HNZK Electric.(SZ:300035)2022-12-08 08:10Group 1: Company Performance - The main reason for the decline in the company's core business performance in the first half of 2014 is the ongoing downturn in the steel industry, which has severely impacted the company's operations [2] - The company has not secured new orders for high-end products, such as electromagnetic induction heating for intermediate ladles, due to the adverse effects of the steel industry's recession [2] Group 2: Business Development - The company continues to focus on magnetic electric products, primarily promoting the market for intermediate ladle electromagnetic induction heating and refining devices [2] - The promotion of these products is challenging due to their limited usage in the market and the ongoing difficulties in the steel industry [3] Group 3: Product Innovation - A 9-member working group has been established to enhance the promotion of new products, including design, sales, and service [3] - The company has developed a permanent magnet hybrid suspension magnet for maglev trains in collaboration with the National University of Defense Technology, which has passed factory acceptance and is now ready for testing [3] Group 4: Future Research Directions - The current focus of research and development is on optimizing the design of intermediate ladle electromagnetic induction heating devices and the development of permanent magnet hybrid suspension magnets for maglev trains [3] - Future R&D efforts will concentrate on environmentally friendly and energy-saving magnetic electric technologies [3]