Jinli Permanent Magnet disclosed a record sheet of investor relations activities on the evening of September 8. In response to institutional research on the same day, the company said that the company will launch the Baotou Phase III “Green Intelligent Manufacturing Project with an annual output of 20,000 tons of high-performance rare earth permanent magnet materials” in mid-2025. At present, the main project project has basically been completed, production equipment will be installed in batches according to the plan, and production capacity will be gradually released in batches. The company's magnetic material production capacity is expected to reach 60,000 tons/year by the end of 2027.

Jinli Permanent Magnet disclosed a record sheet of investor relations activities on the evening of September 8. In response to institutional research on the same day, the company said that the company will launch the Baotou Phase III “Green Intelligent Manufacturing Project with an annual output of 20,000 tons of high-performance rare earth permanent magnet materials” in mid-2025. At present, the main project project has basically been completed, production equipment will be installed in batches according to the plan, and production capacity will be gradually released in batches. The company's magnetic material production capacity is expected to reach 60,000 tons/year by the end of 2027.