Lingyi itech

What Lingyi itech does

Lingyi iTech (Guangdong) Company (领益智造) is a Chinese precision manufacturer of magnetic materials and electronic components, headquartered in Shenzhen and dual-listed on the Shenzhen Stock Exchange (002600) and the Hong Kong Stock Exchange (1688.HK). The company operates five core product lines — wet anisotropic ferrite magnets, dry anisotropic/isotropic ferrite magnets, bonded NdFeB magnets, rubber magnets, and Mn-Zn ferrite cores — at multi-billion-piece annual capacity across production bases in Jiangmen, Beijing, and Saint Pierre d'Allevard (France), with subsidiaries covering powder metallurgy, precision structural parts, and electronic functional materials R&D.

The business model is B2B OEM supply of precision components directly into the Apple, Huawei, and Samsung supply chains for smartphones, tablets, and laptops, with multi-year contract pricing. In 2025 the company reported a 42% increase in net profit to 2.6 billion yuan on 16% revenue growth, with the parent organization employing 10,000+ people globally. Certifications including IATF 16949:2016 (automotive quality), ISO 9001:2015, ISO 14001:2015, and OHSAS 18001:2007 qualify its products for regulated end markets including automotive micro-motors, IT, electric tools, and household appliances. Products are also exported to Japan, Hong Kong, Taiwan, and the United States for renowned motor manufacturers.

In 2026 the company executed a strategic pivot into AI hardware. A Beijing AI and robotics super-factory came online in April 2026 targeting 10,000 humanoid robot units annually by late 2026, and the AgiBot joint venture announced in June 2026 targets 500,000 humanoid robot units annually by 2030 across five planned facilities. A HK$8.3 billion Hong Kong IPO completed on June 26, 2026 (priced at the top of the range and up 15.9% on debut) is funding the pivot: 37.6% of proceeds are allocated to core manufacturing upgrades and 20.6% over three years to AI servers, humanoid robot hardware, and AI optical communication infrastructure. December 2025 acquisitions of stakes in Dongguan Liminda Electronic Technology and Readore Technology are extending the component portfolio beyond core magnets.

Name

Lingyi itech

Legal name

Lingyi iTech (Guangdong) Company

Website

https://jpmf.com.cn

Company type

Public

Founded year

2006

Operating status

Ipo

Headcount range

5,001–10,000 employees

Short description

Lingyi iTech is a Chinese precision manufacturer of ferrite magnets, bonded NdFeB magnets, and electronic components, supplying Apple, Huawei, and Samsung. The dual-listed firm is pivoting from consumer-electronics components into AI hardware, including humanoid robotics via its AgiBot joint venture.

Ownership category

akta.pro rank

Product category

Magnetic Materials and Precision Electronic Components Manufacturing

NAICS

Electrical Equipment Manufacturing (3353), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Other Communications Equipment Manufacturing (33429)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electrical Industrial Apparatus (3620)

akta.pro primary industry

Motor Drive & Motion Control Electronics Manufacturing Services (VFDs, servo drives, controllers) (IMAGAGAJ)

akta.pro secondary industries

Optoelectronics & Photonics (LED/Laser/Optical ICs) (HDAHAAAH), Industrial IoT/Edge Electronics Manufacturing (Gateways, Edge Controllers) (IMAGAGAC)

Keywords

• Ferrite magnet manufacturing
• Precision electronic components
• Magnetic materials production
• Consumer electronics parts
• AI hardware manufacturing

Headquarters

HQ city

Guangdong

HQ country

China

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Electronic Components Manufacturing: Manufacturing and supply of precision parts for smartphones, tablets, and laptops to Apple, Huawei, and Samsung. Core business generating 16% revenue growth and 42% net profit increase in 2025.
2. AI Hardware and Robotics: Diversification into AI servers, humanoid robot hardware, and AI optical communication infrastructure. Beijing factory operational since April 2026 targeting 10,000 humanoid robot units annually by late 2026.
3. Humanoid Robot Assembly Services: Completed over 5,000 units of humanoid robot hardware/system assembly services since beginning of the year through Lingyi Zhizao operations.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels1 record

Core offering

Lingyi iTech manufactures and supplies ferrite permanent magnets, bonded NdFeB magnets, Mn-Zn soft ferrite cores, and precision structural components for consumer electronics and automotive applications. The company operates as an embedded supplier in the Apple, Huawei, and Samsung supply chains and is expanding into AI servers, humanoid robotics hardware, and AI optical communication infrastructure.

Product overview

Lingyi iTech (Guangdong) Company operates as a precision manufacturing company offering magnetic material components and precision parts. The product portfolio includes five core magnet product lines: Wet Anisotropic Ferrite Magnets (1.4 billion pieces/year capacity), Dry Anisotropic/Isotropic Ferrite Magnets (1.5-1.6 billion pieces/year), Bonded NdFeB Magnets (100 million pieces/year), Rubber Magnets (700 million pieces/year), and Mn-Zn Ferrite Cores (3,600 tons/year). These magnetic components serve applications in automotive, IT/office equipment, electric tools, and household appliances. The company also offers powder metallurgy products, technology R&D services, and electronic device precision components through subsidiaries. The company supplies parts for smartphones, tablets, and laptops to customers including Apple, Huawei, and Samsung.

