Company Overview - Beijing Dangsheng Technology Co., Ltd. is located in Fengtai District, Beijing, and was established on June 3, 1998. The company was listed on April 27, 2010. Its main business involves the research, production, and sales of lithium-ion battery cathode materials and high-end intelligent equipment [1] - The revenue composition of the company includes: diversified materials 60.83%, lithium iron phosphate and sodium battery cathode materials 29.37%, lithium cobalt oxide 7.44%, intelligent equipment 1.55%, and other businesses 0.82% [1] Financial Performance - For the period from January to September 2025, the company achieved operating revenue of 7.399 billion yuan, representing a year-on-year growth of 33.92%. The net profit attributable to shareholders was 503 million yuan, with a year-on-year increase of 8.30% [2] - Since its A-share listing, the company has distributed a total of 1.265 billion yuan in dividends, with 821 million yuan distributed over the past three years [3] Stock Performance - As of November 7, the company's stock price increased by 2.01%, reaching 69.53 yuan per share, with a trading volume of 9.67 billion yuan and a turnover rate of 2.80%. The total market capitalization is 37.845 billion yuan [1] - Year-to-date, the company's stock price has risen by 73.48%, with a 0.51% increase over the last five trading days, a 4.98% increase over the last 20 days, and a 66.38% increase over the last 60 days [1] Shareholder Structure - As of September 30, 2025, the number of shareholders is 86,400, a decrease of 0.37% from the previous period. The average number of tradable shares per person is 5,856, an increase of 0.37% [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the third-largest shareholder with 13.1548 million shares, an increase of 8.7215 million shares from the previous period. Other notable shareholders include E Fund's ChiNext ETF and Southern CSI 500 ETF, with varying changes in their holdings [3]

Core Viewpoint - Northern Rare Earth's stock price has shown significant volatility, with a year-to-date increase of 131.11%, but a recent decline in the last five and twenty trading days [1][2]. Company Overview - Northern Rare Earth (China Northern Rare Earth Group High-Tech Co., Ltd.) is located in Baotou, Inner Mongolia, and was established on September 12, 1997, with its listing on September 24, 1997 [1]. - The company specializes in rare earth raw materials, functional materials, and some terminal application products [1]. - Revenue composition includes production business (132.93%), functional materials and application products (31.31%), trading business (27.24%), and environmental industry and others (4.01%) [1]. Financial Performance - For the period from January to September 2025, Northern Rare Earth achieved a revenue of 30.292 billion yuan, representing a year-on-year growth of 40.50%, and a net profit attributable to shareholders of 1.541 billion yuan, up 280.27% year-on-year [2]. - Cumulative cash dividends since the A-share listing amount to 5.358 billion yuan, with 994 million yuan distributed over the past three years [3]. Shareholder Structure - As of September 30, 2025, the number of shareholders increased to 735,600, with an average of 4,914 circulating shares per person, a decrease of 0.76% from the previous period [2]. - Major shareholders include Hong Kong Central Clearing Limited, Huatai-PB CSI 300 ETF, and E Fund CSI 300 ETF, with notable changes in their holdings [3].

Core Points - Guangsheng Nonferrous Metal Co., Ltd. has seen a stock price increase of 92.05% year-to-date, with a recent decline of 2.77% over the last five trading days [1] - The company reported a significant decrease in revenue for the first nine months of 2025, amounting to 4.634 billion yuan, a year-on-year decrease of 46.97%, while net profit attributable to shareholders increased by 146.30% to 128 million yuan [2] - The company has a market capitalization of 17.969 billion yuan and a trading volume of 192 million yuan as of November 7 [1] Financial Performance - For the period from January to September 2025, Guangsheng Nonferrous achieved operating revenue of 4.634 billion yuan, a decrease of 46.97% compared to the previous year [2] - The net profit attributable to shareholders for the same period was 128 million yuan, reflecting a year-on-year increase of 146.30% [2] Shareholder Information - As of September 30, 2025, the number of shareholders increased to 60,900, up by 9.77% from the previous period [2] - The average number of circulating shares per shareholder decreased by 8.90% to 5,522 shares [2] - New institutional shareholders include Hong Kong Central Clearing Limited and several mutual funds, indicating increased interest in the company [3]

