NEWS
08
2024
Hong Rong Parts Factory was established, after initial development and groping, it co-operated with Rhythm Rise Group in the same year and started the business of magnetic components. Initially produced magnetic suction cups and early iron removers. The output value exceeded 1 million through two years.
08
2024
Developed and produced the first batch of high magnetic field magnetic bars in Ningbo, with a magnetic field of more than 8,000 Gs. In the following four years, we have successively produced magnetic bars of 10,000 Gs, 11,000 Gs and 12,000 Gs, and developed and produced the subsequent large-scale magnetic filters, with an output value of more than 5 million RMB. In the subsequent development and successful development and production of a variety of high-precision motor rotor, linear motor guide, new energy vehicle drive motor magnets and other products.
08
2024
Elwin Magnetic was established, mainly to produce and sell NdFeB magnets as the main business, in a short time in the international market to stand firm, the overall output value of high-speed growth.
08
2024
Surpassed 8 million
08
2024
Break through 20 million
08
2024
Hongrong Parts Factory and Alvin Magnetic together invested 50 million in Yuyao Thousand Plan Industrial Zone to build a production base with a building area of more than 12,000 square metres for the production of all kinds of magnetic products. In order to better develop and promote, the two companies jointly invested Ningbo Magbeth Magnetic Material Co., Ltd. to develop domestic and international markets with a new look, set the strengths of the two companies to develop brand new magnetic products, and believe that the new company can come out of a different extraordinary road under the common efforts of all of us.