Part 1 Industry Overview 1
1 Definition of the industry and an overview of its development 1
1.1 Definition of the industry and its core products 1
1.2 Main characteristics of the industry and a history of its development 1
2 Analysis of the industry's macro environment and impact 3
2.1 Current macroeconomic developments and trends 3
2.1.1 Overall economic situation in the first half of 2008 3
2.1.2 Macro economic forecast for the second half of 2008 8
2.2 Latest industry policies and related laws and regulations 12
2.3 Upstream, downstream industry development status 14
3 Analysis of the industry's international market 19
3.1 Current development of its international market 19
3.2 Levels of development in key countries and regions 19
3.3 Analysis of movements and trends in the international market ... 20
4 Analysis of the industry's domestic market 21
4.1 Current development of its domestic market 21
4.2 Trends in the domestic market 23
4.3 State of development of major industries 26
Part 2 Basic indices 28
5 Analysis of the industry's scale and condition: 2003 to August, 2008 28
5.1 Number of enterprises in the industry: 2003 to August, 2008 28
5.2 Number of loss-making enterprises in the industry: 2003 to August, 2008 31
5.3 Total loss of the industry: 2003 to August, 2008 34
5.4 Number of personnel employed by the industry: 2003 to August, 2008 37
6 Analysis of the industry's asset status: 2003 to August, 2008 40
6.1 Status of gross assets: 2003 to August, 2008 40
6.2 Status of fixed assets: 2003 to August, 2008 43
6.3 Status of floating assets: 2003 to August, 2008 46
Part 3 Economic operation 49
7 Analysis of the industry's gross industrial output value: 2003 to August, 2008 49
7.1 Gross industrial output value: 2003 to August, 2008 49
7.1.1 Overall situation 49
7.1.2 Gross industrial output value by size 50
7.1.3 Gross industrial output value by ownership 51
7.2 Distribution of gross industrial output value by geographic area: January to August, 2008 52
7.3 Comparison of the top 20 enterprises (based on highest gross output value) 53
8 Analysis of the industry's sales revenue: 2003 to August, 2008 54
8.1 Sales revenue of the industry: 2003 to August, 2008 54
8.1.1 Overall situation 54
8.1.2 Gross industrial output value by size 55
8.1.3 Gross industrial output value by ownership 56
8.2 Distribution of sales revenue by geographic area: January to August, 2008 57
8.3 Comparison of the top 20 enterprises (based on highest sales revenue): 2007 58
9 Analysis of the industry's gross profit: 2003 to August, 2008 59
9.1 Gross profit of the industry: 2003 to August, 2008 59
9.1.1 General condition 59
9.1.2 Gross industrial output value by size 60
9.1.3 Gross industrial output value by ownership 61
9.2 Distribution of gross profit by geographic area: January to August, 2008 62
9.3 Comparison of the top 20 enterprises (based on highest gross profit): 2007 63
10 Import and export analysis of the industry: January to August, 2008 64
10.1 Monthly import/export status: January to August, 2008 64
10.2 Distribution of import/export Customs and countries: January to August, 2008 64
10.2.1 Distribution of import source countries in the industry: January to August, 2008 64
10.2.2 Distribution of Customs for imported goods in the industry: January to August, 2008 65
10.3 Distribution of import/export product categories: January to August, 2008 65
Part 4 Competitive landscape 66
11 Analysis of the industry's competitive landscape 66
11.1 Competitive landscape of regional markets 66
11.1.1 Distribution by region 66
11.1.2 Distribution by province, city, and autonomous region 67
11.2 Comparison of enterprise's market share (top 20) 68
12 Comparison of the industry's key enterprises' competitive power (top 20) 69
12.1 Comparative analysis of the key enterprises' total assets 69
