JLMAG(SZ:300748)2022-12-03 08:56Group 1: Company Overview - The company specializes in the research, production, and sales of high-performance NdFeB permanent magnet materials, with key applications in various sectors [4] - Major application areas include electric vehicles, energy-efficient air conditioning, wind power generation, robotics, and energy-saving elevators [4][5] - The company is a leading supplier of magnetic steel in the wind power sector globally and a key player in the domestic electric vehicle and energy-efficient air conditioning markets [4][5] Group 2: Production Capacity - The current designed raw material production capacity is 7,000 tons, with a production volume of 4,801.47 tons in 2018, indicating full capacity utilization [5] - There is an ongoing project to establish an additional annual production capacity of 1,300 tons of high-performance magnetic steel [5] Group 3: Risk Management - The company employs a sales-driven production model to mitigate risks associated with fluctuations in rare earth material prices [5] - Measures include advance procurement of raw materials based on existing orders, establishing pricing mechanisms with key clients, and maintaining a safety stock of 3-4 months' worth of materials [5] Group 4: Technological Development - The company plans to increase investment in technology research and innovation, focusing on customer-oriented product differentiation and technological upgrades [6] - The introduction of internationally advanced production equipment is aimed at enhancing production efficiency and consolidating competitive advantages in the NdFeB permanent magnet sector [6] Group 5: International Expansion - The company is actively expanding its international business, having established subsidiaries in Hong Kong, Europe, Japan, and the United States for technology exchange, logistics, and sales [6] - A consulting team led by the inventor of NdFeB permanent magnets is engaged to improve product quality and technical standards, enhancing competitiveness in international markets [6]