2026-03-26 11:32Financial Performance - In 2025, the company achieved total revenue of RMB 7.718 billion, a year-on-year increase of 14.11%, and main business revenue of RMB 7.028 billion, up 19.00% [2] - Net profit attributable to shareholders reached RMB 706 million, a significant increase of 142.44%, while the net profit excluding share-based payment impacts was RMB 804 million, up 173.58% [2] - The comprehensive gross profit margin improved to 21.18%, up 10.05 percentage points from the previous year [2] Production and Sales - The company produced approximately 34,400 tons of magnetic materials in 2025, a year-on-year increase of 17.31%, and sold about 25,300 tons, up 21.25% [3] - The company maintained a leading position in the global market for new energy vehicles, energy-efficient variable frequency air conditioners, and wind power [3] Revenue Breakdown by Application - New Energy Vehicles: Revenue of RMB 3.941 billion, a 30.31% increase, with approximately 6.5 million new energy passenger vehicles sold [4] - Energy-efficient Variable Frequency Air Conditioners: Revenue of RMB 1.917 billion, a 12.66% increase, with around 9,600 units sold [4] - Wind Power: Revenue of RMB 488 million, a 3.57% increase, with an installed capacity of approximately 12 GW [4] - Robotics and Industrial Servos: Revenue of RMB 300 million, a 45.19% increase [4] - Consumer Electronics: Revenue of RMB 226 million, a 3.33% increase [4] Export Performance - The company reported overseas sales revenue of RMB 1.270 billion, a year-on-year increase of 3.92%, with exports to the U.S. reaching RMB 501 million, up 39.80% [9] Dividend Policy - Since its listing in 2018, the company has implemented cash dividends annually, with a cumulative amount exceeding RMB 1.47 billion and a payout ratio over 50% [10] - For 2025, the company plans to distribute a cash dividend of RMB 2.2 per 10 shares, totaling approximately RMB 302 million, with a cash dividend ratio of about 78% [10] Raw Material Supply and Recycling - The company has established a diversified rare earth resource guarantee system, with 72% of its raw material purchases coming from major suppliers [11] - In 2025, the company recycled 3,681 tons of rare earth raw materials, contributing to its supply chain stability [11] Financial Reserves - As of December 31, 2025, the company held cash reserves of RMB 3.357 billion and large deposits totaling RMB 1.432 billion [12]