China dominates the global neodymium (NdFeB) magnet industry, producing over 85% of the world’s supply. These magnets are essential for electric vehicles, wind turbines, industrial automation, consumer electronics, and aerospace technologies.
In 2025, leading Chinese manufacturers are combining large-scale production capacity, cutting-edge R&D, and OEM customisation to serve clients worldwide.
This guide lists the Top 10 Neodymium Magnet Manufacturers & Suppliers in China, highlighting their products, capabilities, and key strengths.
List of Top 10 Neodymium Magnet Manufacturers and suppliers in China
- 1. Mainrich Magnets
- 2. ND Tongchuang Magnets
- 3. Jiangmen Maxwell Magnet Industry Co., Ltd.
- 4. Ningbo Yunsheng Co., Ltd.
- 5. JL Mag Rare-Earth Co., Ltd.
- 6. Hangzhou Tengye Magnetic Materials Co., Ltd.
- 7. Hangzhou Permanent Magnet Group Co., Ltd. (HPMG)
- 8. Jingci Material Science Co., Ltd.
- 9. ZHAOBAO Magnet
- 10. Baotou Tianhe Magnetics Technology Co., Ltd.
1. MainRich Magnets
Website: mainrichmagnets.com
Year Founded: 1990s
Headquarters: China (with substantial operations in the U.S.)
Company Type: Manufacturer & Global OEM Supplier
Main Products:
Motor-Grade Magnets
Samarium Cobalt Magnets
- Ferrite Magnets (isotropic & anisotropic)
Company Profile:
MainRich Magnets is a global leader in advanced magnet manufacturing, with substantial operations in the United States supporting local engineering, logistics, and customer service. With over three decades of experience, MainRich specializes in high-performance NdFeB magnets and rare earth components for demanding applications in industrial automation, electric vehicles, and robotics.
The company stands out for its ability to deliver custom-engineered magnetic solutions at scale—combining cost-effective production with responsive support that meets the needs of OEMs and system integrators across North America.
Key Characteristics:
Engineering Collaboration: From concept to production, full custom design support.
Scalable & Competitive: Global manufacturing meets tight tolerances and timelines.
2. ND Magnets (Ningbo Tongchuang Magnetic Materials Co., Ltd.)
Website: https://www.ndmagnets.com
Year Founded: 2004
Headquarters: Ningbo, Zhejiang, China
Company Type: Manufacturer
Main Products:
Sintered NdFeB Magnets
Laminated NdFeB Magnets
Radial Oriented Ring Magnets
Magnetic Assemblies/Systems
Company Profile:
ND Magnets runs a ~158,700 m² facility with ~10,000-ton annual capacity. Patented processes drive stability and consistency for motors, wind, electronics, and automotive.
Key Characteristics:
Patented Technology: Advanced sintering/lamination.
High Output: Suited for long-term programs.
Sector Diversity: Energy, transport, electronics.
3. Jiangmen Maxwell Magnet Industry Co., Ltd.
Website: https://www.jmmw.com.cn/
Year Founded: 2012
Headquarters: Jiangmen, Guangdong, China
Company Type: Manufacturer (Injection-Molded/Plastic-Bonded Magnet Specialist)
Main Products:
Injection-molded (plastic-bonded) magnets
Overmolded magnetic components & assemblies
Custom tooling and molding for automotive & appliance applications
Company Profile:
Maxwell specializes in injection plastic magnets for automotive, home appliance, and industrial uses. The company operates a 12,000 m² plant with 40+ automatic injection molding machines, ~900T annual output, and 130+ staff (≈30% engineering/QA). Certified to IATF 16949:2016 and ISO 14001, Maxwell integrates in-house mold design, build, and mainten
Key Characteristics:
Automotive-Grade Quality: IATF 16949, ISO 14001 compliant.
In-House Tooling: Full mold design & maintenance capabilities.
Focused Expertise: Injection magnet specialist with Japan/Germany equipment.
4. Ningbo Yunsheng Co., Ltd.
Website: http://www.yunsheng.com/en/
Year Founded: 1995
Headquarters: Ningbo, Zhejiang, China
Company Type: Manufacturer
Main Products:
NdFeB Magnets
SmCo Magnets
Ferrite Magnets
Magnetic Assemblies
Company Profile:
A high-tech leader with ~21,000-ton annual capacity and multiple sites. Supplies automotive, renewable energy, and automation applications.
