Two consecutive declines in performance! Last year's total profit completion rate was less than 50%. China Northern Rare Earth's operational goals continue to be adjusted downward this year | Interpretations

①Due to the continued decline in rare earth product prices, China Northern Rare Earth's revenue and net profit are expected to further decrease in 2024; ② Last year, China Northern Rare Earth and its subsidiaries collectively recorded an asset impairment provision of 0.44 billion yuan, including a provision for inventory decline of 0.291 billion yuan; ③ The production and operation target for China Northern Rare Earth in 2025 is to achieve revenue of over 37.217 billion yuan and total profit of over 2.82 billion yuan.

cls.cnApr 18 20:58 ET

Q1 performance increased more than sevenfold year-on-year. China Northern Rare Earth: currently, the overall capacity utilization rate is above 80% | Interpretations

① After experiencing nearly two years of downturn, China Northern Rare Earth will welcome a new performance turning point in 2025; ② The company stated that in the first quarter of 2025, the prices of major rare earth products, represented by lanthanum and neodymium products, are on the rise, with good transaction volume; ③ The overall capacity utilization rate of the company is currently over 80%, and it is expected that the implementation of export control measures related to medium and heavy rare earth items will have little impact on the company's operations.

cls.cnApr 8 07:34 ET

In January, lithium battery companies' production scheduling improved, and the supply-demand relationship is expected to continue to improve after the Spring Festival.

① Recently released data from Shenzhen GaoGong Industry Research Institute indicates that lithium battery companies are expected to adjust their production schedules upwards in January 2025. ② A Research Report from Soochow states that production is expected to rebound rapidly after the Spring Festival, and the supply-demand relationship will continue to improve.

cls.cnJan 6 18:51 ET

Big changes! China Northern Rare Earth cancels the listing price and adopts the real-time Quote from the Rare Earth Exchange. Is the Trade for rare earth prices based on the "Baotou Index" being put on the agenda?

① Starting from January 2025, China Northern Rare Earth will no longer publish listed prices, and future long-term contract prices will use the real-time Quote from the Rare Earth Exchange; ② The Rare Earth Exchange will collect prices, and the landscape of rare earth Quote merchants will undergo a "major reshuffle," and the related Trade prices of rare earth concentrates may also change; ③ China Northern Rare Earth adopting the Quote from the Rare Earth Exchange is more fundamentally aimed at creating a rare earth price trading "Baotou Index."

cls.cnJan 6 03:23 ET

Accelerate the development of "non-lithium" projects. Sinomine Resource Group announces two investment plans with a scale exceeding 5.7 billion yuan｜Read the announcement quickly.

① Sinomine Resource Group announced today investment plans for two subsidiaries, involving Copper and Other Metals, with an intended investment scale exceeding 5.7 billion yuan. ② In fact, Sinomine Resource Group has been laying out plans for Copper mines for many years, but no revenue from Copper-related products exceeding 10% has been observed in annual reports over the years. Since the beginning of this year, the pace of advancement in Copper mining by Sinomine Resource Group has significantly accelerated.

cls.cnDec 27, 2024 10:59 ET

One month later, Yunnan Lincang Xinyuan Germanium Industry, a Semiconductor company, increased its capital by 0.4 billion yuan. The "Huawei system" may relinquish its position as the second Shareholder.丨Read the announcement quickly.

① One month later, Yunnan Lincang Xinyuan Germanium Industry's subsidiary Xinyao Pufang plans to increase capital by 0.4 billion yuan again; ② After introducing shareholders like the "national team", the "Huawei system" may relinquish the position of the second shareholder.

cls.cnDec 19, 2024 18:17 ET