It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.
①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.
Yue'an New Materials withdraws the application for private placement due to "changes in market environment", and these STAR Market companies have announced termination since this year. | Inventory
According to the Star Mining data, the total amount of refinancing on the STAR market since 2024 is 1.531 billion yuan, a decrease of more than 90% compared to the same period in 2023. Yuean New Material stated that there were many reasons for terminating the placement, including the fact that since the placement was launched in November last year, the audit agency Dahua, which was responsible for the project, was subject to regulatory penalties and other internal and external factors, leading to the decision to withdraw the placement application.
In the first half of the year, net profit is expected to exceed the full-year 2020, Innouvo Technology: significant growth in the health equipment business, while the magnetic materials business performance is under pressure. | Quick Read Announcement
In the first half of the year, Innouvo Technology increased its efforts in developing the health equipment business and achieved significant growth in performance. From the first quarter of this year, the operation of magnetic materials still faces certain pressures due to the decline in raw material prices and market competition.
Yoyen powder material's Thailand industrial base construction project has started production, responding that "it is expected to have a sales scale of around 100 million yuan this year".
① Currently, the construction of the 'Thailand Industrial Base Construction Project' has been completed, with a planned total capacity of 6,000 tons. In 2024, the copper-based capacity construction of 5,000 tons will be completed, with a target sales of 1,000 tons of products, and it is expected to achieve a revenue of about 100 million yuan this year. ② In the face of significant fluctuations in copper prices, Yan Yan Powder Materials expressed that the company will also use futures hedging and other methods to hedge risks.
Sales increase, net profit falls, Galaxy magnets: demand for bonded NdFeB magnets will continue to increase | Annual Report Interpretation
① Galaxy Magnets' revenue and net profit both declined in 2023. The last time the company's revenue and net profit declined was in 2013; ② The company predicts that as automobiles develop towards comfort, energy saving, automation and intelligence, the bonded NdFeB magnets used in automobile motors will continue to increase.
Behind the record high production and sales volume, Jinli Permanent Magnet's revenue and net profit have plummeted for the first time since listing, and several projects are about to be put into operation this year|Annual Report Interpretation
① Jinli Permanent Magnet's performance has maintained rapid growth since its launch in 2018. Last year, the company's revenue and net profit both declined for the first time; ② The company's revenue in the NEV and auto parts sector reached 3.303 billion yuan in 2023, with a global market share of about 28.49%; ③ Last year, the company's total output and total sales of high-performance rare earth permanent magnet materials reached the highest level in the same period in history, but the increase in production did not increase profits.