龙磁科技拟2.1亿建设永磁项目 创新与全球化并举净利增31.8%

Core Viewpoint - Longi Technology is enhancing its overseas layout by investing approximately 210 million yuan in the second phase of its Vietnam project, aiming to upgrade production capacity and localize the supply of raw materials for permanent magnetic ferrite [1][2]. Group 1: Investment and Expansion - The investment of about 210 million yuan will be used to construct the second phase of the Vietnam project, which will add 10,000 tons of permanent magnetic ferrite wet-pressed magnetic tile capacity and 25,000 tons of pre-burned material capacity [2]. - The project is set to begin construction in September 2025 and will be completed in 36 months, contributing to the company's long-term stable development [2][3]. Group 2: Financial Performance - In the first half of 2025, Longi Technology achieved operating revenue of 591 million yuan, a year-on-year increase of 6.36%, and a net profit of 85.25 million yuan, up 31.82% from the previous year [5]. - The growth in profit is attributed to increased capacity at the Vietnam subsidiary, improved scale effects, and a reduction in losses from the soft magnetic business [5]. Group 3: Business Segments - Longi Technology operates in three main business segments: permanent magnetic, soft magnetic, and inductors, effectively diversifying market risks [4]. - The permanent magnetic ferrite segment has a capacity of 50,000 tons and is widely used in automotive, variable frequency appliances, and power tools [4]. Group 4: Research and Development - The company emphasizes technological innovation, with R&D expenses exceeding 5% of revenue, amounting to 31.35 million yuan in the first half of 2025 [5][6]. - Longi Technology holds over 200 national patents, covering key processes in the production of high-performance magnetic tiles [6]. Group 5: Market Position - As of September 15, the company's stock price was 62.02 yuan per share, with a year-to-date increase of approximately 102%, and a total market capitalization exceeding 7 billion yuan [7].