盘面上，截至发稿， 金力永磁涨超10%， 宁波韵升涨停， 中科三环大涨超9%，银河磁体、中科磁业 跟涨。 | 编辑 ｜ 钉钉 | | --- | 有业内人士表示，通用许可证的应用将简化稀土永磁企业出口流程，加快交付速度，利于稀土永磁行业 下游需求恢复。 据新华社此前报道，商务部新闻发言人何亚东4日表示，中国政府依法依规开展稀土相关物项出口管制 工作。只要是用于民用用途的、合规的出口申请，中国政府都及时予以了批准。同时，中国政府积极适 用通用许可等便利化措施，促进两用物项合规贸易，切实维护全球产供链安全稳定。 12月5日，据上海证券报报道，记者从知情人士处获悉，金力永磁、中科三环、宁波韵升已获得通用出 口许可证。 ...

消息面上，据上证报，记者从知情人士处获悉，金力永磁等三家稀土永磁企业已获得通用出口许可证。 据报道，商务部新闻发言人何亚东4日表示，中国政府依法依规开展稀土相关物项出口管制工作。只要 是用于民用用途的、合规的出口申请，中国政府都及时予以了批准。同时，中国政府积极适用通用许可 等便利化措施，促进两用物项合规贸易，切实维护全球产供链安全稳定。有业内人士表示，通用许可证 的应用将简化稀土永磁企业出口流程，加快交付速度，利于稀土永磁行业下游需求恢复。 金力永磁（300748）(06680)午后涨超10%，截至发稿，涨9.69%，报20.72港元，成交额4.11亿港元。 ...

Core Viewpoint - The A-share market has seen a significant rise in rare earth stocks, driven by the acquisition of general export licenses by key companies, which is expected to streamline export processes and boost downstream demand in the rare earth permanent magnet industry [1] Group 1: Company Performance - Jinli Permanent Magnet has surged over 14% in stock price, with a year-to-date increase of 111.17% and a total market capitalization of 514 billion [2] - Ningbo Yunsheng's stock rose by 10.03%, with a year-to-date increase of 91.54% and a market cap of 154 billion [2] - Zhongke Sanhuan's stock increased by 8.27%, with a year-to-date rise of 31.58% and a market capitalization of 166 billion [2] - Other companies such as Huicheng Environmental Protection, Jiuling Technology, and Galaxy Magnet also experienced notable gains [1] Group 2: Industry Impact - The issuance of general export licenses for Jinli Permanent Magnet, Zhongke Sanhuan, and Ningbo Yunsheng is expected to simplify export processes and accelerate delivery speeds, positively impacting the recovery of downstream demand in the rare earth permanent magnet sector [1]

Group 1 - Companies including Jinli Permanent Magnet, Zhongke Sanhuan, and Ningbo Yunsheng have obtained general export licenses [1] - The application of general export licenses will simplify the export process for rare earth permanent magnet companies [1] - This development is expected to accelerate delivery speeds and benefit the recovery of downstream demand in the rare earth permanent magnet industry [1]

Core Viewpoint - In October, China's exports of rare earth magnets to the U.S. surged by 56% month-on-month, coupled with a relaxation of export controls in November, leading to accelerated global inventory replenishment. The leading company in rare earth permanent magnets, Jinli Permanent Magnet (300748.SZ), is positioned as a key beneficiary of these developments [1]. Group 1: Export Performance - In the first three quarters, Jinli Permanent Magnet's export revenue to the U.S. reached 354 million yuan, marking a year-on-year increase of 43.92% [1]. - The company's production base in Mexico continues to ramp up supply of magnetic components for Tesla [1]. Group 2: Market Demand and Orders - Following the policy relaxation in November, customers in Europe and Southeast Asia are actively replenishing their inventories, with the company's order schedule extending to the second quarter of 2026 [1]. - The utilization rate of the company's 40,000-ton capacity at its Baotou factory remains high [1]. Group 3: Competitive Position - The company maintains a strong market share in key sectors such as new energy vehicles and wind power, supported by deep partnerships with the world's top ten new energy vehicle manufacturers and four major wind turbine manufacturers [1]. - Cost advantages derived from crystal boundary penetration technology further bolster the company's competitive position [1].

