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Yuxiang magnetic material industry Co.,Ltd.,which mainly produces and develops sintered and bonded Nd-Fe-B permanent magnet materials,Smco permanent magnet materials and related equipment,Established in the year of 1996,it has soon developed into a sound organization,which includes Sintered Nd-Fe-B Permanent Magnet Material Plant, Smco permanent magnet Material plant, Magnet Assembly plant, NdFeb Magnet Applied Technology Developing Co.,Ltd.NdFeB Precise Machinery Co.,Ltd. and Smco Magnet Engineering Research Institute. Furthermore, it has built a magnet material production base in Baotou,the hometown of rare earth resources in China.

As a result of improved technology and strengthened administration, the company attained certificates of domestic and ISO9001 Quality System in July,1998.The ISO9001 certificate further passed the re-examination on August,2001.Up till now,the company has possessed more than 10 patents such as casting crystallizer and technology under magnetic field,and it can offer you high energy magnets such as N48,N45, 42M,42H, 40SH,etc..At present, the company has become one important bases for production and sales of Nd-Fe-B and Smco magnets,with an annual capacity of 2000 tons sintered Nd-Fe-B magnets,300 tons bonded Nd-Fe-B magnets and 500 tons Alnico magnets.

On Oct 5,2001,the company signed a patent License Agreement regarding the manufacture and sales of Nd-Fe-B type anisotropic sintered magnets with Sumitomo Special Metals Co.,Ltd.,thus became a legal manufacturer and seller of patent products in North American and European markets.