Yantai Zhenghai Magnetic Material Co., Ltd
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Yantai Zhenghai Magnetic Material Co., Ltd - overview
Location
Yantai, Shandong, China
Primary Industry
Materials
About
Yantai Zhenghai Magnetic Material Co. , Ltd produces high-performance magnetic materials, specializing in Neodymium Iron Boron (NdFeB) magnets for various industrial applications. Yantai Zhenghai Magnetic Material Co. , Ltd is focused on manufacturing strong magnetic materials, particularly NdFeB magnets.
The company is headquartered in Yantai, China. It was founded by individuals whose prior ventures are not disclosed. The company's strategic operations have remained consistent without major pivots in recent years. Specific global office locations beyond Yantai have not been provided.
Yantai Zhenghai Magnetic Material Co. , Ltd specializes in the production of high-performance magnetic materials, primarily focusing on Neodymium Iron Boron (NdFeB) magnets. These magnets are known for their strength and are utilized in electric motors, automotive components, consumer electronics, and renewable energy systems such as wind turbines. The company continuously develops advanced magnetic products to meet global industry needs, serving clients in Europe, North America, and Asia.
The revenue model for Yantai Zhenghai Magnetic Material Co. , Ltd is built on B2B transactions, primarily selling directly to manufacturers and industrial clients. The company provides tailored solutions through bulk orders of Neodymium magnets for integration into products like motors or electronic devices. Pricing structures are based on production volume and contract terms, allowing for competitive rates for large-scale clients.
The revenue reflects the company's strategy to deliver high-quality magnetic solutions across multiple regions. Plans for future growth include the development of new magnetic products tailored to emerging technologies with potential releases in the upcoming year. The company seeks to expand into new geographic markets in Southeast Asia and Europe by the end of 2024. Recent funding will support these initiatives, enhancing product development and market penetration efforts.
Primary Industry
Materials
Sub Industries
Steel & Metals
Website
www.zhmag.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Yantai Zhenghai Magnetic Material Co., Ltd - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| 董事长 | BM | ||||||
| 董事长 | BM |
BM Board Member
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