Yantai Zhenghai Magnetic Material Co Ltd
SZSE:300224

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Yantai Zhenghai Magnetic Material Co Ltd Logo
Yantai Zhenghai Magnetic Material Co Ltd
SZSE:300224
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Price: 12.46 CNY Market Closed
Market Cap: 10.4B CNY

Yantai Zhenghai Magnetic Material Co Ltd
Investor Relations

Yantai Zhenghai Magnetic Material Co., Ltd., established as a significant entity within the bustling industrial landscape of China, epitomizes the fusion of innovative technology and industrial might. Born out of a vision to harness the power of rare earth magnets, the company has carved a niche in producing high-performance magnetic materials. These materials are indispensable in numerous modern applications, ranging from consumer electronics to sophisticated industrial equipment. With China being a prominent player in the global rare earth market, Yantai Zhenghai stands strategically positioned, leveraging this resource abundance. Its adept engineering and research teams continually push the envelope, developing products that satisfy both domestic demand and the increasingly stringent international standards.

The company's operations revolve around the production and distribution of NdFeB (neodymium-iron-boron) permanent magnets, noted for their exceptional magnetic strength and versatility. These magnets are crucial components in emerging tech, such as electric vehicles and wind turbines, sectors which are experiencing robust growth due to the global push towards sustainable energy solutions. Yantai Zhenghai not only manufactures these magnets but also engages in a nuanced market strategy by cultivating strong relationships with end-users and continuously refining its supply chain to ensure efficiency and excellence. Through this intricate blending of innovation, strategic market positioning, and operational efficiency, Yantai Zhenghai Magnetic Material Co. has established itself as a formidable player in the magnetic materials industry, continually adapting to meet the dynamic demands of a variety of markets worldwide.

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300224
Shanghai Composite

Earnings Calls

No Earnings Calls Available

Management

Mr. Zhiqiang Li
MD & Director
No Bio Available
Ms. Bo Gao CPA
Deputy GM, CFO & Secretary of the Board of Directors
No Bio Available
Mr. Juntao Zhao
Director & Executive Deputy GM
No Bio Available
Mr. Buzhuang Peng
Non-Independent Director & Deputy GM
No Bio Available
Mr. Wei LI
Deputy General Manager
No Bio Available

Contacts

Address
SHANDONG
Yantai
No. 9, Shantou Street, Economic and Technological Development Zone
Contacts
+865356397287
www.zhmag.com