was 3.84%, with 40 stocks having a turnover rate exceeding 20% [1] - The stock with the highest turnover rate was Xinling Electric, which closed at a limit-up with a turnover rate of 70.84% and a trading volume of 760 million yuan [1] - C Tongyu, a newly listed stock, saw a decline of 12.50% with a turnover rate of 54.09% and a trading volume of 1 billion yuan [1][2] Institutional Activity - Eight high-turnover ChiNext stocks appeared on the Dragon and Tiger List, indicating significant institutional trading activity [3] - Institutions were net buyers in stocks like San Chuan Wisdom and Zhongke Magnetic Materials, with net purchases of 75.27 million yuan and 53.99 million yuan, respectively [3] Fund Flow - Among high-turnover stocks, 20 experienced net inflows from main funds, with Long Rong Shares and Xinling Electric seeing net inflows of 136 million yuan and 105 million yuan, respectively [4] - Conversely, Shanghai Steel Union and Changliang Technology faced significant net outflows of 429 million yuan and 418 million yuan [4] Performance Highlights - C Tongyu is expected to report a net profit of approximately 78.21 million yuan, reflecting a year-on-year increase of 4.11% [4] - The top-performing stocks today included Long Rong Shares and Xinling Electric, with increases of 20.03% and 19.99%, respectively [2][4]

Core Viewpoint - Zhongke Magnetic Industry experienced a significant increase of 14.77% in stock price, with a turnover rate of 58.53% and a trading volume of 1.887 billion yuan, indicating strong market interest and activity [2] Trading Activity - The stock was listed on the Dragon and Tiger list due to its high turnover rate, with institutional net purchases amounting to 16.4078 million yuan [2] - The top five trading departments had a combined transaction volume of 199 million yuan, with a net purchase of 51.1833 million yuan [2] - A specific institutional seat was the largest buyer, purchasing 29.3402 million yuan while selling 12.9324 million yuan, resulting in a net purchase of 16.4078 million yuan [2] Historical Performance - Over the past six months, the stock has appeared on the Dragon and Tiger list nine times, with an average price increase of 2.66% the following day and an average increase of 0.65% over the next five days [2] Capital Flow - The stock saw a net outflow of 4.9053 million yuan in principal funds today, with a significant inflow of 27.0379 million yuan from large orders, while large orders experienced a net outflow of 31.9432 million yuan [2] - In the last five days, the net outflow of principal funds totaled 84.8429 million yuan [2]

Group 1: Liquidity and Scale of Rare Metal ETFs - The rare metal ETF had an intraday turnover of 3.5%, with a transaction volume of 30.73 million yuan [3] - Over the past week, the average daily transaction volume of the rare metal ETF reached 37.71 million yuan, ranking first among comparable funds [3] - In the past year, the rare metal ETF's scale increased by 16.82 million yuan, also ranking first among comparable funds [3] - The latest margin buying amount for the rare metal ETF reached 2.08 million yuan, with a margin balance of 21.28 million yuan [3] Group 2: Performance and Returns - As of July 10, the net value of the rare metal ETF increased by 30.36% over the past year [3] - The highest monthly return since inception was 24.02%, with the longest consecutive monthly gains being 3 months and the longest gain percentage being 14.06% [3] - The average return during the rising months was 7.76% [3] Group 3: Industry Insights and Recommendations - The lithium sector is currently in a bottom oscillation phase, with solid-state battery industrialization accelerating and energy storage demand expected to surge [3] - The new energy storage installations are projected to grow by 140% year-on-year in 2024, which may serve as a core catalyst [3] - Companies with strong cost control in lithium extraction from salt lakes and those with overseas resource layouts are recommended for attention [3] Group 4: Rare Earth Market Dynamics - The implementation of the Rare Earth Management Regulations is expected to enhance compliance capacity concentration, with a growth rate of 5.9% in 2024 [4] - The supply-demand gap for praseodymium and neodymium oxide is anticipated to widen starting in 2025, with a focus on light rare earth leading enterprises [4] - The strategic position of rare earths is significant due to U.S. tariff policies, which may positively impact company performance [4] Group 5: Key Stocks in Rare Metal Sector - The top ten weighted stocks in the CSI Rare Metal Theme Index include Salt Lake Co., Northern Rare Earth, Luoyang Molybdenum, and others, accounting for 54.07% of the total weight [4] - Notable stock performances include Northern Rare Earth with a 9.85% increase and Salt Lake Co. with a 0.86% increase [6] Group 6: Investment Opportunities - Investors can also participate in the rare metal sector through the Rare Metal ETF linked fund (014111) [7]