China Rare Earth posts strong half-year performance for 2025

China Rare Earth Group Resource Technology Co. (SZSE:000831) reported robust financial results for the first half of 2025, with operating revenue increasing by 62.38% to 1.88 billion yuan compared to the same period last year. Net profit attributable to shareholders saw a substantial turnaround, reaching 161.7 million yuan, a 166.16% increase from a loss in the prior year. Basic earnings per share improved to 0.1524 yuan, up 166.17%.

The company also highlighted key operational developments, including the completion of its absorption merger with wholly-owned subsidiary Huatai Xintuo, which streamlined its corporate structure. Additionally, the wholly-owned subsidiary China Minmetals Yongzhou New Materials' 5000t/a rare earth separation and processing project achieved overall completion and commenced formal production operations.

Shareholding adjustments occurred, with China Minmetals Rare Earth Group transferring 100,587,368 shares, representing 9.48% of the company's total shares, to Guangdong Guang Sheng Holdings Group Co. The company confirmed that its controlling shareholder remains China Minmetals Rare Earth Development Co., and its ultimate controller remains China Minmetals Rare Earth Group, ensuring no change to corporate governance or ongoing operations.