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Jl mag rare-earth (300748.SZ): high-performance neodymium iron boron permanent magnets can be used in multiple new energy and energy-saving and environmentally friendly fields including robots and industrial servo motors.
On July 16, Globalegrow reported that an investor asked JL MAG Rare-earth (300748.SZ) on the investor interaction platform, "Has the recently popular robot dog used rare earth components?" The company replied that JL MAG Rare-earth's high-performance neodymium iron boron permanent magnet materials can be used in multiple new energy and energy-saving and environmentally friendly fields, including robots and industrial servo motors.
HK stocks unusual movement | JL Mag Rare-Earth (06680) drops more than 4% due to substantial decline in rare-earth prices and continuous exacerbation of supply-demand imbalance.
Shares of jl mag rare-earth (06680) fell more than 4% and as of press time, it has fallen 4.07%, trading at HK$5.9 with a turnover of 7.7364 million HK dollars.
JL Mag Rare-Earth Ups Stake in Hastings Technology Metals to 9.8% via AU$7 Million Investment
JL Mag Rare-Earth Co. (HKG:6680) subsidiary JL Mag Green Tech (Hong Kong) Company will invest AU$7 million in Hastings Technology Metals (ASX:HAS) via the subscription of 19.6 million shares at AU$0.3
JL Mag Rare-Earth (300748.SZ): Subsidiary intends to subscribe for equity of Australian listed rare earth company, Hastings.
On July 8th, Gelonhui reported that JL Mag Rare-Earth (300748.SZ), a wholly-owned subsidiary company, JL Mag Rare-Earth Green Technology (Hong Kong) Limited, signed a Binding Term Sheet with Australian listed rare earth company Hastings Technology Metals Limited (ASX code: HAS) on July 5th, 2024. The agreement stipulates that JL Mag Hong Kong Technology will subscribe to Hastings at a subscription price of 0.36 Australian dollars per share.
JL Mag Rare-Earth (300748.SZ) announced that the new plan for issuing H shares has been approved by the shareholders' meeting.
JL MAG Rare-Earth (300748.SZ) recently stated during a reception with institutional investors that the company's new plan to issue H-shares has been approved by the shareholders at the general meeting and all related work is steadily progressing.
Jl Mag Rare-Earth (300748.SZ): Orders and demand from major customers in the new energy vehicle and auto parts sectors remain stable.
Recently, JL MAG Rare-Earth (300748.SZ) stated during a reception with institutional investors that the orders and demands of the company's main customers in the new energy automotive and auto parts sectors remain stable, with the company's products being used for drive motors by the world's top ten new energy vehicle manufacturers. In March 2024, the State Council issued the "Action Plan for Promoting Large-Scale Equipment Renewal and Replacement of Consumer Goods", proposing four major actions of equipment renewal, consumer goods replacement, recycling and reuse, and standard improvement. By 2027, the amount of scrapped cars recovered is expected to double that of 2023, and the volume of second-hand car transactions is expected to increase compared to 20.
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