Yantai Zhenghai Magnetic Material Co., Ltd. engages in the research and development, manufacturing, and sale of rare earth permanent magnet materials and components.
Business Segments
High-Performance NdFeB Permanent Magnet Materials and Components: The company’s primary business segment is the research, development, production, and sales of high-performance NdFeB permanent magnet materials and components. The company is a global leader in this field, with a focus on serving high-end applicati...
Yantai Zhenghai Magnetic Material Co., Ltd. engages in the research and development, manufacturing, and sale of rare earth permanent magnet materials and components.
Business Segments
High-Performance NdFeB Permanent Magnet Materials and Components: The company’s primary business segment is the research, development, production, and sales of high-performance NdFeB permanent magnet materials and components. The company is a global leader in this field, with a focus on serving high-end application markets such as new energy vehicles, energy-saving vehicles, home appliances, intelligent consumer electronics, and industrial automation. The company has mass-produced multiple grades of NdFeB products, including 58N, 56M, 56H, 56SH, 58SH, 54UH, 56UH, and 52EH, which can meet the needs of various high-end application markets.
New Energy Vehicle Motor Control Systems: The company is the development, sales, and service of new energy vehicle motor control systems. The company’s subsidiary, Shanghai Dajun Power Control Technology Co., Ltd., engages in the research, development, sales, and service of new energy vehicle motor control systems. The company’s new energy vehicle motor control systems are used in energy-saving and new energy vehicles, providing high-performance, reliable, and safe solutions for automotive applications.
Business Strategy
The company’s business strategy is centered on becoming the world’s leading enterprise in the permanent magnet materials industry, driven by innovation and committed to contributing to a low-carbon world.
The rare earth resource balance strategy focuses on the practical application of material technology, reducing the use of scarce and high-priced heavy rare earth elements, expanding the use of abundant and low-cost ultra-light rare earth elements, and saving on the use of expensive conventional light rare earth elements, thereby achieving optimal utilization of all rare earth categories and continuously reducing the cost of rare earth permanent magnets.
The company’s strategy also emphasizes collaborative development with strategic customers, accurately grasping the development direction of segmented fields, maintaining multi-dimensional technological leadership, and continuously promoting new technology applications. The company’s core technologies, such as the Zhenghai Oxygen-Free Process and Grain Optimization Technology, are continuously iterated and upgraded, with deep integration of machine learning and artificial intelligence tools in the development of heavy rare earth-free products.
The company’s strategy is to serve high-end application markets, intend to meet customer needs through joint R&D, shared experience, and comprehensive technical services, ensuring that its products and customer products maintain absolute competitive advantages in leadership, economy, and innovation.
The company’s strategy also includes the establishment of a global marketing and service network, with bases in Germany, France, Japan, South Korea, the United States, and Malaysia, forming a sales network that covers key global markets and can quickly respond to major customer needs, providing real-time, multilingual on-site services and enhancing global market competitiveness.
Products and Services
The company’s main products are high-performance NdFeB permanent magnet materials and components, as well as new energy vehicle motor control systems. The company’s products are characterized by low heavy rare earth content, low weight loss, high consistency, high working temperature, and high coating reliability. The company has mass-produced multiple grades of NdFeB products, including 58N, 56M, 56H, 56SH, 58SH, 54UH, 56UH, and 52EH, which can meet the needs of various high-end application markets.
The company continuously upgrades its product grades and develops new series such as heavy rare earth-free magnets, low heavy rare earth magnets, and ultra-light rare earth magnets, ensuring that its products always combine leading performance, stable quality, and cost competitiveness. The company’s products are widely used in energy-saving and new energy vehicles, automotive electrical and wind power fields, and can also provide the most cost-competitive substrates for diffusion products.
The company’s high-performance NdFeB permanent magnet materials are highly matched with core components, such as hollow cup motors and frameless torque motors for humanoid robots.
The company’s new energy vehicle motor control systems are used in energy-saving and new energy vehicles, providing high-performance, reliable, and safe solutions for automotive applications.
Geographical Markets Served
The company has established a global marketing and service network with bases in Germany, France, Japan, South Korea, the United States, and Malaysia, forming a sales network that covers key global markets.
Research and Development
The company’s R&D expenditure for the reporting period was 333,110,935.46 yuan.
Customers
The company’s downstream customers are mainly leading enterprises in various segmented application markets, including energy-saving and new energy vehicles, home appliances, intelligent consumer electronics, and industrial automation.
Sales and Marketing
The company has established a global marketing and service network with bases in Germany, France, Japan, South Korea, the United States, and Malaysia, forming a sales network that covers key global markets.
History
Yantai Zhenghai Magnetic Material Co., Ltd. was founded in 2000. The company was incorporated in 2000.