登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：301141 证券简称：中科磁业 公告编号：2026-003 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、 本期业绩预计情况 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 12 月 31 日。 （二）业绩预告情况 特此公告。 □扭亏为盈 R同向上升 □同向下降 二、 与会计师事务所沟通情况 本次业绩预告的相关数据是公司财务部门初步测算结果，未经审计机构审计。公司已就业绩预告有关事 项与年报审计会计师事务所进行预沟通，公司与会计师事务所在本次业绩预告方面不存在重大分歧。 三、 业绩变动原因说明 报告期内，一方面随着募投项目部分达产，产能逐渐释放，产销量提升，带动业绩规模增长；另一方面 公司坚持以客户需求为导向，持续推动产品与技术的更新迭代，公司产品从单一电子元器件拓展至磁组 件的集成化升级，目前公司磁组件产品已顺利通过部分客户的验证，进入小批量供货阶段；与此同时， 公司不断深化与头部大客户的战略合作，持续提升在大客户端的市场份额，并加速拓展增量新客户，提 高公司产品的市场占有 ...

Industry Overview - The Ministry of Commerce announced strengthened export controls on dual-use items to Japan, prohibiting exports to military users and any end-users that enhance Japan's military capabilities [1] - Research institutions believe that the current stage of rare earth prices is within an acceptable range for both upstream and downstream sectors, with strict supply controls still in place, leading to expectations of price increases driven by rapid demand recovery [1] - Energy metals such as lithium, cobalt, and nickel continue to benefit from the high demand in the energy storage sector [1] Company Insights - Jinli Permanent Magnet is a leading supplier of high-performance neodymium-iron-boron permanent magnet materials and magnetic components, focusing on research, production, and sales [1] - Longmag Technology is actively developing the soft magnetic industry chain, focusing on soft magnetic powder, magnetic powder cores, and high-frequency magnetic device products [1]

Core Viewpoint - The stock of Jinli Permanent Magnet has experienced a decline of 2.03% on December 18, with a current price of 32.38 yuan per share and a total market capitalization of 44.542 billion yuan. Despite this, the stock has risen 84.18% year-to-date, although it has seen a decline in recent trading days [1]. Financial Performance - For the period from January to September 2025, Jinli Permanent Magnet achieved a revenue of 5.373 billion yuan, representing a year-on-year growth of 7.16%. The net profit attributable to shareholders reached 515 million yuan, marking a significant increase of 161.81% [2]. Shareholder Information - As of September 30, 2025, the number of shareholders for Jinli Permanent Magnet increased to 134,000, up by 35.31% from the previous period. The average circulating shares per person remained at 0 shares [2]. Dividend Distribution - Since its A-share listing, Jinli Permanent Magnet has distributed a total of 1.471 billion yuan in dividends, with 1.084 billion yuan distributed over the past three years [3]. Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited is the fourth largest circulating shareholder, holding 47.706 million shares, an increase of 41.4024 million shares from the previous period. E Fund's ChiNext ETF and Southern CSI 500 ETF have seen reductions in their holdings [3].

Core Viewpoint - The company, Instech (301622.SZ), has achieved steady growth in the rare earth permanent magnet materials application sector, leveraging its strong foundation in consumer electronics and proactive positioning in emerging markets [1][2]. Group 1: Financial Performance - In the first three quarters of 2025, the company reported revenue of 1.027 billion yuan, representing a year-on-year increase of 20.94% [2]. - The net profit for the same period was 123 million yuan, with a gross margin maintained at 25.62%, which is above the industry average, indicating strong profitability [2]. Group 2: Research and Development - The company focuses on the research and production of rare earth permanent magnet materials, with core products including magnetic components (50.02% of revenue) and single magnetic application devices (40.23% of revenue) [2]. - Over the past three years, the compound annual growth rate of R&D expenses has exceeded 16%, with R&D investment reaching 52.9867 million yuan in the first three quarters of 2025 [2]. - The company holds over 300 domestic and international patents, with more than 95% of its products and key technologies supported by patents [2]. Group 3: Client Relationships and Market Expansion - The company has established deep ties with major clients such as Apple, Microsoft, Huawei, and Xiaomi, enhancing its stable revenue stream and rapid response capabilities to high-end manufacturing demands [3]. - The demand for small, high-performance magnetic devices in consumer electronics is increasing, driven by innovations like foldable smartphones and smart wearable devices [3]. - In the automotive sector, the company's products are already applied in safety control systems and sensors, with ongoing collaborations with domestic and international car manufacturers [3]. Group 4: Industry Trends and Future Outlook - The global demand for rare earth permanent magnet materials is expected to grow rigidly due to the "dual carbon" goals, with high-performance neodymium-iron-boron demand projected to exceed 200,000 tons by 2025, reflecting a compound annual growth rate of over 15% [4]. - The company is investing 650 million yuan in an integrated application project for rare earth permanent magnet materials, aiming to produce high-end drive motor magnetic materials and enhance its industry chain [4]. - The company plans to deepen its cooperation in the consumer electronics sector while also expanding into emerging markets like electric vehicles and robotics, leveraging its technological innovation and cost advantages [4].

