NdFeB is a product with high technical content in rare earth permanent magnets. Its core technology has always been monopolized by Japan. With the rapid development of domestic NdFeB technology, more and more right to speak will promote the breakthrough of barriers and trade exports. However, the core problem that needs to be solved in the end is the advancement of its own technology, and this kind of trade export growth is effective.

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

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

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