DMEGC

The predecessor of Hengdian Group DMEGC Magnetics Co., Ltd. was founded in 1980, and the joint-stock company was established in March 1999. In August 2006, DMEGC was successfully listed on the Shenzhen Stock Exchange (stock code: 002056).

DMEGC is a high-tech private enterprise with three major industries: magnetic materials, new energy, and devices. It is the leading enterprise in China's magnetic materials industry, currently the world's largest producer of permanent ferrite and soft ferrite materials, and the domestic solar manufacturer that has obtained the * certificate. It has been the largest taxpayer in Dongyang City for 23 consecutive years.

The company's chairman, He Shijin, won the National Technology Invention Second Prize. Under his leadership, the company has successively received honors such as one of China's Top 100 Electronic Components Enterprises, a key high-tech enterprise under the National Torch Plan, one of the first 20 Zhejiang Province "machine substitution" demonstration enterprises, a provincial "Three Famous" cultivation pilot enterprise, and one of the 30 outstanding enterprises in national private enterprise cultural construction.

The company is a main supplier and technology development pioneer for Fortune 500 enterprises, mainly producing over 10,000 specifications across 60 categories, including magnetic tiles, speaker magnets, microwave oven magnets, powder cores, solar cells, solar cell modules, alkaline batteries, cemented carbide, and lithium-ion power batteries. These products are widely used in household appliances, automobiles, computers, and communications. The products enjoy a high reputation in more than 60 countries and regions, including Europe, America, Korea, Japan, and Southeast Asia. The company has been rated as an "Excellent Supplier" by internationally renowned enterprises such as Bosch (Germany), Nidec (Japan), Samsung (Korea), and Cooper (USA) for many consecutive years.

The company has an excellent research team and an international technology exchange platform. It is a national high-tech enterprise certified by the Chinese Academy of Sciences and the Ministry of Science and Technology, a national innovation base for trade promotion through science and technology, a national demonstration base for intellectual property, a benchmark enterprise in the national electronic information industry, an advanced enterprise in the national implementation of performance models, and a national high-tech industrialization demonstration project. The company has established a post-doctoral research station approved by the Ministry of Personnel, and a provincial academician expert workstation. It possesses strong R&D capabilities and strong technological innovation and product development abilities. It is one of the first batch of 'pioneer enterprises' and management demonstration enterprises designated by the Zhejiang Provincial People's Government, and a leading backbone enterprise in Zhejiang's information economy.

In addition, the company combines lean management to accelerate automation, promotes the integration of informatization and industrialization in a systematic and innovative way, and optimizes production management. It is a demonstration unit for the integration of informatization and industrialization among headquarters-type enterprises in Zhejiang Province.

Years of arduous journey have forged DMEGC's brilliance. Adhering to the core values of 'Customer first, Care for employees; Unity, Pragmatism, Resilience, Innovation', the company will continue to surpass itself on the track of high-tech, green environmental protection, and unmanned operations, making new contributions to the national manufacturing industry!