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Hangzhou Permanent Magnet Group was founded in 1980, it is, what is known as a “National key high-tech Enterprise” involved in the research and development, production and sales of magnetic materials and devices. In short we cover every aspect.

With a registered capital of 100 million yuan, HPMG covers an area of 120.000 square meters, with a total staff of 1000 including more than 250 engineers. Annual turnover in 2011 was 120 M USD and was the wo-

rld’s biggest AlNiCo permanent magnet producer.

Key Figures:

·  The annual output of AlNiCo magnet is 1500tons, accounting for 30% of world production.

·   Annual output of sintered NdFeB is 2000 tons.

·   Annual Output of sintered SmCo permanent magnet is 800tons.

·   Annually we make over a hundred million of magnetic devices.