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].

磁组件是机器人关节伺服电机的核心部件，单台人形机器人需3.5-4kg钕铁硼磁材，相当于1.75台新能源 汽车用量。金力永磁凭借技术突破构筑壁垒：通过晶界渗透技术降低40%重稀土用量，矫顽力达 45kOe，磁组件尺寸精度5μm、良率92%，均远超行业平均水平，累计申请67项机器人相关专利。其产 品已通过特斯拉5万次关节疲劳测试、波士顿动力极寒测试，获国际巨头认证。 2025年，具身机器人行业迈入量产爆发期，全球高端磁材需求同比暴涨150%，金力永磁宁波机器人磁 组件超级工厂的投产恰逢其时。作为全球高性能钕铁硼永磁材料龙头，该工厂投资12亿元，规划年产 3000吨磁材与1亿套磁组件，2025年第二季度正式投产并启动批量交付，为公司抢占行业红利奠定核心 基础。 产能布局持续加码，除宁波工厂外，墨西哥基地同步建成年产100万套专线，规避关税壁垒。2025年公 司高性能磁材总产能达4万吨，2027年将扩至6万吨，可充分覆盖机器人行业亿台级普及后的增量需求。 当前，机器人用永磁体已占公司营收15%且持续增长，随着宁波工厂产能爬坡完成，叠加行业供需缺口 扩大，金力永磁有望在具身机器人时代实现业绩飞跃，巩固全球高端磁组件领域 ...

Core Viewpoint - The company Jinli Permanent Magnet announced a share reduction plan by its directors and senior management due to personal financial needs, which may impact investor sentiment but will not change the company's control or governance structure [1][3]. Share Reduction Plan - Five directors and senior executives plan to reduce their holdings by a total of up to 210.61 million shares, representing 0.15% of the company's total share capital, from November 24, 2025, to February 23, 2026 [1][2]. - The executives involved include Vice President Lü Feng, Vice Presidents Huang Changyuan, Yu Han, Lu Ming, and CFO Xie Hui, with each having specific amounts and percentages of shares they intend to sell [2]. Previous Share Reduction - This is the second share reduction announcement in recent months; the first was on September 8, where a significant shareholder planned to reduce their stake by up to 1% [1][3]. - The previous reduction was executed by Ganzhou Xinshi Investment Management Center, which sold 13.53 million shares, representing 0.99% of the total share capital [3]. Financial Performance - Jinli Permanent Magnet reported a significant increase in financial performance for the first three quarters of 2025, with revenue of 5.373 billion yuan, up 7.16%, and net profit of 515 million yuan, up 161.81% [4]. - The company also reported a basic earnings per share of 0.38 yuan, reflecting a 153.33% increase year-on-year [4]. - In the third quarter alone, revenue reached 1.866 billion yuan, a 12.91% increase, with net profit soaring by 172.65% to 211 million yuan [4]. Stock Performance - The stock price of Jinli Permanent Magnet has shown volatility, reaching a historical high of 47.77 yuan per share on October 13, compared to an opening price of 17.79 yuan on January 2 of the same year [4].

