证券代码：301622 证券简称：英思特 公告编号：2025-049 包头市英思特稀磁新材料股份有限公司 第四届董事会第二次会议决议公告 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。 一、董事会会议召开情况 包头市英思特稀磁新材料股份有限公司（以下简称"公司"）第四届董事会第 二次会议通知已于 2025 年 8 月 13 日通过邮件方式送达全体董事。会议于 2025 年 8 月 23 日以现场及通讯表决相结合的方式在公司会议室召开，其中费卫民、 许宝文、马春茹、胡凤霞通过通讯表决方式出席会议。本次会议应出席董事 6 名，实际出席董事 6 名。会议由董事长周保平先生召集并主持，公司高级管理人 员列席了会议。本次会议的召集、召开和表决程序符合《中华人民共和国公司法》 等法律、法规、规范性文件和《公司章程》的有关规定，会议合法、有效。 二、董事会会议审议情况 经与会董事认真讨论，审议并通过如下事项： 1、审议通过了《关于公司＜2025 年半年度报告＞全文及其摘要的议案》 公司董事会严格按照《证券法》及《深圳证券交易所创业板股票上市规则》 等规定，并根据公司自身实际 ...

Financial Performance - The company reported a revenue of RMB 500 million for the first half of 2025, representing a 20% increase compared to the same period in 2024[1]. - The company has set a revenue guidance of RMB 1.2 billion for the full year 2025, which reflects a 25% year-over-year growth expectation[1]. - The company's operating revenue for the reporting period was approximately ¥592.07 million, representing a year-on-year increase of 22.39% compared to ¥483.75 million in the same period last year[20]. - The net profit attributable to shareholders was approximately ¥76.98 million, up 38.32% from ¥55.66 million in the previous year[20]. - The total comprehensive income for the period was ¥75,539,478.38, compared to ¥56,005,282.27, reflecting an increase of approximately 34.9% year-over-year[177]. - The company reported a total profit of ¥85,883,427.38, compared to ¥62,060,349.19, reflecting an increase of approximately 38.3% year-over-year[176]. - The company reported a net profit distribution of 372 million, with a profit allocation of 2.0 million to shareholders[188]. User Growth and Market Expansion - User data indicates a growth in customer base by 15%, reaching a total of 1.2 million active users[1]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in sales from this region by the end of 2025[1]. - The company reported a significant increase in user data, with a 29% growth in active users compared to the last reporting period[188]. Product Development and Innovation - New product development includes the launch of a high-efficiency magnetic material, projected to increase market share by 10% in the next year[1]. - The company is leveraging its magnetic circuit design technology to optimize product performance for smart terminal devices, responding quickly to customer needs[32]. - The company has initiated new product development strategies aimed at expanding its market share in the rare earth materials sector[191]. - The company plans to enhance its research and development efforts, focusing on innovative technologies to improve production efficiency[191]. Research and Development - Research and development expenses increased by 15%, totaling RMB 75 million, to support innovation initiatives[1]. - Research and development expenses amounted to ¥32,649,829.90, accounting for 5.51% of total revenue, with an increase of 8.89% from ¥29,985,492.84 in the previous year[64]. - The company plans to invest 1.4 billion in research and development for new technologies in the upcoming year[188]. Strategic Initiatives - A strategic acquisition of a local competitor is in progress, expected to enhance production capacity by 40%[1]. - The company is exploring potential mergers and acquisitions to enhance its market position and diversify its product offerings[188]. - The company has established a complete industrial chain from the production of sintered NdFeB to finished single magnets and magnetic component devices[51]. Financial Management and Cash Flow - The net cash flow from operating activities decreased by 32.84% to approximately ¥49.49 million, down from ¥73.69 million in the same period last year[20]. - The company reported a significant increase in financial expenses, with a reduction of 65.92% in net financial expenses to -¥1,846,101.41, attributed to a decrease in foreign exchange losses[64]. - The company has a cash management strategy for temporarily idle funds, which has generated an interest income of 11.49 million CNY[82]. Risks and Challenges - The company faces risks related to raw material price fluctuations, which could impact profit margins if not managed effectively[1]. - The company is exposed to exchange rate fluctuations, particularly as a large portion of revenue is in USD[97]. - The company faces risks from fluctuations in raw material prices, particularly praseodymium and neodymium, which significantly impact product costs[93]. Corporate Governance and Social Responsibility - The company ensures compliance with laws and regulations, maintaining a governance structure that includes shareholders, the board of directors, and supervisory committees[109]. - The company actively engages in corporate social responsibility, focusing on education support, environmental protection, and care for vulnerable groups[122]. - The company achieved zero fatalities and serious injuries in production safety, with a 100% rectification rate for safety hazards during the reporting period[120]. Shareholder Information - The company issued 28,982,970 shares in its initial public offering (IPO), bringing the total share capital to 115,931,880 shares[150]. - Major shareholders include Zhou Baoping with 17,025,669 shares and Fei Weimin with 13,797,139 shares, both of which are subject to lock-up until December 4, 2027[152]. - The total number of ordinary shareholders at the end of the reporting period is 24,256[156].

