Core Viewpoint - The metal new materials sector experienced a slight increase of 0.42% on January 29, with notable gains from specific companies, while the overall market showed mixed results with the Shanghai Composite Index rising by 0.16% and the Shenzhen Component Index declining by 0.3% [1] Group 1: Market Performance - The Shanghai Composite Index closed at 4157.98, up 0.16% [1] - The Shenzhen Component Index closed at 14300.08, down 0.3% [1] - The metal new materials sector saw a net inflow of 6.09 billion yuan from institutional investors, while retail investors experienced a net outflow of 7.45 billion yuan [2][3] Group 2: Individual Stock Performance - Ni'an New Materials (688786) led the sector with a closing price of 33.19, up 6.17% with a trading volume of 61,700 shares and a transaction value of 201 million yuan [1] - Jinli Permanent Magnet (300748) followed with a closing price of 41.16, up 5.67%, with a trading volume of 1.5032 million shares and a transaction value of 6.13 billion yuan [1] - Galaxy Magnetic Materials (300127) closed at 38.39, up 4.66%, with a trading volume of 421,800 shares and a transaction value of 1.602 billion yuan [1] Group 3: Fund Flow Analysis - Jinli Permanent Magnet (300748) had a net inflow of 4.20 billion yuan from institutional investors, while retail investors saw a net outflow of 3.12 billion yuan [3] - Ningbo Yunsheng (600366) recorded a net inflow of 2.07 billion yuan from institutional investors, with a net outflow of 2.53 billion yuan from retail investors [3] - The overall fund flow indicates a strong preference for institutional investment in the metal new materials sector despite retail investor withdrawals [2][3]

鑫科材料公告，预计2025年度实现归属于母公司股东的净利润2550万元到3800万元，与上年同期相比， 将减少2435.46万元到3685.46万元，较上年同期减少39.06%至59.10%；预计2025年度实现归属于母公司 股东扣除非经常性损益后的净利润980万元到1460万元，与上年同期相比，将减少2275.2万元到2755.2万 元，较上年同期减少60.91%至73.76%。 ...

有研新材公告称，预计2025年度归属于上市公司股东的净利润2.55亿元到2.80亿元，同比增长73%到 90%；扣非净利润1.55亿元到1.80亿元，同比增长36%到58%。上年同期净利润1.48亿元，扣非净利润 1.14亿元。业绩预增主因控股子公司有研亿金靶材销售收入同比增超50%，有研稀土亏损减少。此外， 有研稀土转让硫化锂技术获收益1.08亿元，影响净利润4841万元。 ...

Group 1 - Jiangnan New Materials experienced a stock price increase of 5.39%, reaching 102.40 yuan per share, with a trading volume of 196 million yuan and a turnover rate of 6.70%, resulting in a total market capitalization of 14.924 billion yuan [1] - Jiangnan New Materials, established on July 26, 2007, is located in Yingtan City, Jiangxi Province, and specializes in the research, production, and sales of copper-based new materials. The revenue composition includes: copper ball series 78.30%, copper oxide powder series 17.26%, others 2.66%, high-precision copper-based heat sinks 1.74%, and copper material trading 0.01% [1] Group 2 - The Guoshou Anbao Strategy Selected Mixed A Fund (168002) holds 240,800 shares of Jiangnan New Materials, accounting for 3.18% of the fund's net value, making it the tenth largest holding. The estimated floating profit today is approximately 1.2619 million yuan [2] - The Guoshou Anbao Strategy Selected Mixed A Fund was established on November 25, 2025, with a latest scale of 542 million yuan. Year-to-date returns are 8.88%, ranking 3117 out of 8866 in its category, while cumulative returns since inception are 38.25% [2] Group 3 - The fund manager of Guoshou Anbao Strategy Selected Mixed A Fund is Yan Kun, who has been in the position for 2 years and 34 days. The total asset scale of the fund is 618 million yuan, with the best fund return during his tenure being 68.49% and the worst being 7.86% [3]

