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Yunsheng Baotou branch commences construction of high-performance rare earth magnet material intelligent manufacturing project

On May 17, Ningbo Yunsheng Co., Ltd.'s Baotou branch company staged a groundbreaking ceremony for 15,000tpy high-performance rare earth magnet material intelligent manufacturing project. The project will cover 130 Mu (8.67 hectares) of land with a total investment of around RMB1.1 billion (USD0.16 billion), and is expected to complete construction in 2024.