Core Viewpoint - The announcement by the Ministry of Commerce regarding export controls on certain rare earth items is expected to have a significant impact on the company's export business, particularly concerning its samarium-cobalt and hot-pressed neodymium-iron-boron magnets, which contain the listed rare earth items [1] Group 1: Company Overview - The company, Galaxy Magnetics (300127.SZ), produces various types of magnets, including bonded neodymium-iron-boron magnets, samarium-cobalt magnets, hot-pressed neodymium-iron-boron magnets, and injection-molded magnets [1] - The bonded neodymium-iron-boron magnets and injection-molded magnets do not contain the rare earth items listed in the Ministry of Commerce's announcement [1] Group 2: Financial Impact - In 2024, the sales revenue from samarium-cobalt magnets and hot-pressed neodymium-iron-boron magnets accounted for 9.47% of the company's total sales revenue [1] - The new export controls are anticipated to affect the company's export business due to the inclusion of certain rare earth items in its samarium-cobalt and hot-pressed neodymium-iron-boron magnets [1]
银河磁体:2024年钐钴磁体和热压钕铁硼磁体销售收入占公司总销售收入的9.47%