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Mingpu OptoMagnetic: 2024 Annual Report Summary
Mingpu OptoMagnetic: Report for the first quarter of 2025
Mingpu OptoMagnetic: 2024 Annual Report
Dongguan Mentech Optical & Magnetic (002902.SZ): Net loss of 46.9675 million yuan in the first quarter.
Gelonghui reported on April 21 that Dongguan Mentech Optical & Magnetic (002902.SZ) announced its Q1 2025 report. In the first quarter, the company achieved revenue of 0.359 billion yuan, a year-on-year decrease of 10.77%; the Net income attributable to shareholders of the listed company was -46.9675 million yuan; the Net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was -48.2467 million yuan; the EPS was -0.1995 yuan.
Dongguan Mentech Optical & Magnetic (002902.SZ): Has not yet cooperated with the Chinese Academy of Sciences.
On April 21, Gelonghui reported that Dongguan Mentech Optical & Magnetic (002902.SZ) stated on an interactive platform that as magnetic components move towards high frequency, high efficiency, and high power density, the company is actively collaborating with Universities and research institutes for industry-academia-research cooperation. This includes special research on the development and application of high-frequency inductive magnetic materials for Third-generation Semiconductors. The goal is to develop soft magnetic materials with superior overall performance and Eco-friendly Concept characteristics, making products more suited to the trends of miniaturization and integration, achieving industrialization of products and forming large-scale production capability, thus driving the joint development of upstream and downstream enterprises. There is currently no cooperation with the Chinese Academy of Sciences.
Dongguan Mentech Optical & Magnetic (002902.SZ): Currently, the company's products have not yet been applied in Offshore Equipment.
On April 21, Gelonghui reported that Dongguan Mentech Optical & Magnetic (002902.SZ) stated on the interactive platform that the company's magnetic component products are mainly used in Communications, photovoltaic power generation, new energy storage, New energy Fund, and Charging Stations. Optical communication products are primarily applied in fixed network access FTTX, telecommunications, and Datacenter markets. In addition, emerging application areas such as 5G, new energy generation, Autos, Intelligent Manufacturing, Smart Grids, and Datacenter provide new momentum for the company's power products. Currently, the company's products have not yet been applied in Offshore Equipment.
Dongguan Mentech Optical & Magnetic Co., Ltd. (SZSE:002902) Shares Fly 35% But Investors Aren't Buying For Growth
