Latest Update in the SMM Other NdFeB Raw Materials Market

["[Weak Consumption Expectations, SHFE Zinc in the Doldrums]: The most-traded SHFE zinc 2506 contract opened at 22,420 yuan/mt. In the early session, SHFE zinc briefly rose to a high of 22,530 yuan/mt. Subsequently, bears increased their positions, causing SHFE zinc to fluctuate downward throughout the session. The closing price marked the intraday low, with the contract closing down at 22,210 yuan/mt, a decrease of 145 yuan/mt or 0.65%. Trading volume increased to 156,000 lots, while open interest rose by 4,986 lots to 117,000 lots."]

On May 7, the share price of Xingyuan Zhuomei continued to rise, extending the gains from the previous three trading days. By the close of trading on the 7th, Xingyuan Zhuomei was up 0.94%, closing at 54.8 yuan per share. Xingyuan Zhuomei recently disclosed its 2025 Q1 report, which showed that in the first quarter of this year, the company achieved a total operating revenue of 88.3378 million yuan, up 7.28% YoY; net profit attributable to shareholders of the listed company was 16.9395 million yuan, down 4.08% YoY.