Core Viewpoint - Tianhe Magnetic Materials (603072.SH) announced plans to invest 850 million yuan in a high-performance rare earth permanent magnet and component manufacturing and R&D project, with an additional investment of up to 50 million yuan for manufacturing equipment [1] Investment Details - The total investment for the projects is expected to reach 900 million yuan, funded by self-owned and/or self-raised funds [1] - The projects align with national industrial policies and industry development trends, aiming to enhance the company's production capacity for high-performance rare earth permanent magnet materials and related equipment [1] Business Impact - The investment is expected to expand the company's business scale, improve market competitiveness, and enhance risk resistance capabilities [1] - Currently, the projects are in the preparatory stage and require certain approval procedures, indicating some level of uncertainty [1]
天和磁材：全资子公司拟投资9亿元建设高性能稀土永磁及组件、装备制造与研发项目