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Yuean New Materials (688786.SH): The company has seen a certain increase in Orders in the automotive sector in 2024.
On January 20, Gelonghui reported that YUEAN New Material (688786.SH) recently stated during an institutional investor research meeting that due to the advancement of automotive intelligence and the application of magnetorheological suspension technology in Electric Vehicles, the company is expecting a certain increase in Orders in the automotive field for 2024. Automotive inductors, as one of the key components in automotive intelligence, are showing an increasing demand. Additionally, as the electromagnetic suspension technology gradually undergoes localization, its application range is slowly expanding from high-end foreign models to domestic ones. It is expected that by 2025, this technology is likely to achieve mass application in domestic vehicles, which will bring certain benefits to carbonyl iron powder.
Yuanan New Materials (688786.SH): Will actively expand the breadth and depth of core technologies and products in downstream application markets.
On January 20, Gronhui reported that Yuenan New Materials (688786.SH) recently stated during an investor research meeting that the company will actively expand the breadth and depth of its core technologies and products in downstream application markets. For example, in the carbonyl iron powder business, in addition to the continued steady development of existing mature products and businesses, the subsidiary Ningxia Yuenan's innovative processes, through raw material replacement and reduction in energy consumption and other costs, are expected to bring greater market prospects. In addition, the company is actively carrying out scientific research in other fields, fully leveraging the core advantages of the carbonyl process it has accumulated, and exploring the application of the carbonyl process in new product areas.
Yue'an New Materials (688786.SH): Future demand for carbonyl iron powder from Electronic Components and precision parts is expected to show a growth trend.
On January 20, Gelonghui reported that Yue'an New Materials (688786.SH) recently stated during an institutional investor meeting that based on communications with downstream customers, the demand for Electronic Components and precision components for carbonyl iron powder is expected to show a growth trend in the future. For example, applications like 5G communication, computing power, and New energy Fund vehicles are driving an increase in demand for integrated molded inductors and higher performance requirements. Moreover, with stricter Eco-friendly Concept policies and rising labor costs, small and medium-sized complex components are shifting from traditional precision casting processes to powder injection molding processes, which will further enhance the market demand for micro-nano powders.
Yuean New Materials (688786.SH): Currently not involved in the production of sintered neodymium iron boron products.
On January 6th, Gelonghui reported that Yuenan New Materials (688786.SH) stated on the investor interaction platform that sintered neodymium iron boron is a type of permanent magnet material, while one of the company's main Business is the production of soft magnetic powder materials, which differ in performance and applications. The company currently does not involve in the production of sintered neodymium iron boron products.
Yue'an New Materials (688786.SH): There is currently no production plan for amorphous Electric Machine stators.
Gelonghui, December 13, reports that Yuean New Material (688786.SH) stated on the investor interaction platform that the company focuses on the preparation of micro-nano Metal powder materials and currently has no production plans for amorphous Electric Machines stators.
Yue\'an New Materials: Jiangxi Yue\'an New Materials Co., Ltd. Report for the Third Quarter of 2024
