Asia-Potash(SZ:000893) Zheng Quan Shi Bao·2025-10-29 15:48Core Insights - The core viewpoint of the news is the significant financial performance of Yaji International, driven by rising potash prices and increased production capacity, alongside the strategic investment from Traut Consulting, indicating growing foreign interest in the Chinese market [2][5][8]. Financial Performance - Yaji International reported a revenue of 3.867 billion yuan for the first three quarters, a year-on-year increase of 55.76%, and a net profit attributable to shareholders of 1.363 billion yuan, surging 163.01% [2][3]. - In Q3 alone, the company achieved a revenue of 1.345 billion yuan, up 71.37%, and a net profit of 508 million yuan, reflecting a growth of 104.69% year-on-year [3]. Production Capacity and Expansion - The company's production capacity is closely linked to its performance, with a potash production of 1.0141 million tons in the first half of 2025, marking a 20% increase, and sales reaching 1.0454 million tons, up 21% [3]. - Yaji International is actively expanding its production capabilities, with ongoing projects for two additional 1 million tons per year potash production facilities [4]. Market Position and Resources - Yaji International is a leading player in the potash fertilizer sector, being one of the first Chinese companies to engage in overseas potash development, and holds significant potash mining rights in Laos [4]. - The company has a total potash resource reserve of approximately 1 billion tons, with favorable conditions for large-scale development [4]. Shareholder Changes and Foreign Investment - Traut Consulting has become the tenth largest shareholder of Yaji International, holding 8.528 million shares, which constitutes 1.05% of the circulating shares [5][6]. - The entry of Traut Consulting, a leading strategic consulting firm, signifies a recognition of the company's value and reflects a broader trend of increasing foreign investment in the Chinese market [8][9].