ZHmag(SZ:300224) He Xun Wang·2025-07-10 05:53Core Viewpoint - The rapid development of the robotics industry is driving growth in the upstream rare earth permanent magnet sector, with Zhenghai Magnetic Materials (300224) actively engaging with various brokerage firms to discuss company and industry developments [1] Group 1: Company Developments - Zhenghai Magnetic Materials is closely monitoring new scenarios in humanoid robotics, aligning its technology with the core component requirements [1] - The company has established cooperation with emerging industry leaders and is set to be recognized as the "Most Valuable Material Company in the Humanoid Robotics Field" in 2024, having already begun small-scale supply [1] - The main product of Zhenghai Magnetic Materials is high-performance neodymium-iron-boron permanent magnet materials, which are ideal for use in the new energy sector due to their high reliability [1] Group 2: Market and Production Insights - In the energy-saving and new energy vehicle sectors, Zhenghai Magnetic Materials is involved with multiple brands, aiming to complete 58 selected projects in 2024, with a projected shipment increase of 25%, equating to 5.61 million sets of motors [1] - By the end of 2024, the production capacity at Zhenghai's Yantai base is expected to reach 18,000 tons, while the Nantong base is projected to reach 12,000 tons, with potential adjustments to the planned additional 6,000 tons at Nantong depending on market conditions [1] - The Nantong base is anticipated to see a production increase of over 150% in 2024, complementing the Yantai base, with both bases expected to maintain high capacity utilization rates in 2025 [1] Group 3: Regulatory and Policy Response - Recent rare earth control policies have garnered attention, and Zhenghai Magnetic Materials has responded quickly, obtaining export licenses early and ensuring normal production operations, with steady progress in export declarations and new licenses being approved [1] - The company plans to monitor policies closely to ensure stable operations [1]