Xinlaifu: High-performance samarium iron nitride magnetic powder for motors is in the stage of pilot production line construction.

Xinlaifu stated at the performance briefing on September 19 that the company's high-performance samarium iron nitride magnetic powder for electric motors is currently in the construction stage of the trial production and mass production line. It is expected to complete the construction of the first small batch production line by the end of September. Subsequently, based on market feedback and demand, the company will steadily promote capacity release and market expansion work.