Zhi Tong Cai Jing·2026-01-29 03:57Core Viewpoint - The stock of JINLI Permanent Magnet (06680) has seen a significant increase, rising by 4.29% to HKD 23.8, with a trading volume of HKD 203 million, driven by rising rare earth prices and positive profit forecasts for 2025 [1][1]. Group 1: Rare Earth Prices - Since January, rare earth prices have been on the rise, with notable increases in yttrium oxide, praseodymium oxide, and neodymium oxide, where both praseodymium and neodymium prices have increased by over HKD 120,000 per ton [1]. - As of January 28, the average price of yttrium oxide was HKD 77,000 per ton, up 33.46% from the end of last year; neodymium oxide averaged HKD 732,500 per ton, up 20.08%; and praseodymium oxide averaged HKD 733,300 per ton, up 19.92% [1][1][1]. Group 2: Company Performance - JINLI Permanent Magnet has issued a profit warning, projecting a net profit attributable to shareholders for the full year 2025 to be between HKD 660 million and HKD 760 million, representing a year-on-year growth of 127% to 161% [1][1]. - The company has reported record high production and sales volumes, further solidifying its position as a leader in the global rare earth permanent magnet industry [1]. - For the fiscal year 2025, the company has already made small batch deliveries of products related to robotic motor rotors and magnetic materials, as well as products in the low-altitude aircraft sector [1].