两连板北方稀土：不存在应披露而未披露的重大事项

Core Viewpoint - Northern Rare Earth's stock experienced significant fluctuations, with a cumulative price increase of 20% over three consecutive trading days, prompting an announcement confirming stable operations and no major changes in market conditions or company activities [1] Group 1: Stock Performance and Market Reaction - Northern Rare Earth's stock price deviated significantly, with a 20% increase over three trading days, triggering abnormal trading conditions [1] - The company confirmed that its production and operations are normal, and there are no undisclosed major transactions or restructuring activities [1] - On July 11, related rare earth permanent magnet stocks surged, with multiple companies, including Northern Rare Earth, hitting the daily limit [1] Group 2: Financial Performance - Northern Rare Earth is expected to achieve a net profit of 900 million to 960 million yuan for the first half of 2025, representing a year-on-year increase of 1882.54% to 2014.71% [2] - The company anticipates a non-deducted net profit of 880 million to 940 million yuan, reflecting a growth of 5538.33% to 5922.76% year-on-year [2] - The company has improved production efficiency and optimized product structure to meet high-value market demands [2] Group 3: Major Asset Projects - Northern Rare Earth is enhancing its raw material industry advantage with the completion of the first phase of its green smelting upgrade project [3] - The company has established a joint venture, Northern Jinlong, with an investment of 153 million yuan to build a production line with an annual capacity of 5000 tons of rare earth oxide separation [3] - The joint venture has recently passed antitrust review and completed business registration [3]