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Yitong New Material (300930.SZ): At present, we have not yet carried out bulk production of injection molding powder.
Yitong New Materials (300930.SZ) stated on the investor interaction platform on September 6th that the company has been conducting continuous research on injection molding powders and has not yet started mass production of injection molding powders.
We Think That There Are More Issues For Hangzhou Yitong New Material (SZSE:300930) Than Just Sluggish Earnings
Hang zhou Yitong New Materials: Half-year report for the year 2024.
Hang zhou Yitong New Materials: Summary of Half-Year Report in 2024.
Yitong New Material (300930.SZ): The alloy soft magnetic powder produced by the company can be used as raw material for downstream enterprises to produce integrally formed inductors.
On August 16th, Gelunhui reported that Yitong New Materials (300930.SZ) stated on the investor interaction platform that the alloy soft magnetic powder produced by the company can be used as a production raw material for downstream enterprises in the production of integrated molded inductors. As for whether the integrated molded inductors can be used in AI glasses, it is recommended that investors consult downstream enterprises or search for relevant information online.
Yitong New Material (300930.SZ): Currently mainly using scrap steel as raw material, through processes such as smelting, atomization and reduction, to transform scrap steel into basic raw materials for manufacturing.
On August 9th, Gelonhui reported that Yitong New Materials (300930.SZ) mainly uses scrap steel as raw materials to convert them into basic materials for manufacturing through processes such as smelting, atomization, and reduction. In the past two years, the price of scrap steel has risen less than that of precious metals such as gold and copper. Simply put, the rise in raw material prices has led to an increase in the company's costs. The impact on the company's performance depends on the company's management capabilities, whether it can use technology upgrades, excavation and transformation to digest the pressure of cost increase; and secondly, the company's market competitiveness and market supply and demand relationship to transmit the pressure of cost increase downstream.
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