Group 1 - The article highlights the significant market share of the company in the photovoltaic fine tungsten wire sector, exceeding 80% [1] - The company has invested 2.2 billion yuan to further enhance its presence in the new energy sector, focusing on FPC, CDU, batteries, energy storage, and AI computing centers [1] - The company plans to raise 3.7 billion yuan through a private placement to fund high-end storage projects aimed at the AI field, including main control chips and advanced packaging [1]

Company Overview - Instech (SZ 301622) announced that approximately 36.49 million restricted shares will be unlocked and listed for trading on December 4, 2025, accounting for about 31.47% of the company's total share capital [1] - The actual number of shares available for trading is approximately 33.84 million, representing about 29.19% of the total share capital [1] - As of the report date, Instech's market capitalization is 8.1 billion yuan [1] Revenue Composition - For the first half of 2025, Instech's revenue composition is as follows: rare earth permanent magnet components account for 90.25%, while other businesses contribute 9.75% [1]

铜板块：2025年前三季度铜板块收入增速较去年同期回正，归母净利润增速改善明显。收入端来看， 2025年前三季度铜板块实现营收14249.67亿元，同比增长5.01%，增速虽较2024年全年下降但较2024年 同期小幅回升;利润端来看，2025年前三季度铜板块实现归母净利润690.05亿元，同比增长46.17%，增 速较2024全年及2024年同期分别提升11.38pct和18.36pct。2025年前三季度铜板块盈利能力回升，毛利率 及净利率分别较去年同期提升2.74pct和1.82pct至10.42%和5.84%;资本支出同比大幅收缩14.92%。 贵金属板块：2025年前三季度贵金属板块营收及利润同比高增长，增速边际大幅提升。收入端来看， 2025年前三季度贵金属板块实现营收2,995.43亿元，同比增长35.02%，较2024年全年和2024年同期分别 提升11.47pct和9.53pct;利润端来看，2025年前三季度贵金属板块实现归母净利润147.26亿元，同比增长 62.64%，增速较2024全年及2024年同期分别大幅提升14.4pct和16.45pct，板块收入及净利润大幅增长主 要得益于金 ...

致同连续多年持续跟踪研究上市公司年报执行企业会计准则情况，正陆续发布"上市公司年报分析之准则应用披露示例"系列文章。主要研究内容是结合上 市公司年报披露示例，解析上市公司重点企业会计准则和监管要求的执行情况和可以借鉴的实务应用案例，包括执行准则和监管要求的重大会计政策的选 用、重要会计估计的判断、重点关注问题的实务应用示例、核心会计事项的披露示例等。 第三十四条 企业应当根据其在向客户转让商品前是否拥有对该商品的控制权，来判断其从事交易时的身份是主要责任人还是代理人。企业在向客户转让 商品前能够控制该商品的，该企业为主要责任人，应当按照已收或应收对价总额确认收入；否则，该企业为代理人，应当按照预期有权收取的佣金或手续 费的金额确认收入，该金额应当按照已收或应收对价总额扣除应支付给其他相关方的价款后的净额，或者按照既定的佣金金额或比例等确定。 系列文章研究涉及的准则和监管要求包括：长期股权投资准则（CAS2）、企业合并准则（CAS20）、合并报表准则（CAS33）、政府补助准则 （CAS16）、股份支付准则（CAS11）、资产减值准则（CAS8）、会计政策、会计估计变更和差错更正准则（CAS28）、或有事项准则 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及其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。 注册地点：天津经济技术开发区 法定代表人：李大军 注册资本：87,210,597美元 股权结构：公司持有66%的股权，台全金属（美国）有限公司持有28.58%的股权，台全（美国）有限公 司持有5.42%的股权。 一、担保情况概述 近日，北京中科三环高技术股份有限公司（以下简称"公司"）之控股子公司天津三环乐喜新材料有限公 司（以下简称"三环乐喜"）与中国进出口银行天津分行（以下简称"进出口银行"）签订了《借款合 同》，由进出口银行向三环乐喜提供人民币10,000万元借款，借款期限36个月。公司为此借款提供担 保。 公司于2025年3月11日召开了第九届董事会第八次会议，于2025年4月8日召开了2024年年度股东大会， 分别审议通过了《关于为控股子公司提供担保的议案》，其中为三环乐喜提供的担保额度为人民币 110,000万元。具体内容详见公司于2025年3月13日和2025年4月9日在《证券时报》、《中国证券报》、 《证券日报》和巨潮资讯网（http://www ...