Zhongke Magnetics

What Zhongke Magnetics does

Zhongke Magnetics (浙江中科磁业股份有限公司) is a China-based, publicly listed manufacturer of permanent magnetic materials headquartered in Dongyang, Zhejiang Province, and listed on the Shenzhen Stock Exchange ChiNext Board (stock code: 301141) since April 3, 2023. The company operates a dual-product portfolio spanning sintered neodymium iron boron (NdFeB) permanent magnets — offered across 70+ grades in N, M, H, SH, UH, EH, and TH series and seven form factors (ring, disc, block, arc, cylinder, countersunk, and custom-shaped) — and permanent ferrite magnets offered across 20 grades in five form factors. Its technology stack centers on high-abundance rare earth balance application, grain boundary diffusion, high-performance sintered NdFeB magnetic body preparation, ultra-thin small special-shaped magnet precision processing, intelligent image appearance automated inspection, high-performance ferrite slurry stabilization, and a self-developed rare-earth-free ZK-5B high-performance motor magnetic tile.

Zhongke sells primarily on a direct, quote-based B2B model with ODM/OEM customization, supported by dedicated account managers, website-based inquiry and quotation, and participation in international trade exhibitions (including Germany in June 2023). Its customer base spans Chinese tier-1 OEMs and globally recognized end-use brands across consumer electronics (smartphones, computers, TVs, speakers, wearables), energy-saving home appliances (variable-frequency air conditioners, refrigerators, washing machines), industrial equipment, automotive (NEV drive motors, ABS sensors, EPS), wind power generation, smart manufacturing/industrial robots, and power tools. Named direct OEMs include GoerTek, Wolong Electric Drive, Weiling Motor, Tongli Electronics/Technology, Guoguang Electric, Youmao Motor, Dongke Holdings, EM-TECH, and Korean Star Master; products reach end-use brands such as Samsung, Sony, Harman, Huawei, Xiaomi, Amazon, Midea, Gree, and Daikin, and are exported to over 40 countries.

The company holds 33 patents (including 7 invention patents), operates a Provincial Enterprise Technology Center, a Provincial Enterprise Research Institute, and a Provincial High-Tech Enterprise R&D Center, and is certified to IATF 16949, ISO 9001, ISO 14001, ISO 45001, RoHS, and REACH. It was designated a Fourth Batch 'Little Giant' specialized enterprise by the Ministry of Industry and Information Technology, recognized as a National High-Tech Enterprise since 2015, and led the drafting of two group standards: T/ZZB 1525-2020 (high intrinsic coercivity NdFeB for variable-frequency air conditioning compressors) and T/ZZB 1566-2020 (ferrite for ultra-thin speakers). Current production capacity is 1,000 tons/year of NdFeB and 6,000 tons/year of ferrite, with a planned expansion project adding further 6,000 tons/year of high-performance motor magnetic tiles and 1,000 tons/year of high-performance NdFeB magnetic steel.

Name

Zhongke Magnetics

Legal name

浙江中科磁业股份有限公司

Website

https://dymagnet.com

Company type

Public

Founded year

2010

Operating status

Ipo

Headcount range

101–250 employees

Short description

Zhongke Magnetics is a China-based, publicly listed manufacturer of sintered NdFeB and permanent ferrite magnets, supplying Chinese tier-1 OEMs and global consumer electronics, home appliance, automotive, wind, and industrial motor brands with over 70 NdFeB and 20 ferrite grades.

Ownership category

akta.pro rank

Product category

Permanent Magnetic Materials Manufacturing

NAICS

All Other Fabricated Metal Product Manufacturing (33299)

SIC

Electronic Coils, Transformers & Other Inductors (3677)

akta.pro primary industry

Transformers & Magnetics (Power/Signal) (HDAHANAD)

Keywords

• Permanent magnetic materials
• Sintered NdFeB magnets
• Ferrite magnets manufacturing
• Neodymium iron boron magnets
• Rare earth magnets production

Headquarters

HQ city

Dongyang

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Permanent Magnetic Materials Sales: The company generates revenue through manufacturing and selling permanent magnetic materials including sintered NdFeB permanent magnetic materials and permanent ferrite magnets. Products are sold to global consumer electronics, energy-saving appliance, industrial equipment, automotive, wind power, smart manufacturing, and power tool manufacturers through direct sales channels.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Zhongke Magnetics is a Chinese high-tech manufacturer specializing in the R&D, production, and sale of permanent magnetic materials. Its dual-product portfolio comprises sintered neodymium iron boron (NdFeB) magnets with 70+ grades across N, M, H, SH, UH, EH, TH series, and permanent ferrite magnets with 20 grades, offered in ring, disc, block, arc, cylinder, countersunk, and custom-shaped forms for OEM manufacturers worldwide.

Product overview

Zhongke Magnetics (浙江中科磁业股份有限公司) is a high-tech enterprise specializing in R&D, production and sales of permanent magnet materials. The company operates a dual-product portfolio architecture comprising two main product lines: Sintered Neodymium Iron Boron (NdFeB) Permanent Magnet Materials and Permanent Magnet Ferrite Magnets. The NdFeB product line includes seven series (N, M, H, SH, UH, EH, TH) with over 70 grades including ring magnets, disc magnets, block magnets, arc magnets, cylinder magnets, countersunk magnets, and custom-shaped magnets. The ferrite product line includes 20 grades covering ring magnets, disc magnets, block magnets, arc magnets, and custom-shaped magnets. Both product lines are widely applied in consumer electronics, energy-saving appliances, industrial equipment, automotive, wind power generation, intelligent manufacturing, and power tools sectors. The company positions itself in the mid-to-high-end market serving global renowned enterprises including Samsung, Harman, Sony, Huawei, Xiaomi, Amazon, Midea, Gree, and Daikin.

