证券代码：300748 证券简称：金力永磁 公告编号：2025-069 江西金力永磁科技股份有限公司 股票交易异常波动的公告 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、股票交易异常波动情况 江西金力永磁科技股份有限公司（以下简称"公司"）股票于 2025 年 10 月 9 日、2025 年 10 月 10 日、2025 年 10 月 13 日连续三个交易日收盘价涨幅偏 离值累计达到 39.94%，根据深圳证券交易所相关规定，属于股票交易异常波动 的情形。 二、公司关注并核实情况的说明 针对公司股票交易异常波动，公司董事会就相关问题进行了核实，现将有关 情况说明如下： 1、公司未发现前期披露的信息存在需要更正、补充之处。 2、公司未发现近期公共传媒报道了与公司相关且市场关注度较高的信息。 3、公司近期经营情况正常，内外部经营环境未发生重大变化。 6、经自查，公司不存在违反公平信息披露规定的情形。 三、是否存在应披露而未披露信息的说明 公司于 2025 年 10 月 9 日在巨潮资讯网披露了《关于股东减持计划实施完成 暨权益变动触及 1%整数倍的公告》（ ...

Core Viewpoint - Jinli Permanent Magnet conducted six block trades on October 13, totaling 2.025 million shares and a transaction amount of 83.5718 million yuan, with a trading price of 41.27 yuan, reflecting a 12.00% discount compared to the closing price of the day [2] Group 1: Trading Activity - The total transaction amount for the six block trades was 83.5718 million yuan, with a total trading volume of 2.025 million shares [2] - Institutional proprietary seats participated in two of the trades, with a total transaction amount of 72.2225 million yuan, indicating a net purchase of 72.2225 million yuan [2] - Over the past three months, Jinli Permanent Magnet has recorded 18 block trades, with a cumulative transaction amount of 135 million yuan [2] Group 2: Stock Performance - The closing price of Jinli Permanent Magnet on October 13 was 46.90 yuan, representing a 17.60% increase, with a daily turnover rate of 15.54% and a total transaction amount of 7.706 billion yuan [2] - The stock experienced a net outflow of 33.5644 million yuan in main funds throughout the day, while it has seen a cumulative increase of 35.31% over the past five days, with a total net inflow of 102 million yuan [2] Group 3: Margin Trading Data - The latest margin financing balance for Jinli Permanent Magnet is 1.781 billion yuan, which has increased by 307 million yuan over the past five days, reflecting a growth rate of 20.81% [2]

金力永磁涨11.58%，报44.5元/股，股价再创新高，总市值突破608.96亿元，成交额达49.07亿元。（AI 生成） ...

Group 1 - Hong Kong's Hang Seng Index fell by 3.49%, down 916 points, closing at 25,373 points, while the Hang Seng Tech Index dropped by 4.54%. The morning trading volume reached HKD 281.8 billion [1] - Jinli Permanent Magnet (06680) surged over 12% as a rare earth giant announced price increases, with institutions optimistic about the strengthening strategic position of rare earths [1] - Semiconductor stocks rose against the trend, with Huahong Semiconductor (01347) increasing by 3.6%, driven by escalating competition in the technology sector and multiple catalysts for the semiconductor industry [1] - Kingsoft (03888) saw a rise of over 18% at one point, closing up over 9%, as external frictions escalate, highlighting the trend towards self-controlled industries and investment opportunities in the Xinchuang sector [1] - Gold stocks mostly rose due to risk aversion, with spot gold breaking through USD 4,060. Zijin Mining International (02259) increased by 4.6%, and Chifeng Jilong Gold Mining (06693) rose by 2.5% [1] Group 2 - MicroPort Scientific-B (02252) rose over 2% as its commercialization process accelerated, with overseas orders exceeding 60 units [2] Group 3 - Liqin Resources (02245) increased by over 5% following the implementation of cobalt export quotas in the Democratic Republic of Congo [3] - China Merchants Energy (01138) rose over 4% due to seasonal demand and event disturbances, with institutions expecting stronger freight rates [3] - Domestic insurance stocks fell across the board, with Tianan Insurance announcing a debt default of CNY 5.3 billion, which institutions suggest may mark the beginning of market-driven risk pricing. New China Life Insurance (01336) fell by 5%, China Pacific Insurance (02328) by 3.9%, and China Taiping Insurance (02601) by 3.6% [3] Group 4 - Pharmaceutical stocks continued their recent downward trend, with Junshi Biosciences (01877) dropping nearly 10.6% and Kanglong Chemical (03759) falling over 9% [4] Group 5 - Apple-related stocks experienced significant declines, with Hongteng Precision (06088) dropping over 10%, as institutions stated that the impact of tariffs on the supply chain should not be overestimated [5]

