Hengdian Dongci: The company has achieved large-scale supply of copper inductors for AI servers, filters for new energy vehicles, and other devices.

Hengdian Dongci stated in its half-year report performance telephone conference on August 21 that the company has achieved large-scale supply of copper inductors for AI servers, filters for new energy vehicles, and other devices. The monthly revenue has rapidly increased from several million to tens of millions. The company is optimistic about future growth potential. In the first half of this year, the company's overall magnetic material shipments were about 107,000 tons, almost the same as last year, but with a significant improvement in product structure and an increase in average selling price. The downstream emerging applications of the soft magnetic business have a faster growth rate; the gross profit margin and growth rate of the plastic magnetic business have been good; the growth rate of the permanent magnetic business is expected to be in single digits due to the diminishing marginal effect of the "trade-in old for new" policy.