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Founded in 1998 in Ningbo, China, ZHAOBAO MAGNET is a leading manufacturer of high-performance sintered NdFeB rare earth permanent magnets, with a strong heritage in advanced magnet technology and large-scale industrial manufacturing.

 

Today, ZHAOBAO MAGNET operates three major production bases across eastern and northern China, employing around 700 professionals and delivering an annual capacity of over 11,000 metric tons of high-performance NdFeB magnets. Our integrated manufacturing system covers the full value chain—from material processing and magnet fabrication to precision finishing and testing—ensuring stable quality, scalability, and supply security for global customers.

 

Innovation is at the core of ZHAOBAO MAGNET team’s long-term growth. Leveraging advanced Grain Boundary Diffusion (GBD) and selective diffusion technologies, we have successfully developed heavy rare earth-free (HRE-FREE) high-coercivity magnet grades, achieving performance levels up to N50SH without Dy or Tb, significantly reducing dependence on critical heavy rare earth elements while meeting demanding thermal and reliability requirements.

ZHAOBAO MAGNET maintains close cooperation with leading research institutions, including joint R&D platforms with the Chinese Academy of Sciences, and has been recognized as a National Manufacturing Champion Enterprise. We are also among the early recipients of China’s rare earth permanent magnet General Export License, reflecting our strong compliance capability and long-term operational reliability in a regulated global environment.

 

Our products are widely applied across industrial automation, automotive systems, EV powertrains, clean energy solutions, medical devices, smart wearables, industrial and humanoid robotics, aerospace, and other intelligent and lightweight applications, serving customers in over 60 countries and regions worldwide.

 

With nearly three decades of expertise, strong raw-material collaboration, and a forward-looking commitment to sustainability, ZHAOBAO MAGNET continues to empower global industries with reliable, high-performance magnetic solutions—driving innovation where precision, efficiency, and trust matter most. 


OUR HISTORY


1998: The founder, Mr. Chen Wei, founded ZHAOBAO MAGNET

2002: Became the largest supplier of electric bicycle motor magnet in China

2003: Our magnets were used for elevator motors

2005: Started the research of magnets for electric vehicle

2006: Was awarded to be Hl-TECH enterprise

2007: GotlSO/TS 16949 certificate; Entered into the application of wind turbine

2008: N35AH was awarded the prize of "National New & Key Product"

2009-2011: Won Prize of “Ningbo Scientific & Technological Enterprise”consecutively

2012: Became the largest supplier of elevator motor magnet in China; Got the “First Prize of Ningbo Science and Technology Progress Award”

2013: Introduced the ERP management system

2015: Introduced the Product Automatic Detection system

2016: New factory in Guizhou Zunyi was established

2017: Second Phase of ERP system started; Production and Operation Process was further optimized

2018: New Surface Treatment Center Automatic Production Lines were established

2019: Realized the Volume Production of grain boundary diffusion(GBD)to raise cost performance for customer

2020: Established 5G+ Industrial Internet Smart Factory

2021: Restructuring of Shareholding structure, initiating IPO plan

2022: Construction of 8,000 tons of new factory

2023: Standardize team building, preparing for IPO