Core Viewpoint - Jinli Permanent Magnet's stock price reached a historical high, reflecting strong market performance and investor interest [2] Company Summary - As of 11:10, Jinli Permanent Magnet's stock increased by 12.59%, reaching a price of 44.90 yuan, with a trading volume of 116 million shares and a transaction value of 4.959 billion yuan, resulting in a turnover rate of 10.28% [2] - The company's latest A-share total market capitalization is 51.223 billion yuan, with a circulating market capitalization of 50.767 billion yuan [2] - The company reported a revenue of 3.507 billion yuan for the first half of the year, representing a year-on-year growth of 4.33%, and a net profit of 305 million yuan, which is a significant increase of 154.81% [2] - The basic earnings per share are 0.2200 yuan, with a weighted average return on equity of 4.27% [2] - On October 9, the company released a forecast for the first three quarters, expecting a net profit between 505 million yuan and 550 million yuan, indicating a year-on-year change of 157.00% to 179.00% [2] Industry Summary - The non-ferrous metals industry, to which Jinli Permanent Magnet belongs, experienced an overall decline of 0.25%, with 56 stocks rising and 3 stocks hitting the daily limit, including Galaxy Magnet and New Life Fortune [2] - Conversely, 85 stocks in the industry saw declines, with Northern Copper, Yunnan Copper, and Jiangxi Copper leading the losses, with declines of 6.51%, 5.41%, and 5.23% respectively [2] - As of October 10, the margin trading balance for Jinli Permanent Magnet was 1.795 billion yuan, with a financing balance of 1.781 billion yuan, reflecting a recent increase of 180 million yuan, or 11.22% [2]

Core Viewpoint - The recent tightening of rare earth export controls by the Chinese government is expected to impact the market dynamics significantly, leading to price increases and potential investment opportunities in companies involved in rare earth production and trading [1]. Group 1: Market Reaction - Jinli Permanent Magnet (300748) saw a surge of over 6%, trading at 27 HKD with a transaction volume of 11.87 million HKD [1]. - Baotou Steel (600010) and Northern Rare Earth (600111) announced an increase in the associated transaction prices for rare earth concentrates for Q4 2025, with Northern Rare Earth adjusting the price to 26,205 RMB/ton (excluding tax), reflecting a 37% increase quarter-on-quarter [1]. Group 2: Regulatory Changes - On October 9, the Ministry of Commerce of China announced stricter export control measures for rare earths, expanding the scope and approval requirements for exports [1]. - The new regulations include increased controls on five categories of medium and heavy rare earths, as well as restrictions on the export of equipment, technology, and raw materials across the entire industry chain [1]. Group 3: Geopolitical Context - The ongoing trade tensions between the U.S. and China have escalated, with Trump announcing additional 100% tariffs on Chinese goods starting November 1, along with export controls on critical software [1]. - According to Fengzheng Securities, the renewed tariff conflict highlights the strategic importance of rare earths, while CITIC Securities noted that the Ministry of Commerce's recent actions further solidify the strategic position of rare earths in the market [1].

