Hengdian Group DMEGC Magnetics Co., Ltd.

The predecessor of Hengdian Group DMC Co., Ltd. was founded in 1980, and the joint-stock company was restructured and established in March 1999. In August 2006, Hengdian DME was successfully listed on the Shenzhen Stock Exchange (stock code 002056). Hengdian East Magnetics is a high-tech private enterprise with three major industries: magnetic materials, new energy and devices. It is the leading enterprise in the country's magnetic industry. It is currently the world's largest permanent magnet ferrite manufacturer, the world's largest soft magnetic material manufacturer, and a domestic solar energy manufacturer that has obtained the leader certificate.