Established in 1997, Ningbo Permanent Magnetic Industry is located in Ningbo of Zhejiang Province, which belongs to the east port city in the Yangtze River Delta of China. Being a high-tech enterprise integrated by production, science and research through national approval, it specializes in producing middle and high-end NdFeB permanent magnetic material and its products. Now the company owns more than 500 employees and covers 60000m2. With the international advanced production equipment and modernized plant facilities, the annual production capacity exceeds 5000t. With its products at the domestic leading and international advanced level, it is one of the enterprises with the largest production scale in the permanent magnetic industry.
The company has built a provincial-level scientific and research centre and possesses a scientific team with abundant experience to focus on cultivating new growth points of technology. It could provide professional design and consultation services according to customers’ requirements. Since its establishment, under the technical support of Ningbo Material Institute of the Chinese Academy of Sciences, University of Science and Technology Beijing, Zhejiang University and other R&D institutes, as well as the provincial-level engineering technology R&D centre inside of the company, the company devotes itself to researching, developing rare earth permanent magnetic material with high performance, batch production and application for a long time. Moreover, the company has internationally advanced production equipment and detecting instruments.
At present, the company’s products are selling well in Europe, North America, South America, Southeast Asia, and other regions, with 80% of sales coming from exports. The products are internationally renowned and are mainly used in middle—and high-end motors, consumer electronics, medical treatment, clean energy, and other fields. The company is one of the largest enterprises with a large production scale in the permanent magnetic industry.
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