Hangzhou Permanent Magnet Group Co., Ltd
South Beach of 2nd Qianjiang Bridge
Hangzhou, Zhejiang 311231
Contact: William Chang, Business Development Manager
|Type of Business: ||Manufacturer, Exporter
|Certification: ||ISO 9000/9001/9004/19011, ISO 14000/14001, ISO/TS 16949, China Military Standard(GJB)
|Annual Sales Volume: ||$75M to $199M
|Export Percentage: ||41-60%
|Annual Purchasing Volume: ||$25M to $74M
|Contract Manufacturing: ||OEM Services Offered
|Ownership Type: ||Sole Proprietorship
|Registered Capital: ||$51M to $100M
|Harmonized System Codes: ||8505
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, 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 world’s biggest AlNiCo permanent magnet producer.
• 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.
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