Hengdian East Magnet: The profitability of components in the second half of the year is expected to still have support.

Jin10 reported on August 23 that Hengdian East Magnetic stated during its half-year performance conference call on August 21 that in response to the rebound in silicon material prices, the company has made advance preparations by establishing a moderate strategic inventory to reduce the impact of upstream price increases and the inconsistency in price transmission downstream. The profitability of components in the second half of the year is expected to remain supported. The company has maintained a strong commitment to downstream prices over the past few years, especially in strictly controlling the price risks of medium to long-term orders, which is also related to the company’s moderate scale.