BAOWU MAGNESIUM(SZ:002182)2025-06-09 08:16Company Overview - Baowu Magnesium Industry Technology Co., Ltd. was established in 1993 and listed on the Shenzhen Stock Exchange in 2007, evolving into a high-tech enterprise integrating mining, non-ferrous metal smelting, and recycling processing [1] - The company specializes in the production and deep processing of magnesium and aluminum alloy materials, with key products including magnesium alloys, magnesium alloy die-castings, aluminum alloys, and metal strontium [1] - The complete industry chain from mining to recycling enhances product cost structure and risk resilience, ensuring stable product supply to customers [1] Export and Market Dynamics - The U.S. has imposed anti-dumping measures on Chinese magnesium products since the 1990s, leading to a cessation of exports from the company to the U.S. for many years [2] - The company is not directly affected by U.S. tariffs on magnesium products [2] Automotive Applications - The penetration rate of magnesium materials in automotive components is expected to increase, particularly for parts like instrument panel brackets, seat brackets, and display screen backplates, as the cost-performance ratio improves [2] - In 2024, the company anticipates over 20% growth in steering wheel, CCB, and seat products compared to 2023, bolstered by strategic collaborations with leading industry players [4] Robotics Sector - Magnesium alloys offer significant advantages in the robotics industry, including reduced weight, improved speed, enhanced thermal conductivity, and effective electromagnetic shielding, leading to increased operational efficiency [3]