Group 1: Military Industry New Materials - The price of electrolytic cobalt this week is 435,000 CNY/ton, a decrease of 3.5% compared to the previous week. The price ratio of electrolytic cobalt to cobalt powder is 0.76, down 4.5% [3] - The price of carbon fiber this week is 83.8 CNY/kg, remaining unchanged, with a gross profit of -9.19 CNY/kg [3] Group 2: New Energy Vehicle Materials - The prices of lithium carbonate and lithium hydroxide are 171,100 CNY/ton and 161,100 CNY/ton, respectively, with increases of 8.4% and 8.2% [4] - The price of cobalt sulfate this week is 95,300 CNY/ton, up by 0.21% [4] - The prices of lithium iron phosphate and 523-type cathode materials are 52,400 CNY/ton and 200,200 CNY/ton, with changes of 0% and +4.6%, respectively [4] - The price of praseodymium-neodymium oxide is 672.66 CNY/kg, down by 0.3% [4] Group 3: Photovoltaic New Materials - The price of photovoltaic-grade polysilicon is 7.88 USD/kg, unchanged from the previous week [5] - The price of EVA is 9,650 CNY/ton, an increase of 3.8%, remaining at a low level since 2013 [5] - The price of 3.2mm photovoltaic glass coating is 24.0 CNY/sqm, unchanged [5] Group 4: Nuclear Power New Materials - The prices of zirconium-related materials are stable, with prices for zirconium oxychloride, sponge zirconium, hafnium oxide, zirconium silicate, and zircon sand remaining unchanged [6] - The uranium price for December 2025 is projected to be 63.51 USD/lb, reflecting a 2.0% increase [6] Group 5: Consumer Electronics New Materials - The price of cobalt tetroxide is 363,000 CNY/ton, unchanged, while lithium cobalt oxide is priced at 402.0 CNY/kg, up by 0.5% [7] - The price of silicon carbide is 5,600.00 CNY/ton, with a significant increase of 9.8% [7] - The prices of high-purity gallium, crude indium, and refined indium are 1,840.00 CNY/kg, 3,450.00 CNY/kg, and 3,550.00 CNY/kg, with changes of +1.4%, -4.2%, and -4.1%, respectively [7] - The price of germanium dioxide is 8,950 CNY/kg, unchanged [7] Group 6: Other Materials - The prices of platinum, rhodium, and iridium are 672.50 CNY/g, 2,715.00 CNY/g, and 1,675.00 CNY/g, with increases of 11.5%, 5.0%, and 1.8%, respectively [8]

重要内容提示： ●本次会议是否有否决议案：无 ■ （四）表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 证券代码：600255 证券简称：鑫科材料 公告编号：2026-014 安徽鑫科新材料股份有限公司2026年第一次临时股东会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 本次股东会由公司董事会召集、董事长宋志刚先生主持，会议采用现场投票和网络投票相结合的表决方 式。本次股东会的召集、召开以及表决方式符合《公司法》等相关法律法规和《公司章程》的有关规 定。 （五）公司董事和董事会秘书的列席情况 1.公司在任董事7人，列席4人，独立董事傅代国先生、李明茂先生、王伦刚先生因工作原因未列席会 议。 2.董事会秘书张龙先生出席会议。 二、议案审议情况 （一）非累积投票议案 1.议案名称：《关于公司符合向特定对象发行A股股票条件的议案》 审议结果：通过 表决情况： ■ 2.01议案名称：发行股票的种类及面值 ■ 2.02议案名称：发行方式 一、会议召开和出席情况 （一）股东会召开的时间：2026年1月28日 ...

