The energy new materials industry is becoming a new growth point for the company: the company is one of the most competitive battery material manufacturers in the country. The company can quickly become the industry leader from the industry's latecomers, mainly benefiting from the company's management's forward-looking strategic vision. Domestic leading material research capabilities and efficient management capabilities.
Orders for hydrogen storage alloy powder for hybrid vehicles are available. The company's hydrogen storage alloy powder certification for hybrid vehicles has come to an end. The company's hydrogen storage alloy powder products have been certified by Panasonic and Sanyo for 3 years (Panasonic, Sanyo produces hybrid vehicle batteries for Toyota), we believe that the company's products are The possibility of passing the certification in 2009 is very high. At that time, the company's orders for hydrogen storage alloy powder for vehicles will explode, and the gross profit margin of the products is expected to increase from the current 10%-15% to over 20%.
The integrator of the rare earth industry in Fujian. The company's development of the rare earth industry is based on the improvement of the energy new material industry chain. Fujian is the main province of ion-type rare earth storage in southern China, accounting for 10% of the national reserves. The company owns rare earth minerals in Changting and is rich in rare earth elements such as lanthanum, cerium and lanthanum. The company's self-applied rare earth mining license is expected to be approved in the second half of 2009.
Still optimistic about the price of tungsten resources. I am optimistic about the integration ability of Minmetals for domestic tungsten resources. Minmetals has controlled about 50% of the global tungsten supply by integrating Jiangxi tungsten resources and participating in Hunan Nonferrous Metals, and has already had a large pricing power for international tungsten prices. In addition, the national reserve will support the prosperity of the tungsten industry.
The tungsten business has been stable for the winter. The protective exploitation of tungsten concentrate resulted in lower-than-expected short-term production, but did not affect the company's intrinsic investment value. The tungsten processing business maintained a 30% growth in cemented carbide in 2009. Other businesses are expected to maintain production levels in 2008.
Orders for hydrogen storage alloy powder for hybrid vehicles are available. The company's hydrogen storage alloy powder certification for hybrid vehicles has come to an end. The company's hydrogen storage alloy powder products have been certified by Panasonic and Sanyo for 3 years (Panasonic, Sanyo produces hybrid vehicle batteries for Toyota), we believe that the company's products are The possibility of passing the certification in 2009 is very high. At that time, the company's orders for hydrogen storage alloy powder for vehicles will explode, and the gross profit margin of the products is expected to increase from the current 10%-15% to over 20%.
The integrator of the rare earth industry in Fujian. The company's development of the rare earth industry is based on the improvement of the energy new material industry chain. Fujian is the main province of ion-type rare earth storage in southern China, accounting for 10% of the national reserves. The company owns rare earth minerals in Changting and is rich in rare earth elements such as lanthanum, cerium and lanthanum. The company's self-applied rare earth mining license is expected to be approved in the second half of 2009.
Still optimistic about the price of tungsten resources. I am optimistic about the integration ability of Minmetals for domestic tungsten resources. Minmetals has controlled about 50% of the global tungsten supply by integrating Jiangxi tungsten resources and participating in Hunan Nonferrous Metals, and has already had a large pricing power for international tungsten prices. In addition, the national reserve will support the prosperity of the tungsten industry.
The tungsten business has been stable for the winter. The protective exploitation of tungsten concentrate resulted in lower-than-expected short-term production, but did not affect the company's intrinsic investment value. The tungsten processing business maintained a 30% growth in cemented carbide in 2009. Other businesses are expected to maintain production levels in 2008.
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