The concept of rare earth permanent magnets has strengthened, and many institutions have raised their profit expectations for constituent stocks

On July 10, the concept of rare earth permanent magnets fluctuated higher. As of press time, Beijing Express and Northern Rare Earth both increased by the daily limit, Jiuling Technology rose by more than 9%, and stocks such as Ningbo Yunsheng, China Rare Earth, and Jinli Permanent Magnet followed suit. As the first company in the rare earth sector to disclose half-year results, Northern Rare Earth recently expects that the first half of the year net profit will increase by 1883% -2015%. At the same time, a number of institutions have also raised their profit expectations and target prices for the components of the rare earth permanent magnet sector. Huatai Securities forecasts that the net profit of Zhongke Sanhuan in 2025 will reach 233 million yuan, with a target price of 14.72 yuan; CLSA gives Jinli Permanent Magnet a "highly convinced to outperform the market" rating; other institutions predict that the net profit of Zhenghai Magnetic Materials and Tiantong shares will increase Since the release of the "Liberation Day" tariff on April 2, the share price of Northern Rare Earth, a leading stock in the rare earth industry, has risen by 18.52%; the rare earth permanent magnet sector index (BK0578) has risen by more than 17%.