Market Performance - The metal new materials sector increased by 1.25% on January 28, with Galaxy Magnet leading the gains [1] - The Shanghai Composite Index closed at 4151.24, up 0.27%, while the Shenzhen Component Index closed at 14342.9, up 0.09% [1] Top Gainers - Galaxy Magnet (300127) closed at 36.68, up 7.88% with a trading volume of 307,500 shares and a transaction value of 1.089 billion [1] - Zhongke Magnet (301141) closed at 64.62, up 6.88% with a trading volume of 117,400 shares and a transaction value of 742 million [1] - Dadi Bear (688077) closed at 35.51, up 5.62% with a trading volume of 91,100 shares and a transaction value of 316 million [1] Sector Fund Flow - The metal new materials sector saw a net inflow of 204 million from institutional investors, while retail investors experienced a net outflow of 88.55 million [2] - The main stocks with significant net inflows included XinKe Materials (600255) with 70.33 million and Tianhe Magnetic Materials (603072) with 69.00 million [3] Notable Decliners - Longda Co. (688231) closed at 31.44, down 3.56% with a trading volume of 70,000 shares and a transaction value of 222 million [2] - Sry New Materials (688102) closed at 42.46, down 2.73% with a trading volume of 236,100 shares and a transaction value of 1.004 billion [2]

Core Viewpoint - Jiangsu Dingsheng New Energy Materials Co., Ltd. expects to achieve a net profit attributable to shareholders of the parent company ranging from 470 million to 550 million yuan in 2025, representing an increase of 169 million to 249 million yuan compared to the previous year, with a growth rate of 56.15% to 82.72% [1] Financial Performance - The company anticipates a net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, to be between 440 million and 520 million yuan for the year 2025, which is an increase of 169 million to 249 million yuan year-on-year, reflecting a growth rate of 62.36% to 91.88% [1]

博迁新材25年预告：业绩翻倍，MLCC+铜粉双擎驱动 # 申万电新 财务： 预计25年归母净利2.0-2.4亿元(+129%-174%)，扣非1.9-2.28亿元(+160%-212%)。 Q4单季0.48-0.88亿元出货顺畅，产品向高规格升级，盈利能力显著修复。 MLCC业务：AI算力拉动+大单落地，26年量价齐升 1）需求： AI芯片算力升级带动高端MLCC用纳米镍粉需求超预期，加上消费电子复苏，景气度上行 2）订单： 三星50亿大单落地，核心客户同步加单，验证高端粉体统治力 博迁新材25年预告：业绩翻倍，MLCC+铜粉双擎驱动 # 申万电新 财务： 预计25年归母净利2.0-2.4亿元(+129%-174%)，扣非1.9-2.28亿元(+160%-212%)。 Q4单季0.48-0.88亿元出货顺畅，产品向高规格升级，盈利能力显著修复。 MLCC业务：AI算力拉动+大单落地，26年量价齐升 1）需求： AI芯片算力升级带动高端MLCC用 3）趋势：2026年板块有望"量价齐升"，提供稳健高增基本盘。 光伏铜粉：铜代银0-1突破，独家供应打开空间 1）突破： 铜代银在BC电池落地，成本较银浆降0.15元 ...

Core Viewpoint - Jiangnan New Materials has shown a positive performance in terms of stock price and financial results, indicating growth potential in the copper-based new materials sector [1][2]. Group 1: Stock Performance - On January 27, Jiangnan New Materials' stock rose by 3.00%, with a trading volume of 207 million yuan [1]. - The financing buy-in amount on the same day was 14.88 million yuan, while the financing repayment was 20.05 million yuan, resulting in a net financing buy of -5.18 million yuan [1]. - As of January 27, the total margin trading balance for Jiangnan New Materials was 171 million yuan, accounting for 6.08% of its circulating market value [1]. Group 2: Financial Performance - For the period from January to September 2025, Jiangnan New Materials achieved an operating income of 7.569 billion yuan, representing a year-on-year growth of 18.34% [2]. - The net profit attributable to shareholders for the same period was 165 million yuan, reflecting a year-on-year increase of 21.95% [2]. - Cumulative cash dividends since the A-share listing amount to 53.93 million yuan [2]. Group 3: Shareholder Structure - As of September 30, 2025, the number of shareholders for Jiangnan New Materials was 9,904, a decrease of 60.29% compared to the previous period [2]. - The average circulating shares per person increased to 2,950 shares, up by 156.98% from the previous period [2]. - The top circulating shareholders include several new institutional investors, with Huaxia Industry Prosperity Mixed A being the largest, holding 1.6299 million shares [2].