Financial Performance - The company's revenue for Q3 2025 reached ¥434,593,697.39, representing a year-on-year increase of 19.03% and a cumulative revenue of ¥1,026,659,626.37 for the year, up 20.94%[5] - Net profit attributable to shareholders decreased by 44.36% in Q3 to ¥45,548,859.25, with a year-to-date net profit of ¥122,533,182.55, down 10.90%[5] - Basic and diluted earnings per share fell by 58.51% to ¥0.39 for the quarter, with a year-to-date figure of ¥1.06, down 32.91%[5] - Total operating revenue for the current period reached ¥1,026,659,626.37, an increase of 20.9% compared to ¥848,877,513.33 in the previous period[23] - Total operating costs amounted to ¥897,845,059.67, up 29.6% from ¥692,723,909.14 in the prior period[23] - Net profit for the current period was ¥122,533,080.97, a decrease of 10.9% from ¥137,523,165.46 in the previous period[24] - Operating profit decreased to ¥134,408,958.00, down 14.5% from ¥157,301,205.95 in the last period[24] - The company reported a basic earnings per share of ¥1.06, down from ¥1.58 in the previous period[25] Assets and Liabilities - Total assets increased by 7.99% to ¥2,447,139,581.18 compared to the end of the previous year[5] - The total liabilities stood at CNY 1,554,041,974.02, indicating a significant portion of the total assets[19] - The total liabilities increased to ¥884,780,490.53 from ¥780,097,100.99, showing a rise of 13.4%[21] - The total equity attributable to shareholders rose to ¥1,560,709,192.23, compared to ¥1,485,877,979.85, marking an increase of 5.0%[21] Cash Flow - Operating cash flow decreased by 46.28% to ¥36,793,037.69 from ¥68,490,810.15, primarily due to increased cash payments to employees[12] - Investment cash flow worsened by 153.92%, with a net outflow of ¥297,607,171.80 compared to ¥117,205,637.42, mainly due to increased purchases of financial products and fixed asset investments[12] - Financing cash flow significantly declined by 1614.00%, resulting in a net outflow of ¥158,178,177.37, attributed to a reduction in bank borrowings[12] - The total cash and cash equivalents at the end of the period were $301,688,128.25, down from $724,630,097.99 at the beginning of the period[27] - The company reported a total cash outflow of $918,548,042.58 from operating activities, an increase of 23.1% from $745,951,886.36[27] Inventory and Receivables - The company reported a significant increase in accounts receivable financing, up 14,768.52% to ¥2,765,544.02, attributed to an increase in high-credit bank acceptance bills[9] - Inventory rose by 56.48% to ¥468,686,035.05, driven by business scale growth and rising raw material prices[9] - Current assets decreased to CNY 1,554,041,974.02 from CNY 1,621,350,972.84, primarily due to a reduction in cash and cash equivalents[19] - Inventory increased significantly to CNY 468,686,035.05, up from CNY 299,526,385.92, indicating a 56.5% rise[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,140, with no preferred shareholders having restored voting rights[14] - The largest shareholder, Zhou Baoping, holds 14.69% of shares, amounting to 17,025,669 shares[14] - The second-largest shareholder, Fei Weimin, owns 11.90% of shares, totaling 13,797,139 shares[14] - The third-largest shareholder, Wang Shichang, possesses 9.12% of shares, equating to 10,568,608 shares[14] - The top ten shareholders collectively hold significant stakes, with the largest non-natural person shareholder, Baotou Yingsite Limited Partnership, owning 7.14%[14] - There are no preferred shareholders with restored voting rights, indicating a focus on ordinary shareholders[14] Expenses and Investments - Management expenses increased by 69.06% to ¥48,428,851.70, primarily due to higher salaries and depreciation costs[11] - Financial expenses surged by 402.74% to ¥4,870,263.06, mainly due to a decrease in net exchange gains compared to the previous year[11] - The company recorded a 1612.14% increase in asset disposal income to ¥1,458,705.91, resulting from increased fixed asset disposals[11] - Research and development expenses increased to ¥52,986,666.49, up from ¥45,468,150.26, indicating a focus on innovation[24] Future Plans - The company plans to expand its operations in Vietnam, with significant investments in new facilities and renovations[9] - The company plans to release new products and expand its market presence in the upcoming quarters[18] - The company is focusing on enhancing its research and development capabilities to drive future growth[18]

证券代码：301622 证券简称：英思特 公告编号：2025-058 包头市英思特稀磁新材料股份有限公司 关于召开 2025 年第三次临时股东会的通知 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。 一、召开会议的基本情况 1、股东会届次：2025 年第三次临时股东会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《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》等法律、行政法规、部门 规章、规范性文件及《公司章程》的有关规定。 4、会议时间： （1）现场会议时间：2025 年 11 月 12 日 15:30 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 11 月 12 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网投票系统投票的具体时间为 2025 年 11 月 12 日 9:15 至 15:00 的任意时间。 5、会议的召开方式：现场表决与网络投票相结合。 6、会议的股权登记日：2 ...

