Group 1 - The rare earth permanent magnet sector is experiencing a significant rally, with Longmag Technology reaching a new high during trading [1] - Beikong Technology has hit the daily limit increase, while Lizhong Group has risen over 10% [1] - Other companies such as Northern Rare Earth, Jinli Permanent Magnet, Dadi Bear, China Rare Earth, and Shenghe Resources are also seeing gains [1]

知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 近一年中国稀土出口情况统计图 上市企业：中国稀土（000831），北方稀土（600111），广晟有色（600259），盛和资源（600392） 数据来源：中国海关，智研咨询整理 相关报告：智研咨询发布的《2025-2031年中国稀土行业竞争战略分析及市场需求预测报告》 近一年中国稀土进口情况统计图 根据中国海关数据显示：2025年6月中国稀土进口数量为0.84万吨，同比下降13.7%，进口金额为1.55亿 美元，同比增长16.1%，2025年6月中国稀土出口数量为0.77万吨，同比增长60.3%，出口金额为0.23亿 美元，同比下降46.9%。 数据来源：中国海关，智研咨询整理 ...

8月22日，工业和信息化部等三部门联合发布《稀土开采和稀土冶炼分离总量调控管理暂行办法》，新 规调整了指标下达流程，将管控层级下沉至县级单位。该政策首次将进口稀土矿及独居石纳入冶炼分离 指标管理，市场预期将强化行业供给端约束。 资金流向数据显示，盛和资源8月26日主力资金净流出6.86亿元，近五个交易日累计净流出16.74亿元。 风险提示：市场有风险，投资需谨慎。本文所载信息仅供参考，不构成任何投资建议。 截至2025年8月26日15时，盛和资源股价报23.60元，较前一交易日下跌1.34元，跌幅5.37%。当日开盘 价为24.70元，最高触及24.85元，最低下探至23.57元，成交量为178.13万手，成交金额达42.64亿元。 盛和资源主营业务为稀土矿采选、冶炼分离及深加工，产品广泛应用于新能源、新材料等领域。公司所 属行业为有色金属板块，涉及小金属、四川区域等细分领域。 ...

沪指8月26日下跌0.39%，申万所属行业中，今日上涨的有17个，涨幅居前的行业为农林牧渔、美容护 理，涨幅分别为2.62%、2.04%。跌幅居前的行业为医药生物、非银金融，跌幅分别为1.09%、1.06%。 有色金属行业今日下跌0.21%。 主力资金净流出的行业有29个，有色金属行业主力资金净流出规模居首，全天净流出资金107.12亿元， 其次是医药生物行业，净流出资金为82.54亿元，净流出资金较多的还有国防军工、非银金融、电力设 备等行业。 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 600111 | 北方稀土 | -6.79 | 11.27 | -498533.83 | | 000831 | 中国稀土 | -6.86 | 8.93 | -73462.23 | | 600392 | 盛和资源 | -5.37 | 10.16 | -69831.15 | | 300748 | 金力永磁 | 2.86 | 16.99 | -57241.14 | | 002378 | 章源钨业 | 9.34 | ...

Group 1 - The rare earth permanent magnet sector experienced a decline of 1.98%, ranking among the top losers in the concept sector, with companies like Baogang Co., China Rare Earth, and Northern Rare Earth leading the declines [1][2] - Among the 15 stocks that rose, Linyi Intelligent Manufacturing, Yujing Co., and Fangbang Co. saw increases of 10.03%, 7.63%, and 5.99% respectively [1][2] - The rare earth permanent magnet sector faced a net outflow of 11.377 billion yuan, with 44 stocks experiencing net outflows, and 13 stocks seeing outflows exceeding 1 billion yuan [2][3] Group 2 - Northern Rare Earth had the highest net outflow of 4.985 billion yuan, followed by Baogang Co. and China Rare Earth with net outflows of 2.414 billion yuan and 735 million yuan respectively [2][3] - The stocks with the highest net inflows included Linyi Intelligent Manufacturing, Huicheng Environmental Protection, and Chifeng Gold, with inflows of 218 million yuan, 94.288 million yuan, and 93.035 million yuan respectively [2][4] - The trading volume for Northern Rare Earth was 11.27%, while Baogang Co. had a turnover rate of 9.75% [3][4]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 002378 | 章源钨业 | 14.63 | 9.34% | 254.55万 | | 33.41亿 | | 600301 | 华锡有色 | 30.25 | 4.06% | 22.31万 | | 6.82亿 | | 601958 | 金铜股份 | 15.07 | 2.87% | 59.26万 | | 8.85亿 | | 000657 | 中钨高新 | 19.36 | 0.99% | 115.82万 | | 22.15亿 | | 002978 | 安宁股份 | 32.65 | 0.93% | 7.49万 | | 2.43亿 | | 002738 | 中矿资源 | 40.94 | 0.74% | 24.28万 | | 9.96亿 | | 002428 | 云南错业 | 28.12 | 0.46% | 105.30万 | | 30.20亿 | | 000962 | 东方银业 | 21.01 | -0.19% | 23.39万 | | 4. ...

