Our Corporate History
Original specialization in cutting and machining of magnetic materials
Corporate restructuring and new investments / shareholdings
We focus both on domestic and oversea market, our magnetic materials have gone to export USA.
Re-naming the company into Hangseng(Ningbo) Magnetech Co.,Ltd.
Due to customer demand, we began to focus on the production of magnetic assemblies.
Establishment of Research & Development Department
Establishment of branch offices in Ningbo,
For the first time the amount of exports over five million dollars
Establishment of Testing Center with state-of-the-art equipment
Purchase of a number of test instruments and equipment
First production of multipolar sintered radial ring magnet and bonded magnets
Founded four sales business unit, sales department of permanent magnet, sales department of magnetic assemblies, sales department of magnetic tools, sales department of motor magnets.
We established a network marketing department, responsible for the company’s e-commerce operation
Integration of the company’s network of sales channels
We improve our quality system and service system.
We offer 24-hour service, improve our overall level of service
We integrate the resources of our retail customers, and set up our retail B2C department. Guys, we can accept the PAYPAL collection this year.
Our company has perfected the network architecture of our social media, and has demonstrated our products and our corporate image in social media.
Upgrade the product production line.
The company moved to a new office, located in the New Eastern of Ningbo City.