Northern rare earth and Qingdao Zhongjiate plan to jointly invest in the project of rare earth permanent magnet high efficiency motor.

In order to promote the transformation of rare earth praseodymium and neodymium products into high value-added terminal applications, speed up the industrial layout of rare earth permanent magnet motors, and extend the industry chain of magnetic materials, northern rare earths have recently issued an announcement, plans to build a rare earth permanent magnet high efficiency motor project with Qingdao Zhonggat. The new company will adopt the light asset operation mode, the main permanent magnet frequency conversion speed regulation all-in-one machine.

It is reported that the new company has a registered capital of 30 million yuan, with a 49% stake in northern rare earths and a 51% stake in Qingdao Zhongjiat. The project, with a total investment of 30 million yuan, is located in the northern rare earth medical industry base, making full use of the existing plant for transformation according to the production demand, without the construction of a new plant, with a construction period of half a year. After the completion of the project, it can form an annual production capacity of 90 sets (sets) of permanent magnet intelligent high-efficiency motors and supporting services; after reaching production, the estimated annual operating income is 80.1 million yuan.

In recent years, the rare earth permanent magnet motor industry has a strong momentum of development, the northern rare earth seize the opportunity, active layout, promote the rare earth praseodymium and neodymium resource advantage into industrial advantage and economic advantage. This strong combination of northern rare earths and Qingdao Zhongjia is not only in line with the needs of the national rare earth new materials industry development policy and market development, but also the strategic demand for the extension of the northern rare earth magnetic materials industry chain and promoting the high value-added transformation of products. It will further strengthen the northern rare earth series brands and create a "new business card" for terminal application.

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The magnetic properties of rare earth permanent magnet materials are excellent, and the permanent magnetic field can be established without external energy after magnetization. Compared with the traditional motor, the rare earth permanent magnet motor not only has the high performance of ultra-high efficiency, ultra-high speed and high response speed, but also has the advantages of small size and light weight because of its simple structure, reliable operation and so on. In addition, the combination of rare earth permanent magnet motor with power electronics technology and microcomputer control technology can improve the performance of motor and transmission system to a new level and improve the overall equipment performance level. it is an important development direction for the motor industry to adjust the industrial structure. At present, rare earth permanent magnet motors are widely used in aviation, aerospace, national defense, equipment manufacturing, industrial and agricultural production and daily life.

The handshake between "industry leader" and "unicorn"

Different from the northern rare earths that plough the upper reaches of the rare earth industry, Qingdao Zhonggat, relying on technological innovation, has leapt from a private enterprise to a "little giant" in the field of high-end equipment manufacturing in only nine years, and has led the world in many parameters of its products. and became one of the top 500 unicorns in the world in 2019. The significance of the handshake between "industry leader" and "unicorn" is not only the complementarity of advantages in the short term, but also the congestion of the manufacturing supply chain system in the industry after the dreamy linkage of state-owned and private enterprises. and a strong potential for the country to solve the problem of "sticking neck" in the manufacturing sector.

In September 2011, the Ministry of Industry and Information Technology issued the "Twelfth five-year Plan for the growth of small and medium-sized Enterprises", encouraging "specialized and innovative" small and medium-sized enterprises and state-owned leading enterprises to cooperate with the development direction. The soul of "specialization and innovation" is innovation, and the essence is scientific and technological strength, which just makes up for the lack of R & D strength in the special field of state-owned enterprises in the development of downstream industries.

Since Baotou Steel put forward the strategic transfer of rare earths as the focus, the northern rare earths aim to extend the industrial chain and optimize the industrial structure to maximize the advantages of resources and development potential. How to make up for the shortcomings of development most efficiently and insist on paying equal attention to development and introduction seems to be the key to solve the problem.

Looking back at the development history of rare earths in the north in recent years, joint ventures and cooperation have become the norm, with cross-disciplinary, cross-disciplinary, and cross-regional cooperation, bringing about the iteration of the ideological and cognitive system, the vitality of institutional and institutional change, and the burst of power for scientific and technological innovation. and stronger innovation strength and development resilience. Give full play to the advantages of the upstream and downstream of the industrial chain, promote collaborative innovation and supporting cooperation between leading enterprises and "specialization and innovation", and more "mixed-race" enterprises will be born in the future. help China's manufacturing industry to accelerate technological breakthroughs, break international monopolies, and seize international highlands.