12.2 Comparative analysis of the key enterprises' employees 71
12.3 Comparative analysis of the key enterprises' annual revenues 72
12.4 Comparison analysis of key enterprises' export turnover value 73
12.5 Comparison analysis of key enterprises' total profit 74
12.6 Comparison analysis and recommendations on key enterprises' overall competitive power 75
Part 5 Key enterprises 76
13 Comparative analysis of the economic indicators of the industry's key enterprises 76
13.1 Distribution of rare-earth enterprises by geographical areas: January to August, 2008 76
13.2 Analysis of the industrial competitiveness of Longnan branch, Ganzhou Rare Earth Industry Co., Ltd. 77
A Enterprise's basic information 77
B Enterprise's balance sheet analysis 78
C Enterprise's business operation analysis 78
D Enterprise' operating expense and cost analysis 79
E Enterprise' industrial intermediate inputs and cash flow analysis 79
F Enterprise' non-operating expenses analysis 80
13.3 Analysis of the industrial competitiveness of Damaoqi Rear Earth Incorporation 81
A Enterprise's basic information 81
B Enterprise's balance sheet analysis 82
C Enterprise's business operation analysis 82
D Enterprise' operating expense and cost analysis 83
E Enterprise' industrial intermediate inputs and cash flow analysis 83
F Enterprise' non-operating expenses analysis 84
13.4 Analysis of the industrial competitiveness of Xi'an Xijun New materials Co., Ltd. 85
A Enterprise's basic information 85
B Enterprise's balance sheet analysis 86
C Enterprise's business operation analysis 86
D Enterprise' operating expense and cost analysis 87
E Enterprise' industrial intermediate inputs and cash flow analysis 87
F Enterprise' non-operating expenses analysis 88
13.5 Analysis of the industrial competitiveness of Dingnan Nanfang Rare Earth Co., Ltd. 89
A Enterprise's basic information 89
B Enterprise's balance sheet analysis 90
C Enterprise's business operation analysis 90
D Enterprise' operating expense and cost analysis 91
E Enterprise' industrial intermediate inputs and cash flow analysis 91
F Enterprise' non-operating expenses analysis 92
13.6 Analysis of the industrial competitiveness of Heping County Lidong Mining Co., Ltd. 93
A Enterprise's basic information 93
B Enterprise's balance sheet analysis 94
C Enterprise's business operation analysis 94
D Enterprise' operating expense and cost analysis 95
E Enterprise' industrial intermediate inputs and cash flow analysis 95
F Enterprise' non-operating expenses analysis 96
13.7 Analysis of the industrial competitiveness of Dingnan Branch, Ganzhou Rare Earth Industry Co., Ltd. 97
A Enterprise's basic information 97
B Enterprise's balance sheet analysis 98
C Enterprise's business operation analysis 98
D Enterprise' operating expense and cost analysis 99
E Enterprise' industrial intermediate inputs and cash flow analysis 99
F Enterprise' non-operating expenses analysis 100
13.8 Analysis of the industrial competitiveness of Conghua Jianfeng Rare Earth Co., Ltd. 101
A Enterprise's basic information 101
B Enterprise's balance sheet analysis 102
C Enterprise's business operation analysis 102
D Enterprise' operating expense and cost analysis 103
E Enterprise' industrial intermediate inputs and cash flow analysis 103
F Enterprise' non-operating expenses analysis 104
13.9 Analysis of the industrial competitiveness of Jiyuan Xinfu Rare Earth Co., Ltd. 105
A Enterprise's basic information 105
B Enterprise's balance sheet analysis 106
C Enterprise's business operation analysis 106
D Enterprise' operating expense and cost analysis 107
E Enterprise' industrial intermediate inputs and cash flow analysis 107
Year-on-year comparison of national industry growth rate: 2007 and the first half of 2008 3
China’s GDP growth trend: 2004 to June, 2008 4
