China Rare Earth Nonferrous Metals Co., Ltd. (600259.SH) has issued its performance forecast for the 2025 fiscal year, anticipating a net profit attributable to the parent company's shareholders in the range of 100 million to 130 million yuan. This result marks a significant shift, representing a turnaround to profitability when compared with the figures disclosed for the same period last year. The overall rare earth market experienced an upward trend in 2025, and the company actively capitalized on these favorable conditions by closely monitoring market dynamics. Through enhanced market analysis, integrated corporate management, strengthened coordination in upstream and downstream marketing operations, and the innovation of marketing models, the company successfully boosted the production and sales volume of both rare earth smelting/separation and permanent magnet materials, ultimately achieving the projected profit. However, the company's performance in the fourth quarter saw a decline due to several factors, including falling prices for medium and heavy rare earth products, costs associated with advancing reforms and clearing outdated capacities, and the recognition of impairment losses on investments in associated enterprises.
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