Technology, Automotive Feb 09, 2022 04:49 PM (GMT+8) · EqualOcean
Earth bear announced that it will realize a net profit of 150 million yuan in 2021, with a year-on-year increase of 191.5%. Since 2021, the demand for high-performance sintered NdFeB in downstream application fields has increased vigorously. At the same time, the company's Sintered NdFeB production capacity in Baotou and Hefei has been continuously released, providing production capacity guarantee for market development; The company's orders increased significantly and the sales volume continued to grow; Improve quality and efficiency, reduce costs, double increase in production and sales, drive the scale effect, and continuously enhance the profitability.
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