Nanjing Liyuan Jinxin Magnetic Material Technology Co., LTD., founded in the late 1970s, is an entity enterprise specialized in the research and development, production, management and sales of permanent magnet ferrite components, developed from the original state-owned enterprises. The company has more than 30,000 square meters of standard workshops and more advanced intelligent control production equipment, with an annual production capacity of more than 8,000 tons. The company mainly develops, produces and operates tile, ring and block magnet components of different material grades. The products are widely used in permanent magnet motors, electrical instruments, automation devices, aerospace, medical machinery, fitness equipment, mining equipment, power tools, automobiles, household appliances, motorcycles and other fields. At present, the company’s products are sold to 24 provinces and autonomous regions across the country, and has a long-term cooperation history with domestic FAW, Second Automobile, Nissan, Volkswagen, Valeo Auto Electric Co., LTD., Shanghai Songzhi Electric Co., LTD. The company has the right to import and export, 40% of the products are exported to Europe, America, Southeast Asia and Hong Kong, Macao and Taiwan regions.