Top 10 Magnet Manufacturers in China 2024

In 2024, China's magnet manufacturing industry continues to lead the global market with its cutting-edge technology and growing demand across various sectors, from electronics to industrial automation. The top 10 magnet manufacturers in China are renowned for their innovation, quality, and commitment to meeting the increasing needs of global industries. Among them, MAG SPRING, as China's top magnetic separator manufacturer, is rapidly rising and winning the favor of the international market with its innovative design and high-quality products. MAG SPRING provides a variety of magnetic solutions for complex industrial needs and is an ideal choice for companies seeking high-performance magnetic separators.

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1. Beijing Zhong Ke San Huan Hi-Tech Co Ltd

• Website: https://en.san-huan.com.cn/
• Introduction: Established in 1999 by Beijing San Huan Holdings, Zhong Ke San Huan focuses on researching, developing, and manufacturing Nd-Fe-B magnets. It operates several magnet plants and collaborates with Seiko-Epson and Vacuumschmelze GmbH. Zhong Ke San Huan is a company that was established on July 23rd, 1999 by Beijing San Huan Holdings Co., Ltd. (previously known as Beijing San Huan New Materials High-tech Inc.) of the Chinese Academy of Sciences. It became a public company on April 20th, 2000, listed under the number 000970. The company is focused on researching, developing, manufacturing, and marketing magnets and their application devices. The company owns four sintered Nd-Fe-B magnet plants: Ningbo Konit, Tianjin Sanhuan Lucky, SANVAC (Beijing), and Zhaoqing Sanhuan Jingyue. It also has one bonded Nd-Fe-B magnet plant named Shanghai San Huan Magnetics Co., Ltd., which cooperates with Seiko-Epson Corporation, Japan. SANVAC (Beijing) collaborates with Vacuumschmelze GmbH & Co. KG, Germany.
• Financial Report (2021):
  • Net Income Growth: +208.44%
  • Revenue: 7.12 B
  • EBITDA: +775.85 M
• Product Range:
  • Sintered Nd-Fe-B Magnets, Bonded Nd-Fe-B Magnets, Soft Ferrite, Amorphous & Nanocrystalline Materials
• Contact Information:
  • 27/F, Building A, No.66 East Road, Zhong Guan Cun, Haidian District, Beijing 100190, China
  • Tel: +86-10-82649988
  • Email: zksh@san-huan.com.cn

2. JL MAG Rare-Earth Co., Ltd.

• Website: https://www.jlmag.com.cn/en/
• Introduction: A leader in NdFeB magnets, JL MAG specializes in high-performance materials for eco-friendly applications and was listed on the Shenzhen Stock Exchange in 2018.JL MAG Rare-Earth Co., Ltd is a high-tech enterprise specializing in developing, producing, and selling high-performance NdFeB permanent magnetic materials. The company was listed on the Shenzhen Stock Exchange on September 21st, 2018, with a stock code of 300748. It is recognized as a leading supplier of core materials for new energy resources and eco-friendly applications globally.
• Financial Report (2021):
  • Net Income Growth: +98.75%
  • Revenue: 4.90 B
  • EBITDA: +771.97 M
• Product Range:
  • High-performance NdFeB Magnets, Magnet Assemblies, Injection Bonded Magnets
• Contact Information:
  • West Jinling Road, Development Zone, Ganzhou City, Jiangxi Province, China
  • Tel: +86 797 8068 888
  • Email: sales@jlmag.cn

3. Ningbo Yunsheng Co., Ltd.

• Website: http://www.yunsheng.com/en/
• Introduction: Founded in 1995, Ningbo Yunsheng is a high-tech enterprise with an annual production capacity of 21,000 tons, focusing on rare earth permanent magnets. It was listed on the Shanghai Stock Exchange in 2000.Since 1995, Ningbo Yunsheng Co., Ltd. has been a national high-tech enterprise specializing in research, development, manufacturing, and sales of rare earth permanent magnet materials. With an annual production capacity of 21,000 tons, the company has billet production, machining, and surface treatment production lines in Ningbo and Baotou. The company was listed on the Shanghai Stock Exchange in October 2000 under the stock code “600366”.
• Financial Report (2021):
  • Net Income Growth: +191.55%
  • Revenue: 3.72 B
  • EBITDA: +500.62 M
• Product Range:
  • Sintered NdFeB, Bonded NdFeB, Magnetic Assemblies
• Contact Information:
  • No. 1, Yangfan Road, Ningbo National Hi-Tech Industrial Development Zone, Zhejiang Province, China
  • Tel: +86-574-27862218
  • Email: webmaster@ysweb.com

4. YanTai Zhenghai Magnetic Material Co., Ltd.

• Website: http://www.zhmag.com/en/
• Introduction: Established in 2000, ZHmag is a national high-tech company listed on the ChiNext Market. It has subsidiaries in Germany, Japan, Korea, and the USA.Yantai Zhenghai Magnetic Material Co. Ltd., also known as “ZHmag,” is a national high-tech company incorporated in 2000. The company is listed on the ChiNext Market, a NASDAQ equivalent board, with the stock code 300224. ZHmag has expanded its global presence by establishing several subsidiaries in Germany, Japan, Korea, and the USA. In China, the company has set up five manufacturing facilities. ZHmag boasts a nationally accredited corporate R&D center, a hi-tech center of excellence, and a national and provincial engineering tech center, cementing its position as a top player in the global market.
• Financial Report (2021):
  • Net Income Growth: +99.22%
  • Revenue: 3.36 B
  • EBITDA: +378.11 M
• Product Range:
  • High-performance NdFeB permanent magnetic materials
• Contact Information:
  • 9, Shantou Street, YEDA, Yantai, China
  • Tel: +86-0535-6397197
  • Email: Marketing@zhmag.com

