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Industrials · Tools & Accessories

Ningbo Yunsheng Co., Ltd.

Chinese maker of rare earth NdFeB permanent magnets and magnet assemblies

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What Ningbo Yunsheng does

Ningbo Yunsheng makes powerful rare earth magnets, called NdFeB magnets, and builds them into ready-to-use magnet parts for motors and devices. The magnets go into electric cars, wind turbines, home appliances, phones and other electronics, industrial motors, medical equipment and robots. The company also has smaller businesses in optical fiber connectors, ceramic components and wind turbines.

How Ningbo Yunsheng makes money

It makes most of its money selling sintered and bonded NdFeB magnets and magnetic assemblies to makers of motors, vehicles, electronics and wind equipment, both in China and abroad in Europe, the US and Southeast Asia. Smaller revenue comes from optical fiber components, electromechanical products, wind turbines and technology services.

Products & services

Sector Industrials Industry Tools & Accessories HQ China Ticker 600366.SS Official site