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China Merchants: Improved supply and demand creates a Call on rare earths, while Siasun Robot&Automation generates new opportunities.
Due to their superior performance, Rare Earth Permanent Magnets are widely used in Electric Vehicles, wind power, Consumer Electronics, and this year may mark the year of mass production for humanoid robots, opening up future application scenarios and imaginative possibilities.
Galaxy Magnets: 2024 Annual Report
Galaxy Magnets: 2024 Annual Report Summary
Chengdu Galaxy Magnets (300127.SZ) released its performance for the year 2024, with a net income of 0.147 billion yuan, a decrease of 8.58%.
Chengdu Galaxy Magnets (300127.SZ) released its annual report for 2024, with revenue of 0.799 billion yuan...
Chengdu Galaxy Magnets (300127.SZ): Galaxy Group has completed a Shareholding reduction of 0.99%.
On March 6th, Gelonghui reported that Chengdu Galaxy Magnets (300127.SZ) announced it has recently received a notification letter from Galaxy Group regarding the completion of the shareholding reduction plan. As of March 6, 2025, Galaxy Group has reduced its shareholding in Chengdu Galaxy Magnets by 3,199,915 shares, accounting for 0.99024%, and this shareholding reduction plan has been completed.
A-shares of Rare Earth Permanent Magnets Concept stocks are surging: China Northern Rare Earth hits the limit up, Yantai Zhenghai Magnetic Material rises over 10%.
On February 6, Gronghui reported that the Rare Earth Permanent Magnets Concept stocks in the A-share market surged, with China Northern Rare Earth hitting the daily limit, Yantai Zhenghai Magnetic Material rising more than 10%, and Chengdu Galaxy Magnets, Earth-Panda Advanced Magnetic Material, CHINA RAREEARTH, Jl Mag Rare-Earth and several other stocks increasing by over 5%. GTJA's research report pointed out that Myanmar's rare earth production has grown rapidly in recent years, becoming China's largest source of imports. However, due to political unrest and the risk of over-extraction of resources, supply may face significant constraints. On the demand side, the domestic "two new" policies have intensified, strengthening the terminal prosperity cycle, which is expected to lead to a steady increase in rare earth prices, and the second phase of the Sector reversal may gradually commence.