Sinosteel Anhui Tianyuan Technology

What Sinosteel Anhui Tianyuan Technology does

Sinosteel Anhui Tianyuan Technology (SZSE: 002057) is a central state-owned listed company controlled by China Baowu Steel Group through China Sinosteel Group, headquartered in Maanshan, Anhui Province. Founded in 2002 and listed on the Shenzhen Stock Exchange in 2006, the company operates five integrated business segments: magnetic materials (its core focus, including ferrite permanent magnets, battery- and electronic-grade manganese trioxide, sintered NdFeB magnets, and magnetic powder cores), elastic materials (spring steel wires), inspection and testing services, organic chemicals, and mining/industrial equipment. Production assets are distributed across Maanshan (HQ), Changsha, Zhengzhou, and Nanjing, with stated annual capacities of approximately 35,000 tons of battery-grade manganese trioxide, 20,000 tons of permanent ferrite magnet steel, and 2,000 tons of sintered NdFeB magnets.

The company sells to enterprise OEM customers across automotive (new energy vehicles, motors, starter motors, fuel pumps, wiper motors, glass lifters), home appliances (variable-frequency air conditioners, washing machines, refrigerators), new energy battery materials (lithium battery precursors), mining and metallurgy (roller mills, magnetic separators, tower mills), and emerging verticals such as industrial/humanoid robotics, elevators, drones, and low-altitude economy motors. Commercial activity is conducted via direct B2B sales with quote-based pricing that is not publicly disclosed; the company supplements this with trade show presence (e.g., China International Supply Chain Promotion Expo) and PR/media coverage. Revenue is hardware-driven across all five segments, supplemented by professional services revenue from the National Metal Products Quality Inspection and Testing Center, which holds authorization for over 1,700 testing parameters across 3,000+ standards.

The company operates an unusually dense R&D infrastructure for a mid-cap industrial issuer, including 8 national-level innovation platforms (e.g., National Enterprise Technology Center, National-Local Joint Engineering Research Center for Magnetic Materials and Application Technology, postdoctoral workstation) and 15 provincial-level platforms, with 600+ R&D personnel, 600+ valid patents, and leadership roles in multiple national/industry standards plus 1 international standard. It holds designations including National-Level Specialized "Little Giant" SME, National Technology Innovation Demonstration Enterprise, and has been consecutively recognized by SASAC as an outstanding enterprise in the Science and Technology Reform Demonstration Action.

Name

Sinosteel Anhui Tianyuan Technology

Legal name

中钢天源股份有限公司 (Sinosteel Tianyuan Co., Ltd.)

Website

https://ty-magnet.com

Company type

Public

Founded year

2002

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Sinosteel Anhui Tianyuan Technology (SZSE: 002057) is a central state-owned enterprise-controlled Chinese manufacturer specializing in magnetic materials (ferrite, Mn3O4, NdFeB), serving automotive, home appliance, new energy vehicle, industrial robot, and mining equipment OEMs through direct B2B sales.

Ownership category

akta.pro rank

Product category

Magnetic Materials Manufacturing

NAICS

Electrical Equipment Manufacturing (3353)

SIC

Electronic Coils, Transformers & Other Inductors (3677)

akta.pro primary industry

Transformers & Magnetics (Power/Signal) (HDAHANAD)

akta.pro secondary industries

Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI), Passive Components (Resistors, Capacitors, Inductors, Ferrites) (IMAGAJAA)

Keywords

• Permanent ferrite magnets
• Neodymium iron boron magnets
• Manganese trioxide materials
• Metal products testing
• Mining equipment manufacturing

Headquarters

HQ city

Maanshan

HQ country

China

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. 磁性材料产业 (Magnetic Materials): 核心业务板块，包括铁氧体、四氧化三锰、钕铁硼、磁粉芯等产品的研发、生产和销售
2. 弹性材料产业 (Elastic Materials): 弹簧钢丝、异型钢丝、紧固件用冷镦钢丝、不锈钢丝和钢丝绳等金属制品
3. 检验检测产业 (Inspection and Testing): 国家金属制品质量检验检测中心提供检测服务，覆盖多个行业
4. 有机化工产业 (Organic Chemical): 电子、光学和医药中间体的开发和生产
5. 装备制造产业 (Equipment Manufacturing): 辊压机、磁选设备、塔磨机等矿山装备的研发制造

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Sinosteel Anhui Tianyuan Technology is a central-enterprise controlled manufacturer of magnetic and related materials. Its core products include permanent ferrite magnets, battery-grade and electronic-grade manganese trioxide (Mn3O4), sintered neodymium iron boron (NdFeB) magnets, magnetic powder cores, spring steel wires, organic chemical intermediates, and mining equipment such as high-pressure roller mills, magnetic separators, and tower mills. It also operates the National Metal Products Quality Inspection and Testing Center, providing accredited inspection services across multiple industries.

