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Yue\'an New Materials: Jiangxi Yue\'an New Materials Co., Ltd. Report for the Third Quarter of 2024
Jiangxi Yue\'an New Materials Co., Ltd. Report for the Third Quarter of 2024
Jiangxi Yuean Advanced MaterialsLtd's (SHSE:688786) Returns On Capital Not Reflecting Well On The Business
Yuean New Material (688786.SH): The development and introduction of high-strength steel powder materials for folding screen hinge applications by the company are progressing smoothly.
Gelonghui September 24th, Yeean New Material (688786.SH) recently stated at the performance briefing that the company's development and introduction work of high-strength steel powder materials for folding screen hinge applications have progressed smoothly. According to the needs of different end customers, multiple models have been mass-produced. With the growth of market demand, the company's production and sales volume of high-strength steel powder are steadily increasing. At the same time, based on more complex process technology, its gross margin is relatively higher compared to conventional atomized alloy powder. Currently, the company has established cooperation with several well-known component manufacturers, supplying products to the industry chain of multiple mobile phone brands including Honor, VIVO, OPPO.
Yuean New Materials (688786.SH): The company's products are not directly used in the manufacturing of semiconductors.
Gelonghui September 24th | Yuean New Materials (688786.SH) recently stated at an earnings briefing that the company's products are not directly used in the manufacturing of semiconductors. The company's soft magnetic powder series products can be used to make integrated molding inductors, providing stable power supply and filtering functions to CPU/GPU microprocessors in electronic circuits.
Jiangxi Yue\'an New Materials Co., Ltd. 2024 Semi-Annual Report
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