ZGXT(SZ:000831) Xin Lang Cai Jing·2025-10-10 05:09Core Insights - China's rare earth sector saw a significant price increase of 9.97% on October 9, with a trading volume of 5.74 billion yuan [1] - The financing buy-in for China's rare earth reached 648 million yuan, while the net financing buy-in was 143 million yuan [1] - The company reported a substantial year-on-year revenue growth of 62.38% and a net profit increase of 166.16% for the first half of 2025 [2] Financing and Trading Activity - On October 9, the total financing and securities lending balance for China's rare earth amounted to 2.477 billion yuan, indicating a high level of activity [1] - The financing balance accounted for 4.06% of the circulating market value, exceeding the 90th percentile level over the past year [1] - The securities lending activity showed a sell-out of 203,200 shares, with a total selling amount of approximately 11.56 million yuan [1] Company Overview - China Rare Earth Group Resources Technology Co., Ltd. was established on June 17, 1998, and listed on September 11, 1998, focusing on rare earth smelting, separation, and technology research and services [1] - The company's main revenue sources include rare earth oxides (63.51%), rare earth metals and alloys (35.95%), and technical service income (0.18%) [1] - As of September 19, the number of shareholders increased to 230,000, with an average of 4,614 circulating shares per person [2] Shareholder and Institutional Holdings - Cumulative cash dividends since the company's A-share listing amount to 346 million yuan, with 124 million yuan distributed in the last three years [3] - As of June 30, 2025, Hong Kong Central Clearing Limited was the fourth-largest circulating shareholder, increasing its holdings by 3.89 million shares [3] - The Southern CSI 500 ETF and other institutional investors have also adjusted their positions, indicating active institutional interest [3]