ZGXT(SZ:000831) Xin Lang Cai Jing·2025-09-03 13:52Core Viewpoint - The Chinese rare earth market is experiencing significant trading activity, with notable increases in both financing and stock performance, indicating strong investor interest and potential growth in the sector [1][2]. Financing and Trading Activity - On September 2, Chinese rare earth stocks rose by 4.13%, with a trading volume of 10.017 billion yuan. The net financing buy was -8.59 million yuan, with total financing and margin trading balance reaching 2.805 billion yuan [1]. - The financing buy on the same day was 1.178 billion yuan, with a current financing balance of 2.772 billion yuan, accounting for 4.24% of the circulating market value, which is above the 90th percentile of the past year [1]. - In terms of margin trading, 29,400 shares were repaid while 49,000 shares were sold, amounting to 3.0164 million yuan in sales. The margin balance was 32.3929 million yuan, also above the 90th percentile of the past year [1]. Company Performance - As of August 20, the number of shareholders for Chinese rare earth stood at 169,600, a decrease of 8.5%, while the average circulating shares per person increased by 9.29% to 6,258 shares [2]. - For the first half of 2025, the company reported revenue of 1.875 billion yuan, a year-on-year increase of 62.38%, and a net profit attributable to shareholders of 162 million yuan, up 166.16% year-on-year [2]. Dividend and Shareholding Structure - Since its A-share listing, the company has distributed a total of 346 million yuan in dividends, with 124 million yuan distributed over the past three years [3]. - As of June 30, 2025, the top ten circulating shareholders included Hong Kong Central Clearing Limited, holding 19.6025 million shares (an increase of 3.8909 million shares), and Southern CSI 500 ETF, holding 11.0663 million shares (an increase of 1.4870 million shares) [3].