According to the Zhitong Finance App, Jinli Permanent Magnet (06680.HK) issued an announcement regarding the company's investment in the construction of a green intelligent manufacturing project with an annual output of 20,000 tons of high-performance rare earth permanent magnet materials. In order to respond positively to the country's strategic plan to fully build “two rare earth bases”, the company's board of directors adheres to the vision of “becoming the world's leading enterprise in the rare earth permanent magnet industry”. According to market demand and in line with its own business development needs, the company invested in the construction of a “green intelligent manufacturing project with an annual output of 20,000 tons of high-performance rare earth permanent magnet materials” in Baotou through a wholly-owned subsidiary. According to the actual situation of project development, the company further optimized the project operation management structure and improved management efficiency. The project implementation entity changed from Jinli Permanent Magnet (Baotou) Technology Co., Ltd. to its wholly-owned subsidiary Jinli Permanent Magnet (Baotou) Intelligent Manufacturing Co., Ltd.

According to the Zhitong Finance App, Jinli Permanent Magnet (06680.HK) issued an announcement regarding the company's investment in the construction of a green intelligent manufacturing project with an annual output of 20,000 tons of high-performance rare earth permanent magnet materials. In order to respond positively to the country's strategic plan to fully build “two rare earth bases”, the company's board of directors adheres to the vision of “becoming the world's leading enterprise in the rare earth permanent magnet industry”. According to market demand and in line with its own business development needs, the company invested in the construction of a “green intelligent manufacturing project with an annual output of 20,000 tons of high-performance rare earth permanent magnet materials” in Baotou through a wholly-owned subsidiary. According to the actual situation of project development, the company further optimized the project operation management structure and improved management efficiency. The project implementation entity changed from Jinli Permanent Magnet (Baotou) Technology Co., Ltd. to its wholly-owned subsidiary Jinli Permanent Magnet (Baotou) Intelligent Manufacturing Co., Ltd.