Core Viewpoint - The company Jinli Permanent Magnet (06680) reported a revenue of 5.373 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 7.16%, and a net profit attributable to shareholders of 515 million yuan, marking a significant increase of 161.81% [1] Revenue Breakdown - The sales revenue from the new energy vehicles and auto parts sector reached 2.615 billion yuan, with a corresponding sales volume growth of 23.46% [1] - The energy-saving variable frequency air conditioning sector generated sales revenue of 1.446 billion yuan, with a sales volume increase of 18.48% [1] - Overseas sales revenue amounted to 942 million yuan, accounting for 17.54% of total revenue, remaining stable compared to the same period last year [1] - Sales revenue from exports to the United States was 354 million yuan, representing 6.58% of total revenue, with a year-on-year growth of 43.92% [1] Market Conditions and Strategies - The prices of major rare earth raw materials showed an overall upward trend compared to the same period last year, prompting the company to adjust its raw material inventory strategy to mitigate price volatility risks [1] - The company has received strong recognition from domestic and international clients, further solidifying its operational stability and sustainability [1] - As of the date of the announcement, the company has a sufficient order backlog for the fourth quarter [1]

Core Points - The company Jinli Permanent Magnet (300748)(06680) announced the resignation of non-executive director Mr. Li Xiaoguang from the board and the strategic committee due to work adjustments [1] Summary by Category - **Company Announcement** - The board of directors received a written resignation from Mr. Li Xiaoguang on October 20, 2025 [1] - The resignation is effective immediately [1]

