JL Mag Rare-Earth forecasts strong Q3 growth as shareholder completes stake sale

JL Mag Rare-Earth (SZSE:300748) projects a significant surge in net profit for the first three quarters of 2025, with attributable net profit expected to reach between CNY 50,500.00 million and CNY 55,000.00 million, representing a year-on-year increase of 157% to 179%. Net profit after deducting non-recurring gains and losses is forecasted to be between CNY 41,500.00 million and CNY 46,000.00 million, a rise of 365% to 415%. For the third quarter alone, attributable net profit is estimated to be between CNY 20,004.70 million and CNY 24,504.70 million.

This growth is attributed to the company's robust operational strategies, including technical innovation, market expansion, and flexible raw material inventory management, which have enhanced efficiency and profitability despite increasing industry competition. The company's products are widely used in new energy vehicles, wind power, and robotics, with a strong order book for Q4 2025.

In related news, shareholder Ganzhou Xinsheng Investment Management Center (Limited Partnership) completed its planned share reduction. Between January 1 and September 30, 2025, Ganzhou Xinsheng divested 13,529,965 shares via centralized bidding, accounting for 0.99% of the company's total share capital. This transaction reduced the combined stake of Ganzhou Xinsheng and its concert party, Jiangxi Ruidian Venture Capital Co., Ltd., from 32.30% to 31.31%, triggering a 1% integer multiple change in shareholding.