The Jin10 data reported on August 23 that Hengdian East Magnetic stated in a conference call on August 21 regarding its semi-annual report performance that to cope with the rebound of silicon material prices, the company has made advance preparations by establishing an appropriate strategic inventory to reduce the impact of upstream price increases and downstream price transmission inconsistencies. The profitability of components in the second half of the year is expected to still have support. The company has maintained a strong commitment to downstream prices in recent years, especially with strict control over the price risks of medium- and long-term orders, which is also related to the company’s moderate scale.

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