Group 1: Market Dynamics and Material Performance - The potential for samarium iron nitrogen and cerium iron boron to replace neodymium iron boron is limited due to high prices of praseodymium and neodymium. Current samarium iron nitrogen on the market is primarily adhesive type, with sintered types still in R&D, making it less competitive [2][3] - In high-end applications such as consumer electronics and new energy vehicles, neodymium iron boron remains irreplaceable due to its superior performance characteristics, despite the introduction of lower-cost alternatives [3] Group 2: Production Capacity and Customization - The company’s products are highly customized and non-standardized, making it impossible to directly convert production capacity into neodymium iron boron equivalents. Capacity planning is based on specific order requirements and product characteristics [3][4] - The company has achieved small-scale delivery of magnetic materials for humanoid robots, which require high precision and dynamic response, but the overall impact on company performance is currently minimal [3] Group 3: Development of Rare Earth Alternatives - Two main approaches exist for reducing the content of regulated elements like dysprosium and terbium in magnetic materials: one through formulation design and process optimization, and the other via grain boundary diffusion techniques [4] - The company has successfully mass-produced N50SH materials and is in the small-scale validation phase for N52SH materials, with ongoing R&D for other high-performance rare earth-free materials [4]

Core Viewpoint - Jinli Permanent Magnet (300748.SZ) reported a significant increase in revenue and net profit for the first three quarters, indicating strong performance in the rare earth permanent magnet sector driven by rising demand and effective inventory management [1][2]. Company Performance - For the first three quarters, Jinli Permanent Magnet achieved a revenue of 5.373 billion yuan, a year-on-year increase of 7.16%, and a net profit attributable to shareholders of 515 million yuan, up 161.8% [1]. - The company attributed its performance to the rising prices of rare earth raw materials and effective inventory strategies, alongside the gradual release of new production capacity [1]. Product Sales and Market Demand - Sales of products related to new energy vehicles and automotive components increased by 23.46%, generating revenue of 2.615 billion yuan, accounting for nearly half of the total revenue [2]. - Sales in the energy-saving variable frequency air conditioning sector grew by over 18%, with revenue reaching 1.446 billion yuan [2]. - The company's overseas sales amounted to 942 million yuan, with exports to the United States reaching 354 million yuan, a nearly 44% increase year-on-year [2]. Industry Trends - The overall demand for rare earth materials is improving, with a favorable supply-demand dynamic emerging in the market [2]. - The Chinese government is enhancing its strategic control over the rare earth industry through quota management and export restrictions, ensuring resources are directed towards high-end applications [2]. - Global green transformation is driving demand for key rare earth elements, leading to rapid expansion in emerging applications such as permanent magnet materials [2]. Competitor Performance - Other leading companies in the rare earth sector, such as Northern Rare Earth (600111.SH) and Shenghe Resources (600392.SH), are also reporting significant profit increases, indicating a broader industry recovery [3].

Group 1 - The core viewpoint of the news highlights the performance and market position of Jinli Permanent Magnet, which saw a 5.04% increase in stock price, reaching 41.48 CNY per share, with a trading volume of 2.861 billion CNY and a market capitalization of 56.764 billion CNY [1] - Jinli Permanent Magnet, established on August 19, 2008, specializes in the research, production, and sales of high-performance neodymium-iron-boron permanent magnet materials, magnetic components, and the recycling of rare earth permanent magnet materials. The main revenue composition is 91.98% from neodymium-iron-boron magnets and 8.02% from other sources [1] Group 2 - The Qianhai Kaiyuan Fund has a significant position in Jinli Permanent Magnet, with its fund, Qianhai Kaiyuan Hong Kong-Shenzhen Core Resource Mixed A (003304), increasing its holdings by 56,000 shares to a total of 2.6809 million shares, representing 8.36% of the fund's net value, making it the second-largest holding [2] - The Qianhai Kaiyuan Hong Kong-Shenzhen Core Resource Mixed A fund has achieved a year-to-date return of 87.95%, ranking 160 out of 8166 in its category, and a one-year return of 90.79%, ranking 149 out of 8014 [2]