DMEGC Magnetics Co. Ltd., was established in 1980, with a total workforce of only 33 people and an initial focus on the production of ferrite magnets for loudspeaker applications. From those humble beginnings, DMEGC has grown into a diverse, multinational corporation with over 19,000 employees. Today, we are the global market leader of the Ferrite Magnet industry and also have strong market positions in many other industries worldwide.  

 

DMEGC Magnetics is a member of the Hengdian Group, one of the largest privately held corporations in China. The Hengdian Group employs over 50,000 people and records average annual sales in excess of $4.25 Billion based on strong market positions in Electronics, Pharmaceuticals, Chemicals, Studio Entertainment and Renewable Energies.  

 

With the full strength and resources of the Hengdian Group standing behind us, DMEGC Magnetics has been able to achieve average annual sales in excess of $500 million. As a technically oriented manufacturer focused on various materials and component technology technologies, we serve clients in more than 50 countries around the world in the Automotive, Electronics, Home Appliance, IT/Telecom and Renewable Energies markets.

 

With one of the most diverse R&D and manufacturing bases in all of China that stretches back more than 30 years, DMEGC has established strong, long term relationships with some of the most well known corporations in the world, including:

 

Microsoft, IBM, HP, Sony, Panasonic, Toshiba, LS, Samsung, LG, Epson, Bosch, Valeo, Siemens, Osram, Huawei, ZTE, Philips, Emerson, Nidec, Matsushita, Haier, Flextronics, Foxconn, Compal, Arima, Inventec, BBK General Motors, Renault, Hilti, D&M, Eldor, GGE, XEMC, among others… 

 

In 2006 DMEGC Magnetics Co., Ltd. became a publicly listed company on China’s Shenzhen Stock Exchange – Stock Code number: 002056. 

  

 

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