What DMEGC does

DMEGC operates as the European commercial arm (DMEGC Germany GmbH, established October 2008 in Offenbach am Main) of DMEGC Magnetics Co.Ltd, a Chinese publicly listed manufacturer (stock code 002056) founded in 1980 in Hangzhou that self-describes as the world's largest manufacturer of magnetic materials with 18,000+ employees and 40+ years of operating experience. The product portfolio spans ferrite magnets (segment, ring, square, dry-pressed/special-shaped), soft magnetic materials (MnZn and NiZn ferrite cores, powder cores, nanocrystalline, magnetic sheets), sintered NdFeB magnets, bonded/rubber magnets, assembly components (motors, inductors, 5G RF devices, wireless charging modules), 18650 and 21700 lithium-ion cells, and a home energy storage system (ESS) line (H01, L01, L02, M01). A framed solar module was introduced in December 2025, extending the line into finished solar products. Underlying process technology centers on proprietary rare-earth optimization methods—GBD (Grain Boundary Diffusion), HRE (Heavy Rare Earth) reduction, and Ce Replacement—designed to cut Dy/Tb consumption while preserving magnetic performance, complemented by NdFeB surface coatings (Ni, Ni-Cu-Ni, Zn, epoxy) for corrosion resistance.

The German subsidiary is led by Managing Director (Geschäftsführer) Gu Ying and operates a B2B direct enterprise sales model targeting OEMs in automotive, consumer electronics, new energy vehicles, renewable energy, and industrial manufacturing. Pricing is quote-based and not publicly disclosed, with long-cycle supplier qualifications typical for automotive and industrial customers. DMEGC markets primarily through industry trade exhibitions (PCIM, Battery Show Europe, Eurobike, EICMA, CWIEME, Electronica, Battery Experts Forum) with regional technical managers presenting to target markets. Customer-validation evidence includes the Bosch Asia Pacific Best Supplier 2022 award, the Bosch 2021-2022 Global Best Supplier Award, the Borgwarner Best Cooperation Partner Supplier 2023 award, and the EcoVadis Silver Medal (top 15% globally). The firmographic employee count of 1-10 applies to the German subsidiary and is not representative of the parent's scale; the parent operation is the substantive business under analysis.

Name

DMEGC

Legal name

DMEGC Germany GmbH

Website

https://dmegc.de

Company type

Public

Founded year

1980

Operating status

Operating

Headcount range

1–10 employees

Short description

DMEGC Magnetics Co.Ltd, a Chinese publicly listed manufacturer (stock code 002056) founded in 1980, is the world's largest producer of magnetic materials, employing 18,000+ people and serving automotive, consumer electronics, new energy vehicles, and renewable energy customers via its DMEGC Germany GmbH European subsidiary.

Ownership category

akta.pro rank

Product category

Magnetic Materials and Battery Manufacturing

NAICS

Electrical Equipment Manufacturing (33531), Battery Manufacturing (33591), Other Electrical Equipment and Component Manufacturing (3359)

SIC

Electronic Components & Accessories (3670), Electronic Coils, Transformers & Other Inductors (3677)

akta.pro primary industry

Passive Components (Resistors, Capacitors, Inductors, Ferrites) (IMAGAJAA)

akta.pro secondary industry

Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB)

Keywords

• Permanent magnet manufacturing
• Rare earth magnets
• Ferrite magnets
• Lithium-ion batteries
• Energy storage systems

Headquarters

HQ city

Offenbach

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Magnetic Materials Sales: Manufacturing and sale of ferrite magnets, NdFeB magnets, soft magnetic materials, bonded magnets, and assembly components
2. Lithium-ion Batteries and ESS: Production and sale of 18650 and 21700 lithium-ion batteries, and energy storage systems (ESS) for home and industrial applications

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

DMEGC manufactures and sells permanent magnetic materials including ferrite magnets (segment, ring, square, and dry-pressed shapes), sintered NdFeB rare-earth magnets, soft magnetic materials (MnZn and NiZn ferrite cores, powder cores, nanocrystalline, magnetic sheets), bonded magnets, and assembled components such as inductors, motors, and wireless charging modules. The company also produces cylindrical lithium-ion cells (18650 and 21700) and home energy storage systems (H01, L01, L02, M01) for residential applications. Customers are primarily automotive, consumer electronics, new energy vehicles, renewable energy, and industrial manufacturers.