格隆汇10月20日丨金力永磁(06680.HK)公告，于2025年10月20日收到公司非执行董事李晓光递交的书面 辞呈。由于工作调整原因，李晓光向董事会请辞公司非执行董事及董事会战略委员会委员职务。以上辞 任即日生效。 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥1,865,909,777.54, representing a year-on-year increase of 12.91%[10] - Net profit attributable to shareholders was ¥210,505,861.11, a significant increase of 172.65% compared to the same period last year[10] - The basic earnings per share for the quarter was ¥0.15, reflecting a growth of 150.00% year-on-year[10] - The company's operating revenue reached 5.373 billion yuan, a year-on-year increase of 7.16%, with core business revenue at 4.899 billion yuan, up 12.59%[32] - Gross profit margin improved to 19.49%, an increase of 9.46 percentage points compared to the same period last year[32] - Net profit attributable to shareholders was 515 million yuan, a significant year-on-year growth of 161.81%, while net profit excluding non-recurring gains and losses surged by 381.94% to 430 million yuan[32] - Operating profit significantly increased to ¥571,753,894.77, up from ¥220,314,294.24, marking a growth of 159.5%[41] - Net profit for the current period was ¥524,281,832.36, compared to ¥200,571,833.10 in the previous period, representing a growth of 161.5%[41] - Total comprehensive income for the current period reached approximately ¥533 million, a significant increase from ¥173 million in the previous period, representing a growth of 207%[43] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥14,719,678,270.37, marking a 19.70% increase from the previous year[10] - The company's equity attributable to shareholders increased to ¥7,222,950,788.55, up by 2.95% compared to the end of the previous year[10] - Total liabilities increased to ¥7,385,932,565.59 from ¥5,179,863,454.31, a rise of 42.7%[38] - Current liabilities due within one year increased significantly by 6,719.88% to approximately $685.16 million, primarily due to the increase in large certificates of deposit maturing within the reporting period[16] - Total current assets increased to approximately 10.288 billion yuan from 7.692 billion yuan at the beginning of the period[35] Cash Flow - The company reported a cash flow from operating activities of -¥199,007,204.06, indicating a significant decline of 196.10%[10] - Operating cash flow net amount decreased by 196.10% to approximately -$199.01 million, mainly due to increased procurement of raw materials[19] - Cash inflow from investment activities totaled approximately ¥872 million, while cash outflow was around ¥1.52 billion, resulting in a net cash outflow of approximately ¥648 million[47] - Cash inflow from financing activities was approximately ¥2.35 billion, with a net cash inflow of about ¥1.69 billion after accounting for cash outflows[48] Shareholder Information - The total number of common shareholders at the end of the reporting period was 134,044[20] - The largest shareholder, Jiangxi Ruide Venture Capital Co., Ltd., holds 28.29% of the shares, amounting to 387,100,160 shares[21] - HKSCC Nominees Limited holds 227,640,800 shares, indicating strong foreign investment interest in the company[24] - The company reported a 0.93% shareholding by Industrial and Commercial Bank of China, reflecting diverse institutional investment[24] - The company has a total of 2,550,720 shares under lock-up conditions due to executive resignation, which may impact future share liquidity[28] Operational Developments - The company has established a new business unit focused on rubber soft magnetic materials, investing in a fully automated production line to enhance its product offerings[31] - The company aims to provide a full range of magnetic material solutions, integrating existing products with new developments to create greater value for customers[30] - The company has delivered small batches of products in the fields of embodied robotics and low-altitude drones, indicating progress in new technology applications[31] - The management team is committed to stable and compliant operational strategies, focusing on market expansion through technological innovation and organizational optimization[29] - The company has established long-term stable partnerships with leading enterprises in various fields, enhancing its market position[29] Research and Development - Research and development expenses grew by 37.31% to approximately $315.88 million, attributed to increased raw material costs for R&D[18] - Research and development expenses increased to ¥315,878,525.67, up from ¥230,044,877.75, reflecting a growth of 37.2%[40] Market Performance - Sales revenue from the new energy vehicle and auto parts sector reached 2.615 billion yuan, with a corresponding sales volume increase of 23.46%[32] - The energy-saving variable frequency air conditioning sector generated sales revenue of 1.446 billion yuan, reflecting an 18.48% year-on-year growth in sales volume[32] - Overseas sales revenue amounted to 942 million yuan, accounting for 17.54% of total operating revenue, remaining stable compared to the previous year[32] - Sales revenue from exports to the United States was 354 million yuan, representing a year-on-year increase of 43.92%[32] - The company has sufficient orders on hand for the fourth quarter, indicating strong demand and operational stability[32] - The company has actively adjusted its raw material inventory strategy to mitigate risks associated with fluctuations in rare earth material prices, ensuring delivery capabilities[32] Government Support - The company received government subsidies amounting to ¥21,346,341.01, contributing positively to its financial performance[12]

Core Viewpoint - The company announced the resignation of non-executive director Li Xiaoguang due to work adjustments, effective immediately from October 20, 2025 [1] Group 1 - The board of directors received a written resignation letter from Li Xiaoguang [1] - Li Xiaoguang held the position of non-executive director and was a member of the board's strategic committee [1] - The resignation is attributed to personal work adjustments [1]

