宝武镁业所属申万行业为：有色金属-小金属-其他小金属。所属概念板块包括：汽车轻量化、一体化压 铸、富士康概念、小米概念、3D打印等。 截至9月30日，宝武镁业股东户数6.33万，较上期增加1.43%；人均流通股13666股，较上期减少1.41%。 2025年1月-6月，宝武镁业实现营业收入43.52亿元，同比增长6.78%；归母净利润6412.42万元，同比减 少46.47%。 10月21日，宝武镁业盘中上涨2.17%，截至13:19，报14.13元/股，成交1.58亿元，换手率1.30%，总市值 140.14亿元。 资金流向方面，主力资金净流入390.69万元，特大单买入772.97万元，占比4.90%，卖出924.43万元，占 比5.86%；大单买入4233.86万元，占比26.86%，卖出3691.70万元，占比23.42%。 宝武镁业今年以来股价涨25.82%，近5个交易日跌5.10%，近20日跌8.96%，近60日涨15.25%。 资料显示，宝武镁业科技股份有限公司位于江苏省南京市溧水区东屏街道开屏路11号，成立日期1993年 11月30日，上市日期2007年11月13日，公司主营业务涉及镁、铝合金 ...

Core Viewpoint - Baowu Magnesium Industry's stock price has shown significant fluctuations, with a year-to-date increase of 39.98% and a recent decline of 4.50% over the last five trading days [1][2] Company Overview - Baowu Magnesium Industry Co., Ltd. is located in Nanjing, Jiangsu Province, established on November 30, 1993, and listed on November 13, 2007. The company specializes in the production and deep processing of magnesium and aluminum alloy materials [1] - The main business revenue composition includes: aluminum alloy extrusion products (35.90%), magnesium alloy products (26.03%), intermediate alloys (13.14%), magnesium-aluminum alloy die-casting products (11.10%), aluminum alloy products (6.67%), and others [1] Financial Performance - For the first half of 2025, Baowu Magnesium Industry achieved operating revenue of 4.352 billion yuan, a year-on-year increase of 6.78%, while the net profit attributable to shareholders decreased by 46.47% to 64.1242 million yuan [2] - The company has distributed a total of 738 million yuan in dividends since its A-share listing, with 206 million yuan distributed in the last three years [3] Shareholder Information - As of September 20, 2025, the number of shareholders increased to 62,400, with an average of 13,861 circulating shares per person, a decrease of 3.11% [2] - Major shareholders include Hong Kong Central Clearing Limited, which holds 12.2277 million shares, and Southern CSI 1000 ETF, which holds 6.4054 million shares, both showing increases in holdings [3]

南方中证1000ETF（512100）成立日期2016年9月29日，最新规模649.53亿。今年以来收益28.17%，同 类排名1822/4222；近一年收益72.87%，同类排名1263/3804；成立以来收益13.43%。 南方中证1000ETF（512100）基金经理为崔蕾。 9月18日，宝武镁业跌5.1%，截至发稿，报15.62元/股，成交11.62亿元，换手率8.39%，总市值154.92亿 元。 资料显示，宝武镁业科技股份有限公司位于江苏省南京市溧水区东屏街道开屏路11号，成立日期1993年 11月30日，上市日期2007年11月13日，公司主营业务涉及镁、铝合金材料的生产及深加工、销售业务。 主营业务收入构成为：铝合金挤压产品35.90%，镁合金产品26.03%，中间合金13.14%，镁铝合金压铸 产品11.10%，铝合金产品6.67%，其他(补充)2.83%，模板租赁1.27%，矿产品1.19%，其他1.04%，金属 锶0.82%。 从宝武镁业十大流通股东角度 数据显示，南方基金旗下1只基金位居宝武镁业十大流通股东。南方中证1000ETF（512100）二季度增 持119.98万股，持有股数6 ...

9月17日，宝武镁业涨5.27%，截至发稿，报16.99元/股，成交6.12亿元，换手率4.31%，总市值168.51亿 元。 资料显示，宝武镁业科技股份有限公司位于江苏省南京市溧水区东屏街道开屏路11号，成立日期1993年 11月30日，上市日期2007年11月13日，公司主营业务涉及镁、铝合金材料的生产及深加工、销售业务。 主营业务收入构成为：铝合金挤压产品35.90%，镁合金产品26.03%，中间合金13.14%，镁铝合金压铸 产品11.10%，铝合金产品6.67%，其他(补充)2.83%，模板租赁1.27%，矿产品1.19%，其他1.04%，金属 锶0.82%。 从宝武镁业十大流通股东角度 数据显示，华夏基金旗下1只基金位居宝武镁业十大流通股东。华夏中证1000ETF（159845）二季度新 进十大流通股东，持有股数378.15万股，占流通股的比例为0.44%。根据测算，今日浮盈赚取约321.43 万元。 华夏中证1000ETF（159845）成立日期2021年3月18日，最新规模382.27亿。今年以来收益26.87%，同 类排名1825/4222；近一年收益71.23%，同类排名1256/3804 ...

