Shenghe Resources: It is expected that the net profit in 2025 will increase by 281.28% - 339.20% compared to the previous year.

Shenghe Resources announcement, it is expected that the net profit attributable to the owners of the parent company will reach between 790 million and 910 million yuan in 2025, an increase of 583 million to 703 million yuan compared to the same period last year, representing a year-on-year increase of 281.28% to 339.20%. It is also expected that the net profit attributable to the owners of the parent company, excluding non-recurring gains and losses, will be between 765 million and 885 million yuan in 2025, with an increase of 567 million to 687 million yuan compared to the same period last year, representing a year-on-year increase of 285.86% to 346.38%. During the reporting period, the overall rare earth market has seen a rise in prices due to factors such as rare earth industry policies and international situations. The average selling price of major rare earth products increased significantly compared to the previous year. The company seized market opportunities, adjusted product structure in a timely manner, optimized production and sales structure, strengthened management empowerment and cost control. The sales volume of major products increased year-on-year during the reporting period, driving a substantial increase in performance.