A股市场稀土永磁板块集体回调，其中，北方稀土跌超7%，包钢股份、奔朗新材、中国稀土、广晟有 色跌超6%，华宏科技、新莱福、盛和资源、三川智慧、中科磁业跌超5%。 | 代码 | 名称 | | 涨幅% ↑ | 总市值 | 年初至今涨幅% | | --- | --- | --- | --- | --- | --- | | 600111 | 北方稀土 | 1 | -7.19 | 1768亿 | 130.73 | | 600010 | 包钢股份 | 1 | -6.69 | 1264亿 | 50.00 | | 836807 | 奔朗新材 | -08- | -6.20 | 39.10亿 | 174.49 | | 000831 | 中国稀土 | 1 | -6.11 | 502亿 | 68.77 | | 600259 | 广晟有色 | | -6.06 | 210亿 | 124.02 | | 002645 | 华宏科技 | 1 | -5.90 | 99.25亿 | 147.95 | | 301323 | 新来福 | 1 | -5.38 | 58.67亿 | 41.86 | | 600392 | 盛和资源 | 1 | -5.33 ...

Group 1 - Rare earth concept stocks have declined, with Northern Rare Earth falling over 7%, China Rare Earth and Baotou Steel dropping over 6%, and Shenghe Resources decreasing over 5% [1] - The ETF tracking the CSI Rare Earth Industry Index has also seen a decline of over 2% due to market influences [1] Group 2 - The CSI Rare Earth Industry Index includes listed companies involved in rare earth mining, processing, trading, and applications, reflecting the overall performance of rare earth industry securities [2] - Analysts indicate that under the ongoing push for "carbon neutrality" policies, there is rapid growth in demand for high-end magnetic materials driven by sectors such as new energy vehicles, wind power generation, and energy-saving motors [2] - The recovery in traditional manufacturing demand and the accelerated deployment of humanoid robots are injecting growth momentum into rare earth demand [2]

Core Viewpoint - The Ministry of Industry and Information Technology (MIIT), along with the National Development and Reform Commission and the Ministry of Natural Resources, has officially released the "Interim Measures for Total Quantity Control Management of Rare Earth Mining and Smelting Separation" on August 22, 2023, which aims to regulate the rare earth industry more effectively and protect resources [1][2]. Group 1: Policy Background and Changes - The new measures are based on the "Rare Earth Management Regulations" announced by the State Council, which will take effect on October 1, 2024, establishing total quantity control for rare earth mining and smelting separation [1][2]. - The new measures replace the previous 2012 notification, which was deemed outdated due to changes in the industry [1][2]. - The new policy allows for a broader definition of rare earth production enterprises, not limited to large state-owned groups, thus providing opportunities for other companies, including those engaged in imported ore processing [4][6]. Group 2: Implementation and Reporting Changes - The reporting structure has shifted from a provincial level to a county level, streamlining the process and enhancing efficiency in data reporting [5][7]. - The new measures require enterprises to report their monthly and annual data to local county-level authorities, which will then aggregate and report to higher levels, simplifying the previous multi-tiered reporting system [5][7]. - The inclusion of imported rare earth ores and independent minerals into the smelting separation index management is a significant change, allowing for better control over these resources [7]. Group 3: Market Impact and Future Outlook - The implementation of the new measures is expected to significantly constrain the supply side of rare earth smelting and separation, potentially leading to a revaluation of smelting assets and stimulating market activity in the rare earth sector [8]. - The upcoming peak season for electric vehicles is anticipated to drive strong replenishment demand from domestic and international companies, contributing to a rapid increase in rare earth prices [8]. - The measures are designed to stabilize market prices and prevent excessive resource extraction, although there are concerns that the inability to quickly adjust supply in response to rising demand could lead to price increases and supply shortages [8][9].

Core Viewpoint - The rare earth industry is experiencing positive performance in mid-year reports due to policy support and growing demand, with the Wande Rare Earth Concept Index rising by 19.41% since August 18 [1] Policy Support - The Ministry of Industry and Information Technology, the National Development and Reform Commission, and the Ministry of Natural Resources jointly announced a temporary regulation on total quantity control for rare earth mining and separation [1][2] - The regulation mandates that rare earth production companies are responsible for adhering to total quantity control indicators and must report their compliance to local government authorities [2] - The regulation aims to enhance oversight of the rare earth supply chain, including previously unregulated imported ore processing [2] Strong Mid-Year Performance - Northern Rare Earth's mid-year profit forecast for 2025 indicates a net profit of 900 million to 960 million yuan, a year-on-year increase of 1882.54% to 2014.71% [3] - China Rare Earth expects a net profit of 136 million to 176 million yuan for the first half of 2025, recovering from a loss of 244 million yuan in the same period last year [3] - Shenghe Resources anticipates a net profit of 305 million to 385 million yuan, driven by rising prices and improved production and marketing strategies [3] Investment Opportunities - Analysts suggest that the rare earth sector may face a supply shortage from 2025 to 2026 due to domestic quota systems and slow overseas expansion [4] - The demand for high-end magnetic materials in sectors like electric vehicles and wind power is rapidly increasing, leading to a shift in the supply-demand balance towards scarcity [4] - The domestic permanent magnet industry is experiencing strong demand, with some companies extending production schedules into mid-October [4]