稀土龙头亮丽业绩验证基本面修复，资金积极布局回调窗口！稀土ETF（516780）单日成交额再创新高，最新规模突破32亿元

Core Insights - The rare earth sector is experiencing a significant pullback, yet market sentiment remains high with active capital positioning during this correction window [1][2] - The rare earth ETF (516780) has seen a notable increase in trading volume, achieving a record daily trading amount of 622 million yuan on August 26, 2025, marking the second consecutive day of record trading [1] - A leading company in the rare earth sector reported a more than 1900% year-on-year increase in net profit and a 5600% increase in net profit excluding non-recurring items for the first half of 2025, indicating a positive improvement in the industry fundamentals [1] Market Dynamics - Since June 2025, multiple favorable factors such as export controls, supply-side reforms, and expanding demand from emerging industries have significantly improved the supply-demand dynamics and product price levels in the rare earth industry [2] - The rare earth ETF (516780) closely tracks the CSI Rare Earth Industry Index, which includes major companies involved in rare earth mining, processing, trading, and applications, with the top five constituents being Northern Rare Earth, Baotou Steel, China Rare Earth, Shenghe Resources, and Wolong Electric Drive [2] Fund Performance - As of August 26, 2025, the rare earth ETF (516780) has surpassed 3 billion yuan in size, reaching 3.228 billion yuan, which is a 265% increase since June 2025, highlighting its significant scale advantage among similar ETFs [2] - The recent performance of the rare earth sector suggests potential for both fundamental and valuation resonance, as the sector stabilizes and recovers [2] Policy Environment - The clarity and strictness of supply-side reform policies in the rare earth sector have increased, alongside a continuous rise in light rare earth prices since July 2025, indicating a potential for further upward momentum in the sector [2] - The recent policy document on rare earth mining and smelting separation management was released on August 22, 2025, by the Ministry of Industry and Information Technology, the National Development and Reform Commission, and the Ministry of Natural Resources [3]