BGRIMM Technology Co., Ltd. Financial Update
BGRIMM Technology Co., Ltd., a company listed on the Shanghai Stock Exchange, operates within the Metals & Mining sector. As of June 12, 2025, the company’s stock closed at 27.53 CNY, matching its 52-week high. The 52-week low was recorded at 11.97 CNY on July 24, 2024.
Market Performance and Stock Activity
On June 13, 2025, the stock market experienced a low opening across major indices, with the Shanghai Composite Index down by 0.15%, the Shenzhen Component Index by 0.39%, and the ChiNext Index by 0.59%. The mining sector led gains, with BGRIMM Technology Co., Ltd. achieving a five-day consecutive rise to its price limit, alongside other notable stocks such as Kangwei Pharmaceutical, which also saw a four-day consecutive rise.
Factors Influencing Stock Performance
Several factors contributed to BGRIMM Technology’s strong performance:
Policy Catalysts in Rare Earths: The relaxation of export controls on rare earths, as announced by the Ministry of Commerce, is expected to ease export restrictions gradually, potentially boosting rare earth prices and improving sector valuations. The tight supply-demand dynamics, exacerbated by Myanmar’s earthquake affecting transportation, have led to high overseas demand and significant price increases for certain rare earth products.
Strong Capital Inflows: Institutional investors have shown strong interest, with net inflows of 3.852 million CNY on June 13, accounting for 45.71% of the trading volume. Over the past five days, net inflows reached 10.308 million CNY, indicating sustained investment interest.
Sector and Market Trends
The mining sector, particularly rare earths, has been a focal point, with BGRIMM Technology leading the charge. The company’s consecutive price limit achievements reflect broader market trends, with significant capital inflows and policy developments supporting the sector.
ETF and Market Sentiment
The Rare Earth Industry ETF (516150) has seen continuous net inflows over five days, reaching a near one-year high in scale, leading its peers. This trend underscores the positive sentiment towards the rare earth sector, aligning with BGRIMM Technology’s market performance.
Conclusion
BGRIMM Technology Co., Ltd. has demonstrated robust performance, driven by favorable policy changes and strong investor interest in the rare earth sector. The company’s stock has reached its 52-week high, reflecting its strong market position and the broader sector’s potential for growth.
