Shenghe Resources projects significant profit surge, expands guarantees

Shenghe Resources Holding Co., Ltd. forecasts a significant increase in net profit for the first three quarters of 2025, with projected net profit attributable to shareholders ranging from 74,000 yuan to 82,000 yuan. This represents an increase of 64,713.04 yuan to 72,713.04 yuan, or 696.82% to 782.96%, compared to the previous year. Net profit after extraordinary gains and losses is expected to rise by 769.06% to 864.76%, driven by strong market demand and rising prices for rare earth products.

In a related development, Shenghe Resources announced additional financing guarantees for its wholly-owned subsidiary, Leshan Shenghe Rare Earth Co., Ltd. In September 2025, the company provided a financing guarantee of 15,000.00 yuan for Leshan Shenghe, bringing the total outstanding financing guarantee amount from Shenghe Resources and its controlled subsidiaries to 77,000.00 yuan as of September 30, 2025.

The total cumulative external financing guarantees for subsidiaries, including mutual guarantees, amount to 275,500.00 yuan as of September 30, 2025, representing 28.55% of the company's most recent audited net assets. Leshan Shenghe provides a counter-guarantee, and there are no overdue external guarantees.