BAOWU MAGNESIUM(SZ:002182)2023-12-01 07:41Group 1: Mining Resources - The company has mining rights for 88.6425 million tons of dolomite at Chao Lake Yunhai, 57.895 million tons at Wutai Yunhai, and 131.97813 million tons at Anhui Baomei [1] Group 2: Magnesium Alloy Construction Templates - The magnesium alloy construction template project began investment in 2021, with batch supply starting in 2022 and further improvements in 2023 [2] - The production and post-processing costs for magnesium alloy templates have been significantly reduced, establishing a solid foundation for their replacement in the template field [2] Group 3: Magnesium-Based Hydrogen Storage - Magnesium-based solid-state hydrogen storage materials have the highest hydrogen storage density among all solid-state materials, achieving 1000 times that of gaseous hydrogen and 1.5 times that of liquid hydrogen [2] - The company is collaborating with several research institutions and plans to start trial production of magnesium hydrogen storage by the end of 2023 [2] - For steel mills, an estimated annual hydrogen metallurgy of 1 million tons would require about 60,000 tons of magnesium-based hydrogen storage materials [2] Group 4: Deep Processing Development - As of June 30, 2023, the revenue from deep processing products accounted for 33.67%, up from 22.71% in the same period last year [3] - The company is transitioning to high-margin products, with increasing design requirements from suppliers [3] Group 5: Future Development Plans - The company emphasizes technological innovation and new product development as core strategies, with ongoing investments in R&D and collaborations with academic institutions [3] - The company aims to provide comprehensive services from design to after-sales support, focusing on the growing demand for magnesium and aluminum materials in various fields [3]