NBYS(SH:600366) Quan Jing Wang·2025-12-05 06:45Core Viewpoint - The event organized by China Merchants Securities aimed to enhance investor understanding of the capital market and identify long-term investment opportunities, showcasing Ningbo Yunsheng's achievements and technological innovations in the rare earth permanent magnet materials sector [1][7]. Company Overview - Ningbo Yunsheng has been a leader in the rare earth permanent magnet industry for 30 years, establishing five differentiated advantages: stable industrial layout, technological innovation, wide product applications, excellent manufacturing capabilities, and distinct corporate culture [2]. - The company is the first private rare earth permanent magnet materials company listed in China and has played a significant role in formulating national standards for magnetic materials and permanent motors [2]. Production Process - Investors witnessed the entire production process at Ningbo Yunsheng's factory, from raw material processing to finished product delivery, highlighting advanced production techniques and strict quality control [3]. - The company has achieved significant technological breakthroughs in NdFeB permanent magnet materials, enhancing product magnetic performance and high-temperature resistance, particularly with its innovative spliced magnetic steel components [3]. Industry Interaction - Investors engaged in discussions with the management regarding the company's overseas market expansion strategies, emerging field layouts, and future development plans, gaining clearer insights into the company's operational strategies [4]. - Ningbo Yunsheng is actively pursuing international strategies, establishing a comprehensive global supply chain, with production bases in Ningbo and Baotou, and sales subsidiaries in Germany and the USA to expand its international market presence [4]. - The company has a broad overseas business layout, with clients across multiple countries, effectively managing challenges posed by geopolitical and trade policy complexities through diversified market strategies [4]. Future Developments - In the humanoid robot sector, Ningbo Yunsheng began developing relevant magnetic materials in 2023, collaborating closely with downstream customers to optimize product performance and quality [5]. - The company is also monitoring developments in the low-altitude economy, anticipating sustained demand for high-performance magnetic materials as applications for drones and general aviation expand [5]. Conclusion - The event facilitated a deep understanding of Ningbo Yunsheng's operational status and development strategies, emphasizing the company's commitment to sustainable development and the transition of the magnetic materials industry towards high-end applications and green transformation [7].