On March 17, Yantai Zhenghai Magnetic Material Co. (300224) announced that the company and Beijing University of Science and Technology intend to sign the Zhenghai Magnetic Materials-Beijing University of Science and Technology Frontier Materials Joint Research Centre Co-construction Agreement.
The total research and development expenses related to the joint research centre stand at 50 million yuan, fully borne by Zhenghai Magnetic Material. This project is conducive to the combination of production, learning, research and application and the cultivation of high-level application-oriented talents.



