Changes in Hong Kong stocks | Ximei Resources (09936) rose nearly 8% in the afternoon and is expected to increase net profit to mother in the first half of the year to 164 million yuan to 200 million yuan

The Zhitong Finance App learned that Ximei Resources (09936) rose nearly 8% in the afternoon. As of press release, it had risen 7.87% to HK$14.8, with a turnover of HK$17.577 million.

According to the news, Ximei Resources announced Yingxi. The profit for the six months ending June is expected to be between 164 million and 200 million yuan, compared with 91.8 million yuan in the same period last year. This increase in profit is mainly due to increased demand in the metal products market, which has led to a significant increase in production and sales volume, while at the same time improving gross profit margin.

According to public information, Ximei Resources is one of the few domestic enterprises with the ability to process tantalum-niobium resources. Core products include tantalum oxide, niobium oxide, and potassium fluorotantalate. According to CCTV financial reports, metals closely related to AI computing power are known as “computing power metals.” Driven by the demand for AI computing power, the prices of these rare metals have risen significantly. In half a year, the price of tin rose by about 40%, the price of indium rose by 60%, and the price of tantalum soared by 158%.