Published: May 22, 2024 10:13
Huayuan Securities: Continuously Favorable Outlook for Soft Magnetic Materials and Copper Alloy Materials" Huayuan Securities research report points out that from the perspective of market prosperity, it continues to be optimistic about the soft magnetic materials and copper alloy materials industry. 1) Soft magnetic materials are expected to continue to benefit from the development trend of the electronic and power industries. In terms of power, the prosperity of new energy and power grid investment continues to spread, such as alloy soft magnetic powder cores stabilizing the terminal applications of optical storage electric vehicle charging piles, amorphous alloys benefiting from distribution transformers and overseas export demand; in terms of electronics, the trend of computing power industry drives the demand release of high-performance soft magnetic materials, such as high-power low-loss chip inductors and their corresponding magnetic materials. 2) The basic disk of copper alloy materials benefits from the recovery of the pro-cyclical economy, and the incremental logic is expected to be driven by computing servers to realize the long-term demand for copper cables and copper connectors. Stocks to Watch: Boke New Materials, Yunlu Co., Ltd., Woer Nuclear Materials, etc.

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