JXJL Permanent Magnet Technology Corporation announced on the evening of December 6 that the company received the "Notice of Designation" from the Automotive Business Division of Nidec Corporation ("Nidec"), and the company officially became its rare earth permanent magnet material supplier. This time, Nidec has been appointed by Nidec to provide high-performance rare-earth permanent magnet materials for it, which will have a positive impact on the company's expansion of the market, including the field of new energy vehicles.
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