Minsheng Securities issued a research report on April 17, saying that it recommended rating for rare earths in the north.

The main reasons for rating include:

1) the year-on-year increase in net profit may be due to the increase in volume and price of major products during the reporting period.

2) as the leading enterprise in the rare earth industry, the company has many bright spots.

Risk tips: downstream demand is lower than expected, indicators are growing too fast, and the progress of overseas mining projects is higher than expected.