Key Characteristics:
Large Capacity: Suited for global OEMs.
Innovation Focus: Ongoing R&D and materials work.
Multi-Industry: Broad application expertise.
5. JL Mag Rare-Earth Co., Ltd.
Website: http://www.jlmag.com.cn/en/
Year Founded: 2008
Headquarters: Ganzhou, Jiangxi, China
Company Type: Manufacturer (Publicly Listed)
Main Products:
Sintered NdFeB Magnets
Molded Magnets
Magnetic Assemblies
Company Profile:
Dual-listed (SZ & HK), JL MAG is a key supplier to EV and wind industries, with emphasis on high-performance grades and stable quality.
Key Characteristics:
Public Company: Transparency and scale.
EV Specialist: Tier-one programs.
Advanced Processing: Precision molding/sintering.
6. Hangzhou Tengye Magnetic Materials Co., Ltd.
Website: http://www.tengye-magnetic.com
Year Founded: 1992
Headquarters: Hangzhou, Zhejiang, China
Company Type: Manufacturer
Main Products:
Sintered NdFeB Magnets
Magnetic Assemblies
Custom Engineered Magnets
Company Profile:
ISO-certified, engineering-first supplier serving aerospace, e-motors, and medical with tailored designs.
Key Characteristics:
ISO Compliance: Documented QA systems.
Customization: DFM/DFX support.
High-Tech Focus: Precision applications.
7. Hangzhou Permanent Magnet Group Co., Ltd. (HPMG)
Website: http://chinahpmg.com
Year Founded: 1980
Headquarters: Hangzhou, Zhejiang, China
Company Type: Manufacturer
Main Products:
NdFeB Magnets
SmCo Magnets
AlNiCo Magnets
Magnetic Assemblies
Company Profile:
One of China’s longest-standing magnet brands, with multi-material expertise for transportation, energy, and defense.
Key Characteristics:
Decades in Market: Deep process know-how.
Global Exports: Broad customer base.
Material Breadth: NdFeB, SmCo, AlNiCo.
8. Jingci Material Science Co., Ltd.
Website: https://www.bjmt.com.cn
Year Founded: 2003
Headquarters: Beijing, China
Company Type: Manufacturer
Main Products:
Sintered NdFeB Magnets
Rare Earth Permanent Magnets
Company Profile:
Produces environmentally considerate, high-performance magnets for automotive, energy, and consumer electronics.
Key Characteristics:
Eco-Focused: Compliance and cleaner processes.
Auto-Grade: Tight QA standards.
Consistency: Rigorous batch control.
9. ZHAOBAO Magnet
Website: http://www.zhaobao-magnet.com/
Year Founded: 1999
Headquarters: Ningbo, Zhejiang, China
Company Type: Manufacturer
Main Products:
NdFeB Magnets
Motor Magnets
Custom Magnet Assemblies
Company Profile:
Known for tight-tolerance motor magnets used in robotics, wind, and medical.
Key Characteristics:
Motion Systems: Strong motor focus.
Export-Ready: Established overseas shipping.
Precision: Advanced machining/QA.
10. Baotou Tianhe Magnetics Technology Co., Ltd.
Website: http://www.thmagnet.com/english/
Year Founded: 2000
Headquarters: Baotou, Inner Mongolia, China
Company Type: Manufacturer
Main Products:
High-performance NdFeB Magnets
Rare Earth Materials
Company Profile:
Leverages proximity to rare-earth resources for cost-effective, high-grade NdFeB supplying both domestic and export markets.
Key Characteristics:
Resource Advantage: Stable raw material chain.
Value Pricing: Competitive cost structure.
Dual Market: China + international.
FAQ – Sourcing Neodymium Magnets from China
Why source NdFeB magnets from China?
What is the difference between rare earth and ceramic magnets?
Why is reshoring magnet manufacturing important?
Can I order small-batch or custom magnets for prototypes?
How do I choose the right magnet manufacturer for my project?
Consider factors like material expertise, custom engineering capability, compliance requirements, lead time, U.S. support presence, and production scale.
For more info, check out this magnet buyers bible
