Yantai Zhenghai Magnetic Material (300224.SZ) has been working in the field of robots for many years and is currently mainly used in industrial automation and other fields.

On July 17, 2024, Yantai Zhenghai Magnetic Material (300224.SZ) accepted a specific inquiry regarding the company's development in the field of robotic applications. The question was whether the company plans to introduce humanoid robots. The company responded that it has been working in the field of robotics for many years, mainly used in industrial automation and other areas. The company expects that the booming development and wide application of the robotic field will gradually drive the demand for high-performance Nd-Fe-B permanent magnetic materials. The company will continue to be guided by market demand, fully grasp market opportunities, and meet downstream application requirements.

Gelonghui FinanceJul 17 05:00 ET

Yantai Zhenghai Magnetic Material (300224.SZ): Plans to reach a production capacity of 36,000 tons per year by 2026 based on downstream demand.

On July 17th, Gelunhui reported that Yantai Zhenghai Magnetic Material (Stock Code: 300224.SZ) accepted a specific object investigation on July 17th, 2024. In response to the question "Please introduce the company's production capacity construction situation", the company replied that by the end of 2023, the company's production capacity was 30,000 tons per year, and the company plans to reach a production capacity of 36,000 tons per year by 2026 based on downstream demand.

Gelonghui FinanceJul 17 04:59 ET

Yantai Zhenghai Magnetic Material (300224.SZ): In 2023, high-performance neodymium iron boron permanent magnetic material products will be installed on a total of 4.49 million sets of energy-saving and new energy automobile electric machines.

On July 17th, Gelun Hui reported that Yantai Zhenghai Magnetic Material (300224.SZ) accepted a special investigation from a specific party on July 17th, 2024. When asked about the downstream customer structure of the company, the company stated that it has a good business ecosystem, with balanced development in various major application areas other than the automotive market (especially energy-saving and new energy vehicles) as the main market. The company has always maintained a leading position in the global market of new energy vehicles and automotive electrification, and is the national champion enterprise in the manufacturing of high-performance sintered NdFeB permanent magnets for new energy vehicles recognized by the Ministry of Industry and Information Technology. In 2023, the company's high-performance Nd

Gelonghui FinanceJul 17 04:58 ET

Yantai Zhenghai Magnetic Material's (SZSE:300224) Earnings Have Declined Over Year, Contributing to Shareholders 23% Loss

Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. While individual stocks can be big winners, plenty more fail to generate satisfactory ret

Simply Wall StJul 1 20:13 ET

Yantai Zhenghai Magnetic Material Co., Ltd.'s (SZSE:300224) Low P/E No Reason For Excitement

Yantai Zhenghai Magnetic Material Co., Ltd.'s (SZSE:300224) price-to-earnings (or "P/E") ratio of 19.8x might make it look like a buy right now compared to the market in China, where around half of th

Simply Wall StJun 5 20:12 ET

These 4 Measures Indicate That Yantai Zhenghai Magnetic Material (SZSE:300224) Is Using Debt Reasonably Well

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' So it might be obvious

Simply Wall StMay 13 00:06 ET