BAOWU MAGNESIUM(SZ:002182)2022-12-07 09:38Group 1: Financial Performance - In the first half of 2014, the company achieved a net profit of approximately 1.94 million yuan [1] - The gross margin for magnesium alloy products is around 10% according to the 2014 semi-annual report [2] - The gross margin for magnesium alloy die-casting products is approximately 30% [2] Group 2: Production Capacity - The current production capacity of the Wutai base is 50,000 tons, and the Suzhou base is also at 40,000 tons, both operating at full capacity [2] - The Chao Lake project has a designed capacity of 100,000 tons, with the first phase of 50,000 tons already in production [1] - The Huizhou project is currently under construction, focusing on establishing a magnesium alloy production and scrap recycling base [2] Group 3: Production Materials and Processes - The raw material for magnesium alloy production is dolomite, utilizing the Pidgeon process, while some foreign companies use the magnesium chloride electrolysis method, which is more costly [2] - The company plans to develop high value-added aluminum products, such as aluminum extrusion products, moving towards deeper processing in the industry chain [2] Group 4: Product Categories - The main categories of die-casting products include steering wheel skeletons, electric tools, and pump housings [2]