Core Viewpoint - Allianz SE has reduced its stake in Jinli Permanent Magnet (06680) by selling 787,000 shares at a price of HKD 26.4639 per share, totaling approximately HKD 20.8271 million, resulting in a new holding of 15.753 million shares, representing 6.92% of the company [1] Summary by Category - **Share Reduction Details** - Allianz SE sold 787,000 shares of Jinli Permanent Magnet at HKD 26.4639 per share [1] - The total amount from the sale was approximately HKD 20.8271 million [1] - **Post-Transaction Holdings** - After the reduction, Allianz SE's remaining shares in Jinli Permanent Magnet are 15.753 million [1] - The new ownership percentage is 6.92% [1]

Core Insights - Jinli Permanent Magnet (Baotou) Intelligent Manufacturing Co., Ltd. has been established, with a focus on manufacturing electronic materials and components, as well as rare earth functional materials [1][2] - The company is wholly owned by Jinli Permanent Magnet (300748), indicating a strategic expansion in the manufacturing sector [1][2] Company Information - The legal representative of the new company is Su Quan, and it is registered with a capital of 5 million yuan [2] - The company is located in Baotou Rare Earth High-tech Industrial Development Zone, Inner Mongolia, and is classified under the manufacturing industry [2] - The business scope includes the manufacturing and sales of electronic materials, electronic components, non-ferrous metal alloys, and rare earth functional materials, along with technology services and import-export activities [2] Shareholder Structure - The sole shareholder is Jiangxi Jinli Permanent Magnet Technology Co., Ltd., which holds 100% of the shares with a subscribed capital of 121 million yuan [2]

Core Viewpoint - Jinli Permanent Magnet's stock price has experienced a significant increase, with a cumulative rise of 39.94% from October 9 to 13, driven by strong earnings forecasts and market interest in the rare earth permanent magnet sector [1][3][5]. Company Performance - Jinli Permanent Magnet announced a projected net profit growth of 157% to 179% for the first three quarters of 2025, with a non-GAAP net profit increase of 365% to 415% [1][15]. - The company reported a revenue of 35.07 billion yuan for the first three quarters, a year-on-year increase of 4.33%, with a net profit of 3.05 billion yuan, up 154.81% [11][17]. - The strong performance is attributed to the recovery in rare earth prices and effective cost management, with significant contributions from the electric vehicle and wind power sectors [7][12]. Market Dynamics - The recent surge in Jinli Permanent Magnet's stock is linked to renewed market interest in the rare earth industry, particularly following the Ministry of Commerce's announcements regarding export controls on rare earth-related items [5][8]. - The stock reached a historical high of 47.77 yuan per share on October 13, representing an increase of approximately 184% from the beginning of the year [5][9]. Industry Trends - The rare earth permanent magnet sector is experiencing a structural upturn, with expectations of increased demand driven by the electric vehicle and clean energy markets [7][11]. - Analysts suggest that the current market performance of Jinli Permanent Magnet reflects a phase of emotional release rather than a typical bubble, with a potential price range of 40-45 yuan per share seen as the upper limit for emotional premium [8][9]. Future Outlook - Jinli Permanent Magnet is expected to maintain high growth until 2026, but challenges may arise post-2027, particularly regarding the realization of growth in emerging sectors like robotics and low-altitude aircraft [18][19]. - The company faces risks related to inventory and price fluctuations, which could impact future earnings visibility if demand does not meet expectations [18][19].

Core Viewpoint - The performance of Jinli Permanent Magnet (300748.SZ) in the third quarter exceeded expectations, driven by significant profit growth and supportive policy signals, making it a market focus [2][4]. Financial Performance - Jinli Permanent Magnet's stock price increased by 39.94% over three trading days from October 9 to 13, 2023, with a notable profit forecast indicating a year-on-year net profit growth of 157% to 179% for the first three quarters of 2025 [2][11]. - The company reported a substantial increase in net profit, with a forecasted range of 5.05 billion to 5.5 billion yuan, and a non-GAAP net profit growth of 365% to 415% [2][13]. - The third quarter is expected to show a net profit of 2 billion to 2.4 billion yuan, reflecting a year-on-year increase of 159% to 217% [11]. Market Dynamics - The recent surge in Jinli Permanent Magnet's stock price is attributed to a recovery in rare earth prices and strong demand in the electric vehicle and clean energy sectors, which are critical for the company's growth [7][9]. - The company is positioned well within the rare earth industry, benefiting from structural changes and a strong customer base, which has led to a significant rebound in profitability [3][7]. Industry Trends - The rare earth permanent magnet sector is experiencing renewed market interest due to government policies on export controls, which have heightened focus on the industry [4][5]. - Jinli Permanent Magnet is seen as a bellwether in this capital chase, with its stock reaching a historical high of 47.77 yuan per share, representing an increase of approximately 184% from the year's low [4][5]. Future Outlook - The company is expected to maintain high growth through 2026, driven by its focus on high-performance rare earth permanent magnet materials, particularly in the electric vehicle and wind power sectors [9][14]. - However, challenges such as increased competition and potential price wars in the industry could impact future profitability, especially if demand does not meet expectations [14][15].