China’s monthly CPI trend in the first half of 2008 4
Year-on-year comparison of export growth: 2006-2008 6
List of rare-earth exporting enterprises: 2008 12
Operating conditions of mining equipments in the past five years 15
Number of enterprises in the industry: 2003 to August, 2008 16
Status of the industry’s gross industrial output value: 2003 to August, 2008 17
Forecast of the rare-earth metal smelting industry’s gross industrial output value: 2008-2012 17
Rare-earth ore output forecast in China, India, the United States, and Australia: 2004-2008 20
Number of enterprises in the industry: 2003 to August, 2008 28
Number of enterprises in the industry, by scale: 2003 to August, 2008 29
Number of enterprises in the industry, by ownership: 2003 to August, 2008 29
Number of enterprises in the industry, by regions: January to August, 2008 30
Number of loss-making enterprises in the industry: 2003 to August, 2008 31
Number of loss-making enterprises in the industry, by scale: 2003 to August, 2008 31
Number of loss-making enterprises in the industry, by ownership: 2003 to August, 2008 32
Number of loss-making enterprises in the industry, by regions: January to August, 2008 33
Total loss of the industry: 2003 to August, 2008 34
Total loss of the industry, by enterprise scale: 2003 to August, 2008 34
Total loss of the industry, by enterprise ownership: 2003 to August, 2008 35
Total loss of the industry, by regions: January to August, 2008 36
Number of personnel employed in the industry: 2003 to August, 2008 37
Number of personnel employed in the industry, by enterprise scale: 2003 to August, 2008 37
Number of personnel employed in the industry, by enterprise ownership: Number of personnel employed in the industry: 2003 to August, 2008 38
Number of personnel employed in the industry, by regions: January to August, 2008 39
Total assets of the industry: 2003 to August, 2008 40
Total assets of the industry, by enterprise scale: 2003 to August, 2008 41
Total assets of the industry, by enterprise ownership: 2003 to August, 2008 41
Total assets of the industry, by regions: January to August, 2008 42
Fixed assets of the industry: 2003 to August, 2008 43
Fixed assets of the industry, by enterprise scale: 2003 to August, 2008 43
Fixed assets of the industry, by enterprise ownership: 2003 to August, 2008 44
Fixed assets of the industry, by regions: January to August, 2008 45
Floating assets of the industry: 2003 to August, 2008 46
Floating assets of the industry, by enterprise scale: 2003 to August, 2008 46
Floating assets of the industry, by enterprise ownership: 2003 to August, 2008 47
Floating assets of the industry, by regions: January to August, 2008 48
Status of the industry’s gross industrial output value: 2003 to August, 2008 49
Gross industrial output value of the industry, by enterprise scale: 2003 to August, 2008 50
Gross industrial output value of the industry, by enterprise ownership: 2003 to August, 2008 51
Gross industrial output value of the industry, by regions: January to August, 2008 52
Comparison of the top 20 enterprises in the industry (based on gross industrial output value): 2007 53
Sales revenue of the industry: 2003 to August, 2008 54
Sales revenue of the industry, by enterprise scale: 2003 to August, 2008 55
Sales revenue of the industry, by enterprise ownership: 2003 to August, 2008 56
Sales revenue of the industry, by regions: January to August, 2008 57
Comparison of the top 20 enterprises (based on sales revenue): 2007 58
Gross profit of the industry: 2003 to August, 2008 59
Gross profit of the industry, by enterprise scale: 2003 to August, 2008 60
Gross profit of the industry, by enterprise ownership: 2003 to August, 2008 61
Gross profit of the industry, by regions: January to August, 2008 62
Comparison of the top 20 enterprises (based on gross profit): 2007 63
