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Industrials · Electrical Equipment & Parts

Baotou INST Magnetic New Materials Co., Ltd.

Chinese maker of rare earth permanent magnet components and devices

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What Baotou INST Magnetic New Materials does

Baotou INST Magnetic makes parts built from rare earth permanent magnets, which are very strong magnets. It sells both single magnets and multi-part magnetic components that go into electric motors, consumer electronics and cars. It sells in China and abroad.

How Baotou INST Magnetic New Materials makes money

The company makes money mainly by making rare earth magnet devices and components and selling them to makers of motors, consumer electronics and automotive products. It also earns some revenue from selling rare earth functional materials, electroplating work, and import and export trade.

Products & services

Sector Industrials Industry Electrical Equipment & Parts HQ China Ticker 301622.SZ Official site