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 Ningbo Xionghai Rubber Magnetic Products Co., Ltd.which engages in the manufacturing of rubber magnetic products. We own a well equipped R&D center with over 50 engineers experienced in both the magnetic and mechanical fields. Our main products include NdFeB magnets of all grades, in addition to magnetic assemblies. The latter of these series covers such products as permanent magnetic brushless linear motor assemblies, magnetic rotors, magnetic filters, magnetic clips and hooks, magnetic buttons and all kinds of customized 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 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 exp