Monthly import status of the industry: January to August, 2008 64
Distribution of import source countries in the industry: January to August, 2008 64
Distribution of import/export Customs: January to August, 2008 65
Distribution of import product categories: January to August, 2008 65
Competitive landscape by regions 66
Competitive landscape by provinces, municipalities, and autonomous regions 67
Comparison of enterprises’ market share 68
Comparative analysis of key enterprises’ total assets 69
Comparative analysis of key enterprises’ number of employees 71
Comparative analysis of key enterprises’ annual revenues 72
Comparison analysis of key enterprises’ export turnover value 73
Comparative analysis of key enterprises’ gross profit 74
Comparative analysis of the overall competitiveness of key enterprises 75
Geographical distribution of the rare-earth metal ore mining industry: January to August, 2008 76
General information about Longnan Branch, Ganzhou Rare Earth Industry Co., Ltd. 77
Balance sheet analysis of Longnan Branch, Ganzhou Rare Earth Industry Co., Ltd. 78
Business operation analysis of Longnan Branch, Ganzhou Rare Earth Industry Co., Ltd. 78
Operating expense and cost analysis of Longnan Branch, Ganzhou Rare Earth Industry Co., Ltd. 79
Industrial intermediate inputs and cash flow analysis of Longnan Branch, Ganzhou Rare Earth Industry Co., Ltd. 79
Non-operating expense analysis of Longnan Branch, Ganzhou Rare Earth Industry Co., Ltd. 80
General information about Damaoqi Rear Earth Incorporation 81
Balance sheet analysis of Damaoqi Rear Earth Incorporation 82
Business operation analysis of Damaoqi Rear Earth Incorporation 82
Operating expense and cost analysis of Damaoqi Rear Earth Incorporation 83
Analysis on industrial intermediate inputs and cash flow of Damaoqi Rear Earth Incorporation 83
Non-operating expense analysis of Damaoqi Rear Earth Incorporation 84
General information about Xi’an Xijun New materials Co., Ltd. 85
Balance sheet analysis of Xi’an Xijun New materials Co., Ltd. 86
Business operation analysis of Xi’an Xijun New materials Co., Ltd. 86
Operating expense and cost analysis of Xi’an Xijun New materials Co., Ltd. 87
Industrial intermediate inputs and cash flow analysis of Xi’an Xijun New materials Co., Ltd. 87
Non-operating expense analysis of Xi’an Xijun New materials Co., Ltd. 88
General information about Dingnan Nanfang Rare Earth Co., Ltd. 89
Balance sheet analysis of Dingnan Nanfang Rare Earth Co., Ltd. 90
Business operation analysis of Dingnan Nanfang Rare Earth Co., Ltd. 90
Operating expense and cost analysis of Dingnan Nanfang Rare Earth Co., Ltd. 91
Industrial intermediate inputs and cash flow analysis of Dingnan Nanfang Rare Earth Co., Ltd. 91
Non-operating expense analysis of Dingnan Nanfang Rare Earth Co., Ltd. 92
General information about Heping County Lidong Mining Co., Ltd. 93
Balance sheet analysis of Heping County Lidong Mining Co., Ltd. 94
Business operation analysis of Heping County Lidong Mining Co., Ltd. 94
Operating expense and cost analysis of Heping County Lidong Mining Co., Ltd. 95
Industrial intermediate inputs and cash flow analysis of Heping County Lidong Mining Co., Ltd. 95
Non-operating expense analysis of Heping County Lidong Mining Co., Ltd. 96
General information about Dingnan Branch, Ganzhou Rare Earth Industry Co., Ltd. 97
Balance sheet analysis of Dingnan Branch, Ganzhou Rare Earth Industry Co., Ltd. 98
Business operation analysis of Dingnan Branch, Ganzhou Rare Earth Industry Co., Ltd. 98
Operating expense and cost analysis of Dingnan Branch, Ganzhou Rare Earth Industry Co., Ltd. 99
Analysis on industrial intermediate inputs and cash flow of Dingnan Branch, Ganzhou Rare Earth Industry Co., Ltd. 99
Non-operating expense analysis of Dingnan Branch, Ganzhou Rare Earth Industry Co., Ltd. 100
