Group 1: Investor Relations Activity Overview - The company held an earnings briefing on May 9, 2025, via an online platform [4] - Participants included the Chairman and General Manager, the Secretary of the Board, and representatives from the underwriting team [4] Group 2: Financial Performance and Ratios - In 2024, the company experienced revenue declines across all product segments due to weakened demand in the lithium battery industry [6] - Magnetic filtration equipment accounted for 60.03% of revenue, totaling 74.96 million CNY, down 37.40% year-on-year - Magnetic rods represented 18.22% of revenue, totaling 22.75 million CNY, down 40.81% year-on-year - Heavy-duty products made up 20.16% of revenue, totaling 25.17 million CNY, down 8.86% year-on-year - Other products accounted for 1.58% of revenue, totaling 1.98 million CNY, down 34.25% year-on-year [6] - The company's liquidity ratios were healthy, with a current ratio of 7.37 and a quick ratio of 6.64 [7] - The net cash flow from operating activities for 2024 was 23.49 million CNY, indicating sufficient cash flow to cover short-term debts [7] Group 3: Market Expansion and Future Plans - In 2024, the company participated in various industry exhibitions to penetrate new markets, including chemicals and pharmaceuticals [8] - The company plans to focus on innovation and cost reduction in 2025, aiming for stable performance [9] - Key projects for 2025 include the development of robotic welding projects and the implementation of a Manufacturing Execution System (MES) [9] Group 4: Research and Development Investment - R&D expenses accounted for 6.04% of revenue, aligning with industry standards [11] - The company is developing high-precision electromagnetic separation equipment to meet the demands of lithium battery manufacturers [11] - New products include a dry magnetic separator for fly ash, achieving a recovery rate of ≥80% for magnetic components [11]

证券简称：西磁科技证券代码：836961 浙江省宁波市镇海区澥浦镇丽浦路 99 号 宁波西磁科技发展股份有限公司 宁波西磁科技发展股份有限公司招股说明书（申报稿） 本公司的发行申请尚未经中国证监会注册。本招股说明书申报稿不具有据以发行股票的法律效 力，投资者应当以正式公告的招股说明书全文作为投资决定的依据。 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主要 服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面临较 大的市场风险。投资者应充分了解北京证券交易所市场的投资风险及本公司所披露的风险因素，审 慎作出投资决定。 保荐机构（主承销商） （深圳市福田区福田街道益田路 5023 号平安金融中心 B 座第 22-25 层） 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明 其对注册申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明 其对发行人的盈利能力、投资价值或者对投资者的收益作出实质性判断或者保证。 任何与之相反的声明均属虚假不实陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由发 行人自行负 ...