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Hengdian Dong磁: Gradually increase domestic and international magnetic material production capacity based on market expansion.
People’s Finance Network, March 28—An investor asked Dongci of Hengdian (002056): “China’s transformer market is booming with record orders worldwide. As a core component supplier of transformers, has the company expanded its capacity?” Dongci of Hengdian replied on the interactive platform: “Depending on market expansion, the company has been increasing magnetic material production capacity in stages at home and abroad to meet the needs of different customers at different stages.”