Market Profile
　　With the development of electronic and electrical industry, China has become 　　
　　the largest production and consumption country in magnetic materials. In
　　telecommunication industry, billions of cell phones need Ferrite Microwave
　　Absorbent devices, Soft Magnetic Ferrite and Permenent Magnetic Cells, and
　　telephone and SPC exchange also need a large amount of magnetic devices.
　　Every year, hundreds of billions of magnetic materials are demanded in the
　　industry sectors such as IT, auto, electrical, lighting, automobile, toy, electric
　　kitchenware. Just the annual sales of permanent magnetic materials can reach
　　over 10 billion US dollars.

Due to the development of manufacturing and Hi-tech industries in Pearl River
　　Delta,  which centers on Shenzhen and where also gathers a great many
　　overseas producing and processing zones, a large demand of magnetic
　　materials emerged accordingly.