Cixi Pengcheng Magnetic Steel Co., Ltd. is a large-scale enterprise specializing in the research and development and production of rare earth magnetic materials - sintered NdFeB and sintered samarium cobalt. The factory is located in Hangzhou Bay New Area - Cixi, adjacent to Shanghai, with convenient transportation.

The annual output of Neodymium (NdFeb) Magnet materials is 2000 tons. The product performance can reach N52, 50M, 50H, 45SH, 40UH, 40EH, 5AH. High-intensity magnets of NdFeB are widely used in computers, communications, medical equipment, electrical machinery, automation control and other high-tech fields and daily life fields. Magnets of different shapes and performances can be produced according to the needs of customers.