Group 1 - Zhejiang Zhongke Qiyuan Import and Export Co., Ltd. has been established with a registered capital of 10 million yuan [1] - The legal representative of the company is Wu Angwei [1] - The business scope includes sales of magnetic materials, rare earth functional materials, electronic components and electromechanical equipment, metal products, and plastic products [1] Group 2 - The company is wholly owned by Zhongke Magnetic Industry (301141) through indirect shareholding [1]

Core Insights - The stock price of Ximic Technology reached 42.34 yuan as of August 25, 2025, reflecting a 2.74% increase from the previous trading day [1] - The company reported a revenue of 47.22 million yuan for the first half of 2025, representing a year-on-year decline of 26.15%, and a net profit attributable to shareholders of 2.13 million yuan, down 84.82% year-on-year [1] Company Overview - Ximic Technology specializes in the research, production, and sales of magnetic filtration equipment and magnetic application components, with applications in electronic materials, chemicals, food, and pharmaceuticals [1] - The company is recognized as a national "specialized, refined, and innovative" small giant enterprise and a national high-tech enterprise [1] Performance Factors - The decline in performance is attributed to four main factors: 1. Decreased demand in the domestic lithium battery sector 2. Export controls on rare earth-related items in foreign markets 3. Increased market competition and higher technical requirements for products 4. Pressure from rising costs and reduced government subsidies [1] - Export revenue decreased by 32.54% compared to the previous period, and government subsidies fell by 7.45 million yuan year-on-year [1]

Group 1: Investor Relations Activity Overview - The company held an earnings briefing on May 7, 2025, via an online platform [3] - Participants included the chairman, general manager, board secretary, financial officer, and sponsor representative [3] Group 2: Research and Development Investment - In 2024, the company invested ¥8,477,019.56 in R&D, developing over 10 new products [4] - New products include rare earth permanent magnet materials and powder metallurgy products, with some already in mass production [4] Group 3: Revenue Contribution and Growth - The contribution of new products to revenue is expected to increase in the coming years as production scales up [4] - The company's main business revenue grew by 7.65% year-on-year in 2024 [5] Group 4: Quarterly Performance Fluctuations - The company experienced fluctuations in revenue and net profit across quarters, with Q4 showing a year-on-year increase of 7.93% in revenue and 4.62% in net profit [4] - These fluctuations are attributed to market cycles [4] Group 5: Future Business Strategies - The company plans to leverage products from fundraising projects, such as iron oxide permanent magnets and rare earth magnets, to drive future revenue growth [5] - Currently, there are no plans for product exports, but future considerations will depend on market conditions [5]