Company Overview Show
Ningbo Xionghai Magnetics & Mechanism Industrial Co., Ltd. is a high-tech company specializing in the manufacturing of magnetic materials and magnetic assemblies in the coastal city of Ningbo.
With a total investment of USD5,000,000 and an area of 50,000 square meters, our parent company is Ningbo Xionghai Magnetics & Mechanism Industrial Co., Ltd. Meanwhile, our subsidiaries include Ningbo Co-Star Materials Hi-Tech Co., Ltd. and Ningbo Xionghai Rubber Magnetic Products Co., Ltd.; both of which engage in the manufacturing of SmCo magnets, AlNiCo magnets and rubber magnetic products.
With an annual capacity of 1,000 tons of sintered NdFeB magnets and 8,000 sets of permanent magnetic linear motor assemblies, our annual sales stand at USD12,000,000, and are expected to increase by 30% this year. Exporting 90% of all products, our main clients are located in North America, Europe and Southeast Asia.
Ningbo Co-Star Materials Hi-Tech Co., Ltd. manufactures SmCo magnets and AlNiCo magnets, with 80% of all products exported to North America and Europe. In order to best cater for clients in the latter of these markets, we have also set up a German sales office, which can be contacted at the telephone and fax numbers below..
Ningbo Xionghai Rubber Magnetic Products Co., Ltd. mainly produces rubber magnets, flexible iron sheets and rubber magnetic products including fridge magnets, magnetic photo frames, magnetic phone books, magnetic dart boards and magnetic writing and drawing boards. 60% of all products are exported to North America, Europe and Southeast Asia.
We warmly welcome all interested parties around the world to contact us in the sincere hope we can work together for mutual success.
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