Jinli Permanent Magnet (06680) is profitable. Net profit for the year is expected to return to mother of 660 million yuan to 760 million yuan, an increase of 127%-161% year-on-year

According to the Zhitong Finance App, Jinli Permanent Magnet (06680) announced that the group expects to obtain a net profit of RMB 660 million to RMB 760 million from shareholders of listed companies for the year ending December 31, 2025, an increase of 127%-161% over the previous year.

In 2025, the company will keep in mind that “technological innovation is the lifeblood of an enterprise”, increase investment in technology research and development, and lead the development of enterprises with technological innovation. The company's product production and sales reached a record high, further consolidating its leading position in the global rare earth permanent magnet industry. Against the backdrop of increasing competition in the industry, the company's management adheres to a steady and compliant management policy, actively expands the market, and continuously improves operational efficiency and profitability while ensuring delivery through measures such as organizational optimization, lean management, and flexible adjustment of raw material inventory strategies.

Our products are widely used in new energy vehicles and automotive parts, energy-saving inverter air conditioners, wind power generation, robots and industrial servo motors, 3C, low-altitude aircraft, energy-saving elevators, etc., and we have established long-term and stable cooperative relationships with leading domestic and foreign companies in various fields. This year, the company has delivered small batches of manufactured robot motor rotors, magnetic products, and products in the field of low-altitude aircraft.

The estimated impact of non-recurring profit and loss on net profit during the reporting period is approximately RMB 80 million.

This year, due to A-share and H-share equity incentives and the issuance of H-share convertible bonds, the total related share payment fees and financial expenses were approximately RMB 110 million.