General information about Conghua Jianfeng Rare Earth Co., Ltd. 101
Balance sheet analysis of Conghua Jianfeng Rare Earth Co., Ltd. 102
Business operation analysis of Conghua Jianfeng Rare Earth Co., Ltd. 102
Operating expense and cost analysis of Conghua Jianfeng Rare Earth Co., Ltd. 103
Industrial intermediate inputs and cash flow analysis of Conghua Jianfeng Rare Earth Co., Ltd. 103
Non-operating expense analysis of Conghua Jianfeng Rare Earth Co., Ltd. 104
General information about Jiyuan Xinfu Rare Earth Co., Ltd. 105
Balance sheet analysis of Jiyuan Xinfu Rare Earth Co., Ltd. 106
Business operation analysis of Jiyuan Xinfu Rare Earth Co., Ltd. 106
Operating expense and cost analysis of Jiyuan Xinfu Rare Earth Co., Ltd. 107
Industrial intermediate inputs and cash flow analysis of Jiyuan Xinfu Rare Earth Co., Ltd. 107
Non-operating expense analysis of Jiyuan Xinfu Rare Earth Co., Ltd. 108
General information about Xunwu Branch, Ganzhou Rare Earth Industry Co., Ltd. 109
Balance sheet analysis of Xunwu Branch, Ganzhou Rare Earth Industry Co., Ltd. 110
Business operation analysis of Xunwu Branch, Ganzhou Rare Earth Industry Co., Ltd. 110
Operating expense and cost analysis of Xunwu Branch, Ganzhou Rare Earth Industry Co., Ltd. 111
Industrial intermediate inputs and cash flow analysis of Xunwu Branch, Ganzhou Rare Earth Industry Co., Ltd. 111
Non-operating expense analysis of Xunwu Branch, Ganzhou Rare Earth Industry Co., Ltd. 112
General information about Nanxiong Shengyuan Mineral Plant 113
Balance sheet analysis of Nanxiong Shengyuan Mineral Plant 114
Business operation analysis of Nanxiong Shengyuan Mineral Plant 114
Operating expense and cost analysis of Nanxiong Shengyuan Mineral Plant 115
Analysis on industrial intermediate inputs and cash flow of Nanxiong Shengyuan Mineral Plant 115
Non-operating expense analysis of Nanxiong Shengyuan Mineral Plant 116
General information about Anyuan Branch, Ganzhou Rare Earth Industry Co., Ltd. 117
Balance sheet analysis of Anyuan Branch, Ganzhou Rare Earth Industry Co., Ltd. 118
Business operation analysis of Anyuan Branch, Ganzhou Rare Earth Industry Co., Ltd. 118
Operating expense and cost analysis of Anyuan Branch, Ganzhou Rare Earth Industry Co., Ltd. 119
Industrial intermediate inputs and cash flow analysis of Anyuan Branch, Ganzhou Rare Earth Industry Co., Ltd. 119
Non-operating expense analysis of Anyuan Branch, Ganzhou Rare Earth Industry Co., Ltd. 120
General information about Shuidong Branch, Yangjiang Hongjie Rare Earth Co. Ltd. 121
Balance sheet analysis of Shuidong Branch, Yangjiang Hongjie Rare Earth Co. Ltd. 122
Business operation analysis of Shuidong Branch, Yangjiang Hongjie Rare Earth Co. Ltd. 122
Operating expense and cost analysis of Shuidong Branch, Yangjiang Hongjie Rare Earth Co. Ltd. 123
Industrial intermediate inputs and cash flow analysis of Shuidong Branch, Yangjiang Hongjie Rare Earth Co. Ltd. 123
Non-operating expense analysis of Shuidong Branch, Yangjiang Hongjie Rare Earth Co. Ltd. 124
General information about Ganxian Branch, Ganzhou Rare Earth Industry Co., Ltd. 125
Balance sheet analysis of Ganxian Branch, Ganzhou Rare Earth Industry Co., Ltd. 126
Business operation analysis of Ganxian Branch, Ganzhou Rare Earth Industry Co., Ltd. 126
Operating expense and cost analysis of Ganxian Branch, Ganzhou Rare Earth Industry Co., Ltd. 127
Industrial intermediate inputs and cash flow analysis of Ganxian Branch, Ganzhou Rare Earth Industry Co., Ltd. 127
Non-operating expense analysis of Ganxian Branch, Ganzhou Rare Earth Industry Co., Ltd. 128
General information about Jianghua Rare Earth Mining Co., Ltd. 129
Balance sheet analysis of Jianghua Rare Earth Mining Co., Ltd. 130
Business operation analysis of Jianghua Rare Earth Mining Co., Ltd. 130
Operating expense and cost analysis of Jianghua Rare Earth Mining Co., Ltd. 131
