Antai Technology: High-efficiency energy-saving technology and equipment, huge market space in the future
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The company's third-quarter results were in line with market expectations, and all of the company's businesses were being carried out in an orderly manner. The company's new metal magnetic material, NdFeB, is expected to be put into production early next year. The growth point of the amorphous alloy material has a production capacity of 40,000 tons. In the first half of the year, it produced a total of 4,000 tons. In the third quarter, it continued to produce according to the company's plan, and continued to optimize the finished product rate and production process.
In the field of energy conservation and environmental protection, the “Twelfth Five-Year Plan†proposed to focus on the development of high-efficiency energy-saving technology equipment and products. Antai Technology (29.55, 1.99, 7.22%) is a direct beneficiary stock. As the only manufacturer in the country, the world's second-largest manufacturer of amorphous alloy materials has huge market space in the future. The promotion of amorphous transformers will greatly increase the demand for amorphous alloy materials, and it is estimated that China's annual demand will be 200,000 tons.
The company's technical barriers are more difficult for competitors to enter. The company not only has absolute advantages in technology, but also has scale advantages. At present, it has a production line of 40,000 tons, accounting for 31% of global production. At present, the company is doing a feasibility plan for the second phase of the 60,000-ton production line, and will have a scale of 100,000 tons of annual production in the future.