Shanghai Securities News China Securities Network (Dou Shiping, Reporter Wang Zilin) January 3, 2025 — Tianhe Magnetic Materials Technology Co., Ltd. (Stock Abbreviation: Tianhe Magnetic Materials; Stock Code: 603072) was officially listed on the Main Board of the Shanghai Stock Exchange, marking that this enterprise deeply rooted in the field of high-performance rare earth permanent magnet materials has entered a new stage in the capital market. The successful listing of Tianhe Magnetic Materials not only injects strong momentum into the company's future development but also adds new vitality to the overall upgrade of China's rare earth permanent magnet materials industry.

Over 30 Years of Deep Cultivation and Transformation Growth

Since its establishment in 1993, Tianhe Magnetic Materials has consistently focused on the R&D, production, and sales of high-performance rare earth permanent magnet materials such as sintered NdFeB and sintered SmCo. With its own development, deepening understanding and participation in the market and industry chain, as well as the support of policies for the transformation and upgrading of the rare earth industry in the Baotou region and the continuous improvement of related supporting facilities, Tianhe Magnetic Materials has experienced three stages of development over the past three decades.