Core Viewpoint - The stock of YS Technology has shown a year-to-date increase of 29.22%, despite recent declines in the short term, indicating potential volatility in the market [1][2]. Company Overview - YS Technology, established on June 28, 2011, is located in Baotou, Inner Mongolia, and specializes in the research, production, and sales of rare earth permanent magnetic materials [1]. - The company's main revenue sources are magnetic component application devices (50.02%), single magnetic body application devices (40.23%), and other supplementary products (9.75%) [1]. Financial Performance - For the first half of 2025, YS Technology reported a revenue of 592 million yuan and a net profit attributable to shareholders of 76.98 million yuan, reflecting a year-on-year growth of 38.32% [2]. - Since its A-share listing, the company has distributed a total of 46.37 million yuan in dividends [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders decreased by 12.14% to 16,100, with an average of 1,795 circulating shares per person, an increase of 13.82% [2]. - Notable new institutional shareholders include Southern CSI 1000 ETF, Huaxia CSI 1000 ETF, and Harvest CSI Rare Earth Industry ETF, indicating growing institutional interest [3].

Core Viewpoint - The metal new materials sector experienced a rise of 1.78% on October 21, with significant contributions from leading stocks like Placo New Materials [1] Group 1: Market Performance - The Shanghai Composite Index closed at 3916.33, up 1.36% [1] - The Shenzhen Component Index closed at 13077.32, up 2.06% [1] Group 2: Individual Stock Performance - Tianhe Magnetic Materials (603072) closed at 49.36, down 1.48% with a trading volume of 39,300 lots [1] - Jinli Permanent Magnet (300748) closed at 39.91, down 1.02% with a trading volume of 603,900 lots [1] - Zhongke Magnetic Industry (301141) closed at 60.15, down 0.66% with a trading volume of 32,200 lots [1] - Zhenghai Magnetic Materials (300224) closed at 16.73, down 0.06% with a trading volume of 253,400 lots [1] - Ningbo Yunsheng (600366) closed at 14.21, up 0.28% with a trading volume of 282,500 lots [1] - Youyan Powder Materials (688456) closed at 45.55, up 0.49% with a trading volume of 11,600 lots [1] - Insite (301622) closed at 80.73, up 0.71% with a trading volume of 10,100 lots [1] - Yingyubiao (000795) closed at 10.75, up 0.75% with a trading volume of 159,100 lots [1] - Galaxy Magnetic Materials (300127) closed at 35.60, up 0.76% with a trading volume of 165,800 lots [1] - Zhongke Sanhuan (000970) closed at 13.95, up 0.94% with a trading volume of 210,500 lots [1] Group 3: Capital Flow - The metal new materials sector saw a net outflow of 5.57 million yuan from main funds, while retail investors contributed a net inflow of 20.7 million yuan [1]

Core Viewpoint - On October 16, 2023, Yinstar experienced a decline of 2.47% in stock price, with a trading volume of 140 million yuan, indicating a negative sentiment in the market [1] Financing and Trading Data - On October 16, Yinstar had a financing buy-in amount of 11.21 million yuan and a financing repayment of 15.62 million yuan, resulting in a net financing outflow of 4.41 million yuan [1] - As of October 16, the total financing and securities lending balance for Yinstar was 19.4 million yuan, with the current financing balance accounting for 8.27% of the circulating market value [1] - In terms of securities lending, Yinstar repaid 200 shares and sold 100 shares on October 16, with a selling amount of 8,085 yuan at the closing price [1] Company Overview - Yinstar, officially known as Baotou Yinstar Rare Magnetic New Materials Co., Ltd., is located in Baotou City, Inner Mongolia, and was established on June 28, 2011, with a listing date set for December 4, 2024 [1] - The company's main business involves the research, production, and sales of rare earth permanent magnet materials, with revenue composition as follows: 50.02% from magnetic component application devices, 40.23% from single magnetic application devices, and 9.75% from other sources [1] Financial Performance - As of September 30, 2023, Yinstar had 16,100 shareholders, a decrease of 12.14% from the previous period, while the average circulating shares per person increased by 13.82% to 1,795 shares [2] - For the first half of 2025, Yinstar reported a revenue of 592 million yuan and a net profit attributable to the parent company of 76.98 million yuan, reflecting a year-on-year growth of 38.32% [2] Dividend and Shareholding Structure - Since its A-share listing, Yinstar has distributed a total of 46.37 million yuan in dividends [3] - As of June 30, 2025, the top ten circulating shareholders included several new entrants, such as Southern CSI 1000 ETF, holding 323,300 shares, and Huaxia CSI 1000 ETF, holding 190,800 shares [3]