Core Viewpoint - Baowu Magnesium Industry's stock price has experienced fluctuations, with a recent decline of 3.80%, while the company has shown significant growth in stock price year-to-date and over various trading periods [1][2]. Company Overview - Baowu Magnesium Industry Co., Ltd. is located in Nanjing, Jiangsu Province, established on November 30, 1993, and listed on November 13, 2007. The company specializes in the production and deep processing of magnesium and aluminum alloy materials [1]. - The main business revenue composition includes: aluminum alloy extrusion products (35.90%), magnesium alloy products (26.03%), intermediate alloys (13.14%), magnesium-aluminum alloy die-casting products (11.10%), aluminum alloy products (6.67%), and others [1]. Financial Performance - For the first half of 2025, Baowu Magnesium Industry achieved operating revenue of 4.352 billion yuan, a year-on-year increase of 6.78%. However, the net profit attributable to shareholders decreased by 46.47% to 64.1242 million yuan [2]. - The company has distributed a total of 738 million yuan in dividends since its A-share listing, with 206 million yuan distributed in the last three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders increased to 60,500, with an average of 14,307 circulating shares per person, a decrease of 5.95% from the previous period [2]. - Major shareholders include Hong Kong Central Clearing Limited, which holds 12.2277 million shares, and Southern CSI 1000 ETF, which holds 6.4054 million shares, both showing increases in holdings [3].

Group 1 - Baowu Magnesium Industry's stock rose by 5.33% to 15.62 CNY per share, with a trading volume of 935 million CNY and a turnover rate of 7.27%, resulting in a total market capitalization of 15.492 billion CNY [1] - The company, established on November 30, 1993, and listed on November 13, 2007, is located in Lishui District, Nanjing, Jiangsu Province, and specializes in the production and deep processing of magnesium and aluminum alloy materials [1] - The revenue composition of Baowu Magnesium Industry includes: aluminum alloy extrusion products (35.90%), magnesium alloy products (26.03%), intermediate alloys (13.14%), magnesium-aluminum alloy die-casting products (11.10%), aluminum alloy products (6.67%), and others [1] Group 2 - Southern Fund's Southern CSI 1000 ETF (512100) is among the top ten circulating shareholders of Baowu Magnesium Industry, having increased its holdings by 1.1998 million shares in Q2, totaling 6.4054 million shares, which represents 0.74% of the circulating shares [2] - The Southern CSI 1000 ETF (512100) was established on September 29, 2016, with a latest scale of 64.953 billion CNY, achieving a year-to-date return of 22.64% and a one-year return of 62.7% [2] - The fund manager of Southern CSI 1000 ETF is Cui Lei, who has been in the position for 6 years and 310 days, with a total asset scale of 94.976 billion CNY [3]

Investment Rating - The investment rating for the company is "Accumulate" with a target price not specified [6] Core Views - The company is positioned to benefit from the recovery in magnesium prices after a challenging period, with a significant increase in revenue driven by the sales of aluminum alloy extrusion products and intermediate alloys [1][5] - The company has a complete magnesium industry chain with production capacities expected to reach over 500,000 tons per year for both raw magnesium and magnesium alloys [2] - The demand for magnesium is anticipated to grow due to the trend towards lightweight materials in various applications, particularly in the automotive sector [5] Financial Performance - In the first half of 2025, the company achieved revenue of 4.352 billion yuan, a year-on-year increase of 6.78%, while the net profit attributable to the parent company was 64.1242 million yuan, a decrease of 46.47% year-on-year [1] - The gross profit margin for the first half of 2025 was 10.23%, down 1.62 percentage points year-on-year, but there are signs of recovery as magnesium prices begin to rise [4] - The company expects net profits for 2025-2027 to be 178 million, 346 million, and 519 million yuan respectively, reflecting an upward revision due to improving magnesium prices [5] Business Development - The company is expanding its magnesium alloy applications, achieving significant revenue from magnesium alloy and deep processing businesses, which accounted for 37.13% of total revenue [3] - Strategic partnerships with automotive manufacturers like Seres and Geely are being leveraged to enhance market presence and product development [3] - The company has begun mass production of large magnesium alloy integrated die-casting parts, marking a significant advancement in its product offerings [3] Market Position - The company is recognized as a leader in the magnesium sector, with strong competitive advantages in both raw magnesium and magnesium alloy deep processing [5] - The current market conditions, including low magnesium prices, are seen as an opportunity for the company to accelerate the introduction of magnesium in new application areas [5]

Group 1 - Minglida has invested nearly $200 million in Mexico and Hungary, completing its "dual hub" strategic layout for North America and Europe [1] - In 2024, Minglida's automotive segment achieved revenue of 1.434 billion yuan, a year-on-year increase of 20.67%, becoming the new growth pillar by surpassing solar and energy storage businesses [1] - In Q1 2025, Minglida reported revenue of 655 million yuan, reflecting a year-on-year growth of 17.99%, indicating steady operational progress [1] Group 2 - Minglida is strategically positioning itself in Mexico to address the restructuring of the global new energy supply chain and local customer demands, with cumulative investments exceeding 710 million yuan since 2023 [1] - The company is developing an integrated production capacity for aluminum alloy extrusion, die-casting, injection molding, and deep processing, with a planned area of 200 acres and a building area of 100,000 square meters [1] - The Mexican base will import mature manufacturing technologies and management systems from China while enhancing local innovation capabilities, becoming a core hub for the North American market [2]