正海磁材：高性能钕铁硼销量连续七年增长

Core Viewpoint - Zhenghai Magnetic Materials reported strong growth in revenue and net profit for 2024, driven by its technological advantages and strategic positioning in the high-performance NdFeB permanent magnet materials sector [1][2]. Financial Performance - The company achieved operating revenue of 5.539 billion yuan and a net profit attributable to shareholders of 92.34 million yuan [1]. - Sales volume of high-performance NdFeB permanent magnet materials reached 20,166 tons, a year-on-year increase of 17.39% [1]. - Sales volume of NdFeB permanent magnet components surged to 113 million pieces, reflecting a staggering year-on-year growth of 2,694.66% [1]. Market Segments - In the energy-saving and new energy vehicle market, shipments increased by 25%, with a cumulative total of 5.61 million sets of electric motors for new energy vehicles [1]. - The home appliance market saw a 28% increase in shipments, while the smart consumer electronics sector experienced a remarkable growth rate of 100% [1]. Production Capacity - The Nantong base significantly increased production capacity, with annual output growing by over 150%, complementing the Yantai base and laying a foundation for global market expansion [1]. Technological Advancements - The company focuses on dual strategies of "high-end" and "rare earth resource balance" in R&D, leading to a 50% year-on-year increase in the production of non-rare earth magnets [2]. - The company holds 302 global patents, a 47% increase year-on-year, showcasing its recognized technological strength [2]. Client Relationships - Zhenghai Magnetic Materials has established deep ties with top global clients, achieving full coverage of the top 10 international automotive brands and the top 5 brands in both domestic and new energy vehicle sectors [2]. Future Outlook - The company plans to continue focusing on high-performance permanent magnet materials, enhance R&D and production capacity, and expand into emerging markets such as humanoid robots and smart terminals [3].