SMM News: the rare earth plate remained strong in intraday trading on the 24th, as of press time, Cathay Pacific Group, Jinli permanent Magnet, Huicheng Environmental Protection, Dehong shares, Jiaozuo Wanfang and other shares rose, with research new materials, zinc industry shares up about 6%.
China Merchants Securities believes that, from a historical point of view, in the rare earth market catalysis, the rise is due to the fundamentals of the supply-side changes dominated. Although the rare earth permanent magnet industry chain has achieved remarkable results after many times of integration, there are still some problems, such as (1) the rare earth underground industry chain still exists, and there is still room for selection, separation and integration; (2) the magnetic material production capacity is scattered, the competition is fierce, and the profit is meagre: except that the golden permanent magnet gross profit margin, which is the strongest technology in the industry and one of the most deterministic orders, is 20% +. The gross margin on sales of other targets has been on a downward trend at 15% or even this year. Recently, President Jiangxi Research, is expected to further enhance the attention of rare earth permanent magnets, industrial policy is expected to further increase the benign development of the industry.
Highly recommended magnetic materials: Zhongke Sanhuan is the world's largest manufacturer of ND-Fe-B permanent magnets, ND-Fe-B production capacity of 17500 tons, backed by the Chinese Academy of Sciences, 34 years of focus on ND-Fe-B industry research and development and production, strong R & D strength. At the same time, it has long become the core supplier of Mercedes-Benz, BMW, Tesla and other companies. At the same time, in the permanent magnet industry, Zhenghai magnetic material, Jinli permanent magnet, Ningbo Yunsheng after many years of deep ploughing, the technology ranks in the first echelon.