Differentiator

Problem solved

Functional benefit

Products and services

• Neodymium Iron Boron Ring Magnet (钕铁硼圆环) Ring-shaped NdFeB permanent magnets with high magnetic strength, applied in speaker systems, hard disk drives, audio equipment, magnetic coupling pumps, door latches, motors and generators, jewelry, and bearings.
• Neodymium Iron Boron Disc Magnet (钕铁硼圆片) Disc-shaped NdFeB permanent magnets with versatile applications in thousands of components and products, easily fixed with adhesives or pushed into holes and slots in wood or plastic.
• Neodymium Iron Boron Block Magnet (钕铁硼方块) Block-shaped NdFeB permanent magnets applied in magnetic separators, linear actuators, microphone assemblies, servo motors, DC motors, computer hard disk drives, printers, speakers, magnetic components, and scientific projects.
• Neodymium Iron Boron Arc Magnet / Segment (钕铁硼磁瓦) Arc or segment NdFeB permanent magnets made from high-quality Nd-Fe-B elements, primarily used in voice coil motors, permanent magnet motors, generators, wind turbines, torque couplings and other applications.
• Neodymium Iron Boron Cylinder Magnet (钕铁硼圆柱) Cylindrical NdFeB permanent magnets with parallel straight edges and circular cross-sections, measured by diameter (D) x height (H), offering ultra-high magnetic strength for consumer, commercial and technical applications.
• Neodymium Iron Boron Countersunk Magnet (钕铁硼沉孔磁铁) Functional NdFeB permanent magnets with countersunk holes for easy attachment using matching screws to surfaces, chosen for many consumer, commercial and technical applications due to magnetic strength.
• Neodymium Iron Boron Custom/Shaped Magnet (钕铁硼异形磁铁) Custom irregular-shaped NdFeB magnets manufactured with advanced machines and experienced engineering technology, offering ODM/OEM services for special machine applications in various fields.
• Ferrite Ring Magnet (铁氧体圆环) Ferrite ring magnets capable of withstanding temperatures up to 250°C and as low as -40°C, suitable for indoor and outdoor use. Available in material grades Y25, Y20, Y35, Y30BH.
• Ferrite Disc Magnet (铁氧体圆片) Circular coin-shaped ferrite magnets with varying diameters and thickness, one of the most cost-effective magnetic materials with good corrosion resistance and medium temperature capability, widely used in motors, speakers and other industrial fields.
• Ferrite Block Magnet (铁氧体方块) Ferrite block magnets available in various sizes as a low-cost option, with large blocks used for sweeping and separation applications and small blocks used in various crafts for support purposes.
• Ferrite Arc Magnet / Segment (铁氧体磁瓦) Ferrite arc segments serving as core components of permanent magnet DC motors, widely applied in motors for household appliances, automobiles and power tools. Features excellent temperature stability and corrosion resistance with thermal stability up to 250°C.
• Ferrite Custom/Shaped Magnet (铁氧体异形) Custom irregular-shaped ferrite magnets excluding ring, disc, block and arc shapes, widely used in educational tools, water pumps, automotive evaporation systems, toys and other applications.

Quantifiable outcome

• Annual production capacity of 6,000 tons for high-performance motor magnetic tiles (万吨级)
• +4 more outcomes

Named customers19 records

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Scale indicators10 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Beijing Zhongke Sanhuan High-Tech Co., Ltd. China's largest sintered NdFeB producer (SZ:000970), competing head-to-head with Zhongke in consumer electronics, automotive EPS and energy-efficient appliance applications. Direct overlap in grade coverage and OEM customer base, but at materially larger scale.
• Ningbo Yunsheng Co., Ltd. Major Chinese producer of NdFeB and ferrite permanent magnets (SH:600366), serving audio/electroacoustic, automotive EPS, wind power and home appliance motor customers. Closest mid-to-large scale direct peer with comparable end-market mix including GoerTek-type OEMs.
• Advanced Technology & Materials Co., Ltd. Listed Chinese advanced materials company (SZ:000969) with a meaningful NdFeB and rare earth permanent magnet business serving automotive, energy and industrial customers. Backed by the China Iron & Steel Research Institute, competing for similar OEM magnet qualifications.
• Anhui Earth-Panda Advance Magnetic Material Co., Ltd. Chinese sintered NdFeB producer with comparable mid-tier scale, serving consumer electronics, automotive and industrial motor end markets. Competes directly with Zhongke for OEM magnet qualifications in China.
• Tianjin Jingxin New Materials Co., Ltd. Smaller Chinese sintered NdFeB producer competing in similar consumer electronics and motor applications. Closely comparable in scale and product mix to Zhongke, providing a direct read on small/mid-cap Chinese magnet manufacturer economics.

Broad incumbents

• Proterial, Ltd. (formerly Hitachi Metals): Global NdFeB leader (Japanese), serving automotive (especially HEV/EV), industrial motor and electronics applications with a broad specialty materials portfolio. Sets the global technical benchmark and competes with Zhongke in high-end grade categories.
• Shin-Etsu Chemical Co., Ltd. Leading Japanese NdFeB magnet producer with strong positions in automotive, consumer electronics and industrial motor markets. Competes globally with Zhongke's higher-end grades and serves many of the same tier-1 OEM customers.
• TDK Corporation: Japanese magnetic materials giant producing both ferrite and rare earth permanent magnets for automotive, electronics and industrial markets. Operates a broad components portfolio beyond magnets and competes with Zhongke across both NdFeB and ferrite product lines.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zhongke Magnetics