Core Insights - On October 13, 2023, YS Tech's stock rose by 5.41%, with a trading volume of 489 million yuan [1] - The company reported a net financing purchase of 5.55 million yuan on the same day, with a total financing and securities balance of 200 million yuan [1] Financial Performance - For the first half of 2025, YS Tech achieved a revenue of 592 million yuan and a net profit attributable to shareholders of 76.98 million yuan, representing a year-on-year growth of 38.32% [2] - Cumulative cash dividends since the A-share listing amount to 46.37 million yuan [2] Shareholder Structure - As of September 30, 2023, the number of YS Tech shareholders decreased by 12.14% to 16,100, while the average circulating shares per person increased by 13.82% to 1,795 shares [2] - New institutional shareholders include Southern CSI 1000 ETF, Huaxia CSI 1000 ETF, and Jiashi CSI Rare Earth Industry ETF, with significant holdings [2]

Group 1 - The core point of the news is the performance and market position of YSST, which saw a 5.09% increase in stock price, reaching 86.44 CNY per share, with a total market capitalization of 10.02 billion CNY [1] - YSST is located in Baotou, Inner Mongolia, and specializes in the research, production, and sales of rare earth permanent magnet materials, with its main business revenue composition being 50.02% from magnetic component application devices, 40.23% from single magnetic application devices, and 9.75% from other sources [1] - The trading volume for YSST was 256 million CNY, with a turnover rate of 10.51% [1] Group 2 - Among YSST's top ten circulating shareholders, Huaxia Fund's Huaxia CSI 1000 ETF (159845) entered the list in the second quarter, holding 190,800 shares, which is 0.66% of the circulating shares [2] - The Huaxia CSI 1000 ETF has a total scale of 38.227 billion CNY and has achieved a year-to-date return of 27.78%, ranking 2036 out of 4220 in its category [2] - The fund manager of Huaxia CSI 1000 ETF is Zhao Zongting, who has been in the position for 8 years and 182 days, with the fund's total asset scale reaching 389.148 billion CNY [3]

Group 1 - The integrated application project for rare earth permanent magnet materials has officially commenced construction in Baotou High-tech Zone, currently in the foundational construction phase [2] - The company is steadily advancing all related work and expanding its technological reserves in the relevant fields to enhance its industrial layout and market competitiveness [2]

Market Performance - The metal new materials sector increased by 1.84% on September 30, with Placo New Materials leading the gains [1] - The Shanghai Composite Index closed at 3882.78, up 0.52%, while the Shenzhen Component Index closed at 13526.51, up 0.35% [1] Stock Performance - Placo New Materials (300811) closed at 84.32, with a rise of 12.44% and a trading volume of 227,600 shares, amounting to 1.93 billion yuan [1] - Other notable performers included: - Yuenan New Materials (688786) at 28.98, up 5.84% [1] - Zhenghai Aomaterials (300224) at 16.84, up 3.95% [1] - Zhongzhou Special Materials (300963) at 18.76, up 3.82% [1] - Tunan Co., Ltd. (300855) at 29.94, up 3.74% [1] Capital Flow - The metal new materials sector experienced a net outflow of 189 million yuan from institutional investors and 83.30 million yuan from speculative funds, while retail investors saw a net inflow of 272 million yuan [2] - Specific stock capital flows included: - Zhenghai Magnetic Materials (300224) with a net inflow of 101 million yuan from institutional investors [2] - Zhongzhou Special Materials (300963) with a net inflow of 39.82 million yuan from institutional investors [2] - An Tai Technology (000969) with a net inflow of 15.40 million yuan from institutional investors [2]

Core Viewpoint - The company, Instech (301622), announced on September 26 that its downstream customers generally adopt a "payment after delivery" model, which aligns with industry practices [1] Summary by Relevant Sections - **Payment Terms**: The payment terms for customers range from 90 days to 150 days, and the company evaluates specific credit policies based on factors such as customer credit status, cooperation history, and order scale [1]