核查意见 华泰联合证券有限责任公司 关于包头市英思特稀磁新材料股份有限公司 使用部分闲置募集资金临时补充流动资金的核查意见 华泰联合证券有限责任公司（以下简称"华泰联合证券"或"保荐人"）作 为包头市英思特稀磁新材料股份有限公司（以下简称"英思特"或"公司"）首 次公开发行股票并在创业板上市持续督导阶段的保荐人，根据《证券发行上市保 荐业务管理办法》《上市公司募集资金监管规则》《深圳证券交易所创业板股票上 市规则》《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规 范运作》及《深圳证券交易所上市公司自律监管指引第 13 号——保荐业务》等 有关规定，对英思特拟使用部分闲置募集资金临时补充流动资金的相关事项进行 了核查，具体核查情况如下： 一、募集资金的基本情况 经中国证券监督管理委员会《关于同意包头市英思特稀磁新材料股份有限公 司首次公开发行股票注册的批复》（证监许可〔2024〕1376 号）核准，英思特 向社会公开发行人民币普通股（A 股）2,898.297 万股，发行价格为每股 22.36 元， 募集资金总额为人民币 64,805.92 万元，扣除发行费用 7,747.67 万元后，实际募 ...

华泰联合证券有限责任公司 关于包头市英思特稀磁新材料股份有限公司 2025 年上半年持续督导跟踪报告 | 保荐人名称：华泰联合证券有限责任公司 | 被保荐公司简称：英思特 | | --- | --- | | 保荐代表人姓名：周子宜 | 联系电话：0755-8190 2000 | | 保荐代表人姓名：易桂涛 | 联系电话：0755-8190 2000 | 一、保荐工作概述 | 项目 | 工作内容 | | --- | --- | | 1.公司信息披露审阅情况 | | | | 是，已对英思特从 年 月 日至 月 2025 1 1 6 30 | | （1）是否及时审阅公司信息披露文件 | 日披露的定期报告和临时报告等各类信息披 | | | 露文件及时进行了审阅 | | （2）未及时审阅公司信息披露文件的次数 | 0 次 | | 2．督导公司建立健全并有效执行规章制度的情况 | | | （1）是否督导公司建立健全规章制度（包括 | 是，已督导公司建立健全防止关联方资金占用 | | 但不限于防止关联方占用公司资源的制度、 | 的制度、募集资金管理制度、关联交易管理制 | | 募集资金管理制度、内控制度、内部审计制 | 度 ...

Group 1 - The core stock price of YS Technology as of August 21, 2025, is 90.25 CNY, reflecting a decrease of 1.70 CNY or 1.85% from the previous trading day [1] - The stock opened at 91.74 CNY, reached a high of 93.81 CNY, and a low of 89.75 CNY, with a trading volume of 46,107 lots and a total transaction amount of 421 million CNY [1] - YS Technology specializes in the research, production, and sales of rare earth permanent magnet materials and related products, with applications in new energy and energy-saving environmental protection sectors [1] Group 2 - As a high-tech enterprise in Inner Mongolia, YS Technology has a certain level of technological accumulation and market advantage in the field of rare earth permanent magnet materials [1] - On August 21, 2025, the net outflow of main funds for YS Technology was 55.56 million CNY, with a cumulative net outflow of 84.83 million CNY over the past five trading days [1] - Notably, around 9:35 AM on the same day, YS Technology's stock price experienced a rapid rebound, increasing by over 2% within five minutes, reaching a peak of 93 CNY [1]

