Ge Long Hui·2025-10-10 05:27Group 1 - The core viewpoint of the article is that the recent export control measures on rare earth products and technologies by the Ministry of Commerce and the General Administration of Customs are expected to benefit leading companies holding quotas while increasing compliance complexity for downstream magnet manufacturers like Jinli Permanent Magnet [1] - The policy aims to strengthen domestic market protection, which may lead to long-term benefits for companies like Jinli Permanent Magnet through enhanced domestic demand predictability, offsetting short-term export friction [1] - Jinli Permanent Magnet reported preliminary results for the first nine months, with net profit ranging from 505 million to 550 million yuan, representing a year-on-year increase of 157% to 179%, which aligns with Citigroup's estimates for the year [1] Group 2 - Citigroup maintains a "Buy" rating on Jinli Permanent Magnet with a target price of 25.3 Hong Kong dollars [1]