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The Grand Inauguration Ceremony of "ZHAOBAO MAGNET Annual 8,000-ton High-Performance Rare Earth Permanent Magnet Intelligent Manufacturing Base" was successfully held

At 9:30, the grand ceremony officially kicked off. More than a dozen heavyweight guests from the political, academic, and research circles, including academicians of the Chinese Academy of Engineering, relevant leaders of the district government, and representatives of the Magnetic Materials Branch of the China Rare Earth Industry Association, gathered on the stage to jointly witness this historic moment of ZHAOBAO MAGNET.
 
The total investment of the project is 400 million yuan. It covers an area of 50,000 square meters and has a building area of 114,000 square meters. It has the production capacity of 8,000 tons of neodymium iron boron rare earth permanent magnet materials per year. This not only represents the strong strength of ZHAOBAO MAGNET in the magnetic materials industry, but also foreshadows the huge potential of the enterprise in the future market. 
 
Looking ahead, ZHAOBAO MAGNET will stay true to its original aspiration and keep its mission firmly in mind. It will closely focus on the grand blueprint for the economic and social development of Zhenhai District and is committed to creating high-quality projects with first-class comprehensive strength, first-class innovation ability, and a first-class ecological environment. The enterprise will adhere to the guidance of technological innovation, continuously break through its own limitations, take the lead in the field of magnetic drive, and cultivate the future of magnetism. 
 
We will be guided by technological innovation and move forward with determination. We firmly believe that with the joint efforts and unremitting struggles of all employees, ZHAOBAO MAGNET will definitely be able to contribute more wisdom and strength to the economic construction of Zhenhai District and 
write a more glorious chapter. 
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China Permanent Magnet, Magnetic Material Manufacturer - Zhaobao
Company: Ningbo Zhaobao Magnet Co., Ltd.
No. 1, Haisi Road, Zhenhai, Ningbo, 315200, Zhejiang, China.
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