Magnetic materials industry leader

Magnetic materials industry leader, is the world's largest manufacturer of magnetic. The company is the world's largest manufacturer of magnetic material, wherein the soft magnetic products production capacity of over 20,000 tons, is the world's largest soft-magnetic material, about 5% of the providers, global market share; permanent magnet products production capacity of over 70,000 tons, the only permanent capacity of more than a million tons of soft industry leaders. Higher utilization for the company's core assets, average capacity utilization rate of 80-90% and stable operating conditions.

    Soft business technology leadership, product demand. Soft revenue in 2010 accounted for about 31% of the power ferrite high-conductivity ferrite (Mn-Zn), nickel zinc ferrite-based, which is the company's flagship power ferrite products. The mobile communication device and flat panel display is larger, downstream of the most representative market. Products with high magnetic, soft magnetic materials research and development of the leading domestic technology, DMR50, DMR50B other products in the international advanced level, soft gross margin has remained at around 30%, at a high level in the same industry. Next few years, 3G communications equipment and flat panel display equipment market growth will exceed 30%, and effectively support the company's performance steadily.

    A larger proportion of permanent business market, accelerate the adjustment of product structure. Company products are mainly high-grade magnetic tile for the permanent magnet motor, magnet speakers, microwave magnet, where high-grade motor magnetic tile, accounting for about 10% of the global market share of about 20% of microwave ovens magnet production capacity in the industry has a monopoly market share of more than 95 %, the main products for the automotive and consumer electronics markets. The company's luxury motor magnetic tile and Mn-Zn, Ni-Zn ferrite core and other high-end products have reached the international advanced level, and the proportion is expected to end the permanent business to continue to improve, or further enhance the company's gross margin. On the other hand, rare earth NdFeB material prices soaring prices make rapid increase is expected in many parts of ferrite magnet NdFeB material substitution, and further enhance the permanent revenue of the company.

    Companies rely on the involvement of photovoltaic cell manufacturing, new capacity expansion is expected to reach production year. 2009 companies rely on the cells involved in the manufacture of photovoltaic industry, currently has 200MW, 200MW monocrystalline silicon cells, polycrystalline silicon solar cells and 100MW capacity. Expected production, battery production capacity of 2011 or early 2012, a new project can be expanded to 800mV. In Germany, Italy and other major consumer countries have abandoned nuclear power in the next few years the development of solar energy, the global PV market will maintain rapid growth, the company expects rapid expansion of production capacity to be digested, thickening performance of the company.

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