金力永磁(06680)一度涨超5%，截至发稿，涨4.87%，报26.72港元，成交额2.64亿港元。 消息面上，近期贸易摩擦持续扰动市场。此前商务部连发四文强化稀土出口管制，增加5类中重稀土出 口管控，增加全产业链条设备、技术、原辅材料出口管制，并对海外军事及高端半导体需求进行管制。 申万宏源认为，商务部发布关于稀土出口管制的一系列新规，进一步强化稀土出口管制，在中美博弈背 景下，定价权的竞争将更加重要，稀土板块战略价值凸显，板块估值具备上行空间。建议关注兼具资源 整合能力与成长弹性的头部标的。 此外，金力永磁近日发盈喜，该集团预计2025年前三季度(2025年1月-9月)归属于上市公司股东的净利润 5.05亿元-5.5亿元人民币，同比增加157%-179%；第三季度归属于上市公司股东的净利润2亿元-2.45亿元 人民币，同比增加159-217%。 ...

此外，金力永磁近日发盈喜，该集团预计2025年前三季度(2025年1月-9月)归属于上市公司股东的净利润 5.05亿元-5.5亿元人民币，同比增加157%-179%；第三季度归属于上市公司股东的净利润2亿元-2.45亿元 人民币，同比增加159-217%。 智通财经APP获悉，金力永磁(06680)一度涨超5%，截至发稿，涨4.87%，报26.72港元，成交额2.64亿港 元。 消息面上，近期贸易摩擦持续扰动市场。此前商务部连发四文强化稀土出口管制，增加5类中重稀土出 口管控，增加全产业链条设备、技术、原辅材料出口管制，并对海外军事及高端半导体需求进行管制。 申万宏源认为，商务部发布关于稀土出口管制的一系列新规，进一步强化稀土出口管制，在中美博弈背 景下，定价权的竞争将更加重要，稀土板块战略价值凸显，板块估值具备上行空间。建议关注兼具资源 整合能力与成长弹性的头部标的。 ...

Core Viewpoint - The stock of Jinli Permanent Magnet (300748) experienced a significant price fluctuation, with a cumulative increase of 39.94% over three consecutive trading days, prompting an inquiry into the unusual trading activity [1] Summary by Relevant Sections Company Information - The company confirmed that there are no corrections or supplements needed for previously disclosed information [1] - The recent operational situation of the company remains normal, with no significant changes in the internal or external business environment [1] Market Activity - The company, its controlling shareholders, and actual controllers have not engaged in any undisclosed significant matters related to the company during the period of stock price fluctuation [1] - There were no reported media articles that could have influenced market attention regarding the company [1] Compliance and Disclosure - The company conducted a self-examination and found no violations of fair information disclosure regulations [1] - There were no stock trading activities by the company, its controlling shareholders, or actual controllers during the period of abnormal stock price movement [1]

Core Viewpoint - The stock of Jinli Permanent Magnet (06680) experienced an abnormal trading fluctuation, with a cumulative closing price increase of 39.94% over three consecutive trading days from October 9 to October 13, 2025 [1] Summary by Relevant Sections - **Stock Trading Fluctuation** - The stock price increase of 39.94% over three trading days qualifies as an abnormal trading fluctuation according to Shenzhen Stock Exchange regulations [1] - **Company's Response to Trading Fluctuation** - The company's board of directors conducted a verification regarding the trading fluctuation and found no need to correct or supplement previously disclosed information [1] - There were no recent media reports related to the company that garnered significant market attention [1] - The company's recent operational performance remains normal, with no significant changes in the internal or external business environment [1] - **Disclosure and Trading Activities** - The company, its controlling shareholders, and actual controllers confirmed that there are no undisclosed significant matters related to the company during the period of stock price fluctuation [1] - There were no stock trading activities by the company, its controlling shareholders, or actual controllers during the abnormal trading period [1] - The company conducted a self-examination and found no violations of fair information disclosure regulations [1]

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。 JL MAG RARE-EARTH CO., LTD. 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 证券代码：300748 证券简称：金力永磁 公告编号：2025-069 江 西，2025年10月13日 於 本 公 告 日 期，董 事 會 成 員 包 括 執 行 董 事 蔡 報 貴 先 ...

Core Viewpoint - Jinli Permanent Magnet (300748) announced on October 13 that its stock price has experienced an abnormal fluctuation, with a cumulative increase of 39.94% over three consecutive trading days [1] Group 1: Company Performance - The company's recent operational situation is normal, and there have been no significant changes in the internal and external operating environment [1] - After verification, it was confirmed that the company, its controlling shareholder, and actual controller do not have any undisclosed significant matters related to the company [1] Group 2: Market Activity - The stock price deviation has raised concerns, prompting the company to issue a notice regarding the abnormal trading activity [1] - The cumulative increase in stock price indicates heightened market interest or speculation surrounding the company [1]