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Every AI Briefing, Huayuan Securities released a research report on October 30, giving Luoyang Molybdenum Industry (603993.SH) a "buy" rating. The rating reasons mainly include: 1) The company released its third quarter report for 2025, achieving operating income of 145.485 billion yuan in the first three quarters, a year-on-year decrease of 5.99%; achieving a net profit attributable to the mother of 14.28 billion yuan, a year-on-year increase of 72.61%. In the third quarter, operating income was 50.713 billion yuan, a year-on-year decrease of 2.36% and a quarter-on-quarter increase of 3.99%; net profit attributable to the mother was 5.608 billion yuan, a year-on-year increase of 96.40% and a quarter-on-quarter increase of 18.69%; 2) The main products have good production and sales; 3) Significant reduction in costs and increase in efficiency, with a significant decrease in the expense ratio and actual income tax rate; 4) The progress of new projects is orderly. (Everyday Economic News)