Zhi Tong Cai Jing·2025-08-12 04:02Core Viewpoint - Jinli Permanent Magnet (300748) (06680) experienced a decline of over 4%, currently trading at HKD 18.53 with a transaction volume of HKD 98.83 million [1] Financial Performance - The company plans to hold a board meeting on August 19 to approve its mid-term performance [1] - Jinli Permanent Magnet previously issued a profit warning, expecting revenue of approximately RMB 3.5 billion for the first half of 2025, representing a year-on-year growth of 4% to 5% [1] - The net profit attributable to shareholders is projected to be between RMB 300 million and RMB 335 million, indicating a year-on-year increase of 151% to 180% [1] Market Conditions - Western Securities (002673) noted a significant increase in rare earth raw material prices in the first half of 2025, suggesting a potential revaluation of strategic metal values [1] Financing Activities - Jinli Permanent Magnet announced the completion of a USD 117.5 million convertible bond issuance [1] - The net proceeds from this issuance amount to USD 115 million, with 9% allocated for debt repayment, 66% for repurchasing H-shares, 22% for general working capital, and 3% for operational expenses [1] - As of July 31, 2025, the company has not yet implemented any share repurchase [1]