| 股份代號: 06690 | | --- | | 上市法國名稱: 江西金力永磁科技股份有限公司 - H股 | | 日期(日/月/年) 21/10/2025 - 21/11/2025 | | 如欲聽看按鵬權益通知之內發,調於「神關事件的日期」開换下鸡酮通話, | | * 赶解:《L ] -好盒:(S) - 深血,(P)-可供量出的股份 | 金力永磁(6680.HK)今日低开低走，一度跌7.44%至17.3港元，股价创6月27日以来近5个月新低。联交所 最新权益披露资料显示，金力永磁于11月17日遭Allianz SE在场内以每股均价19.9222港元减持52.16万 股，涉资约1039.14万港元。减持后，Allianz SE最新持股数目为1845.32万股，持股比例由8.02%下降至 7.86%。(格隆汇) ...

| 表格序號 | 大股東/董事/最高行政人員名稱 作出披露的 買入 / 費出或涉及的股每股的平均價 | | | | | 持有權益的股份數目 佔已發行的 有關事件的日 | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 原因 | 份數目 | | | (請參閱上述*註解)有投票權股 (日 / 月 / 年) | | | | | | | | | 份百分比 | | | | | | | | | ( % ) | | | CS20251118E00425 | Allianz SE | 1201(L) | | 521,600(L | HKD 19.9222 | 18.453.200(L) | 7.86(L)17/11/2025 | | 股份代號: | 06680 | | --- | --- | | 上市法國名稱: | 江西金力永磁科技股份有限公司 - H股 | | 日期 (日 / 月 / 年): | 21/10/2025 - 21/11/2025 | 格隆汇11月21日丨根据联交所最新权益披露资料显示，2025年11月17日，金力永磁(06680.HK)遭Al ...

Core Viewpoint - Jinli Permanent Magnet (300748.SZ) experienced a significant decline in stock price, dropping 8.5% to 35.85 yuan, marking a near one-month low and a market capitalization below 50 billion yuan [1] Stock Performance - The stock reached a historical high of 47.77 yuan on October 13, 2023, representing an increase of nearly 1.7 times year-to-date [1] - Since the peak, the stock has declined approximately 25% over the past 15 trading days [1] Shareholder Actions - The company announced that several executives, including Director Lv Feng and senior managers Huang Changyuan, Yu Han, Lu Ming, and Xie Hui, plan to reduce their holdings by a total of up to 2.1061 million shares, which constitutes 0.15% of the company's total share capital [1] - The reason for the reduction is stated as personal funding needs, with the selling period set for three months starting 15 trading days after the announcement, from November 24, 2025, to February 23, 2026 [1]

智通财经APP获悉，港股恒生指数涨0.58%，涨150点，报26057点；恒生科技指数跌0.24%。港股早盘成 交1321亿港元。 内银股回暖。银行三季报业绩呈现筑底企稳态势，年底步入长线资金配置时段利好板块。徽商银行 (03698)涨4.79%；建设银行(00939)涨3.12%；中国银行(03988)涨2.27%。 煤炭股多数走高。供暖季开启叠加安监力度强化，机构看好煤价维持震荡上行。兖矿能源(01171)涨 5.62%；中国秦发(00866)涨4%；中煤能源(01898)涨3.5%。 金力永磁(06680)跌超7%，部分董事及高级管理人员拟减持公司股份。 康方生物(09926)涨超5%，依沃西获得第四个突破性疗法认定，临床开发与上市进程有望加速。 春立医疗(01858)再涨超7%，海外业务已成为重要收入来源，三季度业绩同比高速增长。 现代牧业(01117)涨5%，公司收购中国圣牧触发全面要约，最高总价超20亿港元。 巨星传奇(06683)涨超8%，成为Galaxy战略股东，公司积极构建全球IP生态。 金矿股及黄金珠宝股全线重挫。黄金税收新政或导致短期实物需求承压，中长期需求不受影响。老铺黄 金(0618 ...

Core Viewpoint - The company, Jinli Permanent Magnet (06680), announced the conversion and issuance of 7.1229 million H-shares based on a secured convertible bond of $118 million maturing in 2030 with an interest rate of 1.75% [1] Group 1 - The company will issue 7.1229 million H-shares on October 28, 2025 [1] - The convertible bond is valued at $118 million and has a maturity date in 2030 [1] - The interest rate on the bond is set at 1.75% [1]

Core Viewpoint - The performance of Hong Kong-listed companies in various sectors shows a positive trend for the third quarter of 2025, particularly in the non-ferrous metals and cement industries, while the real estate sector exhibits significant performance divergence among companies [1]. Non-Ferrous Metals Industry - Companies in the non-ferrous metals sector are expected to report substantial profit increases for the first three quarters of 2025, with Kinglong Permanent Magnet forecasting a net profit of 505 million to 550 million yuan, representing a year-on-year growth of 157% to 179% [2]. - Kinglong attributes its growth to a focus on stable and compliant operations, market expansion, and efficiency improvements through technological innovation and inventory management [2]. - Shandong Gold anticipates a net profit of 3.8 billion to 4.1 billion yuan for the same period, reflecting an increase of 83.9% to 98.5% year-on-year, driven by optimized production and rising gold prices [3]. Cement and Building Materials Industry - China National Building Material expects to turn a loss into a profit, projecting a profit of approximately 2.95 billion yuan for the first three quarters of 2025, compared to a loss of about 684 million yuan in the same period last year [4]. - The profit increase is attributed to lower sales costs of cement and concrete, higher prices for fiberglass, and increased sales of wind turbine blades and coatings, despite a decline in cement sales [4]. - Recent policies, including carbon emissions trading proposals, are expected to support the building materials industry, with analysts predicting continued price increases for cement due to seasonal demand and rising coal prices [5]. Real Estate Industry - The real estate sector shows significant performance divergence, with companies like China Resources Land reporting a 7.5% year-on-year increase in regular income for September 2025, while Greentown China reported contract sales of approximately 107.9 billion yuan for the first nine months of 2025 [6][7]. - The market is witnessing a recovery in high-quality urban properties, while lower-tier cities are still stabilizing, indicating a potential gradual recovery in the housing market [8]. - Analysts believe that ongoing government policies aimed at improving housing quality will further stimulate demand for high-quality residential properties [8].