5. Zhejiang Innuovo Magnetics Co., Ltd.

• Website: http://www.innuovo-mag.com/
• Introduction: Zhejlang Innuovo Magnetics Co., Ltd. was established in 2003, but its roots date back to 1986 when it was part of the Rare-earth Permanent Magnetic Material Complex of Hengdian Group. It is a leading high-tech company in China that researches, develops, produces, and markets magnetic materials. Innuovo Magnetics specializes in manufacturing Sintered Nd-Fe-B magnets and Bonded Nd-Fe-B magnets. With three production bases covering an area of 14000 square meters, an efficient enterprise management system, and a powerful R&D department, the company has an annual production capacity of 6000 tons for Sintered Nd-Fe-B magnets and 500 tons for Bonded Nd-Fe-B magnets. Innuovo Magnetics produces high-grade Sintered Nd-Fe-B magnets such as N52, N48H, N45H, N42SH, N40UH, and N38EH.
• Financial Report (2021):
  • Net Income Growth: +32.62%
  • Revenue: 3.74 B
  • EBITDA: +209.50 M
• Product Range:
  • Sintered NdFeB Magnets, Bonded NdFeB Magnets, Tungsten Alloy
• Contact Information:
  • No.133, Industrial Road, Hengdian Electronic Industrial Park, Dongyang City, Zhejiang, China
  • Tel: +86-579-86563938
  • Email: magnetic@innuovo.com

6. Chengdu Galaxy Magnets Company Limited

• Website: http://www.galaxymagnets.com/
• Introduction: Zhejlang Innuovo Magnetics Co., Ltd. was established in 2003, but its roots date back to 1986 when it was part of the Rare-earth Permanent Magnetic Material Complex of Hengdian Group. It is a leading high-tech company in China that researches, develops, produces, and markets magnetic materials. Innuovo Magnetics specializes in manufacturing Sintered Nd-Fe-B magnets and Bonded Nd-Fe-B magnets. With three production bases covering an area of 14000 square meters, an efficient enterprise management system, and a powerful R&D department, the company has an annual production capacity of 6000 tons for Sintered Nd-Fe-B magnets and 500 tons for Bonded Nd-Fe-B magnets. Innuovo Magnetics produces high-grade Sintered Nd-Fe-B magnets such as N52, N48H, N45H, N42SH, N40UH, and N38EH.
• Financial Report (2021):
  • Net Income Growth: +31.12%
  • Revenue: 852.84 M
  • EBITDA: +231.16 M
• Product Range:
  • Bonded Magnets, Hot-Pressed Magnets, SmCo Magnets
• Contact Information:
  • No.608 Baicao Road, Hi-Tech Area, Chengdu Sichuan, China
  • Tel: +86-28-61838196
  • Email: dhq@galaxymagnets.com

7. Advanced Technology & Materials Co., Ltd.

• Website: http://www.atmcn.com/gsgk/gsjj/
• Introduction: Founded by China Iron & Steel Research Institute Group, AT&M focuses on rare earth permanent magnets, special alloys, and other advanced materials. It was listed in 1998.
• Financial Report (2021):
  • Net Income Growth: +66.00%
  • Revenue: 6.22 B
  • EBITDA: +620.97 M
• Product Range:
  • Rare Earth Permanent Magnets, Special Alloys, Metal Injection Molding Parts
• Contact Information:
  • No.30 Yuhua Road, Part B, Tianzhu Airport Industry Zone, Beijing, China
  • Tel: +86-80485810

8. Earth-Panda Advanced Magnetic Material Co., Ltd.

• Website: http://earth-panda.com/
• Introduction: Established in 2003, Earth-Panda is a national high-tech enterprise specializing in NdFeB magnets for various industrial applications.Earth-Panda Advanced Magnetic Material Co., Ltd. (Stock Code: 688077) is a national high-tech enterprise founded in 2003 with a registered capital of RMB 80 million. The company is recognized as a national innovative pilot enterprise and a national professional, specialized, special, and new “little giant” enterprise, which integrates the research, development, production, and operation of rare earth permanent magnet materials.
• Financial Report (2021):
  • Net Income Growth: +191.07%
  • Revenue: 1.65 B
• Product Range:
  • NdFeB Magnets
• Contact Information:
  • Tel: +86-529-86103680
  • Email: info@earth-panda.com

9. Hengdian Group DMEGC Magnetics Co., Ltd.

• Website: https://www.dmegc.com.cn/
• Introduction: Part of the Hengdian Group, DMEGC is a leader in producing permanent magnets, electronic materials, and energy components. It offers a wide range of high-quality magnetic materials.
• Product Range:
  • Sintered NdFeB, Bonded NdFeB, Ferrite Magnets
• Contact Information:
  • Tel: +86-579-86566666

10. Guangdong Jda Magnet Co., Ltd.

• Website: https://www.jdamag.com
• Introduction: Jda Magnet specializes in NdFeB permanent magnets and is known for its strong R&D and production capabilities, serving clients globally.JDA company may not be publicly listed like the ones mentioned earlier, but we have a wealth of experience. Our company was founded in 1998, and we’ve been supplying high-quality magnetic items to consumers all around the globe ever since. We have more than $200 million yearly revenue and take satisfaction in servicing customers of all sizes and sectors. We specialize in producing and supplying a wide range of neodymium magnets. We can assure you that every product that leaves our plant is trustworthy and satisfies our clients’ expectations since we use innovative manufacturing equipment and thorough quality control techniques.
• Product Range:
  • NdFeB Permanent Magnets
• Contact Information:
  • Tel: +86-760-22552423
  • Email: sales@jdmag.com