Group 1 - The core stock price of Longbai Group increased by 2.01% on November 7, reaching 18.26 CNY per share, with a total market capitalization of 43.574 billion CNY [1] - Year-to-date, Longbai Group's stock price has risen by 6.33%, but it has seen a decline of 0.81% over the last five trading days and a 10.09% drop over the last 20 days [2] - The company reported a revenue of 19.451 billion CNY for the period from January to September 2025, a year-on-year decrease of 6.87%, and a net profit attributable to shareholders of 1.674 billion CNY, down 34.68% year-on-year [2] Group 2 - Longbai Group's main business includes the production and sales of titanium dioxide, zirconium products, and aluminum sulfate, with titanium dioxide accounting for 64.99% of its main revenue [2] - The company has distributed a total of 19.387 billion CNY in dividends since its A-share listing, with 5.958 billion CNY distributed over the last three years [3] - As of September 30, 2025, the top ten circulating shareholders of Longbai Group include Hong Kong Central Clearing Limited, which holds 39.6965 million shares, a decrease of 1.3365 million shares from the previous period [3]

Core Viewpoint - The news highlights the performance and financial metrics of China Rare Earth Group, indicating a positive growth trajectory in revenue and profit, alongside a slight increase in stock price and trading activity. Company Overview - China Rare Earth Group specializes in the production and operation of rare earth oxides and related products, as well as technology research and consulting services [2][8] - The company is controlled by the State-owned Assets Supervision and Administration Commission of the State Council, categorizing it as a state-owned enterprise [3][4] Financial Performance - For the period from January to September 2025, China Rare Earth achieved a revenue of 2.494 billion yuan, representing a year-on-year growth of 27.73% [8] - The net profit attributable to shareholders for the same period was 192 million yuan, showing a significant year-on-year increase of 194.67% [8] Market Activity - On November 6, the stock price of China Rare Earth increased by 0.41%, with a trading volume of 1.457 billion yuan and a turnover rate of 2.81% [1] - The company has seen a net outflow of 38.75 million yuan from major investors today, with a cumulative net outflow of 3.09 billion yuan over the last three days [5][6] Shareholder Information - As of September 30, 2025, the number of shareholders for China Rare Earth was 217,100, a decrease of 5.61% from the previous period [8] - The average trading cost of the stock is 54.82 yuan, with the current price approaching a support level of 47.94 yuan [7]

Core Viewpoint - The stock of Shanjin International has shown a significant increase of 40.49% year-to-date, despite a recent decline in the last five and twenty trading days [1][2] Group 1: Stock Performance - As of November 6, Shanjin International's stock price rose by 2.03% to 21.08 CNY per share, with a trading volume of 287 million CNY and a turnover rate of 0.54%, resulting in a total market capitalization of 58.533 billion CNY [1] - The stock has experienced a decline of 3.30% over the last five trading days and 13.89% over the last twenty trading days, while it has increased by 12.19% over the last sixty days [1] Group 2: Financial Performance - For the period from January to September 2025, Shanjin International reported a revenue of 14.996 billion CNY, representing a year-on-year growth of 24.23%, and a net profit attributable to shareholders of 2.460 billion CNY, which is a 42.39% increase year-on-year [2] - The company has distributed a total of 5.982 billion CNY in dividends since its A-share listing, with 2.568 billion CNY distributed in the last three years [3] Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders of Shanjin International increased by 18.50% to 43,700, while the average circulating shares per person decreased by 15.61% to 57,784 shares [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 76.4162 million shares, an increase of 9.2006 million shares compared to the previous period [3]

Core Insights - Jinrui Mining's stock price increased by 2.05% on November 6, reaching 12.42 CNY per share, with a total market capitalization of 3.579 billion CNY [1] - The company has seen a year-to-date stock price increase of 28.70%, with a recent 5-day increase of 3.33% [1] Financial Performance - For the period from January to September 2025, Jinrui Mining reported a revenue of 262 million CNY, representing a year-on-year growth of 3.35% [2] - The net profit attributable to shareholders for the same period was 45.68 million CNY, showing a significant year-on-year increase of 90.05% [2] Business Overview - Jinrui Mining, established on May 25, 1996, specializes in the production and sale of strontium salt products, with the main revenue sources being strontium salt products (46.01%), aluminum-strontium alloys (23.33%), and metallic strontium (14.83%) [2] - The company is categorized under the basic chemical industry, specifically in inorganic salts, and is associated with concepts such as scarce resources and small metals [2] Shareholder Information - As of September 30, the number of shareholders for Jinrui Mining was 22,400, a decrease of 23.58% from the previous period, while the average circulating shares per person increased by 30.86% to 12,888 shares [2] Dividend Distribution - Since its A-share listing, Jinrui Mining has distributed a total of 82.50 million CNY in dividends, with 48.99 million CNY distributed over the last three years [3]