Core Viewpoint - New Lai Fu (301323.SZ) is undergoing an asset restructuring plan to acquire 100% equity of Guangzhou Jin Nan Magnetic Materials Co., Ltd. for a total consideration of 10.54 billion yuan, aiming to enhance its core competitiveness and market coverage in the permanent magnet materials industry [1][3]. Group 1: Acquisition Details - The acquisition involves issuing shares and cash payments, with a total valuation of Jin Nan Magnetic Materials set at 10.55 billion yuan, reflecting a 79.09% appraisal increase [3]. - New Lai Fu will pay 1.05 billion yuan in cash and the remaining 9.49 billion yuan through share issuance [3]. - The company plans to raise up to 4.8 billion yuan in supporting funds, with 1 billion yuan allocated for cash payments and intermediary fees, while the rest will be invested in new production bases [3][4]. Group 2: Financial Performance - In the first half of 2025, New Lai Fu reported revenues of 4.51 billion yuan, an increase of 8.27% year-on-year, but a net profit decline of 8.94% to 67.2 million yuan [5]. - Jin Nan Magnetic Materials achieved revenues of 4.18 billion yuan, 5.02 billion yuan, and 1.68 billion yuan in 2023, 2024, and the first four months of 2025, respectively, with net profits of 564.16 million yuan, 829.33 million yuan, and 214.28 million yuan [7]. - The gross profit margin for Jin Nan Magnetic Materials was 31.01%, 33.88%, and 29.36% across the reporting periods, indicating fluctuations influenced by sales volume and raw material prices [8]. Group 3: Strategic Implications - The acquisition is expected to strengthen New Lai Fu's position in the permanent magnet materials sector by integrating Jin Nan's technological advantages and expanding its market reach [4]. - The controlling shareholder, Wang Xiaoming, will maintain significant control post-transaction, with his stake increasing from 34.81% to 37.16% [4]. - The deal is characterized as a related party transaction due to the common control by Wang Xiaoming over both companies [1][3].

Core Viewpoint - New Lai Fu (301323.SZ) is undergoing an asset restructuring plan to acquire 100% equity of Guangzhou Jin Nan Magnetic Materials Co., Ltd. for a total consideration of 1.054 billion yuan, aiming to enhance its core competitiveness and market coverage in the permanent magnet materials industry [1][3]. Group 1: Acquisition Details - The acquisition involves issuing shares and cash payments, with a total valuation of Jin Nan Magnetic Materials set at 1.055 billion yuan, reflecting a 79.09% appraisal increase [3]. - New Lai Fu will pay 105 million yuan in cash and the remaining 949 million yuan through share issuance, while also raising up to 480 million yuan in supporting funds [3]. - The controlling shareholder of Jin Nan, Saint Ci Technology, is also the actual controller of New Lai Fu, making this transaction an affiliated transaction [3][4]. Group 2: Financial Performance - In the first half of 2025, New Lai Fu reported revenues of 451 million yuan, an increase of 8.27% year-on-year, but a net profit decline of 8.94% to 67.2 million yuan [5]. - Jin Nan Magnetic Materials achieved revenues of 418 million yuan, 502 million yuan, and 168 million yuan for the years 2023, 2024, and the first four months of 2025, respectively, with net profits of 56.4 million yuan, 82.9 million yuan, and 21.4 million yuan [7]. - The performance commitment from the transaction counterparties guarantees that Jin Nan's net profit will not be less than 264 million yuan from 2025 to 2027 [7]. Group 3: Operational Metrics - As of April 2025, Jin Nan's total assets were 746 million yuan, with accounts receivable and inventory accounting for approximately 34% of total assets [2][9]. - The comprehensive gross profit margin for Jin Nan in the first four months of 2025 was 29.36%, lower than the full-year levels of 2023 and 2024 [1][8]. - Jin Nan's overseas revenue proportions were 25.47%, 20.74%, and 18.70% for the respective reporting periods, indicating exposure to international trade risks [8].

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]

Market Overview - The Hang Seng Index closed down 3.49% while the Hang Seng Tech Index fell by 4.54% [1] - The Hong Kong Tech ETF (159751) decreased by 4.07% and the Hang Seng Hong Kong Stock Connect ETF (159318) dropped by 3.15% [1] Sector Performance - The biotechnology and automotive sectors experienced the largest declines [1] Individual Stock Movements - Zijin Mining International rose by 4.6% [1] - Hong Teng Precision Technology fell by 10.73% [1] - Brainstorm Cell Therapeutics-B dropped by 12.9% [1] - Jinli Permanent Magnet increased by 12.44% [1] - Hong Kong Travel Holdings gained 10.46% [1]