NdFeB, as a product of high technical content in rare earth permanent magnet, its core technology has been monopolized by Japan. However, with the rapid development of domestic NdFeB technology, more and more right of speech has pushed the breakthrough of barriers and the growth in export, but the core problem to be solved ultimately is the advancement of its own technology, only in this way, can the trade export growth be effective.

Due to the huge demand of market support, domestic new energy vehicles will be more rapid in the global development trend. With the release of the new energy vehicle catalogs in Shanghai and Beijing, new energy vehicles will compete fully across the country, and this development will also be healthier and longer-term.

The growth trend of wind power equipment, which accounts for nearly 30% of the demand for neodymium-iron-boron, has been clearly affected by the policy. It will maintain rapid growth in the short term under the influence of actual consumption upgrades, and it will steadily boost the demand for the permanent magnet industry in the long run.

In the first half of the year, the PE valuation of the rare earth permanent magnet industry relative to the CSI 300 has continued to rise, creating a new high, and the overall subsequent growth potential of the industry is strong. After experiencing the current fluctuations, it will maintain sustained long-term steady growth. .