Zhejiang Zhongyuan Magnetic Industry Co., Ltd. was established in May 2000 with a registered capital of 52.631 million. It is located in Hengdian Electronic Industrial Park and Dongyang Changsonggang Industrial Park, Dongyang City, Zhejiang Province, which is known as the "Magnetic Capital of China". With an area of more than 110,000 square meters, it is a national high-tech enterprise specializing in the research and development, production, sales and service of medium and high-grade NdFeB magnets. .

The company has "Zhongyuan Rare Earth Permanent Magnetic Materials Provincial High-tech Enterprise Research and Development Center" with strong technical force; it has domestic first-class production equipment and advanced testing equipment, advanced production technology, complete product specifications, and annual production of various brands , Specifications of sintered NdFeB products of more than 4,000 tons; with self-support import and export rights, it is the main supplier of domestic mid-to-high-end NdFeB magnets, and its sales volume has always been at the forefront of the country. It is a strategic emerging industry of rare earth permanent magnet materials. Leading enterprise.