Zhejiang nanci Industry Co., Ltd., the predecessor of Zhejiang nanci Industry Co., Ltd., was established in 1996 with a registered capital of 16.66 million yuan. The company is located in the industrial park of Nanma Town, Dongyang City, Zhejiang Province, which is known as the "land of singing, painting and water". It is only 10 minutes away from Hengdian film and Television City in the East and the exit of Dongyong Expressway in the south. The transportation is very convenient. The company is a professional production of high-grade sintered NdFeB magnetic materials research and development, design, manufacturing, sales and service as one of the national high-tech enterprises. The characteristics of magnet are Y35, Y38, N45, N48, n52, n42h, n48m, etc. With the continuous expansion of the enterprise scale, Dongyang Jinma Magnetic Industry Co., Ltd. was registered and established in 2000, and then Dongyang Huasheng Electronic Co., Ltd. was registered and established in 2008. In 2014, the company was changed into a joint stock limited company.