Differentiator

Problem solved

Functional benefit

Brands

• JPMF: Hard ferrite magnets, bonded NdFeB magnets, rubber magnets, Mn-Zn soft ferrite cores product line
• Jiangyi Magnetic Materials (江益磁材)

Products and services

• Wet Anisotropic Ferrite Magnets Ferrite permanent magnet components produced since 1990 with annual capacity of 1.4 billion pieces. Applied in electric home appliances, automotive, office automation equipment, and toys.
• Dry Anisotropic and Isotropic Ferrite Magnets Ferrite permanent magnet components produced since 1978 (isotropic) and 1984 (anisotropic) with annual capacity of 1.5-1.6 billion pieces. Used in electric tools, household appliances, automobiles, and toys.
• Bonded NdFeB Magnets Bonded neodymium iron boron permanent magnets produced since 1998 with annual capacity of 100 million pieces. Specializes in small, thin products such as magnetic tiles and rings. Applied in household appliances, electric tools, and office equipment.
• Rubber Magnets Anisotropic and isotropic rubber ferrite permanent magnets produced since 1991 with annual capacity of 700 million pieces. Used in computer cooling fan motors, air conditioner motors, printer drives, children's toys, office supplies, and household appliances.
• Mn-Zn Ferrite Cores Manganese-zinc soft ferrite cores with annual production capacity of 3,600 tons. Applied in switching power supplies, telecommunications, household appliances, and EMI suppression.
• Powder Metallurgy Products Powder metallurgy products, auto parts, home appliances, and related new materials produced by Guangdong Nbtm New Materials Co., Ltd.
• Electronic Device Precision Components Precision structural components for smartphones, digital cameras, and laptops. Includes high-precision mold R&D, injection molding, and surface treatment services, provided by Shenzhen Oriental Precision Technology Co., Ltd.
• Technology Research and Development Services R&D services for electronic functional materials, magnetic materials, and related components, provided by JPMF (Wuhan) Technology Development Co., Ltd.

Quantifiable outcome

• 42% net profit increase in 2025 to 2.6 billion yuan on 16% revenue growth
• +2 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• AgiBotcoreStrategic or Co-development Partner · 26 June 2026Joint venture for humanoid robot manufacturing targeting 500,000 units annually by 2030 across five facilities; significant strategic pivot from traditional electronics components to AI robotics

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• TDK Corporation: Tokyo-listed (6762) diversified electronic components giant covering ferrite, neodymium magnets, sensors, and increasingly EV/robotics components. A broad incumbent competing with Lingyi iTech across multiple product lines and emerging AI/humanoid applications.
• Shin-Etsu Chemical Co., Ltd. Tokyo-listed (4063) global leader in rare-earth magnets, semiconductor silicon and PVC. Operates as a broad incumbent across the global magnetic materials market, including NdFeB grades used in EV motors and humanoid robot actuators where Lingyi iTech is positioning.
• Proterial (formerly Hitachi Metals): Tokyo-listed (5486) major producer of NdFeB magnets and soft ferrite materials (FINEMET, METGLAS) used in motors, transformers and electronics. Global incumbent competing with Lingyi iTech in high-grade NdFeB and Mn-Zn soft ferrite segments.

Direct peers

• Tianjin Tieli Magnetic Industry Co., Ltd. Chinese ferrite and rare-earth magnetic materials producer with comparable application focus in motors, home appliances and consumer electronics. Less globally visible than DMEGC/Zhongke Sanhuan but a relevant domestic direct peer to Lingyi iTech's core magnet business.
• Hengdian Group DMEGC Magnetics: One of China's largest ferrite magnet producers (Shenzhen-listed 002056), directly competing with Lingyi iTech's JPMF/Jiangyi business across wet/dry anisotropic ferrite magnets for motors, appliances and consumer electronics. Most direct Chinese competitor in core ferrite segment.
• Luxshare Precision Industry: Shenzhen-listed (002475) major Apple supplier in precision components, connectors and increasingly AI server assembly. Closest comparable in terms of customer overlap (Apple), B2B OEM model, and pivot toward AI hardware — but larger and broader in scope.
• Beijing Zhongke Sanhuan High-Tech: Shenzhen-listed (000970) Chinese leader in sintered and bonded NdFeB rare-earth magnets, directly competing with Lingyi iTech's bonded NdFeB magnet line. Overlap in motor, electronics and emerging EV/humanoid-robot actuator applications.
• Goertek Inc. Shenzhen-listed (002241) Chinese EMS/ODM with deep Apple AirPods and acoustics exposure, expanding into VR/AR and AI hardware. Comparable OEM-embedded business model and consumer electronics customer overlap with Lingyi iTech.
• Sunway Communication Co., Ltd. Shenzhen-listed (300136) Chinese precision components supplier to Apple, Huawei and Samsung for smartphones — direct customer overlap with Lingyi iTech and similar B2B precision-manufacturing model, though narrower product portfolio.
• Ningbo Yunsheng Co., Ltd. Shanghai-listed (600366) Chinese magnetic materials producer covering NdFeB and ferrite magnets, comparable product breadth to Lingyi iTech's combined ferrite + NdFeB portfolio. Competes for OEM magnet sockets in consumer electronics and automotive.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries10 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments2 records

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

Frequently asked questions about Lingyi itech