Established in 1997,  Ningbo Permanent Magnetics Co., Ltd. is located in Ningbo of Zhejiang Province, which belongs to the east port city in Yangtze River Delta of China. Being as the 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. By virtue of its products in the domestic leading and international advanced level, it is one of the enterprises with the largest production scale in permanent magnet field.

The company has built provincial-level scientific and research center and possesses a scientific team with abundant experience, so as to focus on cultivating new growth point of technology. It could provide professional design and consultation service according to customers’ requirements. Since its establishment, under the technical support of Ningbo Material Institute of 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 center 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. What’s more, the company is equipped with international advanced production equipment and detecting instrument.

At present, the company’s products find a good sale in Europe, North America, South America, Southeast Asia and other regions, among which the export sales occupy 80%. The products are in the international leading level, and mainly applied to middle and high-end motor, consumer electronics, medical treatment, clean energy and other fields. The company is one of the enterprises with the largest production scale in permanent magnet field.