Obtaining a rare earth general export license? Response from China's Sanhuan: Still confirming with the higher supervisory department.

date
05/12/2025
Rare earth permanent magnet plate stocks suddenly rose at the end of the day, with Ningbo Yunsheng hitting the daily limit, Jinli Permanent Magnet and Zhongke Sanhuan rising more than 5% in response. On the news front, according to a report from Shanghai Securities News, it was learned from insiders that Jinli Permanent Magnet, Zhongke Sanhuan, and Ningbo Yunsheng have obtained a general export license. In response to this, a reporter contacted Zhongke Sanhuan as an investor, and the receptionist said that the specific situation is still being confirmed: "We have also received inquiries from others. The department responsible for export business in the company is currently confirming the situation with the higher authorities."