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With the advent of the era of high global oil prices, the entry into force of the "Kyoto Protocol" and the increasing emphasis on environmental protection and energy conservation in various countries around the world, environmental protection and energy conservation are becoming an important factor affecting the development of manufacturing in various countries. One of the main raw materials of the product. For example, the application of NdFeB permanent magnets in automobiles, compressors, wind turbines and other fields is precisely due to environmental protection and energy saving considerations. Nd-Fe-B permanent magnets will be more widely used as environmentally-friendly and energy-saving functional materials. The NdFeB permanent magnet industry is becoming a new Chaoyang environmental protection industry.

We expect that in the next 3-5 years, the annual growth rate of NdFeB permanent magnets will average about 20%. Its growth mainly comes from several fields: traditional automobile industry, information technology industry, nuclear magnetic resonance imaging industry and machine tool industry.

In an era of increasingly tight energy sources, the conversion of wind energy into electricity will undoubtedly be supported by government policies. Wind power generation has been implemented on a large scale in Europe and is still in its infancy in China. The previous 1 MW units used roughly NdFeB permanent magnet At about 1 ton, thanks to the rapid growth of the wind power industry, the use of NdFeB permanent magnets in wind turbines will also increase rapidly.

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