The production of NdFeB magnetic material in May was about 65 tons, compared with 80 tons in April, the chain fell by 19%, but slightly increased year-on-year. In the first five months of this year, the output of NdFeB magnetic material was about 400 tons, a year-on-year increase of 30%.
Our NdFeB magnetic material has an annual production capacity of 1,800 tons. It is a high-tech enterprise integrating R&D, production and sales of permanent magnet materials and their application products. The company has equipped a series of advanced equipment and instruments such as ICP spectrum splitter, performance tester, Haast test chamber, vacuum quick-setting furnace, vacuum sintering furnace, airflow mill and automatic magnetic field press with the first-class standards of domestic and foreign industry. Production, testing, and experimentation are maintained at a high level.