The energy efficiency review for the retrofitting project, which aims to produce 20,000 tons of high-performance soft magnetic metal powder cores annually, was publicly disclosed on September 7 on Zhejiang Province's investment project approval platform. Located in Deqing, Huzhou, the project involves pressing and sintering soft magnetic powders such as FeSiAl and FeNi into cores, targeting applications in new energy vehicle motors, inductors, and power supplies. The 20,000-ton scale of this retrofit reflects continued downstream capacity expansion for soft magnetic powders, signaling a growth window for gas-atomized powder manufacturers expanding their soft magnetic product lines.