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Industrials · Electrical Equipment & Parts

Baotou Tianhe Magnetics Technology Co., Ltd.

Chinese maker of rare earth permanent magnets

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What Baotou Tianhe Magnetics does

Baotou Tianhe Magnetics makes powerful permanent magnets from rare earth metals, mainly neodymium-iron-boron and samarium-cobalt. These magnets go into motors, appliances, medical devices, electric and hybrid cars, trains, ships, aircraft and robots. It sells in China and to overseas customers.

How Baotou Tianhe Magnetics makes money

It makes most of its money selling rare earth permanent magnets and magnetic assemblies to manufacturers in many industries. It also earns some revenue from after-sales service, machine manufacturing and repair, import-export trade, and warehousing and distribution.

Products & services

Sector Industrials Industry Electrical Equipment & Parts HQ China Ticker 603072.SS Official site