Industrial intermediate inputs and cash flow analysis of Jianghua Rare Earth Mining Co., Ltd. 131
Non-operating expense analysis of Jianghua Rare Earth Mining Co., Ltd. 132
General information about Mianning County Fangxing Rare Earth Co., Ltd. 133
Balance sheet analysis of Mianning County Fangxing Rare Earth Co., Ltd. 134
Business operation analysis of Mianning County Fangxing Rare Earth Co., Ltd. 134
Operating expense and cost analysis of Mianning County Fangxing Rare Earth Co., Ltd. 135
Industrial intermediate inputs and cash flow analysis of Mianning County Fangxing Rare Earth Co., Ltd. 135
Non-operating expense analysis of Mianning County Fangxing Rare Earth Co., Ltd. 136
General information about Quannan Branch, Ganzhou Rare Earth Industry Co., Ltd. 137
Balance sheet analysis of Quannan Branch, Ganzhou Rare Earth Industry Co., Ltd. 138
Business operation analysis of Quannan Branch, Ganzhou Rare Earth Industry Co., Ltd. 138
Operating expense and cost analysis of Quannan Branch, Ganzhou Rare Earth Industry Co., Ltd. 139
Industrial intermediate inputs and cash flow analysis of Quannan Branch, Ganzhou Rare Earth Industry Co., Ltd. 139
Non-operating expense analysis of Quannan Branch, Ganzhou Rare Earth Industry Co., Ltd. 140
General information about Dapu Xinchengji Industry Co., Ltd. 141
Balance sheet analysis of Dapu Xinchengji Industry Co., Ltd. 142
Business operation analysis of Dapu Xinchengji Industry Co., Ltd. 142
Operating expense and cost analysis of Dapu Xinchengji Industry Co., Ltd. 143
Industrial intermediate inputs and cash flow analysis of Dapu Xinchengji Industry Co., Ltd. 143
Non-operating expense analysis of Dapu Xinchengji Industry Co., Ltd. 144
General information about Xinfeng Branch, Ganzhou Rare Earth Industry Co., Ltd. 145
Balance sheet analysis of Xinfeng Branch, Ganzhou Rare Earth Industry Co., Ltd. 146
Business operation analysis of Xinfeng Branch, Ganzhou Rare Earth Industry Co., Ltd. 146
Operating expense and cost analysis of Xinfeng Branch, Ganzhou Rare Earth Industry Co., Ltd. 147
Industrial intermediate inputs and cash flow analysis of Xinfeng Branch, Ganzhou Rare Earth Industry Co., Ltd. 147
Non-operating expense analysis of Xinfeng Branch, Ganzhou Rare Earth Industry Co., Ltd. 148
General information about Chongzuo Guangsu Rare Earth Co., Ltd. 149
Balance sheet analysis of Chongzuo Guangsu Rare Earth Co., Ltd. 150
Business operation analysis of Chongzuo Guangsu Rare Earth Co., Ltd. 150
Operating expense and cost analysis of Chongzuo Guangsu Rare Earth Co., Ltd. 151
Industrial intermediate inputs and cash flow analysis of Chongzuo Guangsu Rare Earth Co., Ltd. 151
Non-operating expense analysis of Chongzuo Guangsu Rare Earth Co., Ltd. 152
General information about Mianning County Changlan Rare Earth Co., Ltd. 153
Balance sheet analysis of Mianning County Changlan Rare Earth Co., Ltd. 154
Business operation analysis of Mianning County Changlan Rare Earth Co., Ltd. 154
Enterprise operating cost analysis of Mianning County Changlan Rare Earth Co., Ltd. 155
Industrial intermediate inputs and cash flow analysis of Mianning County Changlan Rare Earth Co., Ltd. 155
Non-operating expense analysis of Mianning County Changlan Rare Earth Co., Ltd. 156
Related industry activity coefficient comparison: January to August, 2008 162
Analysis of the industry activity coefficients: 2003 to August, 2008 163
Comparison of investment returns in related industries: January to August, 2008 164
Analysis on rate of return on investment in this industry: 2003 to August, 2008 165
Total asset forecast for the industry: 2008-2012 173
Gross industrial output value forecast for the industry: 2008-2012 174
Sales revenue forecast for the industry: 2008-2012 175
Gross profit forecast for the industry: 2008-2012 176