Understanding the Market | JLMAG Rises Nearly 6% as Company's Profitability Significantly Improves, Highlighting the Strategic Attributes of Rare Earth Resources

JLMAG's stock price rose nearly 6%, with an increase of 5.74% as of the time of publication, trading at HKD 23.58, with a transaction volume of HKD 177 million. CITIC Securities' research report pointed out that the strategic attributes of rare earth resources are becoming prominent, and the supply-demand pattern is expected to reach an inflection point. The company's operating revenue for the first three quarters of 2025 was 5.373 billion yuan, a year-on-year increase of 7.16%; net profit was 515 million yuan, a year-on-year increase of 161.81%. The gross profit margin increased to 19.49%, mainly benefiting from order growth and rising rare earth prices