花旗研究报告指出，国家商务部及海关总署周四公布，扩大对稀土产品及技术的出口管制。花旗认为， 该政策透过更强国内市场保护，有利于持有配额的龙头企业。花旗续表示，金力永磁(06680.HK)昨日公 布其首九个月初步业绩，净利润为5.05亿至5.5亿元人民币，按年上涨157%至179%，占花旗对其全年估 计71%至77%以及市场共识73%至79%。花旗予该股维持"买入"评级，目标价25.3港元。 ...

Core Viewpoint - The recent tightening of rare earth export controls by the Chinese government is expected to impact the market positively, particularly for companies like JINLI Permanent Magnet, which has seen a significant stock price increase following the announcement [1]. Group 1: Market Reaction - JINLI Permanent Magnet (06680) opened over 6% higher and is currently up 6.3%, trading at 27 HKD with a transaction volume of 11.8692 million HKD [1]. Group 2: Regulatory Changes - On October 9, the Chinese Ministry of Commerce announced stricter rare earth export control measures, expanding the scope and approval requirements for exports [1]. - Baotou Steel and Northern Rare Earth announced on October 10 an increase in the associated transaction prices for rare earth concentrates for Q4 2025, with Northern Rare Earth adjusting the price to 26,205 RMB/ton (excluding tax, dry weight, REO=50%), representing a 37% increase quarter-on-quarter [1]. - The price of REO will change by 524.10 RMB/ton for every 1% increase or decrease [1]. Group 3: Geopolitical Context - The U.S.-China trade tensions have resurfaced, with Trump announcing on October 10 that the U.S. will impose an additional 100% tariff on Chinese goods starting November 1 and will implement export controls on critical software [1]. - According to Founder Securities, the renewed tariff conflict highlights the strategic importance of rare earths [1]. - CITIC Securities noted that the Ministry of Commerce has issued four documents to strengthen rare earth export controls, adding restrictions on five categories of medium and heavy rare earths, as well as controls on the entire industrial chain, including equipment, technology, and raw materials for overseas military and high-end semiconductor demands [1].

Core Viewpoint - The company Jinli Permanent Magnet (金力永磁) is experiencing significant growth in its performance, with projected net profits for the first three quarters of 2025 expected to increase by 157% to 179% year-on-year, driven by strong demand and effective management strategies [2][3]. Financial Performance - Jinli Permanent Magnet forecasts a net profit of 5.05 billion to 5.50 billion yuan for the first three quarters of 2025, with a non-GAAP net profit of 4.15 billion to 4.60 billion yuan, reflecting a year-on-year growth of 365% to 415% [2][3]. - The company has achieved a cumulative net profit of 30.64 billion yuan since its A-share listing in 2018, with a total of 9 dividend distributions amounting to a payout ratio of 50.29% [5]. Market Position and Orders - The company holds a strong market position as a leader in the rare earth permanent magnet industry, with a robust order book primarily from top-tier clients [3]. - Jinli Permanent Magnet's products are utilized by the world's top ten electric vehicle manufacturers and eight of the top ten variable frequency air conditioning compressor manufacturers [4]. Product Applications and Sales - In the first half of 2025, the company generated 16.75 billion yuan in sales from the electric vehicle sector, accounting for 47.76% of total revenue, with a year-on-year sales volume increase of 28.14% [6]. - The variable frequency air conditioning sector contributed 10.50 billion yuan in sales, with a 19.85% increase in sales volume [6]. Production Capacity and Expansion - Jinli Permanent Magnet is expanding its production capacity, with plans to reach an annual capacity of 38,000 tons of magnetic materials by the end of 2024 and aims to achieve 60,000 tons by 2027 [7]. - The company has established a division for embodied robot motor rotors, indicating a strategic focus on emerging technologies and markets [7].

Group 1 - China Chengtong Holdings Group Co., Ltd. reduced its stake in Jinli Permanent Magnet (300748) by 8.0276 million shares at a price of HKD 24.6632 per share, totaling approximately HKD 198 million [1] - After the reduction, the latest shareholding number is approximately 26.9813 million shares, representing a holding percentage of 11.85% [1] - The transaction involved other related parties, including the State-owned Enterprise Mixed Ownership Reform Fund Co., Ltd. [1]