一、 江 西 金 力 永 磁 科 技 股 份 有 限 公 司 董 事 會（「董事會」）成 員 載 列 如 下： | 執行董事 | 非執行董事 | 獨立非執行董事 | | --- | --- | --- | | 蔡報貴先生 （董 事 長） | 胡志濱先生 | 朱玉華先生 | | （副 董 事 呂鋒先生 長） | 李忻農先生 | 徐風先生 | | | 梁敏輝先生 | 曹穎女士 | 二、 董 事 會 設 立 五 個 下 設 委 員 會，下 表 提 供 各 董 事 會 成 員 在 這 些 委 員 會 中 所 擔 任 的 職 位。 | | 委員會 | | 薪酬與考核 | | | 環 境、 | | --- | --- | --- | --- | --- | --- | --- | | 董 事 | | 審計委員會 | 委員會 | 提名委員會 | 戰略委員會 | 社會與治理 | | | | | | | | 委員會 | | 蔡報貴先生 | | | | 委 員 | 主任委員 | 主任委員 | | 呂鋒先生 | | | 委 員 | | | | | 胡志濱先生 | | 委 員 | | | 委 員 | | | 李忻農先生 | | | ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部 或 任 何 部 分 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 之 任 何 損 失 承 擔 任 何 責 任。 JL MAG RARE-EARTH CO., LTD. 江 西 金 力 永 磁 科 技 股 份 有 限 公 司 江 西 金 力 永 磁 科 技 股 份 有 限 公 司（「本公司」）董 事 會（「董事會」）於2025年10月20 日 收 到 本 公 司 非 執 行 董 事 李 曉 光 先 生 遞 交 的 書 面 辭 呈。由 於 工 作 調 整 原 因，李 曉 光 先 生 向 董 事 會 請 辭 本 公 司 非 執 行 董 事 及 董 事 會 戰 略 委 員 會 委 員 職 務。以 上 辭 任 即 日 生 效。 李 曉 光 先 生 確 認 其 與 董 事 會 之 間 沒 有 不 一 致 意 見，也 沒 有 因 辭 任 而 須 告 知 本 公 司 股 東 及 債 權 人 的 其 他 事 宜。 ...

JL MAG RARE-EARTH CO., LTD. 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部 或 任 何 部 份 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 之 任 何 損 失 承 擔 任 何 責 任。 江 西 金 力 永 磁 科 技 股 份 有 限 公 司 （ 在 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ） （股 份 代 碼：06680） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條 而 做 出。 茲載列江西金力永磁科技股份有限公司於深圳證券交易所網站(www.szse.cn )刊 登 的 公 告 如 下，僅 供 參 閱。 承董事會命 江西金力永磁科技股份有限公司 董事長 蔡報貴 江 西，2025年10月20日 证券代码：300748 证券简称：金力永磁 公告编号：2025-071 江西金力永磁科技股份有限公司 第四届董事会第十一次会议决议公告 本公司及董事会全体成 ...

Core Viewpoint - Jinli Permanent Magnet (300748.SZ) reported a significant increase in revenue and net profit for the first three quarters, indicating strong performance in the rare earth permanent magnet sector driven by rising demand and effective inventory management [1][2]. Company Performance - For the first three quarters, Jinli Permanent Magnet achieved a revenue of 5.373 billion yuan, a year-on-year increase of 7.16%, and a net profit attributable to shareholders of 515 million yuan, up 161.8% [1]. - The company attributed its performance to the rising prices of rare earth raw materials and effective inventory strategies, alongside the gradual release of new production capacity [1]. Product Sales and Market Demand - Sales of products related to new energy vehicles and automotive components increased by 23.46%, generating revenue of 2.615 billion yuan, accounting for nearly half of the total revenue [2]. - Sales in the energy-saving variable frequency air conditioning sector grew by over 18%, with revenue reaching 1.446 billion yuan [2]. - The company's overseas sales amounted to 942 million yuan, with exports to the United States reaching 354 million yuan, a nearly 44% increase year-on-year [2]. Industry Trends - The overall demand for rare earth materials is improving, with a favorable supply-demand dynamic emerging in the market [2]. - The Chinese government is enhancing its strategic control over the rare earth industry through quota management and export restrictions, ensuring resources are directed towards high-end applications [2]. - Global green transformation is driving demand for key rare earth elements, leading to rapid expansion in emerging applications such as permanent magnet materials [2]. Competitor Performance - Other leading companies in the rare earth sector, such as Northern Rare Earth (600111.SH) and Shenghe Resources (600392.SH), are also reporting significant profit increases, indicating a broader industry recovery [3].

Core Viewpoint - The company announced the resignation of non-independent director Li Xiaoguang from its board due to work adjustments, and he will no longer hold any position within the company [1]. Group 1 - The board of directors received a written resignation letter from Li Xiaoguang [1]. - Li Xiaoguang applied to resign from his position as a non-executive director and as a member of the strategic committee [1]. - Following his resignation, Li Xiaoguang will not hold any positions within the company [1].