Company Overview - Full Name: Baotou Yinstar Rare Magnetic New Materials Co., Ltd [1] - Abbreviation: Yinstar [1] - Stock Code: 301622.SZ [1] - IPO Application Date: September 20, 2022 [1] - Listing Date: December 4, 2024 [1] - Listing Board: Shenzhen ChiNext [1] - Industry: Manufacturing of Computers, Communications, and Other Electronic Devices [1] - IPO Sponsor: Huatai United Securities [1] - Lead Underwriters: Huatai United Securities [1] - Legal Advisor: Guohao Law Firm (Beijing) [1] - Audit Firm: Rongcheng Accounting Firm (Special General Partnership) [1] Performance Evaluation - Disclosure Situation: Required to analyze the authenticity and completeness of waste material revenue recognition; required to enhance risk warnings regarding significant fluctuations in raw material prices in the prospectus [1] - Regulatory Penalties: No deductions [2] - Public Supervision: No deductions [2] - Listing Cycle: Yinstar's listing cycle is 806 days, longer than the average of 629.45 days for A-share companies listed in 2024 [2] - Multiple Applications: Not applicable, no deductions [2] Financial Metrics - Issuance Costs and Rate: Underwriting and sponsorship fees amount to 51.8447 million yuan, with a commission rate of 8.00%, higher than the average of 7.71% [3] - Initial Listing Performance: Stock price increased by 347.23% on the first day of listing [4] - Three-Month Performance: Stock price increased by 258.65% within three months post-listing [5] - Issuance Price-Earnings Ratio: Yinstar's issuance P/E ratio is 21.63 times, which is 52.67% of the industry average of 41.07 times [6] - Actual Fundraising Ratio: Expected fundraising of 683 million yuan, with actual fundraising of 648 million yuan, a decrease of 5.16% [7] Short-Term Performance Post-Listing - Revenue Growth: Company revenue increased by 24.54% year-on-year [8] - Net Profit Growth: Net profit attributable to shareholders increased by 28.15% year-on-year [8] - Non-recurring Net Profit Growth: Non-recurring net profit attributable to shareholders increased by 30.29% year-on-year [8] - Abandonment Rate: Abandonment rate is 0.26% [8] Overall Score - Total Score: Yinstar's IPO project scored 86.5 points, classified as Grade B [8] - Negative Factors: Disclosure quality needs improvement, lengthy listing cycle, high issuance cost rate, reduced actual fundraising amount, and abandonment rate of 0.26% [8]

Group 1 - The core stock price of Yingst (301622) closed at 91.28 yuan, with an increase of 0.8% and a turnover rate of 21.44% as of August 19, 2025 [1] - The company's total revenue for Q1 2025 was 263 million yuan, representing a year-on-year growth of 11.42%, while the net profit attributable to shareholders was 40.99 million yuan, up 109.05% year-on-year [1] - Yingst has a current ratio of 2.763, a quick ratio of 2.202, and a debt-to-asset ratio of 27.71% [1] Group 2 - Yingst has made investments in 6 companies and participated in 317 bidding projects [2] - The company holds 26 trademark registrations and 458 patents, along with 50 administrative licenses [2]

Group 1 - The company, Instech (301622), responded to investor inquiries on August 15, indicating that some collaborations with clients involve commercial confidentiality agreements [1] - The company emphasizes its strict adherence to the "Management Measures for Information Disclosure of Listed Companies" and exchange regulations [1] - The company insists on fulfilling its information disclosure obligations under compliance while addressing investor concerns regarding collaboration matters [1]

Core Viewpoint - The stock price of YS Tech has decreased by 3.00 CNY to 84.60 CNY, indicating a downward trend in the market [1] Company Overview - YS Tech operates in the electronic components industry, focusing on the research, production, and sales of rare earth permanent magnet materials [1] - The company is located in Inner Mongolia and is a significant producer of rare earth permanent magnet materials in the western region of China [1] Recent Developments - On August 14, YS Tech announced on its investor interaction platform that its developed MIM NdFeB preparation technology can overcome traditional process limitations regarding product shapes, enabling mass production of complex-shaped metal parts [1] - The technology has received invention patent authorization, and the company is actively developing other core technologies for mass production [1] Market Activity - On August 14, the net outflow of main funds was 61.99 million CNY, accounting for 2.53% of the circulating market value [1] - Over the past five trading days, the cumulative net outflow reached 160.96 million CNY, representing 6.56% of the circulating market value [1]

Core Viewpoint - The company has developed a patented MIM injection molding process for neodymium iron boron magnets, which addresses limitations of traditional metal powder molding techniques and enhances production efficiency and material utilization [2]. Group 1: Technology and Innovation - The MIM technology allows for the mass production of complex-shaped metal parts, significantly improving material utilization and achieving high precision and consistency in products [2]. - The invention aims to reduce carbon content in MIM neodymium iron boron magnets, addressing issues related to low magnetic performance, low yield rates, and production efficiency [2]. - The company is actively developing and reserving other core technologies to achieve mass production of MIM neodymium iron boron magnetic devices [2].