中科三环(000970) - 2025年8月14日投资者关系活动记录表

Group 1: Export and Market Impact - The company's export share in the magnetic materials industry has been significantly affected by export controls, particularly on products containing dysprosium and terbium [2] - The overall export share has seen a slight decline year-on-year due to these restrictions [2] Group 2: Price Trends and Inventory Management - The company aims for stable prices for rare earth materials, influenced by supply-demand dynamics and industry policies [2] - Current inventory levels of rare earth raw materials are approximately two months, with plans to adjust based on market conditions [2] Group 3: Product Applications and Market Opportunities - The company's magnetic materials are already utilized in industrial robots, with potential future applications in humanoid robots as development progresses [2] - There is ongoing application of products in the drone sector, with low-altitude economic growth expected to boost market demand for rare earth permanent magnetic materials [2] Group 4: Capacity Expansion Plans - The company's capacity expansion plans are contingent on order volumes and market demand, avoiding any blind expansion [2]