智通财经网·2025-10-30 05:44Core Viewpoint - The stock of Jinli Permanent Magnet (06680) experienced a significant increase of over 9%, closing at 24.66 HKD with a trading volume of 670 million HKD, amidst geopolitical developments and strong financial performance [1] Company Performance - Jinli Permanent Magnet reported a net profit attributable to shareholders of 515 million CNY for the first three quarters of 2025, marking a year-on-year increase of 161.81% [1] - In the third quarter alone, the company achieved a net profit of 210 million CNY, reflecting a year-on-year growth of 172.65% and a quarter-on-quarter increase of 45.75%, aligning with the company's earnings forecast [1] - The substantial growth in net profit is attributed to the increase in both the volume and price of magnetic material products [1] Industry Context - Following a meeting between Chinese President Xi Jinping and U.S. President Donald Trump, Asian rare earth stocks saw a decline, with notable drops in companies such as Lynas (down 4.1%), Iluka (down 3.5%), and Northern Minerals (down 13%) [1]