Core Viewpoint - The company, Yuean New Materials (688786.SH), has indicated that its carbonyl iron powder is suitable for the automotive magnetorheological fluid intelligent suspension field, but as a secondary supplier, it does not currently possess the relevant technology for magnetorheological fluids [1] Group 1 - The company's carbonyl iron powder is applicable in the automotive sector, specifically in magnetorheological fluid intelligent suspension systems [1] - The market prospects and application expansion of this technology depend largely on the research and development progress of end customers [1]

Group 1 - The global magnetorheological fluid market is projected to grow from approximately $800 million in 2023 to over $20 billion by 2030, indicating a compound annual growth rate (CAGR) exceeding 150% [2] - Yuean New Materials (688786.SH) stated that their carbonyl iron powder is suitable for automotive magnetorheological fluid intelligent suspension systems, but as a secondary supplier, the company does not possess the relevant magnetorheological fluid technology [2] - The market prospects and application expansion of magnetorheological fluid technology primarily depend on the research and development progress of end customers [2]