ZHmag(SZ:300224)2025-07-10 00:56Group 1: Export and Licensing - The company has quickly responded to export control measures related to rare earth materials and is one of the early enterprises to obtain export licenses, ensuring compliance and steady operations [2] - New export licenses are being approved, and the company maintains close communication with relevant departments to adapt to policy changes [2] Group 2: Product Applications and Collaborations - The company has extensive experience in collaborating with international clients for nearly 20 years and has established close partnerships with emerging domestic industry leaders [3] - In 2024, the company was recognized as the "Most Valuable Material Company in the Humanoid Robot Field" and has begun small-scale deliveries to downstream customers [3] Group 3: Performance in New Energy Vehicles - The company has achieved full coverage with the top 10 international automotive brands and the top 5 domestic brands in the energy-saving and new energy vehicle sector [3] - In 2024, the company completed 58 selected automotive projects, exceeding annual targets, with a 25% year-on-year increase in product shipments, totaling 5.61 million sets of energy-saving and new energy vehicle motors [3] Group 4: Future Growth and Market Trends - The new policies in 2025 are expected to boost demand in key sectors such as energy-saving and new energy vehicles, variable frequency air conditioning, and smart consumer electronics [3] - Emerging fields like humanoid robots and low-altitude economy are anticipated to drive future growth in neodymium-iron-boron demand [3] Group 5: Pricing and Production Capacity - The company adopts a cost-plus pricing model for customized non-standard products, focusing on customer needs and product complexity [4] - In 2024, the Nantong base significantly increased production capacity, achieving over 150% year-on-year growth, with high capacity utilization expected to continue in 2025 [4] Group 6: Core Technology and Innovations - In 2024, the coverage of grain optimization technology (TOPS) in the company's products reached 97%, while diffusion technology (THRED) exceeded 80% [4] - The production of non-heavy rare earth magnets increased by 50% year-on-year, with continuous growth in ultra-light rare earth magnet shipments [4] Group 7: Strategic Goals for 2025 - The company aims for quality revenue and sustainable growth in 2025, focusing on optimizing product and customer structures [4] - The strategic approach includes a dual focus on technology and marketing, supported by pillars of quality, management, supply chain, and digital intelligence to enhance profit levels [4]