Group 1 - The company has begun to supply high-end soft magnetic materials to leading domestic and international customers in the solid-state transformer (SST) sector, although the application is still in the early stages of introduction [2] - The revenue from these applications currently represents a low proportion of the company's overall revenue [2] - The company anticipates that its market share and performance will grow in tandem, driven by its technological advantages and the rapid growth in industry demand [2]

Core Viewpoint - Hengdian East Magnetic (002056) is a leading enterprise in ferrite magnetic materials, showcasing strong advantages in technology, scale, and customer base, and has established strategic partnerships with numerous Fortune 500 companies and industry leaders [1] Company Summary - The company has become a strategic partner for many global top 500 enterprises and industry-leading companies [1] - High-end soft magnetic materials have been supplied to several leading domestic and international SST customers [1]