Product overview

DMEGC (Dongmei Magnetic Materials Corporation) is a Chinese publicly listed company (Stock Code: 002056) and the world's largest manufacturer of magnetic materials, established in 1980 with 18,000+ employees. The company operates as a one-stop magnetic solution provider offering a comprehensive product portfolio that includes: (1) Ferrite Magnets (segment, ring, square magnets for motors and consumer electronics), (2) Soft Magnetic Materials (MnZn and NiZn ferrite cores for transformers and inductors), (3) NdFeB Magnets (sintered rare earth magnets with GBD and HRE technologies for high-performance applications), (4) Bonded Magnets (rubber magnetic sheets and components), (5) Assembly products (motors, inductors, wireless charging modules), (6) Lithium-ion Batteries (18650 and 21700 cylindrical cells for power tools and energy storage), and (7) ESS Home Batteries (H01, L01, L02, M01 for residential energy storage). The company serves automotive, consumer electronics, renewable energy, and industrial sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Ferrite Magnet Permanent ferrite magnets available in segment, ring, square, and dry-pressed/special-shaped forms, used in motors, speakers, washing machines, fans, and micro motors for industrial and consumer applications.
• Soft Magnetic Material Soft magnetic materials including MnZn power ferrite, MnZn high-permeability ferrite, NiZn ferrite cores, powder cores, nanocrystalline, and magnetic sheets used in transformers, inductors, and power electronics applications.
• Assembly Components Assembled components including hard alloy (tungsten/cemented carbide) parts, inductors, motors, 5G RF devices, electromagnetic actuators, caps, wireless charging modules, and motor housing components for industrial and electronics customers.
• Bonded Magnet Bonded magnets including rubber magnetic sheets, extruded magnetic strips, motor magnetic strips, sensor magnetic rings, pump rotors (15-200W), overmolding components, magnet rings, and rotor components for sensors, motors, and pumps.
• NdFeB Magnet Sintered NdFeB rare-earth permanent magnets offering high residual flux density, magnetic energy density, and coercive field strength, incorporating proprietary GBD and HRE technologies for high-performance applications requiring strong magnetic output in compact sizes.
• Cylindrical Lithium-ion Battery Cells (18650/21700) Cylindrical lithium-ion cells in 18650 and 21700 formats across power-series variants offering 2000-3000mAh capacity, fast charging up to 6A, continuous discharge up to 20A, low-temperature operation, and 500+ cycle life, used in power tools, garden tools, AGVs, and energy storage applications.
• Home Energy Storage Systems (ESS) Residential energy storage systems comprising H01, L01, L02, and M01 Home Battery products for home solar self-consumption, backup power, and energy management applications.
• Framed Solar Module Framed photovoltaic solar module weighing 7.5 kg/m² for solar energy applications, targeted at European and MENA markets through DMEGC's regional technical team.

Quantifiable outcome

• Top 29% market share among top 5 players in permanent magnet ferrite market (2025)
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• BoschcoreStrategic or Co-development PartnerDMEGC has been a long-term strategic supplier to Bosch, winning multiple supplier awards including Bosch Asia Pacific Best Supplier 2022 and Bosch 2021-2022 Global Best Supplier Award for outstanding performance in product quality, supply, and services.
• BorgwarnercoreStrategic or Co-development PartnerDMEGC was awarded Best Cooperation Partner Supplier 2023 by Borgwarner, indicating a strong strategic partnership for supply of magnetic materials and components.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• TDK Corporation: TDK is a large Japanese electronics conglomerate with a substantial ferrite magnet and soft magnetic materials business alongside a wider electronics and energy portfolio. Comparable to DMEGC on ferrite and soft magnetic materials but operates as a broader components incumbent rather than a magnet specialist.
• Contemporary Amperex Technology (CATL): CATL is the world's largest lithium-ion battery maker and a major producer of cylindrical cells and ESS solutions. Comparable to DMEGC's lithium-ion battery and ESS business, though with vastly larger scale and deeper chemistry IP.

Emerging players

• Eclipse Magnetics: Eclipse Magnetics is a UK-based manufacturer of magnetic assemblies, separators and magnetizing equipment serving industrial customers. Smaller-scale, niche peer to DMEGC's Assembly and Bonded Magnet product lines in Europe.
• Bunting Magnetics Company: Bunting Magnetics is a US/UK manufacturer of magnetic assemblies, separators and magnetic products for industrial and recycling applications. Smaller niche competitor to DMEGC's bonded magnets and magnetic assembly businesses, primarily in industrial vertical markets.

Direct peers

• Shin-Etsu Chemical: Shin-Etsu Chemical is the largest Japanese NdFeB magnet producer and a major global supplier of rare earth permanent magnets for EVs, wind turbines and electronics. Competes head-to-head with DMEGC in sintered NdFeB, particularly for automotive and renewable energy customers.
• Arnold Magnetic Technologies: Arnold Magnetic Technologies is a US-based precision magnetic materials and assemblies company producing NdFeB, SmCo, AlNiCo and soft magnetic components. Comparable to DMEGC on specialized magnetic components and assembly products for industrial and aerospace customers.
• Proterial (formerly Hitachi Metals): Proterial (rebranded from Hitachi Metals in 2023) is one of the world's leading NdFeB magnet producers under the NEOMAX brand, serving automotive traction motors, electronics and industrial applications. Directly comparable to DMEGC on rare earth permanent magnets, grain boundary diffusion technology and Tier-1 automotive customer base.
• VACUUMSCHMELZE (VAC): VAC is a German-based specialty manufacturer of magnetic materials including NdFeB, SmCo and soft magnetic alloys for automotive, industrial and energy applications. Directly comparable to DMEGC on European customer access, NdFeB permanent magnets and soft magnetic components for power electronics.
• Beijing Zhongke Sanhuan (Zhongke Sanhuan): Zhongke Sanhuan is a leading Chinese listed producer of sintered NdFeB magnets, serving automotive, wind power and consumer electronics customers. Closest Chinese listed peer to DMEGC's NdFeB business, competing for the same Tier-1 automotive programs and renewable energy demand.
• Ningbo Yunsheng Magnetic Materials: Ningbo Yunsheng is a Chinese specialty magnet producer with strong positions in sintered NdFeB and bonded magnets for motors, sensors and consumer electronics. Direct competitor to DMEGC in both NdFeB and bonded magnet categories, particularly for motor and sensor applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/dmegc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 DMEGC