Product overview

Sinosteel Anhui Tianyuan Technology (中钢天源股份有限公司) is a central enterprise-controlled listed company (stock code: 002057) focused on new materials manufacturing. The company operates five core business segments: (1) Magnetic Materials - including ferrite permanent magnets, electronic/battery-grade manganese trioxide (Mn3O4), sintered NdFeB magnets, and magnetic powder cores; (2) Elastic Materials - spring steel wires and related products; (3) Inspection and Testing Services - through the National Metal Products Quality Inspection and Testing Center; (4) Organic Chemical Products - electronic, optical, and pharmaceutical intermediates; (5) Equipment Manufacturing - mining equipment including high-pressure roller mills, magnetic separators, and tower mills. The magnetic materials segment is the company's primary focus, serving automotive, home appliance, new energy vehicle, industrial robotics, and mining industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Permanent Magnet Ferrite (Permanent Ferrite Magnets) Permanent ferrite magnets produced at performance levels comparable to Japanese TDK FB5, FB6, FB9, FB12 and FB13 series. Used as the core rotor component in DC brushless variable-frequency motors for automotive starters, fuel pumps, wiper motors, window lift motors, seat motors, refrigerator compressors, variable-frequency air conditioning and washing machine motors.
• Battery-grade Manganese Trioxide (Mn3O4) Battery-grade manganese trioxide is the key precursor for lithium battery cathode materials, primarily used to produce lithium manganate, lithium iron manganophosphate and other mainstream lithium battery materials. Annual production capacity exceeds 35,000 tonnes, leading the domestic market.
• Electronic-grade Manganese Trioxide (Mn3O4) Electronic-grade manganese trioxide is an important raw material for manufacturing manganese-zinc soft magnetic ferrites; also used in paint coatings, optical glass and thermosensitive resistors. Annual production capacity reaches 25,000+ tonnes.
• Sintered NdFeB Magnets High-performance sintered neodymium iron boron magnets for servo motors, elevator tractor machines, new energy vehicle drive motors, variable frequency compressors, robot joints, low-altitude economy and drones. Grades offered include 35SH-45SH, 35UH-42UH, 35EH-40EH and 38EH. High corrosion resistance, temperature resistance, and high magnetic energy product stability.
• Multi-pole Ring Magnet (Sintered NdFeB Multi-stage Magnetic Ring)

Quantifiable outcome

• 电池级四氧化三锰年产能35000吨以上，国内领先
• +2 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• 浙江大学 (Zhejiang University)coreStrategic or Co-development Partner依托浙江大学和省级磁性材料研发中心进行钕铁硼等磁性材料的联合研发和技术合作

Scale indicators10 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• TDK Corporation: Japanese electronic components incumbent with globally leading ferrite magnet and NdFeB magnet product lines (FB series, referenced in Sinosteel Tianyuan's product benchmark comparisons) — overlapping technology and direct performance benchmark.
• Arnold Magnetic Technologies: US/global manufacturer of magnetic materials and assemblies including NdFeB, ferrite, and magnetic powder cores — overlapping magnetic materials product lines targeting motor and industrial applications.
• Proterial, Ltd. (formerly Hitachi Metals): Japanese magnetics incumbent producing high-grade NdFeB magnets and soft magnetic materials for automotive, industrial, and electronics applications — overlapping NdFeB/ferrite product technology.
• Shin-Etsu Chemical Co., Ltd. Major Japanese producer of rare-earth NdFeB magnets with vertically integrated rare-earth supply chain — overlapping NdFeB product offering and global magnet-market presence.

Emerging players

• Earth-Panda Advance Magnetic Material Co., Ltd. Specialized sintered NdFeB magnet manufacturer focused on NEV motors — overlapping end-customer segment and emerging competitor in the same magnet market.

Direct peers

• Hengdian Group DMEGC Magnetics: Diversified magnetic materials manufacturer producing ferrite and NdFeB magnets for motors, plus lithium battery materials — most comparable peer across both ferrite and NdFeB product lines.
• Ningbo Yunsheng Co., Ltd. Chinese manufacturer of sintered NdFeB magnets for wind power, NEV, and consumer electronics motors — overlapping NdFeB product portfolio and customer base.
• JL MAG Rare-Earth Co., Ltd. China-listed sintered NdFeB permanent magnet specialist serving wind power, NEV drive motors, and energy-efficient home-appliance motors — directly comparable product category and end-customer overlap.
• Zhongke Sanhuan (Beijing Zhongke Sanhuan High-Tech Co.): Long-standing Chinese sintered NdFeB magnet manufacturer serving NEV, home appliances, and industrial motors — overlapping magnetic materials product portfolio and B2B enterprise sales model.
• Zhenghai Magnetic Material Co., Ltd. Sintered NdFeB magnet producer focused on NEV drive motors and energy-efficient appliances — directly competes in the same NdFeB magnet market segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sinosteel-anhui-tianyuan-technology-co-ltd-

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries7 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 Sinosteel Anhui Tianyuan Technology