Core Viewpoint - Jiangxi Copper's stock price has shown significant volatility, with a year-to-date increase of 100.36%, but a recent decline of 7.82% over the past five trading days [1] Group 1: Stock Performance - As of November 6, Jiangxi Copper's stock price reached 39.96 CNY per share, with a trading volume of 10.97 billion CNY and a turnover rate of 1.34%, resulting in a total market capitalization of 138.37 billion CNY [1] - The company has appeared on the "Dragon and Tiger List" once this year, with the most recent occurrence on October 9 [1] Group 2: Financial Performance - For the period from January to September 2025, Jiangxi Copper reported a revenue of 396.05 billion CNY, a slight decrease of 0.08% year-on-year, while the net profit attributable to shareholders increased by 20.85% to 6.02 billion CNY [2] Group 3: Shareholder Information - As of September 30, 2025, Jiangxi Copper had 125,600 shareholders, an increase of 6.64% from the previous period [2] - The company has distributed a total of 22.18 billion CNY in dividends since its A-share listing, with 6.22 billion CNY distributed over the last three years [3] Group 4: Major Shareholders - Among the top ten circulating shareholders, China Securities Finance Corporation holds 104 million shares, remaining unchanged from the previous period, while Hong Kong Central Clearing Limited reduced its holdings by 24.08 million shares to 44.51 million shares [3]

Core Viewpoint - Erdos Resources Co., Ltd. has shown a significant stock price increase of 27.07% year-to-date, indicating strong market performance despite a slight decline in revenue and net profit for the first nine months of 2025 [2][3]. Financial Performance - As of September 30, 2025, Erdos reported a revenue of 18.2 billion yuan, a year-on-year decrease of 9.76%, and a net profit attributable to shareholders of 1.706 billion yuan, down 0.85% year-on-year [2]. - Cumulative cash dividends since the company's A-share listing amount to 12.585 billion yuan, with 5.917 billion yuan distributed over the past three years [3]. Stock Market Activity - On November 6, 2025, Erdos's stock price rose by 2.02%, reaching 11.64 yuan per share, with a trading volume of 49.85 million yuan and a turnover rate of 0.22% [1]. - The stock's recent performance includes a 2.46% increase over the last five trading days, a 10.96% increase over the last 20 days, and a 12.79% increase over the last 60 days [2]. Shareholder Structure - As of September 30, 2025, the number of shareholders decreased by 13.42% to 50,500, with an average of 0 circulating shares per shareholder [2]. - Major shareholders include Huatai-PB Shanghai Composite Dividend ETF, which increased its holdings by 2.4629 million shares, and Hong Kong Central Clearing Limited, which increased its holdings by 8.6460 million shares [3].

Core Viewpoint - The company, Luoyang Molybdenum Co., Ltd., is a significant player in the mining industry, particularly in the production of various metals including cobalt, copper, and tungsten, with a focus on expanding its gold business and maintaining a diversified portfolio of precious metals [2][3][7]. Company Overview - Luoyang Molybdenum is the second-largest cobalt producer globally, with cobalt products sold in international markets [2]. - The company operates in the non-ferrous metal mining sector, engaging in the mining, smelting, and deep processing of metals such as copper, molybdenum, tungsten, cobalt, niobium, and phosphorus, and is among the top five molybdenum producers and the largest tungsten producer globally [2]. - The company has a comprehensive integrated industrial chain and is also the second-largest producer of phosphorus fertilizer in Brazil [2]. Financial Performance - For the period from January to September 2025, the company reported a revenue of 145.485 billion yuan, a year-on-year decrease of 5.99%, while the net profit attributable to shareholders increased by 72.61% to 14.280 billion yuan [8]. - The company has distributed a total of 21.562 billion yuan in dividends since its A-share listing, with 10.576 billion yuan distributed over the past three years [9]. Production and Growth - The company holds an 80% stake in the NPM copper-gold mine in Australia, with gold equity production of 16,000 ounces in 2022 and a guidance of 25,000 to 27,000 ounces for 2023, representing a year-on-year increase of 56% to 69% [3]. - In 2025, the company successfully completed the acquisition of Ecuador's Odin Mining (KGHM Gold Mine) and is advancing development with plans to commence production by 2029 [3]. Shareholder and Market Activity - As of September 30, 2025, the number of shareholders increased to 304,200, reflecting a rise of 28.08% [8]. - The stock has seen a net inflow of 11.586 million yuan today, with a total market capitalization of 338.886 billion yuan [1][5].