7.6亿元定增 龙磁科技“两手抓”：扩充越南基地永磁产能 还要加码AI芯片电感

Core Viewpoint - Long Magnetic Technology (龙磁科技) is pursuing a dual strategy to consolidate its main business in permanent ferrite and expand into AI-related sectors, planning to raise up to 760 million yuan through a private placement of shares [2][4]. Group 1: Fundraising and Investment Plans - The company plans to issue shares to no more than 35 specific investors, raising a total of up to 760 million yuan [4]. - The funds will be allocated primarily to two projects: 310 million yuan for the "Vietnam Long Magnetic Phase II Project" to expand overseas production capacity of permanent ferrite wet-pressed magnetic tiles, and 250 million yuan for the "Chip Inductor Manufacturing Project" [4][5]. - An additional 200 million yuan will be used to supplement working capital and repay bank loans, addressing the company's rising debt levels [5]. Group 2: Project Details - The "Vietnam Long Magnetic Phase II Project" has a total investment of 358 million yuan, which will add 10,000 tons of permanent ferrite wet-pressed magnetic tile capacity and 25,000 tons of pre-burned material capacity [5]. - The company has maintained a high sales rate of over 95% for its core product, indicating strong demand, particularly in overseas markets where supply is currently insufficient [4][5]. Group 3: AI Chip Inductor Strategy - The investment in chip inductors is a strategic move to embrace the AI wave and create a "second growth curve" for the company [6]. - The global market for AI chip inductors is projected to grow from approximately 13.9 million USD in 2024 to 158.1 million USD by 2031, with a compound annual growth rate exceeding 40% from 2025 to 2031 [7]. - The company has been developing a complete industrial layout for soft magnetic materials since 2020, focusing on chip inductors as a key product direction to meet the demands of AI applications [7][8]. Group 4: Production Capacity and Market Position - The chip inductor manufacturing project has a total investment of 336 million yuan, aiming to produce 180 million chip inductors annually [9]. - The company is currently testing multiple chip inductor products with clients, expecting to begin mass deliveries in the first quarter of 2026 [8].