The company was founded in 2000 and is listed on the Shenzhen GEM. The company is committed to the development and manufacture of high-end rare earth permanent magnetic materials and components. It is a national high-tech enterprise, a national enterprise technology center, a national and local joint engineering research center, and a magnetic materials engineering technology research center in Shandong Province, and has strong comprehensive competitive strength. The main business is high-performance NdFeB permanent magnet materials business and new energy vehicle motor drive system business. Corporate honors: National Intellectual Property Advantage Enterprise, 19th China Patent Excellence Award, National Science and Technology Progress Second Prize, etc.
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